News
Second SpaceX Block 5 rocket spied in Texas, solidifying May 4 debut
Following reports from SpaceX’s Hans Koenigsmann that the company’s newest Falcon 9 Block 5 soared through its first hot-fire testing faster than any of the rocket’s previous upgrades, the second Block 5 booster has been spotted vertical, prepping for its own round of static-fire testing in McGregor, Texas.
After a thorough period of tests for the first Block 5 booster B1046, spotted partway through by NASASpaceflight’s forum member Gary Blair (ScaryDare), the presence of what can only be B1047 backs up Hans’ comments beyond a shadow of doubt. B1046 is now understood to be awaiting its inaugural on-pad static fire and launch at SpaceX’s Pad 39A, currently scheduled for NET May 4. While not entirely clear at this point, B1047 will most likely return to California after its test campaign in Texas, supplying SpaceX’s Vandenberg AFB launch site with a highly reusable booster.
- SpaceX’s second Block 5 booster was spotted vertical at the company’s McGregor, TX testing facilities. That booster has since been shipped to Florida for a mid-July launch, with B1048 now in its place as of June 15. (Aero Photo)
- SpaceX’s second Falcon 9 Block 5 booster was spied by an aerial photographer in Texas, April 17. (Aero Photo)
- B1047 captured testing in McGregor, Texas, April 2018. (Teslarati/Aero Photo)
If flight-testing shows that Block 5 is as easily and rapidly reusable as SpaceX engineers and techs intended, it’s entirely possible that B1047 will become the de facto Falcon 9 booster for most – if not all – upcoming VAFB missions, at least until additional boosters are completed, tested, and readied for flight operations. In a sense, SpaceX could be just weeks away from orbital rocket activities that all but mirror the sort of attitudes given towards modern aircraft, where one or several aircraft services contain specific routes and airports – or orbits and launch pads, in the case of Falcon 9.
In the history of reusable launch vehicles, the Space Shuttle is the only example that ever came close to the sort of regular reflights promised by Block 5 (and apparently even Block 4). If all goes as planned, the booster that launched TESS (B1045) will complete its second mission as early as June 28, requiring refurbishment in as few as 72 days, well over twice as fast as most previous reflights. Around the program’s cadence peak in the 1980s, Space Shuttle Atlantis flew two orbital missions in 54 days, and Falcon 9 Block 4 was by no means designed for rapid or repeated reuse and refurbishment.
- The same April 2018 flight captured what appears to be a Block 5 landing leg undergoing testing at a specially-designed test stand. (Aero Photo)
- Block 5 landing legs will be capable of retracting, much more efficient than the current process of removing each leg individually once boosters are returned to land or their port. They can be expected to look very similar to Block 4 legs shown here, albeit all black.(Tom Cross)
- SpaceX engineers and technicians have begun an aggressive campaign hoping to recover and reuse fairings ASAP. (Tom Cross)
If Block 5 becomes twice as reusable as Block 4, it will effectively usher in a new era of orbital access – Falcon 9’s booster accounts for over 70% of the rocket’s entire cost, and the payload fairing (~10%) is well on its way to recovery and reuse. Before the introduction of the fully-reusable BFR spaceship and booster, CEO Elon Musk recently confirmed that SpaceX will attempt to recover Falcon 9’s second stage, the only other critical component of the rocket that is now expended outright, mission permitting.
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News
Apple is developing the missing link for Tesla to get CarPlay: report
A new report claims that Apple is in the process of developing what would be the missing link for Tesla to get CarPlay.
Apple and Tesla have been reportedly working together for some time to give Tesla owners the opportunity to utilize CarPlay within their vehicles. While many owners are more than happy with Tesla’s in-house UI, which is seamless, effective, and smooth, some still want CarPlay, which does have its advantages.
A report from 9to5Mac now states that a new CarPlay technology that was highlighted during the Worldwide Developers Conference (WWDC) would potentially be the bridge between Tesla and Apple. With the addition of a feature known as “Route Sharing,” which gives a navigation app the ability to share routing data with the vehicle, Tesla would be able to launch CarPlay in its vehicles, the report states.
CarPlay has not been a priority for Tesla because it has done extremely well with its in-house UI, but some drivers are just used to it. Additionally, it could improve Tesla’s subpar Navigation or offer improved app capabilities, especially with iMessage.
Route Sharing is an intended addition to CarPlay’s iteration in iOS 26.4, which was released in March:
The addition of CarPlay would undoubtedly be welcome, but at the same time, it seems like Tesla realizes it is not of the utmost priority. There are so many things that Tesla is working on currently within its own vehicles, especially attempting to solve self-driving.
Back in February, Bloomberg had reported that Tesla was still working on bringing CarPlay to its vehicles, but it had not due to app compatibility issues and incredibly low adoption rates of iOS 26.
This bottleneck could buy Tesla the proper amount of time to develop CarPlay for its vehicles. It would be a welcome addition, and could be brought on with either the Summer or Fall 2026 Software Updates.
Investor's Corner
Tesla deliveries get a big boost in expectations from Wall Street
Tesla deliveries got a big boost in expectations from Wall Street firm Goldman Sachs, who believes the company will report some stronger-than-expected numbers when the second quarter comes to an end in the coming weeks.
Goldman Sachs has raised its vehicle delivery forecast for Tesla (NASDAQ: TSLA) in the second quarter of 2026, signaling growing confidence in the electric vehicle leader’s near-term momentum despite mixed market signals. Analyst Mark Delaney lifted the bank’s Q2 estimate to 420,000 units from a previous 405,000, surpassing the Visible Alpha consensus estimate of 400,000.
The upward revision stems from stronger-than-expected sales data across key regions. Europe stands out with projected year-over-year growth of 85-90 percent, driven by robust demand for Tesla’s Model Y and refreshed offerings. China posted high single-digit gains, while markets like South Korea and Australia also contributed positive momentum. These gains help offset mid-teens declines in U.S. deliveries through May, where broader EV market headwinds and competition persist.
Goldman extended its optimism to the full year, increasing its 2026 delivery projection to 1.73 million vehicles from 1.72 million. Longer-term forecasts remain unchanged, with 1.88 million units expected in 2027 and 1.96 million in 2028. The bank also nudged its 2026 earnings-per-share estimate higher to $1.35 from $1.30, reflecting anticipated margin benefits from higher volumes and operational efficiencies.
Despite these positive adjustments, Goldman maintained its Neutral rating and $375 price target on Tesla shares. At current trading levels near $411, the stock sits about 8-9 percent above the target, highlighting ongoing valuation concerns even as delivery momentum builds. Tesla’s Q1 2026 deliveries totaled 358,023 units, setting a baseline for recovery expectations in the current period.
This update arrives as Tesla prepares to report official Q2 figures shortly after June 30. Investors and analysts will closely watch not only headline delivery numbers but also regional breakdowns, average selling prices, and progress on energy storage deployments and autonomous technology initiatives.
The move by Goldman Sachs underscores a broader narrative for Tesla: while legacy auto markets face softening demand and tariff uncertainties, Tesla’s global footprint and product pipeline provide resilience. Europe’s surge reflects pent-up demand and policy support for EVs, while China’s steady growth highlights Tesla’s competitive positioning against local rivals.
Tesla still has its work cut out for it, including U.S. price sensitivity and intensifying competition. Yet Goldman’s revision adds to a series of analyst notes suggesting Q2 could mark a turning point. As Tesla pushes toward higher production rates at facilities in Fremont, Shanghai, and Berlin, sustained execution will be key to validating these higher forecasts.
We have said numerous times that deliveries are becoming a less important metric in the grand scheme of things, as AI truly takes precedence in the company’s thesis.
For Tesla bulls, the Goldman note reinforces faith in underlying demand trends. For skeptics, the unchanged rating serves as a reminder that delivery beats alone may not immediately resolve valuation debates in a high-interest-rate environment. Tesla’s stock reaction will likely hinge on the official numbers and management commentary in the coming weeks.
News
SpaceX makes first acquisition post-IPO with coding leader Cursor
SpaceX has exercised its option to acquire Cursor, the innovative AI coding company, in an all-stock transaction valued at $60 billion. The deal, announced on June 16, marks a significant step in SpaceX’s expansion into advanced artificial intelligence, building on months of close collaboration between the companies.
Cursor, officially operated by Anysphere, Inc., is an AI-native code editor and coding agent designed to transform software development. Founded in 2022 by a group of MIT graduates in San Francisco, Cursor builds on the familiar foundation of Visual Studio Code but integrates powerful AI capabilities directly into the core experience.
Unlike traditional code editors or simple extensions, Cursor functions as a full “coding agent” that turns natural-language instructions into actionable code.
SpaceX has exercised the option to acquire @cursor_ai in an all-stock transaction with the goal of building the world’s most useful AI models.
For the past few months, SpaceXAI has been jointly training a model with Cursor, which will be released in Cursor and Grok Build soon.… https://t.co/X5mepgXgjJ
— SpaceX (@SpaceX) June 16, 2026
Developers interact with Cursor through features like its Composer agent, which can search entire codebases, edit multiple files, run terminal commands, debug issues, and complete complex multi-step programming tasks autonomously.
Users describe high-level goals, such as “build a scalable API endpoint with authentication,” and the AI plans, implements, tests, and refines the solution while the human oversees decisions. Additional tools include advanced autocomplete (Tab), context-aware chat, and infrastructure for handling billions of daily requests.
The platform has gained considerable traction, surpassing $3 billion in annual recurring revenue by early 2026 and earning adoption by over half of the Fortune 500 companies. Its agentic approach accelerates development dramatically, allowing engineers to focus on architecture and creativity rather than repetitive coding.
The acquisition integrates Cursor’s leading product, expert team of roughly 300 engineers, and distribution network among top software developers with SpaceX’s unparalleled computational resources. SpaceX’s Colossus supercomputer, equivalent to a million H100 GPUs, has already powered joint training of next-generation models. These models are expected to launch soon within Cursor and SpaceX’s Grok Build environment.
This combination positions SpaceX to develop the world’s most capable AI systems for coding and knowledge work. Access to Cursor’s real-world usage data from millions of professional developers provides unparalleled feedback loops for model improvement. Training on Colossus enables rapid iteration on massive datasets, potentially creating AI that outperforms current leaders in reliability, context handling, and complex reasoning.
For SpaceX, the benefits extend far beyond software tools. Rocket engineering, satellite constellation management, autonomous flight systems, and Starship development involve millions of lines of highly specialized, safety-critical code.
Cursor’s AI agents, supercharged by proprietary models trained on SpaceX’s domain expertise, could slash development timelines, reduce errors, and enable faster innovation cycles. This vertical integration of AI tooling strengthens SpaceX’s competitive edge in both aerospace and the broader AI race, complementing its xAI initiatives.
The deal reflects the exploding value of AI-native developer platforms. By owning Cursor outright, SpaceX secures a strategic talent pool and product pipeline that will accelerate internal projects while potentially offering enhanced tools to the wider engineering community. As AI continues reshaping software creation, this acquisition underscores SpaceX’s commitment to leveraging cutting-edge technology for ambitious goals, from Mars colonization to global connectivity.





