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SpaceX’s first NASA astronauts to receive Space Medal of Honor for Dragon test flight
NASA says that the astronauts responsible for SpaceX’s first crewed Dragon test flight will be awarded the Congressional Space Medal of Honor for their bravery.
Kamala Harris, the sitting US Vice President and Chair of the National Space Council, will bestow the exceptionally rare awards to former NASA astronauts Douglas Hurley and Robert Behnken in a ceremony on Tuesday, January 31st. NASA will stream the event live on all social media platforms and its own NASA TV service, beginning around 4:15 pm EST (21:15 UTC).
The update that's rolling out to the fleet makes full use of the front and rear steering travel to minimize turning circle. In this case a reduction of 1.6 feet just over the air— Wes (@wmorrill3) April 16, 2024
Since Congress authorized the Congressional Space Medal of Honor in 1969, it has been awarded just 28 times. Just 11 went to living astronauts, while the other 17 were awarded posthumously: to the three NASA astronauts killed in the 1967 Apollo 1 accident and the 14 astronauts killed in the Space Shuttle’s 1986 Challenger disaster and 2003 Columbia disaster. Former President George W. Bush awarded the most recent medal to Robert L. Crippen, the first Space Shuttle pilot, in 2006.
NASA notes that “despite the medal’s name, the President awards this medal based upon recommendations from the NASA Administrator,” indicating that Administrator Bill Nelson selected Behnken and Hurley for the honor. It’s difficult to imagine a pair of astronauts more worthy of ending the 16-year gap since the last Space Medal of Honor was awarded.
Prior to the Dragon test flight they will be honored for, Behnken and Hurley had storied careers in the US military and at NASA. Bob Behnken earned a PhD in mechanical engineering from Caltech in 1997 and eventually became a lead flight test engineer in the US Air Force’s F-22 Raptor program. He was selected as a NASA astronaut candidate in 2000 and flew two Space Shuttle missions in 2008 and 2010. In 2012, Behnken was chosen to lead NASA’s prestigious Astronaut Office, and did so for three years before he began training for the Commercial Crew Program.
Doug Hurley earned a Bachelor’s degree in civil engineering in 1988 and received a commission in the US Marine Corps upon graduating. He made three deployments as an F/A-18 pilot and later became a Navy Test Pilot in 1997. Hurley was “the first Marine pilot to fly the F/A-18 E/F Super Hornet” and has experience flying more than 25 types of aircraft. He was also selected to become an astronaut in 2000 and flew on two Space Shuttle flights, including the Shuttle’s 135th and final mission in 2011.
In 2018, Bob Behnken and Doug Hurley were assigned to SpaceX’s first crewed Crew Dragon test flight. Leaning on their histories as pilots and engineers, they worked with SpaceX for multiple years before the company’s historic astronaut launch debut. Their input lives on today throughout SpaceX’s Dragon program, from the spacecraft’s design and interior to how the company trains private and public astronauts.
On May 30th, 2020, Bob Behnken and Doug Hurley became the first NASA astronauts to lift off from US soil since the Space Shuttle’s 2011 retirement and the first astronauts in history to ride a privately-developed rocket and spacecraft into orbit. Defying expectations, Crew Dragon beat Boeing’s Starliner spacecraft to the punch and performed (more or less) flawlessly throughout its Demo-2 test flight.
NASA was so confident in SpaceX – and encouraged by Crew Dragon’s initial performance – that Demo-2 was extended from a minimum duration of about a week to 62 days. After two months in orbit, Crew Dragon successfully undocked from the International Space Station (ISS), deorbited, reentered Earth’s atmosphere, deployed parachutes, and gently splashed down in the Gulf of Mexico – safely returning Behnken and Hurley to Earth.
The highly successful test flight allowed NASA to rapidly certify Dragon. Less than four months later, another Crew Dragon spacecraft lifted on a Falcon 9 rocket on SpaceX’s first operational astronaut ferry mission for NASA. More than two years later, Boeing’s Starliner remains uncertified, and Crew Dragon is still the only spacecraft capable of sustaining the presence of NASA astronauts at the ISS. SpaceX is on track to launch its sixth consecutive astronaut ferry mission – Crew-6 – no earlier than February 26th.
The pressure on SpaceX and the importance of Crew Dragon to NASA cannot be overstated. In a nontrivial sense, NASA and SpaceX would not have Crew Dragon’s essential – and currently irreplaceable – capabilities without the work done and risks taken by Behnken and Hurley. Had either astronaut made a significant mistake or faltered during Dragon’s Demo-2 test flight, the state of US human spaceflight could be significantly worse off than it is today. Instead, the astronauts played their parts to perfection and helped catapult SpaceX, NASA, and the world into a new era of commercial human spaceflight.
Bob Behnken and Doug Hurley retired from NASA in 2021 and 2022, respectively. They will receive the 29th and 30th Congressional Space Medals of Honor.
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”
