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SpaceX raises more than half a billion dollars for Starship, Starlink programs

SpaceX has secured another ~$570 million to continue developing its ambitious Starlink and Starship programs. (SpaceX)

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In the last three months, SpaceX has managed to raise more than half a billion dollars from private investors, money that will likely go directly into the company’s ambitious Starship and Starlink programs.

Despite a huge amount of public focus now placed on SpaceX’s successfully-realized human spaceflight ambitions, said by NASA to have been viewed live by no less than 10 million people around the world, the company is still committed to two extraordinarily ambitious development programs. Known as Starlink and Starship, both are integral to SpaceX’s founding goal of enabling the sustainable expansion of humanity into space.

Starship aims to be the world’s first fully-reusable orbital-class launch vehicle, nominally enabling SpaceX to place 150 metric tons (330,000 lb) in orbit with a single, low-cost launch. With orbital refueling from other Starship tankers, SpaceX could potentially send dozens of people to Mars at a cost that could put a ticket in reach of hundreds of millions of – if not more than a billion – people around the world. Starlink is no less ambitious and aims to blanket every inch of the Earth with high-quality, low-cost broadband internet via a fleet of more than 40,000 satellites. Both share three main similarities: they offer immense technical challenges, require extremely capital-intensive development programs, and may – if successful – enable the sustainable settlement of Mars.

With a whole lot of luck, this image could one day be realized with the help of Starship and Starlink. (SpaceX)

First reported by CNBC after SpaceX amended an SEC filing on May 26th, the news unsurprisingly fell through the cracks less than 24 hours before the company attempted its inaugural NASA astronaut launch. Initially said to have raised $567 million out of a target of $500 million, CNBC later revised their report on SpaceX’s latest round of funding, instead stating that the company had raised $346 million with a $349.9 million funding round.

As it turns out, the initial report was technically correct aside from its assertion that SpaceX was pursuing a $500M raise. Between two separate funding rounds seeking $250 million and $349.9 million, both opened on February 28th, 2020, SpaceX was able to raise $567 million of the $599.9 million it was hoping for from 27 investors. Based on SEC filings, SpaceX has now raised more than $1.6 billion since the start of 2019, nearly all of which has likely gone towards its expensive Starship and Starlink programs.

An Earth-based view of SpaceX’s Starlink satellites in orbit. (Richard Angle)
Despite a recent setback, SpaceX’s Starship program has made extraordinary progress in the last six months. (NASASpaceflight – bocachicagal)

Incredibly, in just the last five months, SpaceX has managed to launch 360 Starlink satellites, while the next launch – scheduled no earlier than (NET) June 3rd – should give the company an orbital fleet around 475 satellites strong. Admittedly, 475 satellites represent barely more than 1% of the fleet SpaceX will need to realize its full Starlink ambitions, but it’s already the largest operational satellite constellation by more than a factor of two. By Starlink-14, potentially launching as early as August 2020, SpaceX can begin generating revenue by serving customers internet, revenue that – once profitable – could partially or fully fund Starship and Mars settlement development.

Two Starship prototypes – SN5 and SN6 – near completion at SpaceX’s South Texas factory. (NASASpaceflight – bocachicagal)

In the same period of time, SpaceX has dramatically expanded its South Texas Starship production facilities, built and tested several test tanks past the pressures needed for orbital flight, built and tested three full-scale Starship prototypes, and performed five successful Raptor engine static fires with one of those vehicles.

In short, the company has made extraordinary progress. Thanks to the unprecedented efficiency of Starship and Starlink production and the low cost and reusability of Falcon 9, SpaceX has also done so on a shoestring budget that would make its competitors and national space agencies recoil in disbelief. With another half a billion dollars in the bank and the continued support of Japanese billionaire Yusaku Maezawa, SpaceX has likely secured at least another 12-18 months of full-steam-ahead Starship and Starlink development.

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Eric Ralph is Teslarati's senior spaceflight reporter and has been covering the industry in some capacity for almost half a decade, largely spurred in 2016 by a trip to Mexico to watch Elon Musk reveal SpaceX's plans for Mars in person. Aside from spreading interest and excitement about spaceflight far and wide, his primary goal is to cover humanity's ongoing efforts to expand beyond Earth to the Moon, Mars, and elsewhere.

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Tesla Full Self-Driving gets hit with some adjustments in Europe

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Tesla Full Self-Driving, which is now referred to in Europe as “Tesla Assisted Driving” (TAD), is getting hit with a handful of new changes at the hands of the Netherlands’ vehicle authority, the RDW (Rijksdienst voor het Wegverkeer).

On 3 November, the RDW announced that it has assessed and approved a set of changes to Tesla’s FSD Supervised driver-assistance system. The updates introduce the official European name TAD and impose stricter controls on the system’s speed behaviour.

The new name will appear on the in-car display, in the owner’s manual, and in all other driver-facing information. The change applies to Tesla models equipped with Tesla Assisted Driving and hardware version 4.0 (HW4) or later.

Tesla Assisted Driving expands to tenth EU country

Importantly, the RDW stressed that the name change does not alter the system’s fundamental operation: it remains a supervised driver-assistance feature that supports the driver in performing driving tasks. The driver stays fully responsible for controlling the vehicle at all times.

Beyond the rebranding, the most significant functional adjustments concern speed settings. Drivers will still be able to set a speed margin, a percentage by which the system may exceed the applicable speed limit when necessary for safety or traffic flow. However, the maximum allowable margin has been reduced from +50% to a maximum of +10%.

In addition, every time the vehicle is started, the speed-margin setting will default to 0% deviation, and other speed-related functions will be disabled by default. These changes will be delivered through an over-the-air (OTA) software update from Tesla.

Tesla requested the RDW’s review of these “minor changes.” After evaluating how the modifications were implemented and how the system behaves, the authority found no adverse or unintended effects on the system’s operation or the vehicle’s driving behaviour. Consequently, the existing type approval remains valid under the same conditions and for the same use; no amendment or extension of the approval is required.

The RDW has informed the nine EU member states that have already accepted its type approval—Belgium, Denmark, Estonia, Croatia, Latvia, Lithuania, Slovenia, Slovakia and Czechia—about the updates. Broader EU-wide approval is still under discussion within the European Technical Committee on Motor Vehicles (TCMV). Those proceedings remain confidential, and the RDW has declined to comment on them.

The approved changes align with earlier discussions involving German authorities, which had advocated both for clearer naming to avoid misleading drivers and for a tighter speed offset.

By formally incorporating these adjustments while leaving the core type approval intact, the RDW has cleared the way for Tesla to roll out the updated TAD software via OTA to eligible vehicles in the Netherlands and the other countries that recognise the Dutch approval. The system continues to function strictly as supervised driver assistance, with the human driver remaining the responsible party.

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Tesla shows off Roadster ‘kickflip’ over vehicle lineup in crazy new POV video

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Tesla’s new Roadster, upside down and trailing cold gas thruster smoke, flips over a lineup of Tesla vehicles at the Roadster unveiling near Waco, Texas on October 15, 2026. (Image: Tesla)
Tesla’s new Roadster, upside down and trailing cold gas thruster smoke, flips over a lineup of Tesla vehicles at the Roadster unveiling near Waco, Texas on October 15, 2026. (Image: Tesla)

Tesla has released a fresh point-of-view video capturing the next-generation Roadster’s headline stunt from its October 15 unveiling, giving fans a visceral look at the car as it jumps and rotates over its siblings within the company’s vehicle lineup.

Tesla posted the video on X today with the caption “POV you’re a flying car,” and the roughly 30-second clip reveals never-before-seen angles directly attached to the Roadster. It’s really unbelievable:

The sequence reveals the uncrewed prototype firing its cold-gas thrusters, lifting off the ground, and barrel-rolling fully inverted while sailing over a staged lineup that includes a Model 3, Model Y, Cybercab, Cybertruck, and Tesla Semi.

Here’s an image of it that Tesla shared right after the unveiling event for a better perspective of what you’re looking at:

Credit: Tesla

There are also some other cool takeaways from the video, including the shift to the inverted-ramp demonstration. The Roadster uses its underbody suction-fan system to climb, then lock itself upside down on the ramp.

This generates multiple Gs of downforce, which then translates into the Roadster releasing these systems to enable a mid-air roll. The car then settles on its wheels gently as thruster vapor provides a perfect cushion.

All of the runs at SpaceX’s McGregor, Texas, test site, which is where the unveiling took place, were autonomous. Elon Musk stated this was a safety measure.

Tesla shows what Roadster drivers will see on screen before thruster activation

Tesla’s vehicle-engineering chief Lars Moravy dubbed the mid-air roll the “kickflip,” prompting Musk to quip that Tony Hawk would be proud and that the car could clear even more of the fleet. The thrusters, which use high-pressure compressed air and fast electric actuators, provide the precise, short-duration force needed for both the launch and the controlled rotation; the same hardware is intended for production versions of the higher-end Thrust and Rocket trims.

The second-generation Roadster, first teased in 2017, has been delayed repeatedly. Musk has indicated production is targeted for 2028.

While the company has yet to publish full pricing or independent performance verification, the combination of extreme acceleration, ground-effect suction, and limited flight capability has already positioned the car as one of the most theatrical EV reveals in years.

Musk has also said Tesla plans a dedicated Texas test track so future owners can experience the maneuvers themselves, far from public roads. The new POV clip simply lets everyone else feel a fraction of that experience from the car’s own cameras.

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SpaceX’s Starfall just went from secret to storefront

SpaceX now pitches Starfall missions with 1,000 kg payloads, weeks of microgravity, and Starlink connectivity.

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An artist’s illustration of a SpaceX Starfall capsule reentering Earth’s atmosphere. (Image: SpaceX)

SpaceX has put up a dedicated commercial page for Starfall, its disk shaped reentry capsule, laying out for the first time what customers actually get when they book a flight. The page, live at spacex.com/starfall, pitches “affordable, routine access to microgravity” and invites companies to get in touch about flying manufacturing, research or testing payloads.

The specs are short and specific. Each Starfall mission carries up to 1,000 kg of payload, supplies 1 kW of power and connects through an Ethernet interface. Mission length is tailored to the customer, and the payload stays online the entire time through Starlink, which means researchers can pull data from an experiment while it is still in orbit instead of waiting for splashdown.

SpaceX is launching a secret spacecraft that could change how things are made in space

SpaceX is aiming the service at three markets. Biomedical customers are told they can grow stem cell organoids, replacement tissue and layered biomaterials. Pharmaceutical companies are pitched on protein and small molecule drug crystals, which form smaller and more uniform shapes without gravity driven convection. Materials science rounds out the list, with semiconductors and other next generation materials grown in vacuum and microgravity.

The page also makes clear which rocket SpaceX is counting on. “By launching on Starship, Starfall brings a reliable and scalable cadence previously unavailable to the market,” the company wrote, contrasting weeks of continuous microgravity with the seconds offered by drop towers and parabolic flights. No price or first operational flight date is listed.

The commercial push is a sharp turn from how Starfall started. SpaceX said almost nothing about the capsule ahead of its first flight in June, and nearly everything known came from FAA and FCC filings describing a disk about 10.2 feet wide and 2.5 feet tall that can return 2,200 pounds of cargo. By its second flight on the Bandwagon-5 rideshare in October, Starfall was listed by name on the mission page, though SpaceX still did not say what it carried.

Customers appear to be lining up. SpaceX said in its third quarter results that it signed three commercial Starfall missions during the quarter. On the earnings call, President Gwynne Shotwell described the capsule as providing “routine relatively low cost access to microgravity environments for scientific research, including improving our understanding of diseases like cancer and diabetes,” and said the three new missions would fly on Starship.

The branding effort extends past the website. SpaceX added a Starfall T-shirt to its online store on Monday as part of a batch of new merchandise, giving the program a place next to Starship, Starlink and Starshield in the company’s lineup.

The move also puts SpaceX in more direct competition with companies it launches. Varda Space Industries, which has built much of the in-space manufacturing market so far, flew its W-Series 7 capsule on the same Bandwagon-5 mission as Starfall in October. Varda’s capsules are roughly three times smaller than Starfall, and SpaceX controls the ride to orbit for both.

Starfall’s near term cadence depends on Starship. SpaceX is preparing for Flight 15 after completing static fires of Ship 42 and its Super Heavy booster in late October, and is aiming to catch both stages with the launch tower on that flight.

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