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
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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!
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Tesla CEO Elon Musk said that flying cars will be coming to the market, something that his own company has hinted at previously.
Musk said on X, in response to a post that read, “We were promised flying cars and all we got is infinite superintelligence for everyone,” “You will get flying cars.”
You will get flying cars
— Elon Musk (@elonmusk) August 12, 2026
The post rang back to when Musk teased flying and hovering capabilities for the Tesla Roadster, the company’s supercar that has been delayed more times than anyone cares to count. It was set for an unveiling earlier this year, but it was then pushed back to August. There is still no sign of it coming.
However, that does not mean it won’t. But one of the biggest features of the Roadster that was teased was a SpaceX package that featured cold gas thrusters on the rear end that would help with white-knuckle acceleration. Another set would face the ground and would help the Roadster gain small bits of altitude, potentially helpful to jump over obstacles.
Elon Musk hints at Tesla Roadster’s “hovering” abilities in SpaceX package
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But it is not a straightforward thing for Musk. As a serial entrepreneur, he tends to spend his time on major disruptors; currently, his largest projects are artificial intelligence and compute power, as well as SpaceX’s launches that will eventually make life multiplanetary.
In the past, he has been critical of flying cars and has been in favor of tunnels, one of the big reasons he started the Boring Company. In 2017 at a TED talk, he said:
“There is a challenge with flying cars in that they’ll be quite noisy. The wind force generated will be very high. Let’s just say that if something’s flying over your head, if there are a whole bunch of flying cars all over the place, that is not an anxiety-reducing situation…You’re thinking, ‘Did they service their hubcap? Or is it going to come off and guillotine me as they’re flying past?’”
However, he’s never been against them. He has also said he’s in favor of both tunnels and flying cars.
Contrary to press reports, I’m not against flying cars. Just said it was important to consider both pros and cons.
— Elon Musk (@elonmusk) March 24, 2015
Most recently, Musk said that anyone who wants a flying car should be able to get one. This was stated last October on the Joe Rogan Experience:
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“My friend Peter Thiel once reflected that the future was supposed to have flying cars, but we don’t have flying cars… I think if Peter wants a flying car, we should be able to buy one.”
Whether the Roadster will be Tesla’s flying car or potentially another one remains in the mind of Musk. Of course, the Roadster will have to make its way to production lines before we find out.
Elon Musk
SpaceX’s next trillion dollar bet has nothing to do with rockets, Musk tells staff
Elon Musk told SpaceX staff AI revenue will soon dwarf rockets and Starlink combined entirely.
Elon Musk told SpaceX employees this week that artificial intelligence, not rockets, will soon carry the company’s revenue. In a roughly 29 minute internal address posted on SpaceX’s X account on Tuesday, Musk said AI revenue will pass every other line of business at SpaceX “probably in September” and pull further ahead by the fourth quarter.
The numbers he gave are specific. SpaceX currently runs 1.4 gigawatts of AI compute capacity. Musk wants that at 10 gigawatts by the end of 2027, a jump he tied directly to revenue: “if we bring 10GW of AI online by the end of next year, it will be $300 billion to $500 billion a year in revenue.” He called those “big numbers,” which undersells a projection larger than what most countries produce in a year.
We made rockets reusable and are rebuilding the internet in space. The next challenge: making life multiplanetary and understanding the true nature of the universe
Watch @ElonMusk deliver a company update to @SpaceX employees pic.twitter.com/5c8rxoCQfu
— SpaceX (@SpaceX) August 11, 2026
Musk went further on where AI fits into SpaceX’s future. “Probably in four or five years, AI will be 99% of the value of SpaceX,” he told staff, adding that digital intelligence would eventually run “a trillion times” ahead of biological intelligence as computing scales. He tied that growth to the company’s founding mission, telling employees “we must win on AI, because the future is overwhelmingly AI and robots,” with the payoff meant to help fund Starship and a Mars program that increasingly runs through Terafab, the joint Tesla, SpaceX and xAI chip plant.
Elon Musk launches TERAFAB: The $25B Tesla-SpaceXAI chip factory that will rewire the AI industry
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None of this is entirely new territory. SpaceX told investors much the same story during its first earnings call as a public company on August 4, where Musk moved the company’s $1 trillion revenue target up a year to 2030 and said Starlink could someday carry a majority of the world’s internet. What the all hands video adds is a hard deadline and a specific power figure Musk had not given publicly before, along with a franker pitch to his own workforce that AI, not launch cadence, is now the thing SpaceX is betting its future on.
The AI revenue itself is not coming from SpaceX training its own models. It is largely Starlink acting as the network layer for xAI’s workloads, plus SpaceX renting out compute capacity directly, the same approach behind the roughly $16 billion the company spent on AI infrastructure in a single quarter.
Musk closed the video with a pitch aimed at recruiting and retention rather than investors, telling employees that anyone who helps SpaceX win the AI race will eventually get the chance to go to the moon or Mars themselves. Whether SpaceX can turn 1.4 gigawatts into 10 in seventeen months is the more immediate question, and one that will show up in quarterly numbers well before anyone leaves Earth.
In a new note to investors on Tuesday, Morgan Stanley analyst Andrew Percoco said that Tesla has one big financial question to answer for investors regarding its Robotaxi rollout, Full Self-Driving software, and Optimus.
Percoco said in the note that, for the most part, investors are still very positive about the direction the company is headed. However, there are some things the firm would like to see, and they have to do with financials.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Tesla bulls are more than convinced that the company’s Full Self-Driving software is proof it can develop physical AI. Financially, however, there are still some questions, especially on elevated spending, which CEO Elon Musk said would occur as the company works to roll out Robotaxi faster and continue developing its Optimus robot.
The latter two are where Tesla will have to prove progress to investors, as Percoco writes that both projects “will require clearer evidence that Robotaxi is scaling and more tangible Optimus proof points to support the ROI on elevated capex.”
Percoco said the second quarter earnings call did not change his long-term thesis of where Tesla is positioned in the AI race, which is out in front. However, there are concerns that weaker gross margins and higher R&D spend will stress financials, and that has “sharpened our (and investors’) focus on measurable progress across Robotaxi and Optimus.”
Additionally, Robotaxi still needs to be proven with more operation in existing cities while maintaining safety but improving how many rides it gives in any given time, he said. For Optimus, Percoco wrote that he is “still looking for evidence beyond commentary around SOP.”
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Morgan Stanley put Percoco in charge of covering Tesla after long-time analyst Adam Jonas transitioned to the automotive side.
Currently, Morgan Stanley has a $415 price target on Tesla and a ‘Hold’ rating on the stock. It is trading at around $330 at the time of publication, which was 2:30 P.M. on the East Coast.
Tesla CEO Elon Musk says flying cars are coming
SpaceX’s next trillion dollar bet has nothing to do with rockets, Musk tells staff
