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NASA SLS rocket launches Orion spacecraft to the Moon
After years, months, days, hours, and minutes of waiting, NASA’s first Space Launch System (SLS) rocket has successfully lifted off from Kennedy Space Center and sent an Orion spacecraft on its way to the Moon.
Originally projected to launch by late 2016, SLS lifted off for the first time at 1:48 am EST (06:48 UTC) on November 16th, 2022. Once known as Exploration Mission 1 (EM-1), NASA’s SLS debut was renamed “Artemis I” when the Trump administration created the Artemis Program in 2017. By most measures a semi-modernized Apollo Program without a geopolitical race against the Soviet Union, the Artemis Program survived the election of a new president in 2020, and the SLS rocket’s debut has officially become the program’s first major mission to get off the ground.
That SLS rocket has had a very long journey to its first successful launch. Supplied by United Launch Alliance (ULA), the rocket’s small Interim Cryogenic Propulsion Stage (ICPS) – the stage responsible for orbital burns – was delivered to the Kennedy Space Center in November 2017. Boeing shipped the first Core Stage – SLS’ central liquid rocket booster – to Mississippi for proof testing in January 2020, and CS-1 completed that testing in March 2021 and was delivered to Florida by April 2021.
After almost 12 months of painstaking assembly, the first fully-assembled SLS rocket rolled out to Kennedy Space Center Launch Complex 39B (Pad 39B) and attempted its first on-pad wet dress rehearsal (WDR) test. Seven months, three partially-completed WDRs, and two aborted launch attempts later, everything finally came together on November 16th, 2022.
By all appearances, the first SLS launch went perfectly. Shortly before liftoff, SLS ignited four former Space Shuttle Main Engines, making sure they were performing as expected. Seconds later, the launch computer fully committed and ignited both of SLS’ Shuttle-derived solid rocket boosters (SRBs) – motors than cannot be shut down after they’re lit. Much like the Shuttle did, SLS leapt off the pad after SRB ignition.
Combined, NASA says its RS-25 liquid engines and SRBs produced up to 4000 tons (8.8M lbf/39,200 kN) of thrust at liftoff, making SLS the second most powerful rocket to ever leave the launch pad. Only the Soviet Union’s N1 rocket, which produced up to 4500 tons (9.9M lbf/44,100 kN) of thrust at liftoff, was more powerful. But unlike N1, which failed four times over four launch attempts, the first SLS rocket reached orbit as planned, making it the most powerful rocket ever successfully launched.
About two minutes after liftoff, both SRBs successfully separated from the Core Stage. Eight and a half minutes after liftoff, the Core Stage shut down its four RS-25 engines and deployed the ICPS and Orion spacecraft just below the height of a stable orbit. 51 minutes after liftoff, ICPS ignited its lone RL-10 engine for 22 seconds to insert itself and Orion into a stable Earth orbit. Finally, about an hour and forty minutes after liftoff, ICPS ignited for a lengthy 18-minute trans-lunar injection (TLI) burn, sending Orion on a trajectory that will intercept the Moon on November 21st.
If all goes according to plan, Orion will then use its own European Service Module (ESM) to correct its trajectory and enter a Distant Retrograde Orbit around the Moon on November 25th, where it will remain tens of thousands of kilometers above the lunar surface. Orion will then leave lunar orbit as early as December 1st and reenter Earth’s atmosphere on December 11th before the capsule finally splashes down in the ocean.
Assuming Artemis I goes perfectly, Artemis II – SLS and Orion’s first launch with astronauts aboard – is scheduled no earlier than (NET) 2024. Artemis III, which will team up with a modified version of SpaceX’s Starship launch vehicle to attempt to land astronauts on the Moon for the first time since 1972, is expected to follow NET 2025. However, a reliable source with a prophetic track record estimates that Starship and SLS might not be ready to launch Artemis III until 2028.
In the world of autonomous ride-hailing, there are only a handful of names. Among those few companies lies a strategy play by each to keep the opposition on their toes. Tesla, on the other hand, already tipped its hand at where it is headed next.
Tesla has signaled its next major push in the autonomous ride-hailing market by filing for an Autonomous Vehicle Network Company permit in Nevada (Docket 26-05015). Through Tesla Robotaxi, LLC, the company seeks approval to operate up to 5,000 robotaxis in Clark County, including high-traffic areas like Las Vegas and Henderson airports, within the first 12 months of launch.
This filing builds on Tesla’s earlier testing approvals from the Nevada DMV in September 2025 and preparations such as maintenance hubs in the Las Vegas area. Nevada represents a strategic expansion into a major tourist destination, where high visitor volumes could drive strong utilization and showcase the reliability of unsupervised autonomy to a broad audience.
We’d have to assume this means Tesla is targeting Las Vegas, and it’s a great move from a business perspective.
Vegas is such a melting pot of people from all around the country and the world. It will expose people from all corners of the globe to Tesla’s autonomy capabilities https://t.co/Qz3fQmhULF pic.twitter.com/Du5pj2RyWC
— TESLARATI (@Teslarati) June 6, 2026
Approval would mark a significant step toward commercial operations in a new state, following progress in Texas.
Tesla’s shareholder decks and earnings calls have clearly outlined these ambitions. In the Q4 2025 shareholder deck, the company listed planned Robotaxi coverage for the first half of 2026, explicitly naming Las Vegas alongside Phoenix, Miami, Orlando, and Tampa, with Dallas and Houston already advancing. Austin was noted as “ramping unsupervised,” while the Bay Area remained in safety-driver mode.
By Q1 2026, the deck updated statuses to reflect launches in Dallas and Houston, with “preparations underway” for the remaining cities, including Las Vegas. Paid Robotaxi miles nearly doubled sequentially in Q1, underscoring momentum even as broader timelines adjusted slightly for regulatory and operational readiness.
On earnings calls, CEO Elon Musk and executives have emphasized a phased rollout prioritizing safety. Unsupervised operations in Texas have shown strong results with no reported accidents or injuries in the program. Tesla continues groundwork in additional major U.S. metros through testing and permitting, positioning it to scale quickly once approvals clear.
This Nevada move aligns with Tesla’s vision of transforming from an EV maker into an AI and robotics leader. The forthcoming Cybercab, which started production at Giga Texas in April, is expected to eventually dominate the fleet, replacing many Model Y vehicles and driving down costs to enable affordable rides.
For investors and the industry, this signals Tesla’s intent to dominate key Sun Belt and tourist markets where weather, regulations, and demand favor rapid scaling. Success in Las Vegas could validate the model for denser urban and high-tourism environments, accelerating the shift toward a future where robotaxis generate meaningful revenue.
Las Vegas will also expand knowledge among the general public at Tesla’s capabilities, helping people experience driverless ride-hailing from several companies during their time on The Strip.
The Tesla Model 3’s cheapest trim level just got a major accolade, as Edmunds just revealed the Rear-Wheel-Drive trim of the all-electric sedan is the most efficient EV that is currently in production.
The 2026 Tesla Model 3 Rear-Wheel-Drive not only beat its EPA-estimated range by 30 miles, but it also bested its efficiency mark by 13.2 percent. The Model 3 tested by Edmunds traveled 393 miles, beating its EPA rating by 8.3 percent, while it returned 21.7 kWh per 100 miles, or 4.61 mi/kWh.
Beating those two metrics is especially pertinent when it comes to EV ownership and driving down the cost of ownership from ICE counterparts across the board. The real money savings come from driving down the cost of driving per mile, especially when it comes to high-mileage driving.
Edmunds stated in its report and review that the process it uses to test EV efficiency is aimed at giving “the most accurate representation of a car’s real-world range.” The assessment uses a strict route that features 60 percent city and 40 percent highway driving, and an average speed of 40 MPH across the trip.
It also drives each car within 5 MPH of all posted speed limits, and the climate control is set on Auto at 72 degrees to ensure even testing. In other words, Edmunds does not use methods to maximize efficiency, and instead tries to make it reasonable to achieve the same ratings yourself.
In comparison to other EVs, it beat the 2026 Mercedes-Benz CLA 350, which went 385 miles, as well as the 2026 Audi A6 Sportback E-tron Prestige AWD, which traveled 392 miles. Only the Mercedes-Benz CLA 250+ traveled farther, making it an impressive 434 miles on a charge.
However, the Tesla Model 3 RWD’s efficiency is “unmatched” because of its incredibly low energy usage per mile.
🚨 Tesla Model 3 RWD:
-At $36,990, it is $9,000 cheaper than the average transaction price for a new car ($46,023 via KBB)
-Was 13.2% more efficient than its EPA estimate
-Traveled 393 miles on a charge despite its 363-mile EPA range https://t.co/Grov2hXqpa pic.twitter.com/Zl8rnZZLIB
— TESLARATI (@Teslarati) June 8, 2026
The Model 3 Rear-Wheel-Drive might be the best bang-for-your-buck EV if you’re looking to buy new and want access to features like Full Self-Driving, while also being aware of efficiency. This trim of the Model 3 is also priced over $9,000 cheaper than what Kelley Blue Book says the average transactional price for a new car was in May 2026, which sits at $46,023.
If you’re looking for something with more speed, an All-Wheel-Drive drivetrain, or more premium features, the Premium trims of the Model 3 currently come with one year of Free Supercharging.
The Ontario Teachers’ Pension Plan (OTPP) stands to reap one of the most extraordinary returns in pension fund history thanks to a bold 2019 investment in SpaceX.
According to a recent report from The Globe and Mail, the Toronto-based fund invested roughly $300 million CAD (~$220 million USD at the time) in Elon Musk’s space company as its inaugural deal through the Teachers’ Innovation Platform.
At SpaceX’s anticipated $1.75 trillion IPO valuation, set for a mid-June debut on Nasdaq under ticker $SPCX, that stake could now be worth up to $11.6 billion USD. This would represent a roughly 50x return and easily become OTPP’s most successful single investment ever.
The fund manages $279 billion in assets for approximately 346,000 working and retired teachers in Ontario, potentially delivering an average boost of around $33,500 per member if fully realized.
SpaceX has filed its S-1 and plans to price shares at $135 each, aiming to raise a record $75 billion in what would be the largest IPO in history, surpassing Saudi Aramco. The company reported $18.67 billion in revenue for 2025, driven primarily by Starlink satellite internet growth and NASA contracts, though it continues to post significant losses tied to ambitious R&D in Starship and AI initiatives.
Important pieces moving forward include:
- Starlink Expansion: The satellite broadband service is scaling rapidly, targeting global connectivity, especially in underserved rural and remote areas. This segment offers massive recurring revenue potential as numbers climb.
- Starship and Reusability Leadership: SpaceX’s fully reusable Starship aims to slash launch costs dramatically, enabling frequent missions, Mars ambitions, and lucrative government/defense contracts. Success here could unlock exponential growth.
- AI and Diversification: Recent moves, including ties to xAI, position SpaceX in high-growth AI infrastructure, broadening beyond traditional aerospace.
- Validation Scrutiny: While the $1.75 trillion target excites investors, analysts like Morningstar value the company closer to $780 billion, citing high multiples (around 90x trailing revenue) and execution risks. A 180-day lockup period will prevent early investors like OTPP from selling immediately post-IPO.
The irony has not been lost on observers. Ontario’s government previously canceled a Starlink rural internet contract amid political tensions involving Musk, yet the pension fund’s savvy investment, made when SpaceX was valued around $33-36 billion, and Starlink was nascent, delivers outsized gains independent of politics.
For OTPP, this windfall strengthens its already solid 111 percent funding ratio and underscores the value of patient, innovation-focused capital allocation.
For SpaceX, the IPO marks a new chapter: greater transparency, access to public markets for talent retention and growth capital, and heightened pressure to deliver on its multi-planetary vision.
All eyes are fixed on whether SpaceX can justify its lofty valuation through sustained execution. For Ontario teachers, the returns are already stellar, but SpaceX, like other Musk companies in the past, has plenty of things to prove. Perhaps the most ideal person for the job is at the helm, hoping to bring the company to a massive valuation.
Tesla tipped its hand at where Robotaxi is heading next
Tesla Model 3’s cheapest trim just got a major accolade
