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SpaceX's first NASA astronaut launch closer than ever as spacecraft and rocket near Florida
According to an engineer’s February presentation, SpaceX is on the brink of shipping its first NASA astronaut-rated Crew Dragon spacecraft to Kennedy Space Center – arguably the company’s biggest milestone yet on the path to human spaceflight.
In the last year, SpaceX’s Crew Dragon program has undeniably stumbled a few times, suffering challenging parachute failures and the catastrophic explosion of the first flight-proven Crew Dragon capsule. However, the year has been filled with far more successes. By all appearances, Crew Dragon’s parachute issues have been completely solved, while SpaceX successfully static fired an upgraded Crew Dragon’s SuperDraco engines before launching a flawless in-flight abort (IFA) test just last month.
Prior to all of this, SpaceX’s Crew Dragon spacecraft completed what NASA deemed a “flawless” and “phenomenal” orbital launch debut, docking with and departing the space station without issue before safely reentering Earth’s atmosphere and splashing down in the Atlantic Ocean. Now, ten months after that flawless debut, SpaceX is perhaps just a week or two away from reaching a major milestone ahead of its first NASA astronaut launch.
Part of some kind of Kennedy Space Center (KSC) event on February 1st or 2nd, SpaceX Director of Vehicle Integration Christopher Couluris gave an exceptionally insightful presentation that was apparently recorded and (very) briefly available on YouTube. Aside from a great deal of new and useful information on Falcon booster reusability, Starship manufacturing, and more, Couluris also teased some major news for SpaceX’s Crew Dragon spacecraft.
In short, Couluris revealed that the Crew Dragon spacecraft – capsule C206 and an expendable trunk – assigned to SpaceX’s ‘Demo-2’ NASA astronaut launch debut could arrive at the company’s Florida Dragon processing facilities as early as mid-February, just a week or two from now. At the same time, comments the SpaceX engineer made about the number of SpaceX rocket boosters currently in Florida heavily implied that the Falcon 9 rocket assigned to said astronaut launch debut is already at KSC Launch Complex 39A (or at least nearby).
In other words, after Crew Dragon arrives, SpaceX will have all the hardware on hand and ready for its first NASA astronaut launch – arguably the single most important mission in the company’s history. Barring calamity, all that will remain is a few weeks of processing and an indeterminately long period of NASA/SpaceX reviews and paperwork. Elon Musk recently stated that he was confident that Crew Dragon Demo-2 would be fully ready to launch as early as April 2020, although May or June are also a strong possibility.
Funded by NASA and designed and built by SpaceX, Crew Dragon (Dragon 2) is an upgraded version of the company’s workhorse Cargo Dragon (Dragon 1) spacecraft, which has successfully performed 18 International Space Station (ISS) resupply missions in just eight years. While there’s a chance that SpaceX will ultimately use Crew Dragon for its own needs, like private orbital tourism, the spacecraft’s primary purpose is to routinely carry NASA astronauts to and from the Space Station – a capability the US has not had since NASA and Congress prematurely killed the Space Shuttle in 2011.
Originally intended to launch as early as 2017, both SpaceX and Boeing suffered major delays as they worked through the many challenges associated with human spaceflight and grappled with several years of egregious Congressional underfunding.
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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
