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Boeing Starliner and SpaceX Crew Dragon crew capsules on track for back-to-back launches

On November 21st, Boeing's Orbital Flight Test Starliner spacecraft departed its integration facilities and headed for ULA's LC-41 launch pad. (Richard Angle)

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NASA Commercial Crew partners Boeing and SpaceX are taking big steps towards two unique flight tests of their respective Starliner and Crew Dragon spacecraft, and – if the stars align – could jam-pack next month with spaceflight milestones.

In the last two weeks alone, both companies have checked off major milestones while preparing their human-rated spacecraft for flight, and – with a little luck over the next few weeks – Starliner and Crew Dragon processing could align for back-to-back launches in the last few weeks of 2019.

A render of Boeing’s Starliner spacecraft. (Boeing)
Crew Dragon arrives at the International Space Station during its March 2019 Demo-1 mission and orbital launch debut. (NASA)

On Atlas’ shoulders

Starliner’s uncrewed orbital flight test (OFT) is currently scheduled no earlier than (NET) December 17th and Boeing – after years of delays – is finally on the last legs of preparation for the spacecraft’s orbital launch debut (OFT). On November 4th, some 12 months after it was originally planned to occur, Boeing’s Starliner spacecraft completed a (mostly) successful pad abort test, demonstrating the ability to whisk astronauts away from a failing rocket or any other pad emergency prior to launch. Aside from a parachute deployment failure caused by insufficient quality assurance checkouts, Starliner performed exactly as expected.

With the Starliner pad abort now complete, the spacecraft’s OFT is front and center. On November 20th, United Launch Alliance (ULA) CEO Tory Bruno announced that the company – chosen by Boeing to launch Starliner – had successfully completed a “Mission Dress Rehearsal”, more or less a virtual simulation of Atlas V launch operations.

According to ULA, the MDR was a joint test conducted by ULA teams in Denver and Cape Canaveral, personnel from NASA and Boeing, and the Cape Canaveral Air Force Station (CCAFS) 45th Space Wing.

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On November 21st, the day after Atlas V’s successful MDR, Boeing officially handed off the OFT Starliner to ULA, who used a small wheeled crawler to transport the spacecraft from Boeing’s Commercial Crew and Cargo Processing Facility (C3PF) to ULA’s LC-41 launch complex. Finally, shortly after the transporter arrived at LC-41, ULA craned the spacecraft to the top of its Vertical Integration Facility (VIF) and technicians secured Starliner to the rocket’s payload adapter and Centaur upper stage, itself recently stacked atop an Atlas V booster.

Atlas V was brought vertical on November 4th in preparation for Starliner mate. (ULA)

The time left ahead of OFT will be used to ensure a successful first flight of both the spacecraft and its uniquely-configured launch vehicle. OFT will be the first time Atlas V launches a payload without a fairing. Combined with the unusual fact that Starliner is significantly wider than the rocket’s Centaur upper stage, a large skirt and other unusual aerodynamic features had to be added to counterbalance dangerous instability that could otherwise crop up in flight.

Of note, the OFT Starliner’s service section (the cylindrical lower half) will not launch with an operational abort system, meaning that the system of four powerful engines are either entirely absent or will be disabled in flight.

Starliner prepares to leave its integration hangar ahead of OFT. (Boeing)
After leaving the hangar, ULA took possession of Starliner and transported the spacecraft to its Atlas V launch pad. (Richard Angle)

Boeing’s Starliner OFT will more or less mirror Crew Dragon’s March 2019 launch debut, nominally launching, reaching orbit, rendezvousing and docking with the ISS, and successfully returning to Earth a week or so later. Although NASA did not originally require its CCP providers to perform uncrewed orbital flight tests prior to their first attempted crewed launches, NASA officials have since made it clear that they are extremely grateful that Boeing and SpaceX proposed them.

Encore!

At the same time as Boeing and ULA are preparing for Starliner’s first orbital launch, SpaceX is in the late stages of preparing Falcon 9 and Crew Dragon for the spacecraft’s In-Flight Abort (IFA), a test that Boeing chose not to perform – NASA required a pad abort but left the rest up to its providers to propose (or not propose). On November 13th, Crew Dragon capsule C205 successfully fired up two Draco maneuvering thrusters and its eight integrated SuperDraco abort engines, verifying that a major design flaw that destroyed capsule C201 has likely been alleviated.

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Crew Dragon’s IFA test is scheduled no earlier than December 2019 and will likely fall somewhere in the second half of the month, potentially putting it just days before or after Starliner’s orbital launch debut. All told, the last month of 2019 is likely to be jam-packed with major spaceflight milestones, particularly for NASA’s Commercial Crew Program. If all goes as planned during Boeing and SpaceX’s imminent flight tests, both providers believe they could be ready for their first astronaut launches in early 2020.

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Elon Musk

Elon Musk strikes down reports on SpaceX IPO rumors

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Credit: Grok

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.

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.

SpaceX just filed for the IPO everyone was waiting for

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.

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Elon Musk

Tesla’s Robotaxi dreams just took a massive step toward reality

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Credit: Tesla

Tesla’s dreams of operating a fully autonomous ride-hailing platform just took a massive step toward reality, as two separate events have indicated the company is perhaps closer than ever to achieving self-driving as a product.

On Thursday, Tesla was granted authorization by the State of Texas to operate driverless vehicles in a commercial manner. On May 28, Senate Bill 2807, passed by the 89th Texas Legislature, took effect after being passed back on September 1, 2025.

The bill establishes a statewide regulatory framework requiring authorization from the Texas Department of Motor Vehicles for companies to operate automated vehicles commercially on Texas roads.

This covers driverless, or SAE Level 4+, operations for passenger transport, meaning Robotaxi, or freight.

Tesla and other companies can self-certify their vehicles and tech as long as they:

  • Operate in compliance with Texas traffic laws
  • Maintain proper registration, title, and insurance
  • Use compliant automated driving systems
  • Record onboard activity and handle system failures and glitches safely.

The new authorization, which was first reported by James Stephenson on X, allows companies to utilize their own processes to determine if their vehicles are ready to operate without drivers.

It is a rule that expedites the entire approval process, keeping agencies out of a usually long, lengthy, and frustrating task that is essential to technological advancements. It essentially means Tesla can launch commercial Robotaxi operations at this point.

On the very same day, Tesla continued the momentum as CEO Elon Musk shared a video of Cybercab units autonomously driving off the property at Gigafactory Texas. This is a major step in the story of the Cybercab.

Mass production of the Cybercab started at Giga Texas in April, and it is already heading out of the factory on its own.

These two major events mark a drastic step forward in Tesla’s progress toward Cybercab and the permissions it needs to operate a self-driving ride-hailing service. Tesla is now able to operate autonomously under Texas law by self-certifying, and with the potentially imminent rollout of Cybercab, Tesla’s autonomous dreams are starting to take serious shape.

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Elon Musk

The Tesla and SpaceX merger everyone is talking about is quietly building

Tesla and SpaceX may be closer to merging than Wall Street or either company is admitting.

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Elon Musk has reportedly discussed merging Tesla and SpaceX with people close to him, according to CNBC, which cited sources familiar with the conversation. Tesla employees have long expected such a transaction and the topic is openly discussed internally, according to internal sources. With SpaceX is days away from kicking off its Wall Street roadshow for what could be the largest IPO in market history, this would be the first time the company will have public market currency to execute a stock-for-stock deal with Tesla.

The financial logic for a merger would make sense. A combined SpaceX and Tesla would create a conglomerate spanning rockets, satellites, electric vehicles, AI infrastructure, and energy storage valued at roughly $3.35 trillion to $3.6 trillion based on SpaceX’s IPO target range and Tesla’s current market capitalization. The two companies are already more intertwined than most people realize. SpaceX bought $697 million worth of Tesla Megapack systems for xAI data centers and $131 million worth of Cybertrucks. Tesla invested $2 billion in xAI, which subsequently merged with SpaceX. Past transactions also include Tesla selling solar equipment and parts to SpaceX, and SpaceX helping with Cybertruck materials.

Will Tesla join the fold? Predicting a triple merger with SpaceX and xAI

Musk himself signaled where this was heading in November 2025 when he posted on X, “My companies are, surprisingly in some ways, trending towards convergence.” Tesla and SpaceX announced a joint semiconductor fabrication facility in Austin called Terafab on the Gigafactory Texas campus, covering two advanced chip factories, with one serving Tesla’s AI needs for vehicles and Optimus robots, the other targeting space-based data centers under SpaceX’s infrastructure vision.

Wedbush analyst Dan Ives places the probability of a merger at 80% to 90% with a target completion in the first half of 2027. The mechanics of a deal became possible the moment SpaceX filed its S-1. Legal experts said a merger likely would not spark antitrust issues but would raise concerns among shareholders in each company, with questions around which company would be the parent, how a stock swap would take place, and who determines the appropriate price. Musk holds about 20% of Tesla’s equity but controls 85.1% of SpaceX’s voting power through a super-voting share class, meaning he would largely be negotiating the terms with himself.

Elon Musk explains why he cannot be fired from SpaceX

Not everyone is convinced the timing is imminent. Traders on Kalshi place only 33% odds that a merger will happen before May 2027. The more immediate concern for Tesla shareholders is whether the SpaceX IPO pulls capital and Musk’s attention away from Tesla before any merger consolidates the upside for both.

What is clear is that the structural groundwork is already being laid. The Terafab announcement, the xAI merger, the shared supply chain, the cross-company balance sheet transactions, and now the IPO all point in the same direction. Whether the merger follows in 2027 or later, the two companies are already operating more like divisions of a single entity than independent competitors.

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