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SpaceX launches first Starlink mission of 2023 after eight delays
A Falcon 9 rocket has successfully launched SpaceX’s Starlink 2-4 mission after seven delays pushed it from November 2022 to January 2023.
Starlink 2-4 was originally scheduled to launch as early as November 18th, 2022, but was delayed shortly after its Falcon 9 rocket conducted a static fire test. The delay was indefinite, and that specific rocket ultimately launched a different commercial payload in late December. The internet satellite launch was finally rescheduled for January 9th, 2023, kicking off a string of additional delays. Weather delayed the January 9th attempt. Issues with Falcon 9’s second stage delayed the January 10th attempt. Additional “pre-launch checkouts” delayed the launch from January 11th to the 14th, which was then pushed to January 15th for “constellation optimization.“
Poor weather delayed Starlink 2-4 from January 15th to January 18th, and SpaceX eventually delayed the mission to January 19th without explanation. On January 19th, SpaceX even delayed Starlink 2-4 an eighth time, from 7:23 am PST to 7:43 am PST. But at long last, Starlink 2-4 did, in fact, lift off at 7:43 am PST, ending the longest streak of delays experienced by SpaceX in several years.
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
In a rare twist, the first delay caused SpaceX to shuffle booster assignments, and Starlink 2-4 wound up with B1075. B1075 had never flown before, making Starlink 2-4 the second Starlink mission that has debuted a new Falcon booster. Ordinarily, SpaceX has always reserved new boosters – of which only a handful are built annually – for its more conservative customers. The US military in particular was slow to warm up to the idea of flying operational “national security” payloads on reused Falcon boosters, and often required (and paid for) new boosters whenever possible.
But even that wall mostly crumbled in 2022. SpaceX debuting another new Falcon 9 booster on its own low-priority Starlink mission is perhaps the best evidence of that. NASA and the US military have simply come to trust SpaceX’s flight-proven Falcon boosters, and no longer feel the need to reserve every new Falcon 9.
Falcon 9 booster B1075 ultimately aced its orbital-class launch debut and touched down on drone ship Of Course I Still Love You (OCISLY) about nine minutes after liftoff. Assuming the seas are calm enough for B1075 to survive the return to Port of Long Beach, it likely has a long life of 15+ launches ahead of it. The Falcon upper stage launched by B1075 eventually reached low Earth orbit (LEO) and deployed another 51 Starlink V1.5 satellites about 30 minutes after liftoff. Starlink 2-4 should leave SpaceX with almost 3400 working Starlink satellites in orbit.
OCISLY gets an upgrade
B1075’s landing also revealed upgrades SpaceX has made to drone ship OCISLY since it was last used in October 2022. Harry Stranger first discovered the changes with satellite imagery, which revealed that SpaceX was upgrading OCISLY’s rectangular with angular ‘wings’. The wings appear to be identical to those installed on SpaceX’s newest drone ship, A Shortfall of Gravitas. ASOG debuted in mid-2021 with a number of upgrades not present on SpaceX’s two other drone ships. Most were intended to improve the ship’s resiliency, availability, and autonomy.
According to photographer Jerry Pike, the angular wings on ASOG (and now OCISLY) could make the drone ship much easier to tow. Reducing drag could also increase the effectiveness of their existing propulsion systems, potentially allowing them to maintain their position in harsher sea conditions and stronger currents than before. SpaceX CEO Elon Musk has previously stated that the ultimate goal is a fully-autonomous drone ship capable of heading to sea, recovering Falcon boosters, and returning to port without human intervention.
There is no evidence that SpaceX is any closer to that goal since ASOG’s debut 16 months ago. Nonetheless, OCISLY’s upgrades should improve the drone ship’s usability as SpaceX attempts to launch (and land) up to 100 rockets in 2023.
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
