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Firefly nears second orbital launch attempt as US forces Ukrainian founder to divest
While the rocket startup he is responsible for resurrecting is preparing for a second orbital launch attempt, a Ukrainian multimillionaire – an entrepreneur, businessman, and the founder of Firefly Aerospace – has once again been forced to take extreme actions by the US government.
Resurrected in 2017 after going bankrupt and ceasing operations the year prior, Firefly is a private launch provider based out of Austin, Texas and founded by Maxim Polyakov and former CEO Tom Markusic. Polyakov has supported the company since its second inception, privately funding the startup with over $200 million earned through success in Ukrainian tech industries. With those contributions, Polyakov was able to singlehandedly resurrect the startup from bankruptcy and continue the development of an even more ambitious Alpha launch vehicle.
For the last two years, though, Polyakov has been under scrutiny from US government officials, who’ve objected to Polyakov – a Ukrainian and UK citizen – having control over the company, with fears that the launch technology developed by the company could make its way back to Ukraine and poses a national security threat.
The update that's rolling out to the fleet makes full use of the front and rear steering travel to minimize turning circle. In this case a reduction of 1.6 feet just over the air— Wes (@wmorrill3) April 16, 2024
In late 2020, Polyakov quietly stepped down as chairman and withdrew from Firefly’s day-to-day operations in the hopes of killing the controversy and giving the startup a better chance at being awarded government contracts. Firefly’s board of directors includes many former U.S government officials, including Deborah Lee James, former secretary of the Air Force, and Robert Cardillo, former director of the National Geospatial Intelligence Agency.
However, officials were not satisfied with Polyakov simply stepping down from operations, indicating they want him to have less ownership in the company as well. In November 2021, just two months after Firefly’s inaugural flight test, Polyakov received a letter from the Committee on Foreign Investment in the U.S (CFIUS). This letter expressed these ongoing concerns and asked that he, along with his investment company, Noosphere Venture Partners, sell their stock in Firefly; which amounted to over 50% stake in the company. Because of this request, Firefly halted their operations at Vandenberg Air-force Base.
Before halting launch operations, Firefly claimed to be on track for another Alpha launch as early as January 2022. Firefly’s first launch on September 2nd, 2021 ended in failure around two minutes after liftoff due to a premature engine shutdown. Jason Mello, president of Firefly Space Transportation Services, stated in an interview that fixing the problem responsible for the failure was “fairly easy and straightforward.”
On February 16th, 2022 Polyakov revealed that the United States government had once again gone on the offensive, this time forcing him to fully and permanently cede any involvement in his company. He posted the following statement on Facebook:
Polyakov revealed that he chose to sell his 58% stake in the company to co-founder and CEO Tom Markusic for $1 USD – a selfless act given that selling his stake for nothing all but guarantees he will never recoup a cent of the several hundred million dollars he invested in Firefly.
Previously, Polyakov expressed how excited he was to turn Firefly into a massive aerospace company that both the United States and Ukraine could be proud of and benefit from. “During the Soviet era, Ukraine produced some of the world’s best rocket and engine technology, but much of those inventions have languished in recent years due to lack of investment. The hope was that Firefly could pair its best engineers from the U.S. and Ukraine together to make a fleet of large rockets capable of taking many satellites into orbit and, later on, missions to the moon. Polyakov wanted the U.S. to gain access to Ukrainian expertise, while also finding a way to boost the prospects of Ukrainian aerospace engineers, he has said.” (Bloomberg)
It is speculated that the US government’s sudden and extreme requests came because of concerns over the rising tensions caused by Russia’s increasingly unstable posturing and recurring threats of invasion. Even though Ukraine is friendly with the United States, concerns of conflict with Russia may have increased worries about what might happen to technology developed inside of the country. Ukraine, a sovereign nation, has been forced to increase security along its borders as fear of a Russian invasion grows.
Despite the recent legal and organizational setbacks and drama caused by the US government, Firefly has been doing extremely well from a technical standpoint. The company recently shared a video of the successful static fire testing of both stages of the second Alpha rocket, indicating that it could be ready for flight in the very near future. Even though Polyakov was forced to abandon his aerospace startup, it’s never been more clear that his investment not only saved Firefly but raised the company closer to success than it’s ever been before.
Elon Musk
Tesla’s Roadster appearance at SpaceX has merger watchers talking
Tesla’s next generation Roadster was spotted at SpaceX’s Hawthorne headquarters, two weeks after its unveiling.
Tesla’s next generation Roadster turned up at SpaceX’s headquarters in Hawthorne, California on Wednesday, less than two weeks after the car flew off a ramp at its unveiling in Texas.
Photos shared on X by SpaceX Engineer (@DeannaRiceSPCX) show the new Roadster parked outdoors beside the famed Falcon 9 that stands outside company headquarters at the corner of Crenshaw Boulevard and Jack Northrop Avenue. Rocket B1019 was the first orbital-class booster ever to land after a launch on December 21, 2015 after it sent 11 Orbcomm satellites to orbit and then flew back to Landing Zone 1 at Cape Canaveral, which would be the first landing in what became SpaceX’s reusable rocket program. SpaceX chose not to fly it again. After a test fire in Florida, the booster was shipped to Hawthorne and raised upright as a permanent monument in August 2016, as Teslarati reported at the time. Putting the Roadster, which flies on SpaceX cold gas thrusters, next to the rocket that started SpaceX’s landings is symbolic in itself.
Small car, big rocket ambitions 🚀🚗 #roadster #falcon9 #spacex #tesla https://t.co/H32xUSXoCl
— Deanna Rice (@DeannaRiceSPCX) October 29, 2026
The Thrust and Rocket versions of the Roadster use cold gas thrusters fed by composite overwrapped pressure vessels, the same type of tank SpaceX flies on Falcon 9, and Elon Musk described the car as the work of Tesla and SpaceX engineers working together. Tesla lists 0 to 60 mph in under 0.9 seconds for Thrust and under 0.59 seconds for Rocket, while the base Performance model relies on a fan and ground sealing system for grip, as Teslarati detailed in its breakdown of the three Roadster configurations.
Tesla has kept the car in the spotlight since the October 15 event near Waco. Last week, the company posted a video of the Roadster’s fighter jet inspired cockpit, including a Track Mode screen with a “Thruster · 5,500 PSI” readout, which we covered in our look at the Roadster’s center display. Musk also said owners will be able to ask the car to perform the stunts autonomously, and promised a looping track at Tesla’s Texas headquarters.
The visit comes as special committees at Tesla and SpaceX weigh a possible merger, a step Musk confirmed on SpaceX’s third quarter earnings call. The Roadster, built on SpaceX hardware, has become one of the clearest examples of the two companies already building products together.
Musk said at the unveiling that Roadster production will begin in 2028. Reservations are open with a $50,000 payment, Thrust is listed as a limited release and Rocket is invite only. Tesla says the car is not approved for public road use.
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Verizon, AT&T and T-Mobile are trying to shut Starlink out before FCC vote
AT&T, Verizon and T-Mobile want 290 MHz cut from an FCC satellite plan before Thursday.
AT&T, Verizon and T-Mobile are asking the Federal Communications Commission to pull nearly 300 MHz of spectrum out of a proposal that would let satellite companies like SpaceX offer cell service directly to ordinary phones. The request lands one day before the agency votes on it.
The FCC will vote Thursday, October 29, on a notice of proposed rulemaking that would make an additional 482 MHz available for direct to device service, expanding the number of eligible bands from five to 13, according to the FCC fact sheet. It would also scrap the rule requiring a satellite operator to lease spectrum from carriers, replacing it with a certification that the operator has coexistence agreements in place or holds the terrestrial license itself.
That second path matters for SpaceX. As Teslarati reported earlier this month, SpaceX agreed to buy Grain Management’s nationwide 800 MHz portfolio to turn Starlink Mobile into a full US carrier, adding to the spectrum it already bought from EchoStar.
The carriers want two bands removed, 2.5 GHz and 3.45 GHz, which make up 290 MHz of the 482 MHz on the table. Through industry group CTIA, they argued that about 300 million users depend on those bands and that satellite operations in them are not technically feasible. T-Mobile, which calls 2.5 GHz the foundation of its Ultra Capacity 5G network, said in its own filing that satellite interference could wipe out up to 96% of a cell site’s uplink coverage area and cut uplink speeds by 88% to 99%.
Executives from all three carriers met with FCC staff on October 20, and T-Mobile CEO Srini Gopalan met separately with FCC Chairman Brendan Carr. T-Mobile’s role stands out because it is still SpaceX’s US launch partner for Starlink Mobile. The three carriers have also teamed up on their own satellite joint venture to pool spectrum, a move widely seen as a response to Starlink.
SpaceX is asking for the opposite. In an October 23 filing after meetings with FCC staff and commissioners’ offices, the company asked regulators to add the 902 to 928 MHz band to the proposal. “Doing so now saves time later,” SpaceX wrote. The company also asked the FCC to modernize interference rules and align satellite deployment requirements with those for terrestrial cell networks, saying the goal is to let satellite and ground networks work together so Americans stay connected wherever they are.
The carriers have not been shy about how they view SpaceX as a competitor. On Verizon’s third quarter earnings call Monday, its chief executive said Starlink Mobile “just can’t compete with a terrestrial network” and estimated SpaceX would need four to six years and $300 billion to $500 billion to build a full US carrier network.
Thursday’s vote will not settle which bands survive. Adopting the notice opens a public comment period, with final rules to come later in the proceeding. The FCC already considered and rejected 2.5 GHz for satellite coverage once, in 2024. SpaceX also is not the only satellite player watching: the FCC approved Amazon’s $11.6 billion acquisition of Globalstar on October 27, giving its planned direct to device fleet its own mobile satellite spectrum.
A Tesla Semi caught fire in Hayward, California, which caused both directions of traffic to shut down for hours before being completely reopened early on Wednesday, the California Highway Patrol said.
The fire occurred just after 5:30 local time in Hayward on Tuesday, as the Semi caught fire in the southbound lanes of I-880 before CHP officials made the decision to shut down both lanes of traffic due to potential risks from hazardous chemical smoke.
There were no injuries reported.
🚨 A Tesla Semi reportedly caught fire, with California Highway Patrol confirming. The Semi was on I-880 SB
An estimated 5,000 to 7,000 semi-truck and large commercial vehicle fires occur on U.S. roadways every year
— TESLARATI (@Teslarati) October 28, 2026
The cause of the fire is currently unknown, as neither Tesla nor the CHP have not determined a cause.
However, some images taken before the Semi was completely destroyed by the fire seem to indicate this might have been an older unit, as it appears to be one of the designs that Tesla shipped as part of its pilot program, before revising it and starting mass production just a month ago.
@Tslachan From on of the videos looks like it’s an old Semi (not the refresh version that recently started production) https://t.co/KzwmR2kXow
— Area Under The Curve 🎗️ (@AreaUnderCurve) October 28, 2026
At the time of publication, CHP had not returned our request for a comment for additional details, including the Semi involved and any potential collaboration on an investigation between the CHP and Tesla. We will update this story when we hear back from them.
The southbound lanes were reopened at 3:30 a.m. on Wednesday, with the northbound lanes opening last night a few hours after the fire began. The CHP did state that the lithium batteries were “incredibly difficult to extinguish,” according to NBC Bay Area.
The truck’s driver said that the Semi caught fire, but he did not have an explanation.
An estimated 5,000 to 7,000 semi-truck and large commercial vehicle fires occur on U.S. roadways every year.
Tesla’s Roadster appearance at SpaceX has merger watchers talking
Verizon, AT&T and T-Mobile are trying to shut Starlink out before FCC vote
