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SpaceX’s ‘In-Flight Abort’ Crew Dragon capsule and Falcon 9 booster arrive in Florida
Approaching its second month between launches, SpaceX Falcon 9 boosters and their associated payloads continue to arrive in Florida in preparation for what will likely be a burst of several orbital launches in the final months of 2019.
On Tuesday, October 1st, local resident Marcos Hicks (@SpaceCoast_Life) and several other locals captured the latest arrival of a Falcon 9 booster in Cape Canaveral, Florida. This delivery comes just two weeks after Andrew Stoltz – another Space Coast local – lucked upon the arrival of a Falcon 9 payload fairing and one week after Arizona locals spotted a Falcon 9 booster heading East through the state.
On September 24th, an iconic and easily recognizable Falcon 9 booster was spotted heading East through Maricopa, Arizona, an extremely common (if not universal) pass-through point for SpaceX’s cross-country booster shipments. More likely than not, the booster spotted arriving in Cape Canaveral on October 1st is the same SpaceX rocket seen in Arizona one week prior, an indication that the Falcon 9 skipped testing in McGregor, Texas and is thus likely flight-proven.
48 hours later, NASA published photos of the arrival from SpaceX and announced that the rocket is, in fact, the flight-proven booster that will support the Crew Dragon’s critical In-Flight Abort test (IFA). SpaceX employees were still in the process of unwrapping the Falcon 9 booster, but enough of its body was visible to reveal soot, the telltale sign of a flight-proven SpaceX rocket. Impressively, the Crew Dragon that will support the spacecraft’s IFA test also apparently arrived in Florida in recent days.
According to NASASpaceflight.com, B1046 – the first Block 5 booster and first thrice-flown SpaceX rocket – is expected to support the critical Crew Dragon test flight. SpaceX CEO Elon Musk has tweeted several times that there is a “high probability” that the booster will be completely destroyed during the suborbital test flight, a necessary sacrifice to prove that Dragon can escape from a failing rocket at any point during launch. SpaceX has a growing fleet of flight-proven boosters with multiple launches under their belts – B1046 will certainly be missed but its ‘retirement’ will impose no burden on the company’s launch manifest.
As stated in a recent FCC filing, Crew Dragon’s IFA test is scheduled to launch no earlier than (NET) November 23rd. The mission will proceed like any other routine Falcon 9 launch for the first 60 or so seconds, but will feature a “simulated orbital second stage” with a fake Merlin Vacuum engine that will almost certainly be smashed to pieces after Crew Dragon departs the rocket. It’s unclear if SpaceX will physically create failure conditions or if Crew Dragon’s abort will be directly triggered, but the spacecraft will ultimately ignite its SuperDraco abort system to speed half a mile away from the booster in just a few seconds.
This will occur during Max Q, the point during launch when the booster is experiencing maximum aerodynamic and thermal stresses, and Crew Dragon’s departure will essentially smash the rocket headfirst into a wall of supersonic air. The upper stage will likely disintegrate almost immediately, a process that will most likely lead to the destruction of the booster, as well.
Crew Dragon’s onboard launch abort system consists of four “powerpacks” composed of two SuperDracos each, equating to eight SuperDraco thrusters capable of producing up to 570 kN (130,000 lbf) of thrust. SpaceX recently highlighted their confidence in the abort thrusters with a brief video that showed off testing and touted an impressive record of successful static fires and overall reliability.
As Teslarati previously reported, the window for the test launch is expected to open no earlier than (NET) November 23rd. With both the booster and spacecraft now in Cape Canaveral, Florida, it is increasingly likely that SpaceX will be able to complete the IFA test before the end of 2019, a milestone that would increase the odds of SpaceX and NASA attempting Crew Dragon’s astronaut launch debut sometime in early 2020.
Aside from Crew Dragon, SpaceX has plans for as many as four internal Starlink launches between now and the new year, potentially placing as many as 240 more high-performance ‘v1.0’ satellites in orbit. Regardless of the specifics of how the schedule actually shakes out, it looks like SpaceX is working hard to end 2019 with a burst of orbital launch activity.
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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
