For the fourth time in nine months, SpaceX has docked a Dragon spacecraft to the International Space Station with a second Dragon already present at the crewed orbital laboratory.
Launched Saturday on a Falcon 9 rocket after a one-day weather delay, SpaceX’s first upgraded Cargo Dragon 2 spacecraft gradually boosted and tweaked its orbit over the course of ~30 hours, looping around the Earth 20+ times before docking with the ISS more than half an hour ahead of schedule. Dragon’s Monday, August 30th arrival marked cargo capsule C208’s second space station docking in nine months, smashing SpaceX and the world’s turnaround record for a reusable orbital space capsule – of which Dragons are the only still flying.
SpaceX’s first twice-flown Crew Dragon was there to greet the first twice-flown Cargo Dragon 2 spacecraft when it docked, having spent the last four months in orbit in support of NASA’s second operational commercial crew mission (Crew-2). A similar instance of a pair Dragons meeting in space is likely to occur at least two more times before the end of 2021.
The first two-Dragons-one-ISS instance occurred just nine months ago when the very same Cargo Dragon 2 spacecraft (capsule C208) rendezvoused and docked with the ISS with SpaceX’s Crew-1 Crew Dragon already attached. At the time, in a number of press conferences and public statements centered around the launch of Crew-1 and CRS-21, SpaceX repeatedly hinted at just how prolific a year 2021 would be for Dragon and it’s hard to argue that the company was exaggerating.
Indeed, exactly as SpaceX foretold, Dragon spacecraft have maintained a continuous presence in orbit and repeatedly operated side by side at the ISS since Crew-1’s November 2021 launch. For the majority of NASA’s Commercial Crew Program development, that degree of continuous, single-provider operations was never meant to happen. SpaceX’s upgraded Cargo Dragon, for example, is one of two independent Commercial Resupply Services (CRS) spacecraft that regularly resupply the space station, ensuring redundancy in the event that one spacecraft or rocket runs into major issues. A third CRS vehicle – Sierra Nevada’s Dream Chaser spaceplane – will also begin cargo deliveries sometime next year.
NASA’s Commercial Crew Program was structured in the same way, with Boeing and SpaceX serving as two redundant crew transport providers. Of course, things didn’t go exactly according to plan and Boeing – despite receiving 60% (~$2B) more funding than SpaceX – has suffered numerous catastrophic issues in recent years, nearly dooming its Starliner spacecraft’s first uncrewed launch in December 2019 and ultimately delaying the company by two or more years.
After further issues delayed Starliner’s uncrewed do-over test flight (OFT-2) from August to late 2021 or early 2022, it’s entirely possible that SpaceX will operate as NASA’s sole crew transport solution for more than 18 months before Boeing flies a single astronaut. In other words, it’s likely that SpaceX will need to maintain the extraordinary cadence of Dragon launches demonstrated in 2021 well into 2022, and possibly even 2023. Since November 2020, SpaceX has launched three Cargo Dragon 2 resupply missions and eight astronauts on two Crew Dragons.
Another two NASA Dragon missions – Crew-3 and CRS-24 – are scheduled to launch in October and December 2021 and SpaceX’s first fully private Inspiration4 Crew Dragon launch could happen as early as September 15th. So long as Boeing’s Starliner is unable to fulfill its crew transport role, all future SpaceX Crew and Cargo missions for NASA – including Crew-3 and CRS-24 – will continue to see one Dragon meet another at the ISS. All told, barring possible delays to CRS-24, SpaceX is on track to launch eight Dragons – four Crew and four Cargo; 16 astronauts and 11 tons of space station supplies – in 13 months.
If Crew Dragon and Cargo Dragon 2 are considered to be two variants of the same Dragon 2 spacecraft, the only other instance in history where another orbital spacecraft came close to eight successful orbital launches in ~13 months was NASA’s Gemini Program, which completed eight crewed test flights in ~14 months in 1965 and 1966.
NASA’s Apollo spacecraft also completed six successful flights (5 crewed, 1 uncrewed) in 13 months in 1968 and 1969. Russian Soyuz vehicles – the most prolific crewed spacecraft in history – have also successfully flown 8 times in 13 months and 9 times in 14 months in the 1970s. Put simply, SpaceX’s Dragon program is now singlehandedly executing at or above the level of the two most prolific national space programs in history at funding peaks that haven’t been touched since and for a fraction of the cost.
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
