News
SpaceX’s second Falcon 9 Block 5 booster reuse closes in as rocket refurb continues
Scheduled on October 7th, SpaceX is roughly three weeks out from the next routine launch of Falcon 9, set to carry the ~2800 kg (6200 lb) Argentinian satellite SAOCOM-1A into a low polar orbit from the company’s Vandenberg Air Force Base launch facilities.
Cocooned inside Falcon 9’s payload fairing during the final days of August, the Earth observation satellite’s launch will mark a number of exciting milestones for SpaceX, including the second reuse of a Block 5 booster and the debut of a California-based rocket landing zone barely 400m (1400ft) from the launch pad.
Última foto del satélite argentino SAOCOM 1A en Tierra! Los equipos de la CONAE, VENG, @invapargentina y @CNEAok finalizaron la integración y encapsulado del SAOCOM 1A en la cofia del lanzador Falcon 9 de @SpaceX. El satélite está listo! Comienzan preparativos de lanzamiento! pic.twitter.com/pwwj0NYIwE
— CONAE (@CONAE_Oficial) September 14, 2018
Previously tasked with launching Iridium’s 7th group of 10 NEXT satellites on July 25th, Falcon 9 B1048 has been assigned as SAOCOM 1A’s ride to orbit, originally expected to refly as early as September 5th and September 28th. Despite the delays, it still appears that B1048 will easily snag the SpaceX record for second fastest booster turnaround – 74 days compared to Block 5 booster B1045’s 71 days gap between launching NASA’s TESS and CRS-15 missions.

According to a number of comments from satellite engineers involved in the launch, most of the month-long slip rested on rocket availability, meaning that SpaceX was having some sort of difficulty with Falcon 9 components. Given photos and official comments showing that SAOCOM-1A was encapsulated in its payload fairing more than 5 weeks before launch (August 30th) and that Falcon 9 Block 5 is a fairly new launch vehicle, especially in a flight-proven configuration, the most logical explanation is that SpaceX is simply being extra cautious and thorough with B1048’s post-flight analysis and refurbishment.
It’s entirely possible that SpaceX engineers and technicians could have managed a ~40-day turnaround to make the original September 5 launch date, but it’s equally likely that some off-nominal characteristics were noted while the booster was being prepped for transport after craning off of drone ship Just Read The Instructions. In fact, B1048’s recovery operations were exceptionally lengthy and in-depth, including an extraordinary few hours during which technicians removed the booster’s Merlin 1D access panels, baring wholly-uncovered rocket engines in full view of a public area. Nothing equivalent has ever been observed over the course of more than a dozen Falcon booster recoveries, perhaps indicating some unique circumstances in the case of B1048.
- After launching in April 2018, B1045 landed on OCISLY and is being refurbished for a second launch in just 5 days, on June 29. (Tom Cross)
- An excellent look at Block 5 booster B1048’s aft, showing off two of four launch clamp attachment points. (Pauline Acalin)
- SpaceX technicians reinstall Falcon 9 B1048’s Merlin bay covers after examining the interior for several hours. (Pauline Acalin)
- SpaceX’s West Coast landing zone is preparing for its debut, currently NET October 6th 2018. (Pauline Acalin/Teslarati)
The most obvious explanation is that those publicly-visible inspections were used to judge whether the flight-proven booster could return directly to SpaceX’s Vandenberg launch pad or needed to make a stop at the company’s dedicated Hawthorne factory and refurbishment facilities. Judging from the month-long slip that transpired, it’s probable that the latter option was selected. Regardless, caution is key when a customer’s payload is on the line.
Once it makes its way to the launch pad for the second time, B1048 will have the opportunity to both become the first Block 5 booster to land on land and the first rocket ever to land at SpaceX’s West Coast Landing Zone (LZ), under construction/development for the last two or so years. Just like its Floridan twins, the California LZ will only be an option for particularly lightweight payloads and lower-energy launch profiles, of which SAOCOM 1A (and 1B) certainly fit the bill.
For prompt updates, on-the-ground perspectives, and unique glimpses of SpaceX’s rocket recovery fleet check out our brand new LaunchPad and LandingZone newsletters!
Elon Musk
The Boring Company’s newest tunnel vehicle runs on Tesla parts and no one is driving it
The Boring Company’s new tunnel vehicle runs on Tesla Model 3 batteries and drive units.
The Boring Company just introduced a new piece of hardware, and it runs on parts pulled straight from a Tesla showroom. Liner Truck 3, unveiled in a post from the tunneling company’s official X account, is an all electric vehicle built around Tesla Model 3 battery packs and drive units, purpose built to move concrete tunnel segments to the boring machine face without a single person underground.
Introducing Liner Truck 3 — our latest fully electric tunnel vehicle.
– Tesla Model 3 battery and drive units
– Transports 22,000+ lb of concrete segments to the boring machine
– 28 miles of range
– 12 mph max operating speed
– Remotely piloted from Global OCC in Texas, with… pic.twitter.com/XB7FgSXnpy— The Boring Company (@boringcompany) August 7, 2026
The job itself is unglamorous but critical. Each precast segment run weighs more than 22,000 pounds, roughly the load of a full cement mixer, and Liner Truck 3 hauls that weight repeatedly between the surface staging area and wherever the Prufrock machine happens to be cutting.
The Boring Company said Liner Truck 3 is piloted remotely out of its Global Operations Control Center in Texas, extending the Zero-People-In-Tunnel approach the company has spent years building toward. An earlier version of a ZPIT liner truck was already tested at the company’s Bastrop, Texas research tunnels, and a factory tour released last month showed an employee flying a fully loaded liner truck with a PlayStation controller. Liner Truck 3 looks like the production version of that same idea, cleaned up and pushed into daily use.
The timing lines up with a company digging in more places than it ever has before. The Boring Company now has multiple Prufrock machines active or arriving in Nashville, where Music City Loop construction has been accelerating since February, and its Vegas Loop network keeps adding tunnel mileage on a near monthly basis. Every one of those projects depends on getting concrete segments to the cutting face fast enough to keep the boring machine from idling, which is exactly the bottleneck Liner Truck 3 is designed to remove.
It also reinforces something Tesla owners have watched happen gradually across Musk’s companies: passenger car hardware finding a second life in heavy equipment. Model 3 drive units already move people through the Vegas Loop, and now the same components are hauling concrete underground in Nashville and wherever The Boring Company digs next. Whether that kind of component reuse extends further into TBC’s equipment lineup, or into other Musk owned industrial hardware, is the next thing worth watching.
Elon Musk
Elon Musk and SpaceX shrugs off the trading day Wall Street feared most
SpaceX stock did the opposite of what most of Wall Street expected this week, when the day designed to be its most dangerous turned into a rally, and the rally kept going.
Thursday marked the first major lockup expiration since SpaceX’s June IPO, making roughly 911.5 million insider held shares eligible to trade for the first time, more than doubling the company’s public float. Analysts and short sellers had spent weeks bracing for a flood of selling, especially after the stock fell 13 percent following its first earnings report as a public company on Tuesday. Instead, shares rose 6.1 percent Thursday to close at $114.92, and by Friday they were trading near $129, up more than another 12 percent on the day.
SpaceX shorts get warned by Musk ally, echoing Tesla’s early struggles
The setup made the outcome notable. Short interest had climbed to roughly 34 percent of the float heading into earnings, among the highest of any large cap stock, with about 95 percent of available shares to borrow already on loan. CEO Elon Musk warned short sellers twice in the weeks before the lockup, writing on X that “the survival probability of firms who maintain a significant short position in SpaceX over time is very low,” then following up on the morning of earnings with “I try to warn them, but they just double down.”
When the newly unlocked shares hit the market and the selloff never showed up, some of that short position appears to have started unwinding. TipRanks reported that options activity shifted toward bullish strategies like put selling and risk reversals following the rally, with roughly $600 million in options premium trading Thursday alone. Retail buyers also stepped in during the earnings dip, according to Vanda Research.
The fundamentals behind the stock have not changed much in a week. SpaceX’s revenue nearly doubled year over year to $7.8 billion, with Starlink subscribers doubling to 12 million and the company’s AI segment growing 247 percent. What spooked investors on Tuesday was the spending side. Capital expenditures jumped to more than $18 billion for the quarter, up from $2.8 billion a year earlier, with AI investment alone rising from $749 million to $15.8 billion. Wall Street remains split on whether that spending is building infrastructure SpaceX needs or outrunning what the business can currently support, a debate Teslarati has tracked since shares first came under pressure.
None of that resolves the bigger question hanging over the stock. Thursday’s release was only the first of nine staggered lockup tranches, with roughly $800 billion worth of additional shares scheduled to become eligible through October, and Musk’s own stake stays locked until next June. If this week is any indication, the market is treating that supply as something it can absorb rather than something to fear, at least for now.
News
The Boring Company’s newest Vegas Station has a permit quietly waiting behind it
Sahara Las Vegas opened a new Vegas Loop station, joining an exclusive two resort transit club.
Sahara Las Vegas opened a new Vegas Loop station Thursday, giving The Boring Company’s underground transit system its northernmost stop yet on the Strip. The station sits at Sahara’s Paradise Road entrance, on the southeast corner of Las Vegas Boulevard and Sahara Avenue, and connects riders to the Las Vegas Convention Center, other Strip resorts on the network and, eventually, Harry Reid International Airport.
The addition makes Sahara the second resort, after Fontainebleau opened its own station in January, to get a stop built at street level rather than tucked into the property itself. Sahara now joins Westgate as the only two Strip resorts offering both a Vegas Loop station and a stop on the Las Vegas Monorail, giving guests two separate ways to get around without leaving the property.
The Boring Company just doubled its tunneling power in Nashville
The bigger news buried in Thursday’s announcement is what comes next. Boring Company has already secured its first permit to tunnel north of Sahara Avenue, extending the network beyond where it currently ends, even though permits to push the Loop toward downtown Las Vegas still haven’t been granted. Crews are also working on a two mile dual tunnel line running from Westgate to a planned station at 4744 Paradise Road, just north of Tropicana Avenue, that Las Vegas Convention and Visitors Authority CEO Steve Hill has said the company hopes to open in time for November’s Las Vegas Grand Prix.
Ridership has grown alongside the buildout. The Loop moved roughly 82,000 passengers during CONEXPO in early March, a total the company highlighted on its own X account at the time, and the system has now carried more than 4 million passengers through 11 open stations since it began running in 2021. The airport connector tunnels, meant to give the Loop a direct link to Harry Reid, have slipped past their original first quarter target and remain under construction, with Boring Company director Mike Baier saying that a full opening is still a few months out.
For Sahara, the calculation is straightforward. Convention traffic drives a large share of Loop ridership, and a station at the property’s front door gives conventiongoers one more reason to book rooms on the Strip’s north end instead of closer to the convention center itself.




