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SpaceX Starlink launch to smash California pad turnaround record
Update: SpaceX’s Thursday Starlink 3-2 launch was automatically aborted less than a minute before liftoff by Falcon 9’s onboard computers. The company will try again tomorrow, Friday, July 22nd, at 10:39 pm PDT (17:39 UTC).
SpaceX says it’s on track to launch another batch of polar Starlink satellites from the West Coast as early as 10:39 am PDT (17:39 UTC), Thursday, July 21st.
On top of featuring one of the fastest Falcon 9 booster turnarounds ever, SpaceX’s Starlink 3-2 launch will more than halve the fastest turnaround of its Vandenberg Space Force Base (VSFB) SLC-4E pad, potentially rendering it capable of launching dozens of times per year.
Barring delays, Starlink 3-2 is scheduled to launch from SLC-4E just 10 days and 14 hours after the same pad supported Starlink 3-1. The current record – 22 days and 11 hours – was set between the launches of Germany’s SARah-1 radar satellite and Starlink 3-1, meaning that SLC-4E is on track to break its turnaround record twice in a row.
For most of the time since SpaceX began using SLC-4E for Falcon 9 launches in 2013, the pad has rarely supported more than one launch every few months. Between 2013 and 2020, the pad supported a total of 16 successful Falcon 9 launches. 15 occurred between January 2016 and November 2020, averaging one launch every four months and never flying twice in less than 36 days. Between January 2019 and September 2021, the pad only supported three launches and even went 17 months without a single use.
In late 2021, something changed. On top of the introduction of dedicated West Coast Starlink launches, apparent upgrades to the pad’s turnaround capabilities have allowed it to support more launches than usual. In the ten months since SLC-4E exited its hibernation period, it’s supported nine Falcon 9 launches – five for Starlink and four for customers. Prior to 2021, SLC-4E never supported more than six launches in a ten-month period, meaning that the pad is already operating at a 50% higher capacity.
SpaceX, however, apparently wasn’t satisfied and is on track to substantially expand SLC-4’s operational constraints yet again, more than halving its minimum demonstrated turnaround time. By definition, that also doubles the pad’s operational ceiling, meaning that it could theoretically support about 34 launches per year with no downtime. SpaceX appears to have achieved that expansion by applying the same upgrades it already made to its two East Coast launch pads, LC-39A and LC-40, which both set respective turnaround records of approximately nine days and eight days earlier this year. SLC-4E will comfortably bookend the two with its imminent 10.7-day turnaround.
Of course, no launch pad routinely operates at its demonstrated minimum, but a leap forward like SLC-4E’s (22.5 to 10.7 days) all but guarantees that the pad will be able to launch far more frequently as long as rockets and payloads are available. Over the last seven months, LC-39A has averaged one launch every 19 days – more than twice its 9.1-day turnaround record. LC-40, which generally deals with simpler missions and only one of three Falcon rocket variants, has managed one launch every 13 days over the same period – closer to its 8.2-day record but still a ways off.
Even if SLC-4E’s average cadence settles somewhere between SpaceX’s other two pads going forward, it will still likely double its contribution the company’s annual launch cadence and help expedite the deployment of its Starlink internet constellation. If all three pads manage an average of about one launch every two weeks, a target that’s well within reach, SpaceX will have the capacity to launch 72 Falcon rockets per year – more than any other family of rockets in history.
Pad aside, Starlink 3-2 will be Falcon 9 booster B1071’s fourth launch overall and second launch in 33 days – SoaceX’s fifth fastest Falcon booster reuse since the practice began in March 2017. Tune in below around 10:30 am PDT (17:30 UTC) to watch Falcon 9’s 32nd launch of 2022.
Elon Musk has firmly denied recent media reports suggesting that SpaceX has reduced its target valuation for an upcoming initial public offering.
The denial came directly from the SpaceX and Tesla frontman on his social media platform X, where he responded with a single word, “False,” to a post from ZeroHedge that cited Bloomberg sources.
This swift rebuttal underscores Musk’s ongoing effort to manage speculation surrounding one of the most anticipated market debuts in recent history.
False
— Elon Musk (@elonmusk) May 29, 2026
According to the disputed reports, SpaceX had lowered its IPO valuation goal to at least $1.8 trillion from previous ambitions exceeding $2 trillion.
The claims emerged amid growing anticipation for the company’s confidential S-1 filing, which positions it for a potential public listing as early as June.
Some had pointed to strong revenue growth, particularly from the Starlink satellite internet service, which contributed heavily to the firm’s 2025 figures of $18.7 billion. Yet challenges persist in other areas, including substantial investments and losses tied to ambitious projects like Starship development and artificial intelligence initiatives, which plan to make life multiplanetary eventually.
Musk’s response highlights a pattern in which he actively counters what he views as inaccurate portrayals of his companies’ trajectories.
SpaceX, already valued privately at extraordinary levels, stands as a cornerstone of Musk’s empire alongside Tesla and xAI. The entrepreneur has long emphasized the transformative potential of reusable rockets and global broadband access, factors that fuel investor enthusiasm despite operational hurdles.
By rejecting the valuation downgrade narrative, Musk signals confidence in SpaceX’s fundamentals and its readiness for public markets on terms favorable to its long-term vision. People have been waiting a very long time to invest in SpaceX, and the valuation, as well as the introductory share price, is not going to need adjusting.
They’ll have plenty of suitors.
This episode reflects broader dynamics in the technology sector, where rumors often swirl around high-profile entities. Musk’s direct engagement with media narratives serves to maintain transparency and control the narrative around his ventures.
As SpaceX prepares for greater scrutiny in public markets, the founder’s denial reinforces optimism about its prospects. Supporters argue that the company’s innovative edge positions it for enduring success, far beyond short-term valuation debates. With the denial now public, attention turns to forthcoming regulatory filings that could provide clearer insights into SpaceX’s strategy and financial health.
The coming weeks promise to reveal more about how SpaceX will transition into a publicly traded powerhouse.
Tesla’s dreams of operating a fully autonomous ride-hailing platform just took a massive step toward reality, as two separate events have indicated the company is perhaps closer than ever to achieving self-driving as a product.
On Thursday, Tesla was granted authorization by the State of Texas to operate driverless vehicles in a commercial manner. On May 28, Senate Bill 2807, passed by the 89th Texas Legislature, took effect after being passed back on September 1, 2025.
The bill establishes a statewide regulatory framework requiring authorization from the Texas Department of Motor Vehicles for companies to operate automated vehicles commercially on Texas roads.
This covers driverless, or SAE Level 4+, operations for passenger transport, meaning Robotaxi, or freight.
Tesla and other companies can self-certify their vehicles and tech as long as they:
- Operate in compliance with Texas traffic laws
- Maintain proper registration, title, and insurance
- Use compliant automated driving systems
- Record onboard activity and handle system failures and glitches safely.
The new authorization, which was first reported by James Stephenson on X, allows companies to utilize their own processes to determine if their vehicles are ready to operate without drivers.
🚨BREAKING:
Tesla has been authorized by the State of Texas to operate driverless vehicles commercially under the new law that took effect today, May 28th, 2026. Tesla has officially self-certified the software running on its robotaxis as Level 4. $TSLA pic.twitter.com/KSJdsvlaW5— James Stephenson (@ICannot_Enough) May 28, 2026
It is a rule that expedites the entire approval process, keeping agencies out of a usually long, lengthy, and frustrating task that is essential to technological advancements. It essentially means Tesla can launch commercial Robotaxi operations at this point.
On the very same day, Tesla continued the momentum as CEO Elon Musk shared a video of Cybercab units autonomously driving off the property at Gigafactory Texas. This is a major step in the story of the Cybercab.
Mass production of the Cybercab started at Giga Texas in April, and it is already heading out of the factory on its own.
Cybercab driving itself out of the GigaTexas factory pic.twitter.com/EwAMVVDjYy
— Elon Musk (@elonmusk) May 28, 2026
These two major events mark a drastic step forward in Tesla’s progress toward Cybercab and the permissions it needs to operate a self-driving ride-hailing service. Tesla is now able to operate autonomously under Texas law by self-certifying, and with the potentially imminent rollout of Cybercab, Tesla’s autonomous dreams are starting to take serious shape.
Elon Musk
The Tesla and SpaceX merger everyone is talking about is quietly building
Tesla and SpaceX may be closer to merging than Wall Street or either company is admitting.
Elon Musk has reportedly discussed merging Tesla and SpaceX with people close to him, according to CNBC, which cited sources familiar with the conversation. Tesla employees have long expected such a transaction and the topic is openly discussed internally, according to internal sources. With SpaceX is days away from kicking off its Wall Street roadshow for what could be the largest IPO in market history, this would be the first time the company will have public market currency to execute a stock-for-stock deal with Tesla.
The financial logic for a merger would make sense. A combined SpaceX and Tesla would create a conglomerate spanning rockets, satellites, electric vehicles, AI infrastructure, and energy storage valued at roughly $3.35 trillion to $3.6 trillion based on SpaceX’s IPO target range and Tesla’s current market capitalization. The two companies are already more intertwined than most people realize. SpaceX bought $697 million worth of Tesla Megapack systems for xAI data centers and $131 million worth of Cybertrucks. Tesla invested $2 billion in xAI, which subsequently merged with SpaceX. Past transactions also include Tesla selling solar equipment and parts to SpaceX, and SpaceX helping with Cybertruck materials.
Will Tesla join the fold? Predicting a triple merger with SpaceX and xAI
Musk himself signaled where this was heading in November 2025 when he posted on X, “My companies are, surprisingly in some ways, trending towards convergence.” Tesla and SpaceX announced a joint semiconductor fabrication facility in Austin called Terafab on the Gigafactory Texas campus, covering two advanced chip factories, with one serving Tesla’s AI needs for vehicles and Optimus robots, the other targeting space-based data centers under SpaceX’s infrastructure vision.
Wedbush analyst Dan Ives places the probability of a merger at 80% to 90% with a target completion in the first half of 2027. The mechanics of a deal became possible the moment SpaceX filed its S-1. Legal experts said a merger likely would not spark antitrust issues but would raise concerns among shareholders in each company, with questions around which company would be the parent, how a stock swap would take place, and who determines the appropriate price. Musk holds about 20% of Tesla’s equity but controls 85.1% of SpaceX’s voting power through a super-voting share class, meaning he would largely be negotiating the terms with himself.
Not everyone is convinced the timing is imminent. Traders on Kalshi place only 33% odds that a merger will happen before May 2027. The more immediate concern for Tesla shareholders is whether the SpaceX IPO pulls capital and Musk’s attention away from Tesla before any merger consolidates the upside for both.
What is clear is that the structural groundwork is already being laid. The Terafab announcement, the xAI merger, the shared supply chain, the cross-company balance sheet transactions, and now the IPO all point in the same direction. Whether the merger follows in 2027 or later, the two companies are already operating more like divisions of a single entity than independent competitors.
Elon Musk strikes down reports on SpaceX IPO rumors
Tesla’s Robotaxi dreams just took a massive step toward reality
