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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.
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.
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
