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SpaceX teases more Starship flight tests “in the days ahead”
A SpaceX engineer hosting the company’s recent record-breaking Starlink launch told viewers to “stay tuned for additional [Starship] test flights in the days ahead.”
Spoken during a segue focused on Starship’s first fully successful landing days prior, the senior SpaceX employee’s choice of words could scarcely have been more intriguing and wide-open to interpretation. Ever since Starship SN15 stuck the landing on May 5th, the ~50-meter (~165 ft) tall steel rocket has taken a small but noteworthy departure from partial prototypes SN5 and SN6 – both of which survived short hop tests last year.
Unlike Starship SN5 and SN6, which both took two full days to safe, SpaceX recovery teams were able to approach full-size prototype SN15 less than four hours after touchdown and an adjacent highway was opened to the public just half a day after that. More importantly, as of May 11th, Starship SN15 has effectively been ready for transport for five days.
Unlike any prior Starship test, Starship SN15 was the first vehicle to test out a new custom-built transporter that also serves a purpose similar to the Octagrabber robots SpaceX uses to secure landed Falcon boosters at sea. It’s unclear how exactly the jig works but it appears to separate into two pieces – both attached to a pair of self-propelled modular transporters (SPMTs) – that can then encircle a landed Starship and be bolted together.
In that sense, just like Octagrabber allows SpaceX to secure Falcon boosters without a crane, SpaceX’s new Boca Chica recovery jig allows it to secure landed Starships without having to attach a crane and lift a rocket with unknown structural integrity. Technically, once that recovery jig is in place around Starship and the rocket is firmly secured to it, there’s nothing preventing SpaceX from immediately transporting it elsewhere. SN5 and SN6 went back to SpaceX’s Starship factory almost immediately after they were craned onto transporters.
That process also required landing leg removal, which involved a crane lifting SN5 and SN6 and workers carefully balancing the rocket on jack stands to gain access. With SN15, that new jig meant that SpaceX could lift the Starship with the transporters’ own hydraulic leveling systems, removing the need for a crane. Thanks to that improvement, the rocket’s legs were removed less than two days after landing.
However, beyond moving Starship SN15 from the edge of the landing zone to its center, SpaceX has yet to actually transport it anywhere more than four days after it was ready to roll. According to CEO Elon Musk, SpaceX “might try to refly SN15 soon” and the fact that the company still hasn’t transported Starship SN15 back to the build site seems to imply that Musk really meant “soon”.
In other words, there isn’t an obvious reason for SpaceX to keep Starship SN15 at the launch site unless the company believes that transporting it elsewhere would be counterproductive. Given that SpaceX has yet to install replacement landing legs on the rocket, it’s hard to guess the company’s plans for SN15, but it is clear that SpaceX itself is undecided. According to an excellent NASASpaceflight.com overview of where things currently stand, SpaceX is evaluating its next steps and options include reflying Starship SN15, rolling out Starship SN16 and flying that prototype “to a higher altitude,” or even jumping straight to “orbital testing” with a future Starship and a Super Heavy booster.
SpaceX’s webcast host hinting at multiple additional Starship launches “in the days ahead” has not helped to calm that storm of speculation and possibilities. As of May 11th, SpaceX has nevertheless scheduled a a road closure for an apparent transport to or from the launch pad. What transpires could easily end all speculation if Starship SN15 or SN16 wind up on the move, but it’s just as likely that SpaceX is simply preparing to move the latest of seven or eight custom-built propellant storage tanks to its growing orbital launch site.
For now, we’ll just have to wait and see.
Tesla CEO Elon Musk posted a photo of himself standing with the Optimus production team inside Tesla’s Fremont factory, arms crossed amid workers in hard hats and safety vests. The image captures a pivotal industrial shift: the same facility space once dedicated to building Tesla’s flagship Model S sedan and Model X SUV is now home to the company’s humanoid robot manufacturing line.
Walking the Optimus production line in Fremont pic.twitter.com/ABS0tuRibW
— Elon Musk (@elonmusk) July 1, 2026
Tesla’s Fremont Factory, acquired in 2010 from the former NUMMI joint venture between Toyota and GM, has been the company’s original U.S. manufacturing hub since Model S production began in 2012.
The Model X followed soon thereafter. These premium vehicles offered lower annual volumes, recently around 30,000 combined, compared to the high-volume Model 3 and Model Y lines that continue around the site. Over their combined run, the S and X accounted for roughly 610,000 units.
In late January 2026, during Tesla’s Q4 2025 earnings call, Elon Musk announced the end of Model S and Model X production in Q2 2026. The final vehicles rolled off the line in early May. Rather than retooling for another vehicle, Tesla chose to convert the dedicated S/X assembly area into a dedicated Optimus Gen 3 production line.
Model 3 and Y manufacturing remains unaffected. Tesla’s official Fremont Factory page now lists Optimus alongside the 3 and Y as core products.
The conversion was executed with remarkable speed. After production stopped, crews dismantled the existing vehicle line and installed entirely new modular equipment—including lines sourced from Germany and dozens of sub-lines for actuators, batteries, and other components—in roughly four months.
Musk described the timeline as “insanely fast,” noting it would be unprecedented for any other manufacturer. Initial Optimus output is expected to ramp slowly due to the robot’s roughly 10,000 unique parts and the brand-new production processes involved. The Fremont line targets an eventual capacity of 1 million Optimus units per year.
Tesla isn’t joking about building Optimus at an industrial scale: Here we go
Optimus Development Timeline
- August 19, 2021: Optimus (then called Tesla Bot) formally announced at Tesla’s first AI Day. A concept video showed a person in a suit demonstrating the vision for a general-purpose humanoid capable of dangerous, repetitive, or boring tasks using the same AI architecture as Full Self-Driving.
- 2022: Early prototypes displayed. At the second AI Day in September, semi-functional units demonstrated walking across a stage and basic arm movements
- 2023: September videos showed improved capabilities, including sorting colored blocks, precise limb awareness, and holding a Yoda pose.
- 2024-early 2025: Factory integration videos showed Optimus navigating workspaces and handling objects like battery cells.
- January 2026: Gen 3 mass-production activities began at Fremont, with reports of over 1,000 Gen 3 units already operating inside the factory for real-world learning and AI training
- April 2026: Musk confirms Optimus production on converted Fremont line would begin in late July or August 2026. The Gen 3 reveal, originally eyed for Q1, was pushed closer to production start. A second, much larger Optimus factory at Giga Texas is under construction, with volume production targeted for Summer 2027 and long-term capacity of 10 million units annually
- July 1, 2026: Musk’s on-site visit and team photo confirm the Optimus line is operational and the transition is actively progressing
Tesla positions Optimus as potentially its largest project ever, leveraging vertical integration, AI expertise, and car-like manufacturing know-how to scale humanoid robots first for its own factories and later for broader industrial and consumer use.
The Fremont conversion serves as a critical proving ground for this ambitious new chapter in Tesla’s already-rich history.
Investor's Corner
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
Tesla short seller Michael Burry, the subject of the film “The Big Short,” where he was portrayed by Steve Carell, has revealed he has opened a new bet against the stock.
In a new update to his Substack newsletter in a post titled “Trading Post June 30, 2026,” Burry revealed a new set of bets against Tesla, Caterpillar, NVIDIA, Applied Materials Inc., and the iShares Semiconductor ETF.
In regard to Tesla, Burry wrote:
“And finally I shorted Tesla at 416.22. Happy it jumped back to this level.”
This means Burry likely opened his new short position after the company’s recent rally on Wall Street, which saw Tesla shares sink in mid-May, only to recover to well over the $400 mark. Currently, shares trade at around $427.
The company saw a big Tuesday as shares climbed considerably, over 10 percent. The size of the Tesla short was not provided, nor did Burry give any information on the position’s structure, the number of shares, dollar value, or whether options were used in the short.
The Tesla and SpaceX merger everyone is talking about is quietly building
Over the years, Burry has been one of the more vocal critics of Tesla, calling its share price “media inflated,” and saying it was “ridiculously overvalued” as recently as December.
The company has largely transitioned away from being known as an automotive company and instead is much more widely regarded as an AI play, mostly due to its Full Self-Driving efforts, Optimus robot development, and data collection related to both.
This has not pulled those skeptics away from being vocal about their distaste for how Tesla is valued, but there’s no denying that the company is a global force in many things, including sustainable energy, automotive, and AI.
Wedbush Securities is initiating stock coverage on SpaceX (NASDAQ: SPCX), marking the first comments on the company since it went public several weeks ago. Wedbush and its analyst handling coverage, Dan Ives, are widely bullish on fellow Musk company Tesla (NASDAQ: TSLA).
Ives wrote his first note initiating coverage of SpaceX shares on Wednesday with a $190 price target and an ‘Outperform’ rating. The firm believes the company is well positioned off of its IPO because of its wide array of projects, including AI compute power and infrastructure, connectivity projects, and launches.
“We view SpaceX as one of the most differentiated assets within the tech market with a strong footprint across its three core markets, with Starlink driving success with connectivity,” Ives wrote, “Starship launches leading to a demand flywheel and increasing deal flow for its Colossus clusters.”
Elon Musk called it Epic: The full story of SpaceX’s Starship Flight 12
Wedbush leans heavily on Starlink, which they say is the “profitability driver given the strength of its recurring revenue base of ~12 million subscribers as of June 5th.” Ives believes Starlink is still in the “early innings” of penetrating the global telecommunications and broadband market, as it only holds less than a 1 percent share. However, this number is sure to increase over time.
It also highlights the importance of Starship, which it says is an “essential layer” of SpaceX’s overall success. SpaceX developing and displaying the ability to reuse rockets is a major cost and reliability advantage “as it reduces the necessary hardware launch costs while generating a feedback loop for future flights to improve their launch flight rate without accelerating capex spend.”
Finally, SpaceX’s recent AI/Compute projects are also very elementary, Ives writes. It is worth mentioning Wedbush said its $190 price target is derived from a valuation forecast that sees the company yielding roughly $2.48 trillion of implied enterprise value.
There are also some factors that Wedbush did not take into account with its initial coverage. The firm wrote in the note:
“We note that there is optional value coming from Starship’s accelerating scale towards sub-$200/kg unit economics, orbital data centers, and enterprise AI monetization as these factors could drive meaningful upside but these face major hurdles, so we do not take that into account with our valuation.”
SpaceX shares are down just over 2 percent today, trading at around $167 at the time of publication.
Tesla Optimus project fires up as Musk sees production line progress
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
