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SpaceX, NASA already planning its next astronaut mission following historic launch
SpaceX’s first launch of Crew Dragon with astronauts on board may have to wait a few more days to get off the ground, but that doesn’t mean that the company isn’t already looking forward to the future. Following Demo-2, and if all goes as planned, NASA is expected to certify the Crew Dragon spacecraft for regular flights to and from the space station.
At that time, SpaceX and NASA will start nailing down the details for its next crewed mission. Each Dragon spacecraft is certified to stay on orbit for no more than 120 days, so they have to time everything carefully. That’s why the length of Demo-2 is uncertain — it all depends on when the next spacecraft will be ready.
That could happen sooner rather than later. NASA administrator, Jim Bridenstine, explained during a pre-launch briefing that the next flight of the Crew Dragon could fly as soon as August 30. That flight, called Crew-1, would see the Dragon carry four astronauts to the space station for a six-month stay. On board will be three NASA astronauts — Mike Hopkins, Victor Glover, and Shannon Walker — who will be joined by Japanese astronaut Soichi Noguchi.
However, before they can fly, the Demo-2 crew of Doug Hurley and Bob Behnken are putting the Dragon through its paces. It’s their job to test out the craft’s various systems on this final test flight. Crew Dragon has already made one successful flight to the space station, but that was without a crew on board. When it flies this next time, Bob and Doug will not only test out manual controls of the Dragon’s flight systems, but also the craft’s ECLISS (or environmental control and life support system).
Bridenstine stresses that Demo-2 is a test flight. The mission is designed to test the vehicle, land it safely, and prepare to regularly launch crew. To that end, there will be several weeks in between the Demo-2 flight and the launch of Crew-1. This will allow SpaceX and NASA to inspect and certify the Dragon.
“They can be there probably until early August,” Bridenstine said, referring to the Demo-2 mission. “If we have a good window to come home and they are not necessary on the International Space Station, we will be taking it.”
“The goal is to get them to the International Space Station, test the systems and get them home,” he added. “If they can do more work than that while on the ISS, certainly that’s OK. But this is a test flight.”
Behnken and Hurley will be joining fellow NASA astronaut Chris Cassidy on station. Cassidy, along with two Russian cosmonauts, launched to the station in April. They’ve been serving as a skeleton crew, so the addition of two more astronauts will be welcomed.
SpaceX snagged a $2.6 billion contract in 2014, to fly six operational crewed missions for NASA. For nearly a decade now, NASA has been forced to rely on Russia as the sole means of transporting astronauts to and from the orbital outpost. This arrangement is expensive, with seats now costing NASA approximately $90 million each.
Once Crew Dragon is fully operational, NASA hopes to end its payments to Russia. It would lie to establish a barter system for seats instead. NASA is hopeful that the Russians will want to fly on the Dragon and are wanting to trade seats with the Russians in the near future.
That arrangement would see U.S. astronauts continue to fly on Soyuz spacecrafts as well as Russian cosmonauts fly on U.S. spacecraft with no money being exchanged. Russian officials have said they would be open to putting cosmonauts on U.S. vehicles after they’ve been fully certified.
Russia as well as many international partners participated in the Dragon’s readiness review process along with NASA. The Dragon passed both its flight readiness review and launch readiness reviews with flying colors. Right now, the only thing standing in its way is launch weather.
Currently, NASA and SpaceX are targeting Saturday, May 30 at 3:22 p.m. for liftoff.
Elon Musk
SpaceX (SPCX) IPO is live today at $135: Here’s exactly what you need to know
SpaceX priced its historic IPO at $135 per share today, raising a record $75 billion.
SpaceX officially priced its initial public offering at $135 per share, offering 555,555,555 shares of Class A common stock and raising $75 billion in what is the largest IPO in stock market history. Shares are set to begin trading on the Nasdaq Global Select Market on Friday, June 12, under the ticker symbol SPCX. The previous record holder was Saudi Aramco’s 2019 offering at $29 billion, followed by Alibaba’s $22 billion offering in 2014.
At $135 per share and roughly 555.6 million shares, the implied valuation sits near $1.75 trillion, which would make SpaceX roughly the seventh largest company in the United States, just above Tesla’s current market cap. Regular investors can request shares at the IPO price through Robinhood, Fidelity, Charles Schwab, SoFi, and E*TRADE, though the deal is heavily oversubscribed and most retail allocations will be partial or unfilled. Once trading opens June 12, anyone with a brokerage account can buy SPCX on the open market.
SpaceX’s amended S-1 is sparking a major Tesla merger conversation
The valuation is anchored primarily by Starlink. Starlink crossed 10 million subscribers as of February 2026 and is adding 750,000 to 1.5 million new users per month, with the connectivity segment already posting a $1.19 billion profit last quarter. The offering also bundles in xAI following SpaceX’s all-stock merger earlier this year, adding Grok and the Colossus supercomputer to the investment thesis. As Teslarati reported, Starlink ended 2025 with $10 billion in revenue, a figure analysts project could reach $24 billion by end of 2026.
Wedbush analyst Dan Ives has been vocal in his support. “I think the time is right,” Ives said, adding that the offering expands the Elon Musk ecosystem rather than competing with Tesla. An average 12-month price target of $165 per share represents roughly 22% upside from the IPO price. Not everyone agrees – Motley Fool noted xAI is spending $1 billion per month playing catch-up to OpenAI and Anthropic.
Musk founded SpaceX in 2002 with a single stated purpose. “Elon founded SpaceX with a goal to change humanity, to make us a multi-planet species,” CFO Bret Johnsen said in the company’s retail roadshow video this week. Musk himself has been more direct: “We are building the systems and technologies necessary to provide global connectivity on Earth and beyond, to understand the true nature of the universe, and to extend the light of consciousness to the stars.”
Investor's Corner
Tesla unfolded its first European “folding Supercharger”
Tesla’s folding Supercharger just arrived in Europe and it changes how fast charging expands.
Tesla’s Folding Unit Supercharger has officially landed in Europe, with the company teasing a new installation in its effort for a broader rollout targeting major motorway rest stops across the European continent in Q3 2026. The arrival marks a notable shift in how Tesla is thinking about network expansion, moving from hardware performance alone to engineering the logistics chain itself.
While Tesla did not reveal the exact location for the new folding Supercharger in Europe, the photo shared on X heavily suggests that this maybe somewhere in Norway. Historically, whenever Tesla rolls out an entirely new infrastructure architecture in Europe, whether it was the original Supercharger stalls years ago or these brand-new modular V4 “Folding Units”, Norway is almost always the designated launch pad because of its unmatched EV adoption rate and supportive infrastructure
The Folding Unit, introduced in March 2026, is a factory pre-assembled V4 charging station built on an industrial hinge system mounted to a heavy-duty concrete base. The entire assembly arrives on site ready to unfold and connect. Tesla confirmed the units feature telescopic light poles specifically designed for easy transportation and fast on-site deployment, a detail that signals how carefully the logistics chain has been engineered alongside the hardware itself. The design allows 33% more stalls per delivery truck, cuts installation time roughly in half, and reduces overall deployment costs by more than 20% compared to traditional installations.
Tesla’s newest “Folding V4 Superchargers” are key to its most aggressive expansion yet
Tesla also noted telescopic light poles which provide benefits over traditional Supercharger installations that require fixed-height poles that are awkward to ship, slow to position on site, and often require separate crews and equipment to erect before charging hardware can even be staged. By engineering poles that compress for transit and extend on arrival, Tesla has removed one of the quieter bottlenecks in the physical deployment process. Every hour saved on a light pole installation is an hour redirected toward getting stalls energized. At scale, across dozens of new sites per quarter, those hours add up to a meaningful acceleration in how quickly a location goes from approved permit to serving its first customer.
Each Folding Unit pairs a single V4 power cabinet with eight charging posts. The V4 cabinet delivers up to 500 kW per stall for passenger vehicles and up to 1.2 MW for the Tesla Semi, supporting twice the stalls per cabinet at three times the power density of its predecessor. Longer cables make every new station immediately usable by non-Tesla vehicles, a priority as Tesla continues opening its network to Ford, GM, Rivian, Hyundai, Stellantis, and others.
As Teslarati reported when the Folding Unit was first unveiled, Tesla’s Gigafactory New York produced its final V3 Supercharger cabinet in March 2026 after more than seven years and 15,000 units, completing a full pivot to V4 production. The European arrival of the folding design is the next chapter in that transition.
Faster and cheaper deployment means Tesla can justify building in markets and corridors that were previously too expensive to serve, filling the coverage gaps that have slowed EV adoption outside major urban centers.
First Folding Unit Superchargers in Europe 🇪🇺 https://t.co/KNfYWJukkL pic.twitter.com/YR1udIpH1i
— Tesla Charging (@TeslaCharging) June 10, 2026
Tesla has stunned by gaining yet another approval for its Full Self-Driving suite in Europe, its second in two days and its fifth overall.
Belgium will be the latest country to allow Tesla owners to utilize FSD on public roads in Europe, joining a quickly growing list that started with the Netherlands, Lithuania, and Estonia.
On Tuesday, Denmark announced its approval of the FSD suite, which has now been followed by Belgium just one day later.
The country’s Minister of Mobility, Annick De Ridder, announced the approval on her X account, stating that she had just signed the approval of Tesla FSD. It now goes to the country’s homologation department for the last step of the approval process.
De @Tesla community houdt hier al geruime tijd de vinger aan de pols over de toelating voor de FSD-technologie op onze Vlaamse en Belgische wegen.
Uit waardering voor jullie niet-aflatende interesse (en aanmoediging 😉), krijgen jullie hierbij de primeur: ik heb net de toelating… pic.twitter.com/Yrps4OHTj8— Annick De Ridder (@AnnickDeRidder) June 10, 2026
The Belgian approval is one of mighty importance because it truly shows how quickly countries in Europe could greenlight the FSD suite consecutively. Approvals are already coming in relatively quickly, which is a great sign.
Perhaps the next big development that could come from FSD approvals in Europe is an approval from a country like England, Italy, France, Spain, or Germany. It would be something to see how FSD would perform in a major European metro, such as London, Barcelona, Madrid, Paris, Rome, or Berlin.
Getting Full Self-Driving in Spain and England will be such huge milestones for Tesla. I am so excited to see how FSD performs in Madrid, Barcelona, and London, specifically.
The ultimate test will always be Mumbai or New Delhi. Excited for India’s eventual approval! https://t.co/paw9Ch1qmL pic.twitter.com/9RdDERVSSJ
— TESLARATI (@Teslarati) June 9, 2026
Full Self-Driving does an excellent job of roaming around major U.S. cities like New York and Los Angeles, but other high-profile international cities of significance would truly mark a line in the sand for Tesla, which can simply enable any vehicle in its customer-owned fleet to run FSD with the correct approvals.
SpaceX (SPCX) IPO is live today at $135: Here’s exactly what you need to know
Tesla unfolded its first European “folding Supercharger”
