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

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.
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.
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News
Tesla tops American-Made Index for sixth-consecutive year
Tesla is atop the American-Made Index from Cars.com for the sixth-straight year, as the Model 3 and Model Y took the top two spots, respectively.
Last year, the Model 3, Model Y, Model S, and Model X took the top four spots, respectively. The company has routinely performed well in the Index. However, Tesla discontinued its flagship Model S and Model X earlier this year, which took the two cars out of the ranking.
Cybertruck is not considered due to its curb weight being above the 8,500-pound threshold, which eliminates it from being required to have more detailed assembly information.
Cars.com uses five main categories to develop its rankings:
- Location(s) of final assembly
- Percentage of U.S. and Canadian parts
- Countries of origin for all available engines
- Countries of origin for all available transmissions
- U.S. manufacturing workforce
These five major factors are then put into a 100-point scale. The vehicles with the highest scores sit atop the list. The Model 3 edged out the Model Y.
🇺🇸 The Tesla Model 3 and Tesla Model Y have been put atop the American-Made Index from https://t.co/PXZ0g1pPb6, meaning they are the most American vehicles you can possibly buy.
This is the SIXTH-STRAIGHT year a Tesla has been listed as the most American-made vehicle: pic.twitter.com/HyraOmaxSL
— TESLARATI (@Teslarati) June 23, 2026
Tesla uses a strong domestic strategy to build its cars and parts domestically. It relies on intense vertical integration that reduces its dependence on global suppliers, keeping more value and jobs in the United States.
This strategy has helped Tesla gain a strong reputation for domestically produced vehicles and parts. However, it helps it with more than just awards like this one. Keeping a supply chain local has also helped insulate Tesla more than others from tariffs and supply chain disruptions.
This year’s American-Made Index from Cars.com studied nearly 400 vehicles from the 2026 model year. Tesla was the only manufacturer to have an EV inside the Top 10. The Kia EV9 was the next EV to make the list, scoring the 17th position.
The Hyundai IONIQ 5 was 21st, and the final EV to make the list was the Cadillac LYRIQ in 77th.
Elon Musk
Tesla finally clarifies fatal Texas crash, confirms driver manually overrode acceleration
Tesla has finally clarified the situation regarding the viral crash in Texas where a Model 3 slammed into a home.
CEO Elon Musk replied to reports on Monday that stated the crash was due to the company’s Full Self-Driving or Autopilot suite, which seemed unlikely to those who are familiar with it. Video showed the car slamming into a house at an excessive rate of speed, making it highly unlikely the crash was due to the suite’s operation, as it does not travel at those speeds in residential areas.
Musk said:
“This makes no sense. FSD drives slowly through neighborhood streets, and this was a high-speed crash!”
Tesla’s Head of AI, Ashok Elluswamy, added context, revealing that the company’s data shows the driver “manually overrode self-driving by pressing the accelerator all the way to 100%.”
He revealed the speed reached by the car was 73 MPH, and the accelerator was still pressed “even after the crash.”
Yup. In this case, the driver manually overrode self-driving by pressing the accelerator all the way to 100% of the accel pedal in this residential area. They reached a speed of 73 mph during the crash, and had the accelerator pressed even after the crash.
— Ashok Elluswamy (@aelluswamy) June 22, 2026
Authorities are reportedly investigating “whether Tesla’s Autopilot system played a role after a Model 3 left the roadway…slammed through a brick house at high speed and fatally struck Matha Avila as she sat inside,” the New York Post reported.
The National Highway Traffic Safety Administration (NHTSA) is now investigating the crash. Tesla will work with the agency to provide them with whatever information they need in order to clarify the cause of the crash.
Similarly, Tesla had claims of a fatal accident in Harris County, Texas, a few years ago. Early reports indicated that Full Self-Driving was the cause of the crash. After the National Transportation Safety Board (NTSB) worked with Tesla, the agency proved there was “no use of the Autopilot system at any time during this ownership period of the vehicle, including the time frame up to the last transmitted timestamp on April 17, 2021.”
Tesla alleged “driverless” crash in Texas: What is known so far
“Application of the accelerator pedal was found to be as high as 98.8 percent,” the NTSB said in their findings. The highest recorded speed in the five seconds leading up to the impact was 67 miles per hour. The area where the crash occurred is residential, and Texas State laws have default speed limits of 30 MPH in residential streets.
This appears to be a similar situation. However, an investigation will prove what happened for sure.
Investor's Corner
SpaceX makes $20 billion move to optimize its balance sheet
SpaceX announced today that it commenced its first-ever public bond offering, marking a significant step in the newly public company’s capital markets strategy.
The company announced an offering of senior unsecured notes expected to raise at least $20 billion.
The move comes just a short time after SpaceX completed one of the largest initial public offerings in history. In mid-June, the company priced shares at $135 and raised more than $85 billion, propelling founder Elon Musk’s net worth past the trillion-dollar mark and giving the firm substantial liquidity.
🚨 SpaceX has announced its inaugural offering of senior unsecured notes.
The net proceeds will be used to repay outstanding loans under its bridge loan facility in full.
This inaugural debt offering represents a financing milestone for SpaceX, which previously depended… pic.twitter.com/pcOZuVbTRv
— TESLARATI (@Teslarati) June 22, 2026
According to the company’s SEC filing, the net proceeds from the notes will be used primarily to repay in full the outstanding borrowings under its existing bridge loan facility, cover related fees and expenses, and fund general corporate purposes. The offering is being conducted under Rule 144A, as well as Regulation S, targeting qualified institutional buyers and non-U.S. investors. Notes will be unsecured obligations ranking equally with other unsubordinated debt.
The $20 billion bridge loan was used to refinance approximately $17.5 billion in higher-cost “junk” debt tied to X and xAI. SpaceX had merged with xAI in February 2026 in an all-stock deal. The bridge facility, which matures in September 2027, had represented the bulk of SpaceX’s long-term debt.
SpaceX officially acquires xAI, merging rockets with AI expertise
In connection with the bond launch, SpaceX disclosed it held approximately $100.8 billion in cash and cash equivalents as of June 19. Investor calls began on the announcement date, with pricing and launch expected shortly thereafter. Rating agencies have assigned investment-grade ratings to the proposed bonds, reflecting confidence in SpaceX’s dominant position in commercial launches and the growth trajectory of its Starlink internet offering.
The debt raise also allows SpaceX to optimize its balance sheet by replacing short-term, higher-cost bridge financing with longer-date, lower-cost fixed-income securities. This provides greater financial flexibility to support capital-intensive initiatives, including the development of Starship, the expansion of the Starlink constellation, and the integration of AI capabilities following the xAI combination.
SpaceX shares (NASDAQ: SPCX) fell sharply on the news, dropping over 16 percent overall on the market on Monday. The stock had surged initially after debuting but pulled back amid profit-taking and broader market dynamics.
Overall, the bond offering underscores SpaceX’s transition to a mature public company with access to diverse funding sources. It positions the firm to pursue its long-term vision of multiplanetary expansion and AI infrastructure, while maintaining a disciplined approach to its capital structure in a high-growth but capital-heavy industry.