News
Virgin Galactic reaches space in rocket-powered plane, eyes space tourism in 2019
Virgin Galactic, the space tourism company founded by entrepreneur Richard Branson, has successfully made it to space for the first time with VSS Unity, their SpaceShipTwo-class rocket-powered plane, during the craft’s 4th test flight. This accomplishment makes Virgin the first US-based venture to carry humans to the edge of space since the Space Shuttle program ended in 2011, edging out others with similar goals such as SpaceX and Blue Origin. After taking off at 7:11 am this morning and detaching from WhiteKnightTwo, its custom airliner mothership, pilots Mark “Forger” Stucky and Rick “CJ” Sturckow reached a height 51.4 miles high in the craft to the edge of the stratosphere where they experienced weightlessness and the curvature of the Earth. This success brings the company one step closer to civilian tourist trips, something Branson hopes to achieve as early as 2019.
Our SpaceShipTwo traveling among the moon and stars 🌗 💫 🚀 pic.twitter.com/fDKdguHWoW
— Virgin Galactic (@virgingalactic) December 13, 2018
Unlike a traditional rocket which takes off from the ground, VSS Unity is flown to 43,000 feet underneath a specially designed airliner before being dropped and subsequently lighting up its rocket engines to power it vertically to an even higher altitude. After a 60-second engine burn speeds the craft to nearly three times the speed of sound, it continues its ascent, coasting until it reaches maximum altitude. A special “feather” system is then used for reentry, wherein the craft folds its wings and behaves like a traditional space capsule until the air thickens again, at which time the wings unfold again and behave like a space plane, gliding back to Earth and landing on a landing strip.
Becoming a passenger on one of VSS Unity’s future flights doesn’t come cheap, the price tag being $250,000 per 90-minute flight. However, given the 700 or so paid reservations, including several celebrities, it’s not the money that’s the challenge, it’s the technology. On October 31, 2014, Virgin suffered a crippling setback with the death of co-pilot Mike Alsubry and injury of pilot Peter Siebold when a predecessor craft crashed due to a combination of human error and an engineering flaw. The company received an abundance of criticism focused on whether the danger of space tourism made the rewards worthwhile, but after following recommendations set forth by the National Transportation Safety Board’s report on the incident along with further design and safety enhancements, they forged ahead to make today’s event a reality. Branson started Virgin Galactic in 2004.
-
- VSS Unity, a SpaceShipTwo-class space plane, takes in the view. | Credit: Virgin Galactic.
-
- VSS Unity, a SpaceShipTwo-class space plane, takes in the view. | Credit: Virgin Galactic.
-
- The pilots of VSS Unity, a SpaceShipTwo-class space plane, returning from their trip to space. | Credit: Virgin Galactic.
At 51.4 miles high, VSS Unity reached the technical definition of space, earning its pilots commercial astronaut wings by the US Federal Aviation Administration, although the usual international standard is the 62-mile “Karman line”. A typical NASA “sounding rocket”, a small rocket generally launched with equipment on board to take measurements and scientific experiments during an approximately 30-minute sub-orbital flight only, reaches anywhere from 30-80 miles above the Earth. That said, the lower altitude of VSS Unity also provides an opportunity for research, serving the dual-purpose of science and recreation. Four research payloads from NASA’s Flight Opportunities Program were on board its historic test flight as well as a test dummy, making the trip revenue-earning for the first time as well.
Virgin Galactic has more tests of VSS Unity planned before moving to Spaceport America in New Mexico where it will set up its tourism operation. Branson hopes to compete directly with Blue Origin, the rocket company founded by Amazon’s Jeff Bezos which also plans to ferry customers to space. Bezos’s venture will use a more traditional, reusable ground-based rocket, the New Shepard, that lands after returning from sub-orbit similar to SpaceX’s Falcon 9 first stages. Unlike Virgin, crewed flights and “pre-sales” have not yet been part of Blue Origin’s process, but plenty of information is available for potential customers on its website.
The parent company of Virgin Galactic (Virgin) has another space-based venture in its wings: Virgin Orbit. Using a system similar to NASA’s Pegasus rocket, a small rocket complete with payload will launch from a modified Boeing 747-400 airliner, the combo being called LauncherOne and Cosmic Girl, respectively. The company has its sights set on the small satellite industry, identifying a need that’s not currently being met by other launch providers, and its business model centers on proving low-cost access to space for existing companies, students, entrereneurs, and other types hoping to use space as part of their research or business endeavors.
Watch the below video clip for more on Virgin Galactic’s historic flight to space:
Tesla (NASDAQ: TSLA) reported its earnings for the first quarter of 2026 on Wednesday afternoon. Here’s what the company reported compared to what Wall Street analysts expected.
The earnings results come after Tesla reported a massive beat on vehicle deliveries for the second quarter, delivering 489,126 vehicles and building 451,758 cars during the three-month span.
This was a major shock for those on Wall Street as they anticipated somewhere around 400,000 deliveries for the quarter, and showed Tesla still has plenty of demand for its vehicles around the world and in the U.S. despite losing the $7,500 EV Tax Credit last year.
Tesla Q2 2026 Earnings Results
- Non-GAAP EPS – $0.33 reported vs. $0.53 expected
- Revenues – $28.236 billion reported vs. $26.4 billion expected
- Free Cash Flow- -$1.092B
- Profit -$ 4.751B
Tesla (beat/missed) analyst expectations, so the market response to the company’s quarter is what we will look for next.
Tesla shares closed today down just over 1 percent, trading at $374.01.
In the past, it has been anyone’s guess with what Tesla shares will do after they report earnings. Strong quarters have resulted in sharp drops, while lackluster quarters have seen the stock shoot up considerably.
Tesla will hold its Q2 2026 Earnings Call in about 90 minutes at 5:30 p.m. on the East Coast. Remarks will be made by CEO Elon Musk and other executives, who will shed some light on the investor questions that we covered earlier this week.
You can stream it below. Additionally, we will be doing our Live Blog on X and Facebook.
Q2 2026 Earnings Call https://t.co/zZS6ii2TWK
— Tesla (@Tesla) July 22, 2026
Tesla is about to make parking in busy parking lots at businesses and other points of interest less stressful than ever by allowing drivers more control over where they park and how, CEO Elon Musk confirmed on X.
Tesla has been working to improve the parking performance of vehicles utilizing the Full Self-Driving suite, but now it is looking to add more customization, allowing drivers to choose the specific space they park in, but also potentially the orientation the car pulls into the spot:
It’s coming soon
— Elon Musk (@elonmusk) July 21, 2026
Musk has reiterated on X twice over the past several weeks that Tesla is working to make things with the FSD suite based more on the driver’s specific preferences and behaviors that were seen in past drives.
Essentially, it sounds like if you tend to park away from a business to avoid other vehicles, Tesla FSD will soon recognize that preference of yours and start parking further away as well. Additionally, the prospect of assigned parking spaces has been something many owners have voiced concerns about.
Living in a community with assigned parking spaces makes using FSD incredibly difficult as it will rarely park in the correct spot when there are so many to choose from. This is also pertinent in work settings where there are sometimes assigned parking spaces.
The updates to Tesla’s Full Self-Driving suite in terms of listening to driver preferences with parking are also extending to routing. Tesla announced yesterday that with the release of its 2026 Summer Update, it was adding Automatic Navigation and Preferred Routes:
Tesla reveals 2026 Summer Update with crazy fixes to Nav and more
Tesla has always maintained the idea that any human input is bad input, and that, ideally, Tesla Full Self-Driving will always make the right decision. Of course, this is all in theory, but the issue is that so many of Tesla’s interventions have come because it does something that is not necessarily wrong, but perhaps not what the driver would prefer.
Taking these preferences into account will help Tesla alleviate some of the potentially unnecessary interventions that drivers perform.
Tesla is starting to prepare for the launch of the Optimus robot in its smartphone app, new coding strings show. Elon Musk has referred to Optimus as what will be the greatest-selling product of any kind of all time, and now, Tesla is getting ready for its launch.
Tesla’s smartphone app had several first-time mentions of the Optimus program, according to Tesla App Updates, who intially reported on the appearance. Here’s what they found:
A Dedicated “Robot” Phone Key Authentication
Tesla is working on a Bluetooth Low Energy, or BLE, authentication that is specifically for robots. This does not only apply to Optimus, though, as Robotaxi, which is Tesla’s autonomous ride-hailing platform, might also identify vehicles within the fleet as robots as well.
Tesla shows rapid teardown of Model S and X lines, paving the way for Optimus at Fremont
Essentially, pairing your phone as a key to anything Tesla identifies as a robot to a “whitelist” of authorized devices. Optimus, Robotaxi, or other products that fall into this category will only respond if the device trying to communicate with it is authorized.
This is a great security feature that will eliminate at least face-value and low-level threats.
Home Data Collection and System Alerts
This appears to be somewhat of a neural network for Optimus within your house. There will be a dedicated screen that asks for consent to collect both video and spatial data while Optimus performs in-home tasks. Everything from vacuuming, washing dishes, dusting, and other activities will be tracked.
There will also be a comprehensive alert system that will track everything from low battery to mechanical issues.
Other Changes
Most of the changes tracked in this particular app update are related to Tesla’s 2026 Summer Update, and include things such as image assets for new features, a preview of the new custom wraps feature, and other unique features.
You can check out our coverage on what is included with the 2026 Summer Update here:
Tesla reveals 2026 Summer Update with crazy fixes to Nav and more
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Tesla is about to make parking in busy lots less stressful than ever
