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SpaceX readies Falcon 9 Block 5s for bi-coastal launches and landings
After several months of preparation behind the scenes, SpaceX’s second and third serial Falcon 9 Block 5 rockets are ready for the first launches of the upgraded vehicle from Vandenberg Air Force Base, CA (VAFB) and Cape Canaveral Air Force Station, FL (CCAFS).
On the calendar for 1:50 am EDT/5:50 UTC July 22 and 4:39 am PDT/11:39 UTC July 25, SpaceX launches of Telstar 19V and Iridium NEXT-7 are set to mark the beginning of a new era for the company, where all future missions will fly with Block 5 hardware upgraded for reusability and reliability and attempt recovery almost without fail.
Three Falcon 9 boosters captured in various states of transport and testing over the last six weeks, two of which are B1047 and B1048. (Teslarati/Tesla Motors Club/Reddit/Facebook)
Bursting out of the expendable rocket cocoon
While it may be the case that an odd launch or two require a booster be expended to prevent schedule delays or carry an exceptionally heavy satellite to an exceptionally high orbit, it’s safe to say that such a mission with Block 5 boosters will be an anomaly. Somewhat iffy comments posted on Reddit recently claimed that Falcon Block 5 boosters would be able to easily (and rapidly) hop between roles as side and center boosters for both Falcon 9 and Falcon Heavy. While wild, those claims, in retrospect, make a lot of sense, even if the reality of Block 5 booster interchangeability was a tad exaggerated.
If SpaceX truly wants to end the practice of expending rocket boosters, – and eventually fairings and upper stages, with any luck – the company will truly need to embrace a strategy that’s long been floated by executives like CEO Elon Musk and COO/President Gwynne Shotwell. That strategy dictates that SpaceX routinely use both Falcon 9 and Falcon Heavy as an almost interchangeable and rocket team capable of launching nearly every orbital payload conceivable today, all while remaining in fully or mostly reusable modes of operation.
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- B1046 returned to Port Canaveral shortly after its May 4 debut, and is now being carefully analyzed as pathfinder hardware. (Tom Cross)
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- OCISLY as seen by Tom Cross on March 5, readying for a busy future of rocket recoveries. (Tom Cross)
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- At the request of a friend, artist David Romax put together a truly jaw-dropping collection of concept art featuring SpaceX’s BFR rocket and its Cargo and Crew spaceships. (Gravitation Innovation/David Romax)
At the moment, educated estimates of Falcon Heavy’s true performance margins with dual booster landings at SpaceX’s Florida landing zones and center core recovery aboard Of Course I Still Love You (OCISLY) suggest that the Block 5 version of Falcon Heavy should be capable of launching every commercial satellite planned or penciled in for launch over the next five years, at a minimum. Finally, while the Falcon family’s fuel choice of high-grade kerosene (RP-1) and liquid oxygen make the rocket far more compact and energy-dense than alternatives, one downside of that choice is a loss of efficiency, although brute-force strength makes FH a competitive beast for all missions beyond Earth orbit (Mars, Venus, Saturn, asteroids, comets, etc).
However, a fully-expendable Block 5 Falcon Heavy seems to be at least 3X as unlikely as an expendable Block 5 Falcon 9. Nevertheless, CEO Elon Musk made it clear that a nominal Falcon Heavy launch where both side boosters were recovered at sea and the center booster expended could accomplish a full ~85-90% of an entirely expendable mission, and for roughly $95m. As such, a combination of reusable Falcon 9s, reusable Falcon Heavys, and ~30%-expendable Falcon Heavys could successfully complete every plausible commercial and non-commercial launch in the world and do so at the lowest cost for the better part of the next five years, at which point the company’s next-gen Big F____ Rocket (BFR) ought to be operational.
Side boosters landing on droneships & center expended is only ~10% performance penalty vs fully expended. Cost is only slightly higher than an expended F9, so around $95M.
— Elon Musk (@elonmusk) February 12, 2018
Telstar 19V and Iridium-7
With any luck, SpaceX’s next two launches will be the first huge step in the direction of that one-stop-shop for competitive transportation to orbit. Teslarati photographer Tom Cross will be setting up remote cameras for the Telstar 19V’s Florida liftoff later this evening, while our West Coast fellow and famed Mr Steven-stalker Pauline Acalin will be setting up her own set of remote cameras for VAFB’s Falcon 9 Block 5 debut on Tuesday.
Static fire test of Falcon 9 complete— targeting July 25 launch of Iridium-7 from Vandenberg Air Force Base in California.
— SpaceX (@SpaceX) July 21, 2018
On the East Coast, drone ship OCISLY has already departed Port Canaveral with a duo of support vessels and a dedicated tugboat, while the West Coast’s Just Read The Instructions (JRTI) will likely take leave of the Port of Los Angeles within 24 hours. Those dual, successful (?) rocket landings will hopefully mark the first of many dozens of missions for F9 boosters B1047 and B1048.
The first Block 5 Falcon 9 lifts off on May 4, 2018. Several more are soon to come. (Tom Cross)
Follow us for live updates, peeks behind the scenes, and photos from Teslarati’s East and West Coast photographers.
Teslarati – Instagram – Twitter
Tom Cross – Twitter
Pauline Acalin – Twitter
Eric Ralph – Twitter
In the world of autonomous ride-hailing, there are only a handful of names. Among those few companies lies a strategy play by each to keep the opposition on their toes. Tesla, on the other hand, already tipped its hand at where it is headed next.
Tesla has signaled its next major push in the autonomous ride-hailing market by filing for an Autonomous Vehicle Network Company permit in Nevada (Docket 26-05015). Through Tesla Robotaxi, LLC, the company seeks approval to operate up to 5,000 robotaxis in Clark County, including high-traffic areas like Las Vegas and Henderson airports, within the first 12 months of launch.
This filing builds on Tesla’s earlier testing approvals from the Nevada DMV in September 2025 and preparations such as maintenance hubs in the Las Vegas area. Nevada represents a strategic expansion into a major tourist destination, where high visitor volumes could drive strong utilization and showcase the reliability of unsupervised autonomy to a broad audience.
We’d have to assume this means Tesla is targeting Las Vegas, and it’s a great move from a business perspective.
Vegas is such a melting pot of people from all around the country and the world. It will expose people from all corners of the globe to Tesla’s autonomy capabilities https://t.co/Qz3fQmhULF pic.twitter.com/Du5pj2RyWC
— TESLARATI (@Teslarati) June 6, 2026
Approval would mark a significant step toward commercial operations in a new state, following progress in Texas.
Tesla’s shareholder decks and earnings calls have clearly outlined these ambitions. In the Q4 2025 shareholder deck, the company listed planned Robotaxi coverage for the first half of 2026, explicitly naming Las Vegas alongside Phoenix, Miami, Orlando, and Tampa, with Dallas and Houston already advancing. Austin was noted as “ramping unsupervised,” while the Bay Area remained in safety-driver mode.
By Q1 2026, the deck updated statuses to reflect launches in Dallas and Houston, with “preparations underway” for the remaining cities, including Las Vegas. Paid Robotaxi miles nearly doubled sequentially in Q1, underscoring momentum even as broader timelines adjusted slightly for regulatory and operational readiness.
On earnings calls, CEO Elon Musk and executives have emphasized a phased rollout prioritizing safety. Unsupervised operations in Texas have shown strong results with no reported accidents or injuries in the program. Tesla continues groundwork in additional major U.S. metros through testing and permitting, positioning it to scale quickly once approvals clear.
This Nevada move aligns with Tesla’s vision of transforming from an EV maker into an AI and robotics leader. The forthcoming Cybercab, which started production at Giga Texas in April, is expected to eventually dominate the fleet, replacing many Model Y vehicles and driving down costs to enable affordable rides.
For investors and the industry, this signals Tesla’s intent to dominate key Sun Belt and tourist markets where weather, regulations, and demand favor rapid scaling. Success in Las Vegas could validate the model for denser urban and high-tourism environments, accelerating the shift toward a future where robotaxis generate meaningful revenue.
Las Vegas will also expand knowledge among the general public at Tesla’s capabilities, helping people experience driverless ride-hailing from several companies during their time on The Strip.
The Tesla Model 3’s cheapest trim level just got a major accolade, as Edmunds just revealed the Rear-Wheel-Drive trim of the all-electric sedan is the most efficient EV that is currently in production.
The 2026 Tesla Model 3 Rear-Wheel-Drive not only beat its EPA-estimated range by 30 miles, but it also bested its efficiency mark by 13.2 percent. The Model 3 tested by Edmunds traveled 393 miles, beating its EPA rating by 8.3 percent, while it returned 21.7 kWh per 100 miles, or 4.61 mi/kWh.
Beating those two metrics is especially pertinent when it comes to EV ownership and driving down the cost of ownership from ICE counterparts across the board. The real money savings come from driving down the cost of driving per mile, especially when it comes to high-mileage driving.
Edmunds stated in its report and review that the process it uses to test EV efficiency is aimed at giving “the most accurate representation of a car’s real-world range.” The assessment uses a strict route that features 60 percent city and 40 percent highway driving, and an average speed of 40 MPH across the trip.
It also drives each car within 5 MPH of all posted speed limits, and the climate control is set on Auto at 72 degrees to ensure even testing. In other words, Edmunds does not use methods to maximize efficiency, and instead tries to make it reasonable to achieve the same ratings yourself.
In comparison to other EVs, it beat the 2026 Mercedes-Benz CLA 350, which went 385 miles, as well as the 2026 Audi A6 Sportback E-tron Prestige AWD, which traveled 392 miles. Only the Mercedes-Benz CLA 250+ traveled farther, making it an impressive 434 miles on a charge.
However, the Tesla Model 3 RWD’s efficiency is “unmatched” because of its incredibly low energy usage per mile.
🚨 Tesla Model 3 RWD:
-At $36,990, it is $9,000 cheaper than the average transaction price for a new car ($46,023 via KBB)
-Was 13.2% more efficient than its EPA estimate
-Traveled 393 miles on a charge despite its 363-mile EPA range https://t.co/Grov2hXqpa pic.twitter.com/Zl8rnZZLIB
— TESLARATI (@Teslarati) June 8, 2026
The Model 3 Rear-Wheel-Drive might be the best bang-for-your-buck EV if you’re looking to buy new and want access to features like Full Self-Driving, while also being aware of efficiency. This trim of the Model 3 is also priced over $9,000 cheaper than what Kelley Blue Book says the average transactional price for a new car was in May 2026, which sits at $46,023.
If you’re looking for something with more speed, an All-Wheel-Drive drivetrain, or more premium features, the Premium trims of the Model 3 currently come with one year of Free Supercharging.
The Ontario Teachers’ Pension Plan (OTPP) stands to reap one of the most extraordinary returns in pension fund history thanks to a bold 2019 investment in SpaceX.
According to a recent report from The Globe and Mail, the Toronto-based fund invested roughly $300 million CAD (~$220 million USD at the time) in Elon Musk’s space company as its inaugural deal through the Teachers’ Innovation Platform.
At SpaceX’s anticipated $1.75 trillion IPO valuation, set for a mid-June debut on Nasdaq under ticker $SPCX, that stake could now be worth up to $11.6 billion USD. This would represent a roughly 50x return and easily become OTPP’s most successful single investment ever.
The fund manages $279 billion in assets for approximately 346,000 working and retired teachers in Ontario, potentially delivering an average boost of around $33,500 per member if fully realized.
SpaceX has filed its S-1 and plans to price shares at $135 each, aiming to raise a record $75 billion in what would be the largest IPO in history, surpassing Saudi Aramco. The company reported $18.67 billion in revenue for 2025, driven primarily by Starlink satellite internet growth and NASA contracts, though it continues to post significant losses tied to ambitious R&D in Starship and AI initiatives.
Important pieces moving forward include:
- Starlink Expansion: The satellite broadband service is scaling rapidly, targeting global connectivity, especially in underserved rural and remote areas. This segment offers massive recurring revenue potential as numbers climb.
- Starship and Reusability Leadership: SpaceX’s fully reusable Starship aims to slash launch costs dramatically, enabling frequent missions, Mars ambitions, and lucrative government/defense contracts. Success here could unlock exponential growth.
- AI and Diversification: Recent moves, including ties to xAI, position SpaceX in high-growth AI infrastructure, broadening beyond traditional aerospace.
- Validation Scrutiny: While the $1.75 trillion target excites investors, analysts like Morningstar value the company closer to $780 billion, citing high multiples (around 90x trailing revenue) and execution risks. A 180-day lockup period will prevent early investors like OTPP from selling immediately post-IPO.
The irony has not been lost on observers. Ontario’s government previously canceled a Starlink rural internet contract amid political tensions involving Musk, yet the pension fund’s savvy investment, made when SpaceX was valued around $33-36 billion, and Starlink was nascent, delivers outsized gains independent of politics.
For OTPP, this windfall strengthens its already solid 111 percent funding ratio and underscores the value of patient, innovation-focused capital allocation.
For SpaceX, the IPO marks a new chapter: greater transparency, access to public markets for talent retention and growth capital, and heightened pressure to deliver on its multi-planetary vision.
All eyes are fixed on whether SpaceX can justify its lofty valuation through sustained execution. For Ontario teachers, the returns are already stellar, but SpaceX, like other Musk companies in the past, has plenty of things to prove. Perhaps the most ideal person for the job is at the helm, hoping to bring the company to a massive valuation.
Tesla tipped its hand at where Robotaxi is heading next
Tesla Model 3’s cheapest trim just got a major accolade
