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SpaceX ready for second ever reused Falcon 9 launch on June 19
SpaceX’s Falcon 9 “1029” is nearly ready to conduct its second commercial launch later this weekend after today’s successful static fire at Launch Complex 39A. Static fire was initially planned for June 13th but was delayed to the 14th and then the 15th, with the launch date also being delayed by two days to June 19th. This small delay is likely a result of launch pad readiness procedures taking a bit longer than intended.
Now scheduled with a window of 2-5 p.m. EST on June 19th, a successful launch will mark the second successful reuse of a Falcon 9 first stage and thus the second ever reuse of an orbital-class rocket. This particular first stage, 1029, is coincidentally symbolic in the sense that it launched SpaceX’s first mission after the Amos-6 failure last year, when a complex series of events led to a massive explosion that destroyed Falcon 9, the Amos-6 payload, and severely damaged the site it was to launch from. Elon Musk deemed it “the most difficult and complex failure” SpaceX had ever faced. It was all the more surprising that the company returned to flight just over four months later, in an industry in which failures of the same scale can result in launch vehicle groundings of multiple years (the Space Shuttle, Orbital ATK’s Antares).
1029 after recovery in the Pacific Ocean. 1 in the “1029” indicates that it is a first stage and 029 implies that it is the 29th Falcon 9 to be manufactured. SpaceX has recently begun to physically label each stage with their serial numbers between their landing legs. (SpaceX)
The best possible demonstration of a launch company’s confidence in their ability to spring back from a trying failure may well be a willingness to reuse the actual launch vehicle that marked their return to flight. And that is exactly what SpaceX is about to attempt with the second launch of 1029, which flawlessly orbited Iridum’s first set of ten NEXT satellites in the company’s return to flight after Amos-6.
Falcon 9 1029 will be tasked with placing the satellite in a geostationary transfer orbit, meaning that the satellite itself will use its own bi-propellant thrusters to reach its final geostationary orbit above Earth. With a mass estimated around 4000 kilograms, 1029 will very likely be able to attempt a recovery by landing on SpaceX’s West coast Autonomous Spaceport Drone Ship (ASDS), known as Of Course I Still Love You (OCISLY). There have also been reports of the mythical Optimus Prime robot conducting tests aboard OCISLY yesterday, hinting that this recovery may be the first time that the robot will be allowed to attempt to secure the recovered first stage after landing on the drone ship.
Static fire test of Falcon 9 complete—targeting June 19 launch of BulgariaSat-1 from historic Pad 39A pic.twitter.com/sndsLhKtwA
— SpaceX (@SpaceX) June 15, 2017
An automated method of securing recovered stages after landing has the potential to progress SpaceX’s goal of rapid reusability, and BulgariaSat-1 will mark the beginning of a schedule that has SpaceX attempting to launch Falcon 9 three times in 14 days, a truly impressive accomplishment even if delays stretch it out to 20+ days.
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- Optimus Prime roving around OCISLY on June 13th. (Brady Kenniston/NASAspaceflight.com)
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- Optimus Prime captured by helicopter while conducting tests in March earlier this year. (Source: Reddit /u/riddlerthc)
BulgariaSat-1 has lately been called Bulgaria’s first true satellite, but it is really the country’s second satellite. Manufactured and assembled by the Palo Alto, California-based Space Systems Loral (SSL), it will offer much broader coverage of the Europe and Balkans regions and provide high quality satellite television and telecommunications services in a bid to expand Bulsatcom’s market.
Much like cars are often built off of the same chassis, BulgariaSat-1 is based upon a communications satellite bus (SL-1300) that has flown successfully dozens of times and currently has dozens of active variants in geostationary orbits. BulgariaSat-1 will be the sixth SL-1300 derived satellite that SpaceX themselves have launched, and the company has four other SL-1300 satellite scheduled for launch in 2017 and 2018.
President Donald Trump unveiled an upgraded Boeing 747-8 at Joint Base Andrews on June 19, 2026, describing the Qatar-gifted aircraft as an interim Air Force One equipped with advanced communications systems, including Starlink, Elon Musk’s SpaceX satellite internet service.
The plane, valued at around $400 million and modified for presidential use, serves as a bridge until the delayed VC-25B replacements arrive. Trump highlighted its luxury features and new technology during remarks to service members.
Trump stated:
“We have communication equipment up there that nobody’s ever seen before. It’s the highest level and, uh, including Starlink. My friend Elon is going to be very happy, but, uh, Starlink and we have, uh, four or five different sets of double and triple communications like people haven’t seen.”
He added:
“And it represents what can happen with hard work, innovation, and aggressive timelines because we did this quickly and yet there’s never been communication like is on this plane.”
🚨 President Trump confirmed today that the new Air Force One is equipped with Starlink:
“We have communication equipment up there that nobody’s ever seen before, it’s the highest level and including Starlink…my friend Elon is going to be very happy.” pic.twitter.com/IhkDmtr5hL
— TESLARATI (@Teslarati) June 20, 2026
The aircraft features a redesigned red, white, and blue livery and has been outfitted with Starlink satellite connectivity alongside other secure systems.
Trump praised the plane’s uniqueness, calling it among the world’s most luxurious. The gift from Qatar and subsequent modifications have drawn attention, with the jet positioned as a solution for presidential travel. It is expected to support operations, including potential ceremonial roles such as Fourth of July flyovers.
The event marked the formal introduction of the converted jet, which will help maintain capabilities while the primary Air Force One fleet undergoes modernization. Defense observers note the inclusion of commercial satellite technology like Starlink as part of efforts to ensure resilient communications, crucial to keep the country running as the President is in the sky.
President Trump’s comments underscored appreciation for rapid upgrades and innovation in equipping the aircraft. The plane remains a U.S. government asset and is slated for eventual transfer related to presidential library purposes after its service.
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.
Giga Texas drone operator Joe Tegtmeyer noticed the change today:
Tesla Cybercabs are now getting “Cybercab” logos on the side of them!
Tesla did the same with Model Ys that were given “Robotaxi” logos: https://t.co/DanANtw1m7 pic.twitter.com/FqOhH0S9Ks
— TESLARATI (@Teslarati) June 19, 2026
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.
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.
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.
Yeah, makes no sense.
Tesla has over $40B in cash, no debt and is consistently profitable!
— Elon Musk (@elonmusk) June 19, 2026
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.
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.
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.
President Trump touts new Air Force One with Musk technology
Tesla Cybercab launch is imminent after latest sighting at Giga Texas
