News
SpaceX Dragon spacecraft caught by robotic space station arm for the last time
On March 9th, SpaceX’s CRS-20 Cargo Dragon completed an uneventful journey to the International Space Station (ISS), where the spacecraft was successfully captured giant robotic arm for the last time.
Barring several major surprises, Dragon’s March 9th capture was the last time a SpaceX spacecraft berthed with a space station for the foreseeable future – possibly forever. Referring to the process of astronauts manually catching visiting vehicles and installing them on an airlock with a giant, robotic arm, berthing is a much younger technology than docking and was developed as an alternative for a few particular reasons. Perhaps most importantly, the Common Berthing Mechanism (CBM) ports used by Cargo Dragon, Cygnus, and HTV spacecraft are more than 60% wider than standard docking ports. In other words, spacecraft that berth can transport substantially larger pieces of cargo to and from the space station.
More significantly, however, the CBM standard came about in large part due to the decision to assemble the ISS out of 16 pressurized segments, each separately launched into orbit. Measuring about 1.25m (4.2 ft) wide, the CBM ports that connect most of the space station’s 16 livable segments make the ISS far more practical for the astronauts that crew it, while also allowing for larger hardware to be moved between each module. With Crew Dragon, design requirements meant that SpaceX had to move from berthing to docking, a trait SpaceX thus carried over when it chose to base its Cargo Dragon replacement on a lightly-modified Crew Dragon design.
Now verging on routine, Cargo Dragon capsule C112 began its final approach to the International Space Station on March 9th, pausing at set keep-out zones while SpaceX operators waited for NASA and ISS approval to continue. After several stops, Dragon arrived at the last hold point – some 10m (33 ft) away from the station – and NASA astronaut Jessica Meir manually steered Canadarm2 to a successful capture, quite literally grabbing Dragon with a sort of mechanical hand.
At that point, Dragon – like a large ship arriving in port with the help of tugboats – is in the hands of external operators. At the ISS, Canadarm2 essentially flips itself around with Dragon still attached, carefully and slowly mating the spacecraft with one of the station’s free berthing ports. Unlike docking ports, the active part of a berthing port is located on the station’s receiving end, where electromechanical latches and bolts permanently secure the spacecraft to the station and ensure a vacuum seal.
Finally, once berthing is fully complete, ISS astronauts can manually open Dragon’s hatch, giving them access to the two or so metric tons (~4000 lb) of cargo typically contained within. All told, the process of berthing is relatively intensive and expensive in terms of the amount of time station astronauts and NASA ground control must spend to complete a single resupply mission. From start to finish, excluding training, berthing takes a crew of two station astronauts some 9-12 hours of near-continuous work from spacecraft approach to hatch open.
One definite benefit of the docking approach Crew Dragon and Cargo Dragon 2 will use is just how fast it is compared to berthing. Because docking is fundamentally autonomous and controlled by the spacecraft instead of the station, it significantly reduces the workload placed on ISS astronauts. Crew members must, of course, remain vigilant and pay close attention during the critical approach period, particularly with uncrewed Cargo Dragon 2 spacecraft. However, the assumption is always that the spacecraft will independently perform almost all tasks related to docking, short of actually offloading cargo and crew.
For now, CRS-20 will likely be SpaceX’s last uncrewed NASA cargo mission for at six months. CRS-21 – Cargo Dragon 2’s launch debut – is currently scheduled no earlier than (NET) Q4 2020. Nevertheless, Crew Dragon’s next launch – also its astronaut launch debut – could lift off as early as May 2020, just two months from now. With both SpaceX’s crew and cargo missions soon to consolidate around a single spacecraft, the odds are good that Dragon 2 will wind up flying far more than Dragon 1, and the start of its increasingly common launches is just around the corner.
Check out Teslarati’s Marketplace! We offer Tesla accessories, including for the Tesla Cybertruck and Tesla Model 3.
Elon Musk
SpaceX (SPCX) IPO is live today at $135: Here’s exactly what you need to know
SpaceX priced its historic IPO at $135 per share today, raising a record $75 billion.
SpaceX officially priced its initial public offering at $135 per share, offering 555,555,555 shares of Class A common stock and raising $75 billion in what is the largest IPO in stock market history. Shares are set to begin trading on the Nasdaq Global Select Market on Friday, June 12, under the ticker symbol SPCX. The previous record holder was Saudi Aramco’s 2019 offering at $29 billion, followed by Alibaba’s $22 billion offering in 2014.
At $135 per share and roughly 555.6 million shares, the implied valuation sits near $1.75 trillion, which would make SpaceX roughly the seventh largest company in the United States, just above Tesla’s current market cap. Regular investors can request shares at the IPO price through Robinhood, Fidelity, Charles Schwab, SoFi, and E*TRADE, though the deal is heavily oversubscribed and most retail allocations will be partial or unfilled. Once trading opens June 12, anyone with a brokerage account can buy SPCX on the open market.
SpaceX’s amended S-1 is sparking a major Tesla merger conversation
The valuation is anchored primarily by Starlink. Starlink crossed 10 million subscribers as of February 2026 and is adding 750,000 to 1.5 million new users per month, with the connectivity segment already posting a $1.19 billion profit last quarter. The offering also bundles in xAI following SpaceX’s all-stock merger earlier this year, adding Grok and the Colossus supercomputer to the investment thesis. As Teslarati reported, Starlink ended 2025 with $10 billion in revenue, a figure analysts project could reach $24 billion by end of 2026.
Wedbush analyst Dan Ives has been vocal in his support. “I think the time is right,” Ives said, adding that the offering expands the Elon Musk ecosystem rather than competing with Tesla. An average 12-month price target of $165 per share represents roughly 22% upside from the IPO price. Not everyone agrees – Motley Fool noted xAI is spending $1 billion per month playing catch-up to OpenAI and Anthropic.
Musk founded SpaceX in 2002 with a single stated purpose. “Elon founded SpaceX with a goal to change humanity, to make us a multi-planet species,” CFO Bret Johnsen said in the company’s retail roadshow video this week. Musk himself has been more direct: “We are building the systems and technologies necessary to provide global connectivity on Earth and beyond, to understand the true nature of the universe, and to extend the light of consciousness to the stars.”
Investor's Corner
Tesla unfolded its first European “folding Supercharger”
Tesla’s folding Supercharger just arrived in Europe and it changes how fast charging expands.
Tesla’s Folding Unit Supercharger has officially landed in Europe, with the company teasing a new installation in its effort for a broader rollout targeting major motorway rest stops across the European continent in Q3 2026. The arrival marks a notable shift in how Tesla is thinking about network expansion, moving from hardware performance alone to engineering the logistics chain itself.
While Tesla did not reveal the exact location for the new folding Supercharger in Europe, the photo shared on X heavily suggests that this maybe somewhere in Norway. Historically, whenever Tesla rolls out an entirely new infrastructure architecture in Europe, whether it was the original Supercharger stalls years ago or these brand-new modular V4 “Folding Units”, Norway is almost always the designated launch pad because of its unmatched EV adoption rate and supportive infrastructure
The Folding Unit, introduced in March 2026, is a factory pre-assembled V4 charging station built on an industrial hinge system mounted to a heavy-duty concrete base. The entire assembly arrives on site ready to unfold and connect. Tesla confirmed the units feature telescopic light poles specifically designed for easy transportation and fast on-site deployment, a detail that signals how carefully the logistics chain has been engineered alongside the hardware itself. The design allows 33% more stalls per delivery truck, cuts installation time roughly in half, and reduces overall deployment costs by more than 20% compared to traditional installations.
Tesla’s newest “Folding V4 Superchargers” are key to its most aggressive expansion yet
Tesla also noted telescopic light poles which provide benefits over traditional Supercharger installations that require fixed-height poles that are awkward to ship, slow to position on site, and often require separate crews and equipment to erect before charging hardware can even be staged. By engineering poles that compress for transit and extend on arrival, Tesla has removed one of the quieter bottlenecks in the physical deployment process. Every hour saved on a light pole installation is an hour redirected toward getting stalls energized. At scale, across dozens of new sites per quarter, those hours add up to a meaningful acceleration in how quickly a location goes from approved permit to serving its first customer.
Each Folding Unit pairs a single V4 power cabinet with eight charging posts. The V4 cabinet delivers up to 500 kW per stall for passenger vehicles and up to 1.2 MW for the Tesla Semi, supporting twice the stalls per cabinet at three times the power density of its predecessor. Longer cables make every new station immediately usable by non-Tesla vehicles, a priority as Tesla continues opening its network to Ford, GM, Rivian, Hyundai, Stellantis, and others.
As Teslarati reported when the Folding Unit was first unveiled, Tesla’s Gigafactory New York produced its final V3 Supercharger cabinet in March 2026 after more than seven years and 15,000 units, completing a full pivot to V4 production. The European arrival of the folding design is the next chapter in that transition.
Faster and cheaper deployment means Tesla can justify building in markets and corridors that were previously too expensive to serve, filling the coverage gaps that have slowed EV adoption outside major urban centers.
First Folding Unit Superchargers in Europe 🇪🇺 https://t.co/KNfYWJukkL pic.twitter.com/YR1udIpH1i
— Tesla Charging (@TeslaCharging) June 10, 2026
Tesla has stunned by gaining yet another approval for its Full Self-Driving suite in Europe, its second in two days and its fifth overall.
Belgium will be the latest country to allow Tesla owners to utilize FSD on public roads in Europe, joining a quickly growing list that started with the Netherlands, Lithuania, and Estonia.
On Tuesday, Denmark announced its approval of the FSD suite, which has now been followed by Belgium just one day later.
The country’s Minister of Mobility, Annick De Ridder, announced the approval on her X account, stating that she had just signed the approval of Tesla FSD. It now goes to the country’s homologation department for the last step of the approval process.
De @Tesla community houdt hier al geruime tijd de vinger aan de pols over de toelating voor de FSD-technologie op onze Vlaamse en Belgische wegen.
Uit waardering voor jullie niet-aflatende interesse (en aanmoediging 😉), krijgen jullie hierbij de primeur: ik heb net de toelating… pic.twitter.com/Yrps4OHTj8— Annick De Ridder (@AnnickDeRidder) June 10, 2026
The Belgian approval is one of mighty importance because it truly shows how quickly countries in Europe could greenlight the FSD suite consecutively. Approvals are already coming in relatively quickly, which is a great sign.
Perhaps the next big development that could come from FSD approvals in Europe is an approval from a country like England, Italy, France, Spain, or Germany. It would be something to see how FSD would perform in a major European metro, such as London, Barcelona, Madrid, Paris, Rome, or Berlin.
Getting Full Self-Driving in Spain and England will be such huge milestones for Tesla. I am so excited to see how FSD performs in Madrid, Barcelona, and London, specifically.
The ultimate test will always be Mumbai or New Delhi. Excited for India’s eventual approval! https://t.co/paw9Ch1qmL pic.twitter.com/9RdDERVSSJ
— TESLARATI (@Teslarati) June 9, 2026
Full Self-Driving does an excellent job of roaming around major U.S. cities like New York and Los Angeles, but other high-profile international cities of significance would truly mark a line in the sand for Tesla, which can simply enable any vehicle in its customer-owned fleet to run FSD with the correct approvals.
SpaceX (SPCX) IPO is live today at $135: Here’s exactly what you need to know
Tesla unfolded its first European “folding Supercharger”
