Space
NASA’s newest Mars rover gets christened with a ‘strong’ official name
NASA’s next Mars rover will depart Earth in July, bound for the red planet. After landing in Feb. of next year, the six-wheeled rover will explore its surroundings. Initially dubbed as Mars 2020 as a nod to its launch date, the rover has just received an official name: Perseverance.
As part of a nationwide contest, NASA challenged children in grades K-12 to come up with a name for the robotic explorer. This follows tradition as rovers of the past, and even planets (hello Pluto), have been named by children. Viking, Pathfinder, Sojourner, Spirit, Opportunity, Curiosity, InSight, and now Perseverance.
The newest rover will build on the success of those robotic explorers who came before it by collecting the first samples of Mars for a future return to Earth. It will also lay the groundwork for future human exploration by testing new technologies.
“Yes, it’s curiosity that pulls us out there, but it’s perseverance that does not let us give up,” Thomas Zurbuchen, NASA’s associate administrator for the science mission directorate said during a news conference on Thursday.
Although Curiosity and Perseverance look like twins, the two rovers are quite different. But, it takes the pair to help us better understand Mars and its habitability.
“Perseverance is a strong word,” he said. “It’s about making progress despite obstacles.”
“There has never been exploration without perseverance,” Zurbuchen added.
A total of 28,000 entries were received, and over the course of several months, NASA narrowed the field down to just 9 finalists. The public was asked to vote for its favorite, but ultimately the final decision was up to Zurbuchen. Each student was tasked with writing a brief essay supporting their choice in name. The finalists are listed below, and you can read more about the contest here.
- Endurance, K-4, Oliver Jacobs of Virgina.
- Tenacity, K-4, Eamon Reilly of Pennsylvania.
- Promise, K-4, Amira Shanshiry of Massachusetts.
- Perseverance, 5-8, Alexander Mather of Virginia.
- Vision, 5-8, Hadley Green of Mississippi.
- Clarity, 5-8, Nora Benitez of California.
- Ingenuity, 9-12, Vaneeza Rupani of Alabama.
- Fortitude, 9-12, Anthony Yoon of Oklahoma.
- Courage, 9-12, Tori Gray of Louisiana.

The Perseverance Mars rover, which looks nearly identical to the Curiosity rover that landed in 2012, will begin its mission exploring Jezero Crater. Equipped with a suite of specially-designed instruments it will look for signs of life called biosignatures.
NASA’s research indicates that Mars was habitable sometime in its past. But so far, we haven’t been able to detect any real signs of ancient life yet. The rover’s team thinks that its specialized suite of instruments will change that.
To that end, Perseverance will drill into the Martian surface, extracting samples that will eventually be returned to Earth for further study. Returning the samples is a challenge that NASA is already starting to tackle, along with the European Space Agency. The agency estimates that the earliest it can send a mission to fetch the rover’s samples would be some time around 2026 or 2027.

In the meantime, Perseverance will be busy scouring the surface for evidence of microbial life as well as testing out technologies that future human missions could rely on. It will also carry the first helicopter to explore another planet.
The small, autonomous rotorcraft, will launch attached to the rover’s belly. Shortly after arriving on Mars, the softball-sized craft will use its dual blades to slice through the Martian atmosphere. According to engineers, its blades will generate nearly 3,000 rpm — 10 times the rate of helicopters here on Earth.
The Mars helicopter will conduct as many as five flights, each time flying a bit further away than the last. For its first flight, the helicopter will climb to 10 feet (3 meters), hovering for about 30 seconds. If this technology proves to be successful, this type of craft could be used to explore Mars ahead of human exploration.
Elon Musk
Elon Musk strikes down reports on SpaceX IPO rumors
Elon Musk has firmly denied recent media reports suggesting that SpaceX has reduced its target valuation for an upcoming initial public offering.
The denial came directly from the SpaceX and Tesla frontman on his social media platform X, where he responded with a single word, “False,” to a post from ZeroHedge that cited Bloomberg sources.
This swift rebuttal underscores Musk’s ongoing effort to manage speculation surrounding one of the most anticipated market debuts in recent history.
False
— Elon Musk (@elonmusk) May 29, 2026
According to the disputed reports, SpaceX had lowered its IPO valuation goal to at least $1.8 trillion from previous ambitions exceeding $2 trillion.
The claims emerged amid growing anticipation for the company’s confidential S-1 filing, which positions it for a potential public listing as early as June.
Some had pointed to strong revenue growth, particularly from the Starlink satellite internet service, which contributed heavily to the firm’s 2025 figures of $18.7 billion. Yet challenges persist in other areas, including substantial investments and losses tied to ambitious projects like Starship development and artificial intelligence initiatives, which plan to make life multiplanetary eventually.
Musk’s response highlights a pattern in which he actively counters what he views as inaccurate portrayals of his companies’ trajectories.
SpaceX, already valued privately at extraordinary levels, stands as a cornerstone of Musk’s empire alongside Tesla and xAI. The entrepreneur has long emphasized the transformative potential of reusable rockets and global broadband access, factors that fuel investor enthusiasm despite operational hurdles.
By rejecting the valuation downgrade narrative, Musk signals confidence in SpaceX’s fundamentals and its readiness for public markets on terms favorable to its long-term vision. People have been waiting a very long time to invest in SpaceX, and the valuation, as well as the introductory share price, is not going to need adjusting.
They’ll have plenty of suitors.
This episode reflects broader dynamics in the technology sector, where rumors often swirl around high-profile entities. Musk’s direct engagement with media narratives serves to maintain transparency and control the narrative around his ventures.
As SpaceX prepares for greater scrutiny in public markets, the founder’s denial reinforces optimism about its prospects. Supporters argue that the company’s innovative edge positions it for enduring success, far beyond short-term valuation debates. With the denial now public, attention turns to forthcoming regulatory filings that could provide clearer insights into SpaceX’s strategy and financial health.
The coming weeks promise to reveal more about how SpaceX will transition into a publicly traded powerhouse.
Elon Musk
SpaceX to become America’s Military data backbone for missiles, drones, and warfighters
The Space Force just handed SpaceX $2.29 billion to build the military’s space internet backbone.
The U.S. Space Force awarded SpaceX a $2.29 billion contract on May 26, 2026 to build the backbone of its Space Data Network, a satellite-based communications system designed to keep American military forces connected anywhere on Earth in real time. The contract is firm-fixed-price and requires SpaceX to deliver a fully operational prototype by the end of 2027.
In plain terms, the SDN Backbone is the plumbing behind the military’s space-based internet. It functions as a low Earth orbit satellite constellation providing robust, high-capacity, and low-latency data transport for the Joint Force, connecting sensors and weapons systems continuously, globally, and securely. Think of it as a private, hardened version of Starlink built specifically for battlefield communications, one that soldiers, ships, and aircraft can rely on even in contested environments where ground-based networks have been disrupted.
SpaceX is quietly becoming the U.S. Military’s only reliable rocket
The Space Force was direct about why SpaceX was selected. “The SDN Backbone leverages the best of commercial innovation and delivers a strong foundation for the SDN mission set — a huge benefit and enabler for our warfighters,” said USSF Col. Ryan Frazier.
“We aren’t trading speed for scale; we are demanding both. By using rapid prototyping and Other Transaction Authorities, we are ensuring our advanced solutions are integrated and delivered to the warfighter as fast as possible,” added USSF Lt. Col. Fry, SDN Backbone system program manager.
The SDN Backbone will work alongside the Space Development Agency’s Transport Layer, with the two systems forming a unified open architecture to provide critical data transport for current and future Department of War missions.
As Teslarati has reported, this is not SpaceX’s first Space Force contract of 2026. In April, the Space Force awarded SpaceX $178.5 million to launch missile tracking satellites, and SpaceX is already embedded in the Golden Dome missile defense software group. The $2.29 billion SDN Backbone award puts SpaceX at the center of how the American military communicates in space, a position with direct implications for its reported $1.75 trillion IPO valuation as the company heads toward a public offering as early as June 2026.
Elon Musk
NASA’s first human outpost on the Moon starts now – SpaceX on deck
NASA named the rovers, landers, and vendors that will build America’s first Moon Base.
NASA has laid out its most detailed Moon Base plan to date, describing a permanent outpost near the Moon’s south pole that the agency intends to build over the coming decade as a direct stepping stone to Mars. “The Moon Base will be America’s and humanity’s first outpost on another celestial world,” NASA Administrator Jared Isaacman said, adding that every mission crewed and uncrewed “will be a learning opportunity as we return to the lunar surface, build the infrastructure to stay, and master the skills required to live and operate in one of the most demanding and dangerous environments imaginable.”
The plan is structured in three phases involving both uncrewed and crewed missions to deliver equipment, vehicles, and infrastructure to the surface, with the first three moon base missions targeted to launch before the end of 2026.
Moon Base I, targeting fall 2026, will use Blue Origin’s Blue Moon Mark 1 lander to deliver scientific instruments to the Shackleton Connecting Ridge, the same region where Artemis astronauts will land. Moon Base II will send Astrobotic’s Griffin lander carrying more than 1,100 pounds of cargo including Astrolab’s FLIP rover to begin developing mobility systems on the surface. Moon Base III will carry the Lunar Vertex science mission on Intuitive Machines’ Nova-C Trinity lander to study lunar swirls near the south pole, with ESA and Korean science payloads aboard.
On the rover side, NASA awarded Astrolab $219 million and Lunar Outpost $220 million to build the first phase of Lunar Terrain Vehicles, with both rovers targeted for deployment to the lunar surface by 2028. Astrolab’s crewed rover weighs roughly 2,000 pounds and can reach over 6 mph. Lunar Outpost’s Pegasus rover can operate autonomously or via remote control at over 9 mph. Blue Origin separately received $188 million with an option worth $280.4 million to deliver cargo landers for rover transport.
NASA also confirmed that MoonFall, a mission deploying four survey drones to scout Artemis landing sites, has selected Firefly Aerospace to build the transport spacecraft, with a 2028 launch target.
SpaceX sits at the center of that commercial layer. SpaceX holds the NASA Human Landing System contract for the Starship-derived lander that will put astronauts on the surface under Artemis IV, currently targeting 2028. Before that can happen, SpaceX must demonstrate in-orbit propellant transfer at scale, a process requiring multiple Starship tanker launches to fuel a single mission. Water ice at the lunar south pole is central to the base’s long-term viability, as it can be converted into drinking water, breathable oxygen, and rocket fuel, directly reducing dependence on Earth resupply. That resource loop becomes far more practical if Starship can land and be refueled on or near the Moon itself.
Elon Musk has publicly stated that Starship V3, which recently completed its first flight, should be capable enough for initial Mars missions. The Moon Base plan announced Tuesday is the infrastructure layer that connects everything between those two ambitions, and SpaceX is the only American company currently contracted to build the rocket that gets humans to either destination.