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SpaceX breaks pad turnaround record with two Falcon 9 launches in six days
SpaceX has completed its 43rd launch of 2022 and 62nd dedicated Starlink launch overall, breaking a launch pad turnaround record in the process.
That pad – Cape Canaveral Space Force Station (CCSFS) Launch Complex 40 (LC-40) – is the single most important cog in SpaceX’s Falcon 9 launch machine, significantly increasing the significance of what might otherwise be ‘just’ another broken record for a company that is famous for never settling.
Following several delays linked to another weather-plagued Starlink launch (4-34) that flew out of the same pad, a Falcon 9 rocket lifted off from LC-40 on SpaceX’s Starlink 4-35 mission at 7:32 pm EDT (23:32 UTC), Saturday, September 24th. As usual, the mission used a flight-proven Falcon 9 booster (B1073), two flight-proven payload fairing halves, and an expendable second stage. As usual, all four components performed flawlessly, and a new batch of 52 Starlink V1.5 satellites was deployed about 15 minutes after liftoff.
Just the latest of dozens completed since May 2019, SpaceX’s Starlink missions have become extraordinarily routine – a testament to the company’s relentless pursuit of perfection, given just how difficult it is to successfully launch a rocket once. 62 dedicated Starlink launches later, Falcon 9 has successfully delivered every single Starlink satellite it has ever carried (almost 3400 spacecraft) into the proper orbit, losing only two boosters in the process.
But even though the missions have become routine, SpaceX has spent every waking second optimizing its rockets and operations to squeeze more performance and more cadence out of each part. The results can only be described as a resounding success. In 2018 and 2019, SpaceX launched an average of 17 Falcon rockets per year. SpaceX’s annual cadence grew to 26 launches in 2020 and 31 in 2021.
That progress pales next to the cadence SpaceX is on track to achieve in 2022. In less than nine months, the company has completed 43 Falcon 9 launches. Before the end of July, barely six months into the year, SpaceX had beaten its annual record of 31 launches. If it can maintain the same average pace it’s sustained over the last 12 months, SpaceX could realistically complete 58 Falcon launches in 2022. If it continues the even more impressive pace it’s achieved in Q3 (~17 launches), it could manage 60+ launches this year.
Only one other rocket family in history (the Soviet R-7) has successfully completed more launches in a calendar year.
SpaceX, of course, has no plans to accept the potentially record-breaking launch cadence it’s achieved as a new status quo. Just two-thirds of the way through 2022, CEO Elon Musk revealed that SpaceX is targeting up to 100 launches in 2023. As previously reported on Teslarati, while that figure seems implausible at first glance, it was still within the realm of possibility given SpaceX’s already established capabilities.
Just a few weeks later, Musk’s 100-launch target has gone from barely within reach to a serious – if still unlikely – possibility thanks to the record SpaceX broke with Starlink 4-35. SpaceX’s latest Starlink mission lifted off from LC-40 just 5.97 days after Starlink 4-34 launched from the same pad, smashing its old turnaround record (7.67 days) by almost 25%.
For LC-40, already SpaceX’s workhorse pad and the source of the company’s fastest pad turnaround, the new record means, in theory, that one of its three pads can now singlehandedly support up to 60 Falcon 9 launches per year. Assuming that any launch pad can or will sustainably operate close to its record turnaround time for an entire year would be unwise. But, at minimum, the new record gives SpaceX new margins that it can use to significantly increase LC-40’s annual cadence in a more sustainable way. In 2022, LC-40 has averaged 12.7 days per launch. In Q3, it’s on track to average about 10.3 days per launch.
Most importantly, there’s evidence that SpaceX didn’t simply manage a heroic one-time feat with Starlink 4-35. Confirmed by Next Spaceflight, Ben Cooper, and airspace restriction filings, SpaceX has tentative plans to launch Starlink 4-36 from LC-40 as early as 6:36 pm EDT on Friday, September 30th – a turnaround slightly faster than the new record. Another Falcon 9 launch out of LC-40 – EchoStar’s Galaxy 33/34 mission – could follow Starlink 4-36 as early as October 5th, although that mission is more likely to slip a day or two.
There’s a big risk that Storm/Hurricane Ian will create unacceptable weather conditions, forcing SpaceX to delay the launch, but for now, there’s still a chance.
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’
