News
SpaceX could land Starship on Mars in 2024, says Elon Musk
Four years after Elon Musk revealed “aspirational” plans to launch Starships to Mars in 2022, the SpaceX CEO now believes that 2024 is a more accurate target.
For SpaceX, that two-year ‘delay’ is more impressive than anything given that the company practically restarted Starship development from scratch a year after Musk set the 2022 target. In late 2018, after more than two years of work developing a Starship (then BFR) built out of carbon fiber composites, the CEO revealed that the company was going to completely redesign the rocket to use steel for all major structures.
Two and a half years after that decision, SpaceX has built a vast Starship factory capable of building at least one ship per month, cumulatively fired dozens of full-scale Raptor engines for more than 30,000+ seconds, flown eight full-scale prototypes, and recovered the first full-size Starship in one piece after a high-altitude launch and bellyflop-style descent and landing.
It doesn’t come as a huge surprise that Starship probably wont be attempting any Mars launches in 2022. Had SpaceX not had to return to the drawing board in 2018, Musk may well have been able to achieve that 2022 goal, but wholly redesigning Starship with steel almost certainly delayed development by at least a year. For interplanetary launches, the most efficient trajectories – those that allow a rocket to maximize payload capacity – are only open for several weeks every ~25 months. That means that a rocket that’s one year behind a Mars launch window will still have to wait more than two years for the next launch opportunity.
In Starship’s case, even if SpaceX were ready for its first Mars cargo missions in 2023, it would need to wait until September or October 2024. That’s far from out of the question but three full years will arguably give SpaceX a good amount of time to both ensure that Starship is technically ready and reliable enough to land on Mars while also determining – and likely designing and building – the cargo those first Starships will carry.
SpaceX could also launch the first one or several Mars-bound Starships with an absolute minimum payload under the assumption that success will require several failures, in which case the company would have until 2026 to develop a system capable of finding and gathering Martian ice, processing it into cryogenic liquid oxygen and methane, and storing that propellant for months or even years. Without that complex system of in-situ resource utilization (ISRU), Starship will never be able to leave Mars, turning initial crewed missions into one-way trips.
In the meantime, while SpaceX has successfully proven that Starship’s exotic skydiver-style landing is viable on planets with atmospheres, orbital Starship flight tests will likely pose just as many challenges. Starship will have the largest heat shield of any spacecraft ever built, while that heat shield will also be the first non-ablative shield ever developed by SpaceX. Even if Starship aces reentries from low Earth orbit (LEO), reentries from geostationary, lunar, or Mars transfer orbits are all multiple times more stressful, requiring still more testing to ensure that its ceramic heat shield and steel hull can withstand interplanetary velocity reentries.
SpaceX will also have to develop unprecedented thermal management solutions to keep hundreds of tons of cryogenic liquid propellant at the right temperatures for weeks, months, or even years in orbit, deep space, and on the surfaces of other moons and planets. This is all to say that SpaceX has its work cut out for it as it approaches the dawn of orbital Starship flight tests and has to tackle a number of daunting technical challenges it might end up being the first to solve. But, as SpaceX always has, it will devour each problem piece by piece until Starship is exactly as capable and revolutionary as the company and its CEO have long promised – if a bit behind schedule.
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
