SpaceX
SpaceX hangar packed with Falcon Heavy Block 5 boosters for early April debut
For a company that rarely reveals anything without explicit intent, a February 28th video posted by SpaceX during the lead-up to Crew Dragon’s launch debut featured a surprise cameo: two Block 5 side boosters meant to support Falcon Heavy’s commercial debut and second launch ever.
Likely a subtle nod to close observers and fans, the inclusion of Falcon Heavy is a perfect bit of foreshadowing for the next launch set to occur from Pad 39A after Crew Dragon’s flawless orbital debut. As of now, Falcon Heavy Flight 2 is settling in on a potential launch as early as the first week of April, although delays during the rocket’s critical preflight processing and static fire test are about as likely as they were during the vehicle’s inaugural mission. If the rocket’s first launch and booster recoveries are fully successful, both side boosters (and perhaps the center core) could fly for a second time as few as two months later in June 2019.
A number of photos taken by Instagram users visiting Kennedy Space Center appear to indicate that SpaceX has more or less completed the reconfiguration of Pad 39A’s transporter/erector (T/E), modifying the base with additional hold-down clamps to account for three Falcon boosters instead of the usual one. Ten days after the successful launch of Falcon 9 B1051 in support of Crew Dragon’s first mission to orbit, it’s likely that additional work remains to ensure that 39A is fully refurbished and reconfigured for Falcon Heavy.
For the heavy-lift rocket’s commercial debut and second flight ever, SpaceX is likely to be exceptionally cautious and methodical in their preflight preparations. This is especially necessary due to the fact that Falcon Heavy Flight 2 differs dramatically from Falcon Heavy’s demo configuration, degrading the applicability of some aspects of the data gathered during the rocket’s largely successful test flight.
Most notably, all three first stage boosters will be Block 5 variants on their first flights, whereas Flight 1’s first stage featured two flight-proven Block 2 boosters (B1023 and B1025) and one new Block 3 booster (B1033). Additionally, the center core – B1033 – was lost during a landing anomaly that prevented the booster from reigniting its engine for a landing burn, cutting off another valuable source of data that would have served to better inform engineers on the performance of Falcon Heavy’s complex and previously unproven mechanical stage separation mechanisms.
Falcon 9 Block 5 is a fairly radical departure from the Block 2 and 3 variants SpaceX based Falcon Heavy’s initial design on. It’s possible that the rocket’s engineers were able to at least set up that design and manufacturing work on a safe path to forward compatibility, but it’s equally possible that so much work was focused on simply getting the vehicle past its launch debut that compatibility with Falcon 9 Block 4 and 5 was pushed well into the periphery. Considering the fact that it has now been more than a year since Falcon Heavy’s February 6th, 2018 debut, the latter eventuality offers a much better fit. Nevertheless, with a solid 13-14 additional months of redesign and testing complete, it seems that SpaceX is keen to get its super heavy-lift launch vehicle back on the horse, so to speak.
The specific changes made in Falcon 9 Block 4 is unclear aside from a general improvement in Merlin 1D and MVac performance, as well as significant upgrades to Falcon 9’s upper stage, likely focused on US military and NASA requirements for long-coast capabilities on unique mission profiles. Most significantly, Falcon 9 Block 5 transitioned the SpaceX rocket to a radically different primary thrust structure (also known as the octaweb), replacing welded assemblies with bolted assemblies wherever possible. This simultaneously allows for easier repairs and modifications, improves ease of manufacture, and increases the structure’s overall strength, a critical benefit for Falcon Heavy’s heavily-stressed center core. Meanwhile, Falcon 9 Block 5 moved from Full Thrust’s (Block 3/4) maximum 6800 kN (1,530,000 lbf) of thrust to more than 7600 kN (1,710,000 lbf), an increase of roughly 12%. Combined with Block 5’s focus on extreme reusability, SpaceX engineers and technicians likely had to do a huge amount of work to leap from Falcon Heavy Flight 1 to Flight 2.
Aside from the presence of both Falcon Heavy side boosters, both of which were spotted arriving in Florida by local observers, the first Block 5 Falcon Heavy center core also very likely arrived within the last few months, followed rapidly by can be assumed to be the mission’s fairing and Falcon upper stage. Falcon Heavy’s commercial debut will see the rocket attempt to place communications satellite Arabsat 6A – weighing around 6000 kg (13,200 lb) – into a high-energy geostationary orbit, either direct-to-GEO or a transfer (GTO) variety.
If all goes according to plan, SpaceX will attempt to turn around Falcon Heavy’s Block 5 side boosters (B1052 and B1053) for Falcon Heavy’s third launch – the USAF’s STP-2 mission – as few as 60-80 days later, June 2019. According to NASASpaceflight, STP-2 will fly with a new center core (presumed to be B1057) instead of reusing Arabsat 6A’s well-cooked B1055 booster.
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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.
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
NASA’s first human outpost on the Moon starts now – SpaceX on deck
NASA named the rovers, landers, and vendors that will build America’s first Moon Base.
NASA has laid out its most detailed Moon Base plan to date, describing a permanent outpost near the Moon’s south pole that the agency intends to build over the coming decade as a direct stepping stone to Mars. “The Moon Base will be America’s and humanity’s first outpost on another celestial world,” NASA Administrator Jared Isaacman said, adding that every mission crewed and uncrewed “will be a learning opportunity as we return to the lunar surface, build the infrastructure to stay, and master the skills required to live and operate in one of the most demanding and dangerous environments imaginable.”
The plan is structured in three phases involving both uncrewed and crewed missions to deliver equipment, vehicles, and infrastructure to the surface, with the first three moon base missions targeted to launch before the end of 2026.
Moon Base I, targeting fall 2026, will use Blue Origin’s Blue Moon Mark 1 lander to deliver scientific instruments to the Shackleton Connecting Ridge, the same region where Artemis astronauts will land. Moon Base II will send Astrobotic’s Griffin lander carrying more than 1,100 pounds of cargo including Astrolab’s FLIP rover to begin developing mobility systems on the surface. Moon Base III will carry the Lunar Vertex science mission on Intuitive Machines’ Nova-C Trinity lander to study lunar swirls near the south pole, with ESA and Korean science payloads aboard.
On the rover side, NASA awarded Astrolab $219 million and Lunar Outpost $220 million to build the first phase of Lunar Terrain Vehicles, with both rovers targeted for deployment to the lunar surface by 2028. Astrolab’s crewed rover weighs roughly 2,000 pounds and can reach over 6 mph. Lunar Outpost’s Pegasus rover can operate autonomously or via remote control at over 9 mph. Blue Origin separately received $188 million with an option worth $280.4 million to deliver cargo landers for rover transport.
NASA also confirmed that MoonFall, a mission deploying four survey drones to scout Artemis landing sites, has selected Firefly Aerospace to build the transport spacecraft, with a 2028 launch target.
SpaceX sits at the center of that commercial layer. SpaceX holds the NASA Human Landing System contract for the Starship-derived lander that will put astronauts on the surface under Artemis IV, currently targeting 2028. Before that can happen, SpaceX must demonstrate in-orbit propellant transfer at scale, a process requiring multiple Starship tanker launches to fuel a single mission. Water ice at the lunar south pole is central to the base’s long-term viability, as it can be converted into drinking water, breathable oxygen, and rocket fuel, directly reducing dependence on Earth resupply. That resource loop becomes far more practical if Starship can land and be refueled on or near the Moon itself.
Elon Musk has publicly stated that Starship V3, which recently completed its first flight, should be capable enough for initial Mars missions. The Moon Base plan announced Tuesday is the infrastructure layer that connects everything between those two ambitions, and SpaceX is the only American company currently contracted to build the rocket that gets humans to either destination.
Elon Musk strikes down reports on SpaceX IPO rumors
Tesla’s Robotaxi dreams just took a massive step toward reality
