News
SpaceX nears Falcon 9 lunar rideshare launch as main satellite arrives in FL
SpaceX and customers Pasifik Satelit Nusantara (PSN), SpaceIL, and Spaceflight Industries are reportedly one month away from the NET February 18th launch of Indonesian communications satellite PSN VI (since renamed Nusantara Satu), commercial moon lander Beresheet, and additional unspecified smallsats.
In an encouraging sign that the mission’s launch date might hold, the PSN VI communications satellite – manufactured and delivered by Space Systems Loral (SSL) – arrived at SpaceX’s Cape Canaveral, Florida payload processing facilities in late December 2018 and is likely to be joined by SpaceIL’s Beresheet spacecraft in the next few weeks.
https://twitter.com/sslmda/status/1082427646921846784
Easily the most exotic rideshare mission yet in terms of the sheer variability and newness of almost every aspect, communications satellite PSN VI will not only be joined by the world’s first commercial lunar lander but also play host to rideshare organizer Spaceflight’s first dedicated rideshare mission to a high-energy geostationary transfer orbit (GTO), stretching approximately 200 to 36,000 km (120 to 22,000 miles) above Earth.
Led in large part by satellite contractor SSL’s recently-introduced PODS method of attaching rideshare satellite dispensers to larger geostationary satellites, the company’s main manufacturing focus, GTO or even full-GEO rideshare opportunities could open all kinds of doors for exotic but affordable smallsat missions beyond Earth orbit. If successfully implemented, one could foresee commercial, government, or academic entities with budgets that would have originally had them laughed out of doors actually be able to support their own dedicated missions to the Moon and perhaps even to other planets, asteroids, or comets.
Big Science, Small Packages
A pair of tiny, experimental spacecraft called #MarCO flew to Mars and fulfilled a their mission yesterday, relaying near-real-time data during @NASAInSight’s #MarsLanding. Find out more about the record-setting CubeSats: https://t.co/JOAaM2lHjx pic.twitter.com/IlNesoEonq— NASA JPL (@NASAJPL) November 27, 2018
Less than coincidentally, JPL (Jet Propulsion Laboratory) successfully launched, tested, and demonstrated a pair of small signal relay cubesats as viable communications infrastructure during Mars lander InSight’s November 2018 landing attempt, becoming the first smallsats ever to operate in deep space. While the utility of each MarCO cubesat was very limited, the program was an extremely successful technology demonstration and has likely opened a number of doors for smallsat passengers to join future interplanetary missions. Already, the European Space Agency (ESA) hopes to include multiple cubesats on an asteroid defense-focused mission to the Didymous asteroid system in the 2020s.
A couple of #CubeSats will join #ESA’s Hera mission towards a binary asteroid system to perform additional bonus science alongside the main mothership. #newspace #cubesat #space https://t.co/gu3BS4sgL0 pic.twitter.com/13iw7gh1u6
— D-Orbit (@D_Orbit) January 8, 2019
While SSL apparently tested PODS with success on the communications satellite Hispasat 30W-6, launched by SpaceX in March 2018, it appears that PSN VI may be the first purely commercial use of SSL’s offerings. Whatever the complex relationship is, it appears that PSN VI’s PODS were co-opted (ordered?) by Spaceflight, who then sold those spaces and managed the integration of customers with spacecraft that needed an orbit truly unique for cubesats.
Given the fact that there has been almost complete silence on Spaceflight’s GTO-1 rideshare mission and that the most recent use of PODS on Hispasat was reportedly funded and used by military research agency DARPA, it may actually be reasonable to conclude that Spaceflight is acting as the middleman for a number of satellites built or owned by military agencies, potentially explaining the radio-silence from Spaceflight’s normally talkative communications team.
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- PSN-6, an SSL-built communications satellite weighing several thousand kilograms, arrived in Florida roughly 10 days ago. (SSL)
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- PSN-6, an SSL-built communications satellite weighing several thousand kilograms, arrived in Florida roughly 10 days ago. (SSL)
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- SpaceIL’s Beresheet moon lander. (SpaceIL)
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- Beresheet is seen here prior to the spacecraft’s flight from Israel to Florida. (SpaceIL/IAI)
Regardless, this launch is bound to be a fascinating one from a trajectory design perspective. Whether or not Falcon 9’s upper stage is actually going to be involved in the task of helping lunar lander Beresheet on its way to the Moon, info from manufacturer and operator SpaceIL suggests that the small ~600 kg spacecraft will rely on an eccentric method of shifting orbits from around the Earth to intercept the Moon. Over the course of several months of small nudges in the right direction, Beresheet will eventually – and very gradually – oscillate on the tip of the gravitational peak between the two planetary bodies until it eventually slips down the lunar side to eventually intercept the Moon. While very slow, this optimized trajectory will be extremely efficient, allowing as much propellant as possible to be saved for the actual task of landing on the Moon.
Which rocket slipper fits?
Come launch day, the combined mass of PSN VI (Nusantara Satu), Beresheet, and unknown rideshare passenger spacecraft will most likely fall somewhere between 5500 and 6000 kg (~12,000-13,500 lbs), indicating that SpaceX’s Falcon 9 should be more than capable of placing the stack of satellites into a healthy geostationary transfer orbit before attempting to land aboard drone ship Of Course I Still Love You (OCISLY).
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- Pad 39A seen after most extraneous Shuttle-era hardware had been removed, November 2018. (Tom Cross)
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- Falcon 9 B1047.2 is seen here conducting its second successful drone ship landing. (SpaceX)
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- Falcon 9 B1048 appears out of the fog prior to its second orbital-class launch. (Pauline Acalin)
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- Falcon 9 B1048.2 landed at LZ-4 after its second successful launch. (SpaceX)
The question that remains, then, is which Falcon 9 rocket will be tasked with launching the unique mission. Given that SpaceX appears to be rushing full-speed-ahead to complete the next Falcon Heavy in time for a late-February or March launch debut, it seems very unlikely that SpaceX could preserve that aggressive FH launch schedule while also preparing a separate, new Falcon 9 booster for PSN VI. If that’s the case, then the two options at hand are Falcon 9s B1047.3 and B1048.3, both of which have previously launched twice and are currently at SpaceX’s Florida facilities.
In other words, it appears that SpaceX’s first commercial launch to the Moon might lift off on a flight-proven Falcon 9 booster, an unintended but thoroughly fitting precursor to what is hopefully a future full of highly reusable rockets and interplanetary (as in between two or more planetary bodies) spaceflight.
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”
