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SpaceX’s Crew Dragon spaceship nears first orbital launch test
After roughly five years of concerted development, SpaceX CEO Elon Musk has released the first official photo of the company’s Crew Dragon, a version of their orbital spacecraft designed and optimized to reliably return humans to orbit from United States soil.
Traceable back to the very beginning of SpaceX’s first Dragon development program, where the company hoped to easily modify the Cargo Dragon capsule design to support crewed missions, the results of the years of work that followed instead focused on an extensive redesign originally intended to be capable of powered landings similar to Falcon 9 boosters. However, likely the result of an immense certification burden to ever hope to have NASA okay its operational usage, SpaceX chose to kill the landing program in favor of a more traditional ocean splashdown style of return. Extendable leglets were thus removed from the design’s heat shield, a change that also ended any hopes of SpaceX’s plans to partner with NASA and land an unprecedented payload on the surface of Mars, known as Red Dragon.
- Elon Musk: “SpaceX Crew Dragon ship in anechoic chamber for EMI [electromagentic interference] testing before being sent to @NASA Plum Brook vacuum chamber” (SpaceX)
- CRS-14’s flight-proven Cargo Dragon captured on orbit in April 2018 by astronaut Oleg Artemyev. (NASA/Oleg Artemyev)
- A reused orbital spacecraft, Cargo Dragon, back on Earth after its second successful resupply mission. (SpaceX)
That announcement came in the summer of 2017. Ten quiet months later, Musk confirmed April updates from NASA’s Commercial Crew Program managers with a photo of the first flight-worthy Crew Dragon in SpaceX’s anechoic chamber, ahead of shipment to NASA’s Plum Brook facility for full-up spacecraft testing in vacuum conditions.
While it may look like a completely different design, much of Crew Dragon has a significant level of heritage with the readily flight-proven Cargo Dragon spacecraft, including avionics, parachutes, heat shield expertise, and Draco maneuvering thrusters. The most obvious difference can be found in the four black bays spaced evenly around the edge of the capsule – these contain two SuperDraco thrusters each (eight total) that together act as an integrated launch abort system, capable of launching the capsule and trunk to safety in fractions of a second in the event of Falcon 9 failure at any point during launch. A test of this hardware was first completed almost exactly three years ago, demonstrating acceleration from stand-still to 100 mph in less than a single second.
The hardware shown in Elon Musk’s photo is not intended to carry humans (not on its first flight, at least), instead aiming to be the first Crew Dragon article to make it into Earth orbit, where SpaceX technicians and engineers will conduct and observe a vast fleet of tests with the intent of proving the craft’s capabilities. If successful, this mission (known as DM-1) will be the final step SpaceX needs to complete before DM-2, the upgraded spacecraft’s first real crewed mission.
As of now, DM-1 and DM-2 are officially scheduled for no earlier than (NET) August 31 and December 31 respectively. However, those dates are very unlikely to hold. Per sources with knowledge of Crew Dragon’s progress, DM-2 is currently scheduled for launch NET 2019, likely sometime in the first or second quarter. DM-1, while certainly not ready for an August 31 launch, does appear to be tracking towards a launch later this year, most likely in Q4 2018. SpaceX technicians are working around the clock to ready this groundbreaking hardware for its trip to Plum Brook and eventually to space, spending long shifts in the belly of the Dragon to ensure everything is working as intended.
- Falcon 9 Block 5 completed its first launch on May 11, carrying the Bangabandhu-1 communications satellite to geostationary transfer orbit. (Tom Cross)
- SpaceX’s first successfully launched and landed Block 5 Falcon 9, May 2018. (Tom Cross)
- B1046 returned to Port Canaveral shortly after its May 4 debut, and is now being carefully analyzed as pathfinder hardware. (Tom Cross)
Falcon 9 Block 5, which successfully completed its inaugural launch earlier this month, is another critical path for SpaceX’s first crewed mission (DM-2). As of now, NASA’s Aerospace Safety Advisory Panel (ASAP) has advised NASA to require seven full-up successful launches of the Block 5 iteration before allowing crew to fly on the rocket. In order for SpaceX to achieve that milestone in time for a crewed launch in early 2019, Falcon 9 Block 5 will need to fly (and refly) flawlessly over the course of the second half of 2018. While unclear if ASAP will accept flight-proven launches of the upgraded rocket for its fairly arbitrary “seven launches” requirement, SpaceX will need to rely heavily on Block 5 reflights if they hope to complete as many as 30 launches total this year.
As of now, the next launch of Falcon 9 Block 5 is likely to occur sometime in June, with three total Block 5 flights tentatively scheduled before mid-July. If SpaceX can pull those launches off, it will act as a huge bode of confidence for the future of the rocket, as well as the future of Crew Dragon.
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Elon Musk
President Trump touts new Air Force One with Musk technology
President Donald Trump unveiled an upgraded Boeing 747-8 at Joint Base Andrews on June 19, 2026, describing the Qatar-gifted aircraft as an interim Air Force One equipped with advanced communications systems, including Starlink, Elon Musk’s SpaceX satellite internet service.
The plane, valued at around $400 million and modified for presidential use, serves as a bridge until the delayed VC-25B replacements arrive. Trump highlighted its luxury features and new technology during remarks to service members.
Trump stated:
“We have communication equipment up there that nobody’s ever seen before. It’s the highest level and, uh, including Starlink. My friend Elon is going to be very happy, but, uh, Starlink and we have, uh, four or five different sets of double and triple communications like people haven’t seen.”
He added:
“And it represents what can happen with hard work, innovation, and aggressive timelines because we did this quickly and yet there’s never been communication like is on this plane.”
🚨 President Trump confirmed today that the new Air Force One is equipped with Starlink:
“We have communication equipment up there that nobody’s ever seen before, it’s the highest level and including Starlink…my friend Elon is going to be very happy.” pic.twitter.com/IhkDmtr5hL
— TESLARATI (@Teslarati) June 20, 2026
The aircraft features a redesigned red, white, and blue livery and has been outfitted with Starlink satellite connectivity alongside other secure systems.
Trump praised the plane’s uniqueness, calling it among the world’s most luxurious. The gift from Qatar and subsequent modifications have drawn attention, with the jet positioned as a solution for presidential travel. It is expected to support operations, including potential ceremonial roles such as Fourth of July flyovers.
The event marked the formal introduction of the converted jet, which will help maintain capabilities while the primary Air Force One fleet undergoes modernization. Defense observers note the inclusion of commercial satellite technology like Starlink as part of efforts to ensure resilient communications, crucial to keep the country running as the President is in the sky.
President Trump’s comments underscored appreciation for rapid upgrades and innovation in equipping the aircraft. The plane remains a U.S. government asset and is slated for eventual transfer related to presidential library purposes after its service.
News
Tesla Cybercab launch is imminent after latest sighting at Giga Texas
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.
Giga Texas drone operator Joe Tegtmeyer noticed the change today:
Tesla Cybercabs are now getting “Cybercab” logos on the side of them!
Tesla did the same with Model Ys that were given “Robotaxi” logos: https://t.co/DanANtw1m7 pic.twitter.com/FqOhH0S9Ks
— TESLARATI (@Teslarati) June 19, 2026
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.
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.
News
Elon Musk says this part of Tesla ‘makes no sense’
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.
Yeah, makes no sense.
Tesla has over $40B in cash, no debt and is consistently profitable!
— Elon Musk (@elonmusk) June 19, 2026
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.
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.
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.






