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SpaceX Inspiration4 Dragon, Falcon 9 booster return to port after flawless mission

SpaceX's Inspiration4 Crew Dragon and Falcon 9 booster returned to port around 12 hours apart after supporting an historic private astronaut launch. (SpaceX/Richard Angle)

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After acing a flawless commercial astronaut launch debut, SpaceX’s Inspiration4 Crew Dragon spacecraft, Falcon 9 booster, and the four private astronauts they carried have been safely returned to dry land.

Simultaneously, thanks to a decently executed media strategy, a well-received Netflix documentary, and the spectacular overall success of the Inspiration4 launch, a senior SpaceX engineer and manager says that the company is seeing a major influx in new demand from the ultrawealthy for more private free-flyer missions to orbit. In fact, the amount of interest is so significant that SpaceX may even consider building one or more Dragon spacecraft that would be solely dedicated to private astronaut missions.

Crew Dragon streaks back to Earth from orbit with the world’s first all-private astronaut crew. (Richard Angle)
Jared, Sian, Hayley, and Chris inspect the Falcon 9 booster that took them to space. (Richard Angle)

Around 8:03pm EDT on Wednesday, September 15th, a twice-flown SpaceX Falcon 9 booster and a new expendable upper stage flawlessly delivered a once-flown Crew Dragon spacecraft and the world’s first all-private crew of astronauts to orbit. As is now routine, Falcon 9 booster B1062 landed on a drone ship without issue, where a robot and human team secured the booster for transport back to Florida. On September 18th, after spending almost three days in orbit, reaching heights higher than any private astronauts have ever experienced, and enjoying the first flight of the world’s largest window in space, Crew Dragon lowered its orbit and completed its fourth successful orbital reentry, descent, and splashdown.

In a post-splashdown press conference, after plenty of congratulations, SpaceX Director of Dragon Mission Management Benji Reed revealed that Inspiration4 appears to have inspired a dramatic uptick in the amount of interest the company’s private spaceflight sales and marketing teams are experiencing. More specifically, Inspiration4 has effectively proven that free-flyer missions in a spacecraft as small as Crew Dragon are not only doable – but potentially enjoyable, too.

As a result, SpaceX is suddenly seeing far more interest in similar free-flyer missions. While not nearly as extensive as one or two-week-long private missions to the International Space Station (ISS), of which SpaceX already has several under contract, free-flyer missions are both substantially cheaper (likely >$25M) and a magnitude easier to coordinate. Due to a combination of apparently poor planning on NASA’s part and a years-old SpaceX launch failure in 2015, the ISS only has two docking ports available to US crewed spacecraft – one of which is likely to be almost permanently occupied for the indefinite future. That lone free port is the only place SpaceX’s new Cargo Dragon 2 spacecraft can dock and must also host a second Crew Dragon (or Boeing Starliner, eventually) every ~6 months during crew hand-offs.

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That ultimately means that the slots for additional crew or cargo spacecraft in need of those specific docking ports are incredibly few and far between, while the few that do exist are fickle at best given the high probability of minor launch delays when planning missions months or even years in advance. Put simply, if SpaceX’s prospective private spaceflight customers are interested enough in free-flyer missions to overlook the tradeoffs, it would allow the company to fly private astronauts far more easily, frequently, and cheaply.

Falcon 9 B1062 returns to port for the third time after its first astronaut launch. (Richard Angle)

Thanks in large part to reusability, which also made Inspiration4 possible anywhere close to the timeframe it actually happened in, private orbital spaceflight could also become far more accessible than it’s ever been as SpaceX gains experience and confidence in Crew Dragon reuse. Prior to Inspiration4, a total of seven private citizens (all extremely wealthy) were able to pay approximately $30M in 2021 dollars to launch to the ISS in a Russian Soyuz spacecraft and spent around two weeks in orbit. Using a flight-proven Dragon capsule and Falcon 9 booster, it’s entirely possible that SpaceX could eventually sell free-flyer missions for as little as $15-20M per seat – and possibly even less – while still ensuring a small profit.

For now, according to Eric Berger and SpaceX customer Axiom Space, that price is closer to ~$40M per free-flyer seat and $55M for a seat on a ~10-day Axiom mission to and from the ISS. It’s quite likely that with those prices, SpaceX’s profit margins on four-person private astronaut launches approach 50%, if not more.

The Inspiration4 crew: Jared Isaacman, Chris Sembroski, Sian Proctor, and Hayley Arceneaux. (Inspiration4)
Dragon’s ‘cupola’ – now the largest window ever flown in space. (SpaceX)
Now twice-flown to orbit and back, SpaceX has rated Crew Dragons like C207 (Resilience) for at least five flights each. (SpaceX)

Eric Ralph is Teslarati's senior spaceflight reporter and has been covering the industry in some capacity for almost half a decade, largely spurred in 2016 by a trip to Mexico to watch Elon Musk reveal SpaceX's plans for Mars in person. Aside from spreading interest and excitement about spaceflight far and wide, his primary goal is to cover humanity's ongoing efforts to expand beyond Earth to the Moon, Mars, and elsewhere.

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Tesla tipped its hand at where Robotaxi is heading next

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Tesla Cybercab production units rolling off the factory line in Gigafactory Texas (Credit: Tesla)
Tesla Cybercab production units rolling off the factory line in Gigafactory Texas (Credit: Tesla)

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.

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.

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Tesla Model 3’s cheapest trim just got a major accolade

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(Credit: Tesla)

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.

Tesla Model 3 wins Edmunds’ Best EV of 2026 award

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.

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.

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Investor's Corner

SpaceX IPO set to provide massive $11.6B windfall for teacher pension plan

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SpaceX Starship V3 from Starbase, Texas on April 14, 2026

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.

SpaceXAI just launched into your kitchen with their new app

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.

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