News
SpaceX preparing for an inaugural Falcon Heavy launch in November
All three Falcon Heavy cores are believed to be at Cape Canaveral
As we inch closer to SpaceX returning to a regular launch schedule, evidence is adding up that Falcon Heavy is fast approaching launch readiness.
Over at SpaceX’s Cape Canaveral facilities, workers are busily modifying LC-39A and are deep into the reconstruction and reactivation of LC-40, which was severely damaged just over 11 months ago. Members of the SpaceX fan community have taken regular tours of the Kennedy Space Center and offered glimpses into part of the process as workers relentlessly dismantle previous LC-39A pad structures.
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- During a month without launches, SpaceX has made considerable progress dismantling parts of LC-39A. The main focus right now is the RSS, which is the skeletal structure on the left. (Brian Bundridge/Facebook)
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- One of Falcon Heavy’s side boosters seen arriving at LC-39A about a month ago. (Reddit /u/MajorRocketScience)
Before SpaceX, the pad hosted the first manned launches of the vast Saturn V rocket and hosted the launch of Apollo 11, which landed the first humans on the Moon in 1969. Decades later, that same pad was recycled for the Space Shuttle and supported dozens of Shuttle launches. SpaceX is deep into the process of dismantling the old pad structures used for the Shuttle, and Elon Musk has recently reported that the Rolling Service Structure (RSS) is expected to be entirely removed before the first launch of Falcon Heavy. While bittersweet for many observers, LC-39A will eventually host both the return of massive rockets to the U.S., as well as the first American-supported launch of crew to the ISS in more than six years.
With this progress, we find ourselves in the pleasantly foreign situation of SpaceX beating one of Musk’s aggressive schedules. In early June, he tweeted about Falcon Heavy cores arriving at the Cape within two or three months. Surprisingly, it has been confirmed that three of three Falcon Heavy cores are already at LC-39A and have been for at least a week or two. At the moment, pad readiness is the main constraint for its inaugural launch. SpaceX is preparing for a period of pad gymnastics as they ready LC-40 to take over for LC-39A. Once this happens, all Falcon 9 launches will be transferred over to LC-40, and this will allow SpaceX workers to conduct necessary modifications to LC-39A’s launch hardware in preparation for Falcon Heavy. These modifications are expected to take about two months.
All Falcon Heavy cores should be at the Cape in two to three months, so launch should happen a month after that
— Elon Musk (@elonmusk) June 8, 2017
Current best guesses peg the first launch from LC-40 in late August or sometime in September, fitting nicely with Musk’s Falcon Heavy launch estimate of November. Falcon Heavy will nevertheless likely require several weeks of fit checks, wet dress rehearsals (like a static fire but without the ignition), and one or several static fires before its first official launch attempt. While Musk has recently been on a warpath of expectation management for Falcon Heavy, going so far as to imply that a failure was a likely outcome, let there be no doubt that SpaceX and Musk will privately do everything realistically possible to ensure a safe launch. If major issues are discovered during pre-launch testing, SpaceX will almost certainly scrub the launch indefinitely.
However, if Falcon Heavy does indeed lift off above a more controlled fireball later this year, fans can look forward to what will be a stunning show of force. Musk once again confirmed that both side cores will land at LZ-1, SpaceX’s land-based landing facilities, and the center core will land on Of Course I Still Live You somewhere in the Pacific. While not guaranteed, Musk’s myriad comments on the spectacular nature of the launch mean that SpaceX’s live coverage will offer some truly incredibly views. Fans have long eagerly anticipated the synchronized landings of the side cores, as well as possible live shots of booster separation during the launch.
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- NASASpaceflight’s famed graphic designer okan170 has produced multiple gorgeous renders of Falcon Heavy over the years. (NASASpaceflight)
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- NASASpaceflight’s famed graphic designer okan170 has produced multiple gorgeous renders of Falcon Heavy over the years. (NASASpaceflight)
At the ISSR&D Conference, Musk reiterated the fact that SpaceX’s primary focus is preparation for Commercial Crew. LC-39A is needed for SpaceX’s crewed launches, so it is highly unlikely that the company will risk a Falcon Heavy launch if there is anything more than the slimmest of chances of the pad being lost in a launch failure. Regardless of the outcome, as Musk himself has often said, Falcon Heavy’s inaugural launch is guaranteed to be a spectacle.
Tesla (NASDAQ: TSLA) reported its earnings for the third quarter of 2026, marking a reasonable performance on the various financial metrics. Tesla still plans to hold a call that will field investor questions at 5:30 p.m. ET, 4:30 p.m. CT.
Here’s where Earnings came in:
- Total Revenues: $28.046 reported vs. $28.34B expected
- Non-GAAP EPS: $0.48 reported vs. $0.45 expected
- Operating Margin: 2.6 % reported vs. 2.5% expected
- Operating Income: $718M reported vs. $721M expected
- Free Cash Flow: $1.531B reported vs. ~-$4.51B expected
Tesla $TSLA Earnings Results:
Revenues: $28.046B
Non-GAAP EPS: $0.48
Operating Margin: 2.6%
Operating Income: $718M
FCF: $1.531B— TESLARATI (@Teslarati) October 21, 2026
Major Takeaways
Full Self-Driving (Supervised)
“FSD (Supervised)⁴ attach rate continued to grow, reaching over 75% of new vehicle deliveries in North America – our most mature market – a nearly twenty percentage point sequential increase. We believe that FSD is driving demand in markets where it is available, and we continue to work with regulators to get it approved in other markets.”
Tesla Semi
“We began volume production of Tesla Semi, our Class 8 heavy-duty truck. The top variant can go 500 miles at full 82,000 lbs gross combination weight while achieving an efficiency of 1.7 kWh/mile. That efficiency allows the Tesla Semi to use a third of the energy used by a comparable diesel truck to haul the same payload. In a transportation market where energy is one of the largest components of total cost per mile, this will provide a meaningful advantage to Tesla Semi operators.”
SI Compute
“We plan to reach 400 MW of SI training compute by the end of the year, supporting the development of both vehicle and humanoid robot autonomy software. Additionally, we continued construction for the Austin Fab, where we plan to start commissioning equipment in 2027.”
Robotaxi
“We began deployment of Cybercab into our Robotaxi fleet in Austin. We reached nearly two million cumulative unsupervised miles for our Robotaxi service as of the end of the quarter. Operating hours in Austin are now 6am to midnight, and we expect to reduce wait times via increased fleet supply and improvement of Robotaxi orchestration algorithms. Grok is available in Cybercab with access to Grok Bot and Connectors, which allows users to manage their inbox, calendars, files, chats and tasks – all hands free via voice command – making Cybercab a mode of transport, a productivity space and, with our entertainment options, a second living room.”
Interested in ordering a Tesla? Use my referral code for three free months of Full Self-Driving (Supervised) here.
Tesla (NASDAQ: TSLA) reports its earnings for Q3 today. Here’s what to expect, as the company will reveal its balance sheet after the market closes on Wednesday.
Tesla already reported deliveries just after Q3 ended, and it demolished Wall Street consensus estimates of roughly 462,000 vehicles. Tesla delivered 486,532 cars in the third quarter, which was a big beat, but was down 2.1 percent from the same quarter last year. Energy storage deployments were 13.7 GWh, up year-over-year.
Tesla showrooms picked clean ahead of Q3 end as demand looks strong
For the quarter, analysts have already compiled their predictions for what Tesla will report this afternoon:
- Total Revenues: $28.34B
- Non-GAAP EPS: $0.43
- Operating Margin: 2.5%
- Operating Income: $721M
- Free Cash Flow: ~-$4.51B
Here are a few things we are looking forward to hearing about on the call:
Automotive Gross Margin and Overall Profitability
This was 16.3 percent in Q2, down from 19.2 percent in Q1, and was impacted by warranty charges and some fading regulatory credits. Consensus implies overall gross margin near 18 percent, but a miss here would potentially reinforce concerns about pricing pressure on its vehicles.
Pay attention to energy storage margins as well, especially since Tesla missed GWh expectations, although it was still a strong quarter.
Robotaxi/Cybercab, Unsupervised FSD, and Optimus Progress
The Say questions from retail investors usually focus on these types of projects, and this quarter is no different. Scaling the Cybercab fleet beyond Austin amid the open NHTSA safety review, timeline for Unsupervised FSD in customer cars, Robotaxi unit economics, and Optimus cost per unit plus when it could start generating revenue, are all things to be looking for.
Any concrete timelines or regulatory path details will likely move the stock more than the near-term numbers. SpaceX merger speculation, which was detailed during SpaceX’s earnings call last night, may also surface, although the key details were shared last night.
Elon Musk just confirmed the Tesla and SpaceX merger step everyone was waiting for
Say Investor Questions
- How does the Cybercab fleet scale past Austin, and what’s the regulatory path outside Texas given NHTSA’s open safety review?
- When can we anticipate FSD unsupervised in customer cars?
- When will the CyberCab be available for customer purchase/ownership?
- What’s the unit economics per paid robotaxi mile, and how does it compare to the thirty-cent target?
- Tesla has acknowledged that HW3 vehicles cannot support unsupervised FSD. When will owners know whether they can upgrade their hardware for free, and when will Tesla provide a clear plan?
The full Earnings Call will be streamed this evening after market close around 5 p.m. this evening.
SpaceX confirmed the date of Starship’s 15th launch window with some massive ambitions for the mission, as it will attempt to catch Ship for the first time.
CEO Elon Musk confirmed during SpaceX’s Earnings Call last night on October 20 that it would launch Starship for its 15th test flight in November, and there are some incredible things the company wants to try, making it perhaps the most groundbreaking launch in the program’s history.
SpaceX delivers blockbuster Q3 results as Super Intelligence segment booms
The most major development of the call was SpaceX’s intention to catch Ship alongside catching the Super Heavy Booster, something that has happened in the past. SpaceX showed an animation of the Ship catch, which will be done on the launch tower’s chopsticks:
SpaceX has released a new Starship tower catch animation for the upcoming Flight 15! https://t.co/kStn01Da8u
— Truthful🛰️ (@Truthful_ast) October 20, 2026
This monumental goal is to catch both the Ship and Booster in a dual-catch scenario, an incredible feat since SpaceX has never been able to reuse a Ship after launch. Musk said it would be “the first time that an orbital launch vehicle has been fully recovered,” and said it would be a “profound technology milestone.”
Musk said the odds of success on this first Ship catch attempt are “more likely than not,” but SpaceX is ultimately prepared for more tries moving forward. The SpaceX frontman said that, starting next year, Starship would have a “steady stream” of flights through the end of the year.
The cadence will accelerate in 2027, with Musk stating the company plans to target weekly flights in the first half of 2027 and twice-weekly by year-end.
The Flight 15 attempt follows that of Flight 14, which took off in late September and was Starship’s first orbital mission. It deployed 26 Starlink V3 satellites, accomplished a controlled ocean splashdown of both stages, and shed more light on potential challenges for the program moving forward.
As of now, the Starship program is firing on all cylinders.
Interested in ordering a Tesla? Use my referral code for three free months of Full Self-Driving (Supervised) here.
Tesla Q3 2026 Earnings results: in-line revenues, slight beat on EPS
Tesla reports Q3 Earnings today: here’s what to expect
