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SpaceX wins NASA approval to launch astronauts on reused rockets and spacecraft
SpaceX appears to have won NASA’s approval to launch astronauts on reused Falcon 9 rockets and Crew Dragon spacecraft a matter of days after the company’s astronaut launch debut went off without a hitch.
Ever since SpaceX began landing and reusing orbital-class Falcon 9 boosters some 15 months after it won a NASA contract to develop Crew Dragon, the obvious possibility that the two groundbreaking technologies might one day meet has always floated just under the surface. Almost without fail, most joint NASA/SpaceX press conferences will receive a question or two about whether either party is thinking about or working towards astronaut launches on flight-proven spacecraft. Encouraged by the fact that partner Boeing’s separate Starliner spacecraft was sold to NASA with reusability in mind from the start, those questions continued up until (and after) the day SpaceX became the first private company in history to launch astronauts into orbit.
In a wholly unexpected turn of events, a modification to SpaceX’s ~$3.1 billion NASA Commercial Crew Program (CCP) contract was spotted on June 3rd. Without leaving much room for interpretation, the contract tweak states that SpaceX is now “[allowed to reuse] the Falcon 9 launch vehicle and Crew Dragon spacecraft beginning with” its second operational astronaut launch, known as Post Certification Mission-2 (PCM-2) or Crew-2. Given the spectacular, hiccup-free success of SpaceX’s inaugural astronaut launch and International Space Station (ISS) arrival just 3-4 days prior, it’s safe to say that NASA is extremely happy with the results of the mission.
Without a shred of doubt, SpaceX has worked tirelessly for years to earn enough of NASA’s technical trust to permit crewed launches on flight-proven hardware, a possibility that even the optimists in the crowd assumed was distant at best. It has almost always been an uphill battle for SpaceX – a fact made especially clear when framed beside partner Boeing. An inherently conservative organization, NASA has repeatedly given Boeing and its more traditional Starliner spacecraft and development approach the benefit of the doubt while frequently tearing into the nooks and crannies of SpaceX and Crew Dragon over half a decade of cooperation.
While functioning more like an anchor when SpaceX finds itself working with conservative, stubborn organizations like NASA and US military branches, the company’s wholly non-traditional style of development has secured technical success after technical success. Over the course of the second half of SpaceX’s 20-mission NASA Commercial Resupply Services 1 (CRS1) contract, the company has still managed to successfully launch dozens of tons of cargo to the space station with flight-proven spacecraft and boosters. From CRS-11 to CRS-20, five missions featured reused Falcon 9 boosters and all but one of those 10 flights featured once or even twice-flown Cargo Dragon spacecraft.
In short, SpaceX has demonstrated more than a dozen times to NASA that it’s fully capable of building, launching, and reusing orbital-class rockets and spacecraft. Additionally, before an unrelated design flaw destroyed the spacecraft during post-recovery testing, SpaceX successfully launched, recovered, and refurbished Crew Dragon capsule C201 in March 2019, demonstrating its dramatically improved reusability. While suborbital, Crew Dragon C205’s January 2020 In-Flight Abort (IFA) test also likely helped demonstrate the new spacecraft’s reusability and gave NASA more experience with the reuse of Falcon 9 Block 5 rockets as B1046’s fourth launch.
Every step along the way, SpaceX has put its money where its mouth is and proven that it’s more than capable of doing what much larger, more traditional companies have only claimed to be capable of – and often months or even years before its competitors and for hundreds of millions to billions of dollars less. While it’s much more likely that NASA has yet to actually certify SpaceX’s Crew Dragon spacecraft and Falcon 9 boosters for flight-proven astronaut launches, the June 3rd contract modification – at a minimum – signifies the space agency’s expeditious intent to do so. What is unambiguous is the schedule it lays out: SpaceX could potentially launch astronauts on a flight-proven rocket and spacecraft as early as its second operational taxi mission to the ISS.
Known as PCM-2 or Crew-2, the mission is scheduled to follow Crew Dragon’s first operational astronaut launch – Crew-1 – by roughly six months. Contingent upon Crew Dragon Demo-2’s safe return of NASA astronauts Bob Behnken and Doug Hurley later this year, Crew-1 is tentatively scheduled to launch on August 30th, although it could potentially launch even sooner. If successful, Crew-2 should follow as soon as mid-2021 and could potentially reuse Crew-1’s Falcon 9 booster and the Demo-2 or Crew-1 Dragon capsule.
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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, Tennessee.
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
