News
SpaceX rolls upgraded Super Heavy booster to the launch pad
SpaceX has begun transporting an upgraded Super Heavy booster to its South Texas launch facilities, where the rocket will likely be tested with a rarely used stand known as the ‘can crusher’.
On Wednesday, March 30th, SpaceX scheduled a temporary road closure – indicative of transport operations – on March 31st. The Friday prior, Super Heavy Booster 7 (B7) left the high bay it was assembled in multiple times, only to roll back inside at the end of the day. More likely than not, SpaceX decided to keep working on the booster inside the shelter of the high bay while a different team focused on preparing Starbase’s orbital launch site (OLS) for B7’s arrival. Simultaneously, moving Booster 7 also made room for SpaceX to begin stacking Booster 8, which began the same day.
Work at the pad has centered around one thing in particular: a massive mechanical device affectionately known as the ‘can crusher.’ Made up of two large steel structures, that structural test stand’s primary purpose is, to some degree, to attempt to crush Starship test tanks and Super Heavy prototypes. SpaceX transported the bottom half of the structural test stand to the orbital launch site a few days before Booster 7’s first brief trip outside the high bay.
A few days later, pictured in the tweet above, unofficial aerial photography of Starbase revealed that SpaceX has modified the stand with 13 hydraulic rams, all but guaranteeing that it will be used to test SpaceX’s next Super Heavy. B7 is the first booster designed to use upgraded Raptor V2 engines – and 33 of them, no less. Boosters 3 and 4 had room for 29 older Raptors. That ~14% increase in engine count required a redesigned thrust section, raising the number of central gimballing Raptors from 9 to 13.
Raptor V2’s upgrades are far more consequential, however. On top of major design simplifications that should slash the cost of manufacturing, Raptor V2’s maximum thrust was boosted from about 185 tons to 230+ tons (~410,000-510,000 lbf). Combined with more engines, Super Heavy Booster 7 could theoretically produce around 7600 tons (~16.7M lbf) of thrust at liftoff, while Booster 4 – which never fired even one of its 29 Raptor V1.5 engines – could have produced about 5400 tons (~11.9M lbf). That 40% increase in max thrust likely necessitated a similarly strengthened thrust section, involving a large number of mostly invisible design changes.
Those changes now need to be qualified and it appears that SpaceX may use B7 – an entire Super Heavy booster that could one day fly – to verify their performance instead of a cheaper, more disposable test tank. The first part of that testing will likely involve simulating the thrust of at least 13 of Booster 7’s engines. The test stand’s ‘cap’ could also be installed on top of Booster 7 once it arrives at the pad, possibly allowing SpaceX to simulate both the thrust of all 33 engines and the stress caused by acceleration during launch, reentry, and landing. Finally, SpaceX has begun installing a custom fixture and plumbing that will allow all of that structural testing to occur while Super Heavy is loaded with liquid nitrogen (LN2) or oxygen (LOx), adding another layer of stress.
Assuming the structural test stand is strong enough to support a several-thousand-ton booster, SpaceX could also feasibly complete cryogenic proof tests (with benign LN2 or LOx) and even wet dress rehearsals (with flammable LOx and methane propellant) with the same setup. Fully proofed, Booster 7 could then be fitted with Raptor 2 engines and installed on Starbase’s ‘orbital launch mount’ for static fire testing.
Based on road closures, SpaceX at least wants the option to begin testing Booster 7 as early as Friday, April 1st – the day after it arrives at the launch site. If test readiness slips further to the right, which is likely, additional opportunities are available on April 4th and 5th.
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.
Wedbush Securities is initiating stock coverage on SpaceX (NASDAQ: SPCX), marking the first comments on the company since it went public several weeks ago. Wedbush and its analyst handling coverage, Dan Ives, are widely bullish on fellow Musk company Tesla (NASDAQ: TSLA).
Ives wrote his first note initiating coverage of SpaceX shares on Wednesday with a $190 price target and an ‘Outperform’ rating. The firm believes the company is well positioned off of its IPO because of its wide array of projects, including AI compute power and infrastructure, connectivity projects, and launches.
“We view SpaceX as one of the most differentiated assets within the tech market with a strong footprint across its three core markets, with Starlink driving success with connectivity,” Ives wrote, “Starship launches leading to a demand flywheel and increasing deal flow for its Colossus clusters.”
Elon Musk called it Epic: The full story of SpaceX’s Starship Flight 12
Wedbush leans heavily on Starlink, which they say is the “profitability driver given the strength of its recurring revenue base of ~12 million subscribers as of June 5th.” Ives believes Starlink is still in the “early innings” of penetrating the global telecommunications and broadband market, as it only holds less than a 1 percent share. However, this number is sure to increase over time.
It also highlights the importance of Starship, which it says is an “essential layer” of SpaceX’s overall success. SpaceX developing and displaying the ability to reuse rockets is a major cost and reliability advantage “as it reduces the necessary hardware launch costs while generating a feedback loop for future flights to improve their launch flight rate without accelerating capex spend.”
Finally, SpaceX’s recent AI/Compute projects are also very elementary, Ives writes. It is worth mentioning Wedbush said its $190 price target is derived from a valuation forecast that sees the company yielding roughly $2.48 trillion of implied enterprise value.
There are also some factors that Wedbush did not take into account with its initial coverage. The firm wrote in the note:
“We note that there is optional value coming from Starship’s accelerating scale towards sub-$200/kg unit economics, orbital data centers, and enterprise AI monetization as these factors could drive meaningful upside but these face major hurdles, so we do not take that into account with our valuation.”
SpaceX shares are down just over 2 percent today, trading at around $167 at the time of publication.
Tesla Optimus project fires up as Musk sees production line progress
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
