SpaceX
SpaceX’s Crew Dragon one step closer to human spaceflight after flawless launch
SpaceX has completed the first half of its critical Crew Dragon test flight, launching the brand new spacecraft into low Earth orbit (LEO) on the back of one of its workhorse Falcon 9 rockets. The rocket performed nominally, successfully sending the human-rated vehicle on its way towards the International Space Station (ISS).
Scheduled to dock with the ISS as early as 6 am EST (13:00 UTC) March 3rd, Crew Dragon will now face the real challenge of this demonstration mission, successfully operating in orbit and autonomously docking with the ISS. Along the way, SpaceX will be flight-testing a number of technologies and systems new to the company, while also providing reams of data that will help both SpaceX and NASA determine whether Crew Dragon performed as intended and is truly ready to carry astronauts into orbit.
https://twitter.com/_TomCross_/status/1101764440800878593
While this successful launch is a critical milestone for DM-1, Crew Dragon, SpaceX, and NASA, it’s hard to say there is anything particularly shocking about its successful completion. Including this launch, SpaceX has now successfully launched Falcon 9 42 times in a row since January 2017, including seven orbital launches and ISS missions with Cargo Dragon, a heavily proven spacecraft with 16 successful missions since its 2012 debut. Put simply, SpaceX has an incredibly dense volume of experience successfully launching, landing, recovering, and refurbishing orbital-class rockets and spacecraft, as well as a proven track record of success and an ability to confront and move past challenging vehicle failures.
Crew Dragon demo mission (DM-1) is set to launch early tomorrow morning, March 2, at 2:49 a.m. EST from Kennedy Space Center. What an absolutely breathtaking scene at LC-39A. #spacex #nasa #CrewDragon #falcon9 pic.twitter.com/T95wCumGzq
— Pauline Acalin (@w00ki33) March 1, 2019
Crew Dragon’s successful launch is no less of a major achievement, even if it was about as much of a known quantity as any other Falcon 9 mission. The real challenge ahead of the spacecraft is successfully demonstrating the efficacy of its design and operations in space, particularly while interacting and docking with the ISS. Prior to tomorrow morning, all SpaceX Dragons have berthed with the ISS, meaning that they effectively come up from underneath the ISS (a lower orbit), stop a few meters away, and are ‘grappled’ by a large robotic arm (known as Canadarm2) that also attaches the spacecraft to a docking port. If – at any point during the pre-berthing approach – Cargo Dragon were to lose control, the spacecraft would essentially fall back down the gravitational hill it had just climbed, a built-in abort that would nominally prevent the spacecraft from impacting the Station in most failure scenarios.
The launch of Crew Dragon demo (DM-1) as seen from the roof of NASA’s Vehicle Assembly Building. What a powerful and moving mission. Another step closer! #spacex #nasa #CrewDragon pic.twitter.com/aWIPtDcVir
— Pauline Acalin (@w00ki33) March 2, 2019
Crew Dragon, on the other hand, has been designed to dock with the ISS. Generally speaking, this means that the spacecraft will approach the Station side-on, as if it were a car accelerating faster than another car in the same ‘lane’. While there are many built-in points during the docking approach where Crew Dragon will halt all forward movement, the differing docking approach means that any loss of control or contact while on a vector towards the ISS could mean that it is unable to abort, significantly increasing the likelihood of an impact event in worst-case scenarios. While Crew Dragon is designed with extreme redundancy and fault-tolerance in mind, the stakes are definitively higher compared to Cargo Dragon.
Liftoff of Dragon 2 at 2:49am! SpaceX’s first flight of their new capsule preparing to take astronauts back to the International Space Station from American soil.
See the full launch gallery and support NASAspaceflight by subscribing to L2: https://t.co/whUFQd0FNU pic.twitter.com/TIhJxCSM8j
— Brady Kenniston (@TheFavoritist) March 2, 2019
Conscious of this fact, the new spacecraft will be tasked with completing a significant number of on-orbit maneuvers to verify nominal performance before allowing the autonomous vehicle to attempt a docking with the ISS. While that docking attempt is scheduled to occur as early as 6 am EST (13:00 UTC), live coverage – hosted by both NASA and SpaceX – will begin around 3:30 am EST (10:30 UTC) on Sunday, March 3rd. While these on-orbit webcasts can admittedly be rather dry compared to the thrill of launch, it will arguably be the most significant and mission-critical portion of Crew Dragon’s launch debut, alongside the spacecraft’s safe reentry and Atlantic Ocean landing and recovery. Follow along live at spacex.com/webcast.
Check out Teslarati’s newsletters for prompt updates, on-the-ground perspectives, and unique glimpses of SpaceX’s rocket launch and recovery processes!
SpaceX has decided to stand down from what was supposed to be the first test launch of Starship’s v3 rocket tonight after a minor issue with a hydraulic pin delayed the flight once more.
The company scrubbed its first test flight of the upgraded Starship v3 on May 21 in the final minutes of the countdown. SpaceX CEO Elon Musk quickly took to social media platform X, explaining that a hydraulic pin on the launch tower’s “chopsticks” arm failed to retract properly.
Musk added that the company would fix the issue this evening. SpaceX will attempt another launch tomorrow night at 5:30 p.m. CT, 6:30 p.m. ET, and 3:30 p.m. PT.
The hydraulic pin holding the tower arm in place did not retract.
If that can be fixed tonight, there will be another launch attempt tomorrow at 5:30 CT. https://t.co/DJAdvDYQpH
— Elon Musk (@elonmusk) May 21, 2026
The countdown for Starship Flight 12 — featuring the taller and more capable V3 stack with Booster 19 and Ship 39 — had been progressing smoothly until the late-stage issue surfaced. The Mechazilla tower arm, designed to secure the vehicle on the pad and eventually catch returning boosters, could not complete its retraction sequence.
SpaceX teams immediately began troubleshooting the hydraulic system for an overnight repair.
Starship V3 introduces several significant upgrades over earlier versions. These include greater propellant capacity, more powerful Raptor 3 engines, larger grid fins, enhanced heat shielding, and an improved fuel transfer system.
We covered the changes that were announced just days ago by SpaceX:
SpaceX unveils sweeping Starship V3 upgrades ahead of May 19 launch
The changes are intended to increase payload performance, support higher flight rates, and advance the vehicle toward operational missions, including Starlink deployments, NASA Artemis lunar landings, and future crewed Mars flights. The debut flight from Starbase’s new Launch Pad 2 marked an important milestone in scaling up the fully reusable Starship system.
This stand-down highlights the intricate challenges of preparing the world’s most powerful rocket for flight. Despite extensive pre-launch checks, a single component in the ground support equipment can force a scrub.
The incident aligns with Starship’s proven iterative development approach. Previous test flights have encountered both successes and setbacks, each providing critical data that refines hardware and procedures. Some outlets may call some of these flights “failures,” when in reality, they are all opportunities for SpaceX to learn for the next attempt.
With V3, SpaceX aims to reduce ground-system dependencies and increase launch cadence to meet ambitious long-term goals.
Elon Musk
SpaceX just filed for the IPO everyone was waiting for
SpaceX filed its public S-1, revealing $18.7 billion in revenue and billions in losses.
SpaceX publicly filed its S-1 registration statement with the Securities and Exchange Commission on May 20, 2026, making its financial details available to the public for the first time ahead of what could be the largest IPO in history.
An S-1 is the formal document a company must submit to the SEC before going public. It includes audited financials, risk factors, business descriptions, and how the company plans to use the money it raises. Companies are required to file one before selling shares to the public, and it must be published at least 15 days before the investor roadshow begins. SpaceX had already submitted a confidential draft to the SEC in April, which allowed regulators to review the filing privately before it went public.
The S-1 reveals that SpaceX generated $18.7 billion in consolidated revenue in 2025, driven largely by its Starlink satellite internet division, which posted $11.4 billion in revenue, growing nearly 50% year over year. Despite that growth, the company lost about $4.9 billion in 2025 and has burned through more than $37 billion since its founding.
SpaceX just forced Verizon, AT&T and T-Mobile to team up for the first time in history
A significant portion of those losses trace back to xAI, Elon Musk’s artificial intelligence company, which was recently merged into SpaceX. SpaceX directed roughly 60% of its capital spending in 2025 to its AI division, totaling around $20 billion, yet that division lost billions and grew revenue by only about 22%.
SpaceX plans to list its Class A common stock on Nasdaq under the ticker SPCX, with Goldman Sachs, Morgan Stanley, and Bank of America leading the offering. The dual-class share structure means going public will not meaningfully reduce Musk’s control, as Class B shares he holds carry 10 votes per share compared to one vote for public Class A shares.
The company is targeting a raise of around $75 billion at a valuation of roughly $1.75 trillion, which would make it the largest IPO ever. The investor roadshow is reportedly planned for June 5.
SpaceX has revealed the date for the maiden voyage of Starship v3, its newest and most advanced version of the rocket yet.
Starship v3 represents a significant leap forward. At 124 meters tall when fully stacked, it stands taller than previous versions and boasts substantial upgrades.
The vehicle incorporates next-generation Raptor 3 engines, which deliver higher thrust, improved reliability, and simplified designs with fewer parts. Both the Super Heavy booster (Booster 19) and the Starship upper stage (Ship 39) feature these enhancements, along with structural improvements for greater payload capacity—exceeding 100 metric tons to low Earth orbit in reusable configuration.
SpaceX and its CEO Elon Musk have announced that the company aims to push the first launch of Starship v3 this Thursday. Musk included some clips of past Starship launches with the announcement.
Now targeting launch as early as Thursday, May 21 → https://t.co/2gZQUxS6mm
— SpaceX (@SpaceX) May 19, 2026
First Starship V3 launch later this week! pic.twitter.com/JFX4CrSfnY
— Elon Musk (@elonmusk) May 19, 2026
There are a lot of improvements to Starship v3 from past builds. Key hardware changes include a more robust heat shield, upgraded avionics, and modifications optimized for orbital refueling, a critical technology for future missions to the Moon and Mars. This flight marks the first launch from Starbase’s second orbital pad, allowing parallel operations and accelerating the cadence of tests.
This will be the 12th Starship launch for SpaceX. Flight 12 objectives include a full ascent profile, hot-staging separation, in-space engine relights, and reentry testing. The booster is expected to perform a controlled splashdown in the Gulf of Mexico, while the ship will deploy 20 Starlink simulator satellites and a pair of modified Starlink V3 units before attempting reentry.
Success would validate V3’s design for operational use, paving the way for rapid reusability and higher flight rates.
The rapid evolution from V2 to V3 underscores SpaceX’s iterative approach. Previous flights demonstrated booster catches, ship landings, and heat shield advancements. V3 builds on these with nearly every component refined, supported by an expanding production line at Starbase that churns out vehicles at an unprecedented pace.
Starship V3 is here putting SpaceX closer to Mars than it has ever been
This launch comes amid growing momentum for SpaceX’s ambitious goals. Starship is central to NASA’s Artemis program for lunar landings and Elon Musk’s vision of making humanity multiplanetary. A successful V3 debut would boost confidence in achieving orbital refueling and crewed missions in the coming years.
As excitement builds, enthusiasts and engineers alike await liftoff. Weather and technical readiness will determine the exact timing, but the community is optimistic. Starship V3 is poised to push the boundaries of spaceflight once again, bringing reusable interplanetary transport closer to reality.
SpaceX reveals reason for Starship v3 stand down, announces next launch date
Tesla Model Y becomes first-ever car to reach legendary milestone
