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SpaceX completes Falcon 9 test fire, space station supply mission up next
After almost exactly 15 months of dormancy, SpaceX’s Launch Complex 40 (LC-40) came to life with the roar of nine Merlin 1D rocket engines as Falcon 9 1035 conducted its second pre-launch static fire in preparation for the company’s 13th Commercial Resupply Services mission, CRS-13. Previously tasked with the launch of the CRS-11 Cargo Dragon, the booster completed its mission and returned safely to Landing Zone-1 (LZ-1) on June 3 2017. The path towards LC-40’s reactivation has delayed the launch approximately one week, but December 6th’s successful static fire bodes well for the current launch date, 11:46 AM on December 12.
Static fire test of Falcon 9 complete—targeting launch of CRS-13 on December 12 from Pad 40, followed by launch of Zuma from Pad 40 in early January.
— SpaceX (@SpaceX) December 6, 2017
On September 6 2016, LC-40 was effectively destroyed over the course of the Amos-6 failure. In months that followed, SpaceX reactivated LC-39A in order to continue chipping away at the company’s launch manifest, but also began the slow process of damage assessment and reconstruction of LC-40. It is safe to assume that almost every single component of the ground support equipment (GSE) was completely replaced, and interviews with Cape Canaveral’s 45th Space Wing commander suggest that SpaceX went further still, transforming the painful situation into an opportunity.
In an exclusive and frank conversation between Brig. Gen. Wayne Monteith and Florida Today’s Emre Kelly, the commander suggested that extensive design changes and additional hardening measures implemented during reconstruction are expected to make LC-40 exceptionally resilient to the rigors of rocket launches. Most tellingly, if perhaps overly optimistic, Monteith estimated that a second vehicle failure on the order of Amos-6 might only take two months to recover from, compared to the 15 months that followed Amos-6. He attributed this claim to GSE that is now largely buried underground, theoretically protecting the vast apparatus of hand-welded piping necessary to fuel the Falcon 9 launch vehicle. The replacement Transporter/Erector/Launcher (TEL) tasked with supporting Falcon 9 during integration and launch also appears to have been modernized, and will likely end up looking quite similar to the monolithic white TEL that resides at LC-39A.
Rocket and spacecraft for CRS-13 are flight-proven. Falcon 9’s first stage previously launched SpaceX’s eleventh resupply mission for @NASA, and Dragon flew to the @Space_Station in support of our sixth cargo resupply mission. pic.twitter.com/RY4F2TrWO2
— SpaceX (@SpaceX) December 6, 2017
With CRS-13’s static fire now complete, the mission is set to become the fifth operational reuse of a flight-proven Falcon 9 booster in 2017, thanks to NASA’s unusually rapid acceptance of the new practice. Further still, if Iridium-4’s December 22 launch date holds, and it does look to be stable for the moment, SpaceX will rather incredibly have conducted five commercial reuses of a Falcon 9 in its first year of operations, meaning that one third of SpaceX’s 2017 missions will have launched aboard flight-proven boosters. Also impressive is SpaceX’s full-stop move towards the reuse of Cargo Dragon capsules, and the company stated over the summer that it was hoping to almost completely redirect Cargo Dragon’s manufacturing facilities towards Dragon 2, also known as Crew Dragon. This was most recently reiterated several months ago and is presumed to still be the company’s goal moving forward, and CRS-12 is believed to have been the last “new” Cargo Dragon that will fly. CRS-13’s Dragon previously flew the CRS-6 mission in April 2015.
Photos shared privately with the author show CRS-13’s Falcon 9 to be covered in a graceful layer of soot from its previous recovery, similar in appearance to Falcon 9 1021 seen above. (Instagram/bambi_mydear)
In a December 6 tweet, SpaceX further confirmed that the deeply secretive Zuma mission, previously delayed from an early-November launch as a result of concerns about fairing defects, has now been moved from LC-39A to LC-40 and is understood to be targeting January 4 2018. This will give SpaceX approximately three weeks after the launch of CRS-13 to verify that everything is functioning nominally in what is essentially a new pad.
Meanwhile, with Zuma now officially moved to 40, LC-39A is completely free from routine operations, meaning that SpaceX’s ground crew can now work at will to ready the pad for the inaugural launch of Falcon Heavy, now aiming for early 2018. Aside from Falcon Heavy, recent FCC filings point to two additional SpaceX launches aiming for January, although slips are probable in light of CRS-13’s minor delays. Regardless, December and January are likely to be thrilling months for followers of the intrepid space exploration outfit.
Elon Musk has firmly denied recent media reports suggesting that SpaceX has reduced its target valuation for an upcoming initial public offering.
The denial came directly from the SpaceX and Tesla frontman on his social media platform X, where he responded with a single word, “False,” to a post from ZeroHedge that cited Bloomberg sources.
This swift rebuttal underscores Musk’s ongoing effort to manage speculation surrounding one of the most anticipated market debuts in recent history.
False
— Elon Musk (@elonmusk) May 29, 2026
According to the disputed reports, SpaceX had lowered its IPO valuation goal to at least $1.8 trillion from previous ambitions exceeding $2 trillion.
The claims emerged amid growing anticipation for the company’s confidential S-1 filing, which positions it for a potential public listing as early as June.
Some had pointed to strong revenue growth, particularly from the Starlink satellite internet service, which contributed heavily to the firm’s 2025 figures of $18.7 billion. Yet challenges persist in other areas, including substantial investments and losses tied to ambitious projects like Starship development and artificial intelligence initiatives, which plan to make life multiplanetary eventually.
Musk’s response highlights a pattern in which he actively counters what he views as inaccurate portrayals of his companies’ trajectories.
SpaceX, already valued privately at extraordinary levels, stands as a cornerstone of Musk’s empire alongside Tesla and xAI. The entrepreneur has long emphasized the transformative potential of reusable rockets and global broadband access, factors that fuel investor enthusiasm despite operational hurdles.
By rejecting the valuation downgrade narrative, Musk signals confidence in SpaceX’s fundamentals and its readiness for public markets on terms favorable to its long-term vision. People have been waiting a very long time to invest in SpaceX, and the valuation, as well as the introductory share price, is not going to need adjusting.
They’ll have plenty of suitors.
This episode reflects broader dynamics in the technology sector, where rumors often swirl around high-profile entities. Musk’s direct engagement with media narratives serves to maintain transparency and control the narrative around his ventures.
As SpaceX prepares for greater scrutiny in public markets, the founder’s denial reinforces optimism about its prospects. Supporters argue that the company’s innovative edge positions it for enduring success, far beyond short-term valuation debates. With the denial now public, attention turns to forthcoming regulatory filings that could provide clearer insights into SpaceX’s strategy and financial health.
The coming weeks promise to reveal more about how SpaceX will transition into a publicly traded powerhouse.
Tesla’s dreams of operating a fully autonomous ride-hailing platform just took a massive step toward reality, as two separate events have indicated the company is perhaps closer than ever to achieving self-driving as a product.
On Thursday, Tesla was granted authorization by the State of Texas to operate driverless vehicles in a commercial manner. On May 28, Senate Bill 2807, passed by the 89th Texas Legislature, took effect after being passed back on September 1, 2025.
The bill establishes a statewide regulatory framework requiring authorization from the Texas Department of Motor Vehicles for companies to operate automated vehicles commercially on Texas roads.
This covers driverless, or SAE Level 4+, operations for passenger transport, meaning Robotaxi, or freight.
Tesla and other companies can self-certify their vehicles and tech as long as they:
- Operate in compliance with Texas traffic laws
- Maintain proper registration, title, and insurance
- Use compliant automated driving systems
- Record onboard activity and handle system failures and glitches safely.
The new authorization, which was first reported by James Stephenson on X, allows companies to utilize their own processes to determine if their vehicles are ready to operate without drivers.
🚨BREAKING:
Tesla has been authorized by the State of Texas to operate driverless vehicles commercially under the new law that took effect today, May 28th, 2026. Tesla has officially self-certified the software running on its robotaxis as Level 4. $TSLA pic.twitter.com/KSJdsvlaW5— James Stephenson (@ICannot_Enough) May 28, 2026
It is a rule that expedites the entire approval process, keeping agencies out of a usually long, lengthy, and frustrating task that is essential to technological advancements. It essentially means Tesla can launch commercial Robotaxi operations at this point.
On the very same day, Tesla continued the momentum as CEO Elon Musk shared a video of Cybercab units autonomously driving off the property at Gigafactory Texas. This is a major step in the story of the Cybercab.
Mass production of the Cybercab started at Giga Texas in April, and it is already heading out of the factory on its own.
Cybercab driving itself out of the GigaTexas factory pic.twitter.com/EwAMVVDjYy
— Elon Musk (@elonmusk) May 28, 2026
These two major events mark a drastic step forward in Tesla’s progress toward Cybercab and the permissions it needs to operate a self-driving ride-hailing service. Tesla is now able to operate autonomously under Texas law by self-certifying, and with the potentially imminent rollout of Cybercab, Tesla’s autonomous dreams are starting to take serious shape.
Elon Musk
The Tesla and SpaceX merger everyone is talking about is quietly building
Tesla and SpaceX may be closer to merging than Wall Street or either company is admitting.
Elon Musk has reportedly discussed merging Tesla and SpaceX with people close to him, according to CNBC, which cited sources familiar with the conversation. Tesla employees have long expected such a transaction and the topic is openly discussed internally, according to internal sources. With SpaceX is days away from kicking off its Wall Street roadshow for what could be the largest IPO in market history, this would be the first time the company will have public market currency to execute a stock-for-stock deal with Tesla.
The financial logic for a merger would make sense. A combined SpaceX and Tesla would create a conglomerate spanning rockets, satellites, electric vehicles, AI infrastructure, and energy storage valued at roughly $3.35 trillion to $3.6 trillion based on SpaceX’s IPO target range and Tesla’s current market capitalization. The two companies are already more intertwined than most people realize. SpaceX bought $697 million worth of Tesla Megapack systems for xAI data centers and $131 million worth of Cybertrucks. Tesla invested $2 billion in xAI, which subsequently merged with SpaceX. Past transactions also include Tesla selling solar equipment and parts to SpaceX, and SpaceX helping with Cybertruck materials.
Will Tesla join the fold? Predicting a triple merger with SpaceX and xAI
Musk himself signaled where this was heading in November 2025 when he posted on X, “My companies are, surprisingly in some ways, trending towards convergence.” Tesla and SpaceX announced a joint semiconductor fabrication facility in Austin called Terafab on the Gigafactory Texas campus, covering two advanced chip factories, with one serving Tesla’s AI needs for vehicles and Optimus robots, the other targeting space-based data centers under SpaceX’s infrastructure vision.
Wedbush analyst Dan Ives places the probability of a merger at 80% to 90% with a target completion in the first half of 2027. The mechanics of a deal became possible the moment SpaceX filed its S-1. Legal experts said a merger likely would not spark antitrust issues but would raise concerns among shareholders in each company, with questions around which company would be the parent, how a stock swap would take place, and who determines the appropriate price. Musk holds about 20% of Tesla’s equity but controls 85.1% of SpaceX’s voting power through a super-voting share class, meaning he would largely be negotiating the terms with himself.
Not everyone is convinced the timing is imminent. Traders on Kalshi place only 33% odds that a merger will happen before May 2027. The more immediate concern for Tesla shareholders is whether the SpaceX IPO pulls capital and Musk’s attention away from Tesla before any merger consolidates the upside for both.
What is clear is that the structural groundwork is already being laid. The Terafab announcement, the xAI merger, the shared supply chain, the cross-company balance sheet transactions, and now the IPO all point in the same direction. Whether the merger follows in 2027 or later, the two companies are already operating more like divisions of a single entity than independent competitors.
Elon Musk strikes down reports on SpaceX IPO rumors
Tesla’s Robotaxi dreams just took a massive step toward reality
