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SpaceX ramps South Texas activity to prepare for 2019 BFR spaceship testing
At the same time as the hardware for SpaceX’s first BFR spaceship is entering the early stages of manufacturing, the company’s South Texas test facility is slowly taking shape after more than 18 months of what can be fairly described as hibernation.
The likeliest location for a near-future spaceship test stand or pad has also experienced a comparatively vast influx of construction workers and general activity that began earlier this month September, nearly two and half years after SpaceX began preparing the unstable coastal wetland with the addition of several hundred tons of soil.
According to a number of posts from local Texans that are also members of a small SpaceX fan group on Facebook, activity around the company’s Boca Chica, Texas facilities has exploded in recent months, and even more so over the last several weeks. SpaceX’s ground tracking facility has harbored the vast majority of attention for some time, particularly following the relatively recent arrival of a massive crane, construction of a shelter for said crane, and the appearance of two massive vacuum-insulated tanks for liquid oxygen (LOX) and liquid methane/natural gas (LNG).
Presently sat beside two large antennae on the Crew Dragon tracking facility’s plot, those propellant tanks are certainly both eye-catching and definitive evidence that something huge and nearby will soon need large quantities of liquid propellant. In the case of the LOX tank, a back-the-envelope estimate suggests that it can hold an obscene 400 metric tons (~900,000 lbs) of liquid oxygen, while the much smaller LNG tank (assumed, not guaranteed) would be capable of holding less than 25,000 kg of liquid methane, thanks mainly to the fact that liquid methane is roughly three times less dense than LOX.
An immense liquid oxygen (LOX) tank just arrived at @SpaceX's prospective Boca Chica, TX facility, likely to be dedicated to BFR & BFS testing. @NASASpaceflight forum user "Nomadd" caught some of the first detailed photos, as well as the tank's arrival at SpaceX land on July 11. pic.twitter.com/hr7SeA6BGw
— Eric Ralph (@13ericralph31) July 12, 2018
Thankfully, SpaceX’s BFR Raptor engines will nominally burn oxygen and methane at a ratio of approximately 3.8 to 1, meaning that every 1 kg of methane exiting the rocket will be accompanied by 3.8 kg of oxygen. The fact that this ratio is actually larger than the density ratio of LOX and LNG means that the propellant tanks can be almost the same size
Most notably, as described above, is the abrupt return of construction and site preparation activities at what once was expected to be a Falcon 9 and Heavy launch pad. Over the last 24+ months, SpaceX has simply let the lot sit, although in this case, that sitting was rather productive. Known as soil surcharging, the site was essentially leveled, loaded with hundreds of tons of soil, plumbed with drainage pipes, and then left alone up to this point to let gravity do the rest of the work. Put simply, the unsteady soil of coastal Texas was aggressively drained and compacted into something stable enough to build expensive, long-term facilities on.
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- BFS seen standing vertically on the pads of its tripod fins. (SpaceX)
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- A view of BFS just after separating from its booster stage. (SpaceX)
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- SpaceX’s much-beloved Boca Chica dirt mount, September 18th. (Julie Smith)
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- SpaceX’s Boca Chica facilities seen on September 8th. (Maria Pointer)
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- SpaceX’s Boca Chica facilities seen on September 19th. Note the two tanks, one for liquid oxygen (left) and the other for liquid methane (right). (Maria Pointer)
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- SpaceX’s Boca Chica facilities seen on September 19th.
The hundreds of truckloads it took to bring in the soil will have to be repeated in reverse, removing most of the same soil to leave a level field ready for foundation-laying and series construction. Heavy machinery and construction contractors began arriving earlier this month, indicating that that process is about to begin, after which construction of the facilities that will eventually support Grasshopper-style spaceship testing can begin in earnest. Those BFR hop tests are scheduled to begin no earlier than late 2019.
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 (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.”
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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
