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SpaceX’s twelfth launch and ninth recovery of 2017 ready for a Thursday liftoff

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After conducting a successful static fire on Saturday, August 19, SpaceX is ready to undertake their 12th launch of 2017 and the 40th launch of Falcon 9.

The launch window begins Thursday, August 24, at 11:51 a.m. PST and lasts for approximately 40 minutes, allowing for flexibility in the event of a simple scrub or abort. It will see Falcon 9 carry Formosat-5 into a sun-synchronous orbit approximately 600-1000km above the surface of the Earth, where it will be able to best carry out its duties of remote sensing and Earth observation. Developed by Taiwan’s National Space Organization, the satellite will be the country’s first indigenous remote sensing platform in orbit.

Formosat-5 was originally contracted to launch aboard Falcon 1, SpaceX’s first orbital launch vehicle. Much smaller than Falcon 9, the original choice of launch vehicle made more sense given the satellite’s small mass of approximately 500 kilograms. After many years of delays, SpaceX had instead arranged for the satellite to be launched as a co-passenger alongside Spaceflight Industries’ first SHERPA launch, an orbital tug and dispenser that would have placed approximately 90 satellites of different sizes into unique orbits. However, after SpaceX experienced two catastrophic failures of Falcon 9 within a period of less than a year and a half, Spaceflight chose to rebook all of those passenger satellites on other launches. In spite of the apparent drama, Spaceflight and SpaceX still plan to work together in the future and SpaceX has several SHERPA launches scheduled over the next several years.

Given the size of Formosat-5 compared to Falcon 9, the satellite will be downright minuscule inside the vehicle’s cavernous payload fairing. While it has been reasonably argued that the dedication of an entire Falcon 9 for a 500 kg payload hints at a significant level of inefficiency in the launch industry, the small payload will allow Falcon 9 to attempt an unusually easy recovery on the ASDS Just Read The Instructions. The fifth West-coast mission for SpaceX, the Falcon 9 will lift off from Vandenberg Air Force Base, California before landing in the Pacific Ocean around ten minutes after launch. The choice to land in the ocean has sparked curiosity among fans after photos suggested that SpaceX’s West coast landing zone is complete and all necessary permits and environmental impact reviews have been successfully completed.

SpaceX’s VAFB Landing Zone can be seen in its near-complete state on the left. (NASASpaceflight/Chris Gebhardt)

SpaceX’s only other West-coast missions, seven contracted launches of Iridium’s NEXT constellation, are understood to be too heavy to provide the fuel margins necessary for Falcon 9 to return to the launch site for a landing. As such, the company’s West coast pad may well remain unused well into the future, and SpaceX may simply have chosen to focus their pad engineers on the far more pressing and time sensitive work going on at SpaceX’s East coast launch facilities.

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Eric Ralph is Teslarati's senior spaceflight reporter and has been covering the industry in some capacity for almost half a decade, largely spurred in 2016 by a trip to Mexico to watch Elon Musk reveal SpaceX's plans for Mars in person. Aside from spreading interest and excitement about spaceflight far and wide, his primary goal is to cover humanity's ongoing efforts to expand beyond Earth to the Moon, Mars, and elsewhere.

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Elon Musk

Elon Musk teases previously unknown Tesla Optimus capability

Elon Musk revealed over the weekend that the humanoid robot should be able to utilize Tesla’s dataset for Full Self-Driving (FSD) to operate cars not manufactured by Tesla.

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Credit: @heydave7/X

Elon Musk revealed a new capability that Tesla Optimus should have, and it is one that will surely surprise many people, as it falls outside the CEO’s scope of his several companies.

Tesla Optimus is likely going to be the biggest product the company ever develops, and Musk has even predicted that it could make up about 80 percent of the company’s value in the coming years.

Teasing the potential to eliminate any trivial and monotonous tasks from human life, Optimus surely has its appeal.

However, Musk revealed over the weekend that the humanoid robot should be able to utilize Tesla’s dataset for Full Self-Driving (FSD) to operate cars not manufactured by Tesla:

FSD would essentially translate from operation in Tesla vehicles from a driverless perspective to Optimus, allowing FSD to basically be present in any vehicle ever made. Optimus could be similar to a personal chauffeur, as well as an assistant.

Optimus has significant hype behind it, as Tesla has been meticulously refining its capabilities. Along with Musk’s and other executives’ comments about its potential, it’s clear that there is genuine excitement internally.

This past weekend, the company continued to stoke hype behind Optimus by showing a new video of the humanoid robot learning Kung Fu and training with a teacher:

Tesla plans to launch its Gen 3 version of Optimus in the coming months, and although we saw a new-look robot just last month, thanks to a video from Salesforce CEO and Musk’s friend Marc Benioff, we have been told that this was not a look at the company’s new iteration.

Instead, Gen 3’s true design remains a mystery for the general public, but with the improvements between the first two iterations already displayed, we are sure the newest version will be something special.

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Investor's Corner

Cantor Fitzgerald reaffirms bullish view on Tesla after record Q3 deliveries

The firm reiterated its Overweight rating and $355 price target.

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(Credit: Tesla)

Cantor Fitzgerald is maintaining its bullish outlook on Tesla (NASDAQ:TSLA) following the company’s record-breaking third quarter of 2025. 

The firm reiterated its Overweight rating and $355 price target, citing strong delivery results driven by a rush of consumer purchases ahead of the end of the federal tax credit on September 30.

On Tesla’s vehicle deliveries in Q3 2025

During the third quarter of 2025, Tesla delivered a total of 497,099 vehicles, significantly beating analyst expectations of 443,079 vehicles. As per Cantor Fitzgerald, this was likely affected by customers rushing at the end of Q3 to purchase an EV due to the end of the federal tax credit, as noted in an Investing.com report. 

“On 10/2, TSLA pre-announced that it delivered 497,099 vehicles in 3Q25 (its highest quarterly delivery in company history), significantly above Company consensus of 443,079, and above 384,122 in 2Q25. This was due primarily to a ‘push forward effect’ from consumers who rushed to purchase or lease EVs ahead of the $7,500 EV tax credit expiring on 9/30,” the firm wrote in its note.

A bright spot in Tesla Energy

Cantor Fitzgerald also highlighted that while Tesla’s full-year production and deliveries would likely fall short of 2024’s 1.8 million total, Tesla’s energy storage business remains a bright spot in the company’s results.

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“Tesla also announced that it had deployed 12.5 GWh of energy storage products in 3Q25, its highest in company history vs. our estimate/Visible Alpha consensus of 11.5/10.9 GWh (and vs. ~6.9 GWh in 3Q24). Tesla’s Energy Storage has now deployed more products YTD than all of last year, which is encouraging. We expect Energy Storage revenue to surpass $12B this year, and to account for ~15% of total revenue,” the firm stated. 

Tesla’s strong Q3 results have helped lift its market capitalization to $1.47 trillion as of writing. The company also teased a new product reveal on X set for October 7, which the firm stated could serve as another near-term catalyst.

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Elon Musk’s xAI becomes Memphis’ 2nd largest taxpayer in just one year: report

Elon Musk’s artificial intelligence startup, xAI, is reshaping Memphis’s economic landscape.

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xAI-supercomputer-memphis-environment-pushback
Credit: xAI

Elon Musk’s artificial intelligence startup, xAI, is reshaping Memphis’s economic landscape. In just twelve months, the company has become the city and county’s second largest taxpayer.

The update was related in a report from The Wall Street Journal.

Memphis’ second-largest taxpayer

xAI is currently transforming a defunct Mississippi power plant into a crucial hub for AI, supplying electricity to its Colossus supercomputer cluster and its successor, Colossus 2. Together, the Colossi supercomputers will host more than half a million Nvidia chips that would be used for the development and improvement of Grok, xAI’s large language model. 

The buildout has injected billions into the region, making xAI one of Memphis’s most significant private investors and a symbol of the city’s high-tech aspirations. Bill Dunavant III, a Memphis businessman who sits on the board of directors of the city’s chamber of commerce, highlighted xAI’s contribution to the city’s economy in a comment to the WSJ

“In one year, xAI has become the second largest taxpayer in the city and county after FedEx,” he said. A spokesman for the Greater Memphis Chamber of Commerce has also stated that xAI has demonstrated “substantial economic commitment to our region, without any tax incentives.”

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Not without controversy

Despite the economic boost, xAI’s footprint has drawn scrutiny. The company’s natural-gas-powered turbines are expected to consume a substantial amount of water and electricity. Critics have also expressed worries about pollution and increased utility costs, though others see Musk’s wastewater recycling plans and cleanup initiatives as meaningful offsets.

As per the WSJ, xAI’s positioning in the market may be quite different than what Musk is typically used to, considering that the CEO tends to become a first mover in key industries, such as the EV segment with Tesla and private spaceflight with SpaceX. With xAI, however, he is catching up to competitors, the most notable of which is a company he co-founded, OpenAI, and its ubiquitous large language model, ChatGPT.

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