News
Rocket Lab “In Focus” mission ready to launch after scrubbed first attempt
On Wednesday, October 21, Rocket Lab held a launch countdown ahead of the fifteenth mission of its small rocket, Electron. The mission nicknamed “In Focus,” was slated to take off from the company’s primary launch pad at Launch Complex 1 on the Mahia Peninsula in New Zealand. Ultimately, the launch attempt was scrubbed due to an off-nominal oxygen sensor.
Rocket Lab did not immediately disclose a new targeted launch date, but did state that the launch window for the “In Focus” mission extended for nearly two-weeks. Rocket Lab founder and chief executive officer, Peter Beck, said in a Twitter post that, “the team’s taking the time to make sure it’s just the sensor and nothing else.” Beck also stated that weather moving into the area could pose a challenge for finding a new acceptable launch date.
Just two days later, Rocket Lab announced that a second launch attempt of the rideshare mission supporting ten Earth-observation satellites would occur at 5:14pm EDT (21:14 UTC) Wednesday, October 28. Should the second attempt be thwarted by uncooperative weather, daily opportunities to launch Electron are available until November 3.
What’s on board:
The fifteenth overall flight of Electron and fifth mission of 2020, is a rideshare mission that supports payloads for Canon Electronics Inc. and Earth-imaging services provider Planet. The payload, carefully mounted on the Rocket Lab Electron Kick Stage, consists of one nine SuperDove Flock 4e Planet microsatellites inside of Rocket Lab’s protective Maxwell payload dispensers. The entire stack is topped by Canon Electronics Inc.’s CE-SAT-IIB satellite procured by mission management provider Spaceflight Inc. All ten payloads are securely fixed atop the Electron Kick Stage.
The Electron Kick Stage – a capable extra stage on Electron – is designed to circularize orbits and deploy multiple payloads to independent and precise destinations. The Kick Stage is powered by a small, but powerful Curie engine. All ten of the satellite payloads aboard the “In Focus” mission are expected to be delivered to a 500km morning-crossing Sun Synchronous Orbit.
Prior to flight, the payload was encapsulated inside of the Electron’s protective payload fairing. In traditional fashion, Rocket Lab outfitted the fairing with the mission patch artwork created specifically for Electron’s fifteenth “In Focus” mission.
After encapsulation inside the fairing, the payload was integrated with the Electron first-stage booster. After a short trip from the assembly facility, Electron was raised vertically at Launch Complex 1 to complete a successful wet dress rehearsal – a standard pre-flight run-through of all launch procedures. The purpose of the wet dress rehearsal is to run through all of the launch day procedures including filling the rocket with RP-1 – a rocket grade kerosene – and liquid oxygen.
Launch teams conducted the practice launch on Thursday, October 8 proceeding through all countdown milestones right up until T-0 and engine ignition. This process ensures that the vehicle and launch teams are ready for flight. It also provides an opportunity to catch and address any anomalies that may arise prior to launch day.
What to expect on launch day:
Approximately four hours ahead of the launch attempt Rocket Lab will once again return Electron to vertical launching position at Launch Complex 1 in New Zealand. In the time prior to the fueling of the rocket, safety checks of the launch complex will be conducted and marine hazard zones and airspace will be closed and secured to all traffic. Fueling of the rocket will begin just two hours ahead of the launch attempt.
At T-0 Electron will be propelled to space by nine 3D-printed Rutherford electro-turbopump engines. Approximately 2 minutes and 34 seconds after liftoff Electron’s first stage will separate while the second stage engine ignites. Unique to the Electron, a “hot swap” of the batteries powering the electro-turbopump of the second stage will be performed – swapping out the power source of expelled batteries with new ones – at 6 minutes and 32 seconds after liftoff. The second stage is expected to arrive at an initial parking orbit approximately 8 minutes and 54 seconds after liftoff.
A brief ten seconds later the Kick Stage will separate from the second stage. Approximately 51 minutes and 06 seconds after liftoff the Kick Stage’s Curie engine will ignite to propel the payloads to their final circular Sun-Synchronous Orbits. Payload deployment is expected at the 60-minute mark after liftoff.
Rocket Lab will provide a live hosted webcast of the second launch attempt of the “In Focus” mission on Wednesday, October 28 on the company’s YouTube channel approximately fifteen minutes before liftoff. Should a scrub occur, Rocket Lab will announce a new targeted launch date on the company’s social media channels.
Elon Musk
SpaceX (SPCX) IPO is live today at $135: Here’s exactly what you need to know
SpaceX priced its historic IPO at $135 per share today, raising a record $75 billion.
SpaceX officially priced its initial public offering at $135 per share, offering 555,555,555 shares of Class A common stock and raising $75 billion in what is the largest IPO in stock market history. Shares are set to begin trading on the Nasdaq Global Select Market on Friday, June 12, under the ticker symbol SPCX. The previous record holder was Saudi Aramco’s 2019 offering at $29 billion, followed by Alibaba’s $22 billion offering in 2014.
At $135 per share and roughly 555.6 million shares, the implied valuation sits near $1.75 trillion, which would make SpaceX roughly the seventh largest company in the United States, just above Tesla’s current market cap. Regular investors can request shares at the IPO price through Robinhood, Fidelity, Charles Schwab, SoFi, and E*TRADE, though the deal is heavily oversubscribed and most retail allocations will be partial or unfilled. Once trading opens June 12, anyone with a brokerage account can buy SPCX on the open market.
SpaceX’s amended S-1 is sparking a major Tesla merger conversation
The valuation is anchored primarily by Starlink. Starlink crossed 10 million subscribers as of February 2026 and is adding 750,000 to 1.5 million new users per month, with the connectivity segment already posting a $1.19 billion profit last quarter. The offering also bundles in xAI following SpaceX’s all-stock merger earlier this year, adding Grok and the Colossus supercomputer to the investment thesis. As Teslarati reported, Starlink ended 2025 with $10 billion in revenue, a figure analysts project could reach $24 billion by end of 2026.
Wedbush analyst Dan Ives has been vocal in his support. “I think the time is right,” Ives said, adding that the offering expands the Elon Musk ecosystem rather than competing with Tesla. An average 12-month price target of $165 per share represents roughly 22% upside from the IPO price. Not everyone agrees – Motley Fool noted xAI is spending $1 billion per month playing catch-up to OpenAI and Anthropic.
Musk founded SpaceX in 2002 with a single stated purpose. “Elon founded SpaceX with a goal to change humanity, to make us a multi-planet species,” CFO Bret Johnsen said in the company’s retail roadshow video this week. Musk himself has been more direct: “We are building the systems and technologies necessary to provide global connectivity on Earth and beyond, to understand the true nature of the universe, and to extend the light of consciousness to the stars.”
Investor's Corner
Tesla unfolded its first European “folding Supercharger”
Tesla’s folding Supercharger just arrived in Europe and it changes how fast charging expands.
Tesla’s Folding Unit Supercharger has officially landed in Europe, with the company teasing a new installation in its effort for a broader rollout targeting major motorway rest stops across the European continent in Q3 2026. The arrival marks a notable shift in how Tesla is thinking about network expansion, moving from hardware performance alone to engineering the logistics chain itself.
While Tesla did not reveal the exact location for the new folding Supercharger in Europe, the photo shared on X heavily suggests that this maybe somewhere in Norway. Historically, whenever Tesla rolls out an entirely new infrastructure architecture in Europe, whether it was the original Supercharger stalls years ago or these brand-new modular V4 “Folding Units”, Norway is almost always the designated launch pad because of its unmatched EV adoption rate and supportive infrastructure
The Folding Unit, introduced in March 2026, is a factory pre-assembled V4 charging station built on an industrial hinge system mounted to a heavy-duty concrete base. The entire assembly arrives on site ready to unfold and connect. Tesla confirmed the units feature telescopic light poles specifically designed for easy transportation and fast on-site deployment, a detail that signals how carefully the logistics chain has been engineered alongside the hardware itself. The design allows 33% more stalls per delivery truck, cuts installation time roughly in half, and reduces overall deployment costs by more than 20% compared to traditional installations.
Tesla’s newest “Folding V4 Superchargers” are key to its most aggressive expansion yet
Tesla also noted telescopic light poles which provide benefits over traditional Supercharger installations that require fixed-height poles that are awkward to ship, slow to position on site, and often require separate crews and equipment to erect before charging hardware can even be staged. By engineering poles that compress for transit and extend on arrival, Tesla has removed one of the quieter bottlenecks in the physical deployment process. Every hour saved on a light pole installation is an hour redirected toward getting stalls energized. At scale, across dozens of new sites per quarter, those hours add up to a meaningful acceleration in how quickly a location goes from approved permit to serving its first customer.
Each Folding Unit pairs a single V4 power cabinet with eight charging posts. The V4 cabinet delivers up to 500 kW per stall for passenger vehicles and up to 1.2 MW for the Tesla Semi, supporting twice the stalls per cabinet at three times the power density of its predecessor. Longer cables make every new station immediately usable by non-Tesla vehicles, a priority as Tesla continues opening its network to Ford, GM, Rivian, Hyundai, Stellantis, and others.
As Teslarati reported when the Folding Unit was first unveiled, Tesla’s Gigafactory New York produced its final V3 Supercharger cabinet in March 2026 after more than seven years and 15,000 units, completing a full pivot to V4 production. The European arrival of the folding design is the next chapter in that transition.
Faster and cheaper deployment means Tesla can justify building in markets and corridors that were previously too expensive to serve, filling the coverage gaps that have slowed EV adoption outside major urban centers.
First Folding Unit Superchargers in Europe 🇪🇺 https://t.co/KNfYWJukkL pic.twitter.com/YR1udIpH1i
— Tesla Charging (@TeslaCharging) June 10, 2026
Tesla has stunned by gaining yet another approval for its Full Self-Driving suite in Europe, its second in two days and its fifth overall.
Belgium will be the latest country to allow Tesla owners to utilize FSD on public roads in Europe, joining a quickly growing list that started with the Netherlands, Lithuania, and Estonia.
On Tuesday, Denmark announced its approval of the FSD suite, which has now been followed by Belgium just one day later.
The country’s Minister of Mobility, Annick De Ridder, announced the approval on her X account, stating that she had just signed the approval of Tesla FSD. It now goes to the country’s homologation department for the last step of the approval process.
De @Tesla community houdt hier al geruime tijd de vinger aan de pols over de toelating voor de FSD-technologie op onze Vlaamse en Belgische wegen.
Uit waardering voor jullie niet-aflatende interesse (en aanmoediging 😉), krijgen jullie hierbij de primeur: ik heb net de toelating… pic.twitter.com/Yrps4OHTj8— Annick De Ridder (@AnnickDeRidder) June 10, 2026
The Belgian approval is one of mighty importance because it truly shows how quickly countries in Europe could greenlight the FSD suite consecutively. Approvals are already coming in relatively quickly, which is a great sign.
Perhaps the next big development that could come from FSD approvals in Europe is an approval from a country like England, Italy, France, Spain, or Germany. It would be something to see how FSD would perform in a major European metro, such as London, Barcelona, Madrid, Paris, Rome, or Berlin.
Getting Full Self-Driving in Spain and England will be such huge milestones for Tesla. I am so excited to see how FSD performs in Madrid, Barcelona, and London, specifically.
The ultimate test will always be Mumbai or New Delhi. Excited for India’s eventual approval! https://t.co/paw9Ch1qmL pic.twitter.com/9RdDERVSSJ
— TESLARATI (@Teslarati) June 9, 2026
Full Self-Driving does an excellent job of roaming around major U.S. cities like New York and Los Angeles, but other high-profile international cities of significance would truly mark a line in the sand for Tesla, which can simply enable any vehicle in its customer-owned fleet to run FSD with the correct approvals.
SpaceX (SPCX) IPO is live today at $135: Here’s exactly what you need to know
Tesla unfolded its first European “folding Supercharger”
