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SpaceX set to launch reused Dragon on a new Falcon 9 as NASA requests delay
An electrical fault aboard the International Space Station (ISS) has forced NASA to delay SpaceX’s CRS-17 Cargo Dragon launch from May 1st to May 3rd, giving the station’s crew more time to fix the issues at hand.
A new Falcon 9 Block 5 booster is tasked with launching the spacecraft and completed a static fire test at SpaceX’s LC-40 pad on April 27th. The Cargo Dragon capsule, however, completed its first orbital resupply mission (CRS-12) in September 2017 and has since been refurbished for a second launch. After CRS-17, three launches remain on SpaceX’s CRS1 NASA contract between now and early 2020, after which Dragon 2 (i.e. Crew Dragon) is expected to take over. However, a recent failure during a Crew Dragon test have thrown those plans into question.
Cargo Dragon’s 17th mission
Known as C113, the CRS-12 capsule is the last Dragon 1 manufactured by SpaceX, leaving a fleet of five flight-proven spacecraft for SpaceX to complete the eight remaining ISS resupply missions under its Commercial Resupply Services 1 (CRS1) contract. CRS-17 is the latest installment in SpaceX’s ISS resupply saga and is manifested with ~2500 kg (5500 lb) of cargo.
Along for the ride are NASA’s Orbiting Carbon Observatory-3 (OCO-3) and the multi-experiment STP-H6 investigation, two large pieces of hardware that will be delivered to the ISS in Dragon’s unpressurized trunk. After being berthed to the ISS, astronauts will unpack dozens of packages stored inside Cargo Dragon’s cabin. Sometime later, the station’s Canadarm2 will be used to grab OCO-3 and STP-H6 and install each on the outside of the space station, where they will hopefully live long and scientifically fruitful lives.
SpaceX and NASA have assigned a new Falcon 9 Block 5 booster – likely B1056 – to launch CRS-17. To preserve the scene of Crew Dragon C201’s April 20th explosion, the booster will attempt to land around 20 miles (32 km) offshore aboard drone ship Of Course I Still Love You (OCISLY). Originally scheduled for April 25th, CRS-17 was delayed to the 26th, 30th, 1st, and now May 3rd, most of which were requested by NASA for ISS scheduling purposes.
The latest delay – from May 1st to no earlier than (NET) May 3rd – was triggered by an unexpected electrical fault aboard the ISS, cutting the redundancy of its Canadarm2 (SSRMS) control systems from two strings to one. In other words, Canadarm2 – used to ‘grapple’ and berth spacecraft like Cargo Dragon and Cygnus to the station – is now just one electrical fault away from being rendered inoperable. CRS-17 will stay grounded until two-string (i.e. single fault) redundancy is returned to Canadarm2 and additional impacted systems.
In the event that ISS astronauts and NASA ground control are able to repair the electrical systems in a timely fashion, CRS-17 is scheduled to launch at 3:11 am EDT (07:11 UTC) on May 3rd.
In the shadow of Crew Dragon
A recent catastrophic failure of Crew Dragon (i.e. Dragon 2) raises serious questions about SpaceX’s follow-up CRS2 contract, but the nominal plan involves retiring Dragon 1 after CRS-20 and flying all future cargo missions with flight-proven Crew Dragon spacecraft. In the likely event that Crew Dragon C201’s failure delays SpaceX’s CRS2 schedule by several months, there are contingency plans to continue flying refurbished Dragon 1 spacecraft.
However, each Dragon 1 was designed for a maximum of three orbital missions, meaning that SpaceX’s current capsule fleet can support no more than six additional resupply missions before they reach the end of their usable lifespans. SpaceX thus has two potential buffer missions – CRS-21 and CRS-22 – that could theoretically account for up to a year of Dragon 2 delays. Beyond that, additional Dragon 2 delays could create a gap where NASA would have to supply the ISS without SpaceX’s services.
In a best-case scenario, SpaceX and NASA will quickly uncover an unequivocal culprit of C201’s catastrophic explosion, fix the technical and organizational failures that allowed it to happen, and be back on their feet in no time. In reality, it’s likely that the failure will delay future Crew Dragon (and thus Dragon 2) launches by a minimum of 6-12 months. SpaceX will likely need to change up the launch order of its capsules, reassigning DM-2’s Crew Dragon to the in-flight abort (IFA) test and the US Crew Vehicle 1 (USCV-1) Crew Dragon to SpaceX’s first crewed demonstration mission (DM-2). After such a serious and potentially fatal failure, it’s even possible that NASA will require an additional uncrewed orbital launch before permitting SpaceX to fly astronauts on Crew Dragon.
Given that SpaceX’s nominal CRS2 plan involved lightly modifying and reusing Dragon 2s after crewed missions, the future (and schedule) of the company’s Cargo and Crew contracts are intimately intertwined. With any luck, SpaceX and NASA will be able to solve the technical, organizational, and logistical problems now facing them and ensure a stable future for Dragon 2. In the meantime, Cargo Dragon’s CRS-17 mission offers SpaceX a chance to partially verify that Cargo Dragon C201’s issues are are relegated to Dragon 2 and Dragon 2 alone.
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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.
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.
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.
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.
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.
Tesla gives its biggest signal yet that Cybercab launch is imminent
Elon Musk challenges Tesla credit rating from Moody’s after SpaceX gets a higher one
