News
SpaceX Starship launch delayed to Tuesday by poor FAA planning
Update: CEO Elon Musk says that SpaceX’s fourth high-altitude Starship launch has been delayed from Monday to Tuesday after an FAA inspector – recently required to be onsite for launches – was inexplicably more than six hours late.
While the smallest grain of salt is warranted given Musk’s recently vitriolic relationship with the FAA, the CEO has every reason not to lie about a federal regulatory agency that SpaceX almost fundamentally depends on. As such, the implication is that a lone FAA inspector – only recently required by the FAA itself to be onsite for SpaceX Starship launches – was somehow more than four or five hours away from Boca Chica, Texas by 11am CDT, March 29th.
The only possible explanation for such a delay is that a single inspector – lacking virtually any of the resources afforded to large government agency – missed a flight on a public airline, had a flight canceled at the last second, or was somehow stranded in the middle of nowhere by car issues. As any sane human familiar with air or car travel would know, those issues happen and should always be anticipated. Knowing full well that it had just changed SpaceX’s Starship launch license just two weeks prior to prevent flights without an inspector present, the FAA does not appear to have prepared for those issues in even the most basic sense, failing to ensure alternate methods of transport or two redundant inspectors.
In essence, due either to severe underfunding, general ineptitude, some childish attempt to assert dominance, or some combination of all three, the FAA has explicitly disrespected the hundreds of (possibly 1000+) SpaceX employees working around the clock for weeks to launch Starship SN11 as quickly as possible. Given that the FAA itself distributed Temporary Flight Restrictions (TFRs) for SN11’s Monday launch on Saturday and noted plans for the launch more than a day prior, the giant regulatory agency had no less than 24-48 hours of prior warning even if they’d somehow ignored or missed SpaceX’s own CEO announcing a delay to March 29th on March 26th.
If a regulatory agency like the FAA is incapable of ensuring that an inspector can stand around at a launch the agency itself required an inspector be present for days prior, the same apparatus assuredly should not and cannot be trusted to regulate systems as complex as modern aircraft, spacecraft, and rockets. If the FAA is, in fact, up to the challenge of responsibly regulating those systems with the public’s best interest in mind, then failing a task as simple as ensuring its own inspector is transported, on time, from Point A to Point B is a conscious decision or mistake. Either way, something clearly needs to change.
CEO Elon Musk says that SpaceX has delayed Starship serial number 11’s (SN11) high-altitude launch debut from Friday to Monday to best ensure that the company can “land & fully recover” the 50-meter-tall steel rocket.
First and foremost, the weekend will allow SpaceX times time for “additional checkouts” and scour Starship SN11 and the data it’s produced during testing for any red flags or minor issues. While plans for a same-day static fire and launch didn’t pan out on Friday, March 26th, SpaceX did manage the first half, firing up just one of Starship’s three Raptors to verify the health of the replacement engine after a Thursday Raptor swap. The test marked the first time SpaceX has intentionally fired up just one of the Raptors installed on a three-engine Starship prototype, so the delay will provide extra time to ensure that all three are still looking good.
Standing down SN11 until probably Monday. Additional checkouts are needed. Doing our best to land & fully recover.— Elon Musk (@elonmusk) March 26, 2021
The weather in Boca Chica, Texas has also taken a turn for the worse in the last few days, so the extra few days will also (hopefully) allow time for wind, visibility, and precipitation conditions to improve. According to Musk, Starship SN11 is now scheduled to fly as early as Monday “afternoon” and, as usual, SpaceX will offer live coverage of the fourth high-altitude launch and landing attempt beginning a few minutes before liftoff.
-
With a little luck, the Starship prototype will be able to continue a trend of iterative improvement and one-up Starship SN10 with a slightly softer landing and no explosion minutes after touchdown. Stay tuned for updates both here and on SpaceX’s social media platforms to catch the official webcast.
Elon Musk
The Boring Company’s newest tunnel vehicle runs on Tesla parts and no one is driving it
The Boring Company’s new tunnel vehicle runs on Tesla Model 3 batteries and drive units.
The Boring Company just introduced a new piece of hardware, and it runs on parts pulled straight from a Tesla showroom. Liner Truck 3, unveiled in a post from the tunneling company’s official X account, is an all electric vehicle built around Tesla Model 3 battery packs and drive units, purpose built to move concrete tunnel segments to the boring machine face without a single person underground.
Introducing Liner Truck 3 — our latest fully electric tunnel vehicle.
– Tesla Model 3 battery and drive units
– Transports 22,000+ lb of concrete segments to the boring machine
– 28 miles of range
– 12 mph max operating speed
– Remotely piloted from Global OCC in Texas, with… pic.twitter.com/XB7FgSXnpy— The Boring Company (@boringcompany) August 7, 2026
The job itself is unglamorous but critical. Each precast segment run weighs more than 22,000 pounds, roughly the load of a full cement mixer, and Liner Truck 3 hauls that weight repeatedly between the surface staging area and wherever the Prufrock machine happens to be cutting.
The Boring Company said Liner Truck 3 is piloted remotely out of its Global Operations Control Center in Texas, extending the Zero-People-In-Tunnel approach the company has spent years building toward. An earlier version of a ZPIT liner truck was already tested at the company’s Bastrop, Texas research tunnels, and a factory tour released last month showed an employee flying a fully loaded liner truck with a PlayStation controller. Liner Truck 3 looks like the production version of that same idea, cleaned up and pushed into daily use.
The timing lines up with a company digging in more places than it ever has before. The Boring Company now has multiple Prufrock machines active or arriving in Nashville, where Music City Loop construction has been accelerating since February, and its Vegas Loop network keeps adding tunnel mileage on a near monthly basis. Every one of those projects depends on getting concrete segments to the cutting face fast enough to keep the boring machine from idling, which is exactly the bottleneck Liner Truck 3 is designed to remove.
It also reinforces something Tesla owners have watched happen gradually across Musk’s companies: passenger car hardware finding a second life in heavy equipment. Model 3 drive units already move people through the Vegas Loop, and now the same components are hauling concrete underground in Nashville and wherever The Boring Company digs next. Whether that kind of component reuse extends further into TBC’s equipment lineup, or into other Musk owned industrial hardware, is the next thing worth watching.
SpaceX stock did the opposite of what most of Wall Street expected this week, when the day designed to be its most dangerous turned into a rally, and the rally kept going.
Thursday marked the first major lockup expiration since SpaceX’s June IPO, making roughly 911.5 million insider held shares eligible to trade for the first time, more than doubling the company’s public float. Analysts and short sellers had spent weeks bracing for a flood of selling, especially after the stock fell 13 percent following its first earnings report as a public company on Tuesday. Instead, shares rose 6.1 percent Thursday to close at $114.92, and by Friday they were trading near $129, up more than another 12 percent on the day.
SpaceX shorts get warned by Musk ally, echoing Tesla’s early struggles
The setup made the outcome notable. Short interest had climbed to roughly 34 percent of the float heading into earnings, among the highest of any large cap stock, with about 95 percent of available shares to borrow already on loan. CEO Elon Musk warned short sellers twice in the weeks before the lockup, writing on X that “the survival probability of firms who maintain a significant short position in SpaceX over time is very low,” then following up on the morning of earnings with “I try to warn them, but they just double down.”
When the newly unlocked shares hit the market and the selloff never showed up, some of that short position appears to have started unwinding. TipRanks reported that options activity shifted toward bullish strategies like put selling and risk reversals following the rally, with roughly $600 million in options premium trading Thursday alone. Retail buyers also stepped in during the earnings dip, according to Vanda Research.
The fundamentals behind the stock have not changed much in a week. SpaceX’s revenue nearly doubled year over year to $7.8 billion, with Starlink subscribers doubling to 12 million and the company’s AI segment growing 247 percent. What spooked investors on Tuesday was the spending side. Capital expenditures jumped to more than $18 billion for the quarter, up from $2.8 billion a year earlier, with AI investment alone rising from $749 million to $15.8 billion. Wall Street remains split on whether that spending is building infrastructure SpaceX needs or outrunning what the business can currently support, a debate Teslarati has tracked since shares first came under pressure.
None of that resolves the bigger question hanging over the stock. Thursday’s release was only the first of nine staggered lockup tranches, with roughly $800 billion worth of additional shares scheduled to become eligible through October, and Musk’s own stake stays locked until next June. If this week is any indication, the market is treating that supply as something it can absorb rather than something to fear, at least for now.
News
The Boring Company’s newest Vegas Station has a permit quietly waiting behind it
Sahara Las Vegas opened a new Vegas Loop station, joining an exclusive two resort transit club.
Sahara Las Vegas opened a new Vegas Loop station Thursday, giving The Boring Company’s underground transit system its northernmost stop yet on the Strip. The station sits at Sahara’s Paradise Road entrance, on the southeast corner of Las Vegas Boulevard and Sahara Avenue, and connects riders to the Las Vegas Convention Center, other Strip resorts on the network and, eventually, Harry Reid International Airport.
The addition makes Sahara the second resort, after Fontainebleau opened its own station in January, to get a stop built at street level rather than tucked into the property itself. Sahara now joins Westgate as the only two Strip resorts offering both a Vegas Loop station and a stop on the Las Vegas Monorail, giving guests two separate ways to get around without leaving the property.
The Boring Company just doubled its tunneling power in Nashville
The bigger news buried in Thursday’s announcement is what comes next. Boring Company has already secured its first permit to tunnel north of Sahara Avenue, extending the network beyond where it currently ends, even though permits to push the Loop toward downtown Las Vegas still haven’t been granted. Crews are also working on a two mile dual tunnel line running from Westgate to a planned station at 4744 Paradise Road, just north of Tropicana Avenue, that Las Vegas Convention and Visitors Authority CEO Steve Hill has said the company hopes to open in time for November’s Las Vegas Grand Prix.
Ridership has grown alongside the buildout. The Loop moved roughly 82,000 passengers during CONEXPO in early March, a total the company highlighted on its own X account at the time, and the system has now carried more than 4 million passengers through 11 open stations since it began running in 2021. The airport connector tunnels, meant to give the Loop a direct link to Harry Reid, have slipped past their original first quarter target and remain under construction, with Boring Company director Mike Baier saying that a full opening is still a few months out.
For Sahara, the calculation is straightforward. Convention traffic drives a large share of Loop ridership, and a station at the property’s front door gives conventiongoers one more reason to book rooms on the Strip’s north end instead of closer to the convention center itself.
The Boring Company’s newest tunnel vehicle runs on Tesla parts and no one is driving it
Elon Musk and SpaceX shrugs off the trading day Wall Street feared most
