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SpaceX launches fourth Starlink mission in 16 days
Update: SpaceX has officially completed its fifth Falcon 9 launch and landing in three weeks and delivered its fourth batch of Starlink satellites to orbit in 16 days.
Following a rare ‘leapfrog’ likely due to the presence of third-party rideshare payloads from Capella Space and Tyvak, Starlink-26 successfully lifted off on May 15th, six days after a flawless Starlink-27 launch that also marked the first tenth flight of a Falcon booster. Starlink-26 is SpaceX’s fourth Starlink rideshare and fifth self-managed rideshare overall, as well as the company’s 15th launch of 2021. With more than six months to go until 2022, SpaceX could complete upwards of 40 orbital launches this year if it maintains that cadence.
Up next, Starlink-28 is already scheduled to launch as early as the afternoon of May 26th.
On the heels of a two-week April hiatus as SpaceX switched its focus to a crucial astronaut launch, the company has begun churning through an unending backlog of Starlink missions.
Crew Dragon and Falcon 9 became the first crewed space capsule and liquid rocket booster to launch astronauts twice on April 23rd, acing NASA’s Crew-2 mission with four international astronauts. Less than a week later, SpaceX jumped back to the grind with Starlink-24 on April 29th. On May 4th, Falcon 9 B1049 aced its ninth launch and landing and delivered the booster’s seventh batch of 60 Starlink satellites to orbit with Starlink-25.
Less than five days after that, Falcon 9 booster B1051 successfully lifted off on SpaceX’s Starlink-27 mission, becoming the first liquid rocket booster ever to complete ten orbital-class launches (and landings). Hours later, Starlink-25 Falcon 9 booster B1049 sailed back to port on drone ship Of Course I Still Love You (OCISLY). Amidst that flurry of launches, landings, and booster returns, SpaceX has already scheduled its next Starlink launch – Starlink-26 – less than a week after Starlink-27.
According to Spaceflight Now, Next Spaceflight, and launch photographer Ben Cooper, Starlink-26 – leapfrogged by Starlink-27 for unknown reasons – is scheduled to launch as early as 6:58 pm EDT (00:58 UTC) on Saturday, May 15th, less than a week after Starlink-27. Next Spaceflight reports that SpaceX has assigned Falcon 9 booster B1058 to launch Starlink-26 – its eighth orbital-class launch – 38 days after the same rocket launched Starlink-23.
There are some signs that Starlink-26 will carry rideshare payloads for one or several other companies, which could explain why the mission was leapfrogged by Starlink-27. The only other instance of a leapfrog happened last year when Falcon 9 booster B1049 was beset by repeated delays while trying to launch Starlink-15, which could also have delayed Starlink-26.
Either way, if SpaceX manages to launch Starlink-26 on time, it will be the fourth Starlink launch in 16 days and third in 11 days, setting up May 2021 to be one of the busiest months in the company’s history. Beyond Starlink missions, SpaceX recovered Crew Dragon and four astronauts for the first time after a record-breaking long-duration spaceflight on May 2nd, followed by Starship SN15 becoming the first full-size Mars rocket prototype to survive a high-altitude launch and landing on May 5th.
Less than two weeks prior, SpaceX launched four international astronauts to orbit in a flight-proven Dragon capsule and on a flight-proven Falcon 9 booster, representing a truly historic validation of the company’s reusable rockets and spacecraft. Accompanied by the symbolic but still historic tenth flight of a Falcon booster weeks later, it’s hard to say that SpaceX’s future has ever looked brighter.
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”
