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SpaceX to ring in Crew Dragon’s success with a Starlink launch and landing
SpaceX wants to ring in the historic success of its Crew Dragon spacecraft the only way it knows how – sending 60-satellite Starlink satellites into orbit and landing another Falcon booster as few as three days after the company’s inaugural astronaut launch.
The mission – deemed Starlink-8 – will be SpaceX’s eighth Starlink launch overall and the seventh launch of upgraded v1.0 satellites, pushing the company a mission past the halfway point towards its first internet beta test. If successful, it will raise SpaceX’s ever-growing constellation to some ~475 satellites strong, approximately 400 spacecraft shy of the ~840 COO and President Gwynne Shotwell believes are necessary to begin rolling out Starlink internet service.
Delayed from May 7th to the 17th, 18th, and 19th before SpaceX called the mission off to give Crew Dragon’s inaugural astronaut launch space to breathe, Starlink-8 is now scheduled to launch no earlier than 9:25 pm EDT on June 3rd (02:25 UTC, 4 June). Aside from taking SpaceX another step towards an operational Starlink constellation and source of income independent of launches, the launch is also on track to mark several more critical milestones both in orbit and back on (or near) the ground.
By far the most notable (and unexpected) first of Starlink-8 is related to booster recovery plans. On May 30th, the very same day SpaceX performed its first astronaut launch, drone ship Just Read The Instructions (JRTI) was spotted heading out into the Atlantic Ocean, deck cleared for the first time in the better part of a year. While initially assumed to be another one of a few sea trials the radically upgraded drone ship has performed in the last few weeks, news broke hours later that JRTI was actually heading out to sea for its first rocket recovery attempt in more than 16 months.
Replacing SpaceX’s original East Coast-based drone ship of the same name, the current iteration of Just Read The Instructions debuted in the Pacific Ocean in January 2016 with an explosively-unsuccessful booster landing after launching the Jason-3 weather satellite. The ship’s next landing attempt would come one year later and kick of seven consecutive booster landings completed over the following 24 months, followed shortly by a temporary pause of SpaceX’s West Coast launch presence.
SpaceX intends to perform its limited manifest of future Californian launches while relying entirely on return-to-launch-site (RTLS) rocket booster recoveries back onshore, freeing up drone ship JRTI to head to Florida to support the company’s far busier East Coast manifest. After transiting the Panama Canal in August 2019 and undergoing several months of refits in Louisiana, JRTI arrived in Florida in December 2019 and has been gradually upgraded at Port Canaveral over the last few months. Now, outfitted with a new Octagrabber robot and thrusters and power supplies that dwarf those on SpaceX’s other drone ship, SpaceX has apparently given JRTI the go-ahead to attempt its first booster recovery in almost a year and a half.
Visors, reuse, rideshares and more
Additionally, Starlink-8 is scheduled to debut SpaceX’s first “VisorSat”, a Starlink satellite modified with a visor specifically designed to prevent sunlight from reflecting off of the shiny satellites and disrupting ground-based astronomy. If successful, all future Starlink satellites SpaceX manufactures will include the modification, hopefully mitigating or wholly eliminating Starlink’s impact on astronomy.
Starlink-8 is also expected to debut SpaceX’s potentially game-changing addition of rideshare slots for small satellites aboard a large portion of the company’s planned Starlink launches. Earth imaging company Planet is the first announced customer, with three ~125 kg (~300 lb) SkySat imaging satellites manifested on Starlink-8. Potentially costing Planet just $1 million apiece, the launch option could easily become industry-leading if SpaceX can regularly include several hundred kilograms of 3rd-party satellites on each of the 20+ Starlink missions it’s likely to launch annually.
Finally, Next Spaceflight says that Falcon 9 booster B1049 has been assigned to support Starlink-8, meaning that the mission will be the second time ever that a Falcon 9 booster has attempted its fifth orbital-class launch. Starlink-8 will come two and a half months after improper refurbishment caused Falcon 9 booster B1048 to suffer an in-flight engine failure during its fifth launch. While the booster changed its flight program on the fly to ensure the Starlink-6 mission was successfully completed, B1048 did so at the cost of its landing propellant, ending the booster’s productive life with a violent crash somewhere on the surface of the Atlantic Ocean.
If B1049 can successfully launch and land for the fifth time on June 3rd, it will become the pack leader of SpaceX’s fleet of reusable rockets. With a safe landing, B1049 can prepare to become the first booster to launch six times, hopefully proving that Falcon 9 can safely fly six, seven, eight, or more times – perhaps one day cresting 10 launches to achieve Falcon 9 Block 5’s design goal.
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In the world of autonomous ride-hailing, there are only a handful of names. Among those few companies lies a strategy play by each to keep the opposition on their toes. Tesla, on the other hand, already tipped its hand at where it is headed next.
Tesla has signaled its next major push in the autonomous ride-hailing market by filing for an Autonomous Vehicle Network Company permit in Nevada (Docket 26-05015). Through Tesla Robotaxi, LLC, the company seeks approval to operate up to 5,000 robotaxis in Clark County, including high-traffic areas like Las Vegas and Henderson airports, within the first 12 months of launch.
This filing builds on Tesla’s earlier testing approvals from the Nevada DMV in September 2025 and preparations such as maintenance hubs in the Las Vegas area. Nevada represents a strategic expansion into a major tourist destination, where high visitor volumes could drive strong utilization and showcase the reliability of unsupervised autonomy to a broad audience.
We’d have to assume this means Tesla is targeting Las Vegas, and it’s a great move from a business perspective.
Vegas is such a melting pot of people from all around the country and the world. It will expose people from all corners of the globe to Tesla’s autonomy capabilities https://t.co/Qz3fQmhULF pic.twitter.com/Du5pj2RyWC
— TESLARATI (@Teslarati) June 6, 2026
Approval would mark a significant step toward commercial operations in a new state, following progress in Texas.
Tesla’s shareholder decks and earnings calls have clearly outlined these ambitions. In the Q4 2025 shareholder deck, the company listed planned Robotaxi coverage for the first half of 2026, explicitly naming Las Vegas alongside Phoenix, Miami, Orlando, and Tampa, with Dallas and Houston already advancing. Austin was noted as “ramping unsupervised,” while the Bay Area remained in safety-driver mode.
By Q1 2026, the deck updated statuses to reflect launches in Dallas and Houston, with “preparations underway” for the remaining cities, including Las Vegas. Paid Robotaxi miles nearly doubled sequentially in Q1, underscoring momentum even as broader timelines adjusted slightly for regulatory and operational readiness.
On earnings calls, CEO Elon Musk and executives have emphasized a phased rollout prioritizing safety. Unsupervised operations in Texas have shown strong results with no reported accidents or injuries in the program. Tesla continues groundwork in additional major U.S. metros through testing and permitting, positioning it to scale quickly once approvals clear.
This Nevada move aligns with Tesla’s vision of transforming from an EV maker into an AI and robotics leader. The forthcoming Cybercab, which started production at Giga Texas in April, is expected to eventually dominate the fleet, replacing many Model Y vehicles and driving down costs to enable affordable rides.
For investors and the industry, this signals Tesla’s intent to dominate key Sun Belt and tourist markets where weather, regulations, and demand favor rapid scaling. Success in Las Vegas could validate the model for denser urban and high-tourism environments, accelerating the shift toward a future where robotaxis generate meaningful revenue.
Las Vegas will also expand knowledge among the general public at Tesla’s capabilities, helping people experience driverless ride-hailing from several companies during their time on The Strip.
The Tesla Model 3’s cheapest trim level just got a major accolade, as Edmunds just revealed the Rear-Wheel-Drive trim of the all-electric sedan is the most efficient EV that is currently in production.
The 2026 Tesla Model 3 Rear-Wheel-Drive not only beat its EPA-estimated range by 30 miles, but it also bested its efficiency mark by 13.2 percent. The Model 3 tested by Edmunds traveled 393 miles, beating its EPA rating by 8.3 percent, while it returned 21.7 kWh per 100 miles, or 4.61 mi/kWh.
Beating those two metrics is especially pertinent when it comes to EV ownership and driving down the cost of ownership from ICE counterparts across the board. The real money savings come from driving down the cost of driving per mile, especially when it comes to high-mileage driving.
Edmunds stated in its report and review that the process it uses to test EV efficiency is aimed at giving “the most accurate representation of a car’s real-world range.” The assessment uses a strict route that features 60 percent city and 40 percent highway driving, and an average speed of 40 MPH across the trip.
It also drives each car within 5 MPH of all posted speed limits, and the climate control is set on Auto at 72 degrees to ensure even testing. In other words, Edmunds does not use methods to maximize efficiency, and instead tries to make it reasonable to achieve the same ratings yourself.
In comparison to other EVs, it beat the 2026 Mercedes-Benz CLA 350, which went 385 miles, as well as the 2026 Audi A6 Sportback E-tron Prestige AWD, which traveled 392 miles. Only the Mercedes-Benz CLA 250+ traveled farther, making it an impressive 434 miles on a charge.
However, the Tesla Model 3 RWD’s efficiency is “unmatched” because of its incredibly low energy usage per mile.
🚨 Tesla Model 3 RWD:
-At $36,990, it is $9,000 cheaper than the average transaction price for a new car ($46,023 via KBB)
-Was 13.2% more efficient than its EPA estimate
-Traveled 393 miles on a charge despite its 363-mile EPA range https://t.co/Grov2hXqpa pic.twitter.com/Zl8rnZZLIB
— TESLARATI (@Teslarati) June 8, 2026
The Model 3 Rear-Wheel-Drive might be the best bang-for-your-buck EV if you’re looking to buy new and want access to features like Full Self-Driving, while also being aware of efficiency. This trim of the Model 3 is also priced over $9,000 cheaper than what Kelley Blue Book says the average transactional price for a new car was in May 2026, which sits at $46,023.
If you’re looking for something with more speed, an All-Wheel-Drive drivetrain, or more premium features, the Premium trims of the Model 3 currently come with one year of Free Supercharging.
The Ontario Teachers’ Pension Plan (OTPP) stands to reap one of the most extraordinary returns in pension fund history thanks to a bold 2019 investment in SpaceX.
According to a recent report from The Globe and Mail, the Toronto-based fund invested roughly $300 million CAD (~$220 million USD at the time) in Elon Musk’s space company as its inaugural deal through the Teachers’ Innovation Platform.
At SpaceX’s anticipated $1.75 trillion IPO valuation, set for a mid-June debut on Nasdaq under ticker $SPCX, that stake could now be worth up to $11.6 billion USD. This would represent a roughly 50x return and easily become OTPP’s most successful single investment ever.
The fund manages $279 billion in assets for approximately 346,000 working and retired teachers in Ontario, potentially delivering an average boost of around $33,500 per member if fully realized.
SpaceX has filed its S-1 and plans to price shares at $135 each, aiming to raise a record $75 billion in what would be the largest IPO in history, surpassing Saudi Aramco. The company reported $18.67 billion in revenue for 2025, driven primarily by Starlink satellite internet growth and NASA contracts, though it continues to post significant losses tied to ambitious R&D in Starship and AI initiatives.
Important pieces moving forward include:
- Starlink Expansion: The satellite broadband service is scaling rapidly, targeting global connectivity, especially in underserved rural and remote areas. This segment offers massive recurring revenue potential as numbers climb.
- Starship and Reusability Leadership: SpaceX’s fully reusable Starship aims to slash launch costs dramatically, enabling frequent missions, Mars ambitions, and lucrative government/defense contracts. Success here could unlock exponential growth.
- AI and Diversification: Recent moves, including ties to xAI, position SpaceX in high-growth AI infrastructure, broadening beyond traditional aerospace.
- Validation Scrutiny: While the $1.75 trillion target excites investors, analysts like Morningstar value the company closer to $780 billion, citing high multiples (around 90x trailing revenue) and execution risks. A 180-day lockup period will prevent early investors like OTPP from selling immediately post-IPO.
The irony has not been lost on observers. Ontario’s government previously canceled a Starlink rural internet contract amid political tensions involving Musk, yet the pension fund’s savvy investment, made when SpaceX was valued around $33-36 billion, and Starlink was nascent, delivers outsized gains independent of politics.
For OTPP, this windfall strengthens its already solid 111 percent funding ratio and underscores the value of patient, innovation-focused capital allocation.
For SpaceX, the IPO marks a new chapter: greater transparency, access to public markets for talent retention and growth capital, and heightened pressure to deliver on its multi-planetary vision.
All eyes are fixed on whether SpaceX can justify its lofty valuation through sustained execution. For Ontario teachers, the returns are already stellar, but SpaceX, like other Musk companies in the past, has plenty of things to prove. Perhaps the most ideal person for the job is at the helm, hoping to bring the company to a massive valuation.
Tesla tipped its hand at where Robotaxi is heading next
Tesla Model 3’s cheapest trim just got a major accolade
