News
India could become the fourth country ever to soft-land a spacecraft on the Moon next week
The Indian Space Research Organization (ISRO) is perhaps just a few weeks (maybe days) away from attempting to place the country in the history books, hopefully setting India up to become the fourth nation on Earth – after the Soviet Union, United States, and China – to successfully soft-land on the Moon.
Known as Chandrayaan-2, the mission seeks to simultaneously launch a lunar orbiter, lander, and rover, altogether weighing nearly 3900 kg (8600 lb) at liftoff. If successful, the trio of spacecraft will remain integrated for about two months as the orbiter slowly raises its Earth orbit to eventually intercept and begin orbiting the Moon. Although originally expected to launch on Sunday, July 14th (July 15th local time), a bug with the Indian-built launch vehicle’s upper stage has pushed Chandrayaan-2 outside its original launch window, which ended today (July 16th). Depending on the complexity of the mission profile ISRO is using, the delay should be no more than a few days to a few weeks before the next launch window opens.
Editor’s note: Following ISRO’s July 15th scrub, the Chandrayaan-2 Moon lander mission has been rescheduled for launch no earlier than (NET) 2:43 pm local time, July 22nd (2:13 am PDT/9:13 UTC, July 23rd).
Fourth to the Moon (in one piece)
- All the way back in 1966, the Soviet Union (USSR) became the first to successfully soft-land an uncrewed spacecraft on the Moon with a mission known as Luna-9. Some four months after the momentous achievement, the United States became the second, safely landing Surveyor-1 on the Moon in June 1966.
- At the height of the space race, huge amounts of money was being funneled into these milestones, permitting the companies, institutions, and space agencies building, launching, and operating the individual missions to almost throw hardware at the metaphorical wall until something stuck. With the Soviet space program, this involved 17 failures, two successes, and one partial success in the first 7 years of the Luna initiative, culminating in Luna 9’s successful landing in February 1966.
- The US had three major separate programs known as Ranger, Lunar Orbiter, and Surveyor, the former of which was meant to simply fly past or impact the Moon to acquire detailed photos of its surface. Ranger suffered five consecutive failures and one partial failure before three full successes, while Orbiter was a complete success (5/5) and Surveyor failed only 2 of 7 attempts.
- Ultimately, this little snippet of history is simply meant to emphasize the utterly different approaches of those pathfinder programs relative to modern exploration efforts. In the case of ISRO’s Chandrayaan-2, failure would likely mean several years of delays before the next possible attempt – there is no concurrent (verging on mass-) production of multiple spacecraft like there was with Surveyor and Luna.
- Just shy of 50 years after the back-to-back first and second soft landings of Luna-9 and Surveyor-1, China became the third nation on Earth to successfully soft-land on the Moon with its 2013 Chang’e-3 mission, featuring a lander and rover. This was followed by Chang’e-4 in 2018, which continues to successfully operate 8 months after achieving the first successful soft-landing on the far side of the Moon.
- Finally, just several months ago, private company SpaceIL – supported by Israeli aerospace company IAI – attempted (albeit unsuccessfully) to make Israel the fourth country to land on the Moon.
Indian spacecraft, Indian rocket
- This finally brings us to Chandrayaan-2, what can only be described as a continuation of a recent resurgence in interest and serious robotic exploration of the Moon. Once it launches, the mission will take roughly 56 days to get into position for an attempted soft-landing. Prior to landing, the orbiter – in a circular, 100-km (62 mi) lunar orbit – will actively scout the intended landing site with a high-resolution ~0.3m/pixel camera to help the lander avoid any dangerous terrain.
- Once complete, the lander – carrying a tiny, ~27 kg (60 lb) rover – will begin its deorbit and landing maneuvers, hopefully culminating in a successful, gentle landing near the Moon’s South pole.
- Sadly, the Vikram lander and Pragyaan rover have an expected life of just one lunar day after landing, translating to ~14 Earth days or ~340 hours. This is a strong indicator that the Chandrayaan-2 landing component was not designed to survive the ultra-cold and harsh lunar night, also ~14 Earth days long.
- This isn’t much of a surprise, as surviving the lunar night is a whole different challenge that is rarely worth the hardware, effort, and funding required until the first prerequisite – a soft landing on the Moon – has been successfully demonstrated.
- A follow-up mission known as Chandrayaan-2 has already been proposed and would likely permit far lengthier exploration of the lunar south pole if India and launch partner Japan choose to move forward with it.
- Chandrayaan-2 will be launched on an Indian-built Geosynchronous Satellite Launch Vehicle (GSLV) Mk III-D2 rocket, the most powerful rocket in India’s arsenal. Although GSLV Mk III weighs significantly more than SpaceX’s
- Falcon 9 when fully fueled (640 metric tons to F9’s 550), the rocket is almost a third less capable to Low Earth Orbit (LEO) – 8000 kg to F9’s ~23,000 kg.
- However, thanks to the development of an efficient liquid hydrogen/oxygen (hydrolox) upper stage and engine, the rocket comes into its own when dealing with its namesake – geostationary (i.e. high-altitude) satellite launches. To GTO, GSLV Mk III is reportedly capable of launching at least 4000 kg, almost half of Falcon 9’s expendable performance and almost 75% as much as Falcon 9 with booster landing.
- Even more impressive is the cost: ISRO purchased a block of 10 GSLV Mk III rockets in 2018 for roughly $630M, translating to ~$63M per rocket, nearly equivalent to Falcon 9’s own list price of $62M. This places GSLV Mk III around the same level as Russia’s Proton-M rocket in terms of a cost-to-performance ratio, still second to Falcon 9 in most cases. GSLV Mk III has only launched three times (all successful) since its 2014 debut and Chandrayaan-2 will be its fourth launch.
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”
