News
SpaceX Falcon 9 fires up ahead of second to last 2019 launch and landing
SpaceX has successfully static fired a Falcon 9’s booster engines ahead of its second to last launch and landing of 2019, on track to make December the company’s busiest month of the year.
About a month after successfully lofting 60 Starlink satellites and 11 days after sending Cargo Dragon on its way to the ISS for CRS-19, SpaceX has two more launch scheduled in 2019: Kacific-1 no earlier than (NET) December 16th and Starlink-2 NET December 30th.

For SpaceX, the turn of the decade will mark the end of an historic year – let alone decade – of milestones for the intrepid commercial space company, including achievements like’s Crew Dragon flawless orbital launch debut, the fourth flight of a refurbished Falcon 9 booster, the first-ever reuse of a flight-proven payload fairing, and a duo of spectacular Starhopper flight tests to name just a few.
First up, SpaceX will fly twice-flown Falcon 9 booster B1056.3 for the third time. B1056.3 previously supported CRS-17 and CRS-18, back to back Cargo Dragon space station resupply missions for NASA. Currently targeting a Monday, December 16th launch, SpaceX is set to place the jointly-owned JCSAT-18/Kacific-1 broadband communication satellite for Japan’s Sky Perfect JSAT Corp. and Singapore’s self-proclaimed “next-generation broadband satellite operator”, Kacific Broadband Satellites.
According to a Kacific, after deploying from Falcon 9 and circularizing into a geostationary orbit some 22,000 miles (36,000km) over the Asia-Pacific region, the JCSAT-18/Kaficic-1 satellite “will stream broadband to 25 nations in South East Asia and the Pacific Islands via 56 spot beams.” All told, the satellite will offer a maximum bandwidth of 70 gigabits per second (Gbps) with each spot beam serving up to 1.25 Gbps.
Kacific was founded in 2013 by CEO Christian Patouraux to provide desperately needed communication services to the Asia Pacific region, “where high prices and unsuitable technology were prohibiting access.” Kacific looks to “provide high speed, affordable and accessible internet to extra-urban, rural, and remote users” with Kacific-1, the company’s first (partially) dedicated satellite.
Ahead of Monday’s launch attempt, the JCSAT-18/Kacific-1 satellite was fully encapsulated inside Falcon 9’s payload fairing, both halves of which SpaceX will try to catch with recovery vessels GO Ms. Tree and GO Ms. Chief in what will be the company’s first simultaneous catch attempt ever. Meanwhile, B1056 has its own recovery attempt penciled in and drone ship Of Course I Still Love You (OCISLY) departed Port Canaveral on December 12th, headed ~650 km (400 mi) downrange. OCISLY arrived at its recovery zone earlier today, as did Ms. Tree and Ms. Chief, now stationed about 140 km (90 mi) further East.
As per usual, Falcon 9 B1056.3 and its expendable upper stage performed a wet dress rehearsal (WDR) and static fire, identical to launch operations minus the rocket actually lifting off. The Kacific-1 mission’s December 16th launch trajectory allows for an 88-minute window from 7:10 pm – 8:38 pm EST (0010-0138 UTC, December 17) and weather forecasts are currently 90% go.
As mentioned, twin fairing recovery vessels GO Ms. Tree and GO Ms. Chief departed Port Canaveral on December 13th in a bid to attempt their first simultaneous Falcon fairing recovery, meaning that each ship will attempt to catch one parasailing fairing half. This mission is technically the second time both ships have port left together for a recovery, but their first whole-airing catch attempt was called off before it could start due to rough seas and high winds in the Atlantic Ocean. Prior to being rechristened Ms. Tree, Mr. Steven suffered severe damage during a planned February 2019 catch attempt, losing its net and two of four arms after the ship was caught in high seas.

Following Kacific-1, SpaceX’s final launch of 2019 – barring delays – will likely be the company’s second dedicated Starlink v1.0 mission, a 60-satellite payload that will almost certainly make SpaceX the world’s largest commercial satellite operator. Starlink-2 is scheduled to launch NET December 30th.
SpaceX will stream Falcon 9’s Kacific-1 launch and landing and the webcast will kick off some 15 minutes before liftoff, NET 6:55 pm ET (23:55 UTC), December 16th.
Check out Teslarati’s newsletters for prompt updates, on-the-ground perspectives, and unique glimpses of SpaceX’s rocket launch and recovery processes.
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
News
Tesla stuns with another FSD approval in Europe, its second in two days
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.