SpaceX
SpaceX’s crewed Dragon launch debut likely to slip into 2020 as NASA pursues “realistic” dates
In a recent blog post, NASA made it clear that changes happening to leadership within the agency – specifically within the Human Exploration and Operations Directorate – are impacting the timelines to return astronauts to the International Space Station(ISS) from US soil. Agency conflicts are just the latest of several setbacks that have impacted the schedule of SpaceX’s crewed Crew Dragon launch debut.
Initially, the SpaceX Demo-2 mission set to carry NASA astronauts Bob Behnken and Doug Hurley to the ISS was slated to occur in the summer of 2019. That demonstration flight has since dropped off of the NASA launches and landings schedule, at least through October. SpaceX is now targeting a Demo-2 launch no earlier than December 2019 but an array of critical milestones must be completed to achieve that goal and both SpaceX and NASA have been keen to express that a crewed Crew Dragon launch in 2019 is a huge stretch.

According to the recent blog post, “NASA Administrator (Jim Bridenstine) has directed all programs in the Human Exploration and Operations Directorate to reexamine flight dates once new leadership is in place to deliver realistic schedule plans.” It is very likely that these new schedule plans will push the Demo-2 launch target into 2020.
Another roadblock that affects the timeline is the fact that SpaceX has yet to conduct an in-flight abort (IFA) test of the Crew Dragon capsule, meant to demonstrate the ability of the capsule’s SuperDraco thruster abort system to safely return crewmembers back to Earth in the event of an in-flight failure. SpaceX’s IFA has been delayed by multiple months after a catastrophic anomaly during an attempted April 2019 static fire test of the abort system resulted in the complete loss of the Crew Dragon capsule (C201), originally assigned to support the IFA. Although the capsule was destroyed, valuable lessons were learned about the pressurization and propulsion systems of Crew Dragon, particular “the flammability of the check valve’s titanium internal components” according to a July 15th statement released by SpaceX.

As a result of the loss of C201, the in-flight abort test must now use the Crew Dragon capsule (C205) originally intended for the Demo-2 to transport Behnken and Hurley to the ISS. The findings from the anomaly investigation identified changes to the SuperDraco thruster abort system that would need to be made to all capsules currently in production prior to any future flights. SpaceX states that “thorough testing and analysis of these mitigations has already begun in close coordination with NASA, and will be completed well in advance of future flights.”
Pending SpaceX’s modification of Dragon 2 hardware and NASA’s approval, a new launch date for the in-flight abort test could be announced as early as August. According to SpaceX CEO, Elon Musk, Falcon 9 Block 5 booster B1048.3 – the second booster to successfully complete three launches and landings – will likely support Crew Dragon’s in-flight abort test, although there have been indications from NASASpaceflight.com that B1046.3 is also a candidate.
Step by step
Following a successful in-flight abort test and recovery of the Crew Dragon capsule, a joint flight readiness review will be conducted by SpaceX, NASA’s Human Exploration and Operations Directorate (HEOD), the Commercial Crew Program (CCP), and the International Space Station Program to settle on a launch date for Demo-2. This meeting will ensure that all parties are well-versed in the procedures required to support crewed spaceflight missions from US soil after an almost decade-long hiatus.
Another anticipated safety procedure that is assumed to be tested prior to the designation of a crewed flight date is a full rehearsal of emergency escape procedures at Launch Complex 39A (LC-39A), located at Kennedy Space Center, Florida. A joint version of this test was recently completed by NASA, Boeing, and United Launch Alliance in anticipation of crewed flights launching from Space Launch Complex 41 on Cape Canaveral Air Force Station in Florida. As an escape system has not been necessary at LC-39A since the retirement of the Shuttle program, SpaceX and NASA may participate in a similar demonstration utilizing a recently installed zip-line egress system on the Fixed Service Structure of LC-39A.

Although there is some time remaining in the year for SpaceX and NASA to meet all pre-flight objectives, it seems more likely that a crewed SpaceX demonstration mission to the ISS will occur sometime in 2020. As NASA said “we are testing, learning and incorporating changes to improve the design and operation of these next-generation human space transportation systems. As a result, our providers have improved the safety of these systems, and the effect of these changes have impacted schedules.”
Finally, according to recent reports from a handful of Russian media outlets, Crew Dragon’s inaugural crewed launch is believed to be scheduled for absolutely no earlier than (NET) mid-December 2019, although all signs point to that date being purely for planning purposes. In short, Crew Dragon’s Demo-2 mission is all but guaranteed to slip into 2020, but those delays will (hopefully) result in a significantly safer and more reliable spacecraft.
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Elon Musk
SpaceX reveals reason for Starship v3 stand down, announces next launch date
SpaceX has decided to stand down from what was supposed to be the first test launch of Starship’s v3 rocket tonight after a minor issue with a hydraulic pin delayed the flight once more.
The company scrubbed its first test flight of the upgraded Starship v3 on May 21 in the final minutes of the countdown. SpaceX CEO Elon Musk quickly took to social media platform X, explaining that a hydraulic pin on the launch tower’s “chopsticks” arm failed to retract properly.
Musk added that the company would fix the issue this evening. SpaceX will attempt another launch tomorrow night at 5:30 p.m. CT, 6:30 p.m. ET, and 3:30 p.m. PT.
The hydraulic pin holding the tower arm in place did not retract.
If that can be fixed tonight, there will be another launch attempt tomorrow at 5:30 CT. https://t.co/DJAdvDYQpH
— Elon Musk (@elonmusk) May 21, 2026
The countdown for Starship Flight 12 — featuring the taller and more capable V3 stack with Booster 19 and Ship 39 — had been progressing smoothly until the late-stage issue surfaced. The Mechazilla tower arm, designed to secure the vehicle on the pad and eventually catch returning boosters, could not complete its retraction sequence.
SpaceX teams immediately began troubleshooting the hydraulic system for an overnight repair.
Starship V3 introduces several significant upgrades over earlier versions. These include greater propellant capacity, more powerful Raptor 3 engines, larger grid fins, enhanced heat shielding, and an improved fuel transfer system.
We covered the changes that were announced just days ago by SpaceX:
SpaceX unveils sweeping Starship V3 upgrades ahead of May 19 launch
The changes are intended to increase payload performance, support higher flight rates, and advance the vehicle toward operational missions, including Starlink deployments, NASA Artemis lunar landings, and future crewed Mars flights. The debut flight from Starbase’s new Launch Pad 2 marked an important milestone in scaling up the fully reusable Starship system.
This stand-down highlights the intricate challenges of preparing the world’s most powerful rocket for flight. Despite extensive pre-launch checks, a single component in the ground support equipment can force a scrub.
The incident aligns with Starship’s proven iterative development approach. Previous test flights have encountered both successes and setbacks, each providing critical data that refines hardware and procedures. Some outlets may call some of these flights “failures,” when in reality, they are all opportunities for SpaceX to learn for the next attempt.
With V3, SpaceX aims to reduce ground-system dependencies and increase launch cadence to meet ambitious long-term goals.
Elon Musk
SpaceX just filed for the IPO everyone was waiting for
SpaceX filed its public S-1, revealing $18.7 billion in revenue and billions in losses.
SpaceX publicly filed its S-1 registration statement with the Securities and Exchange Commission on May 20, 2026, making its financial details available to the public for the first time ahead of what could be the largest IPO in history.
An S-1 is the formal document a company must submit to the SEC before going public. It includes audited financials, risk factors, business descriptions, and how the company plans to use the money it raises. Companies are required to file one before selling shares to the public, and it must be published at least 15 days before the investor roadshow begins. SpaceX had already submitted a confidential draft to the SEC in April, which allowed regulators to review the filing privately before it went public.
The S-1 reveals that SpaceX generated $18.7 billion in consolidated revenue in 2025, driven largely by its Starlink satellite internet division, which posted $11.4 billion in revenue, growing nearly 50% year over year. Despite that growth, the company lost about $4.9 billion in 2025 and has burned through more than $37 billion since its founding.
SpaceX just forced Verizon, AT&T and T-Mobile to team up for the first time in history
A significant portion of those losses trace back to xAI, Elon Musk’s artificial intelligence company, which was recently merged into SpaceX. SpaceX directed roughly 60% of its capital spending in 2025 to its AI division, totaling around $20 billion, yet that division lost billions and grew revenue by only about 22%.
SpaceX plans to list its Class A common stock on Nasdaq under the ticker SPCX, with Goldman Sachs, Morgan Stanley, and Bank of America leading the offering. The dual-class share structure means going public will not meaningfully reduce Musk’s control, as Class B shares he holds carry 10 votes per share compared to one vote for public Class A shares.
The company is targeting a raise of around $75 billion at a valuation of roughly $1.75 trillion, which would make it the largest IPO ever. The investor roadshow is reportedly planned for June 5.
News
SpaceX reveals date for maiden Starship v3 launch
SpaceX has revealed the date for the maiden voyage of Starship v3, its newest and most advanced version of the rocket yet.
Starship v3 represents a significant leap forward. At 124 meters tall when fully stacked, it stands taller than previous versions and boasts substantial upgrades.
The vehicle incorporates next-generation Raptor 3 engines, which deliver higher thrust, improved reliability, and simplified designs with fewer parts. Both the Super Heavy booster (Booster 19) and the Starship upper stage (Ship 39) feature these enhancements, along with structural improvements for greater payload capacity—exceeding 100 metric tons to low Earth orbit in reusable configuration.
SpaceX and its CEO Elon Musk have announced that the company aims to push the first launch of Starship v3 this Thursday. Musk included some clips of past Starship launches with the announcement.
Now targeting launch as early as Thursday, May 21 → https://t.co/2gZQUxS6mm
— SpaceX (@SpaceX) May 19, 2026
First Starship V3 launch later this week! pic.twitter.com/JFX4CrSfnY
— Elon Musk (@elonmusk) May 19, 2026
There are a lot of improvements to Starship v3 from past builds. Key hardware changes include a more robust heat shield, upgraded avionics, and modifications optimized for orbital refueling, a critical technology for future missions to the Moon and Mars. This flight marks the first launch from Starbase’s second orbital pad, allowing parallel operations and accelerating the cadence of tests.
This will be the 12th Starship launch for SpaceX. Flight 12 objectives include a full ascent profile, hot-staging separation, in-space engine relights, and reentry testing. The booster is expected to perform a controlled splashdown in the Gulf of Mexico, while the ship will deploy 20 Starlink simulator satellites and a pair of modified Starlink V3 units before attempting reentry.
Success would validate V3’s design for operational use, paving the way for rapid reusability and higher flight rates.
The rapid evolution from V2 to V3 underscores SpaceX’s iterative approach. Previous flights demonstrated booster catches, ship landings, and heat shield advancements. V3 builds on these with nearly every component refined, supported by an expanding production line at Starbase that churns out vehicles at an unprecedented pace.
Starship V3 is here putting SpaceX closer to Mars than it has ever been
This launch comes amid growing momentum for SpaceX’s ambitious goals. Starship is central to NASA’s Artemis program for lunar landings and Elon Musk’s vision of making humanity multiplanetary. A successful V3 debut would boost confidence in achieving orbital refueling and crewed missions in the coming years.
As excitement builds, enthusiasts and engineers alike await liftoff. Weather and technical readiness will determine the exact timing, but the community is optimistic. Starship V3 is poised to push the boundaries of spaceflight once again, bringing reusable interplanetary transport closer to reality.