CEO Elon Musk says SpaceX is churning out Starlink satellites faster than it can launch them, the best sign yet that the company is having some amazing success in what is already the most productive satellite factory in history.
Since SpaceX first revealed its radical flat-satellite Starlink design, stacking approach, and deployment mechanism back in May 2019, the company has successfully launched an incredible 300 satellites, ~290 of which are still functioning as intended. At this point, that means that Starlink is likely the largest satellite constellation in history by a factor of two, crushing the second largest’s ~150 satellites. Perhaps even more significant is the mass of SpaceX’s nine-month-old constellation, currently standing at more than 75 metric tons (165,000 lb) of satellites in orbit.
Despite the already awe-inspiring scale of SpaceX’s satellite internet constellation, the company’s Starlink factory is already so successful that the company is now unable to launch the spacecraft as quickly as they’re built. Given that SpaceX has maintained an average of ~1.3 Starlink launches per month since November 2019, many of which suffered significant delays as a result of weather or minor hardware issues, this likely means that SpaceX is building dozens more satellites than it can launch, probably creating its own internal launch manifest backlog as those surplus spacecraft pile up.
Considering the fact that SpaceX has gone from two prototype spacecraft to the proud owner of the largest satellite constellation in history in less than nine months, the fact that the company’s Starlink factory is already outpacing its launch capacity is arguably a good sign. While it’s likely that weather and hardware-related launch delays on the last few Starlink missions have made it harder than expected to stick to plans for an average of two Starlink launches per month, SpaceX isn’t falling that short of its classically lofty ambitions (a bit less than one Starlink launch every two weeks).
SpaceX may now be the first company in history to chronically suffer from its factories building more satellites than it can launch in a given time frame. In those terms, a surplus of flight-ready satellites is actually a highly desirable “problem” to have. Competitor OneWeb, for example, was forced to delay its first 34-satellite launch by two months after its new Florida factory suffered several production delays.
SpaceX, on the other hand, has to build almost twice as many satellites per launch, has effectively launched 35% of OneWeb’s entire constellation (~650 satellites) in the last three months alone, and still has an apparent backlog of satellites ready to head to orbit. As of March 3rd, SpaceX’s fifth launch of 60 upgraded Starlink v1.0 satellites and sixth launch overall (Starlink V1 L5 or Starlink-6) is scheduled to lift off no earlier than March 14th after slipping from February 14th, March 4th, and March 11th. The mission’s most recent delays were caused by an issue discovered in the Falcon 9 second stage assigned to launch Cargo Dragon’s CRS-20 mission, triggering SpaceX to swap it with Starlink V1 L5’s unaffected second stage.
After Starlink V1 L5, SpaceX has more batches of 60 Starlink satellites that – given Musk’s comments – might already be stacked and ready for flight, both of which could potentially fly in March or April. In the midst of its Starlink launch ambitions, SpaceX has scheduled Florida’s first polar launch in half a century on March 30th, followed by a historic US Air Force launch and landing no earlier than (NET) April 27th.
If Cargo Dragon successfully lifts off this Friday, SpaceX will reach an average of ~1.9 weeks per launch, a cadence that – if maintained – would set the company up for at least 27 launches in 2020. With room for improvement after several weather-related days: so far, so good.
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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.
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.
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.
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.
Tesla Cybercab launch is imminent after latest sighting at Giga Texas
Elon Musk says this part of Tesla ‘makes no sense’
