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SpaceX Crew Dragon astronauts are chasing the space station around Earth

The SpaceX Falcon 9 liftsoff from LC-39A carrying the Crew Dragon and NASA astronauts Bob Behnken and Doug Hurley to International Space Station for the first time. (Credit: Richard Angle for Teslarati)

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The morning of SpaceX’s most prolific launch – the Crew Dragon Demo-2 mission – began with one question on the mind of many, why did the Falcon 9 rocket have just one second, and one second only, to launch NASA astronauts Bob Behnken and Doug Hurley to the International Space Station (ISS)? A simplified answer is orbital mechanics and a carefully planned out 19 hour trip around the planet.

The SpaceX Falcon 9 with Crew Dragon and NASA astronauts Bob Behnken and Doug Hurley pushes through the Earth’s’ atmosphere experiencing a period of maximum aerodynamic pressures called Max Q. (Credit:
Richard Angle for Teslarati)

The launch of the Falcon 9 was a highly anticipated moment, however, it was easily the most familiar part of the Demo-2 mission. Leading up to Demo-2, SpaceX had successfully launched twenty-eight Block 5 Falcon 9 boosters – the same type of booster that the Crew Dragon carrying Behnken and Hurley would launch on. The landing of the Falcon 9 on the autonomous spaceport drone ship in the middle of the Atlantic Ocean was also a familiar process that SpaceX had completed successfully a number of times.

A diagram depicts the launch, separation, and landing sequence of the Falcon 9 booster and Crew Dragon capsule. (Credit: SpaceX/NASA)

Even the Crew Dragon capsule had a launch and mission to the space station under its belt, however, launching astronauts aboard the capsule had yet to be attempted, let alone done successfully. The least familiar part of the mission was what Crew Dragon and its occupants had to achieve once free of the Earth’s gravity well.

Once past launch and separation from the Falcon 9 first stage booster, Crew Dragon would separate from the Falcon 9 second stage, enter an initial orbit, and proceed to spend the next nineteen hours chasing the ISS around the planet. The capsule had to perform a series of burns to lift its orbit high enough to match that of the ISS for autonomous docking nineteen hours later. During the trip, Behnken and Hurley had a series of items to check off prior to initiating their crew sleep aboard Crew Dragon. A few of the items included doffing – or taking off – their SpaceX pressure suits, hosting a brief media opportunity explaining the name “Endeavour” chosen for their capsule as well as the zero-G indicator named “Tremor” chosen to ride along with them and eat their first meal in space.

A diagram describes the different timeline milestones of the Crew Dragon capsule as it completes is trip to the International Space Station. (Credit: SpaceX/NASA)

The Crew Dragon also had a few jobs of its own to complete. Crew and capsule would spend about two hours performing 3 different burns of the sixteen Draco thrusters outfitted all around the Crew Dragon’s outer shell. The first phasing burn was needed to insert it into the correct orbit, followed a little while later by a boost burn to raise the capsule’s orbit even more. And lastly, a close coelliptic burn to flatten out the orbit around the Earth making it more elliptical, rather than circular matching that of the ISS. These three burns were completed while the crew was awake performing any necessary tasks. Two more burns remained to be completed, but those would need to occur much closure to docking with the ISS, one while the crew slept and one just before autonomous docking procedures were set to begin.

A diagram of the different burns of the Draco thrusters that the Crew Dragon capsule would need to perform to match the orbit of the International Space Station. (Credit: SpaceX/NASA)

The fourth burn – a transfer burn – is intended to raise the capsule the final ten meters in orbital space to match that of the ISS. This burn will allow the capsule to begin its final approach toward the station. It will be completed by the SpaceX mission control ground station in Hawthorne, California while the crew sleeps. It will be a gentle burn of the Dracos lasting less than a minute.

The capsule will then burn the Draco thrusters once more for the final coelliptic burn matching its orbit directly with the ISS. At this time, the crew aboard both the Crew Dragon capsule and space station will be awake for a full day of work including the meticulous process of autonomously docking the capsule to the ISS, the opening of the hatch of Crew Dragon, and welcoming Behnken and Hurley aboard the station as members of the Expedition 63 crew.

Crew Dragon is expected to meet up with the ISS nineteen hours after liftoff. Docking with the station is set to occur on Sunday, May 31st around 10:30 am EDT/14:30 UTC. Behnken and Hurley will be welcomed aboard the station during a traditional crew welcoming ceremony that should occur about two hours after docking has been confirmed.

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Tesla tops American-Made Index for sixth-consecutive year

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Credit: Tesla

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.

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.

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Elon Musk

Tesla finally clarifies fatal Texas crash, confirms driver manually overrode acceleration

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Credit: CNBC

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.”

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.

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Investor's Corner

SpaceX makes $20 billion move to optimize its balance sheet

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Credit: SpaceX

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.

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.

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