News
NASA set for upcoming Mars mission to seek signs of ancient life on the red planet
Just three weeks ahead of liftoff, NASA and launch provider United Launch Alliance (ULA) announced that NASA’s Mars 2020 rover, Perseverance, and its Martian helicopter sidekick, Ingenuity, were mated with the Atlas V 541 rocket that will kick off the seven-month journey to the Red Planet. The precious cargo encapsulated inside of a protective payload fairing was carefully hoisted by crane operators to rest atop the Atlas V rocket. The payload joins the Atlas V common core booster, four solid rocket boosters, and the Centaur upper stage to achieve the stack’s final flight configuration height of 197 feet (60 meters).


The United Launch Alliance (ULA) payload fairing with NASA’s Mars 2020 Perseverance rover secured inside is positioned on top of the ULA Atlas V rocket inside the Vertical Integration Facility (VIF) at Space Launch Complex 41 at Cape Canaveral Air Force Station in Florida on July 7, 2020. (Image Credit: NASA/Kim Shiflett)
The final stacking procedure was completed inside of the Vertical Integration Facility (VIF) at Cape Canaveral Air Force Station’s Space Launch Complex 41 (SLC-41). The rocket and payload will remain inside the protective structure and complete final check out tests until it is time quite literally roll to the launchpad. Crane operators first set down the payload for a soft touch to begin final full physical and electrical connection. The spacecraft and rocket will undergo integrated electrical testing as well as a battery of other tests as separate spacecraft and simultaneously as one complete unit.
On Friday (July 10), ULA president and chief executive officer, Tory Bruno, stated on Twitter that the Integrated Systems Test (IST) had been completed successfully. According to a previous mission statement posted to the ULA blog site, the IST is a typical pre-launch run down of the various connected systems between the spacecraft and launch vehicle to “verify proper functionality of launch vehicle systems, (and) conduct a simulated countdown and run through the launch sequence.”
The launch vehicle and integrated payload will remain inside the VIF undergoing mission-specific activities and final system checkouts over the next two weeks. Once all pre-flight activities have been successfully completed, approximately two days ahead of the scheduled launch attempt, the entire stack located on top of the Mobile Launch Platform will make the 1,800ft (550 meters) trip to the SLC-41 launchpad which will take about forty-minutes on a modified railway.

Known as an astrobiology mission and outfitted with seven instruments, the Perseverance rover will conduct new science, sample collection, and test new technology in search of ancient microbial life on the distant planet. The rover will spend the length of one Martian year – two Earth years – exploring the region around its landing site. It will collect and cache samples of the Martian surface to possibly be collected and returned to Earth by future joint missions currently under consideration by NASA and the European Space Agency.

The first interplanetary helicopter, Ingenuity, is a small 4-pound (1.8 kilograms) autonomous solar-powered aircraft that will conduct a series of experimental test flights. Ingenuity is traveling to Mars solely for a demonstrative mission and is not connected to the Perseverance rover by any means other than hitching a ride to the Red Planet. The new technology will demonstrate an ability to create lift in the thin atmosphere and lower gravity environment of Mars to help inform future aerial exploration and science delivery missions.
Currently, NASA and ULA are targeting the launch of the interplanetary mission on July 30th at 7:50 am EDT/4:50 PDT. Should they be necessary, multiple backup launch opportunities are available until the close of the interplanetary launch window on August 15th. Regardless of the launch date, after a seven-month-long, 290 million mile (467 million kilometers) journey – the rover and helicopter will arrive at Mars’s Jezero Crater, the home to an ancient Martian river delta, for a landing attempt on February 18, 2021. The landing date is perhaps even more crucial than the launch date as mission planners must take into account landing site lighting and temperature conditions and the locations of Mars-orbiting satellites required to relay crucial mission-specific information back to Earth.
Should the launch have to abort, and the 2020 window is missed completely, the robots will have to wait until 2022 when Earth’s orbit lines up just right with that of Mars, and the next interplanetary launch window opens up.
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.