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SpaceX’s planned refurbishment facility briefly catches fire at Cape Canaveral
Per several sources, a small fire at a planned SpaceX refurbishment facility in Cape Canaveral was put out Sunday evening.
Located inside Port Canaveral, the building suffered a minor amount of water damage and a moderate amount of damage to the roof, where the fire began. The cause of the fire is thus far unclear. More importantly, no injuries were caused by the fire and the building was said by SpaceX employees to have been empty of any valuable hardware.
@BrevardSheriff says small fire at @NASAKennedy @SpaceX building is out. No injuries. Already doing repairs.
— K Reuschle (@KReuschle) July 16, 2017
No SpaceX workers on site at time of fire; building said to be empty, no hardware; water damage reported, roof damage; cause not yet known
— William Harwood (@cbs_spacenews) July 17, 2017
Used as a facility for Astrotech Corporation’s SpaceHab module, which was launched more than 20 times aboard the Space Shuttle, the building was leased by SpaceX approximately a year ago. In addition to the actual SpaceHab facility, the lease included a total of four acres of land expected to be utilized for SpaceX’s program of reusability.
Earlier this year, SpaceX Senior Director of Launch Operations Ricky Lim discussed the company’s excitement over the new facility at a March meeting of the Canaveral Port Authority. Once a second hangar is constructed on the parcel of land, the lease will provide SpaceX with an additional 100,000 square feet of facilities that can be used for Falcon 9 first stage refurbishment and storage. Musk has in the past slyly joked about SpaceX effectively running out of space for the recovered boosters, due to the sheer speed at which the company began to successfully and routinely recover them.
May need to increase size of rocket storage hangar
— Elon Musk (@elonmusk) May 6, 2016
Possibly the most intriguing tidbit about the facility from Lim was the implication that its existence would allow SpaceX to undertake all necessary testing and refurbishment of recovered boosters in Florida. This means SpaceX would no longer be required to transport recovered cores from Cape Canaveral to McGregor, Texas, which has so far been the primary method used for testing and refurbishment. It seems highly implausible that SpaceX would ever be able to secure a permit for routine hot-fire testing at a facility literally within the bounds of an active port, and this implies that SpaceX’s refurbishment procedures will soon pivot away from intensive static fire testing of every recovered booster.
There is no current public timeline for the development of the refurbishment facility, but it is certainly a breath of relief to hear that the small fire that occurred earlier this night was extremely minor and is highly unlikely to impact whatever that construction schedule may be.
SpaceX is preparing to begin launches of the rapid reuse-oriented Block 5 of their Falcon 9 in late 2017, and could conduct as many as 12 more launches this year, beginning in mid-August. It is likely that these new facilities are aiming to become operational at the same time as Block 5, as SpaceX’s extremely busy 2017 and 2018 launch manifests will find the company with a considerable fleet of recovered Falcon 9s.
Elon Musk
Musk bankers looking to trim xAI debt after SpaceX merger: report
xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. A new financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year.
Elon Musk’s bankers are looking to trim the debt that xAI has taken on over the past few years, following the company’s merger with SpaceX, a new report from Bloomberg says.
xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. Bankers are trying to create some kind of financing plan that would trim “some of the heavy interest costs” that come with the debt.
The financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year. Musk has essentially confirmed that SpaceX would be heading toward an IPO last month.
The report indicates that Morgan Stanley is expected to take the leading role in any financing plan, citing people familiar with the matter. Morgan Stanley, along with Goldman Sachs, Bank of America, and JPMorgan Chase & Co., are all expected to be in the lineup of banks leading SpaceX’s potential IPO.
Since Musk acquired X, he has also had what Bloomberg says is a “mixed track record with debt markets.” Since purchasing X a few years ago with a $12.5 billion financing package, X pays “tens of millions in interest payments every month.”
That debt is held by Bank of America, Barclays, Mitsubishi, UFJ Financial, BNP Paribas SA, Mizuho, and Société Générale SA.
X merged with xAI last March, which brought the valuation to $45 billion, including the debt.
SpaceX announced the merger with xAI earlier this month, a major move in Musk’s plan to alleviate Earth of necessary data centers and replace them with orbital options that will be lower cost:
“In the long term, space-based AI is obviously the only way to scale. To harness even a millionth of our Sun’s energy would require over a million times more energy than our civilization currently uses! The only logical solution, therefore, is to transport these resource-intensive efforts to a location with vast power and space. I mean, space is called “space” for a reason.”
The merger has many advantages, but one of the most crucial is that it positions the now-merged companies to fund broader goals, fueled by revenue from the Starlink expansion, potential IPO, and AI-driven applications that could accelerate the development of lunar bases.
News
Tesla pushes Full Self-Driving outright purchasing option back in one market
Tesla announced last month that it would eliminate the ability to purchase the Full Self-Driving software outright, instead opting for a subscription-only program, which will require users to pay monthly.
Tesla has pushed the opportunity to purchase the Full Self-Driving suite outright in one market: Australia.
The date remains February 14 in North America, but Tesla has pushed the date back to March 31, 2026, in Australia.
NEWS: Tesla is ending the option to buy FSD as a one-time outright purchase in Australia on March 31, 2026.
It still ends on Feb 14th in North America. https://t.co/qZBOztExVT pic.twitter.com/wmKRZPTf3r
— Sawyer Merritt (@SawyerMerritt) February 13, 2026
Tesla announced last month that it would eliminate the ability to purchase the Full Self-Driving software outright, instead opting for a subscription-only program, which will require users to pay monthly.
If you have already purchased the suite outright, you will not be required to subscribe once again, but once the outright purchase option is gone, drivers will be required to pay the monthly fee.
The reason for the adjustment is likely due to the short period of time the Full Self-Driving suite has been available in the country. In North America, it has been available for years.
Tesla hits major milestone with Full Self-Driving subscriptions
However, Tesla just launched it just last year in Australia.
Full Self-Driving is currently available in seven countries: the United States, Canada, China, Mexico, Australia, New Zealand, and South Korea.
The company has worked extensively for the past few years to launch the suite in Europe. It has not made it quite yet, but Tesla hopes to get it launched by the end of this year.
In North America, Tesla is only giving customers one more day to buy the suite outright before they will be committed to the subscription-based option for good.
The price is expected to go up as the capabilities improve, but there are no indications as to when Tesla will be doing that, nor what type of offering it plans to roll out for owners.
Elon Musk
Starlink terminals smuggled into Iran amid protest crackdown: report
Roughly 6,000 units were delivered following January’s unrest.
The United States quietly moved thousands of Starlink terminals into Iran after authorities imposed internet shutdowns as part of its crackdown on protests, as per information shared by U.S. officials to The Wall Street Journal.
Roughly 6,000 units were delivered following January’s unrest, marking the first known instance of Washington directly supplying the satellite systems inside the country.
Iran’s government significantly restricted online access as demonstrations spread across the country earlier this year. In response, the U.S. purchased nearly 7,000 Starlink terminals in recent months, with most acquisitions occurring in January. Officials stated that funding was reallocated from other internet access initiatives to support the satellite deployment.
President Donald Trump was aware of the effort, though it remains unclear whether he personally authorized it. The White House has not issued a comment about the matter publicly.
Possession of a Starlink terminal is illegal under Iranian law and can result in significant prison time. Despite this, the WSJ estimated that tens of thousands of residents still rely on the satellite service to bypass state controls. Authorities have reportedly conducted inspections of private homes and rooftops to locate unauthorized equipment.
Earlier this year, Trump and Elon Musk discussed maintaining Starlink access for Iranians during the unrest. Tehran has repeatedly accused Washington of encouraging dissent, though U.S. officials have mostly denied the allegations.
The decision to prioritize Starlink sparked internal debate within U.S. agencies. Some officials argued that shifting resources away from Virtual Private Networks (VPNs) could weaken broader internet access efforts. VPNs had previously played a major role in keeping Iranians connected during earlier protest waves, though VPNs are not effective when the actual internet gets cut.
According to State Department figures, about 30 million Iranians used U.S.-funded VPN services during demonstrations in 2022. During a near-total blackout in June 2025, roughly one-fifth of users were still able to access limited connectivity through VPN tools.
Critics have argued that satellite access without VPN protection may expose users to geolocation risks. After funds were redirected to acquire Starlink equipment, support reportedly lapsed for two of five VPN providers operating in Iran.
A State Department official has stated that the U.S. continues to back multiple technologies, including VPNs alongside Starlink, to sustain people’s internet access amidst the government’s shutdowns.
Musk bankers looking to trim xAI debt after SpaceX merger: report
SpaceX launches Crew-12 on Falcon 9, lands first booster at new LZ-40 pad
