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SpaceX Falcon 9 rocket aces first launch of dozens planned this year
A SpaceX Falcon 9 rocket has aced the first launch and landing of dozens planned by the company in 2021, kicking off what could be an unprecedentedly productive year.
Lifting off at 9:15 pm EST around 45 minutes into a four-hour window, SpaceX’s first mission of the year was tasked with delivering the ~3500 kg (7700 lb) Turksat 5A communications satellite to an elliptical geostationary transfer orbit (GTO) measuring roughly 200 km (~125 mi) to 36,000 km (22,500 mi) above the Earth’s surface.* Designed and built almost entirely by Europe’s Airbus Defence and Space for Turkey, the satellite is meant to expand and upgrade communications services over wide swaths of Africa, Europe, the Middle East, and Turkey itself.
*SpaceX actually appears to have delivered Turksat 5A to what is known as a supersynchronous GTO, meaning that the apogee (furthest point from Earth) is much higher than geostationary orbit. In the case of Turksat 5A, thanks to its relatively low launch mass, Falcon 9 was able to deploy the satellite into a healthy ~290 km by ~55,000 km (180 mi x 34,000 mi) transfer orbit. In doing so, SpaceX will have substantially cut the amount of time and/or delta V (propellant) Turksat 5A will take to circularize into its operational orbit (35,786 km x 35,786 km).
It’s believed that Turksat 5A will be used to some extent for Turkish military communications, raising controversy in light of the country’s conscious decision to directly aid the aggressor responsible for igniting the brief but bloody 2020 Nagorno-Karabakh War. Controversy aside, Turksat 5A will now spend the next several months gradually raising its perigee (the lowest point of its orbit) until the satellite arrives at an operational geostationary orbit, where its health will be verified before entering service.
Although a key ground station used for telemetry, tracking, and communications (TT&C) was down during most of the second half of the mission, Falcon 9’s autonomous upper stage performed flawlessly. The orbital vehicle confirmed the completion of a successful orbit-raise maneuver once contact was made with SpaceX’s next ground station, followed by a smooth deployment of the Turksat 5A satellite around 33 minutes after liftoff.
For Falcon 9, Turksat 5A was booster B1060’s fourth launch in six months and represented the SpaceX’s 50th booster reuse since March 2017. B1060 performed as expected throughout the launch, shutting down and separating from the second stage two and a half minutes after liftoff traveling 2.3 km/s (1.5 mi/s), coasting to an apogee well above the Karman Line (100 km/62 mi), reentering Earth’s atmosphere, and touching down on drone ship Just Read The Instructions (JRTI) after 8.5 minutes in flight.
The Turksat 5A mission also marked the second time SpaceX has used a flight-proven Falcon payload fairing on a commercial satellite launch, while it was also the first time in several months that both twin fairing recovery ships Ms Tree and Ms Chief were deployed on the same mission. SpaceX says only Ms Chief was scheduled to attempt a fairing catch, while Ms Tree would instead try to scoop its assigned half out of the Atlantic Ocean.
SpaceX has three more Falcon 9 launches scheduled this month, including its first dedicated Smallsat Program mission – known as Transporter-1 – NET January 14th and two Starlink missions – V1 L16 and V1 L17 – sometime in the second half of the month.
President Donald Trump unveiled an upgraded Boeing 747-8 at Joint Base Andrews on June 19, 2026, describing the Qatar-gifted aircraft as an interim Air Force One equipped with advanced communications systems, including Starlink, Elon Musk’s SpaceX satellite internet service.
The plane, valued at around $400 million and modified for presidential use, serves as a bridge until the delayed VC-25B replacements arrive. Trump highlighted its luxury features and new technology during remarks to service members.
Trump stated:
“We have communication equipment up there that nobody’s ever seen before. It’s the highest level and, uh, including Starlink. My friend Elon is going to be very happy, but, uh, Starlink and we have, uh, four or five different sets of double and triple communications like people haven’t seen.”
He added:
“And it represents what can happen with hard work, innovation, and aggressive timelines because we did this quickly and yet there’s never been communication like is on this plane.”
🚨 President Trump confirmed today that the new Air Force One is equipped with Starlink:
“We have communication equipment up there that nobody’s ever seen before, it’s the highest level and including Starlink…my friend Elon is going to be very happy.” pic.twitter.com/IhkDmtr5hL
— TESLARATI (@Teslarati) June 20, 2026
The aircraft features a redesigned red, white, and blue livery and has been outfitted with Starlink satellite connectivity alongside other secure systems.
Trump praised the plane’s uniqueness, calling it among the world’s most luxurious. The gift from Qatar and subsequent modifications have drawn attention, with the jet positioned as a solution for presidential travel. It is expected to support operations, including potential ceremonial roles such as Fourth of July flyovers.
The event marked the formal introduction of the converted jet, which will help maintain capabilities while the primary Air Force One fleet undergoes modernization. Defense observers note the inclusion of commercial satellite technology like Starlink as part of efforts to ensure resilient communications, crucial to keep the country running as the President is in the sky.
President Trump’s comments underscored appreciation for rapid upgrades and innovation in equipping the aircraft. The plane remains a U.S. government asset and is slated for eventual transfer related to presidential library purposes after its service.
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.
President Trump touts new Air Force One with Musk technology
Tesla Cybercab launch is imminent after latest sighting at Giga Texas
