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SpaceX Falcon 9 briefly incinerates itself after another successful mission
SpaceX completes 16th launch of 2017, aims for at least 19 before year’s end
Following the successful separation of Koreasat 5A from SpaceX’s Falcon 9 second stage, the rocket company has completed its 16th flawless mission of 2017. Several launches still remain in the 2017 manifest, leaving SpaceX with as many as 20 successful launches this year if all goes as planned, and this bodes well for SpaceX’s 2018 goal of 30 or more missions.
- Talented photographer Tom Cross documented the launch in person for Teslarati and produced some gorgeous shots. (Tom Cross/Teslarati)
- Plenty more to come! (Tom Cross/Teslarati)
Currently coasting in a comfortable geostationary transfer orbit after a wild ride aboard Falcon 9, the launch of Koreasat 5A exemplifies SpaceX’s ever-maturing expertise and comfort with rapid and routine launches and booster recoveries. Falcon 9 is also clearly maturing as a launch system, and has not suffered launch scrubs since the launch of Intelsat 35e in early July. Following first stage separation, Falcon 9 1042 made its way back to Earth and landed aboard Of Course I Still Love You, stationed approximately 350 miles off the East coast of Florida. This marks the 19th successful landing of a Falcon 9 first stage.
Despite suffering some apparently significant fire damage after the recovery of SES-11’s Falcon 9 earlier this month, OCISLY was repaired and sent back into action, performing admirably during its recovery of Koreasat 5A’s Falcon 9 core 1042. The booster may be less than thrilled, as it was captured on camera catching fire just after landing, potentially prematurely removing the possibility of future re-flights if the damage is too severe. SpaceX’s Falcon 9 is effectively a controlled explosion powered by liquid oxidizer and refined kerosene, and boosters cant exactly be faulted for incinerating themselves and their surroundings every once and awhile, although SpaceX almost certainly strives to prevent major fires as much as possible.
- What a beautiful day for a rocket landing! (SpaceX)
- 1042’s propellant purge became increasingly toasty… (SpaceX)
- And the booster finally got some respite from the fire, thanks to OCISLY’s water gun. (SpaceX)
- Talented photographer Tom Cross documented the launch in person for Teslarati and produced some gorgeous shots. (Tom Cross/Teslarati)
SpaceX’s largest customers buy into reusability
On top of another successful mission, the last week was accompanied by a flurry of revelations regarding SpaceX’s near-term plans. Earlier today, NASASpaceflight.com revealed information it was provided indicating that NASA has cleared Cargo Dragon missions for launch aboard recovered SpaceX rockets. This is an immensely important achievement that cannot be understated. NASA is SpaceX’s largest and most valuable customer, and SpaceX conducts an array of launches each year for the agency’s Commercial Resupply Services program.
While we wait for official confirmation from NASA itself, we can now look forward to at least two more Falcon 9 reuses in the final two months of 2017, both scheduled for launches in December. CRS-13, aiming for an early December launch, is now expected to use the same Falcon 9 booster that launched CRS-11 in June 2017. On the West coast, Iridium has also agreed to launch several NEXT missions aboard reused Falcon 9s, with the NEXT-4 mission now scheduled to launch from Vandenberg Air Force Base aboard the booster that helped lift the Iridium NEXT-2 payload in June 2017.
All things considered, this is an extraordinary accomplishment. In the first year of commercial reuse, SpaceX has already accomplished three successful missions aboard reused hardware, and is likely to make that five missions before the year is out. There is also a small chance that Falcon Heavy will launch later this year, itself composed of two refurbished boosters and one new booster. The future is looking undeniably bright for SpaceX’s program of rocket reusability.
Elon Musk
President Trump touts new Air Force One with Musk technology
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.
News
Tesla Cybercab launch is imminent after latest sighting at Giga Texas
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.
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Elon Musk says this part of Tesla ‘makes no sense’
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.






