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SpaceX, NASA announce date for next Crew Dragon astronaut launch

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SpaceX and NASA have settled on October 3rd for the company’s fifth operational astronaut launch, a mission that will also mark the first time a Russian cosmonaut flies on Crew Dragon.

Initially scheduled to launch in early September, NASA announced in July that SpaceX’s Crew-5 launch was slipping to late September after the company accidentally ran its new Falcon 9 rocket booster into a bridge. Luckily for SpaceX, the incident only damaged the top of the booster and was easily resolved with a replacement interstage, but the unplanned repairs still took time and delayed the start of qualification testing in McGregor, Texas.

Ultimately, the damage triggered a delay of about a month, pushing the launch to September 29th. About a month later, NASA and SpaceX have refined that date to 12:55 pm EDT (16:55 UTC) on October 3rd to ensure “extra separation with spacecraft traffic” at the busy International Space Station (ISS).

After such an inauspicious start to its life outside the walls of SpaceX’s Hawthorne, California factory, Falcon 9 booster B1077 was repaired and completed a 78-second static fire test without issue in early August. As of now, the booster is likely almost ready to ship from McGregor, Texas to Cape Canaveral, Florida if it hasn’t left already.

Crew-5 is the second Dragon mission in a row to be significantly delayed by issues with SpaceX hardware after CRS-25 – an uncrewed space station cargo delivery – slipped from June 9th to July 11th because of a leaky Cargo Dragon thruster. Delays of more than a few days caused by SpaceX’s pad, rockets, or spacecraft have become a rarity as the company gains more and more near-term experience operating them around the clock.

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In a strange decision, NASA also decided to uphold old plans to swap seats between Soyuz and Commercial Crew vehicles, allowing a Russian cosmonaut to fly on Crew Dragon as the country continues to commit war crimes, kidnap and expatriate vast numbers of legal citizens, and terrorize tens of millions more with its illegal war on Ukraine. Worse, Russia has repeatedly used the International Space Station and its cosmonauts to disseminate propaganda about the war and boast about the new territories it continues to steal from the sovereign nation. Nonetheless, NASA has allowed the deal to continue, and Russian cosmonaut Anna Kikina is on track to launch alongside NASA astronauts Nicole Mann and Josh Cassada and Japanese (JAXA) astronaut Koichi Wakata.

Crew-5 will be SpaceX’s eighth astronaut launch overall, seventh astronaut mission to the space station, and sixth astronaut transport mission for NASA. Once docked to the ISS, Crew-5 will take over from Crew-4, who will depart the station soon after in their own Crew Dragon and return to Earth sometime in October.

Due to a string of issues that have caused years of delays for Boeing’s Starliner spacecraft, which was developed simultaneously alongside SpaceX’s Crew Dragon as part of the NASA Commercial Crew Program, SpaceX has been tasked with continuously ensuring the presence of NASA astronauts at the ISS since November 2020. Equivalent to Crew Dragon’s May 2020 Demo-2 mission, Boeing’s first crewed Starliner flight test (CFT) is scheduled to launch no earlier than (NET) February 2023. SpaceX is thus guaranteed to be NASA’s sole path to the ISS until Q3 or Q4 2023, but that period could easily stretch into 2024 if Boeing runs into any additional issues with Starliner over the next year.

Eric Ralph is Teslarati's senior spaceflight reporter and has been covering the industry in some capacity for almost half a decade, largely spurred in 2016 by a trip to Mexico to watch Elon Musk reveal SpaceX's plans for Mars in person. Aside from spreading interest and excitement about spaceflight far and wide, his primary goal is to cover humanity's ongoing efforts to expand beyond Earth to the Moon, Mars, and elsewhere.

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Cantor Fitzgerald reaffirms bullish view on Tesla after record Q3 deliveries

The firm reiterated its Overweight rating and $355 price target.

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(Credit: Tesla)

Cantor Fitzgerald is maintaining its bullish outlook on Tesla (NASDAQ:TSLA) following the company’s record-breaking third quarter of 2025. 

The firm reiterated its Overweight rating and $355 price target, citing strong delivery results driven by a rush of consumer purchases ahead of the end of the federal tax credit on September 30.

On Tesla’s vehicle deliveries in Q3 2025

During the third quarter of 2025, Tesla delivered a total of 497,099 vehicles, significantly beating analyst expectations of 443,079 vehicles. As per Cantor Fitzgerald, this was likely affected by customers rushing at the end of Q3 to purchase an EV due to the end of the federal tax credit, as noted in an Investing.com report. 

“On 10/2, TSLA pre-announced that it delivered 497,099 vehicles in 3Q25 (its highest quarterly delivery in company history), significantly above Company consensus of 443,079, and above 384,122 in 2Q25. This was due primarily to a ‘push forward effect’ from consumers who rushed to purchase or lease EVs ahead of the $7,500 EV tax credit expiring on 9/30,” the firm wrote in its note.

A bright spot in Tesla Energy

Cantor Fitzgerald also highlighted that while Tesla’s full-year production and deliveries would likely fall short of 2024’s 1.8 million total, Tesla’s energy storage business remains a bright spot in the company’s results.

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“Tesla also announced that it had deployed 12.5 GWh of energy storage products in 3Q25, its highest in company history vs. our estimate/Visible Alpha consensus of 11.5/10.9 GWh (and vs. ~6.9 GWh in 3Q24). Tesla’s Energy Storage has now deployed more products YTD than all of last year, which is encouraging. We expect Energy Storage revenue to surpass $12B this year, and to account for ~15% of total revenue,” the firm stated. 

Tesla’s strong Q3 results have helped lift its market capitalization to $1.47 trillion as of writing. The company also teased a new product reveal on X set for October 7, which the firm stated could serve as another near-term catalyst.

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Elon Musk’s xAI becomes Memphis’ 2nd largest taxpayer in just one year: report

Elon Musk’s artificial intelligence startup, xAI, is reshaping Memphis’s economic landscape.

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Credit: xAI

Elon Musk’s artificial intelligence startup, xAI, is reshaping Memphis’s economic landscape. In just twelve months, the company has become the city and county’s second largest taxpayer.

The update was related in a report from The Wall Street Journal.

Memphis’ second-largest taxpayer

xAI is currently transforming a defunct Mississippi power plant into a crucial hub for AI, supplying electricity to its Colossus supercomputer cluster and its successor, Colossus 2. Together, the Colossi supercomputers will host more than half a million Nvidia chips that would be used for the development and improvement of Grok, xAI’s large language model. 

The buildout has injected billions into the region, making xAI one of Memphis’s most significant private investors and a symbol of the city’s high-tech aspirations. Bill Dunavant III, a Memphis businessman who sits on the board of directors of the city’s chamber of commerce, highlighted xAI’s contribution to the city’s economy in a comment to the WSJ

“In one year, xAI has become the second largest taxpayer in the city and county after FedEx,” he said. A spokesman for the Greater Memphis Chamber of Commerce has also stated that xAI has demonstrated “substantial economic commitment to our region, without any tax incentives.”

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Not without controversy

Despite the economic boost, xAI’s footprint has drawn scrutiny. The company’s natural-gas-powered turbines are expected to consume a substantial amount of water and electricity. Critics have also expressed worries about pollution and increased utility costs, though others see Musk’s wastewater recycling plans and cleanup initiatives as meaningful offsets.

As per the WSJ, xAI’s positioning in the market may be quite different than what Musk is typically used to, considering that the CEO tends to become a first mover in key industries, such as the EV segment with Tesla and private spaceflight with SpaceX. With xAI, however, he is catching up to competitors, the most notable of which is a company he co-founded, OpenAI, and its ubiquitous large language model, ChatGPT.

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Tesla all but confirms that affordable Model Y is coming Tuesday

It does appear that October 7 would be the date when the world sees Tesla’s actual idea of what an affordable vehicle would be like.

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Tesla has released a cryptic teaser of a product that would be announced on Tuesday, October 7, 2025. Based on the company’s hint, it does appear that the product would be the affordable Model Y that has been spotted doing road tests across the country over the past months.

Affordable Model Y sightings

Last week, news emerged that a number of key Tesla influencers visited Gigafactory Texas for a private event. These included veteran Tesla YouTubers, car reviewers, influencers on X, and even a teardown expert who provided the initial insights on how to improve the original Model 3 sedan. At the same time, an uncovered unit of the apparent affordable Model Y was posted online. The vehicle was reportedly sighted close to Giga Texas. 

The new Model Y variant had some notable changes from the standard Model Y. Its fascia seemed inspired by the Model 3 sedan instead of the Cybertruck, and its roof seemed blacked out. Overall, it looked like a simpler Model Y designed to be offered at an affordable price. 

The weekend teasers

Teasers about an upcoming product were posted by Tesla’s official account on social media platform X, though the electric vehicle maker made it a point to keep things very vague. Initially, a closeup video of what appeared to be an aero wheel was posted, though it was vague enough that some speculated that it could be Elon Musk’s long-announced HVAC system instead. 

On Sunday, another teaser video was posted featuring the headlights of a new car. This brought speculations that the new Roadster might finally be announced. Inasmuch as a new Roadster unveiling would be exciting, however, it was evident that the headlights in the new teaser were a match to the uncovered affordable Model Y unit that was spotted close to Giga Texas a few days ago. With this in mind, it does appear that October 7 would be the date when the world sees Tesla’s actual idea of what an affordable vehicle would be like.

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