SpaceX
SpaceX’s Crew Dragon to launch astronauts in July, says Russian source
A source familiar with Russia’s aerospace industry recently informed state newspaper RIA Novosti that NASA has provided Russian space agency Roscosmos with an updated planning schedule for International Space Station (ISS) operations, including a preliminary target for SpaceX’s first Crew Dragon launch with astronauts aboard.
According to RIA’s source, NASA informed Roscosmos that the agency was tentatively planning for the launch of SpaceX’s Demonstration Mission 2 (DM-2) as early as July 25th, with the spacecraft departing the ISS, reentering the atmosphere, and safely returning astronauts Bob Behnken and Doug Hurley to Earth on August 5th. In a bizarre turn of events, Russian news agency TASS published a separate article barely 12 hours later, in which – once again – an anonymous space agency source told the outlet that “the [DM-2] launch of Crew Dragon is likely to be postponed to November”. For the time being, the reality likely stands somewhere in the middle.
While it’s hard not to jump to conclusions about the oddity of two wholly contradictory reports arising from similar sources in similar articles just half a day apart, it’s just as likely that the near-simultaneous publishing of both TASS and RIA stories is mainly a coincidence. At the same time, truth can be found in both comments made by the anonymous source(s), while they also offer a sort of best-case and worst-case scenario for the first crewed launch of SpaceX’s Crew Dragon spacecraft.
RIA began the series on March 22nd with a brief news blurb featuring one substantive quote from the aforementioned space industry source.
“The American side informed the Russian side that the launch of the [first crewed launch of] Dragon-2…to the ISS…is scheduled for July 25. The docking with the station is scheduled [to occur around one day later]. The separation from the ISS and return to Earth is expected on August 5,” the agency’s source said.
Put in a slightly different way, NASA informed Roscosmos that it had begun to loosely plan for the launch of SpaceX’s DM-2 no earlier than (NET) late July, much like NASA and SpaceX publicly announced that Crew Dragon’s DM-1 launch debut was scheduled NET January 17th as of early December 2018. DM-1’s actual debut wound up occurring on March 2nd, a delay of approximately six weeks. The cause(s) behind the discrepancy between NASA’s first serious planning date and the actual launch remains unknown but it’s safe to say that things took quite a bit longer than expected even after Crew Dragon and Falcon 9 were technically “go” for launch.
Although NASA and SpaceX now have the luxury of a vast cache of flight data and the practical experience derived from conducting Crew Dragon’s first – and nearly flawless – orbital launch and ISS rendezvous, Crew Dragon’s DM-2 mission remains an entirely different animal. Aside from requiring a number of significant hardware changes and introducing the visceral pressure of real human lives hanging in the balance, DM-2 will be a major first for the NASA after having spent the better part of eight years unable to launch its own astronauts into orbit.
A ‘race’ no more
Meanwhile, Boeing’s Starliner spacecraft – a companion to Crew Dragon under NASA’s Commercial Crew Program – has suffered multiple setbacks in 2019, reportedly pushing the vehicle’s uncrewed launch debut from April to NET August, a delay of at least four months. As a result, nothing short of severe anomalies during Crew Dragon hardware preparation and/or NASA’s reviews of DM-1 performance and DM-2 flight-readiness could prevent SpaceX from becoming the first commercial entity to build, launch, and operate a crewed spacecraft in the history of spaceflight.
According to a December 2018 update provided during NASA’s quarterly Advisory Council meetings, the entirety of Crew Dragon DM-2’s manufacturing and integration may already be complete, with the capsule potentially heading to SpaceX’s Florida payload processing facilities later this week. NAC’s December 2018 dates did not, however, account for the DM-1 launch delays that shortly followed, plausibly impacting the completion of DM-2 integration and pad delivery to ensure that any potential anomalies experienced during Crew Dragon’s test flight could be resolved in Hawthorne, CA.
According to NASA and SpaceX, DM-2’s Crew Dragon will need to be retrofitted with thermal regulation hardware to prevent Draco thruster plumbing from freezing under a handful of specific conditions on orbit, as well as potential modifications to the craft’s parachute system and the installation of four windows instead of two. SpaceX will also need to install Crew Dragon’s first orbit-ready display and control hardware. Finally, SpaceX has opted to conduct an in-flight abort (IFA) test of Crew Dragon to verify that the spacecraft can safely carry astronauts to safety from the moment of launch to orbital insertion, a test that will have to be completed successfully and reviewed by NASA before the agency allows SpaceX to proceed with DM-2.
All of the above tasks – including major agency-wide reviews of Crew Dragon’s performance during its DM-1 debut – must be completed before SpaceX will be permitted to launch astronauts to the ISS, all of which inherently add some level of uncertainty to DM-2’s practical launch schedule. If all reviews and modifications proceed flawlessly, including a perfect in-flight abort test as early as late June, it’s possible that SpaceX and NASA could be prepared to launch Crew Dragon once more by the end of July.
In reality, it’s extremely unlikely that everything will proceed perfectly, as evidenced by the drawn-out process required for NASA and SpaceX to eventually reach flight-readiness prior to DM-1. If a significant number of challenges arise over the next few months of reviews and work, it’s not out of the question for DM-2’s launch to slip to Q4 2019 or Q1 2020. Splitting the difference, it would be safest to bet that Crew Dragon will lift off with astronauts aboard no earlier than August or September. Regardless, a great many exciting milestones are soon to come for SpaceX’s first human spaceflight program. Stay tuned as SpaceX prepares to ship the second flightworthy Crew Dragon to Florida.
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Elon Musk
SpaceX is keeping the Space Station alive again this weekend
SpaceX’s Falcon 9 launches Northrop Grumman’s Cygnus NG-24 to the ISS with 11,000 pounds of cargo Saturday.
SpaceX is targeting April 11 for the launch of Northrop Grumman’s Cygnus XL cargo spacecraft to the International Space Station, carrying over 11,000 pounds of supplies, science hardware, and equipment for the Expedition 73 crew aboard. Liftoff is set for 7:41 a.m. ET from Space Launch Complex 40 at Cape Canaveral Space Force Station, with a backup window available April 12 at 7:18 a.m. ET.
The mission, officially designated NG-24 under NASA’s Commercial Resupply Services program, names its spacecraft the S.S. Steven R. Nagel in honor of the NASA astronaut who flew four Space Shuttle missions and logged over 723 hours in space before his death in 2014. Unlike SpaceX’s own Dragon capsule, which docks autonomously, Cygnus relies on NASA astronauts to capture it using a robotic arm before it is berthed to the space station’s module for unloading. When the mission wraps up around October, the Cygnus will depart loaded with station trash and burn up on reentry.
Countdown: America is going back to the Moon and SpaceX holds the key to what comes after
This is the second flight of the Cygnus XL configuration, which debuted on NG-23 in September 2025 and offers a roughly 20% increase in cargo capacity over the previous design. Northrop Grumman switched to Falcon 9 launches after its own Antares 230+ rocket was retired in 2023 following supply chain disruptions from the war in Ukraine.
The upcoming cargo includes a new module to advance quantum research, and an investigation studying blood stem cell production in microgravity with potential therapeutic applications on Earth.
The NG-24 mission is one piece of a much larger picture for SpaceX and the U.S. government. As Teslarati reported, SpaceX has become an indispensable launch provider for U.S. national security missions, picking up a $178.5 million Space Force contract in April 2026 to launch missile tracking satellites, while also holding roughly $4 billion in NASA contracts tied to the Artemis lunar program.
At a time when no other American rocket can match the Falcon 9’s combination of reliability, cost, and launch cadence, Saturday’s mission is a straightforward reminder of how much the U.S. government now depends on a single commercial provider to keep its astronauts supplied and its satellites flying.
Elon Musk
Elon Musk’s Terafab project locks up massive new partner
Terafab, first revealed by Musk in March, is a massive joint-venture semiconductor complex planned for the North Campus of Giga Texas in Austin.
Elon Musk’s Terafab project just locked up a massive new partner, just weeks after the new project was announced by Tesla, SpaceX, and xAI, the three companies that will be direct benefactors from it.
In a landmark announcement on April 7, Intel joined Elon Musk’s Terafab project as a key partner alongside Tesla, SpaceX, and xAI. The collaboration focuses on refactoring silicon fabrication technology to deliver ultra-high-performance chips at unprecedented scale.
Intel CEO Lip-Bu Tan hosted Musk at Intel facilities the prior weekend, underscoring the partnership’s momentum with a public handshake.
Intel is proud to join the Terafab project with @SpaceX, @xAI, and @Tesla to help refactor silicon fab technology.
Our ability to design, fabricate, and package ultra-high-performance chips at scale will help accelerate Terafab’s aim to produce 1 TW/year of compute to power… pic.twitter.com/2vUmXn0YhH
— Intel (@intel) April 7, 2026
Terafab, first revealed by Musk in March, is a massive joint-venture semiconductor complex planned for the North Campus of Giga Texas in Austin. Valued at $20–25 billion, it aims to consolidate the entire chip-making pipeline, design, fabrication, memory production, and advanced packaging in a single location. It should eliminate a majority of Tesla’s dependence on third-party chip fab companies.
The facility will manufacture two primary chip types: energy-efficient edge-inference processors optimized for Tesla’s Full Self-Driving (FSD) systems, Cybercab and Robotaxi, and Optimus humanoid robots, and high-power, radiation-hardened variants for SpaceX satellites and xAI’s orbital data centers.
Elon Musk launches TERAFAB: The $25B Tesla-SpaceXAI chip factory that will rewire the AI industry
The project’s audacious goal is to produce 1 terawatt (TW) of annual compute capacity, roughly 50 times current global AI chip output.
Production is expected to begin modestly and scale rapidly, addressing Musk’s warning that chip supply could soon become the biggest constraint on Tesla, SpaceX, and xAI growth. By vertically integrating manufacturing tailored to their exact needs, Terafab eliminates supply-chain bottlenecks and accelerates iteration for AI training, inference at the edge, and space-based computing.
Intel’s participation is strategically vital. The company will contribute expertise in advanced process technology, high-volume fabrication, and packaging to help Terafab achieve its aggressive targets. For Intel, the deal strengthens its foundry business and positions it as a critical U.S. player in the AI hardware race.
For Musk’s ecosystem, it secures domestic, purpose-built silicon at a time when global capacity meets only a fraction of projected demand for hundreds of millions of robots and orbital AI infrastructure.
This is the latest chapter in Intel-Tesla ties. In November 2025, Musk publicly stated at Tesla’s shareholder meeting that partnering with Intel on AI5 chips was “worth having discussions,” amid concerns about TSMC and Samsung capacity.
Exploratory talks followed, with Intel eyeing custom-AI opportunities. The Terafab integration transforms those conversations into concrete collaboration.
The Intel-Terafab alliance carries broader implications. It bolsters U.S. semiconductor sovereignty, drives innovation in cost- and power-efficient AI silicon, and supports Musk’s vision of exponential progress in autonomy, robotics, and space.
As AI compute demand surges, this partnership could reshape the industry, delivering the silicon backbone for a new era of intelligent machines on Earth and beyond.
Elon Musk
Elon Musk calls out $2 trillion SpaceX IPO valuation as ‘BS’
In a swift rebuke on X, Elon Musk dismissed reports claiming SpaceX had confidentially filed for an initial public offering targeting a valuation above $2 trillion, labeling the information as unreliable.
Elon Musk is quick to call out any false information regarding him or his companies on his social media platform, known as X.
A recent report that claimed SpaceX was aiming to go public with an IPO in the coming weeks at a massive valuation of $2 trillion was called out by Musk, who referred to it as “BS.”
In a swift rebuke on X, Elon Musk dismissed reports claiming SpaceX had confidentially filed for an initial public offering targeting a valuation above $2 trillion, labeling the information as unreliable.
The exchange highlights ongoing media speculation about the rocket company’s future and Musk’s frustration with what he views as inaccurate financial reporting. The report came from Bloomberg.
Don’t believe everything you read.
Bloomberg publishes bs.
— Elon Musk (@elonmusk) April 3, 2026
The controversy erupted on April 2, 2026, when influencer Mario Nawfal amplified claims from Bloomberg.
The outlet posted that SpaceX had boosted its IPO target valuation above $2 trillion, describing it as potentially one of the largest public offerings in history. Musk challenged the story.
It echoes past instances where Musk has corrected valuation rumors about his companies, emphasizing that speculation often outpaces reality.
Background context adds nuance.
Earlier reports indicated SpaceX had filed confidential IPO paperwork with the U.S. Securities and Exchange Commission, potentially positioning it for a record-breaking debut that could eclipse Saudi Aramco’s 2019 listing.
Initial estimates pegged a possible valuation north of $1.75 trillion, building on a post-merger figure around $1.25 trillion after SpaceX absorbed xAI. A subsequent Bloomberg update claimed advisers were floating figures above $2 trillion to investors, with the offering potentially raising up to $75 billion.
SpaceX remains a private powerhouse. Its achievements include thousands of Starlink satellites providing global broadband, routine Falcon 9 rocket reusability, and a mission to slash launch costs, along with ambitions for Starship to enable Mars colonization.
The company also benefits from government contracts with NASA and the Department of Defense. A public listing could democratize access for retail investors while subjecting SpaceX to greater scrutiny and quarterly reporting pressures.
Critics of the reports point to the confidential nature of filings, which limits verifiable details. Musk has previously downplayed inflated valuations, once calling an $800 billion figure for SpaceX “too high.”
Supporters argue that hype around mega-IPOs, especially amid the ongoing AI fervor, fuels premature narratives that distract from core technical milestones, such as full Starship reusability and Starlink constellation expansion.
The incident reflects broader tensions in tech finance. Anonymous sourcing in valuation stories can drive market chatter and betting activity, yet it risks misinformation.
Bloomberg defended its reporting through multiple articles citing “people familiar with the matter,” but Musk’s blunt dismissal resonated widely on X, with users piling on to question media reliability.
Whether SpaceX ultimately goes public remains uncertain. Musk has teased an IPO tied to Starlink maturity, but priorities center on engineering breakthroughs over Wall Street timelines. For now, the $2 trillion figure joins a list of rumored milestones that Musk insists should be taken with skepticism.