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SpaceX Crew Dragon switches ports to make room for Boeing’s Starliner do-over
Update: For the second time, a SpaceX Crew Dragon spacecraft has successfully swapped International Space Station (ISS) docking ports in orbit – this time to make way for Boeing’s planned Starliner Orbital Test Flight do-over.
If Starliner’s second orbital flight test is more successful than the first, which failed almost immediately after launch, the Boeing spacecraft will launch no earlier than July 30th, rendezvous and dock with the ISS, and spend approximately five days at the station before attempting to return to Earth. Once Starliner departs, freeing up the forward docking port, SpaceX and NASA will likely have to perform a second Crew-2 port relocation, moving Dragon back to its original port to set the stage for the CRS-23 Cargo Dragon resupply mission scheduled in late August.
SpaceX and NASA are on track for the Crew-2 Dragon spacecraft currently docked to the International Space Station (ISS) to perform a “port relocation” maneuver early Wednesday, effectively opening the door for Boeing’s Starliner flight test do-over.
Scheduled to launch on a United Launch Alliance (ULA) Atlas V rocket no earlier than (NET) July 30th, Boeing’s Starliner will be flying for the first time since the spacecraft’s near-catastrophic Orbital Flight Test (OFT) debut in December 2019. During Starliner’s inaugural test flight, a combination of inept Boeing software development, shoddy quality control, and inexplicably lax NASA oversight allowed the spacecraft to launch with inoperable software.
As a result, things went wrong mere seconds after Atlas V – which performed nominally – deployed Starliner. Almost as simple as using the wrong clock, the first software fault – something that would have been instantly caught with even the most rudimentary integrated systems test – caused Starliner to think it was in a different part of the OFT mission and waste much of its fuel with thousands of unnecessary thruster firings.
Aside from pushing Starliner’s maneuvering thrusters beyond their design limits, those unplanned and unexpected misfirings also threw the spacecraft off course, obfuscating Boeing and NASA’s ability to communicate and command the spacecraft and troubleshoot the situation at hand. Eventually, the company regained control of Starliner, but not before it had burned through most of its propellant reserves – precluding plans for to rendezvous and dock with the ISS.
Less than three hours before reentry, Boeing also uncovered a separate thruster-related software issue that could have caused the Starliner capsule to lose stability and re-impact its expendable trunk section after separation.
Ultimately, with so many issues and a failure to gather any kind of data related to operations at and around the ISS, NASA thankfully forced Boeing to plan to repeat OFT with Orbital Flight Test 2 (OFT-2). Scheduled to launch in December 2020 as of the second half of that year, OFT-2 ultimately slipped – both for scheduling and technical reasons – to March, June, and finally July 30th, 2021.
More than 19 months after Starliner’s ill-fated debut, NASA and Boeing are now almost ready for the spacecraft’s critical do-over. For unknown reasons, though, NASA and/or Boeing apparently need (or prefer) Starliner to use a specific docking port – the same port SpaceX’s second operational Crew Dragon spacecraft is currently docked to. According to NASA and Boeing, Starliner needs to use that forward docking port because it has not been qualified for zenith docking, which is a bit more complex. As a result, SpaceX and NASA have scheduled a port relocation maneuver around 7am EDT (UTC-4) on Wednesday, July 21st.
SpaceX’s first relocation occurred in early April to prepare for the arrival of a second Crew Dragon later that month. When Crew-1 Dragon departed a few weeks after the maneuver, it would leave the station’s zenith (space-facing) port free for a Cargo Dragon 2 spacecraft scheduled to arrive around one month later. Due to the station’s geometry and port layout, only the zenith port allows its robotic Canadarm2 arm to unload unpressurized cargo from Dragon’s trunk.
Already at the forward port, the Crew-2 Dragon will thus be moving to the zenith port for Starliner’s brief 1-2 week stay at the ISS. However, as may have become clear, Crew Dragon will then have to re-relocate to the forward port for any future Cargo Dragon missions – one of which happens to be scheduled to launch with an important unpressurized payload as early as August 29th.
Regardless of why, it’s hard to ever complain about seeing Dragons fly. Tune in around 6:30 am EDT (10:30 UTC) to watch Crew Dragon C206 maneuver around an orbital space station.
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.
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.
SpaceX confirmed today that it has officially signed its third massive compute deal, providing compute at its Colossus data center in Southaven, Mississippi.
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.
Tesla finally clarifies fatal Texas crash, confirms driver manually overrode acceleration
SpaceX makes $20 billion move to optimize its balance sheet
