SpaceX
SpaceX Crew Dragon joins Falcon 9 for last mate before astronaut launch debut
NASA and SpaceX are less than two weeks away from the first crewed mission to launch from U.S. soil in nearly a decade. But there’s still work to do before the craft blasts off towards the International Space Station.
On Friday, May 15, the Crew Dragon spacecraft journeyed from a fueling facility at Cape Canaveral’s Air Force Station to launch pad 39A at NASA’s Kennedy Space Center. Tucked inside the SpaceX hangar, the craft will undergo testing and checkouts before being attached to it Falcon 9 launcher in a few days.
The Dragon was filled up with hypergolic fuel (hydrazine and nitrogen tetroxide), which its built-in escape system and onboard thrusters use to maneuver.
Liftoff is scheduled for May 27 at 4:33 p.m. EDT (2033 UTC). At that time, NASA astronauts Bob Behnken and Doug Hurley will rocket towards space, and synch up with the space station less than 24 hours later. During their time on orbit, the duo will put the Crew Dragon’s systems to the test.
Hurley will get to manually pilot the autonomous spacecraft, ensuring the control systems are working as expected. Then the spacecraft will begin the docking process. But before Dragon can attach itself to the space station, it has to be prepped for launch.
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- The SpaceX Crew Dragon spacecraft arrives at Launch Complex 39A at NASA’s Kennedy Space Center in Florida, transported from the company’s processing facility at Cape Canaveral Air Force Station on Friday, May 15, 2020, in preparation for the Demo-2 flight test with NASA astronauts Robert Behnken and Douglas Hurley to the International Space Station for NASA’s Commercial Crew Program. Crew Dragon will carry Behnken and Hurley atop a SpaceX Falcon 9 rocket, returning crew launches to the space station from U.S. soil for the first time since the Space Shuttle Program ended in 2011. (NASA – Kim Shiflett, 05/15/20)
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- Assigned to support Crew Dragon’s inaugural NASA astronaut launch, Falcon 9 booster B1058 is pictured here at Pad 39A on April 1st, 2020. (SpaceX)
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- Crew Dragon C206 was installed on its trunk by May 1st, one month before launch. (SpaceX)
This week, SpaceX crews will inspect the Dragon’s electrical and mechanical attachments before attaching it to the Falcon 9. Using a massive crane, the crew will hoist the Dragon onto the rocket. The duo will then be loaded onto SpaceX’s transporter and make the trek up to the launch pad.
Hurley and Behnken know this pad well. Both astronauts flew their previous missions after launching from this pad. The crew is set to make the trip to Kennedy this week, arriving on May 20. They’ve been in official mission quarantine since May 13, although the duo has quarantined with each other for several weeks now, with minimal contact with other non-essential staff members.
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Once the Dragon and Falcon are on the launch pad, SpaceX engineers will take some time to inspect and examine the vehicles before putting the Falcon through some routine pre-launch testing, including a fueling run and a static fire test.
The next major hurdle before launch will be a flight readiness review, which will take place on May 21. If that goes as planned, there will be a final launch readiness review on May 25th. In the meantime, after they arrive at the launch site, Behnken and Hurley will undergo some last-minutes training, make sure their spacesuits are fitting correctly, and do a full launch practice run on Saturday, May 23.
According to NASA, there is still a lot of work to be done ahead of the May 27th launch date, but currently, everything is on schedule. Once on station, Behnken and Hurley will stay up to four months on the orbital outpost before returning to Earth.
News
SpaceX just launched a secret payload from California
SpaceX launched a classified Space Force mission from Vandenberg, revealing almost nothing about its payload.
SpaceX launched a classified Falcon 9 mission for the U.S. Space Force from Vandenberg Space Force Base on Saturday night, and the government released almost nothing about what was on board. The mission, designated USSF-366, lifted off from Space Launch Complex 4E with a window that opened at 9:52 p.m. ET and ran into the early hours of Sunday, according to SpaceX’s own mission page, which described the payload only as classified. SpaceX confirmed the launch on its X account and pointed viewers to a livestream that began roughly ten minutes before liftoff.
Watch Falcon 9 launch the USSF-366 mission from pad 4E in California https://t.co/FFEzeYOds1
— SpaceX (@SpaceX) August 16, 2026
The lack of detail did not stop analysts from filling in the blanks. Independent tracking of the rocket’s stage drop zones matched the pattern SpaceX has used on previous Starlink Group 15 missions, according to reporting from Outer Space Today, which pointed to Starshield as the likely payload rather than a one off government satellite. Starshield is SpaceX’s national security product, a version of the Starlink satellite bus built to Pentagon specifications for earth observation, communications and hosted payloads. Unlike consumer Starlink, government agencies do not have to disclose what Starshield satellites are actually doing once they reach orbit.
USSF-366 is the latest entry in a steady flow of classified and semi classified work between SpaceX and the Space Force. The company picked up a $178.5 million task order in April to launch missile tracking satellites for the Space Development Agency, as Teslarati reported at the time, and followed that in July with a $1.6 billion award covering 18 more Falcon 9 missions from Vandenberg through the end of 2027, also detailed by Teslarati. Add those contracts up and SpaceX’s Pentagon business for 2026 alone tops $8 billion.
SpaceX scores another massive Pentagon deal to support military satellites
The Falcon 9 that flew Saturday landed back near the launch site, producing the sonic booms that have become routine for residents near Vandenberg. What is less routine is how little the public will likely ever learn about what the rocket carried. SpaceX and the Space Force have not confirmed the Starshield connection, and government satellite programs built on commercial buses rarely get identified beyond a mission number and a general orbit. For a company that live streams almost everything else it does, from Starship test flights to Optimus robot demos, USSF-366 is a reminder that some of SpaceX’s busiest work now happens entirely out of public view.
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Elon Musk
SpaceX’s next trillion dollar bet has nothing to do with rockets, Musk tells staff
Elon Musk told SpaceX staff AI revenue will soon dwarf rockets and Starlink combined entirely.
Elon Musk told SpaceX employees this week that artificial intelligence, not rockets, will soon carry the company’s revenue. In a roughly 29 minute internal address posted on SpaceX’s X account on Tuesday, Musk said AI revenue will pass every other line of business at SpaceX “probably in September” and pull further ahead by the fourth quarter.
The numbers he gave are specific. SpaceX currently runs 1.4 gigawatts of AI compute capacity. Musk wants that at 10 gigawatts by the end of 2027, a jump he tied directly to revenue: “if we bring 10GW of AI online by the end of next year, it will be $300 billion to $500 billion a year in revenue.” He called those “big numbers,” which undersells a projection larger than what most countries produce in a year.
We made rockets reusable and are rebuilding the internet in space. The next challenge: making life multiplanetary and understanding the true nature of the universe
Watch @ElonMusk deliver a company update to @SpaceX employees pic.twitter.com/5c8rxoCQfu
— SpaceX (@SpaceX) August 11, 2026
Musk went further on where AI fits into SpaceX’s future. “Probably in four or five years, AI will be 99% of the value of SpaceX,” he told staff, adding that digital intelligence would eventually run “a trillion times” ahead of biological intelligence as computing scales. He tied that growth to the company’s founding mission, telling employees “we must win on AI, because the future is overwhelmingly AI and robots,” with the payoff meant to help fund Starship and a Mars program that increasingly runs through Terafab, the joint Tesla, SpaceX and xAI chip plant.
Elon Musk launches TERAFAB: The $25B Tesla-SpaceXAI chip factory that will rewire the AI industry
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None of this is entirely new territory. SpaceX told investors much the same story during its first earnings call as a public company on August 4, where Musk moved the company’s $1 trillion revenue target up a year to 2030 and said Starlink could someday carry a majority of the world’s internet. What the all hands video adds is a hard deadline and a specific power figure Musk had not given publicly before, along with a franker pitch to his own workforce that AI, not launch cadence, is now the thing SpaceX is betting its future on.
The AI revenue itself is not coming from SpaceX training its own models. It is largely Starlink acting as the network layer for xAI’s workloads, plus SpaceX renting out compute capacity directly, the same approach behind the roughly $16 billion the company spent on AI infrastructure in a single quarter.
Musk closed the video with a pitch aimed at recruiting and retention rather than investors, telling employees that anyone who helps SpaceX win the AI race will eventually get the chance to go to the moon or Mars themselves. Whether SpaceX can turn 1.4 gigawatts into 10 in seventeen months is the more immediate question, and one that will show up in quarterly numbers well before anyone leaves Earth.
SpaceX’s massive investment in AI will make it a big winner, Argus Research said after the company’s successful earnings call last week.
The firm also upgraded shares to a Buy from Hold and set a $160 price target.
SpaceX (NASDAQ: SPCX) is currently recovering from its heavy AI infrastructure investments, as it spent nearly $16 billion in Q2 alone. The company did this primarily by monetizing high-demand GPU compute capacity at a much faster pace than traditional data center economics would suggest.
Company CFO Bret Johnsen said that SpaceX would be able to pay back anything on new deployments within a year.
There are plenty of ways the company can do this:
Leasing excess compute capacity through contracts
SpaceX has already built Colossus and Colossus II, largely for its own model training. However, much of that capacity is already rented out to third parties. It already has major deals with Anthropic, Google, and Reflection AI. These partnerships are adding billions per month to SpaceX’s spreadsheet.
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High utilization driven by industry-wide scarcity
The demand for advanced AI training and inference capacity continues to exceed what is available for use. SpaceX can fill new racks quickly after they come online, so the capital deployed converts into revenue with minimal idle time.
Additionally, management and outside observers have described the new compute capital as behaving more like a cost-of-goods-sold than traditional multi-year capex, especially because of this rapid monetization pattern.
Capacity has already scaled from ~0.4 GW a year to 1.4 GW annually by the end of Q2. There are targets of more than 2 GW by year-end.
High incremental margins on the rental business once capacity is online
GPU cloud providers often operate at strong gross margins. SpaceX can monetize capacity that was already partially built or can be added efficiently. This means that incremental EBITDA margins on the rental revenue are usually high. This accelerates cash recovery relative to the gross capital outlay.
Parallel monetization of its own AI software and applications
Beyond pure infrastructure rental, SpaceX also generates revenue from Grok through subscriptions and usage, from X through ads, data, and other related services, enterprise APIs, and the planned integration of the Cursor coding tools acquisition.
These application layers ride on the same compute infrastructure and provide additional high-margin streams that could offset build-out costs. AI-segment revenue overall rose sharply to about $2.6 billion in Q2, according to Motley Fool. This was driven primarily by the infrastructure contracts, but the software side is also partially responsible.
Efficient, large-scale deployment and vertical integration advantages
SpaceX has emphasized the rapid construction of power and cooling infrastructure and favorable cost-per-megawatt economics relative to industry benchmarks in some disclosures.
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Combined with its ability to scale capacity aggressively and the fact that many contracts start generating revenue within months of capacity coming online, the effective payback compresses dramatically compared with more conventional multi-year data-center projects.
SpaceX’s dominant near-term recovery path will turn the AI clusters into a hyperscale-style compute rental business for other leading AI companies while still using a portion for internal models.
SpaceX just launched a secret payload from California
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