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DeepSpace: NASA’s Europa Clipper suffers under SLS, Moon landers win funding, and Russia talks lunar ambitions

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NASA's ambitious and exciting Europa Clipper mission is being held back by the joint NASA-Congress SLS rocket. (NASA/Teslarati)

Eric Ralph · June 4th, 2019

Welcome to the latest edition of DeepSpace! Each week, Teslarati space reporter Eric Ralph hand-crafts this newsletter to give you a breakdown of what’s happening in the space industry and what you need to know. To receive this newsletter (and others) directly and join our member-only Slack group, give us a 3-month trial for just $5.

In this week’s analysis, there is simply too much going on to focus on any single overarching theme. NASA awarded ~$250M to fund three commercial Moon landers, Russia revealed an impossibly ambitious schedule for its conceptual crewed Moon program, and NASA’s Office of the Inspector General (OIG) released a report that did not look kindly on the management of the Europa Clipper spacecraft’s supposed plans for an SLS rocket launch.

While it is increasingly clear that the 2020s are likely to be the most exciting period of spaceflight activity in decades, it remains equally clear that most of the world’s space exploration – despite the incredible results often produced – is poorly and inefficiently managed. Upsets may well be served by commercial hopefuls like SpaceX, Blue Origin, iSpace, and others, but we are likely set to witness another decade or so of wasteful, results-phobic human spaceflight efforts lead on a wild goose chase after NASA’s Moon return ambitions. If it ends up being anything like the SLS rocket and Orion spacecraft it is being artificially locked to, the Moon return may eventually accomplish something approximately half a decade behind schedule after vacuuming up at least $10-20B of federal funding.

At the same time, the robotic exploration expertise of NASA, ESA, Japan (JAXA), China (CNSA), India (ISRO), and Russia (Roscosmos) will be thrown at a bevy of spacecraft and landers with destinations throughout the solar system.

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Europa Clipper deserves better ‘sails’

  • As of now, Congress has “mandated” that Europa Clipper and a planned Lander follow-up both launch on NASA’s Space Launch System (SLS) rockets. This was a political ploy by long-time supporter John Culberson (now a former US representative) meant to gain the support of Congressional gatekeepers focused on preserving SLS and Orion-related pork that feeds into their legislative districts or states (Sen. Shelby, Sen. Nelson, and others).
  • Developed by Lockheed Martin with the support of the European Space Agency (ESA), the Orion spacecraft is essentially an overweight, underpowered modern version of NASA’s Apollo Command and Service Module (CSM). Despite its mediocre capabilities, the spacecraft could theoretically be useful for NASA’s crewed exploration ambitions.
    • Sadly, Orion has been almost inextricably linked to NASA’s SLS rocket, built (for the most part) by Boeing and Aerojet Rocketdyne. Originally known as Ares V, the comparatively downsized SLS has always been meant to launch extremely large payloads. In theory, even the early SLS Block 1 (likely the only variant that will ever fly) would be capable of delivering ~25 metric tons to Mars and 6.3 mT directly to Jupiter.
  • That performance would also drastically cut the amount of time it takes Europa Clipper to travel from Earth to Jupiter from 6-7 years to about 3 years.
  • Hilariously, despite both Europa Clipper and SLS having been in development for years and the latter being legally required to launch the former, NASA still hasn’t verified (with certainty) that SLS Block 1 is actually capable of launching EC directly to Jupiter, the only benefit of SLS being the 3 years of time saved by a direct trajectory.
  • Even worse, despite mission delays that pushed Europa Clipper’s launch target from 2022 to 2023, NASA has yet to actually order new SLS boosters beyond the first two, assigned to Orion missions NET 2021 and 2022.
    • As NASA OIG notes, according to past estimates from NASA officials, the agency would need a minimum of 52 months (4.3 years) of lead time for Boeing and Aerojet Rocketdyne to build new SLS boosters. In other words, NASA would have had to order new boosters in September 2018 (8 months ago) for Europa Clipper to have a chance of launching on SLS in 2023.
  • Due to all of this absurd and avoidable uncertainty, large amounts of money and time are being wasted designing Europa Clipper to essentially be launcher-agnostic, able to fly on Falcon Heavy, Delta IV Heavy, or SLS. At this rate, it’s not even clear if a third SLS will be ready to launch Europa Clipper in 2024, barring a miraculously perfect performance during its launch debut (“Artemis-1”, formerly EM-1).

Dispatch from the Moon (bureaucracy)

  • Earlier this week, NASA announced its first truly Moon landing-focused contracts, awarding a total of $253M to OrbitBeyond, Astrobotic, and Intuitive Machines for commercially-developed Moon landers that could be ready for lunar landings as early as September 2020, July 2021, and July 2021, respectively.
    • Astrobotic and Intuitive Machines aim to deliver 90 kg and 100 kg of payload to the Moon’s surface, while OrbitBeyond is targeting ~40 kg despite receiving ~$25M more from NASA. Regardless, it has to be said that ~$250M is extremely cost-effective for the 230 kg (510 lb) worth of payloads it could deliver to the Moon. For comparison, in 2015, NASA purchased a single Delta IV Heavy launch (for its Parker Solar Probe) at a cost of almost $390M
    • Not only does that $250M include launch costs (two or even three of which will likely end up as copassengers on Falcon 9 launches), but it includes delivery to the surface of the Moon.
  • Additionally, an unknown proportion of that funding has clearly been directed towards the development and maturation of unflown and (mostly) unbuilt lunar landers, all of which could potentially offer even more affordable lunar delivery services once development is finished.
  • Finally, Russian space agency Roscosmos apparently has plans (or at least a Powerpoint) to land cosmonauts on the Moon as early as 2030. To accomplish that incredibly ambitious feat, Russia would effectively need to develop three entirely new rockets – two of which are far larger than anything Russia has built since the fall of the USSR – and a brand new crew and deep space-capable spacecraft (Federation).
  • The ambition is undeniably inspiring and could create a truly fascinating race-that-isn’t-really-a-race back to the Moon. However, the reality is that Russia as a country and economy is struggling, and those difficulties are obvious in Roscosmos – woefully underfunded and eternally tossed about as a political puck and source of easy embezzlement.
    • A Soyuz spacecraft launched to the ISS last year was found to have a literal hole in it, the likely result of sloppy manufacturing and nonexistent quality control. A few months later, a Soyuz 1.2 rocket failed mid-flight while launching a trio of astronauts, triggering the first human spaceflight abort/failure in almost two decades.
    • All three astronauts were safely recovered but those two failures alone suggest that Russia has some soul-searching a budget-tweaking to do before it has any chance of successfully (let alone safely) undertaking its ambitious lunar program.
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– Eric
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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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SpaceX (SPCX) IPO is live today at $135: Here’s exactly what you need to know

SpaceX priced its historic IPO at $135 per share today, raising a record $75 billion.

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June 12, 2026

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SpaceX officially priced its initial public offering at $135 per share, offering 555,555,555 shares of Class A common stock and raising $75 billion in what is the largest IPO in stock market history. Shares are set to begin trading on the Nasdaq Global Select Market on Friday, June 12, under the ticker symbol SPCX. The previous record holder was Saudi Aramco’s 2019 offering at $29 billion, followed by Alibaba’s $22 billion offering in 2014.

At $135 per share and roughly 555.6 million shares, the implied valuation sits near $1.75 trillion, which would make SpaceX roughly the seventh largest company in the United States, just above Tesla’s current market cap. Regular investors can request shares at the IPO price through Robinhood, Fidelity, Charles Schwab, SoFi, and E*TRADE, though the deal is heavily oversubscribed and most retail allocations will be partial or unfilled. Once trading opens June 12, anyone with a brokerage account can buy SPCX on the open market.

SpaceX’s amended S-1 is sparking a major Tesla merger conversation

 

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The valuation is anchored primarily by Starlink. Starlink crossed 10 million subscribers as of February 2026 and is adding 750,000 to 1.5 million new users per month, with the connectivity segment already posting a $1.19 billion profit last quarter. The offering also bundles in xAI following SpaceX’s all-stock merger earlier this year, adding Grok and the Colossus supercomputer to the investment thesis. As Teslarati reported, Starlink ended 2025 with $10 billion in revenue, a figure analysts project could reach $24 billion by end of 2026.

Wedbush analyst Dan Ives has been vocal in his support. “I think the time is right,” Ives said, adding that the offering expands the Elon Musk ecosystem rather than competing with Tesla. An average 12-month price target of $165 per share represents roughly 22% upside from the IPO price. Not everyone agrees – Motley Fool noted xAI is spending $1 billion per month playing catch-up to OpenAI and Anthropic.

Musk founded SpaceX in 2002 with a single stated purpose. “Elon founded SpaceX with a goal to change humanity, to make us a multi-planet species,” CFO Bret Johnsen said in the company’s retail roadshow video this week. Musk himself has been more direct: “We are building the systems and technologies necessary to provide global connectivity on Earth and beyond, to understand the true nature of the universe, and to extend the light of consciousness to the stars.”

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Tesla unfolded its first European “folding Supercharger”

Tesla’s folding Supercharger just arrived in Europe and it changes how fast charging expands.

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1 day ago

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June 10, 2026

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Tesla’s Folding Unit Supercharger has officially landed in Europe, with the company teasing a new installation in its effort for a broader rollout targeting major motorway rest stops across the European continent in Q3 2026. The arrival marks a notable shift in how Tesla is thinking about network expansion, moving from hardware performance alone to engineering the logistics chain itself.

While Tesla did not reveal the exact location for the new folding Supercharger in Europe, the photo shared on X heavily suggests that this maybe somewhere in Norway. Historically, whenever Tesla rolls out an entirely new infrastructure architecture in Europe, whether it was the original Supercharger stalls years ago or these brand-new modular V4 “Folding Units”, Norway is almost always the designated launch pad because of its unmatched EV adoption rate and supportive infrastructure

The Folding Unit, introduced in March 2026, is a factory pre-assembled V4 charging station built on an industrial hinge system mounted to a heavy-duty concrete base. The entire assembly arrives on site ready to unfold and connect. Tesla confirmed the units feature telescopic light poles specifically designed for easy transportation and fast on-site deployment, a detail that signals how carefully the logistics chain has been engineered alongside the hardware itself. The design allows 33% more stalls per delivery truck, cuts installation time roughly in half, and reduces overall deployment costs by more than 20% compared to traditional installations.

Tesla’s newest “Folding V4 Superchargers” are key to its most aggressive expansion yet

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Tesla also noted telescopic light poles which provide benefits over traditional Supercharger installations that require fixed-height poles that are awkward to ship, slow to position on site, and often require separate crews and equipment to erect before charging hardware can even be staged. By engineering poles that compress for transit and extend on arrival, Tesla has removed one of the quieter bottlenecks in the physical deployment process. Every hour saved on a light pole installation is an hour redirected toward getting stalls energized. At scale, across dozens of new sites per quarter, those hours add up to a meaningful acceleration in how quickly a location goes from approved permit to serving its first customer.

Each Folding Unit pairs a single V4 power cabinet with eight charging posts. The V4 cabinet delivers up to 500 kW per stall for passenger vehicles and up to 1.2 MW for the Tesla Semi, supporting twice the stalls per cabinet at three times the power density of its predecessor. Longer cables make every new station immediately usable by non-Tesla vehicles, a priority as Tesla continues opening its network to Ford, GM, Rivian, Hyundai, Stellantis, and others.

As Teslarati reported when the Folding Unit was first unveiled, Tesla’s Gigafactory New York produced its final V3 Supercharger cabinet in March 2026 after more than seven years and 15,000 units, completing a full pivot to V4 production. The European arrival of the folding design is the next chapter in that transition.

Faster and cheaper deployment means Tesla can justify building in markets and corridors that were previously too expensive to serve, filling the coverage gaps that have slowed EV adoption outside major urban centers.

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Tesla stuns with another FSD approval in Europe, its second in two days

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2 days ago

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June 10, 2026

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Tesla has stunned by gaining yet another approval for its Full Self-Driving suite in Europe, its second in two days and its fifth overall.

Belgium will be the latest country to allow Tesla owners to utilize FSD on public roads in Europe, joining a quickly growing list that started with the Netherlands, Lithuania, and Estonia.

On Tuesday, Denmark announced its approval of the FSD suite, which has now been followed by Belgium just one day later.

The country’s Minister of Mobility, Annick De Ridder, announced the approval on her X account, stating that she had just signed the approval of Tesla FSD. It now goes to the country’s homologation department for the last step of the approval process.

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The Belgian approval is one of mighty importance because it truly shows how quickly countries in Europe could greenlight the FSD suite consecutively. Approvals are already coming in relatively quickly, which is a great sign.

Perhaps the next big development that could come from FSD approvals in Europe is an approval from a country like England, Italy, France, Spain, or Germany. It would be something to see how FSD would perform in a major European metro, such as London, Barcelona, Madrid, Paris, Rome, or Berlin.

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Full Self-Driving does an excellent job of roaming around major U.S. cities like New York and Los Angeles, but other high-profile international cities of significance would truly mark a line in the sand for Tesla, which can simply enable any vehicle in its customer-owned fleet to run FSD with the correct approvals.

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