News
SpaceX ships another huge propellant tank to South Texas BFR test site
Captured by NASASpaceflight.com forum user “bocachicagal”, the second of several massive liquid methane tanks has arrived at SpaceX’s prospective Boca Chica, Texas facilities, to be dedicated to integrated testing of BFR’s spaceship/upper stage.
If there was any doubt beforehand, the arrival of a second ~100,000 gallon vacuum-insulated tank all but guarantees that SpaceX is planning a major campaign of BFR spaceship testing in South Texas – with as much as 200,000 gallons of storage capacity in those two tanks alone, SpaceX could easily top off two Falcon 9’s with liquid oxygen and still have more than 100 tons left over.
Per NASASpaceflight.com’s forums, it appears that this newest tank arrived at the site sometime yesterday or the day before. Thanks to the fundamental properties of BFR’s planned liquid methane and oxygen fuel and oxidizer, aspects of basic ground support infrastructure may actually be a significant improvement over Falcon 9’s refined kerosene (RP-1) and liquid oxygen, and dramatically superior (at least in a logistical and practical sense) to hydrogen/oxygen, a popular choice for many rockets.
In terms of volume and density, oxygen is about 2.5x denser than methane but optimally combusts at a ratio of roughly 3.5 parts oxygen to 1 part methane (3.5:1), with SpaceX likely to operate the Raptor engine closer to 3.8:1. This means that – despite their major density differences – BFR’s oxygen and methane tanks will ultimately end up very similarly sized to hold ~230t of liquid methane and ~860t of liquid oxygen (2017 BFR numbers).
Testing giant rockets: it’s not easy
As it relates to SpaceX’s South Texas propellant infrastructure, this likely means that a minimum of four large vacuum-insulated tanks will be needed to fully fuel a BFR spaceship (BFS), two for oxygen (~800t) and two for methane (~300t). Depending on how SpaceX has structured its BFR infrastructure acquisitions, the two large tanks now present in Boca Chica could be more than enough to support a wide range of spaceship hop tests. A full load of fuel is almost certainly unnecessary – if not outright implausible – for BFS hop testing: with a full load of ~1100t of fuel and the spaceship’s total mass around ~1250t, all seven planned Raptor engines would need to be installed and operating near full thrust (~1400t, 14,000 kN) to lift the ship off the ground.
-
- F9R seen just before liftoff for a 2014 hop test at SpaceX’s McGregor, TX test facilities. BFR’s first test pad might (or might not) look quite similar. (SpaceX)
-
- An updated spaceship lands on Mars. (SpaceX)
For context, Falcon 9’s first stage produces a maximum thrust of roughly 7,600 kN at liftoff, while Falcon Heavy triples that figure to ~22,800 kN. The spaceship/upper stage of BFR alone thus produces nearly two times as much thrust as an entire Falcon 9 at full throttle and as much as fourteen times as much thrust as Falcon 9 and Heavy’s upper stage, statistics that properly illustrate just how extraordinarily powerful BFR is when compared with the rockets SpaceX currently operates. BFR’s booster (BFB) is even wilder, featuring ~3.5 times as many Raptors and thus ~3.5 times as much thrust as the spaceship/upper stage.
As a result of the sheer power of just the spaceship alone, SpaceX may have to move directly to a style of launch pad closer to that used by Falcon 9 and Heavy rather than the spartan concrete slab used for Falcon 9’s Grasshopper testing. In this case, the rocket would be mounted some distance from the ground to minimize acoustic loads on the vehicle’s after and would likely include a water deluge system to further deaden thermal and acoustic energy while also minimizing damage to the concrete and metal structures that launch and landing pads are built out of.
-
- Prior to liftoff, Falcon 9 and Falcon Heavy are held down by massive “hold-down clamps” at the rocket’s base. Even after engine ignition, those clamps only release once the flight computer decides that the rocket is healthy. (Pauline Acalin)
-
- Falcon 9 B1049 lifts off from SpaceX’s LC-40 pad on September 10, producing more than 1.7 million pounds of thrust.(Tom Cross)
-
- A September 2018 render of Starship (then BFS) shows one of the vehicle’s two hinged wings/fins/legs. (SpaceX)
-
- BFR’s booster is at least three times more powerful still than BFS at liftoff. (SpaceX)
Above all else, the presence of not one but two huge ~100,000-gallon vacuum-insulated tanks at SpaceX’s Boca Chica facilities all but guarantees that the company intends to situate a serious campaign of BFR tests there, likely including the integrated spaceship hop tests both Elon Musk and Gwynne Shotwell have explicitly mentioned in recent months. Put simply, SpaceX has no other reason to be bringing massive cryogenic propellant tanks to South Texas – the company has plenty of space at any one of its three large launch complexes (not to mention McGregor) if it wanted to store those tanks elsewhere, and those three facilities already have operational propellant storage and loading infrastructure for Falcon 9 and Heavy launches.
If more massive tanks continue to arrive or if it becomes clear that the two similar tanks present or solely meant for LOX or methane, the scale of SpaceX’s intentions in South Texas will become increasingly clearer.
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!
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’
