News
SpaceX rockets private astronaut crew into orbit for the first time in spaceflight history
For the first time in spaceflight history, a crew of all-private astronauts have rocketed into orbit – and on a SpaceX Falcon 9 rocket and Crew Dragon spacecraft.
Right on schedule, just before 8:03 pm EDT, an orbit-proven Crew Dragon spacecraft lifted off from Kennedy Space Center Pad 39A on a twice-flown Falcon 9 booster and new upper stage. Making it look easy, the booster performed flawlessly on its third spaceflight, boosting Dragon towards orbit and nailing a landing aboard drone ship Just Read The Instructions (JRTI). About 2.5 minutes after launch, Falcon 9’s upper stage took over and burned for another six minutes to precisely inject the spacecraft and its unprecedented all-private crew of Inspiration4 astronauts into an approximately 200 km (125 mi) parking orbit.
With that single feat, SpaceX has boosted the number of private citizens that have reached Earth orbit by 50% – from 8 to 12. Unlike any of the eight other private orbital spaceflights in history, though, Crew Dragon will now use its built-in Draco maneuvering thrusters to boost its orbital apogee (peak) to around 575 km (357 mi) – the highest altitude reached by private citizens in the history of spaceflight and by astronauts in general since 2009.
Assuming Dragon successfully reaches its planned apogee, Inspiration4 will mark the seventh-highest stable Earth orbit ever reached by humans and the first private (orbital) launch to fly astronauts in a flight-proven spacecraft. Heralding the array of firsts it marked, Inspiration4’s launch window also coincidentally opened just half an hour after sunset at Cape Canaveral, Florida, providing a famously spectacular view to onlookers as Falcon 9 and Dragon ascended back into sunlight for the majority of the launch.
Against the night sky present for those on the ground, the rocket’s miles-long and miles-wide exhaust plume was lit up by the long-since-set sun, producing an affectionately named ‘jellyfish’ that was visible for hundreds of miles.
Created by billionaire and mission commander Jared Isaacman, Inspiration4 could mark a turning point for genuine orbital space tourism, which has been limited to just eight private citizens in the history of spaceflight. While Dragon is far from affordable, with seats believed to cost tens of millions of dollars each, a combination of factors mean that it might be the first spacecraft in history to truly enable orbital space tourism at an unprecedented scale. Already, SpaceX has another four – and possibly five – Crew Dragon launches of four astronauts each scheduled to fly in just the next two years, more than doubling the number of private citizens that have reached orbit if all goes to plan.
Hinted at by its name, Inspiration4’s primary goal has been to inspire people around the world and to hopefully raise awareness that humanity is on the cusp of a future where spaceflight will be accessible to millions – not hundreds – of people. Inspiration4 member Haley Arceneaux is now the youngest American, first person with a prosthetic device, and first cancer survivor to reach orbit. Thanks to the mission, Dr. Sian Proctor has also become the first black woman in history to pilot a spacecraft to space or orbit.
Further, on top of $100M to be donated by Isaacman himself, Inspiration4 has managed to raise almost $35M in donations for St. Jude’s Children’s Hospital – one of the foremost cancer research and treatment hospitals in the US and the world.
Last but not least, the mission will also debut the largest spacecraft window ever flown in space or orbit – a modification to Crew Dragon called a cupola that SpaceX has now designed, built, qualified, and launched in less than a year.
Tesla just gave what is perhaps its biggest signal yet that the launch of the Cybercab, its autonomous ride-hailing-geared car, is imminent.
The Cybercab has been spotted outside of Gigafactory Texas in massive numbers over the past few days, with hundreds of units being stored on property just days after the vehicle received a Certificate of Conformity from the EPA.
Today, things were a bit different.
Cybercabs spotted on Giga Texas property today had an addition: a Cybercab decal on the side, reminiscent of the “Robotaxi” ones that were placed on Model Ys just as the company launched its ride-sharing platform about a year ago.
Giga Texas drone operator Joe Tegtmeyer noticed the change today:
Tesla Cybercabs are now getting “Cybercab” logos on the side of them!
Tesla did the same with Model Ys that were given “Robotaxi” logos: https://t.co/DanANtw1m7 pic.twitter.com/FqOhH0S9Ks
— TESLARATI (@Teslarati) June 19, 2026
Tesla could be signaling that the Cybercab is preparing to enter the Robotaxi fleet in the coming weeks or months with this move. It seems more symbolic than anything; Tesla is ready to throw Cybercabs in the ride-hailing platform just as it did with Model Ys last year.
The addition of the Certificate of Conformity awarded to the Cybercab is another major factor working to Tesla’s advantage. The company now has permission from the EPA to allow the vehicle to operate on public roads and enter the chain of commerce. It’s officially street legal.
Tesla Cybercab specs revealed: range, curb weight, range ratings, and more
The big question that remains is whether Tesla will be able to operate the car without a safety monitor, especially considering it plans to put the car out there without a steering wheel or pedals. With the Cybercab only having a seating capacity of two, it is hard to believe Tesla will even consider putting a Safety Monitor in the car.
It did recently self-certify as Level 4 and has the ability to operate driverless vehicles in the State of Texas under a law that took effect on May 28. You can read more about that here:
Tesla’s Robotaxi dreams just took a massive step toward reality
We’d imagine Cybercabs will be on the roads as soon as July, but August will likely be a better estimate of when the car will be entered into the Cybercab fleet. It all depends at where Tesla is, as they’ve truly prioritized safety with the rollout of the Robotaxi platform.
Elon Musk has publicly questioned Moody’s credit assessments following the rating agency’s decision to assign SpaceX a Baa1 investment-grade rating, two notches above Tesla’s Baa3. The comments came amid discussions comparing the two companies’ financial profiles.
SpaceX earned its first-time Baa1 rating with a stable outlook from Moody’s. The agency highlighted the company’s leadership in orbital launches, the growing recurring revenue from its Starlink satellite network, strong vertical integration, U.S. government contracts, and emerging opportunities in AI infrastructure.
These factors were cited as supporting robust cash flows, margin expansion, and financial flexibility.
Musk responded directly: “Tesla’s credit rating is ridiculously low tbh,” and added, “Yeah, makes no sense. Tesla has over $40B in cash, no debt, and is consistently profitable!” His remarks underscored Tesla’s balance sheet strength and profitability at a time when many traditional automakers continue to report losses in the shift to electric vehicles.
Yeah, makes no sense.
Tesla has over $40B in cash, no debt and is consistently profitable!
— Elon Musk (@elonmusk) June 19, 2026
Tesla maintains a leading position in the global EV market, with diversification into energy and storage, battery technology, and robotics through projects like Optimus. Recent financial updates show the company generated positive free cash flow of $1.4 billion in Q1 2026, supported by operating cash flow of $3.9 billion. Cash and short-term investments stood at approximately $44.7 billion.
Moody’s has affirmed Tesla’s Baa3 issuer rating with a stable outlook in periodic reviews, acknowledging the company’s EV leadership, technology strengths, including AI for autonomous vehicles, solid profitability, and strong liquidity.
Tesla (TSLA) scores Baa3 Moody’s rating for ‘stable’ outlook
However, the agency has also noted challenges in the automotive segment and expectations for margin pressures.
Musk’s critique highlights a common debate about how traditional rating methodologies apply to high-growth, capital-intensive technology companies. SpaceX benefits from long-term government-backed contracts and diversified, recurring revenue streams, while Tesla’s valuation reflects heavy investment in future technologies such as autonomy and robotics.
Both ratings remain investment-grade, yet the one-notch difference has fueled online discussion about potential inconsistencies in evaluating innovative firms.
The exchange comes as SpaceX explores financing options following its recent valuation milestones, while Tesla continues executing on its multi-year roadmap. Musk’s pointed response serves as a reminder that credit ratings, though influential for borrowing costs, represent one lens through which markets assess corporate strength—and that company leaders often view their financial positions through the lens of long-term innovation and cash generation rather than short-term risk metrics alone.
A new report from Reuters claims that a transport authority in Sweden is pushing back against the approval of Tesla’s Full Self-Driving suite because it will travel over speed limits.
The report says the Swedish Transport Administration (TRV) recommends the European Union votes against FSD’s approval. TRV believes it should not be approved until Tesla disables FSD’s ability to speed.
TRV sent a letter to the European Union’s Technical Committee on Motor Vehicles (TCMV), which is set to meet on June 30 to discuss the potential approval of the Tesla FSD suite in the country. Tesla, which has received various approvals in Europe over the past two months, has not provided a comment.
Teslas operating on FSD do travel over the speed limit, depending on the Speed Profile that is chosen. Drivers have the ability to disengage FSD at any point; Tesla specifically states that those supervising the suite are responsible for its actions.
Let’s cut to the chase: humans operating any vehicle speed almost daily in the United States. Realistically, speed limits in the U.S. are more frequently treated as speed minimums. However, other countries are different, and driving behaviors are less aggressive.
TRV believes that “allowing automated systems to systematically exceed legal speed limits…risks undermining both the legal framework and the expected safety benefits of vehicle automation,” the report stated. It’s surprising that Tesla has not received this claim from other countries previously.
This could be a good argument to bring Max Speed back, the setting that previously allowed the driver to choose the absolute fastest the car would travel.
This would still put the responsibility of supervision in the hands of the driver. It would allow the driver to choose whether the car would travel over the speed limit or not, acknowledging that they set the speed, and if they get pulled over, there would be no ability to argue it.
However, it does not seem as if this is something Tesla will do, especially considering many U.S. drivers have requested the feature in an effort to eliminate speeding or at least tone it down. The company has not shown any interest in bringing it back.
Tesla has approvals for FSD in Europe in Estonia, Lithuania, Denmark, the Netherlands, and Belgium.
Tesla gives its biggest signal yet that Cybercab launch is imminent
Elon Musk challenges Tesla credit rating from Moody’s after SpaceX gets a higher one
