News
SpaceX’s NASA astronaut launch debut jumps its place in line, now up next
According to NASASpaceflight.com reporter Michael Baylor, SpaceX’s Starlink-7 satellite launch has been indefinitely delayed due to drone ship constraints, meaning that the company’s Crew Dragon astronaut launch is now up next.
As a result, SpaceX’s next orbital launch has been delayed by at least eight days. In return, however, that launch will arguably be the most important in the company’s 18-year history, (hopefully) marking the biggest step by far SpaceX has taken towards its main goals of democratizing spaceflight and enabling the sustainable, permanent settlement of Mars. Known as Demonstration Mission 2 (Demo-2), it will simultaneously be the first crewed launch under NASA’s Commercial Crew Program (CCP) and SpaceX’s first astronaut launch ever and is scheduled to lift off no earlier than (NET) 4:33 pm EDT (20:33 UTC), May 27th.
Formerly scheduled to launch no earlier than (NET) May 7th, 17th, 18th, and 19th after a number of technical and weather-related delays, SpaceX’s 8th 60-satellite Starlink launch has now been delayed until sometime after Crew Dragon’s late-May inaugural astronaut launch. According to NASASpaceflight and speculated about in-depth on unofficial forums in the days prior, the schedule swap decision was made due to constraints in SpaceX’s drone ship. While simple on the face of things, the change does reveal a bit of the hidden strategy behind SpaceX’s management of both its rocket fleet and the ships that recover them.

Compounded by multiple largely unrelated delays, including weather in the planned booster and fairing landing zones, the Starlink-7/Demo-2 launch swap was caused by the simple fact that SpaceX only has one operational drone ship on the East Coast. The company coincidentally began sea trials with a second drone ship the very same day that Of Course I Still Love You (OCISLY) headed out to sea to catch Starlink-7’s Falcon 9 booster. However, that second ship has been extensively upgraded and will likely take several weeks of sea trials before it can be declared ready for its first East Coast rocket recovery attempt.

For each drone ship booster landing, it takes at least a week for the ship to be towed several hundred miles downrange to the recovery zone and at least as long to return to port. Add in the time required to safe and secure a landed Falcon 9 or Heavy booster, navigate sea states to prevent damage to – or the outright loss of – that booster, and the work needed to safely lift it off the drone ship’s deck onto dry land and it can easily be 9-10 days before a drone ship is ready for another landing.
At the same time, SpaceX’s turnaround record is about eight days between booster landings. Had SpaceX persevered and attempted to launch Starlink-7 on May 19th and Crew Dragon’s inaugural astronaut launch on May 27th, it’s possible that things would have worked out, with both booster landings occurring on schedule on the same drone ship. However, given just how much of a priority Crew Dragon Demo-2 is compared to an internal Starlink launch and a tropical storm threatening to delay Starlink-7’s launch and landing even further, SpaceX clearly decided that it just wasn’t worth the risk.


Given the extraordinary importance of Demo-2, set to be the first time the United States has launched its own astronauts into orbit in almost nine years, it’s not exactly surprising that SpaceX has chosen conservatism this time around and prioritized its inaugural NASA astronaut launch. According to Spaceflight Now, the Crew Dragon capsule assigned to SpaceX’s inaugural NASA astronaut launch – pictured above – actually joined the new Falcon 9 rocket that will launch it at Pad 39A on May 15th. Now fully fueled with liquid hydrazine and nitrogen tetroxide, the spacecraft could be mated with Falcon 9’s upper stage at any moment (if it hasn’t been already).
Once fully assembled, Falcon 9 booster B1058, a new Falcon 9 upper stage, Crew Dragon capsule C206, and an expendable trunk section will be rolled horizontally out to Kennedy Space Center (KSC) Pad 39A to perform a crucial pre-launch static fire test. Rollout and static fire operations could begin at any point within the next few days. It remains to be seen whether drone ship OCISLY will remain in the Atlantic Ocean or head back to Port Canaveral before departing again to catch booster B1058.
Elon Musk
Tesla tipped its hand at where Robotaxi is heading next
In the world of autonomous ride-hailing, there are only a handful of names. Among those few companies lies a strategy play by each to keep the opposition on their toes. Tesla, on the other hand, already tipped its hand at where it is headed next.
Tesla has signaled its next major push in the autonomous ride-hailing market by filing for an Autonomous Vehicle Network Company permit in Nevada (Docket 26-05015). Through Tesla Robotaxi, LLC, the company seeks approval to operate up to 5,000 robotaxis in Clark County, including high-traffic areas like Las Vegas and Henderson airports, within the first 12 months of launch.
This filing builds on Tesla’s earlier testing approvals from the Nevada DMV in September 2025 and preparations such as maintenance hubs in the Las Vegas area. Nevada represents a strategic expansion into a major tourist destination, where high visitor volumes could drive strong utilization and showcase the reliability of unsupervised autonomy to a broad audience.
We’d have to assume this means Tesla is targeting Las Vegas, and it’s a great move from a business perspective.
Vegas is such a melting pot of people from all around the country and the world. It will expose people from all corners of the globe to Tesla’s autonomy capabilities https://t.co/Qz3fQmhULF pic.twitter.com/Du5pj2RyWC
— TESLARATI (@Teslarati) June 6, 2026
Approval would mark a significant step toward commercial operations in a new state, following progress in Texas.
Tesla’s shareholder decks and earnings calls have clearly outlined these ambitions. In the Q4 2025 shareholder deck, the company listed planned Robotaxi coverage for the first half of 2026, explicitly naming Las Vegas alongside Phoenix, Miami, Orlando, and Tampa, with Dallas and Houston already advancing. Austin was noted as “ramping unsupervised,” while the Bay Area remained in safety-driver mode.
By Q1 2026, the deck updated statuses to reflect launches in Dallas and Houston, with “preparations underway” for the remaining cities, including Las Vegas. Paid Robotaxi miles nearly doubled sequentially in Q1, underscoring momentum even as broader timelines adjusted slightly for regulatory and operational readiness.
On earnings calls, CEO Elon Musk and executives have emphasized a phased rollout prioritizing safety. Unsupervised operations in Texas have shown strong results with no reported accidents or injuries in the program. Tesla continues groundwork in additional major U.S. metros through testing and permitting, positioning it to scale quickly once approvals clear.
This Nevada move aligns with Tesla’s vision of transforming from an EV maker into an AI and robotics leader. The forthcoming Cybercab, which started production at Giga Texas in April, is expected to eventually dominate the fleet, replacing many Model Y vehicles and driving down costs to enable affordable rides.
For investors and the industry, this signals Tesla’s intent to dominate key Sun Belt and tourist markets where weather, regulations, and demand favor rapid scaling. Success in Las Vegas could validate the model for denser urban and high-tourism environments, accelerating the shift toward a future where robotaxis generate meaningful revenue.
Las Vegas will also expand knowledge among the general public at Tesla’s capabilities, helping people experience driverless ride-hailing from several companies during their time on The Strip.
News
Tesla Model 3’s cheapest trim just got a major accolade
The Tesla Model 3’s cheapest trim level just got a major accolade, as Edmunds just revealed the Rear-Wheel-Drive trim of the all-electric sedan is the most efficient EV that is currently in production.
The 2026 Tesla Model 3 Rear-Wheel-Drive not only beat its EPA-estimated range by 30 miles, but it also bested its efficiency mark by 13.2 percent. The Model 3 tested by Edmunds traveled 393 miles, beating its EPA rating by 8.3 percent, while it returned 21.7 kWh per 100 miles, or 4.61 mi/kWh.
Beating those two metrics is especially pertinent when it comes to EV ownership and driving down the cost of ownership from ICE counterparts across the board. The real money savings come from driving down the cost of driving per mile, especially when it comes to high-mileage driving.
Edmunds stated in its report and review that the process it uses to test EV efficiency is aimed at giving “the most accurate representation of a car’s real-world range.” The assessment uses a strict route that features 60 percent city and 40 percent highway driving, and an average speed of 40 MPH across the trip.
It also drives each car within 5 MPH of all posted speed limits, and the climate control is set on Auto at 72 degrees to ensure even testing. In other words, Edmunds does not use methods to maximize efficiency, and instead tries to make it reasonable to achieve the same ratings yourself.
In comparison to other EVs, it beat the 2026 Mercedes-Benz CLA 350, which went 385 miles, as well as the 2026 Audi A6 Sportback E-tron Prestige AWD, which traveled 392 miles. Only the Mercedes-Benz CLA 250+ traveled farther, making it an impressive 434 miles on a charge.
However, the Tesla Model 3 RWD’s efficiency is “unmatched” because of its incredibly low energy usage per mile.
🚨 Tesla Model 3 RWD:
-At $36,990, it is $9,000 cheaper than the average transaction price for a new car ($46,023 via KBB)
-Was 13.2% more efficient than its EPA estimate
-Traveled 393 miles on a charge despite its 363-mile EPA range https://t.co/Grov2hXqpa pic.twitter.com/Zl8rnZZLIB
— TESLARATI (@Teslarati) June 8, 2026
The Model 3 Rear-Wheel-Drive might be the best bang-for-your-buck EV if you’re looking to buy new and want access to features like Full Self-Driving, while also being aware of efficiency. This trim of the Model 3 is also priced over $9,000 cheaper than what Kelley Blue Book says the average transactional price for a new car was in May 2026, which sits at $46,023.
If you’re looking for something with more speed, an All-Wheel-Drive drivetrain, or more premium features, the Premium trims of the Model 3 currently come with one year of Free Supercharging.
Investor's Corner
SpaceX IPO set to provide massive $11.6B windfall for teacher pension plan
The Ontario Teachers’ Pension Plan (OTPP) stands to reap one of the most extraordinary returns in pension fund history thanks to a bold 2019 investment in SpaceX.
According to a recent report from The Globe and Mail, the Toronto-based fund invested roughly $300 million CAD (~$220 million USD at the time) in Elon Musk’s space company as its inaugural deal through the Teachers’ Innovation Platform.
At SpaceX’s anticipated $1.75 trillion IPO valuation, set for a mid-June debut on Nasdaq under ticker $SPCX, that stake could now be worth up to $11.6 billion USD. This would represent a roughly 50x return and easily become OTPP’s most successful single investment ever.
The fund manages $279 billion in assets for approximately 346,000 working and retired teachers in Ontario, potentially delivering an average boost of around $33,500 per member if fully realized.
SpaceX has filed its S-1 and plans to price shares at $135 each, aiming to raise a record $75 billion in what would be the largest IPO in history, surpassing Saudi Aramco. The company reported $18.67 billion in revenue for 2025, driven primarily by Starlink satellite internet growth and NASA contracts, though it continues to post significant losses tied to ambitious R&D in Starship and AI initiatives.
Important pieces moving forward include:
- Starlink Expansion: The satellite broadband service is scaling rapidly, targeting global connectivity, especially in underserved rural and remote areas. This segment offers massive recurring revenue potential as numbers climb.
- Starship and Reusability Leadership: SpaceX’s fully reusable Starship aims to slash launch costs dramatically, enabling frequent missions, Mars ambitions, and lucrative government/defense contracts. Success here could unlock exponential growth.
- AI and Diversification: Recent moves, including ties to xAI, position SpaceX in high-growth AI infrastructure, broadening beyond traditional aerospace.
- Validation Scrutiny: While the $1.75 trillion target excites investors, analysts like Morningstar value the company closer to $780 billion, citing high multiples (around 90x trailing revenue) and execution risks. A 180-day lockup period will prevent early investors like OTPP from selling immediately post-IPO.
The irony has not been lost on observers. Ontario’s government previously canceled a Starlink rural internet contract amid political tensions involving Musk, yet the pension fund’s savvy investment, made when SpaceX was valued around $33-36 billion, and Starlink was nascent, delivers outsized gains independent of politics.
For OTPP, this windfall strengthens its already solid 111 percent funding ratio and underscores the value of patient, innovation-focused capital allocation.
For SpaceX, the IPO marks a new chapter: greater transparency, access to public markets for talent retention and growth capital, and heightened pressure to deliver on its multi-planetary vision.
All eyes are fixed on whether SpaceX can justify its lofty valuation through sustained execution. For Ontario teachers, the returns are already stellar, but SpaceX, like other Musk companies in the past, has plenty of things to prove. Perhaps the most ideal person for the job is at the helm, hoping to bring the company to a massive valuation.