News
SpaceX, NASA targeting separate Moon launches days apart
NASA and a SpaceX customer have announced plans to launch two unrelated Moon missions days apart next month.
On October 12th, NASA confirmed that it will roll its Space Launch System (SLS) rocket out to its Kennedy Space Center LC-39A pad for the fourth time as early as November 4th. Barring surprises, the rocket’s next launch attempt is scheduled no earlier than (NET) 12:07 am EDT (17:07 UTC), November 14th. SLS is tasked with launching an uncrewed prototype of NASA’s Orion crew capsule on its way to the Moon, where the spacecraft will attempt to enter lunar orbit and conduct tests before returning to Earth.
The same day, Japanese startup ispace confirmed that HAKUTO-R M1, its first commercial Moon lander, is scheduled to launch on a SpaceX Falcon 9 rocket sometime between November 9th and 15th. While NASA has a $73M contract with ispace to develop a second-generation SERIES-2 Moon lander in the United States, the first-generation HAKUTO-R program has been an almost entirely private endeavor. The first M1 lander will attempt to deliver two rovers – one built by Japan and the other by the United Arab Emirates – and several other commercial and government payloads to the surface of the Moon.
As of 2020, HAKUTO-R is expected to weigh around 1050 kilograms (~2300 lb) at launch and has been designed to land up to 30 kilograms (~66 lb) of usable payload on the Moon. ispace has designed and built most of the lander’s structures but contracted with Europe’s ArianeGroup to provide the propulsion system and fully assemble, integrate, and test the lander in Germany.
According to ispace’s documentation [PDF], Falcon 9 will launch HAKUTO-R into a “supersynchronous” Earth orbit, where the lander will check out its systems before eventually using its own propulsion to thrust itself free of Earth’s gravity well and into the Moon’s. It expects a nominal transit from Earth orbit to the lunar surface to take at least 20 days. The lander is designed to survive up to 12 days on the Moon, during which it will attempt to operate its onboard experiments, deploy both of its tiny rovers, and transmit all the data gathered back to Earth.
The startup initially [PDF] described its arrangements with SpaceX as contracts to launch two landers as secondary payloads on two Falcon 9 rockets. In its press releases, ispace no longer specifies whether the one-ton spacecraft will be the only payload on Falcon 9. It’s possible that HAKUTO-R M1 will be a secondary payload on SpaceX’s launch of the Eutelsat 10B geostationary communications satellite, which is currently scheduled NET November 11th. In a rare move, SpaceX will reportedly expend Falcon 9’s reusable first-stage booster during the mission, leaving much more performance on the table.
Update: Launch photographer Ben Cooper reports that Falcon 9’s reusable booster will fly back to the Florida coast to land on land after launching HAKUTO-R, strongly implying that the Moon lander will actually be the rocket’s only payload.
ispace has raised approximately $210 million since it was founded in 2010 – coincidentally the same year that the US Congress forced NASA to begin developing the SLS rocket. 12 years later, there’s a chance that the first launches of SLS and HAKUTO-R could occur hours apart.
When it rolls out next month, NASA’s SLS rocket will be heading to the launch pad for the fourth time. SLS and Orion have had a less-than-smooth journey to their first launch, suffering half a decade of delays and running tens of billions of dollars over budget as a result. Once all the pieces had arrived in Florida, it took NASA and its contractors about 12 months to finish assembling SLS and Orion and begin testing the integrated rocket.
Since integrated testing began in April 2022, SLS has undergone five publicized wet dress rehearsal (WDR) tests in April, June, and September. It also attempted to launch twice on August 29th and September 3rd, although both attempts were arguably a continuation of WDR testing in everything but name. But it appears that when the rocket rolls out for the fourth time, NASA will have finally completed nearly all of the testing it should have finished before loudly proclaiming that its “Mega Moon Rocket” was ready to launch back in August.
The SLS launch debut will almost certainly take precedence over any other Cape Canaveral launch around the same time, including HAKUTO-R M1, but SpaceX could potentially launch the Moon lander roughly one day before or after NASA’s Moon rocket.
Tesla (NASDAQ: TSLA) beat Wall Street expectations of 406,000 vehicles delivered in Q2 by reporting 480,126 deliveries for the three months ending in June.
Tesla reported it delivered 467,762 Model 3 and Model Y units, while 12,364 Model S, Model X, and Cybertrucks switched hands during the quarter. The Model S and Model X were officially sunset this past quarter and will no longer be part of the company’s Production & Delivery reports moving forward.
🚨 BREAKING: Tesla delivered 480,126 vehicles in Q2, ANNIHILATING Wall Street expectations of 406,000. Production was reported at 451,758.
Deliveries:
Model 3/Y: 467,762
Other Models: 12,364Production:
Model 3/Y: 442,936
Other Models: 8,822 https://t.co/TTHwQAsKt8 pic.twitter.com/7qI4Zj6FE5— TESLARATI (@Teslarati) July 2, 2026
The quarter is a pleasant surprise and a good rebound from Q1, when Tesla slightly missed the Wall Street consensus of 365,645 cars by reporting 358,023 deliveries for the first three motnhs of the year.
Energy storage deployments also provided some strength in Tesla’s delivery report, hitting 13.5 GWh for Q2. This is a particular division of Tesla’s business that has been overwhelmingly robust over the past few years, truly being a strong point of the company’s overall model.
For the year, Tesla analysts still predict deliveries to trend in the 1.69 million unit region, a modest 3 to 5 percent increase from the 1.64 million cars the company delivered last year. Tesla will likely return to more sequential and noticeable year-over-year growth as the Cybercab project starts to ramp up considerably in the next few years.
Tesla has some other potential catalysts to spur vehicle deliveries, too. Not only is it expecting Cybercab to truly start making a change in the next few years, but other vehicles could be entering the company’s lineup.
Tesla sends production Cybercab with no steering wheel, pedals to on-road testing
The slightly longer Model Y L has been a highly speculated release candidate in the U.S. It has already done incredibly well in China, and U.S. buyers have been wanting slightly more interior space than the Model Y. Now that the Model X is gone, it is more needed than ever.
Q2 highlights a pretty stable automotive division within Tesla, and no true concerns arise from these figures, especially considering it managed to beat expectations convincingly.
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.
Tesla annihilates Wall Street expectations with strong Q2 delivery showing
Tesla Optimus project fires up as Musk sees production line progress
