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SpaceX rapidly constructing Starship’s first Florida launch pad and tower
After restarting work on the project a few months ago, SpaceX appears to have gotten back up to speed and begun to make rapid progress on the construction of Starship’s first Florida launch pad and tower.
Located at NASA’s Kennedy Space Center (KSC) Launch Complex 39A facilities, SpaceX has intended to construct a Starship launch site there for several years. A serious attempt was made in late 2019 but SpaceX soon abandoned the effort and redirected its energy towards Starship prototyping and a much different launch pad design. Two years later, SpaceX’s second attempt shares only a little in common with the first. Both are to be located within the eastern half of Pad 39A’s shield-like footprint, although the specific location of the tower and launch mount has been modified. If this attempt comes to fruition, Starship’s first East Coast launch facilities will still sit just a few hundred feet away from the only SpaceX pad capable of launching Crew Dragon, Cargo Dragon, or Falcon Heavy.
Beyond those two characteristics, SpaceX’s second attempt is almost entirely different.
Instead of continuing with an older launch pad design, Starship’s 39A facilities will likely be close to a direct copy of Starbase’s first orbital launch site (OLS), which SpaceX began constructing in earnest in late 2020. It’s safe to assume that some lessons have been learned from Starbase OLS construction and that some modifications will be made to the Florida pad’s design, but no obvious changes are thus far visible.
Most of the visible work SpaceX has done this year centers around the company’s KSC-based Roberts Road facilities, where it has built a major Falcon processing facility and a staging yard for Starship pad construction and broken ground on a massive East Coast Starship factory. At that staging yard, SpaceX began assembling prefabricated sections of Starship’s Pad 39A ‘launch tower’ around March 10th after tower parts began arriving at KSC sometime in February. Within two weeks, SpaceX had completed the basic structure of two tower sections. Another two more weeks after that, around April 11th, a third section had reached a similar level of completion and SpaceX had begun assembling a fourth.
Compared to SpaceX’s Starbase tower assembly, Florida Starship work appears to be proceeding at a similar pace. SpaceX began assembling the fourth Florida tower section about 30 days after starting the first, while Starbase took about 25 days to reach the same point. However, SpaceX does appear to be taking a slightly different approach for Pad 39A. On top of tower section assembly, SpaceX is constructing an extra four sets of the small concrete foundations and steel frames each tower section is assembled on, implying that Starship’s Florida launch tower could be almost entirely prefabricated before SpaceX begins to combine those sections.
That differs from Starbase, where SpaceX rarely constructed more than two or three tower sections at a time before removing and stacking each completed section and beginning to assemble the next on the same foundation and jig. However, while undeniably efficient, SpaceX workers then had to spend months outfitting the tower with plumbing, wiring, additional structure, and more. It’s likely that SpaceX has concluded that it’s better to do as much of that work as possible before the tower is assembled, in which case each Florida section may end up spending more time on the ground. Given the obvious challenges imposed by attempting a major construction project at an active, one-of-a-kind launch pad like LC-39A, it would make even more sense for SpaceX to want to complete as much work as possible before moving Starship pad hardware into the line of fire.
Nonetheless, work will still have to be done at the pad itself. In recent weeks, SpaceX has made significant progress on the foundations 39A’s Starship launch tower and mount require. The bottom half of the concrete base that each steel tower section will eventually sit on has also progressed rapidly. All told, SpaceX is will on its way to replicating Starbase’s orbital Starship launch site on the East Coast, hopefully ensuring that Starship will be able to begin orbital test flights within the next 6-12 months even if the company’s Starbase environmental review continues to be bogged down by bureaucracy.
Elon Musk clapped back at France’s decision to withhold the approval for Tesla’s Full Self-Driving (FSD) Supervised system, projecting a clear and blunt message to French Transport Minister Phillippe Tabarot, after he publicly rejected the technology in its current form.
Tabarot outlines several concerns with Tesla Full Self-Driving in a detailed video statement, where he said, “The safety trade-offs are not yet sufficient to authorize it as it currently stands,” he said. He emphasized that FSD is not a true self-driving system and that the driver remains fully responsible.
Key issues Tabarot also brought up included allowing speeding when surrounding traffic exceeds limits and what he believes are insufficient guarantees of driver attention during complex urban maneuvers such as lane changes, intersections, and roundabouts.
Delaying the approval of FSD in France will cost lives
— Elon Musk (@elonmusk) July 22, 2026
While acknowledging technological progress and France’s support for autonomous innovation, Tabarot stressed that deployment must prioritize road safety. He noted ongoing technical discussions with Tesla, the Netherlands, and other European partners, with further ecosystem meetings planned for the fall.
Musk’s rebuke highlights the human cost of regulatory caution. Tesla’s latest safety reports provide compelling data supporting accelerated adoption. In the most recent 12-month period, vehicles using FSD (Supervised) recorded one major collision per approximately 5.1 million miles driven, dramatically better than the U.S. national average of one crash per 698,000 miles.
Even Tesla vehicles driven manually with active safety features outperform the average by a wide margin. These figures come from billions of real-world miles of telemetry, showing FSD vehicles involved in far fewer incidents than both manual Teslas and the broader U.S. fleet.
Critics argue Tesla’s comparisons require careful scrutiny regarding reporting thresholds and fleet demographics, yet the data consistently positions FSD as a potential lifesaver. With road fatalities remaining a leading cause of death worldwide, Musk contends that proven safer technology should not face prolonged bureaucratic hurdles.
France’s measured approach reflects the broader European regulatory caution, which many, especially Musk, have been critical of in the past. However, as autonomous systems from Tesla and competitors like Waymo demonstrate superior safety in independent studies, pressure is mounting for harmonized approvals.
Musk’s warning carries the belief that every month of delay may equate to avoidable tragedies on European roads.
In a striking revelation that underscores the lucrative crossover between Big Tech and space exploration, Alphabet Inc., Google’s parent company, disclosed a massive $94.1 billion equity stake in SpaceX following the rocket company’s blockbuster initial public offering earlier this year.
The disclosure came in Alphabet’s quarterly filing, marking the first time the long-held private investment has been publicly valued at market prices. Google was an early backer, investing alongside Fidelity in 2015 with roughly $500-900 million at a time when SpaceX was valued around $12 billion.
That bet has delivered extraordinary returns, roughly a hundredfold, transforming a strategic play on satellite internet and launch capabilities into one of Alphabet’s largest assets.
Google, $GOOGL, has said they hold $94 billion in SpaceX, $SPCX, shares after IPO.
— unusual_whales (@unusual_whales) July 23, 2026
Of the total holding, approximately $80 billion remains subject to short-term post-IPO lockup restrictions, preventing near-term sales. An additional $14.1 billion faces longer-term restrictions, extending into the third quarter of 2027. This structure limits immediate liquidity but protects against market volatility as SpaceX transitions into public trading.
The SpaceX position contributed significantly to gains in Alphabet’s broader investment portfolio, which also includes a major stake in AI leader Anthropic. Combined, these holdings helped drive nearly $100 billion in investment gains during the second quarter, providing a substantial boost to net income amid ongoing AI spending pressures.
Analysts view the disclosure as validation of Alphabet’s venture strategy beyond its core search and cloud businesses. The investment aligns with deeper ties, including reported multi-billion-dollar deals for AI computing capacity on SpaceX infrastructure. As SpaceX advances Starship flights, Starlink expansion, and ambitious Mars goals under Elon Musk, Google’s stake positions it to benefit from the commercialization of space.
For Alphabet, the windfall highlights how patient, forward-looking bets in transformative sectors can yield outsized rewards. While lockups temper short-term impact, the holding cements SpaceX as a cornerstone of Alphabet’s diversified portfolio in an era where aerospace, AI, and connectivity increasingly intersect. Investors will watch closely as restrictions lift and SpaceX’s public performance unfolds.
In early 2026, Tesla made a bold strategic pivot: it largely eliminated the option to purchase Full Self-Driving (FSD) software outright and shifted to a subscription-only model. The change, effective around mid-February, ended the one-time fee that had previously ranged as high as $15,000 and later dropped to $8,000. Instead, customers would access FSD (Supervised) for $99 per month in the U.S.
At the time, skeptics questioned whether locking customers into recurring payments would hurt adoption or alienate buyers who preferred ownership of the feature. Tesla bet that a lower barrier to entry, seamless integration at purchase, and the ability to cancel at any time would drive higher uptake.
The results from Q2 2026 speak for themselves: the decision has been a resounding success, delivering the largest quarterly growth in FSD subscriptions in the company’s history.
Tesla FSD subscriptions went up 56% in Q2 2026 to 1.48 million, an increase of 200,000 from Q1 2026.
Tesla added more FSD subscribers in Q2 than in any quarter in its history. pic.twitter.com/jTciTD2JqW
— Sawyer Merritt (@SawyerMerritt) July 22, 2026
According to Tesla’s Q2 shareholder update, active FSD subscriptions reached 1.48 million globally by the end of June 2026. That represents a 56 percent increase year-over-year and a 15.6 percent jump from the prior quarter. Tesla added roughly 200,000 new subscriptions in the period alone—the biggest single-quarter gain on record.
North America led the charge, with more than 55 percent of new vehicle deliveries including an FSD subscription at the time of purchase, a record attach rate for the region.
Tesla explicitly noted that “more customers [are] opting for subscription at the time of vehicle purchase,” crediting the model shift and prominent placement of the option in the ordering process. Subscriptions now contribute meaningfully to ancillary revenue, helping offset pressure elsewhere in the business.
The financial upside is substantial: At $99 per month, 1.48 million active subscriptions generate approximately $146.5 million in monthly recurring revenue. Over a full year, that equates to roughly $1.76 billion in annualized recurring revenue (ARR) from FSD subscriptions alone, assuming steady retention and no major pricing changes.
These figures represent pure, high-margin software revenue. Unlike vehicle sales, which carry production costs, warranty obligations, and supply-chain risks, FSD subscriptions flow largely to the bottom line once the software is developed and deployed over-the-air.
Tesla does not break out exact FSD subscription revenue in its filings (it sits within “Services and Other”), but the category grew 50 percent year-over-year in Q2, with executives highlighting subscriptions as a key driver.
The subscription model offers several structural advantages. It lowers the upfront cost of a new Tesla, potentially broadening the buyer pool and supporting vehicle demand, especially important amid fluctuating EV market conditions. It creates a predictable revenue stream that compounds as the fleet grows and more owners try (and stick with) the software.
Legacy one-time purchasers still exist, but new growth is overwhelmingly subscription-based following the February cutoff.
Early data also suggests improving retention and satisfaction, as well. Tesla has rolled out iterative FSD updates, including v14 features, and expanded availability to additional markets. Recent regulatory approvals in parts of Europe have further boosted interest, with owners in newly enabled countries eager to activate the software they had been waiting for.
FSD is still supervised; regulatory hurdles for true unsupervised autonomy persist in many regions, including the United States, and competition in advanced driver-assistance systems is intensifying. Yet the Q2 numbers validate Tesla’s bet: by removing the large upfront commitment and making FSD accessible via subscription, the company has accelerated adoption faster than many anticipated.
What began as a controversial switch-up has become a clear win. With nearly 1.5 million subscribers, record attach rates, and nearly $1.8 billion in potential annual recurring revenue already in view, Tesla’s FSD business is transitioning from a promised future to a tangible, fast-growing profit engine.
If the momentum continues, and especially if unsupervised capabilities unlock robotaxi opportunities, the subscription flywheel could become one of the most valuable assets in Tesla’s portfolio.
Elon Musk claps back at France’s Tesla Full Self-Driving approval delay
Google’s massive stake in SpaceX will shock you
