News
NASA says SpaceX astronaut launch debut is still on track despite pandemic, engine failure
Despite a global pandemic and Falcon 9’s first in-flight engine failure in almost eight years, NASA administrator Jim Bridenstine remains confident that SpaceX and the space agency are still on track for Crew Dragon’s astronaut launch debut.
For the third time in about a month, NASA has officially confirmed that SpaceX’s Crew Dragon ‘Demo-2’ mission – the company’s first astronaut launch ever – is still tracking towards a liftoff in May 2020. While there are several good reasons to expect further delays, Bridenstine acknowledged and discounted those pressing risks in an April 9th interview with Spaceflight Now, explicitly stating that “if [Demo-2 does] slip, it’ll probably be into June. It won’t be much.”
Excluding several minor to moderate technical risks that have popped up in recent weeks, this suggests that the NASA administrator is also confident that one of the biggest sources of imminent schedule uncertainty – closed-door paperwork completion and joint reviews – will actually be smooth sailing.
On March 2nd, 2019, Falcon 9 lifted off for the first time with SpaceX’s upgraded Crew Dragon spacecraft on its inaugural orbital launch. Known as Demo-1, the mission was ultimately a flawless success, with Dragon performing exactly as expected throughout launch, orbit-raising, space station rendezvous, docking, departure, deorbit, reentry, and splashdown operations.
As Crew Dragon’s only orbital launch and space station docking, it also serves as the best and only glimpse into how long the more nebulous review and paperwork aspects of launch preparation can take. For Demo-1, Falcon 9 and Crew Dragon rolled out to Launch Pad 39A and completed a successful static fire on January 24th, 2019. The mission was then scheduled for launch no earlier than (NET) February 23rd and wound up being pushed back another week to March 2nd. In almost every case, Falcon 9 and Falcon Heavy launch less than a week after a successful preflight static fire and do not attempt a static fire until a given rocket and payload are both ready to go.
If there were technical challenges that lead to that six-week delay between Crew Dragon’s Demo-1 static fire and launch, they have never been broached publicly, making it more likely that NASA spent at least a month simply finishing up final paperwork and reviews. Hopefully, that substantial gap was mainly due to the fact that it was the first time NASA and SpaceX had to work together to launch Crew Dragon.
For Crew Dragon’s second Falcon 9 launch, successfully completed on January 19th, 2020, the rocket wrapped up its static fire test on January 11th — a major improvement compared to Demo-1. That suborbital In-Flight Abort (IFA) test isn’t directly comparable to Crew Dragon’s orbital launch debut, but it does encourage at least a little confidence that Demo-1’s six-week review period was an outlier.
Thankfully, Bridenstine says that all major Crew Dragon issues have been effectively closed out or are very close to closure as of April 2020. A SpaceX contractor was recently forced to prematurely drop a Crew Dragon parachute test vehicle on March 25th, destroying the mockup capsule before it could complete two final tests. The NASA administrator now says that all parties have agreed to complete those tests with a different mockup and will use a C-130 cargo plane instead of a helicopter.
Bridenstine is also confident that the coronavirus pandemic – hampering almost all forms of industry in every afflicted country – will also have little to no impact on Crew Dragon’s astronaut launch debut schedule. NASA and SpaceX have put in place strict new rules and changed a number of procedures to further mitigate risk, helped by the fact that astronaut launches to the International Space Station (ISS) already operate with cleanliness and disease prevention as a major priority.
Finally, the NASA administrator also stated that SpaceX’s March 18th in-flight engine failure was “not going to impact our commercial crew launch,” confirming that SpaceX already has “a really good understanding of” what went wrong. Most likely, this means that Falcon 9 B1048’s stumble was directly related to the fact that the booster was flying for the fifth time – a first for a SpaceX rocket and orbital-class rocket boosters in general. Crew Dragon Demo-2 will be Falcon 9 booster B1058’s first launch.
Ultimately, while there are certainly good reasons to remain skeptical of NASA’s increasingly frequent assurances that Crew Dragon’s astronaut launch debut remains on track for late-May or June 2020, there are at least as many good reasons to stay confident.
Elon Musk
Elon Musk calls out $2 trillion SpaceX IPO valuation as ‘BS’
In a swift rebuke on X, Elon Musk dismissed reports claiming SpaceX had confidentially filed for an initial public offering targeting a valuation above $2 trillion, labeling the information as unreliable.
Elon Musk is quick to call out any false information regarding him or his companies on his social media platform, known as X.
A recent report that claimed SpaceX was aiming to go public with an IPO in the coming weeks at a massive valuation of $2 trillion was called out by Musk, who referred to it as “BS.”
In a swift rebuke on X, Elon Musk dismissed reports claiming SpaceX had confidentially filed for an initial public offering targeting a valuation above $2 trillion, labeling the information as unreliable.
The exchange highlights ongoing media speculation about the rocket company’s future and Musk’s frustration with what he views as inaccurate financial reporting. The report came from Bloomberg.
Don’t believe everything you read.
Bloomberg publishes bs.
— Elon Musk (@elonmusk) April 3, 2026
The controversy erupted on April 2, 2026, when influencer Mario Nawfal amplified claims from Bloomberg.
The outlet posted that SpaceX had boosted its IPO target valuation above $2 trillion, describing it as potentially one of the largest public offerings in history. Musk challenged the story.
It echoes past instances where Musk has corrected valuation rumors about his companies, emphasizing that speculation often outpaces reality.
Background context adds nuance.
Earlier reports indicated SpaceX had filed confidential IPO paperwork with the U.S. Securities and Exchange Commission, potentially positioning it for a record-breaking debut that could eclipse Saudi Aramco’s 2019 listing.
Initial estimates pegged a possible valuation north of $1.75 trillion, building on a post-merger figure around $1.25 trillion after SpaceX absorbed xAI. A subsequent Bloomberg update claimed advisers were floating figures above $2 trillion to investors, with the offering potentially raising up to $75 billion.
SpaceX remains a private powerhouse. Its achievements include thousands of Starlink satellites providing global broadband, routine Falcon 9 rocket reusability, and a mission to slash launch costs, along with ambitions for Starship to enable Mars colonization.
The company also benefits from government contracts with NASA and the Department of Defense. A public listing could democratize access for retail investors while subjecting SpaceX to greater scrutiny and quarterly reporting pressures.
Critics of the reports point to the confidential nature of filings, which limits verifiable details. Musk has previously downplayed inflated valuations, once calling an $800 billion figure for SpaceX “too high.”
Supporters argue that hype around mega-IPOs, especially amid the ongoing AI fervor, fuels premature narratives that distract from core technical milestones, such as full Starship reusability and Starlink constellation expansion.
The incident reflects broader tensions in tech finance. Anonymous sourcing in valuation stories can drive market chatter and betting activity, yet it risks misinformation.
Bloomberg defended its reporting through multiple articles citing “people familiar with the matter,” but Musk’s blunt dismissal resonated widely on X, with users piling on to question media reliability.
Whether SpaceX ultimately goes public remains uncertain. Musk has teased an IPO tied to Starlink maturity, but priorities center on engineering breakthroughs over Wall Street timelines. For now, the $2 trillion figure joins a list of rumored milestones that Musk insists should be taken with skepticism.
Elon Musk
Elon Musk reveals date of SpaceX Starship v3’s maiden voyage
The announcement arrives after Flight 11 on October 13 of last year, which concluded a busy 2025 testing campaign. Since then, SpaceX has focused on ground testing, including cryoproofing of Ship 39 and preparations for Booster 19, the first V3 Super Heavy.
SpaceX CEO Elon Musk has revealed the timeline for the next Starship launch. It will be the first launch using SpaceX’s revamped design for Starship, as its v3 rocket will take its maiden voyage sooner than many might expect.
Musk announced on April 3 on X that the next Starship flight test, and the first flight of the upgraded v3 ship and booster, is 4 to 6 weeks away. The update signals the end of a nearly six-month hiatus since the program’s last launch.
Elon says the first V3 Starship launch will occur in 4-6 weeks
It will be the first Starship launch since Flight 11 on October 13, 2025 https://t.co/QnnYPTdbUu
— TESLARATI (@Teslarati) April 3, 2026
The upcoming mission, designated as Starship’s 12 integrated flight test (IFT-12), marks a significant milestone. It will be the debut of the v3 configuration, featuring a taller Super Heavy Booster and Starship upper stage. The changes SpaceX has made with the v3 rocket and booster are an increased propellant capacity and the more powerful Raptor 3 engines.
Earlier predictions from Musk in March had pointed to an April timeframe, but the latest timeline now targets a launch window in early to mid-May 2026.
The V3 iteration represents a substantial evolution from previous Starship prototypes. Engineers have optimized the design for improved manufacturability, higher thrust, and greater efficiency. Raptor 3 engines deliver significantly more power while reducing weight and production costs compared to earlier variants.
With these enhancements, SpaceX aims to boost payload capacity toward 200 metric tons to low Earth orbit in a fully reusable configuration — a dramatic leap from the roughly 35-ton target of prior versions. Such capabilities are critical for ambitious goals, including NASA’s Artemis lunar missions and eventual crewed flights to Mars.
The announcement arrives after Flight 11 on October 13 of last year, which concluded a busy 2025 testing campaign. Since then, SpaceX has focused on ground testing, including cryoproofing of Ship 39 and preparations for Booster 19, the first V3 Super Heavy.
Recent activities have involved static fires, activation of the new Pad 2 at Starbase in Boca Chica, Texas, and integration of Raptor 3 engines.
A prior incident with an early V3 booster on the test stand in late 2025 contributed to the delay, necessitating additional assembly and qualification work.
Musk’s timeline updates have become a hallmark of the Starship program, often described with characteristic optimism.
SpaceX’s Starship V3 is almost ready and it will change space travel forever
While past targets have occasionally shifted by weeks, the rapid iteration pace remains impressive. However, don’t be surprised if this timeline shifts again, as Musk has been overly optimistic in the past with not only launches, but products under his other companies, too.
SpaceX continues to refine launch infrastructure, including new propellant loading systems and tower mechanisms designed to support higher cadence operations. A successful V3 flight could pave the way for more frequent tests, tower catches of both booster and ship, and progression toward operational reusability.
The v3 debut is viewed as a transition point for Starship, moving beyond experimental flights toward a system capable of supporting large-scale deployment of Starlink satellites, lunar landers, and interplanetary transport.
Success on IFT-12 would demonstrate not only the new hardware’s performance but also SpaceX’s ability to recover from setbacks and maintain momentum.
As the 4-to-6-week countdown begins, anticipation builds at Starbase. Teams are finalizing vehicle stacking, conducting final pre-flight checks, and preparing for regulatory approvals. The world will be watching to see if Starship V3 can deliver on its promise of transforming humanity’s access to space.
Elon Musk
SpaceX to launch military missile tracking satellites through new Space Force contract
SpaceX wins a $178.5M Space Force contract to launch missile tracking satellites starting in 2027.
The U.S. Space Force awarded SpaceX a $178.5 million task order on April 1, 2026 to launch missile tracking satellites for the Space Development Agency. The contract, designated SDA-4, covers two Falcon 9 launches beginning in Q3 2027, one from Cape Canaveral Space Force Station in Florida and one from Vandenberg Space Force Base in California. The satellites, built by Sierra Space, are designed to bolster the nation’s ability to detect and track missile threats from orbit.
The award falls under the National Security Space Launch Phase 3 Lane 1 program, which Space Force uses to move payloads to orbit on faster timelines and at more competitive prices. “Our Lane 1 contract affords us the flexibility to deliver satellites for our customers, like SDA, more easily and faster than ever before to all the orbits our satellites need to reach,” said Col. Matt Flahive, SSC’s system program director for Launch Acquisition, in the official press release.
SpaceX is quietly becoming the U.S. Military’s only reliable rocket
The SDA-4 contract is the latest in a long string of national security wins for SpaceX. As Teslarati reported last month, the Space Force recently shifted a GPS III satellite launch from ULA’s Vulcan rocket to SpaceX’s Falcon 9 after a significant Vulcan booster anomaly grounded ULA’s military missions indefinitely. That move made it four consecutive GPS III satellites transferred to SpaceX after contracts were originally awarded to its competitor.
This didn’t come without a fight and dates back years. SpaceX originally had to sue the Air Force in 2014 for the right to compete for national security launches, at a time when United Launch Alliance held a near monopoly on the market. Since then, the company has steadily displaced ULA as the dominant provider, and last year the Space Force confirmed SpaceX would handle approximately 60 percent of all Phase 3 launches through 2032, worth close to $6 billion.
With missile defense satellites now part of its launch manifest alongside GPS, communications, and reconnaissance payloads, SpaceX is giving hungry investors something to chew on before its imminent IPO.
Elon Musk calls out $2 trillion SpaceX IPO valuation as ‘BS’
Elon Musk reveals date of SpaceX Starship v3’s maiden voyage
