Connect with us
SpaceX completed its first Starlink launch on May 23rd, flying B1049 for the third time. SpaceX's next Starlink launch will very likely mark the first time a booster has flown four orbital-class missions. (SpaceX) SpaceX completed its first Starlink launch on May 23rd, flying B1049 for the third time. SpaceX's next Starlink launch will very likely mark the first time a booster has flown four orbital-class missions. (SpaceX)

News

SpaceX ready for 60-satellite Starlink launch debut: third time’s the charm?

SpaceX is just hours away from its third attempt at Starlink's dedicated launch debut. (SpaceX)

Published

on

SpaceX is approximately two hours away from its third Starlink v0.9 launch attempt, an ambitious batch of 60 satellites that will also be the company’s heaviest payload ever.

As hinted at by the name “Starlink v0.9”, these sixty satellites are not quite the final design. More a beta test at an unprecedented scale, several critical new technologies and strategies will be put to the test on this launch, ranging from a seriously unorthodox satellite deployment method to the near-final krypton-fueled electric thrusters. Same as SpaceX’s May 15th and 16th launch attempts, Starlink v0.9’s third try has a 90-minute window that opens at 10:30 pm EDT (02:30 UTC), this time on Thursday, May 23rd.

Third time’s the charm ?

May 23rd’s Starlink v0.9 launch attempt will be the mission’s third, preceded by May 15th – scrubbed by high-altitude wind shear – and May 16th, cancelled before fueling began in order to troubleshoot and update the software aboard the 60 Starlink satellites. After a week of concerted effort from SpaceX technicians and software developers, those issues have been more or less dealt with and the first batch of Starlink satellites are once again ready for orbit.

The second phase of Starlink testing – 60 advanced satellites – in a single fairing. (SpaceX)

According to SpaceX, the massive payload of 60 flat-packed Starlink satellites weighs approximately 18.5 tons (16,800-18,500 kg, unclear if short or metric tons). Either way, it will easily break SpaceX’s previous record – likely Crew Dragon’s DM-1 debut – and become the heaviest payload the company has ever attempted to launch. Despite the sheer size and mass of the payload, Falcon 9 booster B1049 – launching for the third time – will still be able to land aboard drone ship Of Course I Still Love You (OCISLY) some eight minutes after launch.

If the recovery goes well, B1049 will become the third SpaceX booster to successfully complete three orbital-class launches and landings, paving the way for a series of fourth flights (and beyond) later this year.

Cubesats, meet Flatsats

Aside from the mission’s impressive rocket performance requirements, Starlink v0.9 will also serve as a huge beta test of a dozen or more new technologies. The most visible of those has to be each satellite’s truly unique flat, rectangular form factor, as well as SpaceX’s use of flat-packing in place of a dedicated structure for holding and dispensing the satellites. It’s unclear if there is some additional reinforcement or if the satellites themselves provide all of the stack’s strength. If the latter is true, the satellites at the bottom must survive massive forces – ranging from ~7000 kg at rest to 35,000+ kg at the end of Falcon 9’s second stage burn.

Aside from their exotic structure, each Starlink satellite also carries a single-panel ~3 kW solar array using one of two experimental deployment mechanisms. Each satellite’s main propulsion comes from an unknown number of Hall Effect thrusters (i.e. electric/ion thrusters) fueled by krypton instead of the usual xenon. SpaceX’s internally-developed krypton thrusters are the only known examples to have been tested in orbit.

Aside from thrusters, SpaceX CEO Elon Musk also believes that the company’s space-based phased array antennas – also developed in-house – are more advanced than any operational competitor on Earth. Musk also revealed that SpaceX would attempt to use a bizarre and largely untested method of satellite deployment, spinning Falcon 9’s upper stage and releasing the satellites with inertia instead of traditional springs or pushrods.

Advertisement

Regardless of whether everything works as planned, the launch is going to be a spectacular one and the webcast may even include views of the bizarre satellite deployment. Catch SpaceX’s live coverage of the mission – likely to include new details about the Starlink constellation – at the link below. Coverage will begin ~15 minutes prior to liftoff.

https://www.youtube.com/watch?v=AfbIMknNWks

Check out Teslarati’s Marketplace! We offer Tesla accessories, including for the Tesla Cybertruck and Tesla Model 3.

Eric Ralph is Teslarati's senior spaceflight reporter and has been covering the industry in some capacity for almost half a decade, largely spurred in 2016 by a trip to Mexico to watch Elon Musk reveal SpaceX's plans for Mars in person. Aside from spreading interest and excitement about spaceflight far and wide, his primary goal is to cover humanity's ongoing efforts to expand beyond Earth to the Moon, Mars, and elsewhere.

Advertisement
Comments

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.

Published

on

By

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.”

Continue Reading

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.

Published

on

By

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.

Continue Reading

News

Tesla stuns with another FSD approval in Europe, its second in two days

Published

on

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.

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.

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.

Continue Reading