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SpaceX fans are launching a novel effort to invest in the company [Interview]

Falcon Heavy Flight 3 made use of both flight-proven side boosters and a new center core. Note the scorched landing legs and sooty exteriors. (SpaceX)

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Spaced Ventures Founder and CEO Aaron Burnett found his calling when he saw the Falcon Heavy’s two side boosters landing in perfect unison during the spacecraft’s maiden voyage. SpaceX sought to inspire people with Falcon Heavy and its spacefaring Tesla Roadster, and for Burnett, the rocket’s flight definitely did.  

“That thing, that image, essentially broke my brain wide open. That’s why I got involved and started doing what we’re doing today,” he said during a conversation with Teslarati

Spaced Ventures is, to put it simply, an equity crowdfunding platform that pools money from individual investors to buy shares in privately held aerospace companies. The company is currently attempting its most ambitious initiative yet — securing enough pledges to get SpaceX’s attention and have its community members become investors in the private space company. 

Credit: Spaced Ventures

Aaron Burnett, Founder and CEO of Spaced Ventures

If the initiative succeeds, Spaced Ventures will become one of the few firms that were able to get individual shareholders into SpaceX. Achieving such a feat is not easy, as Elon Musk has openly expressed his reservations about taking SpaceX public in the past. SpaceX may be spinning off some of its divisions like Starlink and making those public, but for now, investing in the private space company is still an incredibly tricky endeavor.  

During his conversation with Teslarati, Burnett, whose experience included leading growth for startups and a Fortune 500 company, explained that Spaced Ventures’ attempt to invest in SpaceX was the result of the community’s wishes. The Spaced Ventures community is closing in on 13,000 users, and with this growth, the company’s leadership opted to ask the community a question. 

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“If we could get a big space company to do a crowdfunding round, which one would you want?” 

Burnett had a feeling that SpaceX would be one of the community’s top choices, but Spaced Ventures also provided other options, such as Axiom Space and Relativity Space. The choices in the survey featured aerospace companies with lofty goals, but as the results came in, it became highly evident that Spaced Ventures’ users overwhelmingly wanted to invest in SpaceX. 

About 82% of the users polled wished to invest in Elon Musk’s private space company. “It was quite decisive. We could have guessed that that would happen. But this was a very nice, decisive moment for us where we said, ‘Okay, we’ll just do that,’” Burnett said.

And with that, Spaced Ventures started gathering pledges for its SpaceX initiative. The equity crowdfunding platform is looking to secure pledges worth $25 million from its users before it approaches SpaceX, and so far, it appears that Spaced Ventures may indeed have a shot. As of writing, 1,102 community members have pledged a total of $17,657,964 for the private space company. 

Credit: Spaced Ventures

That’s not a small amount by any means, and it’s quite impressive considering that pledges could be as low as $100. But this is only half the story, as some community members pledged amounts that were so notable that Burnett and his team had to double-check. When Spaced Ventures did, the aspiring SpaceX investors clarified that if given a chance, they would actually be investing more

“I think what really surprised us is there are some individuals that wanna put a million or more. I’m like, ‘Ah, this seems ridiculous.’ So I call or (contact them) by email and say, ‘Wanna verify before we go to SpaceX. This is real. It’s not a joke.’ And several of them have responded that not only were they very serious, but they would increase it beyond that if we would allow that number to go bigger.

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“Those individuals surprised me. Just the general interest, I think is quite crazy to me— how much people are really passionate about it— so much that they would put significant amounts of money to essentially say, ‘Hey, SpaceX, let us in any way, shape, or form you can,’” Burnett remarked. 

Ultimately, it is no surprise that Spaced Ventures’ users are willing to go all-in on SpaceX. The private space company has already proven itself over the years, and its projects, such as Starship, have the potential to practically transform humanity into a spacefaring civilization. With this in mind, the idea of SpaceX eventually hitting a valuation well into the trillions of dollars is not too farfetched. 

For now, Spaced Ventures continues to accept pledges from interested parties. When $25 million has been pledged, the equity crowdfunding platform would approach SpaceX and ask the private aerospace company if the amount can be invested. It’s almost like a bet of sorts, but one that could definitely have notable returns if it is successful. 

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Those interested in joining Spaced Ventures’ SpaceX initiative can click here

Don’t hesitate to contact us with news tips. Just send a message to simon@teslarati.com to give us a heads-up.

Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

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SpaceX reveals Starship Flight 13 launch date

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SpaceX Starship V3 flight 12
SpaceX Starship V3 flight 12 (Credit: SpaceX)

SpaceX is preparing for the 13th integrated flight test of its Starship system, with a targeted launch as early as Thursday, July 16. The 90-minute launch window opens at 5:45 p.m. CT from Starbase in South Texas.

This comes roughly seven weeks after Flight 12 on May 22, underscoring the company’s accelerating pace in its rapid development campaign. The mission will use the latest Starship and Super Heavy V3 vehicles equipped with Raptor 3 engines. Booster 20 will attempt a controlled boostback burn, followed by a splashdown in the Gulf of Mexico, while Ship 40 will follow a suborbital trajectory.

Key objectives for Flight 13 will include demonstrating reliable stage separation, engine performance under various conditions, and controlled reentry.

A major milestone for Flight 13 is the first deployment of 20 next-generation Starlink V3 satellites. These satellites feature advanced laser links for inter-satellite communication, deployable solar arrays, and onboard cameras, six of which will capture imagery of Starship’s heat shield during flight.

Several heat shield tiles on Ship 40 will be painted white to serve as imaging targets, while additional experiments test upgraded tiles on aft flaps, modified attachments on the aft skirt, and load-sensing tiles to measure stresses. The upper stage will also attempt a single Raptor engine relight in space before a targeted splashdown in the Indian Ocean.

These tests build directly on lessons from Flight 12, which introduced the V3 configuration but encountered issues including a booster flip anomaly during boostback and an engine-out event on the ship. Hardware and software modifications on Booster 20 and Ship 40 aim to improve engine relight reliability, startup sequencing, and overall robustness.

The short interval between Flights 12 and 13 highlights SpaceX’s iterative approach. Elon Musk has repeatedly emphasized that Starship launches will become “incredibly common” in the coming years.

The company envisions scaling to rates as high as one launch per hour within 4-5 years, potentially enabling thousands of flights annually. Such cadence is essential for Starship’s goals: establishing orbital refueling for lunar and Mars missions, deploying massive satellite constellations, and making life multiplanetary.

With each flight, Starship edges closer to full reusability and operational maturity. Success on July 16 would mark another step toward routine access to space and the ambitious vision of humanity becoming a spacefaring civilization.

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Tesla shows rapid teardown of Model S and X lines, paving the way for Optimus at Fremont

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Credit: Tesla

Tesla shared a striking video showcasing the decommissioning of the original Model S and Model X assembly line at its Fremont Factory in Northern California. Completed in just 46 days, the teardown involved heavy machinery dismantling concrete pits, removing robotic arms and conveyors, and clearing the space for new production.

The post, captioned “End of an era,” captured both the end of a historic chapter and Tesla’s aggressive pivot toward its next major initiative, Optimus.

The decision to retire the Model S and Model X originated during Tesla’s Q4 2025 Earnings Call in late January 2026. CEO Elon Musk announced that production of the company’s flagship sedan and SUV would wind down by the end of Q2 2026, describing it as bringing the programs to an “honorable discharge.”

Custom orders ceased around early April 2026, with the final vehicles rolling off the line in early May. A special signature delivery ceremony on May 20 marked the emotional close for these vehicles, which had defined Tesla’s early success and luxury EV segment since the Model S launch in 2012.

The primary reason for tearing down the lines was to repurpose the valuable factory floor space for high-volume production of Tesla’s Optimus humanoid robot. Musk had indicated on Earnings Calls that the Fremont S/X line would be replaced by a dedicated Optimus manufacturing line targeting a capacity of one million units per year.

Elon Musk outlines Tesla Optimus production expectations

This move aligns with Tesla’s broader strategic shift from traditional vehicle manufacturing toward robotics and artificial intelligence, leveraging the company’s expertise in autonomy, AI training, and high-volume production.

Optimus, Tesla’s general-purpose humanoid robot, is designed to perform repetitive or dangerous tasks in factories, warehouses, and eventually homes. Powered by Tesla’s AI and Neural Networks, it aims to be a versatile, affordable platform. Production of Optimus Gen 3 is already underway in limited form at Fremont, with full-scale output on the converted line expected to begin in late July or August.

Tesla is targeting rapid scaling, with internal ambitions pointing toward tens or even hundreds of thousands of units annually by the end of 2026.

Longer-term, Tesla is constructing a much larger second-generation Optimus facility at Giga Texas, with potential capacity reaching millions of units per year. The company views Optimus as a transformative product that could eventually surpass its automotive business in scale and value, enabling widespread deployment of useful robots across industries. CEO Elon Musk has even predicted it would be the most popular product of all-time.

As one era closes at Fremont, another is rapidly taking shape.

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Elon Musk

Elon Musk admits he was ‘clearly wrong’ about Anthropic

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Ministério Das Comunicações, CC BY 2.0 , via Wikimedia Commons

Elon Musk posted a candid admission on his social media platform X on June 9, declaring that he had been “clearly wrong” about Anthropic. The statement marked a notable reversal from his earlier skepticism toward the AI company.

In September, Musk had written, “Winning was never in the set of possible outcomes for Anthropic,” reflecting his view at the time that the startup had lacked the foundation or even the trajectory to succeed in what is an incredibly intense race for advanced artificial intelligence.

Musk’s latest post came amid discussion of Anthropic’s reliance on external compute resources. He praised the company’s progress, stating that Anthropic is “obviously currently the leader in AI” and that “no company has released a model as good as Mythos/Fable,” with expectations of a strong follow-up in Mythos 2.

The tone shifted dramatically from dismissal to acknowledgement of superior performance.

The context of Musk’s comments added significance. Anthropic has been operating under a recent compute deal with SpaceXAI, Musk’s AI infrastructure-focused venture. The pair entered a short-term GPU lease agreement initiated in May, providing Anthropic access to critical computing power for training and deploying its frontier models.

SpaceXAI signs agreement with Anthropic for massive AI supercomputer access

Some observers had speculated that Musk could leverage this dependency to disadvantage a rival. Musk directly addressed the possibility, writing, “I would never cut them off in a way that hurt them badly, even as a competitor. That’s not my style.”

To support his commitment to ethical competition, Musk referenced concrete examples from his other companies. Tesla famously open-sourced its entire portfolio of electric vehicle patents in 2014. The move was designed to accelerate the global adoption of sustainable transportation technology rather than protect proprietary advantages.

Tesla also made its Supercharger network available to competing electric vehicle manufacturers, transforming what could have remained an exclusive charging ecosystem into a shared infrastructure that benefits the broader industry and reduces barriers for EV adoption.

Musk further pointed to SpaceX’s practices, noting that the company launches satellites for competing commercial systems “with no increase in price or use of unfair terms.” He extended the principle to his social platform, observing that “even my worst enemies attack me on this platform,” underscoring preference for open discourse over retaliation.

These examples have illustrated Musk’s long-standing philosophy that long-term technological progress is best served by open competition and infrastructure sharing rather than leveraging market power to stifle rivals. In the fast-evolving AI sector, where compute resources and model capabilities determine leadership, Musk’s stance suggests a willingness to compete on innovation and performance alone.

Musk’s admission arrives as SpaceXAI itself advances its own frontier models while maintaining business relationships across the ecosystem. By publicly correcting his earlier assessment and reaffirming principles of fair play, Musk highlights a model of competition that prioritizes advancement of the field over short-term tactical advantages.

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