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(Updated) SpaceX’s next launch is a first step to rival Comcast and Time Warner

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Updated February 21: Due to strong upper-level winds, SpaceX has postponed the launch to the same time on Thursday, 6:17 a.m. PST, 9:17 EST. CEO Elon Musk took to Twitter to address the delay, “High altitude wind shear data shows a probable 2% load exceedance. Small, but better to be paranoid.”

Update: SpaceX has delayed the launch of PAZ and its Starlink prototype satellites from Sunday, February 18 to Wednesday the 21st in order to complete additional tests and checks of an upgraded payload fairing. Wednesday’s new instantaneous launch window remains unchanged – 6:17 a.m. PST, 9:17 EST.

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Not long after SpaceX’s recent, flawless Falcon Heavy debut, the company has completed a successful static fire of a flight-proven Falcon 9 on the West coast. SpaceX is preparing to send the Spanish government’s PAZ imaging satellite skyward aboard the same rocket that launched Formosat-5 for the Taiwanese government in August 2017.

Amazingly, this means that three of the four launches conducted by SpaceX in the last two months will have made use of reused Falcon 9 boosters, something I am choosing to take as foreshadowing for the coming months. By all appearances, the rocket company has been eminently successful in enacting a true industrial phase change towards the acceptance of flight-proven rocketry – a hard-earned achievement made possible by a combination of incredible reliability and unexpectedly positive responses from government agencies like NASA and the USAF.

A relatively light payload, PAZ weighs in just shy of 1400 kg. However, despite a lack of confirmation, it is known that riding along with the imaging satellite are two highly significant prototype satellites, built by SpaceX itself. Deemed Microsat 2A and 2B in FCC licensing applications, the small 400 kg satellites will act as SpaceX’s first-ever flight test of integrated satellite hardware – a massive step towards realizing the company’s dream of Starlink, a global internet constellation meant to provide service of the same caliber (or better…) as providers like Comcast, Time Warner, and others. This will be a major moment if successful, and will make SpaceX the first US company to successfully launch its first prototype internet satellites intended for low Earth orbit (200-1000 miles above Earth), a factor that would make them far more viable as a competitive alternative to ground-based internet than the current heavyweights in geostationary orbit (30,000+ miles above Earth).

Those distances are crucial: such a long distance between user and terminal (60,000+ miles round trip) results in what the average person would consider “lag” or simply unresponsive internet, where actions take as long as several seconds to register (such as clicking a link). This makes things like gaming, video chat, and more effectively unusable. However, thanks to the miniaturization enabled by the relentless progress of electronics technologies, tiny satellites (100-500 kg) with electric propulsion are rapidly becoming a viable alternative and threat to the massive (4000-8000 kg) communications satellites placed into geostationary orbit. Through mass production and lower costs to orbit, a giant network of magnitudes smaller satellites can realistically beat those giant satellites by being closer to the Earth. This means that more satellites in a given network will more frequently reenter the Earth’s atmosphere and be destroyed, requiring the constant launch of reinforcements, but this new paradigm is actually a viable strategy.

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A beautiful string of Iridium NEXT satellites deployed into the sunrise. (SpaceX)

SpaceX’s own Microsats, prototypes for a constellation likely to be named Starlink, are quite possibly the most promising entrants among a sea of interested constellation operators. With the addition of laser-based communications links between each or most of the Starlink satellites planned to be placed in orbit, SpaceX’s constellation will be truly unique in its extreme flexibility as a giant, global mesh network.

By using lasers, latency (lag) will be far less significant and will enable SpaceX to distribute its network’s availability beyond the capability of any individual satellite, known as a decentralized network. As always, SpaceX’s choice to pursue such a configuration is extraordinarily ambitious. Still, the very fact that Microsat 2A and 2B are scheduled for launch just days from now suggests that the company’s near-silent satellite development program, employing several hundred people all over the West coast, has seen some considerable successes. In other words, it’s likely not a coincidence that the first flight test of a Starlink satellite will actually feature two satellites – one cannot test laser interlinks with just one satellite.

All things considered, fingers crossed for SpaceX on this flight-proven commercial mission. If all goes well with both PAZ and the Starlink prototypes, SpaceX will be one huge step closer to being able to provide truly universal, affordable, and high-quality internet.

Stay with us on Twitter and Instagram as Teslarati’s West Coast photojournalist, Pauline Acalin, will bring us on the ground coverage at California’s Vandenberg Air Force Base ahead of, and on the day of, the PAZ mission.

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Follow along live as we cover these exciting proceedings live on social media!

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Pauline AcalinTwitter

Eric Ralph Twitter

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Eric Ralph is Teslarati's senior spaceflight reporter and has been covering the industry in some capacity for almost half a decade, largely spurred in 2016 by a trip to Mexico to watch Elon Musk reveal SpaceX's plans for Mars in person. Aside from spreading interest and excitement about spaceflight far and wide, his primary goal is to cover humanity's ongoing efforts to expand beyond Earth to the Moon, Mars, and elsewhere.

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Tesla Cybercab launch is imminent after latest sighting at Giga Texas

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Credit: Joe Tegtmeyer | X

Tesla just gave what is perhaps its biggest signal yet that the launch of the Cybercab, its autonomous ride-hailing-geared car, is imminent.

The Cybercab has been spotted outside of Gigafactory Texas in massive numbers over the past few days, with hundreds of units being stored on property just days after the vehicle received a Certificate of Conformity from the EPA.

Today, things were a bit different.

Cybercabs spotted on Giga Texas property today had an addition: a Cybercab decal on the side, reminiscent of the “Robotaxi” ones that were placed on Model Ys just as the company launched its ride-sharing platform about a year ago.

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Giga Texas drone operator Joe Tegtmeyer noticed the change today:

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Tesla could be signaling that the Cybercab is preparing to enter the Robotaxi fleet in the coming weeks or months with this move. It seems more symbolic than anything; Tesla is ready to throw Cybercabs in the ride-hailing platform just as it did with Model Ys last year.

The addition of the Certificate of Conformity awarded to the Cybercab is another major factor working to Tesla’s advantage. The company now has permission from the EPA to allow the vehicle to operate on public roads and enter the chain of commerce. It’s officially street legal.

Tesla Cybercab specs revealed: range, curb weight, range ratings, and more

The big question that remains is whether Tesla will be able to operate the car without a safety monitor, especially considering it plans to put the car out there without a steering wheel or pedals. With the Cybercab only having a seating capacity of two, it is hard to believe Tesla will even consider putting a Safety Monitor in the car.

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It did recently self-certify as Level 4 and has the ability to operate driverless vehicles in the State of Texas under a law that took effect on May 28. You can read more about that here:

Tesla’s Robotaxi dreams just took a massive step toward reality

We’d imagine Cybercabs will be on the roads as soon as July, but August will likely be a better estimate of when the car will be entered into the Cybercab fleet. It all depends at where Tesla is, as they’ve truly prioritized safety with the rollout of the Robotaxi platform.

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Elon Musk says this part of Tesla ‘makes no sense’

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Justin Pacheco, Public domain, via Wikimedia Commons

Elon Musk has publicly questioned Moody’s credit assessments following the rating agency’s decision to assign SpaceX a Baa1 investment-grade rating, two notches above Tesla’s Baa3. The comments came amid discussions comparing the two companies’ financial profiles.

SpaceX earned its first-time Baa1 rating with a stable outlook from Moody’s. The agency highlighted the company’s leadership in orbital launches, the growing recurring revenue from its Starlink satellite network, strong vertical integration, U.S. government contracts, and emerging opportunities in AI infrastructure.

These factors were cited as supporting robust cash flows, margin expansion, and financial flexibility.

Musk responded directly: “Tesla’s credit rating is ridiculously low tbh,” and added, “Yeah, makes no sense. Tesla has over $40B in cash, no debt, and is consistently profitable!” His remarks underscored Tesla’s balance sheet strength and profitability at a time when many traditional automakers continue to report losses in the shift to electric vehicles.

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Tesla maintains a leading position in the global EV market, with diversification into energy and storage, battery technology, and robotics through projects like Optimus. Recent financial updates show the company generated positive free cash flow of $1.4 billion in Q1 2026, supported by operating cash flow of $3.9 billion. Cash and short-term investments stood at approximately $44.7 billion.

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Moody’s has affirmed Tesla’s Baa3 issuer rating with a stable outlook in periodic reviews, acknowledging the company’s EV leadership, technology strengths, including AI for autonomous vehicles, solid profitability, and strong liquidity.

Tesla (TSLA) scores Baa3 Moody’s rating for ‘stable’ outlook

However, the agency has also noted challenges in the automotive segment and expectations for margin pressures.

Musk’s critique highlights a common debate about how traditional rating methodologies apply to high-growth, capital-intensive technology companies. SpaceX benefits from long-term government-backed contracts and diversified, recurring revenue streams, while Tesla’s valuation reflects heavy investment in future technologies such as autonomy and robotics.

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Both ratings remain investment-grade, yet the one-notch difference has fueled online discussion about potential inconsistencies in evaluating innovative firms.

The exchange comes as SpaceX explores financing options following its recent valuation milestones, while Tesla continues executing on its multi-year roadmap. Musk’s pointed response serves as a reminder that credit ratings, though influential for borrowing costs, represent one lens through which markets assess corporate strength—and that company leaders often view their financial positions through the lens of long-term innovation and cash generation rather than short-term risk metrics alone.

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Tesla Full Self-Driving faces major pushback in Europe

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Credit: Tesla

A new report from Reuters claims that a transport authority in Sweden is pushing back against the approval of Tesla’s Full Self-Driving suite because it will travel over speed limits.

The report says the Swedish Transport Administration (TRV) recommends the European Union votes against FSD’s approval. TRV believes it should not be approved until Tesla disables FSD’s ability to speed.

TRV sent a letter to the European Union’s Technical Committee on Motor Vehicles (TCMV), which is set to meet on June 30 to discuss the potential approval of the Tesla FSD suite in the country. Tesla, which has received various approvals in Europe over the past two months, has not provided a comment.

Tesla Full Self-Driving gets first-ever European approval

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Teslas operating on FSD do travel over the speed limit, depending on the Speed Profile that is chosen. Drivers have the ability to disengage FSD at any point; Tesla specifically states that those supervising the suite are responsible for its actions.

Let’s cut to the chase: humans operating any vehicle speed almost daily in the United States. Realistically, speed limits in the U.S. are more frequently treated as speed minimums. However, other countries are different, and driving behaviors are less aggressive.

TRV believes that “allowing automated systems to systematically exceed legal speed limits…risks undermining both the legal framework and the expected safety benefits of ​vehicle automation,” the report stated. It’s surprising that Tesla has not received this claim from other countries previously.

This could be a good argument to bring Max Speed back, the setting that previously allowed the driver to choose the absolute fastest the car would travel.

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This would still put the responsibility of supervision in the hands of the driver. It would allow the driver to choose whether the car would travel over the speed limit or not, acknowledging that they set the speed, and if they get pulled over, there would be no ability to argue it.

However, it does not seem as if this is something Tesla will do, especially considering many U.S. drivers have requested the feature in an effort to eliminate speeding or at least tone it down. The company has not shown any interest in bringing it back.

Tesla has approvals for FSD in Europe in Estonia, Lithuania, Denmark, the Netherlands, and Belgium.

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