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Hurricane Ian delays SpaceX’s next NASA astronaut launch
Update: As Hurricane Ian begins to impact Kennedy Space Center, NASA and SpaceX have decided to extend Crew-5’s launch another 24 hours, pushing it to no earlier than (NET) 12:00 pm (16:00 UTC) on Wednesday, October 5th. Both partners will continue to monitor the situation and more delays may follow if the storm causes any relevant damage or flooding.
SpaceX and NASA have decided to delay Crew Dragon’s next astronaut launch from October 3rd to October 4th as Hurricane Ian rapidly approaches Florida’s west coast.
While the hurricane will land on the side of Florida opposite NASA’s Kennedy Space Center launch facilities, where SpaceX leases Pad 39A, it’s still expected to impact parts of the state’s east coast as a tropical storm. In response to forecasts of torrential rain and winds close to 60 mph (~95 km/h) as early as September 28th, NASA has locked down KSC.
The storm had already delayed the arrival of Crew-5’s four astronauts as NASA monitored the increasingly concerning weather system, and is now expected no earlier than (NET) September 30th. That leaves a nominal four days for the crew to run through a busy schedule of preflight testing – including a dry dress rehearsal launch simulation – following NASA’s decision to delay Falcon 9’s Crew-5 launch to 12:23 pm EDT (16:23 UTC) on Tuesday, October 4th.
In a September 26th press conference, NASA and SpaceX officials noted that everything within their control was looking great for the launch. Only two minor issues – one with welds on some of Falcon 9 booster B1077’s COPV pressure vessels and another with a carbon fiber composite joint on Crew-5’s flight-proven Dragon capsule – were still open, and neither was expected to be a problem for the launch.
The mission will ferry NASA astronauts Nicole Mann and Josh Cassada, Japanese (JAXA) astronaut Koichi Wakata, and Russian astronaut Anna Kikina to the International Space Station, where they will spend about five months maintaining the orbital outpost and conducting science. Upon arriving at the ISS, they will take over from astronauts Kjell Lindgren, Bob Hines, Samantha Cristoforetti, and Jessica Watkins, who will board their own Crew Dragon and depart the station five days later.
Attached to a new, expendable ‘trunk,’ the Crew Dragon spacecraft arrived at SpaceX’s Pad 39A processing hangar on September 23rd and was fully integrated with Falcon 9 (an expendable second stage and reusable booster) by September 26th. Falcon 9 booster B1077 will debut on the mission alongside Dragon capsule C210 (Endurance). Dragon C210 splashed down with four astronauts after its first mission, Crew-3, on May 6th, 2022, and will head to orbit a second time 155 days later. Dragon’s turnaround record is 137 days.
Crew-5’s delay – possibly less than 24 hours – pales compared to Hurricane Ian’s other NASA impacts. Most significantly, the agency was forced to roll its first Space Launch System (SLS) Moon rocket back to shelter after playing a risky game of chicken with the storm. The rocket completed its third return to the Vehicle Assembly Building on September 27th, where a few aging or misbehaving components will need to be inspected, modified, or replaced. NASA administrator Bill Nelson anticipates that the rollback will likely delay the SLS rocket’s next launch attempt from early October to mid-November.
However, because NASA is not eager to launch SLS at night, which is where most of its November launch opportunities lie, there’s a good chance that the rocket’s next launch attempt will have to wait until November 22nd or later.
Tesla stock (NASDAQ: TSLA) endured one of its sharpest single-day declines in years on July 23, tumbling approximately 14.5 percent and closing near $320 after opening the session around $374. The drop erased more than $140 billion in market value amid heavy trading volume and left the shares at multi-week lows.
The sell-off followed the company’s second-quarter 2026 results, released the previous evening. Tesla reported record revenue of $28.2 billion, up 26 percent year over year, driven by a Q2-record 480,126 vehicle deliveries. Energy storage deployments also rose strongly.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Yet profitability disappointed sharply. Operating income fell 57 percent to $398 million, compressing the operating margin to just 1.4 percent. Non-GAAP earnings per share came in at $0.33, well below the roughly $0.53 analysts had expected. Free cash flow turned negative by $1.1 billion as capital expenditures surged 142 percent to $5.8 billion, largely tied to accelerated spending on artificial intelligence, robotics, and autonomous systems.
The losses on capex were expected, as Tesla said it would be spending heavily in 2026.
Investors also reacted to lingering uncertainty surrounding key product timelines. During the Earnings Call, management reiterated ambitions for Robotaxi deployment and the Optimus humanoid robot, but offered limited new concrete milestones, renewing questions about execution pace that have long accompanied Tesla’s ambitious roadmap.
The magnitude of the decline places it among Tesla’s more severe one-day percentage losses since its 2010 initial public offering. Historically, the two largest single-day drops (split-adjusted) remain September 8, 2020, when shares fell 21.1 percent amid broader market volatility and valuation concerns, and January 13, 2012, with a 19.3 percent plunge during the company’s early growth struggles.
Other notable declines include an 18.6 percent drop on March 16, 2020, at the onset of pandemic-related market turmoil. Thursday’s move ranks roughly ninth on the all-time list but stands out as the steepest in more than a year.
Despite the short-term pain, Tesla’s long-term trajectory has repeatedly recovered from such volatility. The latest results underscore both the strength of its core automotive and energy businesses and the near-term costs of heavy investment in next-generation technologies.
Elon Musk clapped back at France’s decision to withhold the approval for Tesla’s Full Self-Driving (FSD) Supervised system, projecting a clear and blunt message to French Transport Minister Phillippe Tabarot, after he publicly rejected the technology in its current form.
Tabarot outlines several concerns with Tesla Full Self-Driving in a detailed video statement, where he said, “The safety trade-offs are not yet sufficient to authorize it as it currently stands,” he said. He emphasized that FSD is not a true self-driving system and that the driver remains fully responsible.
Key issues Tabarot also brought up included allowing speeding when surrounding traffic exceeds limits and what he believes are insufficient guarantees of driver attention during complex urban maneuvers such as lane changes, intersections, and roundabouts.
Delaying the approval of FSD in France will cost lives
— Elon Musk (@elonmusk) July 22, 2026
While acknowledging technological progress and France’s support for autonomous innovation, Tabarot stressed that deployment must prioritize road safety. He noted ongoing technical discussions with Tesla, the Netherlands, and other European partners, with further ecosystem meetings planned for the fall.
Musk’s rebuke highlights the human cost of regulatory caution. Tesla’s latest safety reports provide compelling data supporting accelerated adoption. In the most recent 12-month period, vehicles using FSD (Supervised) recorded one major collision per approximately 5.1 million miles driven, dramatically better than the U.S. national average of one crash per 698,000 miles.
Even Tesla vehicles driven manually with active safety features outperform the average by a wide margin. These figures come from billions of real-world miles of telemetry, showing FSD vehicles involved in far fewer incidents than both manual Teslas and the broader U.S. fleet.
Critics argue Tesla’s comparisons require careful scrutiny regarding reporting thresholds and fleet demographics, yet the data consistently positions FSD as a potential lifesaver. With road fatalities remaining a leading cause of death worldwide, Musk contends that proven safer technology should not face prolonged bureaucratic hurdles.
France’s measured approach reflects the broader European regulatory caution, which many, especially Musk, have been critical of in the past. However, as autonomous systems from Tesla and competitors like Waymo demonstrate superior safety in independent studies, pressure is mounting for harmonized approvals.
Musk’s warning carries the belief that every month of delay may equate to avoidable tragedies on European roads.
In a striking revelation that underscores the lucrative crossover between Big Tech and space exploration, Alphabet Inc., Google’s parent company, disclosed a massive $94.1 billion equity stake in SpaceX following the rocket company’s blockbuster initial public offering earlier this year.
The disclosure came in Alphabet’s quarterly filing, marking the first time the long-held private investment has been publicly valued at market prices. Google was an early backer, investing alongside Fidelity in 2015 with roughly $500-900 million at a time when SpaceX was valued around $12 billion.
That bet has delivered extraordinary returns, roughly a hundredfold, transforming a strategic play on satellite internet and launch capabilities into one of Alphabet’s largest assets.
Google, $GOOGL, has said they hold $94 billion in SpaceX, $SPCX, shares after IPO.
— unusual_whales (@unusual_whales) July 23, 2026
Of the total holding, approximately $80 billion remains subject to short-term post-IPO lockup restrictions, preventing near-term sales. An additional $14.1 billion faces longer-term restrictions, extending into the third quarter of 2027. This structure limits immediate liquidity but protects against market volatility as SpaceX transitions into public trading.
The SpaceX position contributed significantly to gains in Alphabet’s broader investment portfolio, which also includes a major stake in AI leader Anthropic. Combined, these holdings helped drive nearly $100 billion in investment gains during the second quarter, providing a substantial boost to net income amid ongoing AI spending pressures.
Analysts view the disclosure as validation of Alphabet’s venture strategy beyond its core search and cloud businesses. The investment aligns with deeper ties, including reported multi-billion-dollar deals for AI computing capacity on SpaceX infrastructure. As SpaceX advances Starship flights, Starlink expansion, and ambitious Mars goals under Elon Musk, Google’s stake positions it to benefit from the commercialization of space.
For Alphabet, the windfall highlights how patient, forward-looking bets in transformative sectors can yield outsized rewards. While lockups temper short-term impact, the holding cements SpaceX as a cornerstone of Alphabet’s diversified portfolio in an era where aerospace, AI, and connectivity increasingly intersect. Investors will watch closely as restrictions lift and SpaceX’s public performance unfolds.
Tesla stock tumbles after earnings, one of its sharpest single-day declines
Elon Musk is not happy about this Tesla Full Self-Driving approval delay
