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SpaceX’s first operational NASA astronaut mission (almost) ready for launch
SpaceX and NASA have completed the last major review standing between Crew Dragon and Falcon 9 and the duo’s operational astronaut launch debut, meaning that a routine static fire test is all that really remains.
On Thursday, November 5, the SpaceX Crew Dragon capsule – named “Resilience” – of the first operational SpaceX mission to and from the International Space Station (ISS) as a part of NASA’s Commercial Crew Program (CCP) arrived at the Launch Complex 39A hangar at the Kennedy Space Center.
SpaceX is one of two commercial partners that NASA works with to develop a reliable system of crew transportation to and from the International Space Station. Since the retirement of NASA’s space shuttle program, the United States has been reliant on Russia and its Soyuz program to fulfill the task of maintaining an American presence aboard the ISS. With SpaceX’s first operational CCP mission – dubbed Crew-1 – a new era of commercialized crewed spaceflight will be ushered in.
On November 10th, SpaceX and NASA officials convened for a press conference following the successful completion of the Crew-1 flight readiness review (FRR) – the last major review standing between the assembled hardware and liftoff. SpaceX senior director of Human Spaceflight Programs Benji Reed listed off an array of historic milestones crossed as part of the FRR, noting that the review’s completion means that NASA has officially certified SpaceX for operational astronaut launches, making it the first and only private company in the world capable of safely launching humans.
Additionally, Reed revealed that Crew-1 and Cargo Dragon 2’s imminent December 2nd launch debut will together ring in a potentially unprecedented era in commercial spaceflight. Crew-1 – barring surprises in orbit – will further mark the longest continuous American spaceflight ever, beating a record set by a Skylab mission in the early 1970s if Crew Dragon remains in orbit for the full planned 180-210 days.
“Over the next 15 months, we will fly seven Crew and Cargo Dragon missions for NASA. That means that starting with Crew-1, there will be a continuous presence of SpaceX Dragons on orbit. Starting with the cargo mission CRS-21, every time we launch a Dragon, there will be two Dragons in space – simultaneously – for extended periods of time. Truly, we are returning the United States’ capability for full launch services and we are very, very honored to be a part of that.”
Benji Reed, SpaceX – November 10th, 2020
On a more technical level, Reed noted that SpaceX has decided to replace a component of Falcon 9’s upper stage ‘purge system’ and will bring the whole rocket horizontal later today (November 10th). That swap will delay Falcon 9’s Crew-1 static fire from ~8pm today to ~8pm on Wednesday, November 11th. The Crew-1 mission remains on track to launch no earlier than (NET) 7:49 pm EDT, Saturday, November 14th.
The Crew’s All Here
Three days later, after departing Johnson Space Center via a chartered flight from Ellington Field on Sunday, November 8, the four crew members of the Crew-1 mission arrived in Florida by plane at Kennedy Space Center’s former space shuttle landing facility.
Upon arrival, the crew members – NASA astronauts Victor Glover, Mike Hopkins, Shannon Walker, and Soichi Noguchi of the Japanese Aerospace Exploration Agency – were greeted by NASA Administrator Jim Bridenstine, Agency Deputy Administrator Jim Morhard, Kennedy Space Center Director Bob Cabana, and manager of JAXA’s ISS program, Junichi Sakai.
“Today we are taking another big leap in this transformation in how we do human spaceflight. What we’re talking about here is the commercialization of space. NASA is one customer of many customers in a very robust commercial marketplace in low-Earth orbit,” NASA Administrator Jim Bridenstine said.
Final Milestones Ahead of Flight
After arriving at their launch site in Florida, the four-member crew made the short journey to the LC-39A horizontal integration facility acquainting themselves with their “Resilience” Dragon capsule and the SpaceX Falcon 9 booster that will soon propel them to space. The Dragon capsule had been oriented horizontally and mated with the Falcon 9 first and second stages.
Initially targeting liftoff on October 31, the Crew-1 mission experienced a delay after the SpaceX GPSIII-SV04 B1062 Falcon 9 vehicle suffered an early start anomaly initiating an autonomous pad abort at T-2 seconds.
As the GPS B1062 and Crew-1 B1061 Falcon 9 vehicles were likely built simultaneously, SpaceX and NASA decided to take time to inspect all engines, as well as those of the upcoming NASA, European Space Agency Michael Freilich Sentinel-6 booster, B1063. After replacing a number of engines, both missions are on track to launch before the end of the month.
On Monday, November 9, SpaceX and NASA managers began the tedious process of completing a flight readiness review. The meeting that extends an entire day, or two, involves managers from SpaceX, NASA’s Commercial Crew Program, and the International Space Station program collaborating in discussion to conduct a joint pre-flight examination of all previous specialized reviews – such as ones done specifically for the Dragon capsule or the Falcon 9 booster. The meeting also serves as an opportunity for every department to discuss and close out any remaining concerns. The meeting began at 9 am on Monday, November 9, and concluded on Tuesday, November 10.
The B1061 Falcon 9 booster and Crew Dragon “Resilience” capsule were transported the short distance from the hangar to the launchpad ahead of the test firing of the nine Merlin 1D engines – a final test to certify all flight-critical hardware ahead of the launch attempt. Clearing the final hurdle before flight, SpaceX officially acknowledged that the Crew-1 mission is targeting liftoff at 7:49pm EST (0049 UTC on Nov. 15) on Saturday, November 14 from LC-39A at the Kennedy Space Center.
Following liftoff, the Dragon capsule “Resilience” will separate from the Falcon 9 first stage and continue to propel its crew on an uphill journey to rendevous with the ISS approximately seven and a half hours later.
Live hosted NASA and SpaceX coverage of the events will begin approximately three and half hours prior to liftoff at 3:30 pm EST and will be available on NASA TV and the SpaceX website.
Check out Teslarati’s newsletters for prompt updates, on-the-ground perspectives, and unique glimpses of SpaceX’s rocket launch and recovery processes.
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”
