Update: SpaceX says it and NASA are moving forward with plans to launch a Crew Dragon carrying US, Japanese, and Russian astronauts as early as noon EDT (16:00 UTC) on Wednesday, October 5th.
Concurring with a statement made on October 3rd, SpaceX has also called off a planned October 4th launch of its Starlink 4-29 mission. However, the company has delayed Starlink 4-29 just 24 hours and says that Falcon 9 will launch the latest batch of internet satellites out of California no earlier than (NET) 4:10 pm PDT (23:10 UTC) on October 5th. Intelsat has also confirmed that its Galaxy 33 and Galaxy 34 geostationary communications satellites are scheduled to launch on a Falcon 9 rocket as early as 7:07 pm EDT (23:07 UTC) on October 6th, leaving SpaceX on track to launch three Falcon 9 rockets from three launch pads in 31 hours.
The company achieved a similar feat earlier this year when it launched three Falcon 9 rockets in 36 hours. Three launches in 31 hours would break that record.
SpaceX is on the cusp of launching three Falcon 9 rockets in a handful of days. Minor issues with two of the three missions, however, have complicated the already hard process of coordinating so many launches at the same time.
For many reasons, rocket launches are an inherently difficult thing to schedule, and that difficulty only gets magnified when attempting to launch rockets as quickly as possible for customers with very different needs while using a fixed number of launch pads. SpaceX’s upcoming series of launches demonstrates the slippery nature of high-cadence rocket launch scheduling better than most.
Last month, SpaceX ran into issues (mainly bad weather) that delayed its Starlink 4-34, 4-35, and 4-36 missions by varying degrees. Before those delays, SpaceX had intended to break its LC-40 pad turnaround record with Starlink 4-35 and then repeat the feat with Starlink 4-36, but that opportunity closed when Starlink 4-34’s several weather delays pushed Starlink 4-35 from September 19th to the 24th and raised the risk of the next launch, Starlink 4-36, interfering with customer missions planned in the first half of October.
That burst of customer missions, all of which take priority over SpaceX’s own Starlink missions, meant that a few-day delay for a mission two launches prior ultimately pushed Starlink 4-36 from the end of September to no earlier than October 20th. It will launch out of Cape Canaveral Space Force Station’s (CCSFS) LC-40, the same pad that launched Starlink 4-35 on September 24th and will launch Intelsat’s Galaxy 33 and 34 satellites no earlier than (NET) October 6th and Eutelsat’s Hotbird 13F satellite NET October 13th. All four launches (including Starlink 4-36) are thus contingent upon each other, so a delay with one mission would likely delay each subsequent mission to leave enough time for pad turnaround and rocket processing.
Date Mission Rocket Location Pad 10/04/22 Starlink 4-29 Falcon 9 California VSFB SLC-4E 10/04/22 SES-20/21 Atlas V Florida CCSFS LC-41 10/05/22 Crew-5 Falcon 9 Florida KSC LC-39A 10/06/22 Galaxy 33/34 Falcon 9 Florida CCSFS LC-40 10/13/22 Hotbird 13F Falcon 9 Florida CCSFS LC-40 10/20/22 Starlink 4-36 Falcon 9 Florida CCSFS LC-40
SpaceX isn’t the only company that launches out of Cape Canaveral, Florida. Originally scheduled in late September, the United Launch Alliance’s (ULA) Atlas V launch of the SES-20 and SES-21 geostationary communication satellites was delayed by the same weather system that indirectly hampered Starlink 4-35 and 4-36. That mission is now set to launch NET 5:36 pm EDT (21:36 UTC) on October 4th.
Up first, however, is SpaceX’s Starlink 4-29 mission out of California’s Vandenberg Space Force Base (VSFB). Delayed to October 4th hours before its October 3rd target, the new schedule will give SpaceX “more time for pre-launch checkouts,” Falcon 9 will now lift off as early as 4:48 pm PDT (23:48 UTC), a little over two hours after Atlas V. However, making the whole situation even more interlinked, SpaceX says it will stand down from its October 4th Starlink launch attempt if its next Florida mission – Crew Dragon’s fifth operational NASA astronaut launch – remains on track for its current noon EDT (16:00 UTC), October 5th launch target.
In an October 3rd briefing following a mostly clean launch readiness review (LRR), NASA and SpaceX officials revealed that three new minor issues – “not showstoppers” – had appeared after a busy period of ground testing. An otherwise successful astronaut dry dress rehearsal and a subsequent wet dress rehearsal and static fire uncovered a possible fire extinguisher leak in the Dragon spacecraft and a minor issue with one of the Falcon 9 rocket booster’s nine Merlin 1D engines. A communications issue was also discovered on the SpaceX drone ship Crew-5’s rocket booster is meant to land on in the Atlantic Ocean.
SpaceX and NASA officials weren’t especially worried about the issues and were confident they would be resolved in time for an October 5th launch. If they aren’t and Crew-5 slips to October 6th, SpaceX should be able to launch Starlink 4-29 on October 4th, but then it’s unclear if the company will also be able to launch Intelsat’s Galaxy 33 and Galaxy 34 geostationary communications satellites on the same day as Crew-5. Galaxy 33/34 is scheduled to launch NET 7:07 pm EDT on October 6th, likely ~6 hours after Crew-5’s own October 6th launch window.
If Crew-5 slips and Galaxy 33/34 can’t launch on the same day, it would likely delay both Hotbird 13F and Starlink 4-36. It’s also unclear if Starlink 4-29 can launch on the same day as Crew-5 if it flies after Dragon. Either way, SpaceX could potentially end up launching Crew-5, Galaxy 33/34, and Starlink 4-29 on October 5th and 6th – potentially less than a day and a half apart.
As SpaceX continues to push the limits of what is possible with its existing Falcon launch and landing infrastructure, chaotic scheduling situations like this, where small issues impact large strings of launches, will become the norm instead of the exception
Elon Musk
Tesla Earnings: financial expectations and what we should to hear about
In terms of discussions, Tesla earnings calls are usually a great time to get some clarification on the company’s outlook for its current and future projects.
Tesla (NASDAQ: TSLA) will report its earnings for the first quarter of 2026 this evening after the market closes, and analysts have already put out their expectations from a financial standpoint for the company’s first three months of the year.
Additionally, there will be plenty of things that will be discussed, including the recent expansion of the Robotaxi program, the Roadster unveiling, and Full Self-Driving (Supervised) approvals across the globe.
Financial Expectations
Wall Street consensus expectations put Tesla’s Earnings Per Share (EPS) at $0.36, while revenues are expected to come in around $22.35 billion.
This would compare to an EPS of $0.27 and $19.34 billion compared to Tesla’s Q1 2025. Last quarter, EPS came in at $0.50 on $29.4 billion of revenue.
Tesla beat analyst expectations last quarter, but the next trading day, the stock fell nearly 3.5 percent. We never quite can gauge how the market will respond to Tesla’s earnings; we’ve seen shares rise on a miss and fall on a beat.
It really goes on the news, and investor consensus, it seems.
What to Expect
In terms of discussions, Tesla earnings calls are usually a great time to get some clarification on the company’s outlook for its current and future projects. Right now, the big focus of investors is the Robotaxi program, the Roadster unveiling, and what the outlook for Full Self-Driving’s expansion throughout Europe and the rest of the world looks like.
Robotaxi
Tesla just recently expanded its unsupervised Robotaxi program to Dallas and Houston, joining Austin as the first cities in the U.S. to have access to the company’s ride-hailing suite.
Tesla expands Unsupervised Robotaxi service to two new cities
Some saw this move as a quick effort to turn attention away from a delivery miss and an anticipated miss on earnings. However, we’ve seen Tesla be more than deliberate with its expansion of the Robotaxi suite, so it’s hard to believe the company would make this move if it were not truly ready to do so.
The company is also working to expand its U.S. ride-hailing service outside of Texas and California, and recently filed paperwork to build a Robotaxi-exclusive Supercharger stall.
Expansion is planned for Florida, Nevada, and Arizona at some point this year, with more states to follow.
Roadster Unveiling
The Roadster unveiling was slated for April 1, and then pushed back (once again) to “probably late April,” according to Elon Musk.
It does not appear that the Roadster unveiling will happen within that time frame, at least not to our knowledge. Nobody has received media or press invites for a Roadster unveiling, and given the lofty expectations set for the vehicle by Musk and Co., it seems like something they’d want to show off to the public.
The Roadster has become a truly frustrating project for Tesla and its fans; evidently, there is something that is not up to the expectations Musk and others have. Meanwhile, fans are essentially waiting for something that is six years late.
At this point, also given the company’s focus on autonomy, it almost seems more worth it to just cancel it, remove any and all timelines and expectations, and surprise people with something crazy down the line, maybe in two or three years. There should be no talk of it.
Full Self-Driving Global Expansion
We expect Musk and Co. to shed some details on where it stands with other European government bodies, as it recently was able to roll out FSD (Supervised) to customers in the Netherlands.
Spain is also working with Tesla to assess FSD’s viability as a publicly available option for owners.
With that being said, there should be some additional information for investors as they listen to the call; no talk of it would be a pretty big letdown.
Optimus
There will likely be a date set for the Gen 3 Optimus unveiling, and we’re hopeful Tesla can keep that date set in stone and meet it. Not reaching timelines is a relatively minor issue, but a company can only do this for so long before its fans and investors start to lose trust and disregard any talk about dates.
It seems this is happening already.
Optimus has been pegged as Tesla’s big money maker for the future. The goals and expectations are high, but it is a privilege to have that sort of pressure when investors know the company’s capability.
News
Tesla just unlocked sales to 50,000+ government agencies
It marks a significant step in expanding Tesla’s presence in the public sector, where procurement processes have traditionally slowed electric vehicle adoption.
Tesla just unlocked sales to over 50,000 government agencies by entering a new agreement with Sourcewell, a purchasing cooperative.
Tesla entered a new master purchasing agreement with Sourcewell, the largest government purchasing cooperative in the U.S. This will enable streamlined sales of its EVs to more than 50,000 U.S. public entities. Tesla entered Designated Contract 0813525-TES, and the agreement covers Model 3, Model Y, and Cybertruck, and potentially other vehicles the company could release.
It marks a significant step in expanding Tesla’s presence in the public sector, where procurement processes have traditionally slowed electric vehicle adoption.
The deal allows eligible agencies, including cities, school districts, state governments, and higher-education institutions, to purchase Tesla vehicles directly through Sourcewell without conducting their own lengthy competitive bidding or request-for-proposal (RFP) processes.
Pricing is pre-negotiated and capped, providing transparency and predictability. Agencies simply register for a Sourcewell account online or by phone and place orders under the existing contract. This cooperative model aggregates demand across thousands of members, reducing administrative costs and time while ensuring compliance with public procurement rules.
For Tesla, the agreement removes major barriers to government fleet sales. Public-sector procurement cycles often stretch 12 to 18 months due to bidding requirements and committee reviews.
Tesla buyers in the U.S. military can get $1,000 off Cybertruck purchases
By securing the master contract, Tesla gains immediate, simplified access to a massive customer base that previously faced friction in adopting EVs. The company highlighted in its announcement that the partnership will help these 50,000-plus agencies “save thousands of $$$ in operating costs for their vehicle fleet over time” through lower maintenance, energy efficiency, and the elimination of tailpipe emissions.
The initial four-year term runs through November 13, 2029, with options for up to three one-year extensions, offering long-term stability for both parties.
Sourcewell’s role is central to execution. As a cooperative purchasing organization, it negotiates and manages vendor contracts on behalf of its members, then makes them available nationwide. Participating entities contact Tesla’s dedicated fleet team or Sourcewell representatives to complete purchases, bypassing redundant paperwork.
This structure accelerates fleet electrification while maintaining fiscal accountability—agencies receive pre-vetted pricing and terms without reinventing the wheel for each vehicle order.
The partnership positions Tesla to capture a larger share of the public fleet market, where total cost of ownership often favors electric vehicles once procurement hurdles are removed.
For government buyers, it translates to faster deployment of sustainable fleets, reduced long-term expenses, and alignment with environmental mandates. As more agencies transition, the contract could contribute to broader EV infrastructure growth and taxpayer savings across the country.
Elon Musk
How much of SpaceX will Elon Musk own after IPO will surprise you
SpaceX’s IPO filing confirms Musk will maintain his voting power to make key decisions for the company.
Elon Musk will retain dominant voting control of SpaceX after it goes public, according to the company’s IPO prospectus that was filed with the SEC. The filing reveals a dual-class equity structure giving Class B shareholders 10 votes each, concentrating power with Musk and a handful of other insiders, while Class A shares sold to public investors carry one vote.
Musk holds approximately 42% of SpaceX’s equity and controls roughly 79% of its votes through super-voting shares. He will simultaneously serve as CEO, CTO, and chairman of the nine-member board after the listing. Beyond that, the filing includes provisions that may limit shareholders’ influence over board elections and legal actions, forcing disputes into arbitration and restricting where they can be brought.
The case for Musk holding this level of control is grounded in SpaceX’s actual history. The company’s most important bets, from reusable rockets to a global satellite internet constellation, were decisions that ran against conventional aerospace thinking and would likely have faced resistance from a board accountable to investor gains. Fully reusable rockets were considered economically irrational by established industry players for years. Starlink, which now generates over $4 billion in annual operating profit, was widely dismissed as financially unviable when it was proposed. The argument for concentrated founder control seems straightforward, and the decisions that built SpaceX into what it is today required someone willing to ignore consensus and absorb years of losses.
SpaceX files confidentially for IPO that will rewrite the record books
For context, Musk’s position is significantly more dominant than Zuckerberg’s at Meta. The comparison with Tesla is also worth noting. When Tesla did its IPO in 2010, it did not issue dual-class shares. Musk has only recently pushed for enhanced voting protection, proposing at least 25% control at Tesla in 2024 after selling shares to fund his Twitter acquisition left him with around 13%.
SpaceX has clearly learned from that experience and structured the IPO differently by planning to allocate up to 30% of shares to retail investors, roughly three times the typical norm for a large offering. The roadshow is expected to begin the week of June 8, with a Nasdaq listing rumored to be a $1.75 trillion valuation and a $75 billion raise.
Tesla Earnings: financial expectations and what we should to hear about
Why SpaceX just made a $60 billion bet on AI coding ahead of historic IPO
