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SpaceX’s second Falcon Heavy booster arrives in Florida as launch #2 closes in
SpaceX’s second Falcon Heavy side booster has made its way from Texas to Florida after completing a successful static fire acceptance test at the company’s McGregor complex, paving the way for the third and final booster – currently vertical on McGregor’s test stand – to complete its own round of tests and head East.
Once the third and most important booster – known as the center core – arrives at SpaceX’s Florida launch facilities, all three of the next Falcon Heavy’s boosters will be ready to head into the integration stage, culminating in an integrated static fire prior to the second launch ever of SpaceX’s flagship super-heavy-lift rocket.
A Texas pilot happened to fly by SpaceX’s McGregor facilities on January 11th, catching a live glimpse of a Merlin Vacuum (MVac) or second stage static fire test, as well a Falcon booster – perhaps Falcon Heavy’s next center core – vertical on the facility’s booster static fire stand. While it has not yet been visually confirmed as the next Falcon Heavy center core, a booster traveling through the Waco, Texas area to McGregor was spotted with protuberances that are not normally seen on regular Falcon 9 boosters and happened to be in the right place for FH-specific hardware.
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- A booster – likely the next Falcon Heavy center core – was vertical at McGregor’s S1 static fire stand. (Instagram /u/tcryguy)
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- An MVac or Falcon 9 S2 performs a static fire at McGregor. (Instagram /u/tcryguy)
There is also a case to be made that – per the fact that the first two side boosters have been built, shipped, tested, and delivered back-to-back – SpaceX chose to consecutively manufacture all hardware needed for the second Falcon Heavy instead of producing one or a few single-stick Falcon 9 boosters in between, which the appearance of a center core-like rocket in Texas certainly helps corroborate. While Falcon Heavy side boosters are effectively just Falcon 9 boosters with a few additional attachments and nose cones, currently scheduling indicates that SpaceX may attempt to rapidly turn all three Falcon Heavy Flight 2 boosters around perhaps just 30-60 days after their first launch. Otherwise, once the rocket’s 2019 launches have been completed, both side boosters can be converted back into Falcon 9 boosters and thus reenter SpaceX’s active fleet of flight-proven rockets.
Falcon Heavy’s center core, however, is dramatically different than a regular Falcon 9 booster, owing to the fact that it needs to essentially support triple the thrust and mechanical stresses as single-stick launches. The rocket’s design works to improve payload performance by using the two side cores to boost the center core and leave it with far more propellant left over than Falcon 9 would during a comparable launch profile, roughly equivalent to a three-person bike where only two people are pedaling hard. During a Falcon Heavy launch, side boosters thus separate a solid 30-60 seconds before the center core parts ways with the upper stage and payload.
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- A diagram from a recent SpaceX document offers an idea of what Falcon Heavy Block 5 will look like. (SpaceX)
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- The first Falcon Heavy, seen here fully integrated aside from its payload fairing. (SpaceX)
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- Falcon Heavy just prior to its launch debut, February 2018. (Tom Cross)
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- SpaceX’s Falcon Heavy prepares for the huge rocket’s inaugural launch. (SpaceX)
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- LZ-1 and LZ-2, circa February 2018. (SpaceX)
Thanks to its significant differences, it’s highly unlikely – if not impossible – for a Falcon Heavy center core to launch a regular Falcon 9 mission. As such, once Falcon Heavy’s 2019 launches are completed, the center core will most likely be processed, refurbished, and then stored until the next Falcon Heavy payload is ready to go, at which point Falcon 9 boosters would be converted into Heavy side cores. Given that the Block 5 upgrade is designed to allow Falcon boosters to perform as many as 10 launches with minimal to no refurbishment and 100+ with regular repairs and maintenance, it’s entirely possible that a single Falcon Heavy center core could theoretically support all possible future launches of the rocket.
In reality, customers like the USAF and NASA will probably request new hardware for foreseeable Falcon Heavy launches, most of which would likely be extremely expensive flagship satellites (AFSPC-52) or interplanetary spacecraft (Europa Clipper).
Fans of @SpaceX will be interested to note that the government is now taking very seriously the possibility of flying Clipper on the Falcon Heavy.
— Eric Berger (@SciGuySpace) December 3, 2018
Falcon Heavy’s next two launches are planned as early as March (a large communications satellite called Arabsat 6A) and April (an experimental USAF launch called STP-2 with two dozen separate payloads). With two side boosters already in Florida, those dates are now serious possibilities, and the center core’s arrival will be the telltale sign that Falcon Heavy’s second launch ever is imminent.
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.
Tesla’s dreams of operating a fully autonomous ride-hailing platform just took a massive step toward reality, as two separate events have indicated the company is perhaps closer than ever to achieving self-driving as a product.
On Thursday, Tesla was granted authorization by the State of Texas to operate driverless vehicles in a commercial manner. On May 28, Senate Bill 2807, passed by the 89th Texas Legislature, took effect after being passed back on September 1, 2025.
The bill establishes a statewide regulatory framework requiring authorization from the Texas Department of Motor Vehicles for companies to operate automated vehicles commercially on Texas roads.
This covers driverless, or SAE Level 4+, operations for passenger transport, meaning Robotaxi, or freight.
Tesla and other companies can self-certify their vehicles and tech as long as they:
- Operate in compliance with Texas traffic laws
- Maintain proper registration, title, and insurance
- Use compliant automated driving systems
- Record onboard activity and handle system failures and glitches safely.
The new authorization, which was first reported by James Stephenson on X, allows companies to utilize their own processes to determine if their vehicles are ready to operate without drivers.
🚨BREAKING:
Tesla has been authorized by the State of Texas to operate driverless vehicles commercially under the new law that took effect today, May 28th, 2026. Tesla has officially self-certified the software running on its robotaxis as Level 4. $TSLA pic.twitter.com/KSJdsvlaW5— James Stephenson (@ICannot_Enough) May 28, 2026
It is a rule that expedites the entire approval process, keeping agencies out of a usually long, lengthy, and frustrating task that is essential to technological advancements. It essentially means Tesla can launch commercial Robotaxi operations at this point.
On the very same day, Tesla continued the momentum as CEO Elon Musk shared a video of Cybercab units autonomously driving off the property at Gigafactory Texas. This is a major step in the story of the Cybercab.
Mass production of the Cybercab started at Giga Texas in April, and it is already heading out of the factory on its own.
Cybercab driving itself out of the GigaTexas factory pic.twitter.com/EwAMVVDjYy
— Elon Musk (@elonmusk) May 28, 2026
These two major events mark a drastic step forward in Tesla’s progress toward Cybercab and the permissions it needs to operate a self-driving ride-hailing service. Tesla is now able to operate autonomously under Texas law by self-certifying, and with the potentially imminent rollout of Cybercab, Tesla’s autonomous dreams are starting to take serious shape.
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 strikes down reports on SpaceX IPO rumors
Tesla’s Robotaxi dreams just took a massive step toward reality
