News
SpaceX to demonstrate weekly launch cadence: 3 launches in 14 days
LC-39A undergoing repairs and tests after the launch of CRS-11. (/r/SpaceX)
SpaceX is in the process of preparing to launch BulgariaSat-1, with the first attempt scheduled for Saturday, June 17th between 2:10 p.m and 4:10 p.m. EST. BulgariaSat-1 will be Bulgaria’s second satellite ever and will act as a telecommunications hub in geostationary orbit, around 30,000 miles above Earth.
Following a highly successful launch and docking of the eleventh cargo mission of its Dragon spacecraft, Launch Complex 39A has since undergone routine checks to verify its condition and has likely been lightly repaired. The static fire for the upcoming mission is scheduled as early as tomorrow. Both the static fire and launch were pushed back two days due to a 48 hour delay of the CRS-11 launch.
The launch of BulgariaSat-1 is already exceptional for several reasons. First and foremost, the Falcon 9 first stage to be used in the upcoming mission has already flown once before, assisting in the successful launch of Iridium’s first ten NEXT satellites in early January of this year. It will thus mark the second time SpaceX has truly reused a Falcon 9 first stage. There has even been a bit of circumstantial evidence that the choice to launch on a recovered F9 resulted in BulgariaSat-1 being moved ahead of Intelsat 35e, which is now scheduled for no earlier than July 1st. Regardless, another successful reuse will be a boon for a SpaceX in the throes of an unprecedentedly busy year of launches by once again demonstrating the viability of their program of reuse and thus hopefully swaying more customers to take the leap to reused rocket cores.
The second reason, as touched on above, is that BulgariaSat-1 will mark the beginning of a two week period in which SpaceX could potentially conduct three separate launches, two at Cape Canaveral and one at Vandenberg Air Force Base. If successful, this would demonstrate weekly single-vehicle launch cadence, something that has not been seen in the launch industry in quite some time. This weekly cadence, if successful, will demonstrate a maturing company that is truly preparing for extraordinary launch cadence. By using two pads, one in California and one in Florida, SpaceX will still be able to provide two weeks between launches in order to prepare each launch site for the next launch, while effectively launching once a week. While Vandenberg Air Force Base can only support polar orbit launches, LC-40 is currently deep into the process of being repaired and reactivated following the failure of a Falcon 9 late last year.
With LC-40 preparing for reactivation sometime in August or September, SpaceX will find themselves at long last with two viable all-purpose launch pads in very close proximity to each other. By staggering launches on each pad and continuing to maintain the two week pad turnaround time after launches, SpaceX could theoretically begin to sustain regular weekly launches as few as three months from now. A successful weekly cadence this month could reinforce that such a sequence of events is a possibility.
Iridium NEXT 1’s Falcon 9 first stage after recovery in the Pacific Ocean. (SpaceX)
SpaceX has long been working to rapidly increase its ability to launch frequently, and this year has been an exceptional example of several pieces fitting together. The company has begun to use an automated flight termination system, which will allow them to rely less upon the availability of Cape Canaveral’s Range Officers while crafting their manifest and launch schedules. Normally, the flight termination system in rockets is monitored by an actual team of people who have barely a few seconds to decide if rocket telemetry is less than nominal and prevent what is effectively a large missile from impacting populated areas. SpaceX has replaced this with an arguably much safer approach dependent upon their mature autonomous avionics systems, simply meaning that computers on board their rockets and spacecraft automatically analyze telemetry and control vehicle performance and guidance. SpaceX has been testing this system in a way that is almost identical to Tesla’s method of installing inert autonomy software that can learn without actually controlling the vehicle, and it is consequently only now being implemented after SpaceX and the Air Force have a high degree of confidence that it will outperform its human colleagues.
The ultimate goal of this automated flight termination system (AFTS), as well as many other significant changes to both the hardware of pads and vehicles, is to eventually allow SpaceX to accomplish Elon Musk’s long fabled and oft-ridiculed goal of 24-hour reusability, and thus 24-hour launch cadence. SpaceX and the USAF have both stated that AFTS alone will likely allow Cape Canaveral to support up to 48 launches a year. While shared between ULA and SpaceX, even 36 launches a year would effectively leave SpaceX with a shrinking launch manifest and significantly increased revenue and profit. This would speculatively allow them to more rapidly develop their pursuits of Mars, a vast constellation of broadband satellites, and more.
BulgariaSat-1 being prepared for launch. (SSL)
Nevertheless, this is all of course speculation and dependent upon many things going well. If SpaceX is able to successfully launch BulgariaSat-1 on June 17th, Iridium NEXT 2 on the 25th, and Intelsat 35e on July 1st, they will have successfully demonstrated the ability to support a weekly launch cadence and will have to do little more than wait for the availability of a second East coast pad to begin to take full advantage of it.
With ten launches scheduled between now and October and ten more launches scheduled between October and the end of December, it is guaranteed to be one incredible year for SpaceX and their fans.
Tesla (NASDAQ: TSLA) reported its earnings for the third quarter of 2026, marking a reasonable performance on the various financial metrics. Tesla still plans to hold a call that will field investor questions at 5:30 p.m. ET, 4:30 p.m. CT.
Here’s where Earnings came in:
- Total Revenues: $28.095 reported vs. $28.34B expected
- Non-GAAP EPS: $0.50 reported vs. $0.45 expected
- Operating Margin: 5.8% reported vs. 2.5% expected
- Operating Income: $1.624B reported vs. $721M expected
- Free Cash Flow: $3.99B reported vs. ~-$4.51B expected
🚨 Tesla $TSLA Earnings Results:
Total Revenues: $ $28.095 reported vs. $28.34B expected
Non-GAAP EPS: $0.50 reported vs. $0.45 expected
Operating Margin: 5.8% reported vs. 2.5% expected
Operating Income: $1.624B reported vs. $721M expected
Free Cash Flow: $3.99B reported vs. ~-$4.51B expected— TESLARATI (@Teslarati) October 21, 2026
Major Takeaways
Full Self-Driving (Supervised)
“FSD (Supervised)⁴ attach rate continued to grow, reaching over 75% of new vehicle deliveries in North America – our most mature market – a nearly twenty percentage point sequential increase. We believe that FSD is driving demand in markets where it is available, and we continue to work with regulators to get it approved in other markets.”
Tesla Semi
“We began volume production of Tesla Semi, our Class 8 heavy-duty truck. The top variant can go 500 miles at full 82,000 lbs gross combination weight while achieving an efficiency of 1.7 kWh/mile. That efficiency allows the Tesla Semi to use a third of the energy used by a comparable diesel truck to haul the same payload. In a transportation market where energy is one of the largest components of total cost per mile, this will provide a meaningful advantage to Tesla Semi operators.”
SI Compute
“We plan to reach 400 MW of SI training compute by the end of the year, supporting the development of both vehicle and humanoid robot autonomy software. Additionally, we continued construction for the Austin Fab, where we plan to start commissioning equipment in 2027.”
Robotaxi
“We began deployment of Cybercab into our Robotaxi fleet in Austin. We reached nearly two million cumulative unsupervised miles for our Robotaxi service as of the end of the quarter. Operating hours in Austin are now 6am to midnight, and we expect to reduce wait times via increased fleet supply and improvement of Robotaxi orchestration algorithms. Grok is available in Cybercab with access to Grok Bot and Connectors, which allows users to manage their inbox, calendars, files, chats and tasks – all hands free via voice command – making Cybercab a mode of transport, a productivity space and, with our entertainment options, a second living room.”
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Tesla (NASDAQ: TSLA) reports its earnings for Q3 today. Here’s what to expect, as the company will reveal its balance sheet after the market closes on Wednesday.
Tesla already reported deliveries just after Q3 ended, and it demolished Wall Street consensus estimates of roughly 462,000 vehicles. Tesla delivered 486,532 cars in the third quarter, which was a big beat, but was down 2.1 percent from the same quarter last year. Energy storage deployments were 13.7 GWh, up year-over-year.
Tesla showrooms picked clean ahead of Q3 end as demand looks strong
For the quarter, analysts have already compiled their predictions for what Tesla will report this afternoon:
- Total Revenues: $28.34B
- Non-GAAP EPS: $0.43
- Operating Margin: 2.5%
- Operating Income: $721M
- Free Cash Flow: ~-$4.51B
Here are a few things we are looking forward to hearing about on the call:
Automotive Gross Margin and Overall Profitability
This was 16.3 percent in Q2, down from 19.2 percent in Q1, and was impacted by warranty charges and some fading regulatory credits. Consensus implies overall gross margin near 18 percent, but a miss here would potentially reinforce concerns about pricing pressure on its vehicles.
Pay attention to energy storage margins as well, especially since Tesla missed GWh expectations, although it was still a strong quarter.
Robotaxi/Cybercab, Unsupervised FSD, and Optimus Progress
The Say questions from retail investors usually focus on these types of projects, and this quarter is no different. Scaling the Cybercab fleet beyond Austin amid the open NHTSA safety review, timeline for Unsupervised FSD in customer cars, Robotaxi unit economics, and Optimus cost per unit plus when it could start generating revenue, are all things to be looking for.
Any concrete timelines or regulatory path details will likely move the stock more than the near-term numbers. SpaceX merger speculation, which was detailed during SpaceX’s earnings call last night, may also surface, although the key details were shared last night.
Elon Musk just confirmed the Tesla and SpaceX merger step everyone was waiting for
Say Investor Questions
- How does the Cybercab fleet scale past Austin, and what’s the regulatory path outside Texas given NHTSA’s open safety review?
- When can we anticipate FSD unsupervised in customer cars?
- When will the CyberCab be available for customer purchase/ownership?
- What’s the unit economics per paid robotaxi mile, and how does it compare to the thirty-cent target?
- Tesla has acknowledged that HW3 vehicles cannot support unsupervised FSD. When will owners know whether they can upgrade their hardware for free, and when will Tesla provide a clear plan?
The full Earnings Call will be streamed this evening after market close around 5 p.m. this evening.
SpaceX confirmed the date of Starship’s 15th launch window with some massive ambitions for the mission, as it will attempt to catch Ship for the first time.
CEO Elon Musk confirmed during SpaceX’s Earnings Call last night on October 20 that it would launch Starship for its 15th test flight in November, and there are some incredible things the company wants to try, making it perhaps the most groundbreaking launch in the program’s history.
SpaceX delivers blockbuster Q3 results as Super Intelligence segment booms
The most major development of the call was SpaceX’s intention to catch Ship alongside catching the Super Heavy Booster, something that has happened in the past. SpaceX showed an animation of the Ship catch, which will be done on the launch tower’s chopsticks:
SpaceX has released a new Starship tower catch animation for the upcoming Flight 15! https://t.co/kStn01Da8u
— Truthful🛰️ (@Truthful_ast) October 20, 2026
This monumental goal is to catch both the Ship and Booster in a dual-catch scenario, an incredible feat since SpaceX has never been able to reuse a Ship after launch. Musk said it would be “the first time that an orbital launch vehicle has been fully recovered,” and said it would be a “profound technology milestone.”
Musk said the odds of success on this first Ship catch attempt are “more likely than not,” but SpaceX is ultimately prepared for more tries moving forward. The SpaceX frontman said that, starting next year, Starship would have a “steady stream” of flights through the end of the year.
The cadence will accelerate in 2027, with Musk stating the company plans to target weekly flights in the first half of 2027 and twice-weekly by year-end.
The Flight 15 attempt follows that of Flight 14, which took off in late September and was Starship’s first orbital mission. It deployed 26 Starlink V3 satellites, accomplished a controlled ocean splashdown of both stages, and shed more light on potential challenges for the program moving forward.
As of now, the Starship program is firing on all cylinders.
Interested in ordering a Tesla? Use my referral code for three free months of Full Self-Driving (Supervised) here.
Tesla Q3 2026 Earnings results: in-line revenues, slight beat on EPS
Tesla reports Q3 Earnings today: here’s what to expect
