News
NASA scrubs first SLS Moon rocket launch attempt
NASA has scrubbed the first attempted launch of its Space Launch System (SLS) Moon rocket after running into multiple issues, one of which could not be solved in time.
The delay is bad news for the tens to hundreds of thousands of tourists who traveled to Cape Canaveral, Florida to witness the launch in person. Worse, by NASA’s own implicit admission, there’s a good chance the main problem SLS encountered could have already been dealt with and rectified in advance of the launch attempt if the space agency had finished testing the rocket earlier this summer.
Ultimately, that omission turned the first SLS launch attempt into more of a continuation of the rocket’s first four wet dress rehearsal (WDR) attempts, none of which ended as expected. NASA engineers will now have to decide how to proceed and whether the SLS rocket can be made ready in time for another launch attempt on September 2nd or 5th. If not, the next opportunity could be weeks away.
As far as SLS test operations go, the August 28/29th launch attempt was fairly ordinary, with the rocket running into multiple issues – a few minor, a few significant, and one identical to a previous problem. The first problem – a hydrogen leak near the SLS rocket’s base – came after a risk of lightning delayed the start of propellant loading by more than an hour. A very similar, if not identical, hydrogen fuel leak had already occurred during official wet dress rehearsal testing in April and July.
That leak was fixed on the fly by properly chilling all related systems, and propellant loading was eventually completed – albeit a few hours late thanks to inclement weather. Shortly after, there were reports of a crack that needed careful analysis. Only later did NASA specify that the suspected crack was in the rocket’s foam insulation rather than its structures, the latter of which could have been a catastrophic problem.
Around the same time, the true showstopper of the day occurred when NASA attempted to chill the SLS Core Stage’s four RS-25 engines, all of which flew several times aboard reusable Space Shuttle orbiters. Three engines performed (mostly) as expected, flowing a bit of liquid hydrogen fuel to cool themselves down, but one – engine #3 – was never able to make progress toward the optimal temperature needed for ignition (~5°C/~41°F). After hours of remote troubleshooting attempts, no progress had been made, and NASA ultimately decided to scrub the launch attempt at T-40 minutes to liftoff.
Over the course of four separate wet dress rehearsal attempts in April and June 2022, NASA was never able to test the core stage’s engine chill capabilities. In a post-scrub press conference, Jim Free – NASA’s Associate Administrator of the Exploration Systems Development Division – revealed that all four engines were warmer than intended, further confirming that skipping a fully nominal wet dress rehearsal was likely a mistake. Clear and present evidence aside, Free stated that he and other executives still believed skipping that test was the right decision, claiming that ending explicit WDR testing reduced the number of times the rocket needed to be moved on its transporter.
Making the situation even harder to explain, Artemis I Mission Manager Mike Sarafin revealed in the conference Q&A that Boeing had changed the design of parts of the SLS engine chill (bleed) system after the Core Stage finally conducted a nominal static fire test at Mississippi’s Stennis Space Center. Completed in March 2021, the SLS rocket then sat inside NASA’s Kennedy Space Center, Florida Vehicle Assembly Building (VAB) for a full year before attempting its first wet dress rehearsal tests at the launch pad.
The first round of three WDRs were not as smooth as NASA expected and instead uncovered three relatively small issues: a hydrogen leak, a single faulty upper stage valve, and problems with a ground supply of nitrogen gas. Those small issues led NASA to roll SLS back to the VAB for repairs, incurring a minimum multi-week delay that stretched into two months. SLS also failed to complete a fourth WDR attempt in July 2022, but NASA decided to overlook the rocket parts and phases of preflight operations that were never actually tested as planned, one of which was the engine chill system.
If NASA cannot fix the RS-25 chill system within the next few days, it will be forced to roll the entire rocket and mobile launch platform back to the VAB to – at a minimum – replace its flight termination system (FTS). The US Eastern Range requires that all rocket FTS systems be tested no more than 15 days before launch, and NASA was able to secure special permission for a gap of up to 25 days. However, because Boeing’s Core Stage design places the FTS system in a location that is reportedly inaccessible at the pad, the entire SLS rocket will need to roll back to the VAB to have its FTS systems “retested” after that period.
As a result, NASA’s SLS launch debut will be delayed by several weeks (at best) if it can’t recycle for another attempt on September 2nd or 5th. The next window runs from September 20th to October 4th, but the SLS rocket took 10 days to go from its latest rollout to first launch attempt – a figure that doesn’t include the time required to remove the rocket from the pad, roll it back to the VAB, and conduct any necessary repairs or tests while back in the bay. If NASA can’t fix the engine problem at the pad by September 3rd or 4th, the true delay could be more like 4-6 weeks.
With any luck, that won’t happen, but it’s clear that a lot of stress and discomfort could have been avoided if NASA had gone into its first launch attempt knowing that its SLS rocket was truly ready.



Elon Musk
Tesla tipped its hand at where Robotaxi is heading next
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.
News
Tesla Model 3’s cheapest trim just got a major accolade
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.
Investor's Corner
SpaceX IPO set to provide massive $11.6B windfall for teacher pension plan
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.