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Elon Musk shows off SpaceX’s Falcon 9 Block 5 ahead of launch and landing debut

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SpaceX CEO Elon Musk has published what appears to be the first official photo of the company’s newest Falcon 9 upgrade, known as Block 5. This particular booster is the first Falcon 9 Block 5 to be shipped to SpaceX’s launch facilities and is currently aiming for its first launch sometime next week after a May 4 static fire test, perhaps its first of anywhere from 10 to 100 operational missions.

Designed with reliability and reusability front and center, the booster upgrades have focused on additional thermal protection around the octaweb and interstage, reusable legs capable of retracting after recovery, titanium grid fins, and dramatic improvements to the heatshield at the base of the rocket. On the reliability side of upgrades, SpaceX has completed dozens of Merlin 1D static fires to qualify a turbopump redesign requested by NASA, as well as an upgraded COPV designed to guard against the type of anomaly that catastrophically destroyed Amos-6 and Falcon 9 in September 2016. A huge amount of work has also been done to improve and redesign aspects of Falcon 9 for easier (and cheaper) production and refurbishment, most notably replacing the welded octaweb structure with a bolted alternative likely to relieve many headaches and many days of octaweb weld checks.

Aside from the biggest and most obvious changes, Block 5 is host to dozens or hundreds of additional tweaks and updates, a reflection of SpaceX’s pursuit of continuous improvement. Per SpaceX’s Vice President of Manufacturing Andy Lambert, SpaceX has “never built any two vehicles identically”, and Block 5 continues that tradition. Many Block 5 features have, however, already been flight-tested and optimized on previous Block 4 launches, including the octaweb heatshield, titanium gridfins, and minor aerodynamic tweaks to the second stage.

Block 5 sitting on the pad – harsh late day lighting [6341x 2804]
by inSpaceXLounge

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The rocket is set to conduct its inaugural launch sometime next week – although the current schedule has SpaceX on May 7, Bangladeshi media have indicated that that date will slip a few days to the right after a handful of delays to the booster’s static fire. Tasked with lofting the country’s first geostationary communications satellite, Bangabandhu-1, B1046 will carry the 3500 kg spacecraft on its way to a high-energy geostationary transfer orbit before separating from the second stage and heading back to earth. The drone ship ‘Of Course I Still Love You’ and tugboat Rachel were spied departing from Port Canaveral at around the same time as Falcon 9 rolled out, and they will travel several hundred miles into the Atlantic to catch the pathfinder booster.

Teslarati photographer Tom Cross will be on hand to capture the historic rocket’s static fire and launch over the next week or so, as well as the first Block 5 recovery on OCISLY if all goes as planned. Failure is always a possibility when flight-testing significantly upgraded technological systems, rockets especially, but SpaceX likely has far less tolerance for failure in the case of Block 5 – any problems with the rocket will almost invariably mothball into NASA concerns and investigations as the company nears its first crewed launches. Fingers crossed for the successful inaugural launch and landing of Falcon 9 Booster 1046.

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Eric Ralph is Teslarati's senior spaceflight reporter and has been covering the industry in some capacity for almost half a decade, largely spurred in 2016 by a trip to Mexico to watch Elon Musk reveal SpaceX's plans for Mars in person. Aside from spreading interest and excitement about spaceflight far and wide, his primary goal is to cover humanity's ongoing efforts to expand beyond Earth to the Moon, Mars, and elsewhere.

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Tesla tops American-Made Index for sixth-consecutive year

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Credit: Tesla

Tesla is atop the American-Made Index from Cars.com for the sixth-straight year, as the Model 3 and Model Y took the top two spots, respectively.

Last year, the Model 3, Model Y, Model S, and Model X took the top four spots, respectively. The company has routinely performed well in the Index. However, Tesla discontinued its flagship Model S and Model X earlier this year, which took the two cars out of the ranking.

Cybertruck is not considered due to its curb weight being above the 8,500-pound threshold, which eliminates it from being required to have more detailed assembly information.

Cars.com uses five main categories to develop its rankings:

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  • Location(s) of final assembly
  • Percentage of U.S. and Canadian parts
  • Countries of origin for all available engines
  • Countries of origin for all available transmissions
  • U.S. manufacturing workforce

These five major factors are then put into a 100-point scale. The vehicles with the highest scores sit atop the list. The Model 3 edged out the Model Y.

Tesla uses a strong domestic strategy to build its cars and parts domestically. It relies on intense vertical integration that reduces its dependence on global suppliers, keeping more value and jobs in the United States.

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This strategy has helped Tesla gain a strong reputation for domestically produced vehicles and parts. However, it helps it with more than just awards like this one. Keeping a supply chain local has also helped insulate Tesla more than others from tariffs and supply chain disruptions.

This year’s American-Made Index from Cars.com studied nearly 400 vehicles from the 2026 model year. Tesla was the only manufacturer to have an EV inside the Top 10. The Kia EV9 was the next EV to make the list, scoring the 17th position.

The Hyundai IONIQ 5 was 21st, and the final EV to make the list was the Cadillac LYRIQ in 77th.

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Elon Musk

Tesla finally clarifies fatal Texas crash, confirms driver manually overrode acceleration

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Credit: CNBC

Tesla has finally clarified the situation regarding the viral crash in Texas where a Model 3 slammed into a home.

CEO Elon Musk replied to reports on Monday that stated the crash was due to the company’s Full Self-Driving or Autopilot suite, which seemed unlikely to those who are familiar with it. Video showed the car slamming into a house at an excessive rate of speed, making it highly unlikely the crash was due to the suite’s operation, as it does not travel at those speeds in residential areas.

Musk said:

“This makes no sense. FSD drives slowly through neighborhood streets, and this was a high-speed crash!”

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Tesla’s Head of AI, Ashok Elluswamy, added context, revealing that the company’s data shows the driver “manually overrode self-driving by pressing the accelerator all the way to 100%.”

He revealed the speed reached by the car was 73 MPH, and the accelerator was still pressed “even after the crash.”

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Authorities are reportedly investigating “whether Tesla’s Autopilot system played a role after a Model 3 left the roadway…slammed through a brick house at high speed and fatally struck Matha Avila as she sat inside,” the New York Post reported.

The National Highway Traffic Safety Administration (NHTSA) is now investigating the crash. Tesla will work with the agency to provide them with whatever information they need in order to clarify the cause of the crash.

Similarly, Tesla had claims of a fatal accident in Harris County, Texas, a few years ago. Early reports indicated that Full Self-Driving was the cause of the crash. After the National Transportation Safety Board (NTSB) worked with Tesla, the agency proved there was “no use of the Autopilot system at any time during this ownership period of the vehicle, including the time frame up to the last transmitted timestamp on April 17, 2021.”

Tesla alleged “driverless” crash in Texas: What is known so far

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“Application of the accelerator pedal was found to be as high as 98.8 percent,” the NTSB said in their findings. The highest recorded speed in the five seconds leading up to the impact was 67 miles per hour. The area where the crash occurred is residential, and Texas State laws have default speed limits of 30 MPH in residential streets.

This appears to be a similar situation. However, an investigation will prove what happened for sure.

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Investor's Corner

SpaceX makes $20 billion move to optimize its balance sheet

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Credit: SpaceX

SpaceX announced today that it commenced its first-ever public bond offering, marking a significant step in the newly public company’s capital markets strategy.

The company announced an offering of senior unsecured notes expected to raise at least $20 billion.

The move comes just a short time after SpaceX completed one of the largest initial public offerings in history. In mid-June, the company priced shares at $135 and raised more than $85 billion, propelling founder Elon Musk’s net worth past the trillion-dollar mark and giving the firm substantial liquidity.

According to the company’s SEC filing, the net proceeds from the notes will be used primarily to repay in full the outstanding borrowings under its existing bridge loan facility, cover related fees and expenses, and fund general corporate purposes. The offering is being conducted under Rule 144A, as well as Regulation S, targeting qualified institutional buyers and non-U.S. investors. Notes will be unsecured obligations ranking equally with other unsubordinated debt.

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The $20 billion bridge loan was used to refinance approximately $17.5 billion in higher-cost “junk” debt tied to X and xAI. SpaceX had merged with xAI in February 2026 in an all-stock deal. The bridge facility, which matures in September 2027, had represented the bulk of SpaceX’s long-term debt.

SpaceX officially acquires xAI, merging rockets with AI expertise

In connection with the bond launch, SpaceX disclosed it held approximately $100.8 billion in cash and cash equivalents as of June 19. Investor calls began on the announcement date, with pricing and launch expected shortly thereafter. Rating agencies have assigned investment-grade ratings to the proposed bonds, reflecting confidence in SpaceX’s dominant position in commercial launches and the growth trajectory of its Starlink internet offering.

The debt raise also allows SpaceX to optimize its balance sheet by replacing short-term, higher-cost bridge financing with longer-date, lower-cost fixed-income securities. This provides greater financial flexibility to support capital-intensive initiatives, including the development of Starship, the expansion of the Starlink constellation, and the integration of AI capabilities following the xAI combination.

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SpaceX shares (NASDAQ: SPCX) fell sharply on the news, dropping over 16 percent overall on the market on Monday. The stock had surged initially after debuting but pulled back amid profit-taking and broader market dynamics.

Overall, the bond offering underscores SpaceX’s transition to a mature public company with access to diverse funding sources. It positions the firm to pursue its long-term vision of multiplanetary expansion and AI infrastructure, while maintaining a disciplined approach to its capital structure in a high-growth but capital-heavy industry.

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