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SpaceX, NASA test escape zipline ahead of Crew Dragon’s astronaut launch debut
As part of continued preparations ahead of SpaceX’s Demonstration-2 mission (DM-2) that will debut Crew Dragon’s ability to support astronaut flight, SpaceX and NASA have successfully tested crew emergency egress (escape) systems at SpaceX’s primary crew launch facilities located at Launch Complex 39-A (LC-39A) at Kennedy Space Center in Florida. The successful verification tests have proven that SpaceX is ready to support crewed launches and preserve human life with effective escape methods, including a zipline mounted basket system that will whisk astronauts away from Crew Dragon and Falcon 9 in the event of a launch pad anomaly.
The formal launch pad escape verification test comes just a month after SpaceX and NASA CCP teams practiced astronaut recovery rehearsals – including emergency astronaut evacuation – from a high-fidelity Crew Dragon mockup capsule aboard the recovery Vessel GO Searcher.
Multiple teams from NASA and SpaceX including personnel from the Astronaut Office at NASA’s Johnson Space Center in Houston, NASA Flight Surgeons, SpaceX systems engineers, Kennedy Aero Medical, and Commercial Crew Program Safety worked together to successfully complete two full-dress rehearsals of different escape methods.
In a Commercial Crew Program (CCP) blog post, NASA CCP launch operations integrator Steve Payne stated that “this demonstration allowed all the various teams responsible for ground operations, system design, ground safety and emergency management to observe and verify the system is ready for operational use.”
The launch pad escape methods practiced at LC-39A simulated evacuation plans that would usher flight and pad crew members to safety should any sort of life-threatening anomaly occur during launch proceedings. Two different versions of escape methods were practiced – a quick emergency evacuation utilizing the zipline system and a less life-threatening situation using an elevator.
Both escape plans require that crew members are able to evacuate the crew access arm and crew-loading level of the Fixed Service Structure (FSS) at LC-39A, located some 265ft in the air. During SpaceX renovations of LC-39A the crew loading platform was moved roughly half a level higher to accommodate the Crew Dragon capsule’s position atop a Falcon 9 booster, as the Crew Dragon stack is far different from and significantly taller than the Space Shuttles that previously flew from LC 39-A.
One exit method demonstrated how both flight and pad crew members could exit the launch pad under non-emergency circumstances. NASA astronauts Bob Behnken and Shannon Walker participated in the exercises and began the first rehearsal at the end of the crew access arm (CAA) – known as a white room – and took an elevator in the FSS to the ground before being escorted to a safe location nearby.
The second rehearsal simulated an emergency (i.e. time-sensitive) egress with active escape alarms and fire suppression systems that required the astronauts and pad crew to escape the launch tower using slide-wire mounted – essentially a serious zipline – basket transport system. This method has been around for decades and during the SpaceX LC-39A renovations some much-needed upgrades were implemented, including a new braking system to control basket descent speed and modifications to allow easier exit from the baskets.
In the blog post, Behnken expressed excitement about the completion of the verification tests, as they bring him and his colleagues one step closer to launching to orbit aboard SpaceX’s Crew Dragon spacecraft. “It’s exciting to have this verification test behind us on our way to the SpaceX Demo-2 mission. Each time today when we headed down the crew access arm, I couldn’t help but think about what it will be like to strap into Dragon on launch day.”
Behnken’s words reflect the anticipation and excitement that is shared by all as we await the historic and triumphant return of human spaceflight from US soil when SpaceX’s Crew Dragon capsule carries astronauts to the International Space Station for the first time. SpaceX CEO, Elon Musk, recently stated that the Crew Dragon capsule (C204) and trunk that will support DM-2 and (hopefully) push SpaceX into a new era of human spaceflight is set to arrive in Florida as early as November 2019. The Falcon 9 booster (B1058) has already completed static fire testing in Texas and is likely already in Florida or set to arrive imminently.
If all goes as planned during Crew Dragon’s upcoming in-flight abort (IFA) test and NASA is able to efficiently complete its myriad of reviews and paperwork, SpaceX should be ready to launch its first astronauts into orbit early next year.
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Elon Musk has firmly denied recent media reports suggesting that SpaceX has reduced its target valuation for an upcoming initial public offering.
The denial came directly from the SpaceX and Tesla frontman on his social media platform X, where he responded with a single word, “False,” to a post from ZeroHedge that cited Bloomberg sources.
This swift rebuttal underscores Musk’s ongoing effort to manage speculation surrounding one of the most anticipated market debuts in recent history.
False
— Elon Musk (@elonmusk) May 29, 2026
According to the disputed reports, SpaceX had lowered its IPO valuation goal to at least $1.8 trillion from previous ambitions exceeding $2 trillion.
The claims emerged amid growing anticipation for the company’s confidential S-1 filing, which positions it for a potential public listing as early as June.
Some had pointed to strong revenue growth, particularly from the Starlink satellite internet service, which contributed heavily to the firm’s 2025 figures of $18.7 billion. Yet challenges persist in other areas, including substantial investments and losses tied to ambitious projects like Starship development and artificial intelligence initiatives, which plan to make life multiplanetary eventually.
Musk’s response highlights a pattern in which he actively counters what he views as inaccurate portrayals of his companies’ trajectories.
SpaceX, already valued privately at extraordinary levels, stands as a cornerstone of Musk’s empire alongside Tesla and xAI. The entrepreneur has long emphasized the transformative potential of reusable rockets and global broadband access, factors that fuel investor enthusiasm despite operational hurdles.
By rejecting the valuation downgrade narrative, Musk signals confidence in SpaceX’s fundamentals and its readiness for public markets on terms favorable to its long-term vision. People have been waiting a very long time to invest in SpaceX, and the valuation, as well as the introductory share price, is not going to need adjusting.
They’ll have plenty of suitors.
This episode reflects broader dynamics in the technology sector, where rumors often swirl around high-profile entities. Musk’s direct engagement with media narratives serves to maintain transparency and control the narrative around his ventures.
As SpaceX prepares for greater scrutiny in public markets, the founder’s denial reinforces optimism about its prospects. Supporters argue that the company’s innovative edge positions it for enduring success, far beyond short-term valuation debates. With the denial now public, attention turns to forthcoming regulatory filings that could provide clearer insights into SpaceX’s strategy and financial health.
The coming weeks promise to reveal more about how SpaceX will transition into a publicly traded powerhouse.
Tesla’s dreams of operating a fully autonomous ride-hailing platform just took a massive step toward reality, as two separate events have indicated the company is perhaps closer than ever to achieving self-driving as a product.
On Thursday, Tesla was granted authorization by the State of Texas to operate driverless vehicles in a commercial manner. On May 28, Senate Bill 2807, passed by the 89th Texas Legislature, took effect after being passed back on September 1, 2025.
The bill establishes a statewide regulatory framework requiring authorization from the Texas Department of Motor Vehicles for companies to operate automated vehicles commercially on Texas roads.
This covers driverless, or SAE Level 4+, operations for passenger transport, meaning Robotaxi, or freight.
Tesla and other companies can self-certify their vehicles and tech as long as they:
- Operate in compliance with Texas traffic laws
- Maintain proper registration, title, and insurance
- Use compliant automated driving systems
- Record onboard activity and handle system failures and glitches safely.
The new authorization, which was first reported by James Stephenson on X, allows companies to utilize their own processes to determine if their vehicles are ready to operate without drivers.
🚨BREAKING:
Tesla has been authorized by the State of Texas to operate driverless vehicles commercially under the new law that took effect today, May 28th, 2026. Tesla has officially self-certified the software running on its robotaxis as Level 4. $TSLA pic.twitter.com/KSJdsvlaW5— James Stephenson (@ICannot_Enough) May 28, 2026
It is a rule that expedites the entire approval process, keeping agencies out of a usually long, lengthy, and frustrating task that is essential to technological advancements. It essentially means Tesla can launch commercial Robotaxi operations at this point.
On the very same day, Tesla continued the momentum as CEO Elon Musk shared a video of Cybercab units autonomously driving off the property at Gigafactory Texas. This is a major step in the story of the Cybercab.
Mass production of the Cybercab started at Giga Texas in April, and it is already heading out of the factory on its own.
Cybercab driving itself out of the GigaTexas factory pic.twitter.com/EwAMVVDjYy
— Elon Musk (@elonmusk) May 28, 2026
These two major events mark a drastic step forward in Tesla’s progress toward Cybercab and the permissions it needs to operate a self-driving ride-hailing service. Tesla is now able to operate autonomously under Texas law by self-certifying, and with the potentially imminent rollout of Cybercab, Tesla’s autonomous dreams are starting to take serious shape.
Elon Musk
The Tesla and SpaceX merger everyone is talking about is quietly building
Tesla and SpaceX may be closer to merging than Wall Street or either company is admitting.
Elon Musk has reportedly discussed merging Tesla and SpaceX with people close to him, according to CNBC, which cited sources familiar with the conversation. Tesla employees have long expected such a transaction and the topic is openly discussed internally, according to internal sources. With SpaceX is days away from kicking off its Wall Street roadshow for what could be the largest IPO in market history, this would be the first time the company will have public market currency to execute a stock-for-stock deal with Tesla.
The financial logic for a merger would make sense. A combined SpaceX and Tesla would create a conglomerate spanning rockets, satellites, electric vehicles, AI infrastructure, and energy storage valued at roughly $3.35 trillion to $3.6 trillion based on SpaceX’s IPO target range and Tesla’s current market capitalization. The two companies are already more intertwined than most people realize. SpaceX bought $697 million worth of Tesla Megapack systems for xAI data centers and $131 million worth of Cybertrucks. Tesla invested $2 billion in xAI, which subsequently merged with SpaceX. Past transactions also include Tesla selling solar equipment and parts to SpaceX, and SpaceX helping with Cybertruck materials.
Will Tesla join the fold? Predicting a triple merger with SpaceX and xAI
Musk himself signaled where this was heading in November 2025 when he posted on X, “My companies are, surprisingly in some ways, trending towards convergence.” Tesla and SpaceX announced a joint semiconductor fabrication facility in Austin called Terafab on the Gigafactory Texas campus, covering two advanced chip factories, with one serving Tesla’s AI needs for vehicles and Optimus robots, the other targeting space-based data centers under SpaceX’s infrastructure vision.
Wedbush analyst Dan Ives places the probability of a merger at 80% to 90% with a target completion in the first half of 2027. The mechanics of a deal became possible the moment SpaceX filed its S-1. Legal experts said a merger likely would not spark antitrust issues but would raise concerns among shareholders in each company, with questions around which company would be the parent, how a stock swap would take place, and who determines the appropriate price. Musk holds about 20% of Tesla’s equity but controls 85.1% of SpaceX’s voting power through a super-voting share class, meaning he would largely be negotiating the terms with himself.
Not everyone is convinced the timing is imminent. Traders on Kalshi place only 33% odds that a merger will happen before May 2027. The more immediate concern for Tesla shareholders is whether the SpaceX IPO pulls capital and Musk’s attention away from Tesla before any merger consolidates the upside for both.
What is clear is that the structural groundwork is already being laid. The Terafab announcement, the xAI merger, the shared supply chain, the cross-company balance sheet transactions, and now the IPO all point in the same direction. Whether the merger follows in 2027 or later, the two companies are already operating more like divisions of a single entity than independent competitors.
Elon Musk strikes down reports on SpaceX IPO rumors
Tesla’s Robotaxi dreams just took a massive step toward reality
