News
SpaceX’s historic NASA astronaut launch debut on track for second attempt
Rather than making history on May 27th, SpaceX’s highest-profile launch ever – Crew Dragon’s NASA astronaut launch debut – was scrubbed just minutes before liftoff by stormy Florida weather. Unfortunately, conditions appear to be even less favorable on Saturday and Sunday backup windows.
Weather trended well, until it didn’t
The day began with launch fans growing increasingly concerned about a system of low-pressure off of Florida’s northeast coast that strengthened into tropical storm Bertha – the second named storm before the official start of the Atlantic basin hurricane season on June 1st. As the day progressed, Bertha became less of a worry for SpaceX recovery and emergency abort drop zones as it moved further north up the coast eventually making landfall in South Carolina. Then the thunderstorms began firing up.
Going into launch day launch weather officer, Mike McAleenan of the U.S. Space Force’s 45th Weather Squadron predicted a 60% chance of favorable launch weather conditions. That decreased slightly to 50% during the morning’s launch weather briefing. The 50/50 shot of Florida weather cooperating to get the launch off during the one-second long launch window opportunity remained the main concern for the rest of the day.
During the final thirty minutes of the countdown, many of the weather constraints that were holding up a green-light for launch from cleared up, but one last weather rule remained no-go. McAleenan stated over the internal weather communication loop during NASA’s live broadcast that if the launch window could’ve extended another 10 minutes, the weather would probably cooperate. This wasn’t the case, though. The launch attempt was ultimately aborted just 14 minutes shy of liftoff due to the “field mill” rule not clearing in time. The lightning field mill rule refers to a sophisticated electrical field system that spans the entire area of Kennedy Space Center and the surrounding area of Cape Canaveral responsible for continuously detecting the electrical charge of the atmosphere.
Protecting rockets from producing lightning
Rockets are not permitted to launch through an electrically charged atmosphere because of the possibility of what is called “triggered” lightning – lightning that is actually produced by a rocket bursting through an electrically charged atmosphere. Sending a rocket through an already unstable atmosphere can cause a disturbance, a lightning bolt, to be triggered. This phenomenon has the capability of being potentially dangerous for the rocket and, more importantly in this case, the occupants on board.
Demo-2, Round 2
Following a scrubbed first attempt, the 45th Weather Squadron released the L-3 (3 days until launch) forecast for the second attempt to send NASA astronauts Doug Hurley and Bob Behnken to the International Space Station. The prediction looked much like the one going into Wednesday’s attempt. On Thursday morning, May 28th, a new L-2 (2 days until launch) forecast was released showing very little change from the evening before.
SpaceX’s next attempt at a Demo-2 launch will occur on Saturday, May 30th, at 3:22:41pm EDT with another backup attempt scheduled for Sunday, May 31st at 3:00:07pm EDT. The outlook for the weather, however, looks much the same as it did for Wednesday. The 45th Weather Squadron is currently predicting only a 40% chance of favorable launching conditions on both days, and that’s just for the weather directly over LC-39A at the time of launch.
The 45th Weather Squadron does not predict other conditions that can determine a scrub of launch including upper-level atmospheric winds capable of completely sheering apart a rocket at altitude, or weather conditions for booster recovery and the recovery zones needed to rescue the Dragon capsule in the event of an emergency abort scenario. SpaceX has its own team of professionals that work in tandem with the 45th Weather Squadron to monitor the conditions of the recovery and abort zones. SpaceX takes things into consideration like wave height and patterns to determine whether or not conditions are appropriate enough for crews to perform any and all recovery operations that may be needed.
For Saturday’s attempt, the SpaceX Demo-2 will once again face the challenges of precipitation and dangerous lightning producing anvil and cumulus clouds. Expect launch day to look much like it did during the first attempt on Wednesday. SpaceX will need to thread one seriously precise needle to pull off the most historic rocket launch in company history.
Check out Teslarati’s newsletters for prompt updates, on-the-ground perspectives, and unique glimpses of SpaceX’s rocket launch and recovery processes.
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”
