News
SpaceX, NASA test escape zipline ahead of Crew Dragon’s astronaut launch debut
As part of continued preparations ahead of SpaceX’s Demonstration-2 mission (DM-2) that will debut Crew Dragon’s ability to support astronaut flight, SpaceX and NASA have successfully tested crew emergency egress (escape) systems at SpaceX’s primary crew launch facilities located at Launch Complex 39-A (LC-39A) at Kennedy Space Center in Florida. The successful verification tests have proven that SpaceX is ready to support crewed launches and preserve human life with effective escape methods, including a zipline mounted basket system that will whisk astronauts away from Crew Dragon and Falcon 9 in the event of a launch pad anomaly.
The formal launch pad escape verification test comes just a month after SpaceX and NASA CCP teams practiced astronaut recovery rehearsals – including emergency astronaut evacuation – from a high-fidelity Crew Dragon mockup capsule aboard the recovery Vessel GO Searcher.

Multiple teams from NASA and SpaceX including personnel from the Astronaut Office at NASA’s Johnson Space Center in Houston, NASA Flight Surgeons, SpaceX systems engineers, Kennedy Aero Medical, and Commercial Crew Program Safety worked together to successfully complete two full-dress rehearsals of different escape methods.
In a Commercial Crew Program (CCP) blog post, NASA CCP launch operations integrator Steve Payne stated that “this demonstration allowed all the various teams responsible for ground operations, system design, ground safety and emergency management to observe and verify the system is ready for operational use.”
The launch pad escape methods practiced at LC-39A simulated evacuation plans that would usher flight and pad crew members to safety should any sort of life-threatening anomaly occur during launch proceedings. Two different versions of escape methods were practiced – a quick emergency evacuation utilizing the zipline system and a less life-threatening situation using an elevator.

Both escape plans require that crew members are able to evacuate the crew access arm and crew-loading level of the Fixed Service Structure (FSS) at LC-39A, located some 265ft in the air. During SpaceX renovations of LC-39A the crew loading platform was moved roughly half a level higher to accommodate the Crew Dragon capsule’s position atop a Falcon 9 booster, as the Crew Dragon stack is far different from and significantly taller than the Space Shuttles that previously flew from LC 39-A.
One exit method demonstrated how both flight and pad crew members could exit the launch pad under non-emergency circumstances. NASA astronauts Bob Behnken and Shannon Walker participated in the exercises and began the first rehearsal at the end of the crew access arm (CAA) – known as a white room – and took an elevator in the FSS to the ground before being escorted to a safe location nearby.

The second rehearsal simulated an emergency (i.e. time-sensitive) egress with active escape alarms and fire suppression systems that required the astronauts and pad crew to escape the launch tower using slide-wire mounted – essentially a serious zipline – basket transport system. This method has been around for decades and during the SpaceX LC-39A renovations some much-needed upgrades were implemented, including a new braking system to control basket descent speed and modifications to allow easier exit from the baskets.

In the blog post, Behnken expressed excitement about the completion of the verification tests, as they bring him and his colleagues one step closer to launching to orbit aboard SpaceX’s Crew Dragon spacecraft. “It’s exciting to have this verification test behind us on our way to the SpaceX Demo-2 mission. Each time today when we headed down the crew access arm, I couldn’t help but think about what it will be like to strap into Dragon on launch day.”
Behnken’s words reflect the anticipation and excitement that is shared by all as we await the historic and triumphant return of human spaceflight from US soil when SpaceX’s Crew Dragon capsule carries astronauts to the International Space Station for the first time. SpaceX CEO, Elon Musk, recently stated that the Crew Dragon capsule (C204) and trunk that will support DM-2 and (hopefully) push SpaceX into a new era of human spaceflight is set to arrive in Florida as early as November 2019. The Falcon 9 booster (B1058) has already completed static fire testing in Texas and is likely already in Florida or set to arrive imminently.
If all goes as planned during Crew Dragon’s upcoming in-flight abort (IFA) test and NASA is able to efficiently complete its myriad of reviews and paperwork, SpaceX should be ready to launch its first astronauts into orbit early next year.
Check out Teslarati’s newsletters for prompt updates, on-the-ground perspectives, and unique glimpses of SpaceX’s rocket launch and recovery processes.
Elon Musk
Tesla Optimus project fires up as Musk sees production line progress
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.
Investor's Corner
SpaceX gets initial stock coverage from Tesla’s biggest bull
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.