News
NASA’s Parker Solar Probe takes first picture inside the Sun’s atmosphere
Traveling at the record-breaking speed of 213,200 miles per hour, NASA’s Parker Solar Probe came within 15 million miles of the Sun’s surface, completing its first solar encounter phase and rewarding scientists with the first picture ever taken from within our star’s atmosphere.
Launched on August 12, 2018 in a United Launch Alliance Delta IV Heavy rocket from Cape Canaveral, Florida, the probe will help provide answers to some of the mysteries of our Sun. In particular: Why is the atmosphere hotter than the surface? Why is the solar wind continuously accelerated? These are important questions considering the Sun is both essential for life and a potential danger through its magnetized materials’ interference with our satellites, electronics, and astronauts in orbit. Scientists on the craft’s team presented the initial set of new data from its encounter on December 12th during the 2018 American Geophysical Union meeting.
The Parker Probe’s team began downloading data from its journey on December 7th this year, but the actual Sun passage took place about a month earlier, from October 31st through November 11th. The delay was caused by the nature of the Sun itself – as a wide band radio source, communications are not possible anytime a craft is in front, behind, or to the side of it.

During the probe’s approaches, scientists rely on one of four beacons installed that signal the craft’s status. Mission controllers at the John Hopkins University Applied Physics Labs (JHUAPL) received the “A” beacon at 4:46 pm EST on November 7, 2018, indicating that the probe was operating well and collecting data. Also, more data from the probe’s initial encounter will be forthcoming next year following its next approach.
This latest visitor to the Sun was named after physicist Eugene Newman Parker, best known for his mid-1950s theories about solar wind and the Sun’s atmosphere being hotter than the surface itself, and the craft will likely be one more data point complimenting his predictions. Since the Parker Probe’s mission will encounter our star in ways never done before, its science team is not quite sure of what to expect.
“Parker is an exploration mission — the potential for new discoveries is huge,” Nour Raouafi, a Parker Solar Probe project scientist at the JHUAPL in Laurel, Maryland, was quoted on the issue. The craft will also pass by Venus a total of seven times and will come within 3.8 million miles of the Sun at its closest of 24 planned approaches.
- The Parker Solar Probe prior and during launch on August 12, 2018 in a United Launch Alliance Delta IV Heavy rocket from Cape Canaveral, Florida. | Credit: Tom Cross/Teslarati
- The Parker Solar Probe prior and during launch on August 12, 2018 in a United Launch Alliance Delta IV Heavy rocket from Cape Canaveral, Florida. | Credit: Tom Cross/Teslarati
- The Parker Solar Probe prior and during launch on August 12, 2018 in a United Launch Alliance Delta IV Heavy rocket from Cape Canaveral, Florida. | Credit: Tom Cross/Teslarati
- The Parker Solar Probe prior and during launch on August 12, 2018 in a United Launch Alliance Delta IV Heavy rocket from Cape Canaveral, Florida. | Credit: Tom Cross/Teslarati
The Parker Solar Probe prior and during launch on August 12, 2018 in a United Launch Alliance Delta IV Heavy rocket from Cape Canaveral, Florida. | Credit: Tom Cross/Teslarati
Figuring out what the actual underlying physics of the Sun are is a challenge for scientists studying its activity. When observing the surface changes, the variations seen are difficult to classify as being caused by either the star’s activity or its rotation due to how fast it moves. The speed of the Parker Probe will allow it to nearly match the Sun’s rotational speed, one revolution per 27 days as viewed from Earth, meaning it will hover over one area for a short amount of time.
While there, it will be able to specifically collect data about activity caused by the Sun itself, thereby enabling scientists to revise their models accordingly. To collect data surrounding these questions, the probe was given a thermal heat shield that can withstand the 2,500 degrees Fahrenheit temperatures it will be exposed to while maintaining a mid-80s F temperature for its instruments.
In addition to the Parker Probe’s historic photo and data, NASA has been on a roll with milestones and discoveries this year. Launched in 1977, the Voyager 2 spacecraft became the second human-made object to enter interstellar space as it left our solar system on November 5th. The first was Voyager 1 when it left on August 25, 2012. NASA also landed its InSight craft on the surface of Mars on November 26, 2018, and several photos have been returned from it since, including a lander “selfie“. That mission had a second milestone with it via two CubeSats named Mars Cube One (MarCO), successfully demonstrating the use of tiny satellites in deep space. The satellites were able to relay InSight’s landing event data to its team much quicker than would be been possible with other orbiting satellites, and they even sent back a picture of the red planet as they passed by and continued into their long orbit around the Sun.
Watch the below video for more on the Parker Solar Probe’s mission:
Elon Musk
Tesla finally clarifies fatal Texas crash, confirms driver manually overrode acceleration
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!”
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.”
Yup. In this case, the driver manually overrode self-driving by pressing the accelerator all the way to 100% of the accel pedal in this residential area. They reached a speed of 73 mph during the crash, and had the accelerator pressed even after the crash.
— Ashok Elluswamy (@aelluswamy) June 22, 2026
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
“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.
Investor's Corner
SpaceX makes $20 billion move to optimize its balance sheet
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.
🚨 SpaceX has announced its inaugural offering of senior unsecured notes.
The net proceeds will be used to repay outstanding loans under its bridge loan facility in full.
This inaugural debt offering represents a financing milestone for SpaceX, which previously depended… pic.twitter.com/pcOZuVbTRv
— TESLARATI (@Teslarati) June 22, 2026
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.
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.
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.
Elon Musk
SpaceX confirms third massive compute deal at Colossus data center
SpaceX confirmed today that it has officially signed its third massive compute deal, providing compute at its Colossus data center in Southaven, Tennessee.
Reflection AI will gain immediate access to NVIDIA GB300 chips at SpaceX’s Colossus 2 data center. In return, Reflection will pay SpaceX $150 million per month starting on July 1, with total payments reaching approximately $6.3 billion if the contract runs through its duration, which is until 2029. Either party can terminate the agreement with 90 days’ notice after the initial three-month period.
CNBC first reported the deal.
🚨 SpaceXAI has agreed to a new compute deal with Reflection AI.
Reflection gets access to NIVIDIA GB300s, and will pay $150M per month to SpaceXAI for the compute. pic.twitter.com/bNPare8U5u
— TESLARATI (@Teslarati) June 22, 2026
This latest partnership highlights SpaceX’s strategy of commercializing its massive Colossus supercomputing infrastructure, originally developed to power Elon Musk’s Grok AI models. The company has rapidly expanded its customer base in the AI sector following its February 2026 merger with xAI, a transaction that valued the combined entity at $1.25 trillion.
SpaceX has previously signed significant compute deals with other major players.
It granted Anthropic exclusive access to the full capacity of its Colossus 1 data center, which exceeds 300 megawatts and includes over 220,000 NVIDIA GPUs. Details from SpaceX’s IPO filings indicate Anthropic will pay $1.25 billion per month through May 2029, potentially generating around $45 billion over the term of the deal.
Additionally, Google agreed to pay SpaceX $920 million per month for compute capacity from October 2026 through June 2029. This 32-month period will provide Google access to roughly 110,000 NVIDIA GPUs, along with supporting processors and memory. Capacity ramps up through September at a reduced fee, with termination options after the first year.
SpaceXA also established arrangements for computing power with Cursor, an AI coding startup. SpaceX acquired them in a $60 billion all-stock deal.
These arrangements position SpaceX’s collective position as an AI infrastructure powerhouse with high-margin revenue potential. The Google deal alone could generate nearly $29.5 billion over its term, while the Reflection contract adds another $6.3 billion.
Combined with the Anthropic arrangement, SpaceX stands to realize tens of billions in revenue from compute leasing in the coming years, which diversifies beyond SpaceX’s traditional rocket launches and Starlink operation.
The deals underscore growing demand for advanced AI training and inference capacity amid chip shortages and surging model development needs. Reflection, valued at $25 billion and focused on “American open intelligence” with government and national security ties, cited recent restrictions on closed models as validation for open-source approaches.
For SpaceX, the partnerships transform capital-intensive data centers into flexible revenue sources while supporting its broader AI ambitions after the company has gone public.



