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SpaceX rocket boosters line up in port for the first time after back-to-back launches
For the first time ever, two SpaceX Falcon 9 boosters – fresh off of two successful Starlink launches and landings – have met back at Port Canaveral, creating the first rocket ‘traffic jam’ of its kind.
On March 11th, Falcon 9 booster B1058 stuck its sixth launch and landing after supporting SpaceX’s sixth dedicated Starlink launch (Starlink-20) this year. 74 hours later, a separate Falcon 9 rocket lifted off from SpaceX’s second East Coast launch pad, successfully sending another batch of 60 Starlink satellites (Starlink-21) on their way to orbit. For its role in the mission, booster B1051 became the first Falcon first stage to launch and land nine times – just one shy of a ten-flight rocket reusability goal SpaceX has been chasing for years.
Now, aside from setting the new standard for Falcon reusability, placing 120 satellites into orbit in three days, and breaking SpaceX’s record for the shortest turnaround between two East Coast launches, the back-to-back Starlink launches have left both Falcon 9 boosters in the right place and right time to cross paths as they prepare for future flights.
As SpaceX began to ramp up its orbital launch cadence – largely thanks to Starlink – throughout 2020, it become clear that the company would eventually start to find new pressure points as it pushed its fleet of reusable rockets and their recovery assets to new limits. In 2021, that intentional exertion of stress across the broader SpaceX launch ‘pipeline’ has become even clearer.
A mere 10 weeks into 2021, SpaceX has already completed eight orbital launches, averaging one mission every nine days or 40 launches per year if extrapolated through the end of 2021. Just two days prior to Falcon 9 booster B1058’s arrival back at Port Canaveral after its successful Starlink-20 launch, Falcon 9 booster B1049 – last tasked with launching Starlink-17 on March 4th – wrapped up its port processing and was transported by road back to Cape Canaveral Air Force Station (CCAFS) or Kennedy Space Center (KSC) to prepare for its ninth flight.
At that point, it became clear it was just a matter of time before two boosters would simultaneously occupy SpaceX’s Port Canaveral berths. Two days later, record-breaking Falcon 9 booster B1051 arrived back in port and was greeted by booster B1058 – legs retracted, standing vertical, and waiting to be ‘broken over’ (brought horizontal) for transport.
It’s hard to imagine a better or (pardon the buzzword) more synergistic pair of boosters to appear in port together. On their separate launch debuts, Falcon 9 B1051 supported Crew Dragon’s spectacularly flawless uncrewed launch debut, while Falcon 9 B1058 became the first private rocket in history to launch US astronauts 14 months later. Known as Demo-1 and Demo-2, those two missions collectively mark arguably the most significant milestone in the history of modern US spaceflight, ending a decade-long period where the US was unable to launch its own astronauts.
Just a week after the rocket’s 2019 Demo-1 launch debut, Falcon 9 B1051 is SpaceX’s new booster fleet ‘life leader’ (the most-flown rocket) after averaging one launch ever 11 weeks for the last two years. Aside from supporting Cargo Dragon 2’s launch debut last December, Falcon 9 B1058 has flown six times, averaging an even more impressive one launch every eight weeks. Together, the two boosters have aced 15 orbital-class launches roughly 190 metric tons of satellites and Dragon spacecraft into orbit in their two-year career, significantly more than the maximum payload of Saturn V – the largest rocket to successfully launch.
Falcon 9 B1051 could reportedly fly for the tenth time as early as April 2021.
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”
