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SpaceX changes the game with 100th rocket launch
Ending exactly five months of delays, SpaceX has completed the first polar launch from Florida in more than half a century, potentially changing the game for the US launch industry.
Coincidentally SpaceX’s 100th launch ever, the SAOCOM 1B mission’s success could significantly redefine what current and future US launch providers are able to achieve with a single launch pad. To pull it off, SpaceX managed to thread the needle between Florida storm cells, avoiding the same fate as the Starlink-11 mission that was scrubbed by inclement weather earlier today. Prior to that delay, SpaceX was targeting – and, based on past performance, would have likely achieved – two orbital Falcon 9 launches and landings in less than ten hours, what would have easily been the quickest back-to-back commercial missions in history.
At 7:18 pm EDT (UTC-4), Falcon 9 booster B1059 lifted off from Cape Canaveral Air Force Station (CCAFS) Launch Complex 40 (LC-40) for the fourth time in nine months. The rocket performed perfectly, sending an expendable Falcon 9 second stage (S2), a payload fairing, SAOCOM 1B, and two rideshare payloads on their way to orbit. Eight minutes after launch and roughly six minutes after stage separate, B1059 successfully returned to SpaceX’s Cape Canaveral Landing Zone (LZ-1) for a soft landing, becoming the first booster to do so in almost six months.
A brisk four minutes after Falcon 9’s first second stage engine cut-off (SECO) and orbital insertion, the rocket gently deployed the ~3000 kg (~6600 lb) SAOCOM 1B satellite. The Argentinian spacecraft extended its own solar arrays and began generating power just a few minutes later.
More than an hour after launch, rideshare payloads GNOMES-1 and Tyvak-0172 deployed as planned, officially completing the Falcon family’s 93rd fully-successful launch. Falcon 9 B1059’s fourth landing was also SpaceX’s 58th since the first successful booster recovery in December 2015.
While an otherwise routine and unexceptional mission, SpaceX has now proven that it’s possible for commercial launch providers to fly to polar orbits – orbits centered around Earth’s poles – from the East Coast. Since 1969, Cape Canaveral (and, far less often, Virginia’s Wallops) launch facilities have offered access to low Earth orbits, geostationary orbits, medium Earth orbits, lunar orbits, and interplanetary trajectories – just shy of anything but polar or sun synchronous orbit (SSO). To reach those orbits, launch providers have traditionally built entirely separate launch facilities on the US West Coast, mostly limited to California’s Vandenberg Air Force Base (VAFB) or, much less often, Kodiak, Alaska.
Building launch pads from scratch – or even reusing portions of old pads – is an extremely expensive and time-consuming endeavor, often taking at least 12-24 months and tens to hundreds of millions of dollars. Blue Origin, for reference, is likely spending $500 million to $1 billion or more to build a Falcon Heavy-class launch pad from scratch for its first orbital rocket, New Glenn. While much smaller rockets from startups like Firefly and Relativity need proportionally smaller and cheaper launch pads, pad construction still end ups being a major expense and hurdle for new entrants. Both Firefly and Relativity have already publicized plans to build two separate launch facilities at Vandenberg and Cape Canaveral.
Now, given enough excess performance for any given payload, it may well be possible for companies like them – particularly Relativity – to move directly to Florida without having to sacrifice polar and SSO launch capabilities that are most commonly used by small satellites. For Blue Origin, it could potentially save the company years of work and hundreds of millions of dollars if it can avoid having to build a second New Glenn launch pad in California. ULA has already expressed interest in exploring East Coast polar launches for its next-generation Vulcan Centaur rocket, potentially preventing the need for expensive changes to one of its California launch pads.
It remains to be seen if the US military will ultimately certify the new Eastern polar launch corridor for its high-value payloads and it’s unclear if the new corridor has any major inclination or cadence restrictions, but it’s safe to say that existing providers are going to eagerly take advantage of this new capability.
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Tesla just gave what is perhaps its biggest signal yet that the launch of the Cybercab, its autonomous ride-hailing-geared car, is imminent.
The Cybercab has been spotted outside of Gigafactory Texas in massive numbers over the past few days, with hundreds of units being stored on property just days after the vehicle received a Certificate of Conformity from the EPA.
Today, things were a bit different.
Cybercabs spotted on Giga Texas property today had an addition: a Cybercab decal on the side, reminiscent of the “Robotaxi” ones that were placed on Model Ys just as the company launched its ride-sharing platform about a year ago.
Giga Texas drone operator Joe Tegtmeyer noticed the change today:
Tesla Cybercabs are now getting “Cybercab” logos on the side of them!
Tesla did the same with Model Ys that were given “Robotaxi” logos: https://t.co/DanANtw1m7 pic.twitter.com/FqOhH0S9Ks
— TESLARATI (@Teslarati) June 19, 2026
Tesla could be signaling that the Cybercab is preparing to enter the Robotaxi fleet in the coming weeks or months with this move. It seems more symbolic than anything; Tesla is ready to throw Cybercabs in the ride-hailing platform just as it did with Model Ys last year.
The addition of the Certificate of Conformity awarded to the Cybercab is another major factor working to Tesla’s advantage. The company now has permission from the EPA to allow the vehicle to operate on public roads and enter the chain of commerce. It’s officially street legal.
Tesla Cybercab specs revealed: range, curb weight, range ratings, and more
The big question that remains is whether Tesla will be able to operate the car without a safety monitor, especially considering it plans to put the car out there without a steering wheel or pedals. With the Cybercab only having a seating capacity of two, it is hard to believe Tesla will even consider putting a Safety Monitor in the car.
It did recently self-certify as Level 4 and has the ability to operate driverless vehicles in the State of Texas under a law that took effect on May 28. You can read more about that here:
Tesla’s Robotaxi dreams just took a massive step toward reality
We’d imagine Cybercabs will be on the roads as soon as July, but August will likely be a better estimate of when the car will be entered into the Cybercab fleet. It all depends at where Tesla is, as they’ve truly prioritized safety with the rollout of the Robotaxi platform.
Elon Musk has publicly questioned Moody’s credit assessments following the rating agency’s decision to assign SpaceX a Baa1 investment-grade rating, two notches above Tesla’s Baa3. The comments came amid discussions comparing the two companies’ financial profiles.
SpaceX earned its first-time Baa1 rating with a stable outlook from Moody’s. The agency highlighted the company’s leadership in orbital launches, the growing recurring revenue from its Starlink satellite network, strong vertical integration, U.S. government contracts, and emerging opportunities in AI infrastructure.
These factors were cited as supporting robust cash flows, margin expansion, and financial flexibility.
Musk responded directly: “Tesla’s credit rating is ridiculously low tbh,” and added, “Yeah, makes no sense. Tesla has over $40B in cash, no debt, and is consistently profitable!” His remarks underscored Tesla’s balance sheet strength and profitability at a time when many traditional automakers continue to report losses in the shift to electric vehicles.
Yeah, makes no sense.
Tesla has over $40B in cash, no debt and is consistently profitable!
— Elon Musk (@elonmusk) June 19, 2026
Tesla maintains a leading position in the global EV market, with diversification into energy and storage, battery technology, and robotics through projects like Optimus. Recent financial updates show the company generated positive free cash flow of $1.4 billion in Q1 2026, supported by operating cash flow of $3.9 billion. Cash and short-term investments stood at approximately $44.7 billion.
Moody’s has affirmed Tesla’s Baa3 issuer rating with a stable outlook in periodic reviews, acknowledging the company’s EV leadership, technology strengths, including AI for autonomous vehicles, solid profitability, and strong liquidity.
Tesla (TSLA) scores Baa3 Moody’s rating for ‘stable’ outlook
However, the agency has also noted challenges in the automotive segment and expectations for margin pressures.
Musk’s critique highlights a common debate about how traditional rating methodologies apply to high-growth, capital-intensive technology companies. SpaceX benefits from long-term government-backed contracts and diversified, recurring revenue streams, while Tesla’s valuation reflects heavy investment in future technologies such as autonomy and robotics.
Both ratings remain investment-grade, yet the one-notch difference has fueled online discussion about potential inconsistencies in evaluating innovative firms.
The exchange comes as SpaceX explores financing options following its recent valuation milestones, while Tesla continues executing on its multi-year roadmap. Musk’s pointed response serves as a reminder that credit ratings, though influential for borrowing costs, represent one lens through which markets assess corporate strength—and that company leaders often view their financial positions through the lens of long-term innovation and cash generation rather than short-term risk metrics alone.
A new report from Reuters claims that a transport authority in Sweden is pushing back against the approval of Tesla’s Full Self-Driving suite because it will travel over speed limits.
The report says the Swedish Transport Administration (TRV) recommends the European Union votes against FSD’s approval. TRV believes it should not be approved until Tesla disables FSD’s ability to speed.
TRV sent a letter to the European Union’s Technical Committee on Motor Vehicles (TCMV), which is set to meet on June 30 to discuss the potential approval of the Tesla FSD suite in the country. Tesla, which has received various approvals in Europe over the past two months, has not provided a comment.
Teslas operating on FSD do travel over the speed limit, depending on the Speed Profile that is chosen. Drivers have the ability to disengage FSD at any point; Tesla specifically states that those supervising the suite are responsible for its actions.
Let’s cut to the chase: humans operating any vehicle speed almost daily in the United States. Realistically, speed limits in the U.S. are more frequently treated as speed minimums. However, other countries are different, and driving behaviors are less aggressive.
TRV believes that “allowing automated systems to systematically exceed legal speed limits…risks undermining both the legal framework and the expected safety benefits of vehicle automation,” the report stated. It’s surprising that Tesla has not received this claim from other countries previously.
This could be a good argument to bring Max Speed back, the setting that previously allowed the driver to choose the absolute fastest the car would travel.
This would still put the responsibility of supervision in the hands of the driver. It would allow the driver to choose whether the car would travel over the speed limit or not, acknowledging that they set the speed, and if they get pulled over, there would be no ability to argue it.
However, it does not seem as if this is something Tesla will do, especially considering many U.S. drivers have requested the feature in an effort to eliminate speeding or at least tone it down. The company has not shown any interest in bringing it back.
Tesla has approvals for FSD in Europe in Estonia, Lithuania, Denmark, the Netherlands, and Belgium.
Tesla Cybercab launch is imminent after latest sighting at Giga Texas
Elon Musk says this part of Tesla ‘makes no sense’
