News
SpaceX’s plans for a reusable Dragon spacecraft fleet detailed by Gwynne Shotwell
President and COO Gwynne Shotwell says that SpaceX is simultaneously building a fleet of reusable, orbital Dragon spacecraft designed to support a range of NASA and commercial astronaut and cargo launches over the next 5-10 years.
Speaking shortly after SpaceX’s successful November 15th operational astronaut launch debut, also known as Crew-1, Shotwell revealed that the company is already in the process of building several more Crew and upgraded Cargo Dragon spacecraft on top of the vehicles already in the late stages of preparing for their first or second flights.
The comments ultimately confirm an unsurprising reality of the new Dragon 2 spacecraft: thanks to reusability, SpaceX intends to accomplish more than ever before with far fewer vehicles, likely saving a great deal of time and resources over the next 5-10 years.
Specifically, Shotwell revealed that SpaceX intends to build three reusable Cargo Dragon 2 capsules, one of which is already completed and in Florida preparing for its December 2nd CRS-21 launch debut. On the crew side of things, SpaceX will build “three more” Crew Dragon capsules on top of the flight-proven Demo-2 and currently orbital Crew-1 capsules. It’s unclear if this means that the new Crew Dragon capsule flown on SpaceX’s January 2020 In-Flight Abort (IFA) test will be refurbished for additional flights.
Excluding IFA Crew Dragon capsule C205, SpaceX thus intends to operate a fleet of at least three Cargo Dragon 2 and five Crew Dragon capsules, representing eight reusable spacecraft each capable of at least five orbital missions.
Reiterated by both Shotwell and director Benji Reed, the company has plans for as many as eight or more Dragon missions – including Crew-1, launched on November 15th – between now and February 2022.
“Over the next 15 months, we will fly seven Crew and Cargo Dragon missions for NASA. That means that starting with Crew-1, there will be a continuous presence of SpaceX Dragons on orbit. Starting with the cargo mission CRS-21, every time we launch a Dragon, there will be two Dragons in space – simultaneously – for extended periods of time. Truly, we are returning the United States’ capability for full launch services and we are very, very honored to be a part of that.”
Benji Reed, SpaceX – November 10th, 2020
After mirroring Reed’s seven-flight estimate for the next year or so, Shotwell later added that she had been hedging by adding a fully private Crew Dragon mission recently announced by Axiom Space and scheduled to launch no earlier than (NET) late 2021. She also hinted at the possibility of “some other fun missions which I’ll chat about later.” All told, SpaceX appears to be gearing up for an incredibly busy year and a half of three NASA Crew Dragon missions, four uncrewed Cargo Dragon launches, and even one private astronaut launch.
Indeed, official NASA planning documents confirm plans for eight Crew and Cargo Dragon launches – including Crew-1 – between November 2020 and March 2022. In other words, even excluding the possibility of Axiom’s first private Dragon launch in November or December 2021, SpaceX is already tracking towards an average of one Dragon launch every two months (or less) for the next 16 months.
To complete that extremely ambitious manifest, SpaceX and NASA will have to lean more heavily than ever before on Falcon 9 and Dragon reusability, putting to the test whether upgraded Dragon 2 capsules are dramatically more reusable than their Dragon 1 predecessors. For reference, SpaceX’s Dragon 1 capsule turnaround record was just shy of 15 months between orbital launches. To complete five CRS2 cargo launches and three or four Crew Dragon launches in 16 months, SpaceX will have to break its orbital spacecraft turnaround record at least twice, if not three or four times.
SpaceX’s next NASA astronaut launch (Crew-2) is already scheduled to crush that Dragon reuse record by as many as five months (~33%) when it launches in March 2021 – marking Demo-2 capsule C206’s second orbital mission. Meanwhile, Cargo Dragon 2’s CRS-21 launch debut is expected to fly on Falcon 9 booster B1058, making it NASA’s first orbital launch on a twice-flown and thrice-flown booster.
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
