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ISSR&D: NASA praises SpaceX and commercial partners, looks towards the future
Robert Lightfoot, the current Acting Director of NASA, began the third day of ISS R&D with a rousing keynote on the roles of NASA and the ISS in the future of public and private space exploration.
ISS R&D’s keynote venue. (Teslarati/Eric Ralph)
Lightfoot began the timely statement that those creating new platforms often completely fail to fully predict how those platforms will eventually be used. The ISS is a prime example, with an array of commercial endeavors having come into existence for reasons that were undoubtedly less than prominent in discussions of the use of the ISS around the time it was be theorized and later constructed.
Another shining example, Lightfoot admitted that those involved with ensuring the survival of the ISS may have never imagined or predicted that the Station would act as a catalyst for programs like COTS, CRS, and CCtCap, which have encouraged considerable competition and led to a range of successes in a now-burgeoning commercial space market. In fact, NASA’s willingness to take risks, particularly in the development of the ISS and other platforms, has arguably enabled SpaceX to completely revitalize American participation in the commercial launch industry, and to do so in less than five years.
While not fully accurate, given that Ariane 5 carries two satellites per launch, this chart is still a profound demonstration of the rapid progress SpaceX has made in ensuring a more competitive commercial launch industry. (SpaceX)
Lightfoot went on to praise NASA’s commercial partners, and said that “[NASA will] be able to get four crew on station [once SpaceX, Boeing, and possibly Sierra Nevada are launching crew]”. He offered a brief overview of the past several trunk-loads of scientific instruments SpaceX Dragons have brought to the ISS, enabling it to remain “a vital platform for earth observation, [both hands-on and hands-off]”. A great deal of the experiments and cargo that have enabled such a burgeoning low Earth orbit economy aboard the ISS have been brought there in part by SpaceX’s Falcon 9 launch vehicle and Dragon spacecraft, which marked the first commercial spacecraft to reach orbit and later visit the International Space Station in 2010 and 2012 respectively.
Lightfoot actively asked himself and the audience what the future of the ISS may be or ought to be, and clearly had every desire to ensure the future of the vibrant LEO economy that the ISS has enabled. Whether this means that the ISS continues to function indefinitely or is replaced with a commercial platform, it will be necessary for NASA to eventually decrease or cut completely their funding burden of the ISS if NASA wishes to better develop the hardware and create the knowledge necessary for manned Mars exploration.
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- A prototype of Dragon 2 being tested in an anechoic chamber. (SpaceX)
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- Boeing’s CST-100 Starliner. (Boeing)
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- Orbital ATK’s Enhanced Cygnus, the second CRS partner that delivers cargo to the ISS. (NASA)
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- Sierra Nevada Corporation’s Dream Chaser Cargo, which received investment from NASA for their CRS-2 program. (SNC)
Undertaking all that is necessary, and doing it successfully, will require a great deal of cooperation in the development of space policy in the present and near future. Jeff Bingham, once a Republican aide in Congress and a crucial voice in gathering the votes to ensure the continued existence of the ISS more than a decade ago, noted that his past colleague, Ann Lukowksi, was a Democratic aide, and that “didn’t matter”. Together, with the help of numerous other crucial members, they arguably ensured that the House successfully passed a resolution to pursue the creation of the ISS with a margin of a single vote out of more than 400.
Bipartisan cooperation has long been a standout feature of space policy and decision-making, and is more obvious and crucial than ever in a time of increased polarization. Public investment in private space endeavors, whether direct or indirect, has ensured the existence of SpaceX and a thriving community of commercial space providers and users, and will soon allow the U.S. to rid itself of a reliance upon non-American launch vehicles for access to the ISS.
Tesla just gave what is perhaps its biggest signal yet that the launch of the Cybercab, its autonomous ride-hailing-geared car, is imminent.
The Cybercab has been spotted outside of Gigafactory Texas in massive numbers over the past few days, with hundreds of units being stored on property just days after the vehicle received a Certificate of Conformity from the EPA.
Today, things were a bit different.
Cybercabs spotted on Giga Texas property today had an addition: a Cybercab decal on the side, reminiscent of the “Robotaxi” ones that were placed on Model Ys just as the company launched its ride-sharing platform about a year ago.
Giga Texas drone operator Joe Tegtmeyer noticed the change today:
Tesla Cybercabs are now getting “Cybercab” logos on the side of them!
Tesla did the same with Model Ys that were given “Robotaxi” logos: https://t.co/DanANtw1m7 pic.twitter.com/FqOhH0S9Ks
— TESLARATI (@Teslarati) June 19, 2026
Tesla could be signaling that the Cybercab is preparing to enter the Robotaxi fleet in the coming weeks or months with this move. It seems more symbolic than anything; Tesla is ready to throw Cybercabs in the ride-hailing platform just as it did with Model Ys last year.
The addition of the Certificate of Conformity awarded to the Cybercab is another major factor working to Tesla’s advantage. The company now has permission from the EPA to allow the vehicle to operate on public roads and enter the chain of commerce. It’s officially street legal.
Tesla Cybercab specs revealed: range, curb weight, range ratings, and more
The big question that remains is whether Tesla will be able to operate the car without a safety monitor, especially considering it plans to put the car out there without a steering wheel or pedals. With the Cybercab only having a seating capacity of two, it is hard to believe Tesla will even consider putting a Safety Monitor in the car.
It did recently self-certify as Level 4 and has the ability to operate driverless vehicles in the State of Texas under a law that took effect on May 28. You can read more about that here:
Tesla’s Robotaxi dreams just took a massive step toward reality
We’d imagine Cybercabs will be on the roads as soon as July, but August will likely be a better estimate of when the car will be entered into the Cybercab fleet. It all depends at where Tesla is, as they’ve truly prioritized safety with the rollout of the Robotaxi platform.
Elon Musk has publicly questioned Moody’s credit assessments following the rating agency’s decision to assign SpaceX a Baa1 investment-grade rating, two notches above Tesla’s Baa3. The comments came amid discussions comparing the two companies’ financial profiles.
SpaceX earned its first-time Baa1 rating with a stable outlook from Moody’s. The agency highlighted the company’s leadership in orbital launches, the growing recurring revenue from its Starlink satellite network, strong vertical integration, U.S. government contracts, and emerging opportunities in AI infrastructure.
These factors were cited as supporting robust cash flows, margin expansion, and financial flexibility.
Musk responded directly: “Tesla’s credit rating is ridiculously low tbh,” and added, “Yeah, makes no sense. Tesla has over $40B in cash, no debt, and is consistently profitable!” His remarks underscored Tesla’s balance sheet strength and profitability at a time when many traditional automakers continue to report losses in the shift to electric vehicles.
Yeah, makes no sense.
Tesla has over $40B in cash, no debt and is consistently profitable!
— Elon Musk (@elonmusk) June 19, 2026
Tesla maintains a leading position in the global EV market, with diversification into energy and storage, battery technology, and robotics through projects like Optimus. Recent financial updates show the company generated positive free cash flow of $1.4 billion in Q1 2026, supported by operating cash flow of $3.9 billion. Cash and short-term investments stood at approximately $44.7 billion.
Moody’s has affirmed Tesla’s Baa3 issuer rating with a stable outlook in periodic reviews, acknowledging the company’s EV leadership, technology strengths, including AI for autonomous vehicles, solid profitability, and strong liquidity.
Tesla (TSLA) scores Baa3 Moody’s rating for ‘stable’ outlook
However, the agency has also noted challenges in the automotive segment and expectations for margin pressures.
Musk’s critique highlights a common debate about how traditional rating methodologies apply to high-growth, capital-intensive technology companies. SpaceX benefits from long-term government-backed contracts and diversified, recurring revenue streams, while Tesla’s valuation reflects heavy investment in future technologies such as autonomy and robotics.
Both ratings remain investment-grade, yet the one-notch difference has fueled online discussion about potential inconsistencies in evaluating innovative firms.
The exchange comes as SpaceX explores financing options following its recent valuation milestones, while Tesla continues executing on its multi-year roadmap. Musk’s pointed response serves as a reminder that credit ratings, though influential for borrowing costs, represent one lens through which markets assess corporate strength—and that company leaders often view their financial positions through the lens of long-term innovation and cash generation rather than short-term risk metrics alone.
A new report from Reuters claims that a transport authority in Sweden is pushing back against the approval of Tesla’s Full Self-Driving suite because it will travel over speed limits.
The report says the Swedish Transport Administration (TRV) recommends the European Union votes against FSD’s approval. TRV believes it should not be approved until Tesla disables FSD’s ability to speed.
TRV sent a letter to the European Union’s Technical Committee on Motor Vehicles (TCMV), which is set to meet on June 30 to discuss the potential approval of the Tesla FSD suite in the country. Tesla, which has received various approvals in Europe over the past two months, has not provided a comment.
Teslas operating on FSD do travel over the speed limit, depending on the Speed Profile that is chosen. Drivers have the ability to disengage FSD at any point; Tesla specifically states that those supervising the suite are responsible for its actions.
Let’s cut to the chase: humans operating any vehicle speed almost daily in the United States. Realistically, speed limits in the U.S. are more frequently treated as speed minimums. However, other countries are different, and driving behaviors are less aggressive.
TRV believes that “allowing automated systems to systematically exceed legal speed limits…risks undermining both the legal framework and the expected safety benefits of vehicle automation,” the report stated. It’s surprising that Tesla has not received this claim from other countries previously.
This could be a good argument to bring Max Speed back, the setting that previously allowed the driver to choose the absolute fastest the car would travel.
This would still put the responsibility of supervision in the hands of the driver. It would allow the driver to choose whether the car would travel over the speed limit or not, acknowledging that they set the speed, and if they get pulled over, there would be no ability to argue it.
However, it does not seem as if this is something Tesla will do, especially considering many U.S. drivers have requested the feature in an effort to eliminate speeding or at least tone it down. The company has not shown any interest in bringing it back.
Tesla has approvals for FSD in Europe in Estonia, Lithuania, Denmark, the Netherlands, and Belgium.
Tesla Cybercab launch is imminent after latest sighting at Giga Texas
Elon Musk says this part of Tesla ‘makes no sense’
