News
SpaceX delivers largest commercial satellite in kick off of Falcon 9 marathon
SpaceX has successfully completed its 13th launch of 2018, kicking off a marathon of three new Falcon 9 Block 5 booster debuts with the launch of the Telstar 19V communications satellite, potentially breaking the record for the largest commercial satellite ever launched at 7000 kg (15,500 lb).
Despite the heft of its payload and partially thanks to a slightly lower parking orbit for the satellite, Falcon 9 booster B1047 – the second Block 5 booster to roll off the assembly line – managed to successfully land aboard the autonomous spaceport drone ship (ASDS) Of Course I Still Love You (OCISLY), stationed approximately 650 km (400 mi) off the Florida coast at launch time.
While the booster was unable to maintain a live video feed through its high-speed reentry and Atlantic landing, SpaceX’s cameras on OCISLY managed to reconnect a few seconds after touchdown to show the 50-meter (160-foot) tall rocket safely resting on the drone ship. As the webcast host noted, Falcon 9 Block 5 features a number of prominent upgrades designed to enable levels of reusability and reliability essentially unprecedented in the world of orbital rocketry.
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- B1047 created an extraordinary ring vortex rainbow as it smashed through Max Q, the point of highest aerodynamic stress on the rocket. (Tom Cross)
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- B1047 before the launch of Telstar 19V. (Tom Cross)
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- B1047 before the launch of Telstar 19V. (Tom Cross)
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- B1047 before the launch of Telstar 19V. (Tom Cross)
Rocket trials
Now more than two months after the first Block 5 booster’s – B1046 – debut in May 2018, the software engineer hosting SpaceX’s Telstar 19V webcast was likely speaking more from a place of experience than of hope. Per CEO Elon Musk’s press call just prior to Block 5’s debut, he noted that SpaceX intended to conduct an extensive analysis of that pathfinder booster, including significant disassembly and perhaps some limited destructive testing of certain critical or high-risk components. Musk didn’t expect B1046 to fly for at least another “couple of months”.
This is critical because SpaceX’s manifest over the next several weeks is fairly aggressive – Iridium-7 is scheduled to lift off from Vandenberg, CA three days from today (July 25th), the next Florida launch is aiming for a static fire next weekend and a launch NET 1:19 am EDT August 2, and the second imminent Florida mission is penciled in for launch NET 11:35 pm EDT August 17. Those rapid-fire Florida launches will push both SpaceX’s pad and drone ship turnaround capabilities to their limits, requiring almost non-stop work to ensure both are available for the next mission in two weeks or less.
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- SpaceX’s West Coast landing zone is preparing for its debut, currently NET October 6th 2018. (Pauline Acalin/Teslarati)
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- Falcon 9 B1047 prepped for launch at Pad 40, July 21. (SpaceX)
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- Prior to liftoff, Falcon 9 and Falcon Heavy are held down by massive “hold-down clamps” at the rocket’s base. Even after engine ignition, those clamps only release once the flight computer decides that the rocket is healthy. (Pauline Acalin)
Not to be (at least relatively) one-upped, SpaceX’s Vandenberg launch pad – known as SLC-4E – is scheduled to push its own turnaround limits by flying two missions in roughly 40 days, just shy of the current SpaceX record of 36 days between launches. Perhaps more excitingly, that September 4 SAOCOM 1A mission looks like a prime candidate for the debut of SpaceX’s yet-unused Californian landing zone, barely spitting distance from the SLC-4E launch pad.
Still, the question remains: what boosters are going to launch these four missions?
- B1051 is not believed to have left the Hawthorne, CA factory yet, and has been stated by NASA to be reserved for the first uncrewed Crew Dragon mission (DM-1), unlikely to occur before Q4 2018.
- B1050 is currently on-stand in McGregor, TX and is likely to be shipped to a launch pad within a week or two.
- B1049 was almost certainly shipped to Florida to support either of the two upcoming August launches.
- B1048 will launch Iridium-7 on July 25, land on Just Read The Instructions, and likely remain in California for future VAFB missions.
- B1047 just successfully launched Telstar 19V (July 22) and will be brought back to Port Canaveral over the next several days before heading to one of SpaceX’s Florida refurbishment facilities, presumably to prepare for an imminent future launch.
- B1046 is likely disassembled in Hawthorne, CA, unable to support a launch for another few weeks – perhaps it’s nearly ready, however
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)
Put simply, it seems almost impossible for SpaceX to accomplish its ambitious manifest over the next 4-6 weeks without reusing a freshly-recovered Falcon 9 Block 5 booster. B1046 is a possibility, as is B1047 or B1048, although the latter two options would smash SpaceX’s previous record for Falcon booster turnaround (~70 days) by more than half, requiring in a return to shore, refurbishment or nondestructive analysis, and preparation for a static fire in as few as ~14-21 days.
Regardless, B1047’s successful Telstar 19V launch and landing have kicked off what is bound to be an extremely exciting period for SpaceX and its aspirations of highly-reusable rocketry.
Follow us for live updates, peeks behind the scenes, and photos from Teslarati’s East and West Coast photographers
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Pauline Acalin – Twitter
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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”
