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SpaceX Crew Dragon In-Flight Abort test gets its first firm launch date
The day after questions arose around the targeted launch date of SpaceX’s Crew Dragon In-Flight Abort test (IFA), SpaceX and NASA have officially set the date for the spacecraft’s next major flight test.
On Friday, December 6th, a NASA Commercial Crew Program blog post confirmed a NET date of Saturday, January 4th, 2020 for the IFA test. The IFA test is one of the most notable final steps to be completed by the Crew Dragon capsule prior to supporting crewed astronaut flight to the International Space Station in 2020 as a part of NASA’s Commercial Crew Program.
Following an apparent incorrect statement made during SpaceX’s CRS-19 webcast that identified a February 2020 target date of the IFA test, SpaceX provided re-assurance that teams were very much still working toward a NET December launch date.
A January 4th date falls just short of SpaceX’s December goal but it still comes as little surprise. In addition to this week’s CRS-19 launch, SpaceX aims to support two more launches prior to year’s end – an internal mission to launch 60 more Starlink satellites and the launch of the JCSAT 18/Kacific 1 communications satellite for customers SKY Perfect JSAT Corp. of Japan and Kacific Broadband Satellites of Singapore. While completing four Falcon 9 launches and landings in a period of less than four weeks is certainly possible for SpaceX, it was rather ambitious, especially given that Crew Dragon’s abort test is almost certainly the company’s preeminent priority.
The targeted January launch date now encroaches into the first quarter of 2020, which SpaceX has adamantly stated is also the goal for Crew Dragon’s first NASA astronaut launch, known as Demo-2. With the IFA test now NET January 4th, it will be a major challenge for NASA and SpaceX to turn around and prepare Crew Dragon and Falcon 9 for Demo-2 just 4-12 weeks later. Of note, Boeing is preparing its own Starliner spacecraft for an uncrewed launch test NET December 20th and has also claimed that it wants to launch a crewed flight test (CFT, akin to SpaceX Demo-2) as early as February 2020, same as SpaceX.
It’s extremely unlikely that NASA will be able to preserve both of those schedules given the Commercial Crew Program’s fixed workforce and the vast quantity of paperwork it must complete before the agency can give the go-ahead for SpaceX and Boeing astronaut launches.
Unsurprisingly, the blog post confirmed that the IFA test would launch from Kennedy Space Center Launch Complex 39A (LC-39A). Pad 39A is the same facility that previously supported Crew Dragon’s March 2019 Demo-1 launch debut and is the only pad SpaceX intends to launch Crew Dragon from.
Interestingly, Pad 39A is also an active construction site – SpaceX is in the midst of building a new launch mount and modifying existing facilities to support future launches of SpaceX’s next-generation Starship vehicle. Construction has been underway for a few months and is situated directly beside Falcon 9 and Falcon Heavy’s exiting launch mount.
Although that construction will not be allowed to interfere with Crew Dragon launch activity, including the IFA test, construction on the Starship mount will likely be impacted. Construction crews will undoubtedly be expected to evacuate the area surrounding the launchpad during any Falcon 9 static fire test or launch, likely translating to a few days to a few weeks of downtime depending on how SpaceX handles the scheduling.
As 2019 comes to a close, SpaceX remains determined to launch Crew Dragon’s IFA test as quickly as is safely possible. If all goes perfectly during the upcoming abort test, SpaceX says it is seriously targeting Crew Dragon’s biggest test yet – its inaugural astronaut launch – less than two months later in February 2020. It should go without saying that that schedule is incredibly ambitious and highly liable to slip in March or Q2, but if the ambition is there, SpaceX believes it is technically possible.
For now, we have less than a month to wait for Crew Dragon’s next launch milestone and perhaps just 2-3 weeks before the spacecraft and its Falcon 9 rocket roll out to Pad 39A to prepare for a routine static fire test.
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
ARK’s SpaceX IPO Guide makes a compelling case on why $1.75T may not be the ceiling
ARK Invest breaks down six reasons SpaceX’s $1.75 trillion IPO valuation may be justified.
ARK Invest, which holds SpaceX as its largest Venture Fund position at 17% of net assets, has published a detailed investor guide to why a SpaceX IPO may be grounded in a $1.75 trillion target valuation.
The financial case starts with Starlink, SpaceX’s satellite internet constellation, which has surpassed 10 million active subscribers globally as of early 2026, with 2026 revenue projected to exceed $20 billion. ARK’s research puts the total satellite connectivity market opportunity at roughly $160 billion annually at scale, and Starlink is adding customers faster than any telecom network in history. That growth alone would justify a substantial valuation.
Additionally, ARK notes that SpaceX has reduced the cost per kilogram to orbit from roughly $15,600 in 2008 to under $1,000 today through reusable Falcon 9 hardware. A fully operational Starship targeting sub-$100 per kilogram would represent a significant cost decline and open markets that do not currently exist. SpaceX executed a staggering 165 missions in 2025 and now accounts for approximately 85% of all global orbital launches. That infrastructure position took decades to build and would be nearly impossible to replicate at comparable cost.
SpaceX officially acquires xAI, merging rockets with AI expertise
The February 2026 merger with xAI added a layer to the valuation that straightforward financial models struggle to capture. ARK argues that at sub-$100 launch costs, orbital data centers could deliver compute roughly 25% cheaper than ground-based alternatives, without power grid delays, permitting friction, or land constraints. Musk has stated a goal of deploying 100 gigawatts of AI computing capacity per year from orbit.
The $1.75 trillion figure itself is not a conventional earnings multiple. At roughly 95x trailing revenue, it prices in Starlink’s adoption curve, Starship’s cost trajectory, and the orbital compute thesis together. The public S-1 prospectus, due at least 15 days before the June roadshow, will give investors their first complete look at the financials to test those assumptions. ARK’s position is that the track record earns the benefit of the doubt. Fully reusable rockets were considered unrealistic for years. Starlink was considered financially unviable. Both happened on timelines that surprised skeptics.
Elon Musk
Ford CEO Farley says Tesla is not who to look at for EV expertise
Interestingly, Farley has been one of the most hellbent CEOs in terms of a legacy automaker standpoint to push the EV effort. It did not go according to plan, as Ford took a $19.5 billion charge and retreated from its EV push in late 2025.
Ford CEO Jim Farley said in a recent podcast interview that Tesla is not who Americans should look at to beat Chinese carmakers.
The comments have sparked quite a bit of outrage from Tesla fans on X, the social media platform owned by Elon Musk.
Farley said that Chinese automakers are better examples of how to beat competitors. He said (via the Rapid Response Podcast):
“If you’re an American and you want us to beat the Chinese in the car business, you’re all going to want to pay attention, not necessarily to Tesla. Nothing against Tesla—they’ve been doing great—but they really don’t have an updated vehicle. The best in the business for us, cost-wise and competition-wise, supply chain, manufacturing expertise, and the I.P. in the vehicle, was really BYD. In this next cycle of EV customers in the U.S., they want pickups and utilities and all these different body styles. But they want them at $30,000, not $50,000. Like the first inning, they want them affordably.”
Despite Farley’s synopsis, it is worth mentioning that Tesla had the best-selling passenger vehicle in the world last year, and in China in March, as the Model Y continued its global dominance over other vehicles.
Musk responded to Farley’s comments by stating:
“This is before Supervised FSD is approved in China. Limiting factor is production output in Shanghai.”
This is before supervised FSD is approved in China. Limiting factor is production output in Shanghai.
— Elon Musk (@elonmusk) April 19, 2026
Interestingly, Farley has been one of the most hellbent CEOs in terms of a legacy automaker standpoint to push the EV effort. It did not go according to plan, as Ford took a $19.5 billion charge and retreated from its EV push in late 2025.
Ford cancels all-electric F-150 Lightning, announces $19.5 billion in charges
Instead, Ford is “doubling down on its affordable” EVs and said it would pivot from its previous plans.
Reaction from Tesla fans was pretty much how you would expect. Many said they have lost a lot of respect for Farley after his comments; others believe he is the last CEO anyone should be taking advice on EVs from.
Nevertheless, Farley’s plans are bold and brash; many consider Tesla the most ideal company to replicate EV efforts from. It will be interesting to see if Ford can rebound from this big adjustment, and hopefully, Farley’s plans to replicate efforts from BYD work out the way he hopes.
Elon Musk
SpaceX wins its first MARS contract but it comes with a catch
NASA awarded SpaceX a $175 million Mars rover contract while the White House proposes cutting the mission.
NASA just signed a $175.7 million contract with SpaceX to launch a Mars rover that the White House is simultaneously trying to defund. The contract, awarded on April 16, 2026, tasks SpaceX’s Falcon Heavy with launching the European Space Agency’s (ESA) Rosalind Franklin rover from Kennedy Space Center in Florida, no earlier than late 2028. It would mark the first time SpaceX has ever sent a payload to Mars.
Under NASA’s Rosalind Franklin Support and Augmentation project, known as ROSA, the agency is providing braking engines for the rover’s descent stage, radioisotope heater units that use decaying plutonium to keep the rover warm on the Martian surface, additional electronics, and a mass spectrometer instrument, as noted by SpaceNews.
Those nuclear heating units are the reason an American rocket was required at all. U.S. export controls on radioisotope technology mean any payload carrying them must launch on a domestic vehicle, which narrowed the field to SpaceX and United Launch Alliance. Falcon Heavy’s pricing made it the practical choice.
SpaceX is quietly becoming the U.S. Military’s only reliable rocket
Falcon Heavy debuted in February 2018 and has 11 launches to its record. The rocket has not flown since October 2024, when it sent NASA’s Europa Clipper toward Jupiter. The three-core design, built from modified Falcon 9 first stages, gives it the lift capacity needed for deep space planetary missions that a single Falcon 9 cannot reach.
The Rosalind Franklin rover has been sitting in storage in Europe for years. It was originally due to launch in 2022 as a joint mission with Russia, but Russia’s invasion of Ukraine ended that partnership, leaving the rover built but stranded without a launch vehicle or landing hardware. NASA stepped back in through a 2024 agreement with ESA to rescue the mission. The rover is designed to drill up to two meters below the Martian surface in search of evidence of past life, a science objective no previous mission has attempted at that depth.
The contradiction at the center of this story is hard to ignore. The White House’s fiscal year 2027 budget proposal included no funding for ROSA and did not mention the mission at all in the detailed congressional justification document released April 3.
Musk has long argued that reaching Mars is not optional. “We don’t want to be one of those single planet species, we want to be a multi-planet species.” Whether this particular mission survives Washington’s budget fight, the Falcon Heavy contract means SpaceX is now formally on record as the rocket that could get humanity’s next Mars science mission off the ground.
The timing of this contract carries extra weight given that SpaceX filed confidentially with the SEC in early April and is targeting an IPO roadshow in the week of June 8. It would be the largest public offering in history.
ARK’s SpaceX IPO Guide makes a compelling case on why $1.75T may not be the ceiling
Ford CEO Farley says Tesla is not who to look at for EV expertise
