News
SpaceX’s flight-proven Falcon 9 and drone ship fleet ready for duo of launches
SpaceX is gearing up for a duo of flight-proven Falcon 9 launches and drone ship landings on both coasts of the United States, set for liftoff from Cape Canaveral’s Kennedy Space Center and Vandenberg Air Force Base no earlier than (NET) November 15th and 19th, respectively.
#SpaceXArmada: Moments ago, outbound tugboat Hawk with droneship OCISLY in tow in @PortCanaveral. Destination: Booster core landing/recovery LZ of Thursday's #Eshail2 launch, approx 408 mi E of @NASAKennedy. pic.twitter.com/n5FvBdIvpt
— Cowboy Dan (@CowboyDanPaasch) November 12, 2018
East Coast activities
On the East Coast, drone ship Of Course I Still Love You departed from Port Canaveral late last night (Nov 11) as Falcon 9 B1047 rolled onto Pad 39A for a preflight static fire test, where the rocket will be filled with a full complement of fluids (TEA/TEB, helium, nitrogen, oxygen, kerosene) and all nine Merlin 1D engines are ignited in order to replicate the seconds just prior to a real launch. That static fire test was originally expected to occur on November 10 or 11 but has obviously been pushed back a day to Nov. 12, likely meaning that the rocket’s launch – carrying Qatari communications satellite Es’hail-2 – will slip 24 hours to 3:46pm EST (08:46 UTC) on the 16th,
Following the unfortunate loss of Amos-6 during a preflight static fire in September 2016, SpaceX has since made a reasonable move away from performing static fires with payloads integrated atop the rocket, unless the customer specifically requests that it be done that way to save time. As such, Falcon 9 must be brought horizontal, rolled back to the hangar, inspected, and finally have the payload and fairing attached to the rocket, a sensitive process that demands nuance and time. Combined with an analysis of data gathered during the static fire, this process – when all goes as planned – can take at least 48 hours from start to finish, and longer still if any minor off-nominal behavior is observed or the launch customer has additional requirements (typically reserved for NASA and national security-related missions).
-
- B1047 horizontal at Pad 39A, November 11. (Tom Cross)
-
- B1047 made an extraordinary ring vortex rainbow as it smashed through Max Q, the point of highest aerodynamic stress on the rocket. (Tom Cross)
-
- B1046 seen mid-static fire at Pad 39A ahead of Falcon 9 Block 5’s launch debut, May 2018. (Tom Cross)
Because rockets like Falcon 9 are extraordinarily intricate and finely-tuned machines, perfectly nominal launch-related events are few and far between. In reality, the time between static fire rollout and launch readiness is rarely less than three days (72 hours), not including the process of rolling the fully-integrated rocket back out to the pad, aligning and securing the vehicle and transporter-erector (TE) over the flame trench, and finally attaching all umbilical connections and verifying vehicle health. Speaking generally, four to five days is a good rule of thumb for the time it takes to complete Falcon 9’s static fire and return the rocket to the pad after attaching the payload.
Still, it’s always a good sign when a drone ship leaves port, much like OCISLY did on the evening of the 11th. The journey to its destination will take 2-3 days, meaning that the drone ship will be ready to catch Falcon 9 whenever the rocket is ready to launch.
Drone ships and sooty rockets, oh my!
On the West Coast, SpaceX is also getting ready for drone ship Just Read The Instructions (JRTI) to depart Port of San Pedro in anticipation of a presumed sea recovery of Falcon 9 following the NET Nov 19 launch of a multi-satellite rideshare mission known as SSO-A. While SpaceX currently holds two recovery licenses for the booster, one by sea and one at the land-based LZ-4 pad, it’s possible that the company will be forced to use JRTI despite the fact that Falcon 9 will have plenty of propellant left to return itself to the launch site (RTLS). United Launch Alliance’s (ULA) next Delta IV Heavy rocket is currently on-pad with a presumably very expensive National Reconnaissance (NRO) satellite attached roughly 1.5 miles northeast of SpaceX’s LZ-4 – the rest of the gaps are easy enough to fill in.
-
- Falcon 9 Block 5 booster B1046 seen during both of its post-launch landings. (SpaceX/SpaceX)
-
- B1047 completed its first successful launch in July 2018. (Tom Cross)
-
- B1047 seen rolling into 39A’s integration hangar for refurbishment on July 31st. (Reddit – Kent767)
JRTI was spotted by Teslarati photographer Pauline Acalin performing some rare sea trials on November 10 after spending several weeks berthed at port for routine maintenance and deck repairs. Fairing recovery vessel Mr. Steven has also been undergoing some unusual modifications, now proudly sporting what can only be described as a steel horn recently installed on the tip of his bow deck. After sitting out a catch attempt during the launch of SAOCOM 1A to prepare for controlled helicopter drop tests performed over a period of several weeks in October, Mr. Steven will most likely be ready for another stab at operational fairing recovery during SSO-A.
Both rockets – B1047 to the East and (presumed) B1046 to the West – are flight-proven, meaning that they have flown operational orbital missions prior to their upcoming launch attempts, B1047 launched communications satellite Telstar 19V in July 2018, while B1046 has actually performed two successful launches already, Bangabandhu-1 in May and Telkom 4 (Merah Putih) in August.
For prompt updates, on-the-ground perspectives, and unique glimpses of SpaceX’s rocket recovery fleet check out our brand new LaunchPad and LandingZone newsletters!
In the world of autonomous ride-hailing, there are only a handful of names. Among those few companies lies a strategy play by each to keep the opposition on their toes. Tesla, on the other hand, already tipped its hand at where it is headed next.
Tesla has signaled its next major push in the autonomous ride-hailing market by filing for an Autonomous Vehicle Network Company permit in Nevada (Docket 26-05015). Through Tesla Robotaxi, LLC, the company seeks approval to operate up to 5,000 robotaxis in Clark County, including high-traffic areas like Las Vegas and Henderson airports, within the first 12 months of launch.
This filing builds on Tesla’s earlier testing approvals from the Nevada DMV in September 2025 and preparations such as maintenance hubs in the Las Vegas area. Nevada represents a strategic expansion into a major tourist destination, where high visitor volumes could drive strong utilization and showcase the reliability of unsupervised autonomy to a broad audience.
We’d have to assume this means Tesla is targeting Las Vegas, and it’s a great move from a business perspective.
Vegas is such a melting pot of people from all around the country and the world. It will expose people from all corners of the globe to Tesla’s autonomy capabilities https://t.co/Qz3fQmhULF pic.twitter.com/Du5pj2RyWC
— TESLARATI (@Teslarati) June 6, 2026
Approval would mark a significant step toward commercial operations in a new state, following progress in Texas.
Tesla’s shareholder decks and earnings calls have clearly outlined these ambitions. In the Q4 2025 shareholder deck, the company listed planned Robotaxi coverage for the first half of 2026, explicitly naming Las Vegas alongside Phoenix, Miami, Orlando, and Tampa, with Dallas and Houston already advancing. Austin was noted as “ramping unsupervised,” while the Bay Area remained in safety-driver mode.
By Q1 2026, the deck updated statuses to reflect launches in Dallas and Houston, with “preparations underway” for the remaining cities, including Las Vegas. Paid Robotaxi miles nearly doubled sequentially in Q1, underscoring momentum even as broader timelines adjusted slightly for regulatory and operational readiness.
On earnings calls, CEO Elon Musk and executives have emphasized a phased rollout prioritizing safety. Unsupervised operations in Texas have shown strong results with no reported accidents or injuries in the program. Tesla continues groundwork in additional major U.S. metros through testing and permitting, positioning it to scale quickly once approvals clear.
This Nevada move aligns with Tesla’s vision of transforming from an EV maker into an AI and robotics leader. The forthcoming Cybercab, which started production at Giga Texas in April, is expected to eventually dominate the fleet, replacing many Model Y vehicles and driving down costs to enable affordable rides.
For investors and the industry, this signals Tesla’s intent to dominate key Sun Belt and tourist markets where weather, regulations, and demand favor rapid scaling. Success in Las Vegas could validate the model for denser urban and high-tourism environments, accelerating the shift toward a future where robotaxis generate meaningful revenue.
Las Vegas will also expand knowledge among the general public at Tesla’s capabilities, helping people experience driverless ride-hailing from several companies during their time on The Strip.
The Tesla Model 3’s cheapest trim level just got a major accolade, as Edmunds just revealed the Rear-Wheel-Drive trim of the all-electric sedan is the most efficient EV that is currently in production.
The 2026 Tesla Model 3 Rear-Wheel-Drive not only beat its EPA-estimated range by 30 miles, but it also bested its efficiency mark by 13.2 percent. The Model 3 tested by Edmunds traveled 393 miles, beating its EPA rating by 8.3 percent, while it returned 21.7 kWh per 100 miles, or 4.61 mi/kWh.
Beating those two metrics is especially pertinent when it comes to EV ownership and driving down the cost of ownership from ICE counterparts across the board. The real money savings come from driving down the cost of driving per mile, especially when it comes to high-mileage driving.
Edmunds stated in its report and review that the process it uses to test EV efficiency is aimed at giving “the most accurate representation of a car’s real-world range.” The assessment uses a strict route that features 60 percent city and 40 percent highway driving, and an average speed of 40 MPH across the trip.
It also drives each car within 5 MPH of all posted speed limits, and the climate control is set on Auto at 72 degrees to ensure even testing. In other words, Edmunds does not use methods to maximize efficiency, and instead tries to make it reasonable to achieve the same ratings yourself.
In comparison to other EVs, it beat the 2026 Mercedes-Benz CLA 350, which went 385 miles, as well as the 2026 Audi A6 Sportback E-tron Prestige AWD, which traveled 392 miles. Only the Mercedes-Benz CLA 250+ traveled farther, making it an impressive 434 miles on a charge.
However, the Tesla Model 3 RWD’s efficiency is “unmatched” because of its incredibly low energy usage per mile.
🚨 Tesla Model 3 RWD:
-At $36,990, it is $9,000 cheaper than the average transaction price for a new car ($46,023 via KBB)
-Was 13.2% more efficient than its EPA estimate
-Traveled 393 miles on a charge despite its 363-mile EPA range https://t.co/Grov2hXqpa pic.twitter.com/Zl8rnZZLIB
— TESLARATI (@Teslarati) June 8, 2026
The Model 3 Rear-Wheel-Drive might be the best bang-for-your-buck EV if you’re looking to buy new and want access to features like Full Self-Driving, while also being aware of efficiency. This trim of the Model 3 is also priced over $9,000 cheaper than what Kelley Blue Book says the average transactional price for a new car was in May 2026, which sits at $46,023.
If you’re looking for something with more speed, an All-Wheel-Drive drivetrain, or more premium features, the Premium trims of the Model 3 currently come with one year of Free Supercharging.
The Ontario Teachers’ Pension Plan (OTPP) stands to reap one of the most extraordinary returns in pension fund history thanks to a bold 2019 investment in SpaceX.
According to a recent report from The Globe and Mail, the Toronto-based fund invested roughly $300 million CAD (~$220 million USD at the time) in Elon Musk’s space company as its inaugural deal through the Teachers’ Innovation Platform.
At SpaceX’s anticipated $1.75 trillion IPO valuation, set for a mid-June debut on Nasdaq under ticker $SPCX, that stake could now be worth up to $11.6 billion USD. This would represent a roughly 50x return and easily become OTPP’s most successful single investment ever.
The fund manages $279 billion in assets for approximately 346,000 working and retired teachers in Ontario, potentially delivering an average boost of around $33,500 per member if fully realized.
SpaceX has filed its S-1 and plans to price shares at $135 each, aiming to raise a record $75 billion in what would be the largest IPO in history, surpassing Saudi Aramco. The company reported $18.67 billion in revenue for 2025, driven primarily by Starlink satellite internet growth and NASA contracts, though it continues to post significant losses tied to ambitious R&D in Starship and AI initiatives.
Important pieces moving forward include:
- Starlink Expansion: The satellite broadband service is scaling rapidly, targeting global connectivity, especially in underserved rural and remote areas. This segment offers massive recurring revenue potential as numbers climb.
- Starship and Reusability Leadership: SpaceX’s fully reusable Starship aims to slash launch costs dramatically, enabling frequent missions, Mars ambitions, and lucrative government/defense contracts. Success here could unlock exponential growth.
- AI and Diversification: Recent moves, including ties to xAI, position SpaceX in high-growth AI infrastructure, broadening beyond traditional aerospace.
- Validation Scrutiny: While the $1.75 trillion target excites investors, analysts like Morningstar value the company closer to $780 billion, citing high multiples (around 90x trailing revenue) and execution risks. A 180-day lockup period will prevent early investors like OTPP from selling immediately post-IPO.
The irony has not been lost on observers. Ontario’s government previously canceled a Starlink rural internet contract amid political tensions involving Musk, yet the pension fund’s savvy investment, made when SpaceX was valued around $33-36 billion, and Starlink was nascent, delivers outsized gains independent of politics.
For OTPP, this windfall strengthens its already solid 111 percent funding ratio and underscores the value of patient, innovation-focused capital allocation.
For SpaceX, the IPO marks a new chapter: greater transparency, access to public markets for talent retention and growth capital, and heightened pressure to deliver on its multi-planetary vision.
All eyes are fixed on whether SpaceX can justify its lofty valuation through sustained execution. For Ontario teachers, the returns are already stellar, but SpaceX, like other Musk companies in the past, has plenty of things to prove. Perhaps the most ideal person for the job is at the helm, hoping to bring the company to a massive valuation.
Tesla tipped its hand at where Robotaxi is heading next
Tesla Model 3’s cheapest trim just got a major accolade
