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NASA to roll SLS Moon rocket to the launch pad two days early
NASA has given the go-ahead to roll its Space Launch System (SLS) Moon rocket to the launch pad two days ahead of schedule.
That bodes well for plans to launch the rocket for the first time (a milestone NASA originally hoped to pass in December 2016) as early as late August or September 2022. NASA says that its first SLS rocket is now on track to begin a roughly 24-hour journey to Kennedy Space Center’s LC-39B launch pad at 9 pm EDT on August 16th. That will kick off approximately two more weeks of work that could finally culminate in the rocket’s first real launch attempt as early as August 29th, a moment anywhere from 12 to 16 years in the making.
SLS was created by Congress in 2010 when the legislative body drafted a law demanding that NASA develop a heavy-lift rocket to replace the Space Shuttle. In practice, Congress (particularly several key stakeholders with former Shuttle workforce and facilities in their states or districts) was primarily interested in keeping former Shuttle infrastructure active and workers employed, and left NASA to figure out how to retroactively engineer a rocket out of a list of legal requirements mostly driven by politics.
NASA ultimately devised a rocket that would extrapolate Shuttle external tank technology into a larger liquid hydrogen/oxygen ‘core stage’ powered by four flight-proven, reusable Space Shuttle Main Engines (SSME; now RS-25). A relatively small orbital upper stage derived from Boeing’s Delta IV rocket would sit atop the core stage, which would be augmented with two stretched Shuttle-derived solid rocket boosters (SRBs). Altogether, the first variant of SLS – Block 1 – is expected to be able to launch up to 95 tons (~210,000 lb) to low Earth orbit and around 27 tons (~59,500 lb) to the Moon, 32% and 38% worse than the Saturn V rocket NASA abandoned for the Space Shuttle in the 1970s.
Nevertheless, SLS will likely become the most powerful rocket currently in operation if it successfully debuts within the next few months. Only SpaceX’s Starship, which will eventually launch a Starship-derived Moon lander for NASA, is likely to challenge or beat the performance of SLS within the next 5-10 years.
However, after more than half a decade of delays and around $25 billion spent without a single launch to show for its investment, NASA no longer has any near-term plans to use SLS for more than sending a few astronauts on their way to the Moon once every year or two. The only tangible payload currently assigned to SLS Block 1 is NASA’s own Orion spacecraft, an earlier version of which Lockheed Martin began developing for NASA in 2006. Approximately 16 years and $25 billion later, the Orion capsule will be better than the Apollo Program’s Command module (capsule) by most measures, but its service (propulsion) module will be far worse.
With about half as much usable delta V (propulsive capability) as the Apollo CSM, Orion is incapable of transporting astronauts to the same convenient low lunar orbits that the Apollo Program used, forcing NASA to send it to high, exotic alternatives. As a result, NASA has been forced to create a multi-billion-dollar destination for Orion (the Gateway station) and complicate the mission of new Moon landers like SpaceX’s Starship.
Countless pitfalls and shortcomings aside, NASA is about to finally roll the fourth most capable flightworthy rocket ever assembled (behind Saturn V, N-1, and Energia) to the launch pad. Regardless of the outcome of the mission, SLS will likely be the fifth largest rocket (including the Space Shuttle) ever launched when it lifts off. If that launch is successful, the achievement will be even more impressive, marking the third time out of three attempts that NASA has successfully launched a super heavy-lift launch vehicle (>50t to LEO) on its first try.
A successful Artemis I launch would also give the Orion spacecraft an opportunity to enter orbit around the Moon and test most of the systems it will need for Artemis II, which is intended to carry two astronauts. Orion won’t carry or test any life support or docking systems, making it only a partial demonstration, but it will still be the first time a prototype of a crewed spacecraft has attempted to enter lunar orbit since December 1972.
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
