News
NASA spacecraft successfully slams into asteroid ten months after SpaceX launch
Ten months after launching into interplanetary space on a SpaceX Falcon 9 rocket, NASA’s Double Asteroid Redirect Test (DART) spacecraft has successfully impacted an asteroid moon.
Falcon 9 lifted off from Vandenberg Space Force Base (VSFB) Space Launch Complex 4 (SLC-4) carrying the 630-kilogram (~1400 lb) spacecraft on November 24th, 2021. The rocket performed flawlessly, continuing a streak of successful launches, and boosted DART on its way to a near-Earth asteroid pair.
The goal: slam into the small asteroid moon Dimorphos at an eyewatering speed of 6.3 kilometers per second (14,000 mph / Mach 18). Ten months later, the spacecraft has accomplished exactly that, successfully crashing into a target about 160 meters (530 ft) wide just 17 meters away from a perfect ‘bullseye’ after traveling for ten months and hundreds of millions of kilometers through space. Depending on the results NASA and dozens of other groups will now attempt to glean from ground and space telescopes, the successful impact could be a major leap forward for the field of planetary defense.
The main goal of planetary defense is to protect humanity’s home planet from asteroids, a threat that has routinely caused mass-extinction events throughout the multibillion-year history of life on Earth. With the technology to both detect and reach virtually all near-Earth objects (NEOs) more or less at hand, DART is the first attempt to test and verify what would seem to be the easiest and most obvious method of redirecting asteroids: knocking them off course with the spacecraft itself.
Planetary science and the behavior of things in microgravity conditions have a tendency to defy expectations, however, so testing that assumption is essential. The perfect way to do so came to DART Lead Investigator Andy Chang in a burst of mid-exercise inspiration: instead of hitting any odd NEO, a small spacecraft could slam into a tiny asteroid moon of a much larger parent asteroid. Hitting an asteroid moon would mitigate the small but nonzero risk of accidentally redirecting the target towards Earth while also amplifying the results, making them much easier to observe from tens of millions of kilometers away.
Rather than being forced to search for a virtually imperceptible change in a single asteroid’s half-billion-kilometer-long orbit, the results of hitting the right asteroid moon would be much more easily detectable as a change in the moon’s much smaller orbit around its untouched parent asteroid.
The problem is that aside from spectrographic readings that tell scientists the broad strokes of an asteroid’s composition and other telescope images that can make out the rough shape, it’s very difficult to scout the objects without actually visiting them. And given the difficulty, spacecraft have only visited a handful of the virtually countless asteroids of our solar system. Without knowing exactly what a target asteroid’s surface and subsurface are like, it’s hard to predict exactly what a spacecraft impacting that asteroid will do. A looser surface, which is what most visited asteroids appear to have, would be much worse at momentum transfer than a boulder or relatively solid surface of rock.
As an example, as DART rapidly approached and revealed more detailed views of the surface of Didymos and Dimorphos in its final minutes, Chang himself was surprised to see just how rough and boulder-strewn the surface of both asteroids were. Then, after the spacecraft impact, many scientists were also surprised to almost immediately see a massive cloud of dust – easily visible from ground-based telescopes – ejected from Dimorphos.
Despite the DART spacecraft’s eventful demise, the fun has only just begun on the ground as scientists attempt to solve that riddle (and many others) and begin searching for changes in Dimorphos’ orbit. Data will soon arrive from even larger and more prestigious observatories, including NASA’s space-based Hubble and Webb Space Telescopes. Italian companion cubesat LICIACube, which deployed from DART shortly before impact, will also downlink images it took up close, potentially offering the most detailed view of the impact for years.
Meanwhile, the European Space Agency (ESA) is developing a spacecraft called Hera that will launch in 2024 and attempt to enter orbit around Didymos and Dimorphos as early as late 2026 to examine the aftermath of DART’s last stand in even greater detail.
In the more distant future, particularly if the international science community ultimately concludes that DART did successfully redirect an asteroid (moon), it’s possible that the mission will help to kickstart an entirely new global project and fleet of spacecraft that will stand ready to protect Earth if the need ever truly arises. With a little luck and a modest amount of government funding, humanity may soon be able to entirely eradicate one of the most infamous sources of mass extinction.
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
News
Tesla stuns with another FSD approval in Europe, its second in two days
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.