SpaceX is in the final stages of preparing a trio of Falcon 9 rockets for a set of launches scheduled less than two days apart.
The potential hat trick will likely be the last opportunity for a salvo of Falcon launches before the end of 2022. As a disclaimer, while unofficial launch dates (derived from regulatory documents or well-sourced public manifests) were consistently close to actual launch dates for most of 2022, that ceased to be the case when SpaceX began experiencing an abrupt uptick in launch delays over the last two months. As a result, Falcon launch dates – even once confirmed by SpaceX – should be assumed to be a bit more uncertain than usual until it’s clear that that trend has died down.
Nonetheless, all available signs indicate that SpaceX and its customers are moving forward with plans for three back-to-back launches before the end of the week.
The update that's rolling out to the fleet makes full use of the front and rear steering travel to minimize turning circle. In this case a reduction of 1.6 feet just over the air— Wes (@wmorrill3) April 16, 2024
Set to kick off the diverse trio is the Surface Water and Ocean Topography (SWOT) spacecraft, a roughly $1.2 billion joint mission between NASA and French space agency CNES. Thanks in part to the COVID pandemic, which has and continues to impact large swaths of NASA and the aerospace industry, NASA’s Jet Propulsion Laboratory completed its portion of SWOT around 9% over budget and eight months behind schedule [PDF] since mission formulation began in 2012. Over a similar time scale, several other NASA missions have experienced cost increases of 10-100%, generally reflecting well on SWOT’s management.
SWOT, a roughly two-ton (~4400 lb) satellite, is designed to conduct the first global survey of all surface water on Earth using two large synthetic aperture radar (SAR) antennas and a conventional radar altimeter. At a cost of roughly $112 million, a SpaceX Falcon 9 rocket is scheduled to launch SWOT to low Earth orbit (LEO) no earlier than (NET) 3:46 am PST (11:46 UTC) on Thursday, December 15th. SpaceX successfully tested SWOT’s Falcon 9 well in advance on December 10th. The rocket was then returned to the company’s hangar at Vandenberg Space Force Base (VSFB) Space Launch Complex 4E for payload installation before rolling back to the pad on December 13th.
The light satellite and low target orbit will allow Falcon 9’s booster to return to the launch site and land at SpaceX’s LZ-4 landing zone, precluding the need for a drone ship recovery.
Up next, another Falcon 9 rocket is scheduled to launch the first two of eleven Boeing-built O3b mPOWER communication satellites for operator SES as early as 4:21 pm EST (21:21 UTC), Friday, December 16th. After lifting off from SpaceX’s Cape Canaveral Space Force Station (CCSFS) LC-40 pad, Falcon 9 is set to launch the roughly 3.4-ton (~7500 lb) pair of satellites to a medium Earth orbit (MEO) with an altitude of 7825 kilometers (4862 mi).
It’s unclear what orbit Falcon 9 will launch the satellites to, but the rocket’s booster will land on drone ship A Shortfall of Gravitas (ASOG) some 700 kilometers (~435 mi) downrange, indicating that it will need as much performance as the rocket can give. ASOG departed Port Canaveral on December 11th, confirming that launch preparations are well underway.
Finally, a third Falcon 9 rocket could launch SpaceX’s first Starlink mission since October 28th as early as 4:54 or 5:13 pm EST (21:54 or 22:13) on December 16th, potentially just 33 or 52 minutes after O3b mPOWER 1&2. If the two missions do launch on December 16th, which a reliable source of unofficial information has indicated is not guaranteed, it will smash the US record for back-to-back launches of the same rocket family. Russia’s R-7 rocket family will retain the international crown, however, having launched twice in 25 minutes in 1969.
Starlink 4-37 will lift off from SpaceX’s NASA Kennedy Space Center LC-39A pad, and its Falcon 9 booster will attempt to launch on drone ship Just Read The Instructions (JRTI). JRTI departed Port Canaveral on December 12th.
Following Starlink 4-37, SpaceX has at least two more launches tentatively scheduled before the end of 2022. NextSpaceflight.com reports that SpaceX could launch its sixth Transporter rideshare mission from Florida on December 27th, and two Israeli EROS-C3 Earth observation satellites out of California on December 29th. However, it’s worth noting that in the almost 17-year history of SpaceX Falcon operations, the company has never launched a rocket after December 23rd or before January 6th. Transporter-6 and EROS-C3 – SpaceX’s 60th and 61st launches of the year – would have to break through that apparent firewall to launch when they are currently scheduled.
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
