SpaceX
NASA and SpaceX will determine fate of Crew Dragon launch debut this Friday
Although the chances of additional delays are high, the orbital launch debut of SpaceX’s Crew Dragon spacecraft remains stoically targeted for 2:47 am EDT (07:47 UTC) on March 2nd, less than ten days from today.
Known as DM-1, the unproven SpaceX vehicle’s autonomous demonstration mission is a critical milestone along the road to assured US access to the International Space Station (ISS), without which NASA will be forced to continue procuring seats on Russian Soyuz missions with aggressively inflated price tags. If everything goes exactly as planned, a successful DM-1 could translate into the company’s first crewed launch as early as July 2019.
Targeting March 2 for Crew Dragon's first flight to the @Space_Station https://t.co/oJRtDhV3aL pic.twitter.com/lLw1FJHLvI
— SpaceX (@SpaceX) February 6, 2019
Following a nominal mission plan, the first spaceworthy Crew Dragon will dock with the ISS a little over 24 hours after launch (March 3rd) with around 180 kg (400 lb) of cargo for the station’s six-astronaut crew. Five days later (March 8th), Crew Dragon will depart from the ISS, detach its expendable trunk, and reenter Earth’s atmosphere for a soft landing in the Atlantic Ocean. Throughout these operations, ISS astronauts, NASA technicians and operators, and a range of SpaceX employees will conduct extensive observations and tests of the new spacecraft’s performance during all mission phases, ranging from on-orbit docking (a new technology for SpaceX) to Atlantic Ocean recovery operations.
Once the capsule has been extricated from the ocean, SpaceX’s spacecraft refurbishment technicians will be faced with an extraordinary challenge, upon which the date of Crew Dragon’s first crewed launch will directly hinge. Assuming splashdown ops are nominal and Dragon is returned safely to Florida, it’s safe to assume that SpaceX will transport the spacecraft to its Hawthorne factory, at which point its engineers and technicians will have roughly two months to prepare it for another launch. Known as an in-flight abort (IFA) test, SpaceX specifically opted to perform the spacecraft safety check despite the fact that NASA did not explicitly require its commercial providers (Boeing and SpaceX) to do so. SpaceX completed Crew Dragon’s pad abort test – required by NASA – almost four years ago, while Boeing will not perform an in-flight abort before launching astronauts and has its pad abort scheduled no earlier than (NET) May 2019.
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- Falcon 9 B1051 has spent several months testing at SpaceX’s McGregor, Texas facilities in preparation for DM-1. (SpaceX)
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- The first orbit-ready Crew Dragon spacecraft stands beside its human-rated Falcon 9, December 2018. (SpaceX)
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- Crew Dragon shows off its conformal (i.e. curved) solar array while connected to SpaceX’s sleek Crew Access Arm (CAA). (SpaceX)
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- SpaceX completed a successful static fire of the first Falcon 9 rated for human flight on January 24th. (SpaceX)
SpaceX’s IFA test is designed to verify that Crew Dragon is capable of safely extricating its astronaut passengers from a failing rocket at the point of peak aerodynamic (and thus mechanical) stress during launch, known as Max Q. Combined with a pad abort demonstration, where the above situation is replicated but with the rocket and spacecraft motionless on the launch pad, the engineering assumption is that successful aborts at both standstill and Max Q verify that a given spacecraft has proven that it can essentially abort and carry astronauts to safety at any point during launch.
“The launch scenario where an abort is initiated during the ascent trajectory at the maximum dynamic pressure (known as max Q) is a design driver for the launch abort system. It dictates the highest thrust and minimum relative acceleration required between Falcon 9 and the aborting Dragon … Dragon would separate from Falcon 9 at the interface between the trunk and the second stage… Under these conditions, the Falcon 9 vehicle would become uncontrollable and would break apart.” – SpaceX FAA permit, 2018
Aside from a boilerplate Merlin Vacuum engine on the second stage, SpaceX’s IFA test is set to fly on real Falcon 9 hardware that will almost certainly be consigned to total destruction at the point of abort, around 90 seconds after launch. SpaceX’s decision to expend an entirely flightworthy Falcon 9 Block 5 rocket – featuring a booster capable of supporting anywhere from 5-100 lifetime missions – is a tangible demonstration of the company’s commitment to crew safety above all else, although NASA will either partially or fully compensate SpaceX for the milestone. Set to occur no earlier than June 2019, the IFA schedule is explicitly constrained by the successful launch and recovery of Crew Dragon after DM-1 – any delays to that mission will likely translate into IFA delays, which will translate into delays for the first crewed mission (DM-2).
SpaceX’s Cargo Dragon engineers and technicians have a solid amount of experience refurbishing the spacecraft for cargo missions to the ISS, although the average turnaround for flight-proven capsules currently stands around 18-24 months, not exactly on the heels of the 2-3 months currently alotted for the first Crew Dragon. Thanks to the fact that the IFA Crew Dragon does not need to be refurbished to the standards of orbital flight for its second launch, it’s at least conceivable that that aspirational schedule is within reach. SpaceX’s first crewed demonstration mission (DM-2) could occur as early as one month after a successful IFA (July 2019), pending the completion of joint NASA-SpaceX readiness reviews.
Known as flight readiness reviews (FRRs), those joint reviews are no less significant for DM-1, even if they likely are underwhelmingly marked by a copious amount of slideshow presentations and sitting around tables in meeting rooms. The purpose of the reviews (at least nominally) is to essentially have SpaceX attempt to convince NASA (as empirically as possible) that they are ready to launch Crew Dragon. According to NASA, that review will end NET 6pm EDT (23:00 UTC) on February 22nd, followed one hour later by an official press conference featuring NASA and SpaceX officials.
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Elon Musk
Elon Musk calls out $2 trillion SpaceX IPO valuation as ‘BS’
In a swift rebuke on X, Elon Musk dismissed reports claiming SpaceX had confidentially filed for an initial public offering targeting a valuation above $2 trillion, labeling the information as unreliable.
Elon Musk is quick to call out any false information regarding him or his companies on his social media platform, known as X.
A recent report that claimed SpaceX was aiming to go public with an IPO in the coming weeks at a massive valuation of $2 trillion was called out by Musk, who referred to it as “BS.”
In a swift rebuke on X, Elon Musk dismissed reports claiming SpaceX had confidentially filed for an initial public offering targeting a valuation above $2 trillion, labeling the information as unreliable.
The exchange highlights ongoing media speculation about the rocket company’s future and Musk’s frustration with what he views as inaccurate financial reporting. The report came from Bloomberg.
Don’t believe everything you read.
Bloomberg publishes bs.
— Elon Musk (@elonmusk) April 3, 2026
The controversy erupted on April 2, 2026, when influencer Mario Nawfal amplified claims from Bloomberg.
The outlet posted that SpaceX had boosted its IPO target valuation above $2 trillion, describing it as potentially one of the largest public offerings in history. Musk challenged the story.
It echoes past instances where Musk has corrected valuation rumors about his companies, emphasizing that speculation often outpaces reality.
Background context adds nuance.
Earlier reports indicated SpaceX had filed confidential IPO paperwork with the U.S. Securities and Exchange Commission, potentially positioning it for a record-breaking debut that could eclipse Saudi Aramco’s 2019 listing.
Initial estimates pegged a possible valuation north of $1.75 trillion, building on a post-merger figure around $1.25 trillion after SpaceX absorbed xAI. A subsequent Bloomberg update claimed advisers were floating figures above $2 trillion to investors, with the offering potentially raising up to $75 billion.
SpaceX remains a private powerhouse. Its achievements include thousands of Starlink satellites providing global broadband, routine Falcon 9 rocket reusability, and a mission to slash launch costs, along with ambitions for Starship to enable Mars colonization.
The company also benefits from government contracts with NASA and the Department of Defense. A public listing could democratize access for retail investors while subjecting SpaceX to greater scrutiny and quarterly reporting pressures.
Critics of the reports point to the confidential nature of filings, which limits verifiable details. Musk has previously downplayed inflated valuations, once calling an $800 billion figure for SpaceX “too high.”
Supporters argue that hype around mega-IPOs, especially amid the ongoing AI fervor, fuels premature narratives that distract from core technical milestones, such as full Starship reusability and Starlink constellation expansion.
The incident reflects broader tensions in tech finance. Anonymous sourcing in valuation stories can drive market chatter and betting activity, yet it risks misinformation.
Bloomberg defended its reporting through multiple articles citing “people familiar with the matter,” but Musk’s blunt dismissal resonated widely on X, with users piling on to question media reliability.
Whether SpaceX ultimately goes public remains uncertain. Musk has teased an IPO tied to Starlink maturity, but priorities center on engineering breakthroughs over Wall Street timelines. For now, the $2 trillion figure joins a list of rumored milestones that Musk insists should be taken with skepticism.
Elon Musk
Elon Musk reveals date of SpaceX Starship v3’s maiden voyage
The announcement arrives after Flight 11 on October 13 of last year, which concluded a busy 2025 testing campaign. Since then, SpaceX has focused on ground testing, including cryoproofing of Ship 39 and preparations for Booster 19, the first V3 Super Heavy.
SpaceX CEO Elon Musk has revealed the timeline for the next Starship launch. It will be the first launch using SpaceX’s revamped design for Starship, as its v3 rocket will take its maiden voyage sooner than many might expect.
Musk announced on April 3 on X that the next Starship flight test, and the first flight of the upgraded v3 ship and booster, is 4 to 6 weeks away. The update signals the end of a nearly six-month hiatus since the program’s last launch.
Elon says the first V3 Starship launch will occur in 4-6 weeks
It will be the first Starship launch since Flight 11 on October 13, 2025 https://t.co/QnnYPTdbUu
— TESLARATI (@Teslarati) April 3, 2026
The upcoming mission, designated as Starship’s 12 integrated flight test (IFT-12), marks a significant milestone. It will be the debut of the v3 configuration, featuring a taller Super Heavy Booster and Starship upper stage. The changes SpaceX has made with the v3 rocket and booster are an increased propellant capacity and the more powerful Raptor 3 engines.
Earlier predictions from Musk in March had pointed to an April timeframe, but the latest timeline now targets a launch window in early to mid-May 2026.
The V3 iteration represents a substantial evolution from previous Starship prototypes. Engineers have optimized the design for improved manufacturability, higher thrust, and greater efficiency. Raptor 3 engines deliver significantly more power while reducing weight and production costs compared to earlier variants.
With these enhancements, SpaceX aims to boost payload capacity toward 200 metric tons to low Earth orbit in a fully reusable configuration — a dramatic leap from the roughly 35-ton target of prior versions. Such capabilities are critical for ambitious goals, including NASA’s Artemis lunar missions and eventual crewed flights to Mars.
The announcement arrives after Flight 11 on October 13 of last year, which concluded a busy 2025 testing campaign. Since then, SpaceX has focused on ground testing, including cryoproofing of Ship 39 and preparations for Booster 19, the first V3 Super Heavy.
Recent activities have involved static fires, activation of the new Pad 2 at Starbase in Boca Chica, Texas, and integration of Raptor 3 engines.
A prior incident with an early V3 booster on the test stand in late 2025 contributed to the delay, necessitating additional assembly and qualification work.
Musk’s timeline updates have become a hallmark of the Starship program, often described with characteristic optimism.
SpaceX’s Starship V3 is almost ready and it will change space travel forever
While past targets have occasionally shifted by weeks, the rapid iteration pace remains impressive. However, don’t be surprised if this timeline shifts again, as Musk has been overly optimistic in the past with not only launches, but products under his other companies, too.
SpaceX continues to refine launch infrastructure, including new propellant loading systems and tower mechanisms designed to support higher cadence operations. A successful V3 flight could pave the way for more frequent tests, tower catches of both booster and ship, and progression toward operational reusability.
The v3 debut is viewed as a transition point for Starship, moving beyond experimental flights toward a system capable of supporting large-scale deployment of Starlink satellites, lunar landers, and interplanetary transport.
Success on IFT-12 would demonstrate not only the new hardware’s performance but also SpaceX’s ability to recover from setbacks and maintain momentum.
As the 4-to-6-week countdown begins, anticipation builds at Starbase. Teams are finalizing vehicle stacking, conducting final pre-flight checks, and preparing for regulatory approvals. The world will be watching to see if Starship V3 can deliver on its promise of transforming humanity’s access to space.
Elon Musk
SpaceX to launch military missile tracking satellites through new Space Force contract
SpaceX wins a $178.5M Space Force contract to launch missile tracking satellites starting in 2027.
The U.S. Space Force awarded SpaceX a $178.5 million task order on April 1, 2026 to launch missile tracking satellites for the Space Development Agency. The contract, designated SDA-4, covers two Falcon 9 launches beginning in Q3 2027, one from Cape Canaveral Space Force Station in Florida and one from Vandenberg Space Force Base in California. The satellites, built by Sierra Space, are designed to bolster the nation’s ability to detect and track missile threats from orbit.
The award falls under the National Security Space Launch Phase 3 Lane 1 program, which Space Force uses to move payloads to orbit on faster timelines and at more competitive prices. “Our Lane 1 contract affords us the flexibility to deliver satellites for our customers, like SDA, more easily and faster than ever before to all the orbits our satellites need to reach,” said Col. Matt Flahive, SSC’s system program director for Launch Acquisition, in the official press release.
SpaceX is quietly becoming the U.S. Military’s only reliable rocket
The SDA-4 contract is the latest in a long string of national security wins for SpaceX. As Teslarati reported last month, the Space Force recently shifted a GPS III satellite launch from ULA’s Vulcan rocket to SpaceX’s Falcon 9 after a significant Vulcan booster anomaly grounded ULA’s military missions indefinitely. That move made it four consecutive GPS III satellites transferred to SpaceX after contracts were originally awarded to its competitor.
This didn’t come without a fight and dates back years. SpaceX originally had to sue the Air Force in 2014 for the right to compete for national security launches, at a time when United Launch Alliance held a near monopoly on the market. Since then, the company has steadily displaced ULA as the dominant provider, and last year the Space Force confirmed SpaceX would handle approximately 60 percent of all Phase 3 launches through 2032, worth close to $6 billion.
With missile defense satellites now part of its launch manifest alongside GPS, communications, and reconnaissance payloads, SpaceX is giving hungry investors something to chew on before its imminent IPO.
Elon Musk calls out $2 trillion SpaceX IPO valuation as ‘BS’
Elon Musk reveals date of SpaceX Starship v3’s maiden voyage
