News
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.
Check out Teslarati’s newsletters for prompt updates, on-the-ground perspectives, and unique glimpses of SpaceX’s rocket launch and recovery processes.
Elon Musk
Tesla finally clarifies fatal Texas crash, confirms driver manually overrode acceleration
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.”
Yup. In this case, the driver manually overrode self-driving by pressing the accelerator all the way to 100% of the accel pedal in this residential area. They reached a speed of 73 mph during the crash, and had the accelerator pressed even after the crash.
— Ashok Elluswamy (@aelluswamy) June 22, 2026
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.
Investor's Corner
SpaceX makes $20 billion move to optimize its balance sheet
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.
🚨 SpaceX has announced its inaugural offering of senior unsecured notes.
The net proceeds will be used to repay outstanding loans under its bridge loan facility in full.
This inaugural debt offering represents a financing milestone for SpaceX, which previously depended… pic.twitter.com/pcOZuVbTRv
— TESLARATI (@Teslarati) June 22, 2026
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.
Elon Musk
SpaceX confirms third massive compute deal at Colossus data center
SpaceX confirmed today that it has officially signed its third massive compute deal, providing compute at its Colossus data center in Southaven, Tennessee.
Reflection AI will gain immediate access to NVIDIA GB300 chips at SpaceX’s Colossus 2 data center. In return, Reflection will pay SpaceX $150 million per month starting on July 1, with total payments reaching approximately $6.3 billion if the contract runs through its duration, which is until 2029. Either party can terminate the agreement with 90 days’ notice after the initial three-month period.
CNBC first reported the deal.
🚨 SpaceXAI has agreed to a new compute deal with Reflection AI.
Reflection gets access to NIVIDIA GB300s, and will pay $150M per month to SpaceXAI for the compute. pic.twitter.com/bNPare8U5u
— TESLARATI (@Teslarati) June 22, 2026
This latest partnership highlights SpaceX’s strategy of commercializing its massive Colossus supercomputing infrastructure, originally developed to power Elon Musk’s Grok AI models. The company has rapidly expanded its customer base in the AI sector following its February 2026 merger with xAI, a transaction that valued the combined entity at $1.25 trillion.
SpaceX has previously signed significant compute deals with other major players.
It granted Anthropic exclusive access to the full capacity of its Colossus 1 data center, which exceeds 300 megawatts and includes over 220,000 NVIDIA GPUs. Details from SpaceX’s IPO filings indicate Anthropic will pay $1.25 billion per month through May 2029, potentially generating around $45 billion over the term of the deal.
Additionally, Google agreed to pay SpaceX $920 million per month for compute capacity from October 2026 through June 2029. This 32-month period will provide Google access to roughly 110,000 NVIDIA GPUs, along with supporting processors and memory. Capacity ramps up through September at a reduced fee, with termination options after the first year.
SpaceXA also established arrangements for computing power with Cursor, an AI coding startup. SpaceX acquired them in a $60 billion all-stock deal.
These arrangements position SpaceX’s collective position as an AI infrastructure powerhouse with high-margin revenue potential. The Google deal alone could generate nearly $29.5 billion over its term, while the Reflection contract adds another $6.3 billion.
Combined with the Anthropic arrangement, SpaceX stands to realize tens of billions in revenue from compute leasing in the coming years, which diversifies beyond SpaceX’s traditional rocket launches and Starlink operation.
The deals underscore growing demand for advanced AI training and inference capacity amid chip shortages and surging model development needs. Reflection, valued at $25 billion and focused on “American open intelligence” with government and national security ties, cited recent restrictions on closed models as validation for open-source approaches.
For SpaceX, the partnerships transform capital-intensive data centers into flexible revenue sources while supporting its broader AI ambitions after the company has gone public.