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Boeing's astronaut capsule flies off course, fate uncertain after launch debut
Roughly 30 minutes after lifting off for the first time on a United Launch Alliance (ULA) Atlas V rocket, Boeing’s Starliner crew capsule suffered a major failure when it attempted to raise its orbit with onboard engines.
A few hours after the failure came to light, NASA and Boeing held a press conference to update members of the media on the situation, with the space agency offering some candid – if a bit odd – insight into Starliner’s anomalous launch debut. Before the spacecraft’s software threw a wrench into the gears, the plan was for Starliner to separate from ULA’s Atlas V Centaur upper stage and use its own thrusters to reach orbit and begin the trek up Earth’s gravity well to the International Space Station (ISS).
While it will likely take weeks or even months for Boeing and NASA to determine exactly what went wrong during the mission, preliminary information has already begun to paint a fairly detailed picture.
Around 15 minutes after liftoff, Starliner separated from the rocket as intended but it appears that things began to go awry almost immediately afterward. Most notably, according to NASA administrator Jim Bridenstine’s tweets and later comments, a very early look at the telemetry suggests that Starliner’s internal clock was somehow tricked into believing that the time was either earlier or later than it actually was.
Thinking that it was in the midst of a lengthy thruster firing meant to raise its orbit and send the spacecraft on its way to the space station, Starliner was thus focused on ensuring that it was pointed as accurately as possible. Although the space station is the size of a football field, in the vastness of space, rendezvousing with it is a bit like threading a needle. While firing thrusters to do so, spacecraft thus need to point themselves as accurately as possible.
While coasting before or after one of those orbit-boosting thruster firings, Starliner thought it was actually burning towards the space station and was thus very carefully controlling its orientation with a dozen or so smaller thrusters. In short, those unintentional thruster firings burned through a ton of Starliner’s limited propellant supply – enough to make it impossible (or nearly so) for the spacecraft to rendezvous and dock the ISS, a central purpose of this particular launch.
This ultimately means that Starliner is leaning heavily on the “test” aspect of this Orbital Flight Test (OFT), uncovering failure modes and bugs that Boeing was clearly unable to tease out with ground testing and simulation. While in a totally different ballpark, SpaceX similar Crew Dragon spacecraft suffered its own major failure earlier this year, although that capsule explosion occurred during intentional ground testing, whereas Starliner’s software failed during its high-profile launch debut and has severely curtailed the scope of the spacecraft’s first orbital flight test.
In fact, Bridenstine was unable to rule out the possibility that Boeing will have to attempt a second uncrewed orbital flight test (OFT) before Starliner will be qualified to launch the space agency’s astronauts. Although early signs suggest that Boeing will still be able to attempt to deorbit and recover the spacecraft a day or two from now, the fact that Starliner will not be able to perform critical demonstrations of its ISS rendezvous and docking capabilities will make it far harder for NASA to rationally certify the spacecraft for astronaut launches.
SpaceX’s Crew Dragon, for reference, completed a more or less flawless launch, orbit raise, and rendezvous before docking with the ISS. It’s almost impossible to imagine NASA giving SpaceX permission to proceed immediately into its first astronaut launch if Crew Dragon had failed to reach the proper orbit or dock with the space station.
Regardless, it’s far too early to tell whether Boeing will have to repeat Starliner’s OFT. If Starliner performs absolutely perfectly between now and its planned soft-landing in New Mexico, there might be a chance that NASA will still allow Boeing to effectively cut corners to its astronaut launch debut, but only time will tell.
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Elon Musk
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.
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
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.”
Investor's Corner
Tesla unfolded its first European “folding Supercharger”
Tesla’s folding Supercharger just arrived in Europe and it changes how fast charging expands.
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
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.
First Folding Unit Superchargers in Europe 🇪🇺 https://t.co/KNfYWJukkL pic.twitter.com/YR1udIpH1i
— Tesla Charging (@TeslaCharging) June 10, 2026
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.
De @Tesla community houdt hier al geruime tijd de vinger aan de pols over de toelating voor de FSD-technologie op onze Vlaamse en Belgische wegen.
Uit waardering voor jullie niet-aflatende interesse (en aanmoediging 😉), krijgen jullie hierbij de primeur: ik heb net de toelating… pic.twitter.com/Yrps4OHTj8— Annick De Ridder (@AnnickDeRidder) June 10, 2026
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.
Getting Full Self-Driving in Spain and England will be such huge milestones for Tesla. I am so excited to see how FSD performs in Madrid, Barcelona, and London, specifically.
The ultimate test will always be Mumbai or New Delhi. Excited for India’s eventual approval! https://t.co/paw9Ch1qmL pic.twitter.com/9RdDERVSSJ
— TESLARATI (@Teslarati) June 9, 2026
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.
SpaceX (SPCX) IPO is live today at $135: Here’s exactly what you need to know
Tesla unfolded its first European “folding Supercharger”
