News
SpaceX set for second weekend launch, new titanium grid fins to be tested
After a highly successful Friday launch and recovery of a reused Falcon 9, a second vehicle is preparing to launch on the opposite coast of the United States. Scheduled to lift off at precisely 1:25 p.m. PST, this mission will see a brand new Falcon 9 lift Iridium’s second set of ten NEXT satellites, after which the first stage will attempt to land in the Pacific Ocean aboard Just Read The Instructions, SpaceX’s West Coast drone ship.
If the schedule holds, the 46 hours separation between launches will make SpaceX one of very few entities to have launched the same vehicle in such close succession. While Russia/USSR and the Republic of China have tended to routinely launch missions with as few as a handful of hours in between, it is extremely rare in the United States, and such an accomplishment will likely make SpaceX the second private company to ever conduct two launches in under 48 hours.
This turnaround, which COO Gwynne Shotwell clarified could safely be as few as 24 hours, bodes extremely well for SpaceX’s and Musk’s goal of being able to launch every 24 hours. With the COO of the company already under the impression that 24 hours would be safely and reliably achievable, all that lies in the way of 24 hour cadence is pad availability. With current cadence suggesting that at least two weeks of down time is needed after a launch to verify pad health, the late-fall reactivation of Launch Complex 40 and eventual activation of SpaceX’s planned Boca Chica, Texas launch facility will give SpaceX three general-purpose pads and one limited use-case pad (Vandenberg Air Force Base) to launch from by late 2018 or early 2019. Three general purpose pads would allow SpaceX to launch every four or five days, assuming no improvements in pad resilience and autonomy, and this weekend’s back to back launches will demonstrate that SpaceX is easily capable of fully taking advantage of those three (or four) pads once they are all active.

Falcon 9’s fancy new titanium grid fins. (SpaceX/Instagram)
As for the launch today, it will debut some intriguing new hardware intended to improve the ease of reusability for the first stage. Musk offered a tweet storm last night and SpaceX one or two photos to explain the utility of the vehicles distinctive and unusual black grid fins. Ready to launch in just over an hour from Vandenberg Air Force Base, Falcon 9 and its new grid fins will place the next ten iridium NEXT satellites in Low Earth Orbit. The first stage will then proceed to the autonomous spaceport drone ship Just Read The Instructions, while testing its rather fancy titanium grid fins. Considerably larger than their aluminum predecessors, this new iteration of grid fins will is intended to both provide more control authority and glide capability in anticipation of the Falcon Heavy, while also offering improve resilience to the extreme heat and forces grid fins must necessarily cope with during reentry. You may have noted grid fins appearing to glow red and orange with the heat of reentry in past live coverage, and recovered stages demonstrate just how harsh high temperatures can be to aluminum. Titanium is famously resistant to heat and will thus optimally be able to be reused with no refurbishment or replacement whatsoever.
With the launch just over an hour out and no current known issues, you can watch SpaceX’s regularly amazing live coverage of the launch at spacex.com/webcast.
Investor's Corner
SpaceX gets an absolutely crazy price target after rough IPO
SpaceX (NASDAQ: SPCX) got an absolutely crazy price target rating from Raymond James after the company experienced a tough first few weeks following its Initial Public Offering (IPO).
Despite the tumultuous start, SpaceX has plenty of believers, and the company’s massively successful Starship launch last Friday, its 13th test flight of the massive rocket, went so smoothly that Raymond James analysts pushed its price target on the company to roughly 7 times its current trading level.
SpaceX Starship just nailed something it’s never done before
The firm officially put a “Strong Buy” rating and an $800 price target on the stock. It currently trades at around $113. Its all-time high is $225.64, reaching this trading level shortly after shares first went public.
Raymond James’ price target is tied to the firm’s confidence after Starship’s 13th test flight. Analysts at the firm said it was an incremental step that reduces engineering risks, citing the widely successful heat shield test that CEO Elon Musk recently detailed, the smooth deployment of Starlink V3 satellites, and a successful in-space engine relight.
SpaceX also managed to see Starship splash down safely in the Indian Ocean, while the Super Heavy Booster fell down to the Gulf of America with no incidents.
It is interesting to see these launches have such a tremendous impact on the stock and what investors think of it. After SpaceX initially delayed the Starship launch last week, shares fell tremendously. Most probably did not realize that the stand-down is a standard practice, especially if everything is not perfect.
The mission was initially aborted due to an issue with Raptor engines. This was resolved, and Starship launched last Friday after another delay on Thursday, which was caused by weather.
Now that analysts have seen what SpaceX launches are capable of and how impressive the feat is, firms are adjusting their price targets accordingly, making it known that they have high expectations for the space exploration company.
Elon Musk
Elon Musk responds to Volvo’s latest LiDAR decision
Tesla CEO Elon Musk has responded to reports that Volvo is officially discontinuing the LiDAR sensor on two of its cars.
Volvo announced that it would officially scrap LiDAR systems on its EX90 and ES90 vehicles in various markets. In Norway, owners will get a €1,800 compensation for features that will never arrive due to this decision. There will be no option to remove the unit from vehicles, either.
The issue stems from Volvo’s supplier, Luminar, and its bankruptcy filing. Luminar will no longer be able to supply LiDAR units to Volvo for the EX90 and ES90, effectively axing any use the unit has on vehicles. Volvo will phase out the data collection processes via the LiDAR system, and it will not be utilized whatsoever.
Musk saw the story on X and responded, stating:
“I did try to warn them. Humans drive using neural nets and optical sensors. Same is true for robot cars.”
I did try to warn them.
Humans drive using neural nets and optical sensors. Same is true for robot cars.
— Elon Musk (@elonmusk) July 29, 2026
Musk has been publicly vocal about his disdain for LiDAR systems, once calling them “a fool’s errand,” as he has consistently kept the outlook that they are not needed for effective self-driving.
The typical example used as evidence for this by Musk is humans themselves: made with only eyes and memories, humans are capable of navigating a car by using what they can see and what they’ve personally experienced on the road.
Elon Musk argues lidar and radar make self driving cars more dangerous
“Same is true for robot cars,” Musk says, as Teslas have eight exterior cameras that help see everything surrounding the vehicle, and a neural network that analyzes behavior and tendencies with every mile driven.
Tesla is a vision-only self-driving company that ditched sensors and radar several years ago in favor of cameras. Behind this effort, the company has established a reputation for having one of the most robust self-driving platforms in the world.
Musk’s big bet with Tesla on its self-driving program’s strategy has widely paid off. Other companies continue to utilize things like LiDAR, radar, and sensors for effective self-driving, but Tesla has shown that there is more than one way to give consumers a strong and accurate driver assistance suite.
The real question is: who will be the first company to take Musk’s advice and attempt a self-driving platform based on cameras only, or even license FSD for themselves?
News
Tesla Summer Update begins rolling out: a look at the new features
Tesla has started to deploy the 2026 Summer Update to owners across its fleet, and among the biggest changes are improvements to Navigation, a new startup animation for the Model 3 and Model Y, Caraoke scoring, and new capabilities for Grok.
As the update has started making its way to some cars, we can now see a few of the features operating in real-time. We will show you what some of the new features look like in this article, along with some additional details on what changed.
Not all of the new features in the 2026 Summer Update have quite made an appearance, but some of them have, so we’ll show those here:
New Animation Screen for 3/Y
Tesla is rolling out a new startup animation for Tesla Model 3 and Model Y owners. This is present in Launch Edition and Performance Model 3 and Model Y, but other trim levels do not have anything like this.
The new animation screen on Model 3/Y with the 2026 Summer Update
Apparently color will also be customizable: pic.twitter.com/wSdwggtG3S
— TESLARATI (@Teslarati) July 27, 2026
Owners can adjust the color associated with the startup animation to suit their preferences. It is a surprise that more automakers do not focus on this animation for their vehicles; it can be a great first impression piece and make the car immediately feel more luxurious.
Tesla has included this on more premium trims, but it is nice to see it on the Model 3 and Model Y.
Grok Improvements
Grok can now adjust more things in the car outside of the Navigation system. Now, drivers can adjust anything from climate to driving settings by simply speaking to the AI assistant in the car:
@Tesla‘s AI assistant (Grok) with its new vehicle commands in action.
Set the climate, your destination and vehicle settings all in one go! pic.twitter.com/0bBTqaAk6G
— Not a Tesla App (@NotATeslaApp) July 28, 2026
You don’t even have to push a button, either. Instead, you can just say “Hey, Grok,” if you have it enabled. That feature rolled out with the 2026 Spring Update just a few months back.
This is a great feature, especially pertinent for the Robotaxi platform, as there will be no buttons inside the Cybercab when it eventually starts giving rides to the public. It also broadens Grok’s capabilities, which were relatively limited in terms of vehicle setting adjustments beforehand.

