News
SpaceX customer reaffirms third Falcon Heavy mission’s Q2 2019 launch target
Taiwan’s National Space Organization (NSO) has reaffirmed a Q2 2019 launch target for SpaceX’s third-ever Falcon Heavy mission, a US Air Force-sponsored test launch opportunity known as Space Test Program 2 (STP-2).
Set to host approximately two dozen customer spacecraft, one of the largest and most monetarily significant copassengers riding on STP-2 is Formosat-7, a six-satellite Earth sensing constellation built with the cooperation of Taiwan’s NSO and the United States’ NOAA (National Oceanic and Atmospheric Administration) for around $105M. If successfully launched, Formosat-7 will dramatically expand Taiwan’s domestic Earth observation and weather forecasting capabilities, important for a nation at high risk of typhoons and flooding rains.
Formosat-7, the latest generation of the series, is jointly developed by #Taiwan’s National Space Organization and the #US National Oceanic and Atmospheric Administration following an agreement signed in 2010. https://t.co/7hj2ijFutZ
— Asia Times (@asiatimesonline) January 7, 2019
Although Taiwan officials were unable to offer a target more specific than Q2 2019 (April to June), it’s understood by way of NASA comments and sources inside SpaceX that STP-2’s tentative launch target currently stands in April. For a number of reasons, chances are high that that ambitious launch target will slip into May or June. Notably, the simple fact that Falcon Heavy’s next two launches (Arabsat 6A and STP-2) are scheduled within just a few months of each other almost singlehandedly wipes out any possibility that both Heavy launches will feature all-new side and center boosters, strongly implying that whichever mission flies second will be launching on three flight-proven boosters.
To further ramp up the difficulty (and improbability), those three flight-proven Block 5 boosters would have to launch as an integrated Falcon Heavy, safely land (two by landing zone, one by drone ship), be transported to SpaceX facilities, and finally be refurbished and reintegrated for their second launch in no more than 30 to 120 days from start to finish. SpaceX’s record for Falcon 9 booster turnaround (the time between two launches) currently stands at 72 days for Block 4 hardware and 74 days for Block 5, meaning that the company could effectively need to simultaneously break its booster turnaround record three times in order to preserve a number of possible launch dates for both missions.
Look who was waving at passing planes over McGregor today!
A Falcon Heavy side booster on the McGregor test stand for a static fire test. pic.twitter.com/S7af6b0gHk
— NSF – NASASpaceflight.com (@NASASpaceflight) November 18, 2018
If it turns out the USAF is actually unwilling to fly its first Falcon Heavy mission on all flight-proven boosters (a strong possibility) or that that has never been the plan, STP-2’s claimed Q2 2019 target would likely have to slip several months into 2019. This would afford SpaceX more time and resources to build an extra three new Falcon Heavy boosters (two sides, one center), each of which requires a bare minimum of several weeks of dedicated production time and months of lead time (at least for the center core), all while preventing or significantly slowing the completed production of other new Falcon boosters.
The exact state of SpaceX’s Falcon 9 and Heavy production is currently unknown, with indications that the company might be building or have already finished core number B1055 or higher, but it’s safe to say that there is not exactly a lot of slack in the production lines in the first half of 2019. Most important, SpaceX likely needs to begin production of the human-rated Falcon 9 boosters that will ultimately launch the company’s first two crewed Crew Dragons as early as June and August, respectively.
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- Falcon Heavy is seen here lifting off during its spectacular launch debut. (SpaceX)
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- LZ-1 and LZ-2, circa February 2018. (SpaceX)
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- A Falcon Heavy side booster was spotted eastbound in Arizona on November 10th. (Reddit – beast-sam)
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- The second Falcon Heavy booster in four weeks was spotted Eastbound in Arizona by SpaceX Facebook group member Eric Schmidt on Dec. 3. (Eric Schmidt – Facebook)
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- The second (and third) flight of Falcon Heavy is even closer to reality as a new side booster heads to Florida after finishing static fire tests in Texas. (Reddit /u/e32revelry)
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- The next Falcon Heavy’s first side booster delivery was caught by several onlookers around December 21. (Instagram)
If the first Falcon 9 set to launch an uncrewed Crew Dragon (B1051) is anything to go off of, each human-rated Falcon 9 is put through an exceptionally time-consuming and strenuous range of tests to satisfy NASA’s requirements, requiring a considerable amount of extra resources (infrastructure, staff, time) to be produced and readied for launch. B1051 likely spent 3+ months in McGregor, Texas performing checks and one or several static fire tests, whereas a more normal Falcon booster typically spends no more than 3-6 weeks at SpaceX’s test facilities before shipping to its launch pad.
Ultimately, time will tell which hurdles the company’s executives (and hopefully engineers) have selected for its next two Falcon Heavy launches: an extraordinary feat of Falcon reusability or a Tesla-reminiscent period of Falcon production hell?
For prompt updates, on-the-ground perspectives, and unique glimpses of SpaceX’s rocket recovery fleet check out our brand new LaunchPad and LandingZone newsletters!
Elon Musk
Trump’s invite for Elon just reshuffled Tesla’s big Signature Delivery Event
Tesla rescheduled its final Model S farewell to May 20 after Musk joined Trump in China.
Tesla has rescheduled its Model S and Model X Signature Edition delivery event to Wednesday, May 20, 2026, after abruptly calling off the original May 12 celebration. The event will take place at Tesla’s factory at 45500 Fremont Boulevard in Fremont, California, the same location where the Model S first rolled off the line in 2012. Invitees received a follow-up email asking them to reconfirm attendance and download a new QR code ticket, with Tesla noting that all travel and accommodation expenses remain the buyer’s responsibility.
The reason behind the original cancellation came into focus the same day it was announced. President Trump invited Elon Musk, Apple’s Tim Cook, BlackRock’s Larry Fink, Boeing’s Kelly Ortberg, and executives from Goldman Sachs, Blackstone, Citigroup, and Meta to join his trip to China this week for a summit with President Xi Jinping. The agenda covers trade, artificial intelligence, export controls, Taiwan, and the Iran war, following weeks of escalating friction between Washington and Beijing over AI technology, sanctions, and rare earth exports. Trump wrote on Truth Social, “I am very much looking forward to my trip to China, an amazing Country, with a Leader, President Xi, respected by all.”
Tesla launches 200mph Model S “Gold” Signature in invite-only purchase
The vehicles at the center of all this are the last Model S and Model X units Tesla will ever build. Priced at $159,420 each, the 250 Model S and 100 Model X Signature Edition units come finished in Garnet Red with a one-year no-resale agreement, giving Tesla right of first refusal if the owner decides to sell. As Teslarati reported, the Model S defined Tesla’s early identity as a serious luxury automaker, and the Fremont factory line that built it is now being converted to manufacture Optimus humanoid robots.
Musk’s inclusion in the China delegation drew attention given his very public relationship with Trump, and the invitation signals the two have moved past and past grievances. Trump originally brought Musk on to lead the Department of Government Efficiency following his inauguration, and despite a sharp public dispute in mid-2025, the two have appeared together repeatedly in recent months. A seat on the China trip, the most diplomatically consequential visit of Trump’s current term, puts Musk back at the table on U.S. economic policy at a moment when Tesla’s China revenue remains one of the company’s most important financial pillars.
Tesla has launched a new solution to a rare but relevant Supercharger problem with a new Virtual Waitlist, a remedy that will solve sequencing confusion when there is a line to charge at one of the company’s locations.
Teslarati reported on what we called the Virtual Queue last month. In rare occurrences, there were physical altercations at Superchargers when someone might have cut in line to charge. Tesla started to develop some sort of system that would resolve this issue, and now it is finally rolling it out.
Tesla launches solution to end Supercharger fights once and for all
It will start with a Pilot Program, and Tesla is calling it the ‘Waitlist.’
Announced on May 11 on the official TeslaCharging X account, the pilot program is currently active at sites in Los Gatos, Mountain View, and San Francisco in California, as well as San Jose, CA, and the Bronx, NY (East Gun Hill Road). Drivers are encouraged to share feedback directly through the Tesla app to refine the system before a potential broader rollout.
We’re now testing a new waitlist feature at 5 Supercharger sites. Share feedback through the Tesla app to help us make it better.
– Los Gatos, CA – Los Gatos Boulevard
– Mountain View, CA – El Monte Avenue
– San Francisco, CA – Lombard Street
– San Jose, CA – Saratoga Avenue
-… pic.twitter.com/epTVzpJxgW— Tesla Charging (@TeslaCharging) May 11, 2026
Tesla released the video above to showcase the feature, which automatically joins the waitlist when your vehicle has the Supercharger with the wait as the destination in the navigation. There is also a notification that lets you know your place in line.
In this specific example, the video shows that the wait is less than five minutes, and that there are two cars ahead of the one in the video:
Credit: Tesla
Having a wait at a Supercharger is relatively rare, but it does happen. It is even more frequent now that there are more EVs allowed to use the Supercharger Network. Those non-Tesla EVs can also join the queue, as Tesla added in its social media release of the pilot program that they can join the waitlist using the Tesla app.
The release of this program should help alleviate the rare risk of incidents at Superchargers. Tesla will expand this program as it sees fit, and it gathers valuable data and reviews from users.
Investor's Corner
Tesla Optimus is already benefiting investors, top Wall Street firm says
Piper Sandler has updated its detailed valuation model for Tesla (NASDAQ: TSLA), concluding that at recent share prices around $400–$420, investors are essentially acquiring the company’s ambitious Optimus humanoid robot project at no extra cost.
Tesla Optimus is already benefiting investors from a fiscal standpoint, at least that is what Alexander Potter at Piper Sandler, a top Wall Street firm covering the company, says.
Piper Sandler has updated its detailed valuation model for Tesla (NASDAQ: TSLA), concluding that at recent share prices around $400–$420, investors are essentially acquiring the company’s ambitious Optimus humanoid robot project at no extra cost.
Analyst Alexander Potter, in the firm’s latest “Definitive Guide to Investing in Tesla,” built a comprehensive framework covering 17 separate product lines.
This granular approach values Tesla’s core businesses—including electric vehicles, energy storage, Full Self-Driving (FSD) software, in-house insurance, Supercharging network, and a standalone robotaxi operation—at approximately $400 per share, without assigning any value to Optimus or related inference-as-a-service opportunities.
“At $400/share, we think investors can buy Optimus for ‘free,’” Potter stated in the note. Piper Sandler maintained its Overweight rating on Tesla shares and a $500 price target, which implicitly attributes roughly $100 per share to the robot-related businesses— a figure the analyst views as potentially conservative.
The updated model incorporates elements often overlooked by other sell-side analysts, such as detailed forecasts for Tesla’s insurance operations, Supercharger revenue, and a distinct valuation for the robotaxi business separate from FSD software licensing. It also accounts for Tesla’s 2025 CEO compensation plan for the first time.
Potter acknowledged that his estimates for 2026 and 2027 fall below Wall Street consensus, citing factors like declining deliveries from certain discontinued models and reduced regulatory credit income.
However, he expressed limited concern, noting that traditional vehicle delivery metrics are expected to matter less over time as FSD subscriber growth and robotaxi deployment metrics gain prominence. On Optimus specifically, Potter suggested the humanoid robot program, combined with inference services, “arguably will be worth more than Tesla’s other businesses combined,” though the firm has not yet produced formal long-term forecasts for these segments.
Tesla shares have traded near the $400 range in recent sessions, reflecting ongoing investor focus on the company’s autonomous driving progress and expansion into robotics and AI. The Optimus project remains in early development stages, with Tesla aiming to deploy the robots initially for internal factory tasks before broader commercial applications.
This Piper Sandler analysis highlights the growing emphasis among some investors and analysts on Tesla’s long-term technology platform potential beyond its current automotive and energy businesses.
As with any forward-looking valuation, outcomes will depend on execution timelines, technological breakthroughs, regulatory approvals for autonomous systems, and market adoption of humanoid robotics—areas that carry significant uncertainty and execution risk.
The note underscores a common theme in Tesla coverage: differing views on how to quantify emerging high-growth opportunities like robotics within the company’s overall enterprise value. Investors are advised to consider their own risk tolerance and conduct thorough due diligence regarding these speculative elements.
Trump’s invite for Elon just reshuffled Tesla’s big Signature Delivery Event
Tesla launches its solution to rare but relevant Supercharger problem
