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SpaceX aims to ship two new Crew Dragon spacecraft to Florida in the next two months
Speaking in an interview with CNN shortly after presenting an update on Starship, SpaceX CEO Elon Musk says that the company’s next two completed Crew Dragon spacecraft are both set to arrive in Florida before the end of the year.
Specifically, Musk estimated that Crew Dragon capsule 03 (C203) and its expendable trunk would be sent from SpaceX’s Hawthorne, CA factory to Cape Canaveral, FL as early as October. Crew Dragon capsule C204 is then expected to follow around one month later, arriving in Florida for preflight preparation as early as November.
Crew Dragon is an upgraded, human-rated follow-up to SpaceX’s highly successful Cargo Dragon, an uncrewed spacecraft that has successfully completed 19 orbital launches since December 2010. Over the course of those missions, Cargo Dragon has delivered almost 40 metric tons of cargo (39.5t, 87,000 lb) to the International Space Station (ISS) under SpaceX’s NASA Commercial Resupply Services 1 (CRS1) contract.
SpaceX executives have stated several times that Cargo Dragon (Dragon 1) and Crew Dragon (Dragon 2) barely have a single shared part between them, but Crew Dragon nevertheless shares the heritage built by its predecessor’s successful career. Like Dragon 1, Dragon 2 is comprised of two main sections – a capsule and a service section (known by SpaceX as a trunk). The capsule is designed to be recovered and reused, while the trunk is detached in orbit to eventually burn up in Earth’s atmosphere.
Same as Cargo Dragon, Crew Dragon’s trunk serves three main purposes aside from its basic structural role, providing power to the spacecraft with a solar array, regulating spacecraft temperature with a built-in radiator, and storing unpressurized cargo bound for the ISS.
Unlike Cargo Dragon, Crew Dragon features a launch abort system (LAS) powered by eight Super Draco engines, nominally capable of carrying astronauts to safety in the event of a Falcon 9 failures at any point during launch. On April 20th, recently flight-proven Crew Dragon capsule C201 suffered a catastrophic explosion as a result of a design flaw in its high-pressure propellant system. Eventually blamed on the use of a leaky, titanium valve in a high-pressure, oxidizer-rich environment, that explosion significantly delayed SpaceX’s Crew Dragon test flight schedule.
Prior to April 20th, SpaceX anticipated launching Crew Dragon’s In-Flight Abort (IFA) test as early as July 2019, followed by the spacecraft’s crewed demonstration launch (Demo-2) in September or October 2019. Capsule C201 was supposed to support the IFA test and its destruction forced SpaceX to reconfigure its spacecraft flight order, reassigning the capsule (C203) originally intended to fly astronauts on Demo-2 to IFA, while the Dragon (C204) meant for SpaceX’s second astronaut launch (known as PCM-1) was reassigned to Demo-2.
As of early September, SpaceX and NASA had nearly completed Crew Dragon’s static fire explosion investigation. The next few Crew Dragon spacecraft could have almost certainly been completed months ago, but SpaceX had to pause their integration to preserve access in the event that significant modifications were needed to recertify the capsules for flight. With the IFA Dragon set to arrive as early as October, SpaceX will have up to one month to prepare for the abort test, currently scheduled to occur no earlier than (NET) November 23rd according to recent FCC applications.
Assuming that Dragon performs flawlessly during the IFA, NASA could give Demo-2 – Crew Dragon’s inaugural astronaut launch – permission to launch as early as Q1 2020.
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President Donald Trump unveiled an upgraded Boeing 747-8 at Joint Base Andrews on June 19, 2026, describing the Qatar-gifted aircraft as an interim Air Force One equipped with advanced communications systems, including Starlink, Elon Musk’s SpaceX satellite internet service.
The plane, valued at around $400 million and modified for presidential use, serves as a bridge until the delayed VC-25B replacements arrive. Trump highlighted its luxury features and new technology during remarks to service members.
Trump stated:
“We have communication equipment up there that nobody’s ever seen before. It’s the highest level and, uh, including Starlink. My friend Elon is going to be very happy, but, uh, Starlink and we have, uh, four or five different sets of double and triple communications like people haven’t seen.”
He added:
“And it represents what can happen with hard work, innovation, and aggressive timelines because we did this quickly and yet there’s never been communication like is on this plane.”
🚨 President Trump confirmed today that the new Air Force One is equipped with Starlink:
“We have communication equipment up there that nobody’s ever seen before, it’s the highest level and including Starlink…my friend Elon is going to be very happy.” pic.twitter.com/IhkDmtr5hL
— TESLARATI (@Teslarati) June 20, 2026
The aircraft features a redesigned red, white, and blue livery and has been outfitted with Starlink satellite connectivity alongside other secure systems.
Trump praised the plane’s uniqueness, calling it among the world’s most luxurious. The gift from Qatar and subsequent modifications have drawn attention, with the jet positioned as a solution for presidential travel. It is expected to support operations, including potential ceremonial roles such as Fourth of July flyovers.
The event marked the formal introduction of the converted jet, which will help maintain capabilities while the primary Air Force One fleet undergoes modernization. Defense observers note the inclusion of commercial satellite technology like Starlink as part of efforts to ensure resilient communications, crucial to keep the country running as the President is in the sky.
President Trump’s comments underscored appreciation for rapid upgrades and innovation in equipping the aircraft. The plane remains a U.S. government asset and is slated for eventual transfer related to presidential library purposes after its service.
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.
President Trump touts new Air Force One with Musk technology
Tesla Cybercab launch is imminent after latest sighting at Giga Texas
