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SpaceX preparing giant crane to assemble Starship’s first Florida launch tower
SpaceX has begun staging and assembling parts of a giant crane it will soon need to stack Starship’s first East Coast launch tower and install other major launch pad components.
The presence of the base of that crane at SpaceX’s NASA Kennedy Space Center (KSC) Launch Complex 39A was visually confirmed by NASASpaceflight.com photographers during a weekly aerial tour of the area on June 3rd. Four days later, Teslarati photographer Richard Angle observed more major crane components on their way to Pad 39A, including the crane’s cabin.
More likely than not, the crane SpaceX or its contractor has begun assembling at 39A is a Liebherr LR 11350, the same kind of crane the company used to assemble Starship’s first orbital launch site and tower in South Texas. In fact, given how few LR 11350s there are in existence, it’s entirely possible that it’s the exact same crane. Assembly of that crane began around April 2021 and took a month and a half, at which point it was finally ready to lift an extended boom long enough to assemble a tower almost 500 feet (~150 meters) tall.
Pad 39A’s Starship launch tower is expected to be very similar to Starbase’s, although it will undoubtedly carry over numerous design changes thanks to lessons learned while building and outfitting the first tower. In fact, SpaceX has already assembled five of the nine individual sections that will eventually be stacked to form that tower, and one such change is already obvious. Instead of stacking each tower section as soon as its barebones framework is complete, SpaceX is taking a more methodical approach to its second launch tower. In an apparent attempt to limit the amount of work that needs to be done at Pad 39A itself, each of those segments is being thoroughly outfitted with secondary structures (ladders, doors, walkways, frames, raceways, etc.) before stacking.
SpaceX may even pre-install most of the thousands of feet of plumbing needed to connect a Starship to ground systems located around 90 meters (~300 ft) below it. Once stacked, each section – including all those partial propellant and gas lines – will still need to be joined together, but that process should be far easier than fully installing all the systems the tower needs to do its job. Outfitting Starbase’s launch tower, for example, took SpaceX around half a year and, to some extent, is still ongoing 11 months after the final stack. That likely explains why Starship’s 39A tower section assembly appears to be taking more time. With any luck, partially combining the outfitting and section assembly stages will significantly expedite final assembly, as far less work will need to be done at extreme heights or require a skyscraper-sized crane.
Through Starbase, SpaceX has already demonstrated the ability to stack a Starship launch tower from its unoccupied concrete base to its final height of ~145 meters (~475 ft) in about two months flat. While SpaceX will have to slalom its way around Pad 39A’s busy launch manifest, there’s no reason to believe that Starship’s first Florida launch tower won’t be stacked at least as quickly.
Aside from the arrival of crane parts, SpaceX has also made great progress on the Starship launch site itself. In the last few weeks, the company appears to have completed several significant concrete pours on the tower base. SpaceX has also installed all six of the pedestal-like orbital launch mount’s legs after months of foundation work. Elsewhere at Cape Canaveral, a different team has made excellent progress assembling the massive donut-like platform that will sit on top of those legs. Due to its extreme weight (possibly around 300 metric tons, per Elon Musk’s comments on the Starbase mount), the same LR 11350 crane will also be needed for that major installation milestone.
Plenty of parts are still missing, of course. Four tower sections still need to be assembled. Starship’s first Florida launch tower will need its own set of two ‘chopstick’ arms for lifting and (maybe) catching Starship and Super Heavy, as well as a third swinging quick-disconnect arm to connect Starship to ground systems. Aside from delivering several new tanks, SpaceX has also made no apparent progress on adding a massive methane propellant farm to Pad 39A, and it’s possible that the pad’s oxygen farm will also need to be expanded. Propellant storage has proven to be a major headache for SpaceX at Starbase.
Nonetheless, SpaceX is making great progress on most of the most difficult parts of Starship’s first Florida launch site, and there’s a good chance that just like its launch mount, work on the pad’s tower arms is already underway somewhere offsite. A great deal of work remains to be done but SpaceX is still well on its way to launching Starships out of Kennedy Space Center in the not-too-distant future.
Tesla has finally clarified the situation regarding the viral crash in Texas where a Model 3 slammed into a home.
CEO Elon Musk replied to reports on Monday that stated the crash was due to the company’s Full Self-Driving or Autopilot suite, which seemed unlikely to those who are familiar with it. Video showed the car slamming into a house at an excessive rate of speed, making it highly unlikely the crash was due to the suite’s operation, as it does not travel at those speeds in residential areas.
Musk said:
“This makes no sense. FSD drives slowly through neighborhood streets, and this was a high-speed crash!”
Tesla’s Head of AI, Ashok Elluswamy, added context, revealing that the company’s data shows the driver “manually overrode self-driving by pressing the accelerator all the way to 100%.”
He revealed the speed reached by the car was 73 MPH, and the accelerator was still pressed “even after the crash.”
Yup. In this case, the driver manually overrode self-driving by pressing the accelerator all the way to 100% of the accel pedal in this residential area. They reached a speed of 73 mph during the crash, and had the accelerator pressed even after the crash.
— Ashok Elluswamy (@aelluswamy) June 22, 2026
Authorities are reportedly investigating “whether Tesla’s Autopilot system played a role after a Model 3 left the roadway…slammed through a brick house at high speed and fatally struck Matha Avila as she sat inside,” the New York Post reported.
The National Highway Traffic Safety Administration (NHTSA) is now investigating the crash. Tesla will work with the agency to provide them with whatever information they need in order to clarify the cause of the crash.
Similarly, Tesla had claims of a fatal accident in Harris County, Texas, a few years ago. Early reports indicated that Full Self-Driving was the cause of the crash. After the National Transportation Safety Board (NTSB) worked with Tesla, the agency proved there was “no use of the Autopilot system at any time during this ownership period of the vehicle, including the time frame up to the last transmitted timestamp on April 17, 2021.”
Tesla alleged “driverless” crash in Texas: What is known so far
“Application of the accelerator pedal was found to be as high as 98.8 percent,” the NTSB said in their findings. The highest recorded speed in the five seconds leading up to the impact was 67 miles per hour. The area where the crash occurred is residential, and Texas State laws have default speed limits of 30 MPH in residential streets.
This appears to be a similar situation. However, an investigation will prove what happened for sure.
SpaceX announced today that it commenced its first-ever public bond offering, marking a significant step in the newly public company’s capital markets strategy.
The company announced an offering of senior unsecured notes expected to raise at least $20 billion.
The move comes just a short time after SpaceX completed one of the largest initial public offerings in history. In mid-June, the company priced shares at $135 and raised more than $85 billion, propelling founder Elon Musk’s net worth past the trillion-dollar mark and giving the firm substantial liquidity.
🚨 SpaceX has announced its inaugural offering of senior unsecured notes.
The net proceeds will be used to repay outstanding loans under its bridge loan facility in full.
This inaugural debt offering represents a financing milestone for SpaceX, which previously depended… pic.twitter.com/pcOZuVbTRv
— TESLARATI (@Teslarati) June 22, 2026
According to the company’s SEC filing, the net proceeds from the notes will be used primarily to repay in full the outstanding borrowings under its existing bridge loan facility, cover related fees and expenses, and fund general corporate purposes. The offering is being conducted under Rule 144A, as well as Regulation S, targeting qualified institutional buyers and non-U.S. investors. Notes will be unsecured obligations ranking equally with other unsubordinated debt.
The $20 billion bridge loan was used to refinance approximately $17.5 billion in higher-cost “junk” debt tied to X and xAI. SpaceX had merged with xAI in February 2026 in an all-stock deal. The bridge facility, which matures in September 2027, had represented the bulk of SpaceX’s long-term debt.
SpaceX officially acquires xAI, merging rockets with AI expertise
In connection with the bond launch, SpaceX disclosed it held approximately $100.8 billion in cash and cash equivalents as of June 19. Investor calls began on the announcement date, with pricing and launch expected shortly thereafter. Rating agencies have assigned investment-grade ratings to the proposed bonds, reflecting confidence in SpaceX’s dominant position in commercial launches and the growth trajectory of its Starlink internet offering.
The debt raise also allows SpaceX to optimize its balance sheet by replacing short-term, higher-cost bridge financing with longer-date, lower-cost fixed-income securities. This provides greater financial flexibility to support capital-intensive initiatives, including the development of Starship, the expansion of the Starlink constellation, and the integration of AI capabilities following the xAI combination.
SpaceX shares (NASDAQ: SPCX) fell sharply on the news, dropping over 16 percent overall on the market on Monday. The stock had surged initially after debuting but pulled back amid profit-taking and broader market dynamics.
Overall, the bond offering underscores SpaceX’s transition to a mature public company with access to diverse funding sources. It positions the firm to pursue its long-term vision of multiplanetary expansion and AI infrastructure, while maintaining a disciplined approach to its capital structure in a high-growth but capital-heavy industry.
SpaceX confirmed today that it has officially signed its third massive compute deal, providing compute at its Colossus data center in Southaven, Mississippi.
Reflection AI will gain immediate access to NVIDIA GB300 chips at SpaceX’s Colossus 2 data center. In return, Reflection will pay SpaceX $150 million per month starting on July 1, with total payments reaching approximately $6.3 billion if the contract runs through its duration, which is until 2029. Either party can terminate the agreement with 90 days’ notice after the initial three-month period.
CNBC first reported the deal.
🚨 SpaceXAI has agreed to a new compute deal with Reflection AI.
Reflection gets access to NIVIDIA GB300s, and will pay $150M per month to SpaceXAI for the compute. pic.twitter.com/bNPare8U5u
— TESLARATI (@Teslarati) June 22, 2026
This latest partnership highlights SpaceX’s strategy of commercializing its massive Colossus supercomputing infrastructure, originally developed to power Elon Musk’s Grok AI models. The company has rapidly expanded its customer base in the AI sector following its February 2026 merger with xAI, a transaction that valued the combined entity at $1.25 trillion.
SpaceX has previously signed significant compute deals with other major players.
It granted Anthropic exclusive access to the full capacity of its Colossus 1 data center, which exceeds 300 megawatts and includes over 220,000 NVIDIA GPUs. Details from SpaceX’s IPO filings indicate Anthropic will pay $1.25 billion per month through May 2029, potentially generating around $45 billion over the term of the deal.
Additionally, Google agreed to pay SpaceX $920 million per month for compute capacity from October 2026 through June 2029. This 32-month period will provide Google access to roughly 110,000 NVIDIA GPUs, along with supporting processors and memory. Capacity ramps up through September at a reduced fee, with termination options after the first year.
SpaceXA also established arrangements for computing power with Cursor, an AI coding startup. SpaceX acquired them in a $60 billion all-stock deal.
These arrangements position SpaceX’s collective position as an AI infrastructure powerhouse with high-margin revenue potential. The Google deal alone could generate nearly $29.5 billion over its term, while the Reflection contract adds another $6.3 billion.
Combined with the Anthropic arrangement, SpaceX stands to realize tens of billions in revenue from compute leasing in the coming years, which diversifies beyond SpaceX’s traditional rocket launches and Starlink operation.
The deals underscore growing demand for advanced AI training and inference capacity amid chip shortages and surging model development needs. Reflection, valued at $25 billion and focused on “American open intelligence” with government and national security ties, cited recent restrictions on closed models as validation for open-source approaches.
For SpaceX, the partnerships transform capital-intensive data centers into flexible revenue sources while supporting its broader AI ambitions after the company has gone public.
Tesla finally clarifies fatal Texas crash, confirms driver manually overrode acceleration
SpaceX makes $20 billion move to optimize its balance sheet
