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SpaceX rocket booster heads west for first California launch in more than a year
For the first time in more than 16 months, a SpaceX Falcon 9 rocket booster has been spotted heading west towards the company’s California pad, a sure sign that the next West Coast launch is just over the horizon.
First spotted in West Texas on August 20th, the Falcon 9 booster – wrapped in a class black plastic cocoon – was captured a second time three days later between Arizona and California. The rocket wrapped up the ~2600 kilometer (~1600 mi) journey from SpaceX’s McGregor, Texas development and test facilities early on August 24th, arriving at the company’s Vandenberg Air Force Base (VAFB) Space Launch Complex 4 (SLC-4) facilities.
At least according to publicly-available launch manifests, the unknown Falcon 9 booster will be spending a fair bit of time in SpaceX’s SLC-4E hangar before its first Californian launch. Still, considering that many misinterpreted a year-old regulatory document as confirmation of SpaceX’s permanent withdrawal from VAFB just earlier this month, a surprise booster arrival is an encouraging sign.
As of now, SpaceX has two or three possible West Coast missions scheduled in the last few months of 2020, but there’s a strong chance that they’ll suffer delays as they near their tentative launch dates. Up first is the joint NASA-ESA Sentinel 6A (Sentinel 6 Michael Freilich, Jason-CS A) ocean topography satellite, one of two new spacecraft meant to continue work done by the Jason-3 spacecraft (launched by SpaceX in 2016). According to a joint review completed on June 25th and referenced in an official document (PDF), SpaceX and NASA are working towards the first Sentinel 6A launch attempt no earlier than (NET) November 10th, 2020.
NASA awarded SpaceX the $97 million launch contract in 2017, all but guaranteeing that Sentinel 6A will fly on a brand new Falcon 9 booster. The fact that the booster spotted in transport over the last week was never seen East of Texas strongly implies that it’s a new Falcon 9 SpaceX tested in McGregor before shipping back to California, in which case Sentinel 6A is almost certainly SpaceX’s next VAFB launch.
In the likely event that the booster that arrived at VAFB on August 24th is unflown, it’s probably Falcon 9 B1063. Germany’s SARah-1 radar imaging satellite is possibly the only other West Coast launch on SpaceX’s manifest that could warrant sending a new booster to California, but recent signs point towards that ~2200 kg (4850 lb) spacecraft launching in Q1 2021 (a delay from Q4 2020) as part of a dedicated SpaceX rideshare mission.
Less likely, SARah-1 could have been manifested on SpaceX’s first dedicated rideshare mission, scheduled to launch in December 2020. Either way, as fairly complex and expensive one-off science spacecraft, both SARah-1 and Sentinel 6A are liable to slip right from their current launch targets, meaning that Falcon 9 B1063 will likely spend at least 2-3 months in storage between now and the start of its first launch flow.
Regardless of the payload or the first stage launching it, SpaceX shipped its former West Coast drone ship landing platform to Florida more than a year ago. Any Falcon 9 booster launching from California will thus have to be expended or land back on land at LZ-4.
While SpaceX and its mystery Falcon 9 booster wait for their next West Coast launch, the company will likely take advantage of the opportunity to familiarize an almost entirely new team of pad and launch engineers and technicians. After its June 2019 Radarsat Constellation Mission launch, SpaceX effectively mothballed its Vandenberg pad and either laid off or transferred the vast majority of employees specific to SLC-4. SpaceX began hiring to rebuild that team in early 2020.
Thanks to a major multi-launch US military contract SpaceX won just a few weeks ago, the company’s Vandenberg facilities are all but guaranteed to remain active – even if only intermittently so – for most of the 2020s.
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SpaceX COO Gwynne Shotwell outlined ambitious plans for Starlink Mobile during the company’s August 4 Earnings call, signaling a direct challenge to U.S. wireless giants like AT&T, T-Mobile, and Verizon.
Shotwell noted that the three companies generate roughly $600 billion in combined annual revenue. “I anticipate us to be able to acquire quite a few of their customers because I think our service will be better,” she said. “We will eliminate dead zones leveraging the satellites in orbit. It will be better during any natural disaster… I’m quite excited about Starlink Mobile.”
SpaceX President & COO Gwynne Shotwell on @Starlink Mobile and its impact on Verizon, AT&T and T-Mobile:
“Roughly, between them, $600 billion a year. I anticipate us to be able to acquire quite a few of their customers. Our service will be better. We will eliminate dead zones… pic.twitter.com/UYZUkrGc0L
— Sawyer Merritt (@SawyerMerritt) August 4, 2026
SpaceX intends to combine its satellite constellation with terrestrial infrastructure. The company has acquired about 65 MHz of spectrum from EchoStar and plans to deploy next-generation Starlink Mobile satellites in 2027, with upgraded service targeted for the end of that year.
Shotwell described the enhanced network, leveraging more satellites and spectrum, as potentially “100 times better” than the current direct-to-cell offering, which already supports basic texting and app-based voice/video in coverage gaps through partnerships. She also indicated plans for low-cost cellular base stations that could integrate with existing Starlink dishes, creating a hybrid system for broader capacity in urban, suburban, and rural areas.
For the general public, Starlink Mobile promises significant advantages. Satellite connectivity can fill gaps where traditional cell towers fail, delivering service in remote locations, mountains, or during outages caused by storms, wildfires, or infrastructure damage—conditions in which ground networks often collapse.
Users could enjoy more consistent coverage without relying solely on dense tower builds, potentially at competitive prices as SpaceX scales. The hybrid approach aims to support full mobile services, including higher-speed data, while working with unmodified smartphones over time.
These developments revive long-standing but unfounded rumors of a Musk-developed “Tesla phone.” Speculative claims of a “Pi Phone” or similar device with built-in Starlink connectivity have circulated for years on social media, often featuring fabricated images and details. Elon Musk has repeatedly denied any such plans, stating Tesla has no intention of entering the smartphone market unless forced by extreme circumstances with app stores.
No official product, filings, or development announcements have ever materialized; the rumors remain hoaxes.
The announcement quickly pressured telecom stocks. Shares of AT&T, Verizon, and T-Mobile fell between roughly 2 and 4 percent in after-hours and premarket trading as investors weighed the competitive threat from a hybrid satellite-terrestrial network.
While execution challenges remain—spectrum deployment, infrastructure rollout, and regulatory hurdles—Shotwell’s remarks mark SpaceX’s clearest signal yet of entering the consumer mobile market as a full competitor.
Venture capitalist Chamath Palihapitiya has cautioned investors shorting SpaceX shares, drawing a direct parallel to the intense short-selling pressure Tesla faced in its early public years.
Responding to reports of elevated short interest in the newly public rocket, satellite, and AI company, Palihapitiya noted that similar dynamics played out with Tesla, where aggressive short sellers ultimately “went broke.”
SpaceX (NASDAQ: SPCX) went public on June 12, 2026, in the largest IPO on record, pricing at $135 per share. Shares quickly surged to an all-time high of $225.64 just days later, briefly implying a valuation exceeding $2 trillion. The stock has since retreated sharply amid valuation concerns, lockup expiration fears, and broader market dynamics.
By early August, it traded near $108–$125, representing a roughly 50 percent decline from the peak and bringing the market capitalization closer to the $1.5–1.7 trillion range. On August 4, shares closed up more than 9 percent at $125.33 ahead of earnings before facing pressure in after-hours and premarket trading.
Short interest has climbed dramatically. According to S3 Partners data widely cited in market reports, short positions reached approximately 219.3 million shares by late July, about 34 percent of the limited public float of roughly 640 million shares, and represented a notional value of around $24.6 billion.
Utilization of shares available to borrow hit 95 percent, with borrow fees rising. This level of shorting exceeded the dollar value of short bets against Tesla at the time and built rapidly ahead of two catalysts: the company’s first post-IPO earnings and an August 6 lockup expiration that could free up to 911.5 million additional shares.
CEO Elon Musk has issued warnings of his own. In mid-July, as short interest approached one-third of the float, he posted that “the survival probability of firms who maintain a significant short position in SpaceX over time is very low,” reiterating his view that the company could ultimately be worth more than Earth if it achieves its goals.
On August 4, just before earnings, Musk responded to the latest short-interest data by saying, “I try to warn them, but they just double down.”
SpaceX delivered its first quarterly results as a public company after the close on August 4. Second-quarter revenue rose 92 percent year-over-year to $7.8 billion, beating consensus estimates near $6.8–6.9 billion.
The net loss narrowed to $541 million, or 9 cents per share, better than the roughly 23–24 cent loss expected. Starlink/connectivity contributed about $4.3 billion (up 66 percent), while the AI business generated $2.6 billion (up roughly 250 percent). Capital expenditures were heavy at $18.4 billion, largely tied to AI infrastructure. Management projected a $100 billion annualized revenue run rate by year-end 2026 and outlined a path toward $1 trillion in annual revenue by 2030.
The combination of Chamath’s historical reminder, Musk’s repeated alerts, and the company’s ambitious growth targets underscores the high-stakes debate surrounding SPCX. Short sellers are positioned for near-term supply pressure from the lockup, while long-term bulls point to Starlink scale, Starship progress, and AI compute expansion as reasons the bears may ultimately face the same fate as many early Tesla skeptics.
Investor's Corner
SpaceX and Nvidia team up on Musk’s orbital AI bet
SpaceX revealed a new Nvidia satellite partnership, then Musk pledged an exclusive Nvidia hardware commitment.
SpaceX and Nvidia are now working together on the hardware that will power Musk’s orbital data center ambitions. SpaceX announced on X on Tuesday that it is partnering with Nvidia to design the compute payload for Starmind AI1, the first satellite in a planned constellation built to run AI workloads directly in orbit. Each Starmind satellite will carry Nvidia’s Rubin GPUs and Vera CPUs, according to the post, which included renderings of the payload design.
The announcement landed hours before SpaceX’s first earnings call as a public company, where Musk went further, saying the company has committed to building its AI infrastructure exclusively on Nvidia hardware. “We think the Vera Rubin architecture is the best architecture. We think it’s the best AI computer, and we greatly value our close cooperation and partnership on many levels with Nvidia,” Musk told investors on the call,. “So we’re exclusive to Nvidia.”
Musk said SpaceX plans to deploy Nvidia’s Vera Rubin NVL72 rackscale system, codenamed Kyber, both on the ground and in space. He set a target of 2 gigawatts of compute capacity online by the end of this year, scaling to roughly 10 gigawatts by the end of 2027.
SpaceX’s newest Starmind will make earth data centers obsolete
Starmind has been in development since Musk confirmed the name in June, following an xAI trademark filing that tipped off the project before SpaceX made it official. The idea is massive in scope and instead of moving data down to ground based servers, satellites equipped with onboard processors and large solar arrays would compute AI workloads in orbit and beam results back to Earth. SpaceX has already filed with the FCC for a constellation of up to one million satellites to support the effort, citing constant solar power and the absence of zoning restrictions as advantages over terrestrial data centers.
The Nvidia exclusivity marks a shift in tone from just two weeks ago, when Musk was busy knocking down a report that SpaceX had ordered $52 billion worth of Nvidia GPUs through Foxconn, calling it fake news at the time. The dollar figure in that rumor may have been wrong, but the underlying direction seems correct. SpaceX’s AI division already leases Colossus compute capacity to Anthropic and Google, and Tuesday’s earnings report showed AI revenue climbing sharply as those deals ramp up.
Nvidia shares rose roughly 3% in Tuesday trading on the news, while SpaceX stock climbed nearly 9% during the day before giving back gains after hours as investors digested the earnings report’s capital spending figures.
SpaceX is coming for wireless giants with Starlink Mobile
SpaceX shorts get warned by Musk ally, echoing Tesla’s early struggles
