SpaceX has completed its 21st Falcon 9 launch of 2022, continuing an impressive average cadence of more than one launch per week.
After an unexplained 40-minute delay from 6:20 am EDT, former Falcon Heavy booster B1052 lifted off from Kennedy Space Center Launch Complex 39A shortly after sunrise at 6:59 am EDT (10:59 UTC) on Wednesday, May 18th. Carrying its second batch of Starlink satellites on its third mission as a Falcon 9 boosters and fifth launch overall, Falcon B1052 performed flawlessly, safely carrying a reused Falcon fairing, expendable upper stage, and stack of 53 Starlink satellites most of the way free of Earth’s atmosphere.
B1052 then separated and coasted back to Earth as Falcon 9’s upper stage continued to orbit. About nine minutes after liftoff, the booster touched down on drone ship A Shortfall of Gravitas (ASOG) and the upper stage reached a safe parking orbit, marking the premature end of SpaceX’s official webcast. Starlink satellite deployment – typically anywhere from 20 to 60 minutes after liftoff – now occurs off-camera, with only a slight vocal confirmation and a tweet from SpaceX to verify the most important part of each mission.
Looking beyond the bounds of calendar years, Starlink 4-18 is SpaceX’s 28th successful launch since November 11th, 2021 – a period of six months and seven days or 27 weeks. In other words, SpaceX is already more than half of the way to demonstrating a sustained cadence of one launch per week over a full 12 months, leaving little doubt that the company has the ability to achieve CEO Elon Musk’s lesser goal of 52 launches in 2022. The company’s launch teams, processing facilities, launch pads, Falcon production, and fleets of reusable boosters and fairings have proven themselves fully capable.
The only remaining uncertainty stems from reliability and unknown unknowns. Even the most reliable rocket in the world is a highly complex system that can still fail in thousands of unique ways. After an impressive streak of 130 consecutively successful launch campaigns, Falcon 9 is by some measures the most reliable launch vehicle still in operation. As early as June 2022, however, Falcon 9 will have an opportunity to set the record for most consecutive successes of any rocket in history when it attempts to launch without fail for the 134th time in a row. For now, Russia’s R-7 or Soyuz family of rockets – which have launched close to 2000 times since 1966 – hold the current record of 133 consecutive successes. Technically, if one considers Falcon 9 and Falcon Heavy part of the same family, R-7/Soyuz and Falcon are now tied with records of 133 consecutive successes.
However, the differences between Falcon 9 and Falcon Heavy far exceed the relatively small differences between the many slight R-7/Soyuz variations. Given that the variants of Falcon 9 rockets that began SpaceX’s current streak of success in January 2017 were significantly different than those flying today, the full R-7/Soyuz family and Falcon 9 are more directly and fairly comparable than they might initially appear.
Regardless, SpaceX will have accomplished an extraordinary feat if Falcon 9 does complete its 134th successful launch in a row sometime next month. But simultaneously, R-7’s 133-launch record serves as a reminder that at one point in history, an entirely different rocket family that had been averaging more than one launch per week for almost a decade still failed after 133 successful launches. Modern airliners serve as another good reminder of the inherent instability of complex artificial mechanisms: even though they are statistically one of the safest forms of mass transit humans have ever created, they still occasionally crash.
To assume any such system has become immune to failure after a number of successes is to tempt fate. Nonetheless, with the qualification that there are no guarantees, SpaceX’s performance over the last five years significantly raises confidence in the company’s ability to continue executing and completing orbital launches at a rapid pace throughout 2022 (and beyond) without failure.
Beyond Starlink 4-18, SpaceX is scheduled to launch its own Transporter-5 rideshare mission as early as May 25th, Cargo Dragon’s CRS-25 space station supply mission on June 7th, Egypt’s Nilesat-301 communications satellite on June 10th, and a number of other unspecified commercial launches and Starlink missions in June and July.
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”
