News
SpaceX’s third Block 5 rocket heads to Texas test site as launch marathon nears
A SpaceX Falcon 9 – almost certainly the third Block 5 booster to leave the company’s factory – was spotted passing through New Mexico on the last leg of its trip from California to Texas. Although the shipment is a great sign, it begs the question of how exactly SpaceX plans to launch its next six launches penciled in for July and August.
Bear with me, as this post will dive into the specifics of orchestrating launches – namely having rocket boosters, upper stages, and fairings all ready at the same place and time. Fundamentally, the analysis that follows suggests two main possibilities: 1) two or three of those July/August launches will have to be delayed for booster availability or 2) the first (and perhaps second) truly rapid reuse of Falcon 9 Block 5 boosters will occur before summer’s end.
The first Block 5 Falcon 9 lifts off on May 4, 2018. The upgrade’s rapid reusability optimizations could be crucial for SpaceX’s summer manifest. (Tom Cross)
After conducting routine static fire testing in McGregor, the booster spotted on Monday – B1048 – will likely be shipped West to Vandenberg Air Force Base for the first West coast Block 5 launch in mid-July. B1047, the second Block 5 booster to leave SpaceX’s Hawthorne factory, was spotted miles from Cape Canaveral, FL near the end of May, while B1046‘s early May launch marked the debut of Falcon 9 Block 5 and was expected to undergo several months of disassembly and analysis to ensure the rocket upgrade was functioning as intended. Based on previous patterns, the fourth Block 5 Falcon 9 booster – B1049 – should not be expected to ship from the factory to McGregor until late June or early July. Finally, the last orbital Block 4 booster (B1045) will conduct its second and final launch in the last few days of June, currently NET June 29.
Put simply, B1049 is unlikely to arrive at its first launch site until mid or late July and can thus be taken out of the July running. B1045 will be (presumably) expended after launch, also taking it out of the running for future launches. B1048 will almost certainly travel to Vandenberg Air Force Base (VAFB) for its first launch in July, effectively ruling out its availability for other July and August launches. Furthermore, Iridium’s CEO Matt Desch has stated that both Iridium-7 and Iridium-8 are expected to launch on unflown boosters. Fundamentally, this leaves two Block 5 boosters readily available for four loosely scheduled July and August launches on the East Coast.
-
- Falcon 9 B1045 prepares for its first launch in mid-April. (SpaceX)
-
- B1046 returned to Port Canaveral shortly after its May 4 debut, and is now being carefully analyzed as pathfinder hardware. (Tom Cross)
-
- Falcon 9 B1047 spotted in Florida just a short trip away from Cape Canaveral, where it will likely launch Telsat 19V in mid-July. (Reddit /u/fatherofzeuss)
-
- What was likely B1049 spotted heading to McGregor, Texas for static fire testing, June 11. (TeslaMotorsClub /u/nwdiver)
Focusing on July’s schedule as it currently stands, B1047 would be required to launch two high-energy geostationary transfer orbit (GTO) missions in as few as two weeks. The nature of drone ship recoveries would cut the time available between the booster’s return to port and its second static fire to perhaps 5-10 days. In other words, there would be almost no time whatsoever for refurbishment, at least compared to the current prospective record of B1045, roughly 70 days between launches.
All things considered, two launches of the same booster in well under a month would be an act of heroics given that B1047’s first launch will be the second or third-ever flight of Falcon 9 Block 5. An extensive upgrade to the venerable rocket intended to make it highly reusable and equally reliable, Block 5 is the culmination of more than half a decade of experience launching a wide array of Falcon 9 versions and 56 total launches. While I would place the odds of a sub-30 day back-to-back reflight happening less than two months from now at maybe 10%, my odds for the next six to nine months are closer to 95% – remember, Musk set SpaceX the goal of two flights of the same booster in 24 hours by the end of 2019. It may sound insane, but it quite literally was what Block 5 was designed to enable.
Although delays are more probable here, the alternative is a truly wild roller coaster of launches and historic reusable rocket milestones. Fingers crossed!
-
- A rough sketch of SpaceX’s launch schedule over the next few months. (Eric Ralph)
-
- After CRS-15, all orbital launches will be use Block 5 boosters and upper stages. The upgraded rocket’s next launch is NET July 20. (Tom Cross)
Follow us for live updates, peeks behind the scenes, and photos from Teslarati’s East and West coast photographers.
Teslarati – Instagram – Twitter
Tom Cross – Twitter
Pauline Acalin – Twitter
Eric Ralph – Twitter
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’
