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SpaceX launches 3000th Starlink satellite
SpaceX has successfully launched its 3000th Starlink satellite as part of Falcon 9’s 54th dedicated mission for the low Earth orbit (LEO) internet constellation.
After high upper-level winds forced SpaceX to call off a launch attempt three hours prior, Falcon 9 lifted off from NASA Kennedy Space Center (KSC) Launch Complex 39A at 10:14 pm EDT (02:14 UTC), carrying another 52 new Starlink V1.5 satellites inside the rocket’s flight-proven payload fairing. Like the fairing halves, both of which had already supported two orbital-class launches, the Falcon 9 booster (B1073) SpaceX assigned to the mission was also flying for the third time.
For the most part, Falcon 9 performed nominally. The booster lifted an expendable upper stage and the enclosed payload most of the way out of Earth’s atmosphere before separating and heading back to Earth. Falcon 9’s upper stage was as perfect as ever, boosting the Starlink stack the rest of the way into a low and elliptical parking orbit, where it eventually spun itself end over end and deployed all 52 satellites at once.
Falcon 9 booster B1073 made it through its reentry and landing burns without issue and safely touched down on drone ship A Shortfall Of Gravitas (ASOG) about nine minutes after liftoff. While that landing was ultimately a success, B1073’s accuracy was not exactly flawless and the booster came to a halt with two of its four legs unusually close to the edge of the drone ship’s deck. Had the booster missed the bullseye by just 5-10 more feet, it could have easily landed with one or two feet off the deck and tipped into the Atlantic.
Nonetheless, the landing was successful and SpaceX should have no issue recovering the booster. In any other context, it would barely be worth noting, but flawless Starlink launches with near-bullseye landings have become such a frequent and routine occurrence that any departure from that norm has become interesting.
Starlink 4-26 (referring to the 26th batch of Group or Shell 4 satellites) was SpaceX’s 54th dedicated Starlink launch overall and 21st Starlink launch in 2022 alone. The mission also carried SpaceX’s 3000th Starlink satellite into orbit, a milestone so far removed from the next largest satellite constellation that it’s now more reasonable to compare Starlink to every other satellite currently in orbit. Of the 3009 Starlink satellites SpaceX has now successfully launched since 2018, 2750 are still in orbit. Assuming all 52 Starlink 4-26 satellites are healthy, astrophysicist and space object tracker Jonathan McDowell estimates that SpaceX has 2714 working satellites in orbit.
Excluding 75 prototype satellites launched over the years, all but 5 of which have since deorbited, 92.3% of all operational Starlink satellites launched by SpaceX since November 2019 are still working in orbit. While Starlink V1.0’s 7.7% satellite failure rate is far from desirable, SpaceX has made clear progress with its V1.5 design, which began launching in September 2021. Excluding 38 satellites that were lost when a solar storm caused Earth’s atmosphere to expand, unexpectedly increasing drag to uncontrollable levels, only 10 of the 1218 Starlink V1.5 satellites SpaceX has launched have failed and prematurely reentered for technical reasons – a failure rate of 0.9%.
If SpaceX’s V1.5 satellites continue to demonstrate excellent reliability as they reach ages similar to their V1.0 predecessors, it will bode well for the sustainability and predictability of current and future Starlink constellations. Meanwhile, the roughly 2270 Starlink satellites that are currently operational continue to deliver internet services to hundreds of thousands of customers in countries around the world, improving the lives of countless people.
According to Next Spaceflight, SpaceX has up to five more Starlink launches scheduled this month as it continues to relentlessly pursue a record-breaking launch cadence with its Falcon 9 rocket. Up next, Starlink 3-3 could launch from California as early as August 12th. Photographer Ben Cooper reports that another East Coast Starlink mission is working towards a “mid-August” launch soon after.
Tesla has finally clarified the situation regarding the viral crash in Texas where a Model 3 slammed into a home.
CEO Elon Musk replied to reports on Monday that stated the crash was due to the company’s Full Self-Driving or Autopilot suite, which seemed unlikely to those who are familiar with it. Video showed the car slamming into a house at an excessive rate of speed, making it highly unlikely the crash was due to the suite’s operation, as it does not travel at those speeds in residential areas.
Musk said:
“This makes no sense. FSD drives slowly through neighborhood streets, and this was a high-speed crash!”
Tesla’s Head of AI, Ashok Elluswamy, added context, revealing that the company’s data shows the driver “manually overrode self-driving by pressing the accelerator all the way to 100%.”
He revealed the speed reached by the car was 73 MPH, and the accelerator was still pressed “even after the crash.”
Yup. In this case, the driver manually overrode self-driving by pressing the accelerator all the way to 100% of the accel pedal in this residential area. They reached a speed of 73 mph during the crash, and had the accelerator pressed even after the crash.
— Ashok Elluswamy (@aelluswamy) June 22, 2026
Authorities are reportedly investigating “whether Tesla’s Autopilot system played a role after a Model 3 left the roadway…slammed through a brick house at high speed and fatally struck Matha Avila as she sat inside,” the New York Post reported.
The National Highway Traffic Safety Administration (NHTSA) is now investigating the crash. Tesla will work with the agency to provide them with whatever information they need in order to clarify the cause of the crash.
Similarly, Tesla had claims of a fatal accident in Harris County, Texas, a few years ago. Early reports indicated that Full Self-Driving was the cause of the crash. After the National Transportation Safety Board (NTSB) worked with Tesla, the agency proved there was “no use of the Autopilot system at any time during this ownership period of the vehicle, including the time frame up to the last transmitted timestamp on April 17, 2021.”
Tesla alleged “driverless” crash in Texas: What is known so far
“Application of the accelerator pedal was found to be as high as 98.8 percent,” the NTSB said in their findings. The highest recorded speed in the five seconds leading up to the impact was 67 miles per hour. The area where the crash occurred is residential, and Texas State laws have default speed limits of 30 MPH in residential streets.
This appears to be a similar situation. However, an investigation will prove what happened for sure.
SpaceX announced today that it commenced its first-ever public bond offering, marking a significant step in the newly public company’s capital markets strategy.
The company announced an offering of senior unsecured notes expected to raise at least $20 billion.
The move comes just a short time after SpaceX completed one of the largest initial public offerings in history. In mid-June, the company priced shares at $135 and raised more than $85 billion, propelling founder Elon Musk’s net worth past the trillion-dollar mark and giving the firm substantial liquidity.
🚨 SpaceX has announced its inaugural offering of senior unsecured notes.
The net proceeds will be used to repay outstanding loans under its bridge loan facility in full.
This inaugural debt offering represents a financing milestone for SpaceX, which previously depended… pic.twitter.com/pcOZuVbTRv
— TESLARATI (@Teslarati) June 22, 2026
According to the company’s SEC filing, the net proceeds from the notes will be used primarily to repay in full the outstanding borrowings under its existing bridge loan facility, cover related fees and expenses, and fund general corporate purposes. The offering is being conducted under Rule 144A, as well as Regulation S, targeting qualified institutional buyers and non-U.S. investors. Notes will be unsecured obligations ranking equally with other unsubordinated debt.
The $20 billion bridge loan was used to refinance approximately $17.5 billion in higher-cost “junk” debt tied to X and xAI. SpaceX had merged with xAI in February 2026 in an all-stock deal. The bridge facility, which matures in September 2027, had represented the bulk of SpaceX’s long-term debt.
SpaceX officially acquires xAI, merging rockets with AI expertise
In connection with the bond launch, SpaceX disclosed it held approximately $100.8 billion in cash and cash equivalents as of June 19. Investor calls began on the announcement date, with pricing and launch expected shortly thereafter. Rating agencies have assigned investment-grade ratings to the proposed bonds, reflecting confidence in SpaceX’s dominant position in commercial launches and the growth trajectory of its Starlink internet offering.
The debt raise also allows SpaceX to optimize its balance sheet by replacing short-term, higher-cost bridge financing with longer-date, lower-cost fixed-income securities. This provides greater financial flexibility to support capital-intensive initiatives, including the development of Starship, the expansion of the Starlink constellation, and the integration of AI capabilities following the xAI combination.
SpaceX shares (NASDAQ: SPCX) fell sharply on the news, dropping over 16 percent overall on the market on Monday. The stock had surged initially after debuting but pulled back amid profit-taking and broader market dynamics.
Overall, the bond offering underscores SpaceX’s transition to a mature public company with access to diverse funding sources. It positions the firm to pursue its long-term vision of multiplanetary expansion and AI infrastructure, while maintaining a disciplined approach to its capital structure in a high-growth but capital-heavy industry.
SpaceX confirmed today that it has officially signed its third massive compute deal, providing compute at its Colossus data center in Southaven, Mississippi.
Reflection AI will gain immediate access to NVIDIA GB300 chips at SpaceX’s Colossus 2 data center. In return, Reflection will pay SpaceX $150 million per month starting on July 1, with total payments reaching approximately $6.3 billion if the contract runs through its duration, which is until 2029. Either party can terminate the agreement with 90 days’ notice after the initial three-month period.
CNBC first reported the deal.
🚨 SpaceXAI has agreed to a new compute deal with Reflection AI.
Reflection gets access to NIVIDIA GB300s, and will pay $150M per month to SpaceXAI for the compute. pic.twitter.com/bNPare8U5u
— TESLARATI (@Teslarati) June 22, 2026
This latest partnership highlights SpaceX’s strategy of commercializing its massive Colossus supercomputing infrastructure, originally developed to power Elon Musk’s Grok AI models. The company has rapidly expanded its customer base in the AI sector following its February 2026 merger with xAI, a transaction that valued the combined entity at $1.25 trillion.
SpaceX has previously signed significant compute deals with other major players.
It granted Anthropic exclusive access to the full capacity of its Colossus 1 data center, which exceeds 300 megawatts and includes over 220,000 NVIDIA GPUs. Details from SpaceX’s IPO filings indicate Anthropic will pay $1.25 billion per month through May 2029, potentially generating around $45 billion over the term of the deal.
Additionally, Google agreed to pay SpaceX $920 million per month for compute capacity from October 2026 through June 2029. This 32-month period will provide Google access to roughly 110,000 NVIDIA GPUs, along with supporting processors and memory. Capacity ramps up through September at a reduced fee, with termination options after the first year.
SpaceXA also established arrangements for computing power with Cursor, an AI coding startup. SpaceX acquired them in a $60 billion all-stock deal.
These arrangements position SpaceX’s collective position as an AI infrastructure powerhouse with high-margin revenue potential. The Google deal alone could generate nearly $29.5 billion over its term, while the Reflection contract adds another $6.3 billion.
Combined with the Anthropic arrangement, SpaceX stands to realize tens of billions in revenue from compute leasing in the coming years, which diversifies beyond SpaceX’s traditional rocket launches and Starlink operation.
The deals underscore growing demand for advanced AI training and inference capacity amid chip shortages and surging model development needs. Reflection, valued at $25 billion and focused on “American open intelligence” with government and national security ties, cited recent restrictions on closed models as validation for open-source approaches.
For SpaceX, the partnerships transform capital-intensive data centers into flexible revenue sources while supporting its broader AI ambitions after the company has gone public.
Tesla finally clarifies fatal Texas crash, confirms driver manually overrode acceleration
SpaceX makes $20 billion move to optimize its balance sheet
