News
SpaceX is hiring a Spaceport resort developer for its Texas rocket factory
SpaceX has big plans to ferry travelers to Mars in the near future, and part of that venture looks to include luxury accommodations while customers spend time with the company on Earth. A recent job board posting for a “Resort Development Manager” has come to light, specifically referring to a project at the launch provider’s Boca Chica Village location in Texas.
“SpaceX is committed to developing this town into a 21st century Spaceport. We are looking for a talented Resort Development Manager to oversee the development of SpaceX’s first resort from inception to completion,” the posting states. Notably, SpaceX is looking for candidates with experience in “high end brand luxury development,” which is perhaps a nod towards the types of customers the company expects to attract.
A small coastal community located on Texas’s southernmost tip, Boca Chica Village is where SpaceX has been developing and testing the company’s Mars-bound rocket named Starship. Facility development at the site has gone quite fast over the last few months, as is the usual Elon Musk-led company fashion, featuring new semi-automated welding machines, upgraded production equipment, and two massive sprung structures (i.e. tents). A ramp in hiring also began in February this year, including a career day to staff production shifts for 24/7 operations.
SpaceX’s rocket factory in Texas has gained a bit of notoriety since moving into the area, specifically when a Starship prototype (SN4) exploded following a static fire test in May this year. However, it looks as though most of the (literal) kinks have been worked out, culminating in a picture-perfect hop test last week. This latest test was preceded by several several prototype and tank tests, and SpaceX is now quickly moving forward with yet another prototype (SN8) build from a different steel alloy altogether.
The Texas and Florida-based rocket maker specifically labeling its new project as a Spaceport may be related to a goal Musk previously referenced. “SpaceX is building floating, superheavy-class spaceports for Mars, moon & hypersonic travel around Earth,” the CEO stated on Twitter in June. He was replying to a tweet describing yet another job board posting, this one for “Offshore Operations Engineers” to work at the Texas site.
SpaceX published concepts for floating launch facilities in 2017 which measured at least 300m (1000 ft) long and about 100m (330 ft) wide, and they are assumed to be the floating ports in question. The size of the intended rockets to be serviced on the pads would also hint towards being several miles off shore for safety purposes. But in another interesting difference, including the “Resort” in the most recent job description may further indicate either an expansion to the rocket island concept or a separate project entirely.
SpaceX is hiring a “Resort Development Manager” to develop the Boca Chica Village in Texas “into a 21st century Spaceport” and the company’s first resort. https://t.co/AEfUaCIVGr pic.twitter.com/rhJqq2rnIV
— Michael Sheetz (@thesheetztweetz) August 10, 2020
A comparable destination may be Spaceport America, the first purpose-built commercial spaceport in the world, located in New Mexico. That facility comprises 6,000 square miles of restricted airspace, a 12,000 foot runway, and vertical launch complexes to support multiple customers needing aerospace testing and launch capabilities. Visitors may only come for guided tours of the Spaceport, however, as it’s closed off to the public for a variety of legal and security reasons. If SpaceX’s Spaceport has similar restrictions, perhaps the Resort will be for space-bound customers and business relations only.
Every autumn since the 2016 International Astronautical Congress (IAC), Musk has presented an annual update on the status of SpaceX’s next-generation Starship launch vehicle. The tradition looks to be continued this September, as indicated in a recent tweet by the CEO, despite challenges brought on by the Coronavirus pandemic. Details about future Resort plans will hopefully be provided at that time.
Tesla Cybercab units finally got a definitive date for when they will be able to be purchased by consumers, ending speculation regarding whether the fully autonomous vehicle would be available in the near term.
During Tesla’s third-quarter 2026 earnings call on October 21, Vice President of Engineering Lars Moravy said the company is aiming to begin delivering its purpose-built Cybercab robotaxi to customers before year-end.
🚨 In short, Cybercabs are slated to go to customers by end of the year. All units are going into Robotaxi fleet currently, per @larsmoravy
Cybercab will be “transport-as-a-service,” but vast majority of Cybercab will be “Tesla-owned,” @elonmusk says https://t.co/R8Qu8QWdmp
— TESLARATI (@Teslarati) October 21, 2026
“We’re trying to get Cybercabs to customers by the end of this year, 2026,” Moravy said. He added that production is underway on the line at Gigafactory Texas, but “all of those are currently going to our own internal Robotaxi fleet.”
Moravy explained that as operations scale, Tesla will “mainly deliver fully designed autonomous vehicles to our customers,” with the Cybercab as the first such vehicle. Initial customer deliveries will start small while the company gains experience with delivery logistics, ownership models, fleet management, and operating autonomous vehicles outside its direct control.
CEO Elon Musk reinforced the limited nature of private sales, describing the Cybercab primarily as a “transport-as-a-service” offering rather than a personal ownership vehicle like the Model 3, Model Y, or upcoming Roadster. “The vast majority of the Cybercab stuff will be Tesla-owned and transport-as-a-service,” Musk said.
The Cybercab is a two-seater vehicle developed by Tesla without a steering wheel or pedals. It relies completely on Tesla’s Full Self-Driving suite and has been in production since February. Early units have been put in Tesla’s Robotaxi service as of early September, when the company launched rides to the public. Tesla previously indicated it would aim to sell Cybercabs for about $30,000.
Unsupervised Full Self-Driving is expected to ship to consumer cars during Q2 2027, Ashok Elluswamy, Tesla’s Head of AI, indicated during the call. Early buyers or fleet operators may receive vehicles whose autonomous operation remains geographically restricted due to lagging regulatory agencies. There are some hurdles that remain ahead of Cybercab deliveries.
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.”
Interested in ordering a Tesla? Use my referral code for three free months of Full Self-Driving (Supervised) here.
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.
Tesla Cybercab gets a for sale date at last
Tesla Q3 2026 Earnings results: in-line revenues, slight beat on EPS
