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SpaceX Dragon spacecraft heads to ISS as crewed version preps for debut

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SpaceX’s third flight-proven Cargo Dragon spacecraft has arrived in orbit and is currently making its way uphill to the International Space Station for the 15th SpaceX resupply, scheduled for arrival around 7 am EDT July 2nd. Meanwhile, the company’s new Crew Dragon is undergoing its own earthbound trials, split between an artificial vacuum chamber and parachute drop tests over the California desert.

Following a twilight launch that brought to a spectacular close an era of older, less-reusable Falcon 9 rockets, the Cargo Dragon capsule trunk full of several tons of supplies and scientific instruments were placed into a parking orbit roughly 200 miles above Earth’s surface, trailed by a mesmerizing rainbow plume created by Falcon 9’s first and second stage over their nine-minute journey.

After arriving in orbit, Crew Dragon separated from Falcon 9’s second stage and officially commenced its second orbital mission roughly 25 months after its first, CRS-9 in July 2016. Alongside the three that have now flown successfully, all five of SpaceX’s remaining Commercial Resupply Services-1 (CRS-1) missions will be conducted with flight-proven Dragon spacecraft, two or three of which will see the already-reused capsules fly a third time before being officially retired.

After SpaceX’s first CRS contract comes to an end, currently scheduled for early 2020 with the CRS-20 mission, the upgraded Dragon 2 will take over all future cargo launches. Dragon 2’s cargo configuration is expected to be a slightly different version of the Crew Dragon capsule and trunk, scheduled to debut as early as late 2018, but the specifics are still somewhat hazy. Most probably, recovered Crew Dragon capsules – unlikely to ever been certified to fly NASA astronauts – will instead be refurbished after their first orbital missions, modified slightly to meet the cargo requirements, and then use to complete SpaceX’s CRS-2 contract alongside their crew transport missions.

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While its predecessors continue to grow SpaceX’s experience in orbit, the Crew Dragon program is making its own impressive progress towards the first uncrewed and crewed launch debuts in late 2018 and early 2019. DM-1, the capsule tasked with that first uncrewed demonstration, is likely nearing the end of a suite of tests inside NASA’s huge Plum Brook vacuum chamber facilities, ensuring that the brand-new spacecraft behaves as expected in the extreme environment of space. If successful, the capsule will be sent on its way to Cape Canaveral, Florida to begin true prelight preparations for the first time ever, while its trunk – an expendable structure installed at the base of the craft with solar arrays, radiators, and bays for unpressurized cargo – will be sent back to the Hawthorne, CA factory to be outfitted with flight hardware, after which it will ship to Florida one to two months after the capsule arrives.

 

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Meanwhile, the CRS-15 Dragon capsule currently orbiting Earth will dock with the International Space Station early Monday morning and is scheduled to depart, reenter, and return to Hawthorne, CA for Flight 3 refurbishment in early August, at which point the DM-1 Crew Dragon ought to have arrived in Florida. Aside from Dragon, SpaceX has three new Falcon 9 Block 5 launches scheduled between July 20 and August 2, the boosters of which will all be recovered aboard SpaceX’s fleet of drone ships

Follow us for live updates, peeks behind the scenes, and photos from Teslarati’s East and West Coast photographers.

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Eric Ralph is Teslarati's senior spaceflight reporter and has been covering the industry in some capacity for almost half a decade, largely spurred in 2016 by a trip to Mexico to watch Elon Musk reveal SpaceX's plans for Mars in person. Aside from spreading interest and excitement about spaceflight far and wide, his primary goal is to cover humanity's ongoing efforts to expand beyond Earth to the Moon, Mars, and elsewhere.

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Tesla gives its biggest signal yet that Cybercab launch is imminent

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Credit: Joe Tegtmeyer | X

Tesla just gave what is perhaps its biggest signal yet that the launch of the Cybercab, its autonomous ride-hailing-geared car, is imminent.

The Cybercab has been spotted outside of Gigafactory Texas in massive numbers over the past few days, with hundreds of units being stored on property just days after the vehicle received a Certificate of Conformity from the EPA.

Today, things were a bit different.

Cybercabs spotted on Giga Texas property today had an addition: a Cybercab decal on the side, reminiscent of the “Robotaxi” ones that were placed on Model Ys just as the company launched its ride-sharing platform about a year ago.

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Giga Texas drone operator Joe Tegtmeyer noticed the change today:

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Tesla could be signaling that the Cybercab is preparing to enter the Robotaxi fleet in the coming weeks or months with this move. It seems more symbolic than anything; Tesla is ready to throw Cybercabs in the ride-hailing platform just as it did with Model Ys last year.

The addition of the Certificate of Conformity awarded to the Cybercab is another major factor working to Tesla’s advantage. The company now has permission from the EPA to allow the vehicle to operate on public roads and enter the chain of commerce. It’s officially street legal.

Tesla Cybercab specs revealed: range, curb weight, range ratings, and more

The big question that remains is whether Tesla will be able to operate the car without a safety monitor, especially considering it plans to put the car out there without a steering wheel or pedals. With the Cybercab only having a seating capacity of two, it is hard to believe Tesla will even consider putting a Safety Monitor in the car.

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It did recently self-certify as Level 4 and has the ability to operate driverless vehicles in the State of Texas under a law that took effect on May 28. You can read more about that here:

Tesla’s Robotaxi dreams just took a massive step toward reality

We’d imagine Cybercabs will be on the roads as soon as July, but August will likely be a better estimate of when the car will be entered into the Cybercab fleet. It all depends at where Tesla is, as they’ve truly prioritized safety with the rollout of the Robotaxi platform.

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Elon Musk challenges Tesla credit rating from Moody’s after SpaceX gets a higher one

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Justin Pacheco, Public domain, via Wikimedia Commons

Elon Musk has publicly questioned Moody’s credit assessments following the rating agency’s decision to assign SpaceX a Baa1 investment-grade rating, two notches above Tesla’s Baa3. The comments came amid discussions comparing the two companies’ financial profiles.

SpaceX earned its first-time Baa1 rating with a stable outlook from Moody’s. The agency highlighted the company’s leadership in orbital launches, the growing recurring revenue from its Starlink satellite network, strong vertical integration, U.S. government contracts, and emerging opportunities in AI infrastructure.

These factors were cited as supporting robust cash flows, margin expansion, and financial flexibility.

Musk responded directly: “Tesla’s credit rating is ridiculously low tbh,” and added, “Yeah, makes no sense. Tesla has over $40B in cash, no debt, and is consistently profitable!” His remarks underscored Tesla’s balance sheet strength and profitability at a time when many traditional automakers continue to report losses in the shift to electric vehicles.

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Tesla maintains a leading position in the global EV market, with diversification into energy and storage, battery technology, and robotics through projects like Optimus. Recent financial updates show the company generated positive free cash flow of $1.4 billion in Q1 2026, supported by operating cash flow of $3.9 billion. Cash and short-term investments stood at approximately $44.7 billion.

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Moody’s has affirmed Tesla’s Baa3 issuer rating with a stable outlook in periodic reviews, acknowledging the company’s EV leadership, technology strengths, including AI for autonomous vehicles, solid profitability, and strong liquidity.

Tesla (TSLA) scores Baa3 Moody’s rating for ‘stable’ outlook

However, the agency has also noted challenges in the automotive segment and expectations for margin pressures.

Musk’s critique highlights a common debate about how traditional rating methodologies apply to high-growth, capital-intensive technology companies. SpaceX benefits from long-term government-backed contracts and diversified, recurring revenue streams, while Tesla’s valuation reflects heavy investment in future technologies such as autonomy and robotics.

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Both ratings remain investment-grade, yet the one-notch difference has fueled online discussion about potential inconsistencies in evaluating innovative firms.

The exchange comes as SpaceX explores financing options following its recent valuation milestones, while Tesla continues executing on its multi-year roadmap. Musk’s pointed response serves as a reminder that credit ratings, though influential for borrowing costs, represent one lens through which markets assess corporate strength—and that company leaders often view their financial positions through the lens of long-term innovation and cash generation rather than short-term risk metrics alone.

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Tesla faces Full Self-Driving pushback in EU over ‘speeding’

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Credit: Tesla

A new report from Reuters claims that a transport authority in Sweden is pushing back against the approval of Tesla’s Full Self-Driving suite because it will travel over speed limits.

The report says the Swedish Transport Administration (TRV) recommends the European Union votes against FSD’s approval. TRV believes it should not be approved until Tesla disables FSD’s ability to speed.

TRV sent a letter to the European Union’s Technical Committee on Motor Vehicles (TCMV), which is set to meet on June 30 to discuss the potential approval of the Tesla FSD suite in the country. Tesla, which has received various approvals in Europe over the past two months, has not provided a comment.

Tesla Full Self-Driving gets first-ever European approval

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Teslas operating on FSD do travel over the speed limit, depending on the Speed Profile that is chosen. Drivers have the ability to disengage FSD at any point; Tesla specifically states that those supervising the suite are responsible for its actions.

Let’s cut to the chase: humans operating any vehicle speed almost daily in the United States. Realistically, speed limits in the U.S. are more frequently treated as speed minimums. However, other countries are different, and driving behaviors are less aggressive.

TRV believes that “allowing automated systems to systematically exceed legal speed limits…risks undermining both the legal framework and the expected safety benefits of ​vehicle automation,” the report stated. It’s surprising that Tesla has not received this claim from other countries previously.

This could be a good argument to bring Max Speed back, the setting that previously allowed the driver to choose the absolute fastest the car would travel.

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This would still put the responsibility of supervision in the hands of the driver. It would allow the driver to choose whether the car would travel over the speed limit or not, acknowledging that they set the speed, and if they get pulled over, there would be no ability to argue it.

However, it does not seem as if this is something Tesla will do, especially considering many U.S. drivers have requested the feature in an effort to eliminate speeding or at least tone it down. The company has not shown any interest in bringing it back.

Tesla has approvals for FSD in Europe in Estonia, Lithuania, Denmark, the Netherlands, and Belgium.

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