News
NASA plans to purchase another seat on Russian Soyuz after SpaceX
NASA and SpaceX are preparing to launch astronauts from U.S. soil for the first time in nearly a decade. The collaboration is designed to give NASA more flexibility when it comes to launching crewed missions.
When the agency’s storied shuttle program came to an end in 2011, it left NASA dependent upon Russian rockets as its sole means of transporting astronauts to and from the space station. But the arrangement, which costs NASA roughly $85 million per seat, was always intended as a temporary solution.
NASA wanted to support a burgeoning commercial market, so it turned to private industry to build its next-generation space taxi. To that end, in 2014, the agency selected two companies — SpaceX and Boeing — to transport future crews. Each company would design and build its spacecraft capable of carrying humans. Six years later, SpaceX is set to become the first commercial company to transport astronauts, as its inaugural crewed flight prepares to take off on May 27.
The mission, known as Demo-2, is a flight test that will be used to certify the Dragon spacecraft for routine astronaut transport to and from the space station. During the mission, astronauts Bob Behnken and Doug Hurley will pilot the craft to the space station, where it will dock itself to the orbital outpost.

Their time on station is still to be determined, but the duo will make the most of their orbital stay. Not only will they evaluate how Dragon performs at different stages of the mission, but they will also assist fellow NASA astronaut Chris Cassidy with routine maintenance and station keeping.
Once Crew Dragon has been cleared to ferry people regularly, it will give NASA the flexibility to carry out missions of many different durations. To date, crews have spent anywhere from a couple of weeks in space, all the way up to a year. Their time on orbit is typically limited by the spacecraft that brought them, but by having multiple vehicles capable of flying to and from the space station, gives agencies around the world greater flexibility in mission planning.
Currently, NASA is in talks to purchase one more seat on a Russian Soyuz that would fly this fall. As it stands now, Chris Cassidy is the sole NASA astronaut on station, joined by two Russian colleagues. However, that leaves the station understaffed. Simply maintaining the orbital outpost is more than one crew member can handle. (A full space station crew is six.)

Behnken and Hurley are scheduled to launch on May 27 and will stay on station for as many as 110 days. That’s because their ride is only certified to stay in space that long. The harsh space environment wears on hardware, and the Crew Dragon’s solar arrays contain sensitive electronics that have a limited space life.
So what happens when Behnken and Hurley come home? At this point, the schedules are a little unclear, but Cassidy could remain on station by himself until the next crew can launch. While preparing for Demo-2, SpaceX is currently finishing construction on the capsule that will carry its first official crew. Four astronauts will fly on Crew Dragon sometime late this year or early next year, providing a fresh batch of astronauts.

In the meantime, NASA wants to make sure it will be able to have access to the space station, so it’s in talks with Roscosmos to buy one more seat. After that deal is made, NASA has a much different idea for the future of its partnership with the Russian space agency. During a series of briefings in advance of Demo-2, NASA administrator Jim Bridenstine expressed how he hoped in the near future that NASA and Roscosmos could set up a trade agreement.
This would mean that U.S. astronauts would still fly on a Russian Soyuz and vice versa. Only instead of money exchanging hands, the two agencies would simply trade seats on each other’s vehicles. The first international partner to fly on a Crew Dragon will be Soichi Noguchi of the Japanese Space Agency (JAXA), who will join NASA astronauts Victor Glover, Mike Hopkins, and Shannon Walker as part of the Crew-1 mission.
Investor's Corner
SpaceX gets initial stock coverage from Tesla’s biggest bull
Wedbush Securities is initiating stock coverage on SpaceX (NASDAQ: SPCX), marking the first comments on the company since it went public several weeks ago. Wedbush and its analyst handling coverage, Dan Ives, are widely bullish on fellow Musk company Tesla (NASDAQ: TSLA).
Ives wrote his first note initiating coverage of SpaceX shares on Wednesday with a $190 price target and an ‘Outperform’ rating. The firm believes the company is well positioned off of its IPO because of its wide array of projects, including AI compute power and infrastructure, connectivity projects, and launches.
“We view SpaceX as one of the most differentiated assets within the tech market with a strong footprint across its three core markets, with Starlink driving success with connectivity,” Ives wrote, “Starship launches leading to a demand flywheel and increasing deal flow for its Colossus clusters.”
Elon Musk called it Epic: The full story of SpaceX’s Starship Flight 12
Wedbush leans heavily on Starlink, which they say is the “profitability driver given the strength of its recurring revenue base of ~12 million subscribers as of June 5th.” Ives believes Starlink is still in the “early innings” of penetrating the global telecommunications and broadband market, as it only holds less than a 1 percent share. However, this number is sure to increase over time.
It also highlights the importance of Starship, which it says is an “essential layer” of SpaceX’s overall success. SpaceX developing and displaying the ability to reuse rockets is a major cost and reliability advantage “as it reduces the necessary hardware launch costs while generating a feedback loop for future flights to improve their launch flight rate without accelerating capex spend.”
Finally, SpaceX’s recent AI/Compute projects are also very elementary, Ives writes. It is worth mentioning Wedbush said its $190 price target is derived from a valuation forecast that sees the company yielding roughly $2.48 trillion of implied enterprise value.
There are also some factors that Wedbush did not take into account with its initial coverage. The firm wrote in the note:
“We note that there is optional value coming from Starship’s accelerating scale towards sub-$200/kg unit economics, orbital data centers, and enterprise AI monetization as these factors could drive meaningful upside but these face major hurdles, so we do not take that into account with our valuation.”
SpaceX shares are down just over 2 percent today, trading at around $167 at the time of publication.
News
Tesla expands massive safety feature worldwide in latest update
Tesla has expanded the footprint of a massive safety feature worldwide with a recent Software Update labeled as 2026.20.6. The expansion of the “Blind Spot Warning While Parked” feature represents the more widespread availability of the feature, which aims to prevent “dooring.”
Dooring is when a driver or passenger opens a car door into the path of an oncoming road user, usually a cyclist or motorcyclist. It is among the most common types of cycling accidents, the League of American Bicyclists says.
For this reason, Tesla created a feature that warns occupants not to open the door because an object is approaching. The feature will sound a chime, and it will also delay the opening of the door to prevent an incident.
The release notes state (via Not a Tesla App):
“If you attempt to open a door while an approaching object is detected in your blind spot (for example, a bicyclist approaching from behind) a chime sounds, and your door will not open upon initial button press. Wait a short time and press the button a second time to override the warning.”
Tesla initially rolled out this feature back in 2024 with the Model 3 “Highland.” However, it remained with the Model 3 exclusively for over a year; that was until Tesla added it to the Cybertruck this past Spring.
Now, it is making its way to the new Model Y, 2021 and newer Model S, and 2021 or newer Model X.
The prevention of dooring incidents could eliminate many injuries to cyclists, especially in an urban setting. Dooring accounts for 10-20 percent of bike-related crashes in major cities, and over 17,000 dooring-related incidents were treated in the U.S. over the course of a decade. These usually involve fractures, contusions, and head trauma.
News
Tesla sends production Cybercab with no steering wheel, pedals to on-road testing
Tesla confirmed this morning that it has sent the first production units, manufactured with no steering wheel or pedals, to on-road testing in Austin, sharing video of the first rides with no human controls.
The lack of steering wheels and pedals in the Cybercab aligns with Tesla’s self-certification of Robotaxi as Level 4 SAE, a platform it plans to make widespread through internal vehicles and customer-owned cars that will operate and generate revenue for individuals.
The start of these engineering tests is a major signal for Tesla, which plans to bring driverless, wheel-less, and pedal-less Cybercabs to market in the coming months. With production already well underway at Gigafactory Texas, where the Cybercab is built, there is some inclination to believe the first public rides could happen sooner rather than later.
Engineering tests of the first production Cybercab have begun in Austin pic.twitter.com/fk3KQvcE8a
— Tesla (@Tesla) June 30, 2026
Tesla’s engineering tests will put the Cybercab in real-world scenarios, testing not only the hardware, but more importantly, the software that drives the car around Austin with nobody supervising it within the car.
This is perhaps the biggest part of the internal testing process, especially prior to allowing regular, everyday people to hail the Cybercab for an autonomous ride. These early rides serve as a true benchmark for Tesla: How many rides can it achieve safely? How many miles did it travel consecutively without needing an intervention? What scenarios challenge the Full Self-Driving suite the most?
The proper precautions have already been put into place as well, as Tesla released the First Responders Guide to Cybercab over the weekend, ensuring that emergency services have 24/7 access to Robotaxi Assistance, as well as other boundaries, such as Geofencing features that can be used to redirect autonomous vehicle traffic due to accidents, road closures, construction, or maintenance.
Cybercab seems genuinely close to being added to the Robotaxi fleet in Austin, but Tesla has prioritized safety throughout this entire process. Therefore, we think it could be months before it truly starts giving rides to the public. People have been frustrated with this, but Robotaxi in Austin has a tremendous safety record so far, so the slow rollout has kept people safe and accidents to a minimum.
The most important thing is that Tesla continues to show consistent progress in the Cybercab’s ramp-up toward fleet addition. A few weeks back, we saw the EPA reward the Cybercab a Certificate of Conformity, allowing it to enter the stream of commerce. Then, we saw Tesla add decals, signaling that it was likely about to start testing it publicly. That has now happened.
The next big move will be the announcement of the first rides, so this Summer should be filled with anticipation.