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SpaceX’s Crew Dragon spaceship marches towards launch with vacuum chamber test
SpaceX has published the latest photo of its next-generation Crew Dragon spacecraft, showing the crewed vehicle preparing to be put through its paces inside a NASA thermal vacuum chamber located in Cleveland, Ohio. If the tests are completed without issue, the Dragon’s next destination will be Cape Canaveral, Florida, where it will prepare for an inaugural launch targeted for the fourth quarter of 2018.
In the photo released on June 20th, SpaceX’s DM-1 Crew Dragon capsule (C202 in shorthand: [C]apsule, Dragon [2], serial number [02]) is seen being craned by SpaceX technicians into the thermal vacuum chamber at NASA’s Plum Brook testing facilities. Located in Ohio, Plum Brook’s vacuum chamber is unique because of both its size and its ability to fairly accurate replicate the actual environment faced by satellites and spacecraft once in space. Most importantly, this includes the extreme thermal conditions those vehicles are subjected to by constant ~90-minute day-night cycles in low Earth orbit (LEO).
Without Earth’s cozy atmosphere to act as both a heat sink and insulating blanket once on orbit, there is simply nothing there to protect spacecraft like Crew Dragon from the absolute extremes of direct solar radiation (sunlight), total darkness, and a complete lack of cooling by conduction and convection. In order to avoid overheating, Crew Dragon thus needs to bring along its own means of cooling in the form of onboard radiators to shed excess heat. The use of white paint on spacecraft further aids this process by selectively preventing the absorption of solar radiation while simultaneously efficiently emitting in infrared wavelengths.
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- SpaceX’s Demo Mission-1 Crew Dragon seen preparing for vacuum tests at a NASA-run facility, June 2018. (SpaceX)
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- The DM-1 Crew Dragon testing inside SpaceX’s anechoic chamber, May 2018. (SpaceX)
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- An overview of Crew Dragon’s main features, all of which can be seen in the real-life photos. The Cargo Dragon version will likely remove seats and windows. (SpaceX)
How to prep your Dragon
Crew Dragon’s primary radiators are elegantly integrated into vertical panels installed on the cylindrical bottom segment, known as the trunk, while the craft’s power source – solar panels in this case – are installed in a curved array on the opposite side of the trunk. Intriguingly, the trunks displayed in the two most recent photos of the DM-1 Crew Dragon appear to be almost completely different, and the trunk at Plum Brook does not appear to have its solar arrays or radiators installed. Nominally, SpaceX would use the thermal vacuum capabilities of the Ohio facility to fully vet Crew Dragon’s ability to maintain optimal temperatures on orbit, but the particularly tests planned for the DM-1 capsule and trunk may be of a slightly different type.
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- On February 28, SpaceX completed a demonstration of their ability to recover the crew and capsule after a nominal water splashdown in the Atlantic Ocean, just off the coast of Florida. (SpaceX)
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- Astronaut Bob Behnken examines a sample of Crew Dragon docking and crew transfer hardware, the mechanisms that will allow the spacecraft to dock with the International Space Station and allow crew to enter the orbital outpost. Taken March 2017. (SpaceX)
Regardless, after testing at Plum Brook is completed, the DM-1 Crew Dragon capsule will be shipped to a newly-constructed processing facility in Cape Canaveral, Florida, while it’s understood that the trunk installed in SpaceX’s June 20th photo will be returned to the Hawthorne, CA factory to be outfitted with flight hardware (presumably including cameras, radiators, solar arrays, and a healthy amount of insulation). It’s unclear when the two segments of DM-1 will part ways and head on to their next destinations, but it’s likely that testing at Plum Brook will last for at least a handful of weeks.
Birds of a feather
In the meantime, several additional Crew Dragon capsules/trunks and the Falcon 9 Block 5 rockets that will launch them are in a variety of states of fabrication and assembly at SpaceX’s Hawthorne factory. B1051, the Block 5 booster assigned to the first uncrewed Demo-1 launch of Crew Dragon, was reported by NASA to be undergoing propellant tank integration in March 2018, implying that the rocket should be at or near the final stages of integration, and will likely ship to McGregor, Texas for static fire testing late this summer.
As of June 15th, SpaceX’s third Falcon 9 Block 5 booster was vertical on the Texas test stand, likely nearing its own static fire test before being shipped to SpaceX’s Vandenberg Air Force Base launch facilities for the July 20th launch of Iridium-7. While possible that a booster slipped past the watchful eyes and ears of SpaceX enthusiast observers, it’s probable that the rocket currently in McGregor is B1048, implying that a minimum of two additional booster shipments and Texas test programs remain before B1051 can be prepped to launch SpaceX’s first Crew Dragon mission. At the current marginally accelerated booster production and shipment schedule (~ 30-day cadence), B1051 would be expected to leave Hawthorne for Texas no earlier than (NET) late August or early September. This meshes with a recent comment from Commercial Crew astronaut Suni Williams:
“I think we’re going to get the [uncrewed[ demo flights probably by the end of the year, maybe a little after that . . . and then the crew demo missions next year.”
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- Falcon 9 Block 5 completed its first launch on May 11, carrying the Bangabandhu-1 communications satellite to geostationary transfer orbit. (Tom Cross)
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- SpaceX’s second Block 5 booster was spotted vertical at the company’s McGregor, TX testing facilities. That booster has since been shipped to Florida for a mid-July launch, with B1048 now in its place as of June 15. (Aero Photo)
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- A matte-silver Block 5 Merlin 1D rocket engine seen preparing to leave SpaceX’s Hawthorne factory for testing in Texas. (SpaceX)
Anticipating acceptance and prelaunch testing that is far more extensive and time-consuming than typically seen with SpaceX’s commercial missions, it’s safe to bet that the first uncrewed Crew Dragon mission – DM-1 – will launch from Kennedy Space Center in November or December 2018. While those operations proceed over the course of the rest of this year, SpaceX expects roughly 10 additional Falcon 9 and Falcon Heavy launches to occur. It’s gonna be a busy H2.
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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
