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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.

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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 piggybacks recent Supercharger feature with update that takes it further

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Credit: Tesla

Tesla has introduced an enhanced visualization in its Supercharger navigation system, building directly on the Site Maps feature rolled out a few months ago.

This latest software update adds detailed 3D icons that represent specific vehicle models parked at charging stalls, offering drivers a more precise view of site occupancy and layout.

The Site Maps debuted in Tesla’s 2025 Holiday Update, providing 3D overviews of select Supercharger locations with real-time stall availability.

Tesla supplements Holiday Update by sneaking in new Full Self-Driving version

Drivers could see which spots were open, occupied, or out of service when navigating to supported stations.

Now, the system takes this capability further by rendering accurate representations of Tesla vehicles, including distinctions between models such as the Model 3, Model Y, Model S, Model X, and Cybertruck. These icons appear as lifelike 3D renderings, complete with recognizable shapes and proportions that match the actual cars charging at the site:

This refinement improves the user experience during road trips and daily charging stops. As drivers approach a Supercharger, the navigation display now shows not just generic occupied markers but identifiable vehicle types plugged into each stall.

Blue indicators highlight active charging sessions, while other visual cues denote availability or maintenance status. The feature integrates seamlessly with the existing map interface, allowing quick assessment of the best available spot based on vehicle size and positioning.

Tesla continues to expand the availability of these detailed Site Maps across its global network. Initially piloted at a limited number of locations, the rollout has progressed steadily, with more stations gaining support in recent software versions.

Owners benefit from better planning, as the system helps identify compatible stalls and reduces uncertainty upon arrival. The update reflects Tesla’s ongoing commitment to refining its navigation and charging ecosystem through iterative software improvements.

In addition to model-specific icons, the enhanced maps maintain all prior functionalities, such as integration with nearby amenities and energy usage predictions. This ensures a comprehensive tool for efficient Supercharging.

As Tesla’s fleet grows and the network scales, such features play a key role in optimizing the overall ownership experience. Future updates may extend similar visualizations to additional sites and incorporate even more data points for drivers.

With this piggyback enhancement, Tesla demonstrates how small but thoughtful additions can elevate an already useful tool, making Supercharger visits smoother and more informed for its customers. The company is expected to broaden the feature’s reach in upcoming releases, further solidifying its leadership in EV charging infrastructure.

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Tesla Full Self-Driving v14.3.3 driver monitoring: We tested it

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Credit: TESLARATI

Tesla Full Self-Driving v14.3.3 driver monitoring was reportedly scaled back in recent releases, but a new version that was released in the early hours of June 3 aimed to do a better job of keeping those in control of their cars honest, according to release notes.

The release notes for FSD v14.3.3, via Software Version 2026.14.6.7 added:

“Improved driver monitoring system sensitivity with better eye gaze tracking, eye wear handling, and higher accuracy in variable lighting conditions.”
However, Tesla said this was already enabled in the first rollout of FSD v14.3.3 in late May. We tested it anyway, especially as the Standard Speed Profile seemed less-than-worried about what you were doing during operation.

I decided to try out the Hurry and Mad Max Speed Profiles for this test, and it gave me results that I would have expected. Tesla has evidently ramped up driver monitoring based on the Speed Profile you are using to travel.

The more aggressive the Speed Profile, the more on the hook you will be for taking your attention away from the road. Our testing showed that Mad Max was less likely to allow you to do normal things like change music or adjust navigation without getting an on-screen warning or nag from the driver monitoring system.

Hurry Mode Results

On Hurry, the driver monitoring system on FSD v14.3.3, via Software Version 2026.14.6.7, was more restrictive than Standard but less restrictive than Mad Max. I found that I could scroll through music options for a considerable amount of time, more than 30 seconds:

Standard gave me about 80 seconds of phone scrolling with absolutely no nags or warnings in a previous test. It is worth noting that this was a previous branch of v14.3.3, but Standard is such a goodie-two-shoes on the road that it is my impression it would not change much.

Mad Max Results

I spent the majority of the drive on Mad Max to see how it truly reacted to the driver having their attention elsewhere. While I did do a short phone test, I am aiming to steer away from those and use the center screen. I think it is a valid criticism that the phone test is dangerous and, not to mention, illegal in Pennsylvania. Changing the navigation and music is a more reasonable, more responsible, and safer test.

With Mad Max being the fastest and most aggressive Speed Profile, I anticipated this being the quickest mode to give me an alert that I needed to look at the road. That was the case with music:

As well as adjusting Navigation, when I received two nags:

These nags were more than reasonable, and I think it’s probably good that Tesla is ramping up the driver monitoring. I do believe that it should be relatively strict across all of the Speed Profiles, especially with phone use. When using the center screen, the nag intervals should be based on the speed profile you are utilizing at the time.

These driver monitoring adjustments are a great thing to have while FSD is still under its “Supervised” moniker, but I expect Tesla to continue pushing the limits on what it will allow, especially considering CEO Elon Musk has hinted that phone use is capable with the more recent versions.

You can watch the full drive on YouTube below:

 

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Tesla responds to Robotaxi skeptics with a massive move in Austin

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Credit: @AdanGuajardo/X

Tesla has responded to the skeptics of its Robotaxi program by launching a massive expansion of the unsupervised program in its initial rollout city of Austin.

The company’s geofence, the enabled area of operation for rides, now covers the entire Austin Metropolitan area, an incredible move just days after media headlines attempted to discredit the ride-hailing service.

Those who have access to the Tesla Robotaxi app on their smartphones can now request a ride in any portion of the Austin Metro area. The company confirmed this on the social media platform X:

This is Tesla’s fifth expansion of the geofence, with the others occurring in July, early August, late August, and late October 2025. It has remained at that size since October 26, but Tesla has now more than doubled that size.

It is now covering the entire area, including suburbs like Pflugerville and Manor, as well as I-35 highways, Gigafactory Texas, and the Austin-Bergstrom Airport.

The move comes just days after various media outlets highlighted the small fleet size of Tesla’s Robotaxi fleet in Austin, something that is a reasonable criticism but an understandable move on the company’s part to prioritize safety.

Tesla expands Robotaxi geofence, but not the garage

Tesla has expanded its Robotaxi geofence many times, but its fleet has remained at a relatively conservative size as the company continues to push safety as its most crucial metric.

The latest expansion is a key indicator of Tesla’s comfort level to expand the ride-hailing service. The move shows Tesla is scaling unsupervised autonomy, as it demonstrates that the company’s Full Self-Driving system has reached sufficient reliability for a broader real-world deployment, which is something the company has worked on extensively.

It also shows Tesla is game for a competition with its rivals in the autonomous ride-hailing sector. Tesla has often matched or exceeded competitors like Waymo in coverage area, despite its smaller fleet. This step highlights Tesla’s iterative, data-driven progress toward a high-margin, app-based Robotaxi network.

It’s not the absolute largest area expansion ever, but achieving full unsupervised operations across a major metro is a key moment in the Robotaxi story. It shifts the program from limited pilot/testing toward a more mature commercial service, while gathering the miles needed for faster growth.

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