News
SpaceX Falcon 9 booster could be first to launch from all 3 company pads
A week after its original launch target, SpaceX launch engineers and technicians appear to have completed an additional suite of preflight checks that triggered an unusually long delay from November 19 to November 28.
As a sort of happy accident, the mission – a Spaceflight Industries rideshare carrying ~64 satellites – will not only be the first time SpaceX has launched a given Falcon 9 booster three times, but it will also become the first time SpaceX has launched the same Falcon 9 booster from all three of the company’s orbital launch facilities.
Standing down from Monday’s launch attempt of Spaceflight SSO-A: SmallSat Express to conduct additional pre-flight inspections. Once complete, we will confirm a new launch date.
— SpaceX (@SpaceX) November 17, 2018
Likely a matter of caution over expediency, that extra time was used to make sure that the mission’s twice-flown Falcon 9 B1046 booster is as ready as possible for its third launch, a subtle but absolutely critical milestone for Falcon 9 reusability. More importantly, from an operational standpoint, this is something that the company has simply never attempted, meaning that while it’s similar in concept to the numerous booster reuses SpaceX engineers and technicians have already pulled off, every aspect of B1046’s refurbishment and preparation for another launch is new territory for all.
In this sense, even the most minor observations and procedural developments are likely being documented with extreme care, paving the way for the systematic refurbishment of Block 5 boosters with 2+ launches on their manifest. Similar to how car mechanics know to look at and for dramatically different things depending on the age of the car and the time since its last maintenance, reusable rockets are likely to require an even more exotic and unintuitive approach to multi-flight maintenance and repair diagnostics. As such, it should come as little surprise that SpaceX chose to delay SSO-A a few days to ensure that the rocket is ready to safely place its payload in orbit.
Vandenberg Air Force Base SLC-4 looked great yesterday, Nov. 26, from the orbit of #DEIMOS2! Good luck @SpaceX for tomorrow's launch! 🚀 #KazSTSAT #Falcon9 pic.twitter.com/q2NmKv3k0c
— Deimos Imaging (@deimosimaging) November 27, 2018
Pecking orders
Aside from the extreme importance of its third launch, Falcon 9 B1046 will be subject to another rather unique situation. Barely a mile or two northeast of SpaceX’s SLC-4 launch complex, a ULA Delta IV Heavy rocket is assembled and nearly ready to place the National Reconnaissance Office’s classified NROL-71 satellite into a high-energy Earth orbit. If the extraordinarily expensive launch vehicle (~$350-400M) it sits atop of is any sign, NROL-71 is a massive satellite that cost the NRO anywhere from $500M to $2B to design, procure, and prepare for launch.
In other words, the sheer capital at risk has likely resulted in a bit of manifest and range jockeying between Falcon 9/SpaceX and Delta Heavy/ULA/NRO. Under normal circumstances, Falcon 9 B1046 could without a doubt perform a Return-To-Launch-Site (RTLS) recovery, sending the booster all the back to SLC-4 for a landing at LZ-4.
https://www.instagram.com/p/BqoCpFulAAx/
Instead, likely prevented from landing at LZ-4 due to the slight chance that Falcon 9 could impact at or around ULA’s launch pad in an off-nominal situation, SpaceX has decided to station drone ship Just Read The Instructions less than 30 miles (50 km) off the coast of Vandenberg Air Force Base. In this odd and unused landing mode, Falcon 9 will perform a sort of RTLS Lite, returning back in the direction of the launch site but not going far enough to actually reach it.
In doing so, B1046 will – fingers crossed – become the first Falcon 9 booster to land on both SpaceX drone ships and launch from all three of the company’s orbital facilities, LC-40 (Cape Canaveral Air Force Station), LC-39A (Kennedy Space Center), and SLC-4 (Vandenberg Air Force Base).
Elon Musk
SpaceX (SPCX) IPO is live today at $135: Here’s exactly what you need to know
SpaceX priced its historic IPO at $135 per share today, raising a record $75 billion.
SpaceX officially priced its initial public offering at $135 per share, offering 555,555,555 shares of Class A common stock and raising $75 billion in what is the largest IPO in stock market history. Shares are set to begin trading on the Nasdaq Global Select Market on Friday, June 12, under the ticker symbol SPCX. The previous record holder was Saudi Aramco’s 2019 offering at $29 billion, followed by Alibaba’s $22 billion offering in 2014.
At $135 per share and roughly 555.6 million shares, the implied valuation sits near $1.75 trillion, which would make SpaceX roughly the seventh largest company in the United States, just above Tesla’s current market cap. Regular investors can request shares at the IPO price through Robinhood, Fidelity, Charles Schwab, SoFi, and E*TRADE, though the deal is heavily oversubscribed and most retail allocations will be partial or unfilled. Once trading opens June 12, anyone with a brokerage account can buy SPCX on the open market.
SpaceX’s amended S-1 is sparking a major Tesla merger conversation
The valuation is anchored primarily by Starlink. Starlink crossed 10 million subscribers as of February 2026 and is adding 750,000 to 1.5 million new users per month, with the connectivity segment already posting a $1.19 billion profit last quarter. The offering also bundles in xAI following SpaceX’s all-stock merger earlier this year, adding Grok and the Colossus supercomputer to the investment thesis. As Teslarati reported, Starlink ended 2025 with $10 billion in revenue, a figure analysts project could reach $24 billion by end of 2026.
Wedbush analyst Dan Ives has been vocal in his support. “I think the time is right,” Ives said, adding that the offering expands the Elon Musk ecosystem rather than competing with Tesla. An average 12-month price target of $165 per share represents roughly 22% upside from the IPO price. Not everyone agrees – Motley Fool noted xAI is spending $1 billion per month playing catch-up to OpenAI and Anthropic.
Musk founded SpaceX in 2002 with a single stated purpose. “Elon founded SpaceX with a goal to change humanity, to make us a multi-planet species,” CFO Bret Johnsen said in the company’s retail roadshow video this week. Musk himself has been more direct: “We are building the systems and technologies necessary to provide global connectivity on Earth and beyond, to understand the true nature of the universe, and to extend the light of consciousness to the stars.”
Investor's Corner
Tesla unfolded its first European “folding Supercharger”
Tesla’s folding Supercharger just arrived in Europe and it changes how fast charging expands.
Tesla’s Folding Unit Supercharger has officially landed in Europe, with the company teasing a new installation in its effort for a broader rollout targeting major motorway rest stops across the European continent in Q3 2026. The arrival marks a notable shift in how Tesla is thinking about network expansion, moving from hardware performance alone to engineering the logistics chain itself.
While Tesla did not reveal the exact location for the new folding Supercharger in Europe, the photo shared on X heavily suggests that this maybe somewhere in Norway. Historically, whenever Tesla rolls out an entirely new infrastructure architecture in Europe, whether it was the original Supercharger stalls years ago or these brand-new modular V4 “Folding Units”, Norway is almost always the designated launch pad because of its unmatched EV adoption rate and supportive infrastructure
The Folding Unit, introduced in March 2026, is a factory pre-assembled V4 charging station built on an industrial hinge system mounted to a heavy-duty concrete base. The entire assembly arrives on site ready to unfold and connect. Tesla confirmed the units feature telescopic light poles specifically designed for easy transportation and fast on-site deployment, a detail that signals how carefully the logistics chain has been engineered alongside the hardware itself. The design allows 33% more stalls per delivery truck, cuts installation time roughly in half, and reduces overall deployment costs by more than 20% compared to traditional installations.
Tesla’s newest “Folding V4 Superchargers” are key to its most aggressive expansion yet
Tesla also noted telescopic light poles which provide benefits over traditional Supercharger installations that require fixed-height poles that are awkward to ship, slow to position on site, and often require separate crews and equipment to erect before charging hardware can even be staged. By engineering poles that compress for transit and extend on arrival, Tesla has removed one of the quieter bottlenecks in the physical deployment process. Every hour saved on a light pole installation is an hour redirected toward getting stalls energized. At scale, across dozens of new sites per quarter, those hours add up to a meaningful acceleration in how quickly a location goes from approved permit to serving its first customer.
Each Folding Unit pairs a single V4 power cabinet with eight charging posts. The V4 cabinet delivers up to 500 kW per stall for passenger vehicles and up to 1.2 MW for the Tesla Semi, supporting twice the stalls per cabinet at three times the power density of its predecessor. Longer cables make every new station immediately usable by non-Tesla vehicles, a priority as Tesla continues opening its network to Ford, GM, Rivian, Hyundai, Stellantis, and others.
As Teslarati reported when the Folding Unit was first unveiled, Tesla’s Gigafactory New York produced its final V3 Supercharger cabinet in March 2026 after more than seven years and 15,000 units, completing a full pivot to V4 production. The European arrival of the folding design is the next chapter in that transition.
Faster and cheaper deployment means Tesla can justify building in markets and corridors that were previously too expensive to serve, filling the coverage gaps that have slowed EV adoption outside major urban centers.
First Folding Unit Superchargers in Europe 🇪🇺 https://t.co/KNfYWJukkL pic.twitter.com/YR1udIpH1i
— Tesla Charging (@TeslaCharging) June 10, 2026
News
Tesla stuns with another FSD approval in Europe, its second in two days
Tesla has stunned by gaining yet another approval for its Full Self-Driving suite in Europe, its second in two days and its fifth overall.
Belgium will be the latest country to allow Tesla owners to utilize FSD on public roads in Europe, joining a quickly growing list that started with the Netherlands, Lithuania, and Estonia.
On Tuesday, Denmark announced its approval of the FSD suite, which has now been followed by Belgium just one day later.
The country’s Minister of Mobility, Annick De Ridder, announced the approval on her X account, stating that she had just signed the approval of Tesla FSD. It now goes to the country’s homologation department for the last step of the approval process.
De @Tesla community houdt hier al geruime tijd de vinger aan de pols over de toelating voor de FSD-technologie op onze Vlaamse en Belgische wegen.
Uit waardering voor jullie niet-aflatende interesse (en aanmoediging 😉), krijgen jullie hierbij de primeur: ik heb net de toelating… pic.twitter.com/Yrps4OHTj8— Annick De Ridder (@AnnickDeRidder) June 10, 2026
The Belgian approval is one of mighty importance because it truly shows how quickly countries in Europe could greenlight the FSD suite consecutively. Approvals are already coming in relatively quickly, which is a great sign.
Perhaps the next big development that could come from FSD approvals in Europe is an approval from a country like England, Italy, France, Spain, or Germany. It would be something to see how FSD would perform in a major European metro, such as London, Barcelona, Madrid, Paris, Rome, or Berlin.
Getting Full Self-Driving in Spain and England will be such huge milestones for Tesla. I am so excited to see how FSD performs in Madrid, Barcelona, and London, specifically.
The ultimate test will always be Mumbai or New Delhi. Excited for India’s eventual approval! https://t.co/paw9Ch1qmL pic.twitter.com/9RdDERVSSJ
— TESLARATI (@Teslarati) June 9, 2026
Full Self-Driving does an excellent job of roaming around major U.S. cities like New York and Los Angeles, but other high-profile international cities of significance would truly mark a line in the sand for Tesla, which can simply enable any vehicle in its customer-owned fleet to run FSD with the correct approvals.