News
SpaceX rideshare launch aborted by rare range violation
Update: In what has become an extremely rare occurrence, a SpaceX Falcon 9 launch was aborted less than a minute before liftoff by a “fouled range.”
Translated, that means that a vehicle or pedestrian of some kind failed to heed strict warnings and entered Cape Canaveral’s launch ‘range’ during a live launch attempt. According to SpaceX’s webcast host, the culprit may have been an aircraft that strayed inside temporarily restricted airspace. Over the last few years, range violations have become rarer and rarer as the East Coast US military wing responsible for managing it, the systems responsible for disseminating ‘keep-out zones,’ and general public awareness have gradually improved.
As SpaceX CEO Elon Musk noted shortly after the rare Falcon 9 launch abort, the keep-out zone figuratively erected before US rocket launches is large, covering hundreds of square miles to hedge against the possibility of an in-flight rocket failure or explosion. Despite SpaceX’s innovative cheerleading of an autonomous flight termination system (AFTS) that would terminate a Falcon rocket the second it departed a much smaller corridor, safety regulations and range management have yet to respond in a significant way. According to Musk, if that status quo remains in place without major reform, “there is simply no way humanity can become a spacefaring civilization.”
Orbit details shared by SpaceX suggest that the company’s second dedicated Smallsat Rideshare launch – known as Transporter-2 – will also carry a second batch of polar Starlink satellites.
SpaceX launched the first batch of ten polar Starlink satellites in January 2021 as part of Transporter-1, co-manifesting them alongside a record-breaking 133 other spacecraft for a variety of companies and institutions. The mission was ultimately a major success, breaking records and demonstrating that SpaceX is serious about its Smallsat Program. Much like company executives promised in 2019 and 2020, SpaceX really does appear to have firm plans for semi-regular rideshare missions that will give customers two or more launch windows per year.
Now scheduled to launch no earlier than 2:56 pm EDT (16:56 EDT) on Tuesday, June 29th, Transporter-2 is the second in a series of Falcon 9 rideshare launches currently scheduled every six months or less over the next several years.
While Transporter-2 wont beat the unprecedented number of satellites launched on on Transporter-1, SpaceX says it will still “launch 88 spacecraft to orbit” and – more importantly – carry more customer mass. In other words, Transporter-2 will carry roughly 50% fewer satellites, each of which will weigh substantially more on average.
Ordering directly through SpaceX, Smallsat Rideshare Program begins at $1 million for up to 200 kg (~440 lb) to Sun Synchronous Orbit (SSO; around 500 km or 300 mi). A majority of small satellites weigh significantly less than 200 kilograms but if a customer manages to use all of their allotment, the total cost of a SpaceX rideshare launch could be as low as $5000 per kilogram – incredibly cheap relative to almost any other option. For a dedicated launch to SSO on a Rocket Lab Electron or Astra Rocket 3.0 rocket using every last gram of available performance, the same customer would end up paying a minimum of $25,000 to $37,500 per kilogram to orbit.
Befitting the premium price tag, a dedicated launch on one of a growing number of small orbital-class rockets does carry benefits like direct orbit insertion, specialized payload handling, and more schedule control. A rideshare with dozens of other satellites is more akin to taking a bus, delivering the lowest prices possible at the cost of strict departure times and a one-size-fits-all approach to drop-offs.
Given that SpaceX’s Transporter program is on track to orbit more than twice as many satellites in six months as Rocket Lab’s small Electron rocket has launched on 17 successful missions spread over more than three years, it’s safe to say that a large portion of prospective smallsat owners and builders have concluded that the cost savings provided by rideshares far outweigh the inconvenience.
Beyond Transporter-2, SpaceX is already working to launch Transporter-3 in December 2021, Transporter-4 as soon as March 2022, Transporter-5 in June 2022, Transporter-6 in October 2022, and at least three other dedicated rideshare launches tentatively scheduled in 2023.
SpaceX (NASDAQ: SPCX) will report its first public earnings call today since its IPO earlier this year, and there are a few things we expect to hear about, as well as Wall Street analysts, who have already outlined their expectations for the call.
Wall Street analysts have a consensus of $12.72 billion in revenue and an earnings per share (EPS) of $0.13. These are broken down into three sectors: Space, Connectivity, and AI/SI, which are perceived in this way:
- Space: $1.41 billion
- Connectivity: $4.84 billion
- AI/SI: $6.47 billion
Other outlets cluster near $12.8 or $12.9 billion in revenue and $0.14 – $0.15 EPS. This implies a roughly 65 percent sequential growth from Q2’s $7.81 billion, driven mostly by AI/SI, with the first post-IPO positive EPS expected.
Here are the three things to watch for on the call:
AI Revenue Ramp and the $100B+ ARR target
AI is truly the swing factor for SpaceX, and analysts expect it to roughly double from Q2’s $2.56 billion and become about half of total revenue. Management previously guided to a $100 billion+ annualized run rate by December, including the Cursor acquisition, which was $60 billion, to close the quarter.
Listen for updates on SpaceX’s compute capacity, especially pertaining to its contracts with Google, Anthropic, and others, revenue per watt, any new deals, and Cursor’s early contribution.
Starlink/Connectivity Metrics and Mobile Expansion
Connectivity remains a main profit engine for SpaceX. Subscriber additions will be something to pay attention to, as Q2 ended at 12 million and previews are looking at 14 million for this quarter. Additionally, ARPU trends, enterprise and government growth, and any commentary on Starlink Mobile will be something to pay attention to, especially following the recent low-band spectrum deal and FCC-related constellation approvals.
Capex Trajectory, Cash Burn/FCF, and Starship/Operational Updates
Q2 capex of roughly $18.4 billion weighed on the stock. Investors will look to scrutinize Q3 spending levels, any guidance on the pace into Q4/2027, free cash flow, backlog, and liquidity. Operational color on Starship (Flight 14 milestones and Flight 15 timing/reusability progress), Falcon cadence, and government/NASA contracts are also in focus.
Of course, there will also be some speculation on the potential Tesla-SpaceX merger, but there was nothing mentioned in the company’s proxy it sent earlier this week.
SpaceX will report earnings after market close today and will stream the call on X.
Watch live as SpaceX discusses our Q3 2026 earnings at 3:30pm CT today → https://t.co/Qrb0qeVG15
— SpaceX (@SpaceX) October 20, 2026
News
SpaceX just launched its secret Starfall saucer again
SpaceX launched its Starfall capsule again on Bandwagon-5, this time listed openly beside rideshare customers.
SpaceX launched its Starfall reentry capsule for the second time on Tuesday morning, flying it as the payload of the Bandwagon-5 rideshare mission. Falcon 9 lifted off from Space Launch Complex 40 in Florida at 7:04 a.m. ET with 32 payloads, and the first stage booster, on its 19th flight, landed on the droneship A Shortfall of Gravitas about nine minutes later.
Starfall was scheduled to separate last, 2 hours and 48 minutes after liftoff. The final customer satellite on SpaceX’s mission timeline comes off the upper stage about an hour and nine minutes in, which left a long gap before the capsule was due to be released alone. SpaceX later posted that the payload deployment sequence is complete. At liftoff, the company said Starfall “enables affordable, routine access to a microgravity environment, providing unique opportunities for on-orbit manufacturing, scientific research, and testing.”
Starfall enables affordable, routine access to a microgravity environment, providing unique opportunities for on-orbit manufacturing, scientific research, and testing https://t.co/y8kJg3QDor
— SpaceX (@SpaceX) October 20, 2026
As Teslarati reported before the first Starfall flight, SpaceX made no public announcement about the vehicle then, and nearly everything known came from FAA and FCC filings. This time Starfall is an item name on the official mission page, listed beside paying rideshare customers. SpaceX has still not said what, if anything, is aboard this Starfall, Spaceflight Now noted.
The FAA’s environmental assessment from May describes a disk about 10.2 feet wide and 2.5 feet tall that weighs roughly 4,600 pounds and can bring 2,200 pounds of payload back to Earth.
Interestingly, the same rocket also carries a competitor’s hardware. Varda Space Industries launched its W-Series 7 capsule on Bandwagon-5, a spacecraft about three times smaller than Starfall that will test whether microgravity can improve the solubility of a cancer drug called Protac. It is Varda’s ninth reentry capsule, and W-8 and W-9 launched earlier this month on Transporter-18. SpaceX has been Varda’s launch provider since the company’s first Falcon 9 rideshare contract in 2021.
SpaceX has not published where or how this Starfall will come down. The preview we ran in June described a recovery from the Pacific Ocean, and the company has not said whether this flight follows the same plan. The launch also arrives hours before SpaceX posts its third quarter results after the market closes, a report we previewed earlier this week.
Elon Musk
The Boring Company’s latest Tesla tunnel truck mod “fits like a glove”
The Boring Company has modified a Tesla powered tunnel truck to carry freight containers underground.
The Boring Company has found a second job for the Tesla hardware it already runs underground. In a post on X, Elon Musk’s tunneling company showed its latest Prufrock Liner Truck modified to carry a standard 20 foot shipping container. “Using TBC tunnels to transport freight,” the company wrote. “The latest Prufrock Liner Truck (using Tesla Model 3 batteries and drive units) has been modified to carry a standard 20′ shipping container. Fits like a glove!”
The photo shows a red container sitting on a long, low white chassis parked outside, with drive hardware visible at one end. The Boring Company did not say where or when freight hauling would start, which customers it has in mind, or how many trucks it is converting.
Using TBC tunnels to transport freight.
The latest Prufrock Liner Truck (using Tesla Model 3 batteries and drive units) has been modified to carry a standard 20’ shipping container.
Fits like a glove! https://t.co/VV0phWK4fc
— The Boring Company (@boringcompany) October 19, 2026
Until now, the liner trucks have hauled concrete. Teslarati reported in August on Liner Truck 3, which uses Model 3 battery packs and drive units to move more than 22,000 pounds of precast tunnel segments to the boring machine. It has 28 miles of range, tops out at 12 mph, and is piloted remotely from the company’s operations center in Texas. The freight version appears to be the same platform with a different bed, and The Boring Company has not said whether it will also be remotely piloted.
Freight has been on the company’s menu for years. When TBC updated its product lineup in 2021, its freight tunnel was described as sized to fit a standard shipping container, “barely.” The company later used the idea at Tesla’s own factory, where Prufrock 3 dug a tunnel to Giga Texas that now moves finished Cybertrucks away from the production line.
The Boring Company closed a $3 billion Series D in September at a $23 billion valuation, and Teslarati has covered how that money is tied to a UAE tunneling push and a faster Nashville build. In Nashville, Prufrock MB1 and MB2 are mining at the same time, and a third machine is expected to launch in late October. Each machine needs a steady supply of liner trucks, so any design that works for segments and containers alike gives the company more use out of the same Tesla parts.
The Vegas Loop remains the only Boring Company system open to the public, and it moves passengers in Tesla vehicles. A freight service would be a separate product, and the post gave no indication that one is close to launch. For now, it is a truck, a container and a short caption saying they fit together.
SpaceX reports its first earnings today: here’s what to expect
SpaceX just launched its secret Starfall saucer again
The Boring Company’s latest Tesla tunnel truck mod “fits like a glove”
SpaceX reveals how its 1 Million AI satellite network will work and prevent space collisions
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