Years before the space agency’s flagship Europa Clipper mission is scheduled to lift off, NASA and SpaceX are already determining the specifics of the launch – including which Falcon Heavy boosters will support it.
On July 23rd, 2021, after years of rumors, NASA officially announced that it no longer planned to launch Europa Clipper on its own SLS rocket and would instead contract with SpaceX to send the spacecraft to Jupiter on a Falcon Heavy. In terms of sheer prestige, no other mission on Falcon Heavy’s manifest comes close. Expected to weigh around six tons (~13,000 lb), Europa Clipper is a building-sized spacecraft that aims to orbit Jupiter for years, performing dozens of flybys of the planet’s icy moons – several of which almost certainly have liquid oceans.
Europa – the mission’s namesake – is its primary focus and whether or not the funding or political motivation for such an ambitious mission transpires, Europa Clipper was always partially meant to be a scouting mission for a nuclear-powered lander. On its own, though, Clipper has already blown past its original $2B budget target from 2013 and is now on track to cost more than $4.5B, making it the most expensive NASA mission currently in development – second only to the ~$9B James Webb Space Telescope (JWST). In other words, NASA is entrusting SpaceX to launch what is perhaps the most expensive mission to the outer solar system in the history of planetary exploration.
That makes it all the more noteworthy that NASA has already given the okay for SpaceX to plan to launch Europa Clipper on a Falcon Heavy rocket with at least two of its three boosters already flight-proven. According to mission scientist Bob Pappalardo, Clipper Mission Design Lead Brett Buffington revealed in spacecraft “System Integration Review” that SpaceX intends to reuse two Falcon Heavy side boosters that are currently scheduled to debut as early as next year on a different NASA mission. Known as Psyche, that mission – also scheduled to fly on Falcon Heavy – is scheduled to launch no earlier than (NET) August 2022 and is designed to explore an asteroid that’s believed to be almost entirely composed of metal.
With Europa Clipper scheduled to launch NET October 2024, that undoubtedly makes this the earliest a Falcon booster assignment has ever been confirmed – and probably the earliest SpaceX itself has assigned flight-proven boosters to a specific mission. It also makes those particular boosters quite special. Unlike Psyche, which will leave plenty of margin for SpaceX to recover at least two of Falcon Heavy’s three boosters, Europa Clipper will need almost every ounce of performance the rocket can give to send the much larger spacecraft much faster and further. Barring a major surprise, that means that Falcon Heavy will launch Europa Clipper in a fully expendable configuration.
For SpaceX, being able to use at least two flight-proven proven boosters on that expendable mission will make expending two Falcon Heavy boosters – which are otherwise capable of launching at least ten times in their lifetimes – a much easier pill to swallow. For NASA, the space agency is likely already familiar with the reality that flight-proven hardware actually improves schedule confidence, which is crucial for a mission like Europa Clipper thanks to its 21-day launch window.
Nonetheless, it does still raise the question of whether NASA will allow SpaceX to fly Psyche’s Falcon Heavy side boosters once or even twice more in the more than two years they’ll otherwise have to spend in storage between Psyche and Europa Clipper. A Falcon Heavy rocket is currently scheduled to launch a commercial Moon lander and NASA’s VIPER Moon rover as early as Q4 2023. Most recently, NASA purchased a Falcon Heavy to launch NOAA’s GOES-U weather satellite NET Q2 2024. In 2022 alone, SpaceX also has at least three other non-NASA missions scheduled to launch before Psyche, raising another possibility that Psyche itself might fly on once-flown boosters that would then fly a third, fourth, or even fifth time with Europa Clipper.
That might seem like an unlikely possibility but NASA has already shown that it’s happy to launch Cargo Dragons on boosters with multiple non-NASA missions in their pasts and will soon launch DART – an asteroid impact spacecraft – on another Falcon booster that last launched Starlink satellites. Additionally, with Arabsat 6A and STP-2, SpaceX already demonstrated in 2019 that it can launch Falcon Heavy, recover its two side boosters, and relaunch those same boosters on a different Falcon Heavy mission less than two months later – and for the US military, no less.
Elon Musk has firmly denied recent media reports suggesting that SpaceX has reduced its target valuation for an upcoming initial public offering.
The denial came directly from the SpaceX and Tesla frontman on his social media platform X, where he responded with a single word, “False,” to a post from ZeroHedge that cited Bloomberg sources.
This swift rebuttal underscores Musk’s ongoing effort to manage speculation surrounding one of the most anticipated market debuts in recent history.
False
— Elon Musk (@elonmusk) May 29, 2026
According to the disputed reports, SpaceX had lowered its IPO valuation goal to at least $1.8 trillion from previous ambitions exceeding $2 trillion.
The claims emerged amid growing anticipation for the company’s confidential S-1 filing, which positions it for a potential public listing as early as June.
Some had pointed to strong revenue growth, particularly from the Starlink satellite internet service, which contributed heavily to the firm’s 2025 figures of $18.7 billion. Yet challenges persist in other areas, including substantial investments and losses tied to ambitious projects like Starship development and artificial intelligence initiatives, which plan to make life multiplanetary eventually.
Musk’s response highlights a pattern in which he actively counters what he views as inaccurate portrayals of his companies’ trajectories.
SpaceX, already valued privately at extraordinary levels, stands as a cornerstone of Musk’s empire alongside Tesla and xAI. The entrepreneur has long emphasized the transformative potential of reusable rockets and global broadband access, factors that fuel investor enthusiasm despite operational hurdles.
By rejecting the valuation downgrade narrative, Musk signals confidence in SpaceX’s fundamentals and its readiness for public markets on terms favorable to its long-term vision. People have been waiting a very long time to invest in SpaceX, and the valuation, as well as the introductory share price, is not going to need adjusting.
They’ll have plenty of suitors.
This episode reflects broader dynamics in the technology sector, where rumors often swirl around high-profile entities. Musk’s direct engagement with media narratives serves to maintain transparency and control the narrative around his ventures.
As SpaceX prepares for greater scrutiny in public markets, the founder’s denial reinforces optimism about its prospects. Supporters argue that the company’s innovative edge positions it for enduring success, far beyond short-term valuation debates. With the denial now public, attention turns to forthcoming regulatory filings that could provide clearer insights into SpaceX’s strategy and financial health.
The coming weeks promise to reveal more about how SpaceX will transition into a publicly traded powerhouse.
Tesla’s dreams of operating a fully autonomous ride-hailing platform just took a massive step toward reality, as two separate events have indicated the company is perhaps closer than ever to achieving self-driving as a product.
On Thursday, Tesla was granted authorization by the State of Texas to operate driverless vehicles in a commercial manner. On May 28, Senate Bill 2807, passed by the 89th Texas Legislature, took effect after being passed back on September 1, 2025.
The bill establishes a statewide regulatory framework requiring authorization from the Texas Department of Motor Vehicles for companies to operate automated vehicles commercially on Texas roads.
This covers driverless, or SAE Level 4+, operations for passenger transport, meaning Robotaxi, or freight.
Tesla and other companies can self-certify their vehicles and tech as long as they:
- Operate in compliance with Texas traffic laws
- Maintain proper registration, title, and insurance
- Use compliant automated driving systems
- Record onboard activity and handle system failures and glitches safely.
The new authorization, which was first reported by James Stephenson on X, allows companies to utilize their own processes to determine if their vehicles are ready to operate without drivers.
🚨BREAKING:
Tesla has been authorized by the State of Texas to operate driverless vehicles commercially under the new law that took effect today, May 28th, 2026. Tesla has officially self-certified the software running on its robotaxis as Level 4. $TSLA pic.twitter.com/KSJdsvlaW5— James Stephenson (@ICannot_Enough) May 28, 2026
It is a rule that expedites the entire approval process, keeping agencies out of a usually long, lengthy, and frustrating task that is essential to technological advancements. It essentially means Tesla can launch commercial Robotaxi operations at this point.
On the very same day, Tesla continued the momentum as CEO Elon Musk shared a video of Cybercab units autonomously driving off the property at Gigafactory Texas. This is a major step in the story of the Cybercab.
Mass production of the Cybercab started at Giga Texas in April, and it is already heading out of the factory on its own.
Cybercab driving itself out of the GigaTexas factory pic.twitter.com/EwAMVVDjYy
— Elon Musk (@elonmusk) May 28, 2026
These two major events mark a drastic step forward in Tesla’s progress toward Cybercab and the permissions it needs to operate a self-driving ride-hailing service. Tesla is now able to operate autonomously under Texas law by self-certifying, and with the potentially imminent rollout of Cybercab, Tesla’s autonomous dreams are starting to take serious shape.
Elon Musk
The Tesla and SpaceX merger everyone is talking about is quietly building
Tesla and SpaceX may be closer to merging than Wall Street or either company is admitting.
Elon Musk has reportedly discussed merging Tesla and SpaceX with people close to him, according to CNBC, which cited sources familiar with the conversation. Tesla employees have long expected such a transaction and the topic is openly discussed internally, according to internal sources. With SpaceX is days away from kicking off its Wall Street roadshow for what could be the largest IPO in market history, this would be the first time the company will have public market currency to execute a stock-for-stock deal with Tesla.
The financial logic for a merger would make sense. A combined SpaceX and Tesla would create a conglomerate spanning rockets, satellites, electric vehicles, AI infrastructure, and energy storage valued at roughly $3.35 trillion to $3.6 trillion based on SpaceX’s IPO target range and Tesla’s current market capitalization. The two companies are already more intertwined than most people realize. SpaceX bought $697 million worth of Tesla Megapack systems for xAI data centers and $131 million worth of Cybertrucks. Tesla invested $2 billion in xAI, which subsequently merged with SpaceX. Past transactions also include Tesla selling solar equipment and parts to SpaceX, and SpaceX helping with Cybertruck materials.
Will Tesla join the fold? Predicting a triple merger with SpaceX and xAI
Musk himself signaled where this was heading in November 2025 when he posted on X, “My companies are, surprisingly in some ways, trending towards convergence.” Tesla and SpaceX announced a joint semiconductor fabrication facility in Austin called Terafab on the Gigafactory Texas campus, covering two advanced chip factories, with one serving Tesla’s AI needs for vehicles and Optimus robots, the other targeting space-based data centers under SpaceX’s infrastructure vision.
Wedbush analyst Dan Ives places the probability of a merger at 80% to 90% with a target completion in the first half of 2027. The mechanics of a deal became possible the moment SpaceX filed its S-1. Legal experts said a merger likely would not spark antitrust issues but would raise concerns among shareholders in each company, with questions around which company would be the parent, how a stock swap would take place, and who determines the appropriate price. Musk holds about 20% of Tesla’s equity but controls 85.1% of SpaceX’s voting power through a super-voting share class, meaning he would largely be negotiating the terms with himself.
Not everyone is convinced the timing is imminent. Traders on Kalshi place only 33% odds that a merger will happen before May 2027. The more immediate concern for Tesla shareholders is whether the SpaceX IPO pulls capital and Musk’s attention away from Tesla before any merger consolidates the upside for both.
What is clear is that the structural groundwork is already being laid. The Terafab announcement, the xAI merger, the shared supply chain, the cross-company balance sheet transactions, and now the IPO all point in the same direction. Whether the merger follows in 2027 or later, the two companies are already operating more like divisions of a single entity than independent competitors.
Elon Musk strikes down reports on SpaceX IPO rumors
Tesla’s Robotaxi dreams just took a massive step toward reality
