News
SpaceX rolls out Starship, stacks world’s largest rocket, and aces Starlink launch hours apart
In 15 hours, SpaceX has rolled a new Starship to its South Texas launch and test facilities, reassembled the world’s largest rocket, launched Starlink satellites to orbit, and recovered a reused Falcon 9 booster in port.
The burst of activity began around sunset at SpaceX’s Starbase rocket factory in Boca Chica, Texas when a new orbital-class Starship prototype left its ‘nest’ for the first time. SpaceX rolled the Starship – known as Ship 25 – a few miles down the highway to its nearby launch and test facilities, where workers connected it to a large crane and waited for daylight.
Around 9 am CDT the following day, October 20th, SpaceX lifted Ship 25 onto one of two Starship test stands, where it will eventually attempt to complete several qualification tests. While Ship 25 was still suspended in mid-air, the Starbase launch pad’s orbital launch tower began lifting a different prototype, Ship 24, into the air with a pair of giant ‘chopsticks’ – mechanical arms designed by SpaceX to replace one of the largest mobile cranes in the world.
Then, while it was stacking Ship 24 on top of Super Heavy Booster 7 and installing Ship 25 on a test stand, a Falcon 9 rocket carrying 54 new Starlink satellites lifted off from Cape Canaveral, Florida. Minutes prior, SpaceX finished craning a reused Falcon 9 booster off one of its drone ship landing platforms in a port ten miles south.
Starlink 4-36 was SpaceX’s 48th launch of 2022 and 56th launch in less than 12 months, so its Falcon launch program simply doesn’t have time to waste. Drone ship Just Read The Instructions (JRTI) returned to port with Falcon 9 booster B1069 about 12 hours before the rocket was transferred from the ship’s deck to a stand on SpaceX’s Port Canaveral dock space. The company will now be able to retract B1069’s legs and complete any necessary booster and drone ship refurbishment, ensuring that both will be ready for their next missions in the near future.
Back in Texas, SpaceX is scheduled to begin thoroughly testing a fully-stacked Starship rocket for the first time as early as Monday, October 24th. Ship 24 was reinstalled on Booster 7 for that purpose after SpaceX disassembled the pair for several days, possibly due to forecasts of high winds. The test campaign is expected to begin with the first full wet dress rehearsal (WDR) of a two-stage Starship, meaning that the rocket will be fully loaded with thousands of tons of liquid methane and oxygen propellant and run through a simulated launch countdown that ends just before engine ignition.
If successful, SpaceX will likely restart Booster 7 static fire testing and continue to work its way up to the first simultaneous ignition of all 33 of its Raptor 2 engines. If the pair survive WDR and static fire testing, SpaceX could begin preparing the same rocket for Starship’s orbital launch debut.
If significant issues arise during testing, SpaceX could choose to retire Ship 24 and/or Booster 7 and move on to a new and improved pair: likely Ship 25 and Booster 8 or 9. Already complete, Super Heavy Booster 8 has been sitting untouched at Starbase’s launch site for weeks, making it uncertain whether SpaceX actually intends to test or use the prototype. Booster 9 is just one stack away from completion, at which point it will be ready to begin proof testing. According to CEO Elon Musk, B9 features significant improvements that will make it more resilient to mid-flight Raptor engine failures. It could also be the first Super Heavy booster with no hydraulic system, thanks to a new version of Raptor that replaces hydraulic thrust vectoring with a battery-powered alternative.
Starship S25 could kick off its own proof testing as early as next week. Unlike Ship 24, Ship 25 went straight from the factory to a test stand that has been modified with six hydraulic rams. Those rams will simulate the thrust of six Raptor 2 engines (up to ~1400 tons or 3.1M lbf) while the Starship is simultaneously loaded with cryogenic liquid oxygen and/or nitrogen, combining peak mechanical and thermal stresses into one test. Once Ship 25 is done, it will be rolled back to the factory for Raptor engine installation and will eventually return to the pad for static fire testing.
Tesla (NASDAQ: TSLA) beat Wall Street expectations of 406,000 vehicles delivered in Q2 by reporting 480,126 deliveries for the three months ending in June.
Tesla reported it delivered 467,762Â Model 3 and Model Y units, while 12,364 Model S, Model X, and Cybertrucks switched hands during the quarter. The Model S and Model X were officially sunset this past quarter and will no longer be part of the company’s Production & Delivery reports moving forward.
🚨 BREAKING: Tesla delivered 480,126 vehicles in Q2, ANNIHILATING Wall Street expectations of 406,000. Production was reported at 451,758.
Deliveries:
Model 3/Y: 467,762
Other Models: 12,364Production:
Model 3/Y: 442,936
Other Models: 8,822 https://t.co/TTHwQAsKt8 pic.twitter.com/7qI4Zj6FE5— TESLARATI (@Teslarati) July 2, 2026
The quarter is a pleasant surprise and a good rebound from Q1, when Tesla slightly missed the Wall Street consensus of 365,645 cars by reporting 358,023 deliveries for the first three motnhs of the year.
Energy storage deployments also provided some strength in Tesla’s delivery report, hitting 13.5 GWh for Q2. This is a particular division of Tesla’s business that has been overwhelmingly robust over the past few years, truly being a strong point of the company’s overall model.
For the year, Tesla analysts still predict deliveries to trend in the 1.69 million unit region, a modest 3 to 5 percent increase from the 1.64 million cars the company delivered last year. Tesla will likely return to more sequential and noticeable year-over-year growth as the Cybercab project starts to ramp up considerably in the next few years.
Tesla has some other potential catalysts to spur vehicle deliveries, too. Not only is it expecting Cybercab to truly start making a change in the next few years, but other vehicles could be entering the company’s lineup.
Tesla sends production Cybercab with no steering wheel, pedals to on-road testing
The slightly longer Model Y L has been a highly speculated release candidate in the U.S. It has already done incredibly well in China, and U.S. buyers have been wanting slightly more interior space than the Model Y. Now that the Model X is gone, it is more needed than ever.
Q2 highlights a pretty stable automotive division within Tesla, and no true concerns arise from these figures, especially considering it managed to beat expectations convincingly.
Tesla CEO Elon Musk posted a photo of himself standing with the Optimus production team inside Tesla’s Fremont factory, arms crossed amid workers in hard hats and safety vests. The image captures a pivotal industrial shift: the same facility space once dedicated to building Tesla’s flagship Model S sedan and Model X SUV is now home to the company’s humanoid robot manufacturing line.
Walking the Optimus production line in Fremont pic.twitter.com/ABS0tuRibW
— Elon Musk (@elonmusk) July 1, 2026
Tesla’s Fremont Factory, acquired in 2010 from the former NUMMI joint venture between Toyota and GM, has been the company’s original U.S. manufacturing hub since Model S production began in 2012.
The Model X followed soon thereafter. These premium vehicles offered lower annual volumes, recently around 30,000 combined, compared to the high-volume Model 3 and Model Y lines that continue around the site. Over their combined run, the S and X accounted for roughly 610,000 units.
In late January 2026, during Tesla’s Q4 2025 earnings call, Elon Musk announced the end of Model S and Model X production in Q2 2026. The final vehicles rolled off the line in early May. Rather than retooling for another vehicle, Tesla chose to convert the dedicated S/X assembly area into a dedicated Optimus Gen 3 production line.
Model 3 and Y manufacturing remains unaffected. Tesla’s official Fremont Factory page now lists Optimus alongside the 3 and Y as core products.
The conversion was executed with remarkable speed. After production stopped, crews dismantled the existing vehicle line and installed entirely new modular equipment—including lines sourced from Germany and dozens of sub-lines for actuators, batteries, and other components—in roughly four months.
Musk described the timeline as “insanely fast,” noting it would be unprecedented for any other manufacturer. Initial Optimus output is expected to ramp slowly due to the robot’s roughly 10,000 unique parts and the brand-new production processes involved. The Fremont line targets an eventual capacity of 1 million Optimus units per year.
Tesla isn’t joking about building Optimus at an industrial scale: Here we go
Optimus Development Timeline
- August 19, 2021: Optimus (then called Tesla Bot) formally announced at Tesla’s first AI Day. A concept video showed a person in a suit demonstrating the vision for a general-purpose humanoid capable of dangerous, repetitive, or boring tasks using the same AI architecture as Full Self-Driving.
- 2022: Early prototypes displayed. At the second AI Day in September, semi-functional units demonstrated walking across a stage and basic arm movements
- 2023: September videos showed improved capabilities, including sorting colored blocks, precise limb awareness, and holding a Yoda pose.
- 2024-early 2025: Factory integration videos showed Optimus navigating workspaces and handling objects like battery cells.
- January 2026: Gen 3 mass-production activities began at Fremont, with reports of over 1,000 Gen 3 units already operating inside the factory for real-world learning and AI training
- April 2026: Musk confirms Optimus production on converted Fremont line would begin in late July or August 2026. The Gen 3 reveal, originally eyed for Q1, was pushed closer to production start. A second, much larger Optimus factory at Giga Texas is under construction, with volume production targeted for Summer 2027 and long-term capacity of 10 million units annually
- July 1, 2026: Musk’s on-site visit and team photo confirm the Optimus line is operational and the transition is actively progressing
Tesla positions Optimus as potentially its largest project ever, leveraging vertical integration, AI expertise, and car-like manufacturing know-how to scale humanoid robots first for its own factories and later for broader industrial and consumer use.
The Fremont conversion serves as a critical proving ground for this ambitious new chapter in Tesla’s already-rich history.
Investor's Corner
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
Tesla short seller Michael Burry, the subject of the film “The Big Short,” where he was portrayed by Steve Carell, has revealed he has opened a new bet against the stock.
In a new update to his Substack newsletter in a post titled “Trading Post June 30, 2026,” Burry revealed a new set of bets against Tesla, Caterpillar, NVIDIA, Applied Materials Inc., and the iShares Semiconductor ETF.
In regard to Tesla, Burry wrote:
“And finally I shorted Tesla at 416.22. Happy it jumped back to this level.”
This means Burry likely opened his new short position after the company’s recent rally on Wall Street, which saw Tesla shares sink in mid-May, only to recover to well over the $400 mark. Currently, shares trade at around $427.
The company saw a big Tuesday as shares climbed considerably, over 10 percent. The size of the Tesla short was not provided, nor did Burry give any information on the position’s structure, the number of shares, dollar value, or whether options were used in the short.
The Tesla and SpaceX merger everyone is talking about is quietly building
Over the years, Burry has been one of the more vocal critics of Tesla, calling its share price “media inflated,” and saying it was “ridiculously overvalued” as recently as December.
The company has largely transitioned away from being known as an automotive company and instead is much more widely regarded as an AI play, mostly due to its Full Self-Driving efforts, Optimus robot development, and data collection related to both.
This has not pulled those skeptics away from being vocal about their distaste for how Tesla is valued, but there’s no denying that the company is a global force in many things, including sustainable energy, automotive, and AI.
Tesla annihilates Wall Street expectations with strong Q2 delivery showing
Tesla Optimus project fires up as Musk sees production line progress
