News
SpaceX on track to launch four rockets next month despite Falcon Heavy delays
Despite the intense focus on SpaceX’s first Falcon Heavy launch attempt and the testing preceding it, SpaceX is still a functioning business, and that business lies in launching payloads into Earth orbit. While it appears that January is unlikely to see any additional SpaceX launches, particularly Falcon Heavy, the launch company’s February manifest appears to be rapidly firming up.
Perhaps most significantly, two geostationary communications satellites completed their long journeys to Cape Canaveral, Florida within the last week or so, and a third payload on the West Coast is presumed to be at Vandenberg Air Force Base, all preparing for February launches. Meanwhile, although it is unclear how close Falcon Heavy is to launching, a date in mid to late February appears realistic at this point. As such, SpaceX has at least three and maybe four missions concretely planned for February – concrete in the sense that three of them were given specific launch dates within the last week.
Falcon Heavy is now targeting Friday, January 19 for its first static fire test. (Tom Cross/Teslarati)
A return to stride
Following a halcyon year of 18 launches, SpaceX appears to be ready to tackle its manifest headfirst after a relatively relaxed start to 2018. January saw a single SpaceX launch, Zuma, as well as the ongoing series of tests of the first completed Falcon Heavy launch vehicle, although the big rocket’s launch date has likely already slipped into February at the earliest. Still, SpaceX’s Falcon 9 workhorse rocket is rearing for additional launches, and options abound.
GovSat-1 (SES-16) – NET late January 2018
First on the docket is the launch of GovSat-1/SES-16, a public-private partnership between Luxembourg’s government and the renowned Lux.-based satellite manufacturer and operator, SES. Similar to Hispasat, GovSat-1 is a geostationary communications satellite weighing around 4000 kg that will be placed in a geostationary transfer orbit by Falcon 9. If it flies before Falcon Heavy, something I’d place at around 99% likely, the launch of PAZ will mark SpaceX’s first reused flight of 2018, with many, many more to come. This particular launch will use Core 1032 from the secretive NROL-76 mission back in May 2017. 1032 is an older booster, and thus a recovery attempt is unlikely – Block 3 Falcon 9s were never designed to be reused more than once or twice, especially not after toasty high-energy recoveries necessitated by geostationary launches.
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- After launching NROL-76 in May 2017, B1032 returned to Landing Zone-1 for a successful landing. (SpaceX)
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- SES and GovSats’ first partnered satellite, GovSat-1/SES-16. (SES)
PAZ – Starlink prototype co-passengers – NET February 10 2018, 6:52am PST
Up next, PAZ is a commercial imaging satellite designed to return high-resolution photos of Earth from a relatively low polar orbit of approximately 500 km. It’s believed that this mission will be launched aboard a flight-proven Falcon 9 booster, Core 1038, previously tasked with the launch of the small Formosat-5 imaging satellite in August 2017. The mission will be the second 2018 launch of a flight proven booster for SpaceX, following on the heels of GovSat-1. Perhaps more important than reuse (but secondary to the customer’s payload insertion), however, is the probable presence of two of SpaceX’s first prototype broadband satellites, a constellation now known to be called Starlink.
This will be a major achievement for SpaceX’s satellite constellation efforts, as the several hundred employees SpaceX has stationed in Washington State and outside of Hawthorne, CA will finally be able to operationally test the fruit of many months of hard but silent work. Given the presence of two satellites, it’s assumed that these test satellites, Microsat 2A and 2B, have been designed to test all of the main components SpaceX has been developing, particularly the optical (LASER) on orbit communications system. By allowing each satellite to communicate at incredibly high bandwidths with each other, SpaceX’s ultimate goal is to create a mesh network of connectivity covering the entire Earth.
As such, fingers crossed that SpaceX begins to discuss Starlink in more detail as 2018 progresses and PAZ and its Microsat co-passengers reach orbit in February. Sadly, although the combined payload is small and the planned orbit low, the twice-flight-proven booster may meet its ultimate fate in the Pacific Ocean – a recovery attempt is no longer guaranteed for older, reused Falcon 9s. However, while not officially confirmed, this launch could see the debut of SpaceX’s Western landing pad, currently known as SLC-4 West (SLC-4W). Rather than attempting recovery aboard the drone ship Just Read The Instructions, Falcon 9 1038 would instead flip around and return to a landing area less than a kilometer away from its VAFB launch pad. Expect official confirmation as the launch date approaches.
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- The Spanish company Hisdesat’s PAZ imaging satellite. (Hisdesat)
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- Falcon 9 1038 aboard Just Read The Instructions after the launch of Formosat-5. (SpaceX)
Hispasat 30W-6 (1F) – No Earlier Than (NET) mid-February 2018
Finally, Hispasat is a relatively hefty 6000 kg commercial communications satellite slated for launch aboard what is believed to be a new Falcon 9 rocket. With SpaceX aiming to place the satellite into a geostationary transfer orbit, this will almost certainly preclude any attempts at recovering the first stage – the booster will need to expend most of its fuel to accomplish the job, leaving no reserve to conduct landing burns at sea. Hispasat’s Falcon 9 will thus likely be the first new booster to be expended intentionally by SpaceX in 2018.
Spain's @Hispasat: 30W-6 telecom sat arrives at Cape Canaveral from builder @sslmda to prepare for Feb launch on @SpaceX Falcon 9. Sat carries Ku-, C- & Ka-band payload for Americas/trans-Atlantic. pic.twitter.com/Zfhi1cE5vx
— Peter B. de Selding (@pbdes) January 16, 2018
Another busy year?
If February is to be representative of SpaceX’s 2018 launch cadence, the year is going to be a crazy one for the rocket company. As of IAC 2017, Elon Musk showed an estimated 30 launches as the company’s goal this year, compared to 20 in 2017 (SpaceX was only two launches short of that). While Falcon Heavy may be understandably stealing the buzz and then some from those interested in spaceflight and technology, it is an absolute necessity that SpaceX remains a viable and reliable launch company if they hope to pursue more aspirational technologies like Falcon Heavy, BFR, and more. Here’s to hoping that SpaceX manages to make 2018 equally or even more successful than 2017.
Follow along live as launch photographer Tom Cross and I cover these exciting proceedings as close to live as possible.
Teslarati – Instagram – Twitter
Tom Cross – Instagram
Eric Ralph – Twitter
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”
