News
SpaceX to ring in Falcon 9 Block 5 future with record-speed Block 4 reuse
SpaceX is days away from effectively bringing to a close an era of moderately reusable Falcon 9s that paved the way for the company’s Block 5 rocket upgrade, designed to dramatically improve reliability and reusability. As if foreshadowing the future its culmination will ring in, the CRS-15 mission will beat SpaceX’s previous record for back-to-back Falcon 9 booster launches by nearly a factor of two.
Scheduled to launch at 5:42 am EDT June 29, the CRS-15 Cargo Dragon mission will be SpaceX’s fourth launch of an orbital, flight-proven spacecraft, and will also cut almost two months off of the Falcon 9 booster refurbishment process. The particular booster, number B1045, launched just two months ago on April 18 before landing aboard SpaceX’s Atlantic drone ship Of Course I Still Love You (OCISLY). After returning to shore, the rocket was transported by road the short few miles from Port Canaveral to Kennedy Space Center and SpaceX’s LC-39A integration facilities, where it is believed to have spent the last nine weeks undergoing moderate repairs, part replacements, and checkouts. Just yesterday, the once-flown booster took to Launch Complex 40 (LC-40) for the second time to complete a preflight static fire, intended to ensure that the rocket is healthy before launch.
Rocket and spacecraft for CRS-15 are flight-proven. Falcon 9’s first stage previously launched @NASA_TESS two months ago, and Dragon flew to the @Space_Station in support of our ninth resupply mission in 2016.
— SpaceX (@SpaceX) June 23, 2018
In reality, the actual time available for B1045’s refurbishment was thus several days less than two months – the only other routinely reusable rocket, the Space Shuttle, lays claim to a fairly staggering record of just 26 days of actual refurbishment, although it’s worth considering the fact that a single one of the Shuttle’s 3 RS-25 rocket engines have been estimated to cost as much as $60 million, considerably more than two thirds of the price of an entire SpaceX mission for NASA.
The first Block 5 Falcon 9 lifts off on May 4, 2018. (Tom Cross)
Although CRS-15 will likely see its venerable Block 4 Falcon 9 booster expended in the ocean without a recovery attempt, the speed of Falcon 9 B1045’s refurbishment is thrilling for another, more abstract reason: if the design functions largely as intended, a Falcon 9 Block 5 booster should be able to handily crush that already impressive record with ease, and one will perhaps do just that within a handful of months of this launch.
Currently scheduled for no earlier than (NET) July 19 and late July to early August, the Telstar 19V and 18V communications satellites will require their own Block 5 launches roughly a month from today, and July 20’s Iridium NEXT-7 mission will further require its own Falcon 9 Block 5 booster for a mission from California. It remains to be seen what boosters will launch those three missions, as well as an additional two SpaceX missions tentatively scheduled for August and September.
-
- After launching in April 2018, B1045 landed on OCISLY and is being refurbished for a second launch in just 5 days, on June 29. (Tom Cross)
-
- Falcon 9 B1045 spied in transport from Port Canaveral to LC-39A, April 24. (Instagram /u/xxxtreme81)
-
- B1045 enters SpaceX’s 39A integration and refurbishment facilities, April 24. (Reddit /u/NewRage)
Of note, those upcoming July launches will see both of SpaceX’s drone ships – Just Read The Instructions (JRTI) on the Pacific, OCISLY in the Atlantic – return to action, with JRTI’s return bringing to an end nearly a full year of inactivity. With a heavy summer and fall manifest of all Block 5 Falcon 9s just around the corner, both drone ships are likely to be busier than ever before. Teslarati photographers Tom Cross (Florida) and Pauline Acalin (California) will be there to document the flurry of launches and recoveries on both coasts over the busy second half of 2018.
The drone ship Of Course I Still Love You spotted in Port Canaveral, FL last December. (Instagram /u/ johnabc123)
Follow us for live updates, peeks behind the scenes, and photos from Teslarati’s East and West Coast photographers.
Teslarati – Instagram – Twitter
Tom Cross – Twitter
Pauline Acalin – Twitter
Eric Ralph – Twitter
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.
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.
A new report from Reuters claims that a transport authority in Sweden is pushing back against the approval of Tesla’s Full Self-Driving suite because it will travel over speed limits.
The report says the Swedish Transport Administration (TRV) recommends the European Union votes against FSD’s approval. TRV believes it should not be approved until Tesla disables FSD’s ability to speed.
TRV sent a letter to the European Union’s Technical Committee on Motor Vehicles (TCMV), which is set to meet on June 30 to discuss the potential approval of the Tesla FSD suite in the country. Tesla, which has received various approvals in Europe over the past two months, has not provided a comment.
Teslas operating on FSD do travel over the speed limit, depending on the Speed Profile that is chosen. Drivers have the ability to disengage FSD at any point; Tesla specifically states that those supervising the suite are responsible for its actions.
Let’s cut to the chase: humans operating any vehicle speed almost daily in the United States. Realistically, speed limits in the U.S. are more frequently treated as speed minimums. However, other countries are different, and driving behaviors are less aggressive.
TRV believes that “allowing automated systems to systematically exceed legal speed limits…risks undermining both the legal framework and the expected safety benefits of vehicle automation,” the report stated. It’s surprising that Tesla has not received this claim from other countries previously.
This could be a good argument to bring Max Speed back, the setting that previously allowed the driver to choose the absolute fastest the car would travel.
This would still put the responsibility of supervision in the hands of the driver. It would allow the driver to choose whether the car would travel over the speed limit or not, acknowledging that they set the speed, and if they get pulled over, there would be no ability to argue it.
However, it does not seem as if this is something Tesla will do, especially considering many U.S. drivers have requested the feature in an effort to eliminate speeding or at least tone it down. The company has not shown any interest in bringing it back.
Tesla has approvals for FSD in Europe in Estonia, Lithuania, Denmark, the Netherlands, and Belgium.
Tesla gives its biggest signal yet that Cybercab launch is imminent
Elon Musk challenges Tesla credit rating from Moody’s after SpaceX gets a higher one
