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SpaceX Falcon 9 rocket nails first operational NASA astronaut launch [updated]
Update: SpaceX has successfully resolved a handful of minor thermal control issues facing the brand new Crew Dragon capsule currently ferrying four astronauts in low Earth orbit (LEO).
As previously noted, shortly after the spacecraft reached orbit, two redundant thermal control system pumps registered pressure spikes, pushing Crew Dragon to use the backup pump. SpaceX was able to resolve that issue, effectively restarting the pumps and confirming healthy operation. Several hours later, the backup pump (“Loop B”) suffered another minor issue but was again returned to healthy operations. Simultaneously, Crew-1 astronauts found themselves stuck at an (admittedly comfortable) cabin temperature of 23C (~73F).
More pressingly, three of four heaters used to warm the propellant fed to Crew Dragon’s small Draco maneuvering and attitude control thrusters were automatically disabled a few hours after liftoff. Essential for most operations in orbit and necessary for Dragon to be allowed to remain docked with the ISS, restoring the functionality of at least one of the three heaters was essential, and SpaceX was thankfully able to restore function to all three by relaxing excessively conservative limits in the spacecraft’s flight software. Thanks to SpaceX’s fast work, Dragon is now in perfect health and ready for two crucial Draco burns at 11:20 am and 12 pm EST (UTC-5) on Monday, November 16th and is still scheduled to arrive at the ISS around 11 pm EST.
Right on schedule, a SpaceX Falcon 9 rocket has successfully lifted off on the company’s operational NASA astronaut launch debut, sending four crew members on their way to the International Space Station (ISS) in a historic moment for commercial spaceflight.
Days prior, NASA and SpaceX completed a multi-day “flight readiness review (FRR),” the results of which made SpaceX the first private company in human history to be qualified by a national space agency for routine astronaut launches. As is now more or less routine, the SpaceX Falcon 9 rocket assigned to NASA’s Crew-1 mission performed flawlessly over the 12 minutes it was involved in the launch, including nominal booster and upper stage performance, a successful booster landing at sea, and a smooth Dragon deployment from Falcon 9’s expendable second stage.
In a small point of concern, Crew Dragon capsule C207 (colloquially named Dragon Resilience by its crew) appeared to suffer a minor hardware or software fault shortly after orbital insertion, offering the first public glimpse behind the scenes as ground teams coordinated with Dragon’s orbiting astronaut crew to diagnose and fix the issue.
According to information revealed by SpaceX and NASA officials as they interacted with Crew-1 NASA astronauts Mike Hopkins, Victor Glover, Shannon Walker, and Japanese (JAXA) astronaut Soichi Noguchi, Crew Dragon’s fault detection software was tripped sometime after reaching orbit. Both thermal control system (TCS) “loop” pumps – likely referring to pumps used to circulate a liquid-based radiator system to maintain capsule temperature – experienced off-nominal pressure spikes, causing the spacecraft computer to switch to the second pump (“Loop B”).
As SpaceX’s main earth-to-ground communications team member (CapCom) noted, the TCS pump issue was far from critical given that both pumps appeared to be healthy – and one of those two redundant pumps functioning healthily – moments after Dragon alerted its passengers to the issue. Deemed to be not a showstopper, SpaceX continued the mission and permitted Crew Dragon to begin its first orbit-raising thruster burn – the first of a fairly complex series of ‘phasing’ burns needed to safely rendezvous with the International Space Station (ISS).
Unfortunately, due to a 24-hour weather delay from November 14th to November 15th, the complexities of orbital rendezvous mean that Crew Dragon’s Crew-1 mission to the ISS will involve a roughly day-long cruise phase. Had SpaceX been able to launch on the 14th, the cruise phase would have been just 8.5 hours long – perhaps the fastest crewed US space station rendezvous ever. Crew-1 will thus align quite closely with SpaceX’s Demo-2 astronaut launch debut, although likely not interspersed with manual astronaut piloting tests this time around.
On top of Crew Dragon’s thus far successful performance, Falcon 9 also completed a task critical for future Crew Dragon launches when new booster B1061 safely landed aboard SpaceX drone ship Of Course I Still Love You (OCISLY). While normally a distinctly secondary objective, booster recovery was all but essential for SpaceX and NASA during the Crew-1 launch after NASA’s recent reveal that B1061 has been assigned to launch Crew-2 as early as March 31st, 2021. In the likely event that the Falcon 9 booster is in good condition and NASA signs off after shadowing SpaceX’s refurbishment process, SpaceX will also become the first private company in history to launch astronauts into orbit on a flight-proven rocket booster. Additionally, thanks to plans to reuse Crew Dragon capsule C206 of Demo-2 fame, Crew-2 will also mark the first time in history that US astronauts launch into orbit in a reused space capsule.
If the Crew-1 cruise phases goes according to plan, Crew Dragon will autonomously ferry Hopkins, Glover, Walker, and Noguchi from a ~200 km (~125 mi) parking orbit to the International Space Station (ISS) between now and Monday, November 16th, nominally docking with the space station around 11 pm EST (04:00 UTC 17 Nov). From liftoff to reentry, Crew-1 is expected to be the longest continuous spaceflight of a US spacecraft in American history, spending approximately six months in orbit. For JAXA astronaut Soichi Noguchi, his Crew-1 launch also made him the third astronaut in human history to fly to orbit on three separate vehicles.
Ultimately, for SpaceX, the company has never been closer to achieving its foundational goal of enabling the affordable expansion of humanity into space than it is after today’s successful Crew-1 launch.
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, Mississippi.
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
