News
SpaceX to send retired Starship to local Texas airport, says Elon Musk
In a brief Twitter exchange, the Brownsville/South Padre Island International Airport (BRO) appears to have talked SpaceX CEO Elon Musk into turning a retired Starship prototype into a public exhibit.
Operational in some form since 2020, SpaceX’s ‘Starbase’ Starship factory is already a bit of a tourist destination for Brownsville, Texas and the local Rio Grande Valley – particularly for fans of spaceflight and rockets. The substantial factory and a trio of orbital and suborbital launch pads are both located directly beside a public highway, a tiny private housing development, and a public beach – maintaining access to all of which has been a consistent challenge for SpaceX for years.
However, the company has continued to work to coexist with locals while simultaneously generating tourism and bringing unprecedented economic growth and publicity to the relatively quiet region. It’s increasingly unclear if SpaceX will be able to realize its full ambitions for Starbase and South Texas but Elon Musk recently reiterated the company’s commitment to maintaining a strong presence in the region whether or not the US government gives it the permissions it needs for regular Starship launches.

Musk’s drop-of-a-pin willingness to donate an entire Starship prototype to a local organization certainly exemplifies that commitment. While Starbase is already a de facto tourist destination where people can get within a stone’s throw of several prototypes of the largest rockets ever built, the setup for visitors is very impromptu, inconvenient, and right beside an active highway and rocket factory. A dedicated Starship display at a less frenetic site with dedicated parking and no need to tiptoe around a highway would undoubtedly be an improvement.
Situating that public Starship display directly beside the largest local airport would also preclude the need for prospective visitors to drive half an hour out of their way, ensuring that far more people actually get to experience a Starship up close and learn about SpaceX’s presence in the region. Thankfully, increasingly unusual behavior means that SpaceX has no shortage of prototypes to choose from.
Starship SN15 is the first prototype of any kind to fly to a moderate altitude (~10 km), fall back to Earth like a skydiver, flip around at the last second, and survive a soft landing in May 2021. Musk once said that the historic prototype would be reused on a second flight test but the ship never did and has instead sat at Starbase’s ‘Rocket Garden’ ever since. Starship SN16 – almost identical to SN15 – was also supposed to fly but never got to perform a single test before it was retired to the same garden.
Up next, SpaceX mostly finished an entire Super Heavy booster – standing almost 70 meters (230 ft) tall – late last year but sent it (B5) directly to the ‘garden’ without even attempting to finish or test the rocket. Its sister booster, Super Heavy B4, was at one point supposed to support Starship’s first orbital launch attempt but has only completed a fraction of the necessary proof tests after spending almost half a year floating around the orbital launch site. It’s entirely possible that B4 will meet its end beside B5 later this year.

Finally, SpaceX most recently decided to assemble Starship S22 – very similar to Starship S20, the other half of the first orbital test flight pair of B4/S20 – and stacked the ship to its full height on February 14th, 2022. After installing its nosecone and the last two of four flaps, though, SpaceX immediately sent the unfinished Starship to the same graveyard of retired prototypes, strongly implying that it, too, will never be used.

While increasingly confusing from a programmatic standpoint, SpaceX’s ever-growing supply of retired or fully unused Starship and Super Heavy hardware gives the company plenty of options for donating one or even several prototypes. The only real barriers are the need for a concrete foundation to secure the display vehicles and the challenge of transporting vertical, building-sized rockets by road. To get a Starship all the way to the Brownsville International Airport, a number of power lines and traffic lights would likely need to be temporarily removed or rerouted, but that’s a relatively minor inconvenience with enough political will.
News
Tesla Model 3’s cheapest trim just got a major accolade
The Tesla Model 3’s cheapest trim level just got a major accolade, as Edmunds just revealed the Rear-Wheel-Drive trim of the all-electric sedan is the most efficient EV that is currently in production.
The 2026 Tesla Model 3 Rear-Wheel-Drive not only beat its EPA-estimated range by 30 miles, but it also bested its efficiency mark by 13.2 percent. The Model 3 tested by Edmunds traveled 393 miles, beating its EPA rating by 8.3 percent, while it returned 21.7 kWh per 100 miles, or 4.61 mi/kWh.
Beating those two metrics is especially pertinent when it comes to EV ownership and driving down the cost of ownership from ICE counterparts across the board. The real money savings come from driving down the cost of driving per mile, especially when it comes to high-mileage driving.
Edmunds stated in its report and review that the process it uses to test EV efficiency is aimed at giving “the most accurate representation of a car’s real-world range.” The assessment uses a strict route that features 60 percent city and 40 percent highway driving, and an average speed of 40 MPH across the trip.
It also drives each car within 5 MPH of all posted speed limits, and the climate control is set on Auto at 72 degrees to ensure even testing. In other words, Edmunds does not use methods to maximize efficiency, and instead tries to make it reasonable to achieve the same ratings yourself.
In comparison to other EVs, it beat the 2026 Mercedes-Benz CLA 350, which went 385 miles, as well as the 2026 Audi A6 Sportback E-tron Prestige AWD, which traveled 392 miles. Only the Mercedes-Benz CLA 250+ traveled farther, making it an impressive 434 miles on a charge.
However, the Tesla Model 3 RWD’s efficiency is “unmatched” because of its incredibly low energy usage per mile.
🚨 Tesla Model 3 RWD:
-At $36,990, it is $9,000 cheaper than the average transaction price for a new car ($46,023 via KBB)
-Was 13.2% more efficient than its EPA estimate
-Traveled 393 miles on a charge despite its 363-mile EPA range https://t.co/Grov2hXqpa pic.twitter.com/Zl8rnZZLIB
— TESLARATI (@Teslarati) June 8, 2026
The Model 3 Rear-Wheel-Drive might be the best bang-for-your-buck EV if you’re looking to buy new and want access to features like Full Self-Driving, while also being aware of efficiency. This trim of the Model 3 is also priced over $9,000 cheaper than what Kelley Blue Book says the average transactional price for a new car was in May 2026, which sits at $46,023.
If you’re looking for something with more speed, an All-Wheel-Drive drivetrain, or more premium features, the Premium trims of the Model 3 currently come with one year of Free Supercharging.
Investor's Corner
SpaceX IPO set to provide massive $11.6B windfall for teacher pension plan
The Ontario Teachers’ Pension Plan (OTPP) stands to reap one of the most extraordinary returns in pension fund history thanks to a bold 2019 investment in SpaceX.
According to a recent report from The Globe and Mail, the Toronto-based fund invested roughly $300 million CAD (~$220 million USD at the time) in Elon Musk’s space company as its inaugural deal through the Teachers’ Innovation Platform.
At SpaceX’s anticipated $1.75 trillion IPO valuation, set for a mid-June debut on Nasdaq under ticker $SPCX, that stake could now be worth up to $11.6 billion USD. This would represent a roughly 50x return and easily become OTPP’s most successful single investment ever.
The fund manages $279 billion in assets for approximately 346,000 working and retired teachers in Ontario, potentially delivering an average boost of around $33,500 per member if fully realized.
SpaceX has filed its S-1 and plans to price shares at $135 each, aiming to raise a record $75 billion in what would be the largest IPO in history, surpassing Saudi Aramco. The company reported $18.67 billion in revenue for 2025, driven primarily by Starlink satellite internet growth and NASA contracts, though it continues to post significant losses tied to ambitious R&D in Starship and AI initiatives.
Important pieces moving forward include:
- Starlink Expansion: The satellite broadband service is scaling rapidly, targeting global connectivity, especially in underserved rural and remote areas. This segment offers massive recurring revenue potential as numbers climb.
- Starship and Reusability Leadership: SpaceX’s fully reusable Starship aims to slash launch costs dramatically, enabling frequent missions, Mars ambitions, and lucrative government/defense contracts. Success here could unlock exponential growth.
- AI and Diversification: Recent moves, including ties to xAI, position SpaceX in high-growth AI infrastructure, broadening beyond traditional aerospace.
- Validation Scrutiny: While the $1.75 trillion target excites investors, analysts like Morningstar value the company closer to $780 billion, citing high multiples (around 90x trailing revenue) and execution risks. A 180-day lockup period will prevent early investors like OTPP from selling immediately post-IPO.
The irony has not been lost on observers. Ontario’s government previously canceled a Starlink rural internet contract amid political tensions involving Musk, yet the pension fund’s savvy investment, made when SpaceX was valued around $33-36 billion, and Starlink was nascent, delivers outsized gains independent of politics.
For OTPP, this windfall strengthens its already solid 111 percent funding ratio and underscores the value of patient, innovation-focused capital allocation.
For SpaceX, the IPO marks a new chapter: greater transparency, access to public markets for talent retention and growth capital, and heightened pressure to deliver on its multi-planetary vision.
All eyes are fixed on whether SpaceX can justify its lofty valuation through sustained execution. For Ontario teachers, the returns are already stellar, but SpaceX, like other Musk companies in the past, has plenty of things to prove. Perhaps the most ideal person for the job is at the helm, hoping to bring the company to a massive valuation.
News
Tesla skeptics will hate what this new reliability study says
In a notable shift for electric vehicle perceptions, Tesla has emerged as a standout performer in the latest iSeeCars longevity study, which analyzed over 174 million used vehicles.
The data reveals that Tesla models have a 4.6 percent chance of reaching 250,000 miles, matching the industry average of 4.8 percent and tying for sixth place among 32 brands. This positions Tesla ahead of many established names, including Subaru (2.3 percent, roughly half of Tesla’s rate), Nissan (2.4 percent), Mazda, BMW, Mercedes-Benz, and Porsche.
Toyota leads with an impressive 17.8 percent likelihood, followed by Lexus (12.8 percent), Honda, and Acura. Yet Tesla’s result stands out for a relatively young EV brand. Experts attribute this to the inherent simplicity of electric powertrains: fewer moving parts mean no oil changes, timing belts, or complex engine components that typically fail in internal combustion vehicles.
Fewer things to maintain means fewer things to break, and ultimately, fewer things to go wrong.
A Tesla is twice as likely to reach 250,000 miles as a Subaru⁰⁰“No engine, no oil changes, no timing chains, no fuel injectors, and far fewer moving parts overall”⁰⁰https://t.co/k8iJwbzrrp
— Tesla North America (@tesla_na) June 8, 2026
This design advantage helps Teslas defy unfounded skepticism about battery longevity and overall durability, two things that have plagued the company from outsider perspectives without much proof.
The iSeeCars reliability ratings further bolster Tesla’s case. The Tesla Model S earns a strong 7.9/10 reliability score, ranking No. 1 out of 35 most reliable electric cars. It boasts a predicted average lifespan of about 154,419 miles (around 16.9 years) and a 21.9 percent chance of hitting 200,000 miles.
Tesla, as an electric car brand, also scores 7.9/10 overall, securing the top spot among electric vehicle manufacturers in several luxury and segment categories.
Real-world examples reinforce the data. High-mileage Teslas, including Model S vehicles exceeding one million miles, demonstrate that EVs can endure when properly maintained. Owners report minimal mechanical issues beyond typical wear items like tires and brakes, which regenerative braking often extends.
Tesla Model 3 hits quarter million miles with original battery and motor
This performance challenges narratives around EV reliability, especially amid mixed reports from other sources like Consumer Reports or regional inspections. iSeeCars‘ massive dataset emphasizes long-term durability over short-term defect rates, painting Tesla as a leader in sustainable, high-mileage ownership.
For buyers prioritizing longevity and low maintenance, Tesla’s results signal strong value. While no brand is flawless, factors like driving habits, climate, and software updates matter—the numbers suggest Tesla belongs among the elite for those seeking vehicles built to last.
As EV adoption grows, this iSeeCars data underscores Tesla’s engineering edge in creating enduring, future-proof automobiles.