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SpaceX aces three Falcon 9 launches in 34 hours
SpaceX has successfully launched three Falcon 9 rockets less than 34 hours apart, leaving the company only one mission shy of CEO Elon Musk’s ambitious target of 60 launches in 2022.
The period was almost even more intense, with two launches briefly scheduled minutes apart and all three set to launch in the space of 10-11 hours. But the more conservative sequencing SpaceX ultimately settled on still produced impressive results and allowed the company to break its own world record for the fastest time to complete three launches of the same rocket. In June 2022, SpaceX managed three similar launches – a Starlink mission, a scientific Earth observation satellite, and a commercial communications satellite – in 36 hours and 18 minutes.
Six months later, SpaceX has shaved more than two hours off of its own feat with the successful launches of another Earth observation satellite, a pair of commercial communications satellites, and 54 Starlink satellites in 33 hours and 46 minutes.
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
SpaceX’s latest hat trick began on December 16th with a Falcon 9 launch of the joint US-French Surface Water and Ocean Topography (SWOT) mission out of Vandenberg Space Force Base (VSFB), California. Delayed from December 12th and 15th, the launch was nonetheless a perfect success, placing the 2.2-ton (~4850 lb) radar satellite into a low Earth orbit that will allow it to precisely analyze virtually every inch of exposed water on Earth. That unprecedented capability should make it easier for scientists to study and understand Earth’s water cycle, as well as humanity’s substantial impact on those processes.
A little over 11 hours later, a second Falcon 9 rocket lifted off from SpaceX’s Cape Canaveral Space Force Station LC-40 pad carrying the first two Boeing-built O3b mPOWER satellites for satcom provider SES. Once again, SpaceX’s workhorse rocket did its job perfectly, even managing to exceed its contracted parameters according to SES CEO Steve Collar. Falcon 9’s better-than-expected performance will reduce the amount of time and propellant each 1.7-ton (~3750 lb) mPOWER satellite requires to reach its operational orbit, potentially ensuring a quicker path to revenue generation and longer useful lifespans.
SpaceX is on contract to launch all 11 initial mPOWER satellites. The next nine satellites will head to orbit sometime in 2023 and 2024 as Boeing completes them.
Finally, less than a day later after O3b mPOWER 1&2, a third Falcon 9 rocket lifted off from SpaceX’s NASA Kennedy Space Center LC-39A pad (just a few miles north of LC-40) with what could be the last full batch of “Group 4” Starlink V1.5 satellites. SpaceX’s first-generation Starlink constellation is comprised of five groups of satellites operating in distinct orbital ‘shells,’ and the company’s December 18th launch of Starlink 4-37 will leave SpaceX just 14 satellites away from fully finishing the second of two shells of 1584 satellites. All told, Starlink 4-37 was SpaceX’s 65th operational Starlink launch since November 2019 and the company likely has just ~20 launches to go to complete its first satellite constellation – already the largest in history by an order of magnitude.
All three launches were completed in less than a day and a half. Further emphasizing the breadth of SpaceX’s expertise, each Falcon 9 booster successfully landed after supporting their respective orbital launch, ensuring that those boosters will all be able to support more launches in the near future. In fact, Starlink 4-37 was the 15th mission for its Falcon 9 booster, B1058, breaking SpaceX’s internal reuse record and pushing the technology’s envelope. It remains to be seen if the company will push beyond 15 flights. In June 2022 interviews with Aviation Week, SpaceX executives stated that Falcon boosters would be retired after 15 flights – a big change from past indications that there was nothing preventing each booster from launching 100+ times with regular maintenance.
Starlink 4-37 was also SpaceX’s 59th successful orbital launch of 2022. In March, CEO Elon Musk raised an earlier annual target of 52 launches to 60 launches. At the time, 60 launches in one year was almost inconceivable. Set in 1980, the all-time record for a family of rockets (the Russian R-7) is 61 successful launches in one calendar year.
But against all odds, SpaceX has relentlessly executed week after week and sustained an average of one launch every six days for more than 12 months. Multiple sources currently indicate that SpaceX has two more Falcon 9 launches scheduled this year: another Starlink mission as early as December 28th and a mission carrying the Israeli EROS-C3 Earth imaging satellite on December 29th. SpaceX’s Falcon rocket family thus has a chance to tie the all-time record of 61 R-7 family launches, which was backed by the entire Soviet Union at the peak of its national launch cadence.
Elon Musk
SpaceX (SPCX) IPO is live today at $135: Here’s exactly what you need to know
SpaceX priced its historic IPO at $135 per share today, raising a record $75 billion.
SpaceX officially priced its initial public offering at $135 per share, offering 555,555,555 shares of Class A common stock and raising $75 billion in what is the largest IPO in stock market history. Shares are set to begin trading on the Nasdaq Global Select Market on Friday, June 12, under the ticker symbol SPCX. The previous record holder was Saudi Aramco’s 2019 offering at $29 billion, followed by Alibaba’s $22 billion offering in 2014.
At $135 per share and roughly 555.6 million shares, the implied valuation sits near $1.75 trillion, which would make SpaceX roughly the seventh largest company in the United States, just above Tesla’s current market cap. Regular investors can request shares at the IPO price through Robinhood, Fidelity, Charles Schwab, SoFi, and E*TRADE, though the deal is heavily oversubscribed and most retail allocations will be partial or unfilled. Once trading opens June 12, anyone with a brokerage account can buy SPCX on the open market.
SpaceX’s amended S-1 is sparking a major Tesla merger conversation
The valuation is anchored primarily by Starlink. Starlink crossed 10 million subscribers as of February 2026 and is adding 750,000 to 1.5 million new users per month, with the connectivity segment already posting a $1.19 billion profit last quarter. The offering also bundles in xAI following SpaceX’s all-stock merger earlier this year, adding Grok and the Colossus supercomputer to the investment thesis. As Teslarati reported, Starlink ended 2025 with $10 billion in revenue, a figure analysts project could reach $24 billion by end of 2026.
Wedbush analyst Dan Ives has been vocal in his support. “I think the time is right,” Ives said, adding that the offering expands the Elon Musk ecosystem rather than competing with Tesla. An average 12-month price target of $165 per share represents roughly 22% upside from the IPO price. Not everyone agrees – Motley Fool noted xAI is spending $1 billion per month playing catch-up to OpenAI and Anthropic.
Musk founded SpaceX in 2002 with a single stated purpose. “Elon founded SpaceX with a goal to change humanity, to make us a multi-planet species,” CFO Bret Johnsen said in the company’s retail roadshow video this week. Musk himself has been more direct: “We are building the systems and technologies necessary to provide global connectivity on Earth and beyond, to understand the true nature of the universe, and to extend the light of consciousness to the stars.”
Investor's Corner
Tesla unfolded its first European “folding Supercharger”
Tesla’s folding Supercharger just arrived in Europe and it changes how fast charging expands.
Tesla’s Folding Unit Supercharger has officially landed in Europe, with the company teasing a new installation in its effort for a broader rollout targeting major motorway rest stops across the European continent in Q3 2026. The arrival marks a notable shift in how Tesla is thinking about network expansion, moving from hardware performance alone to engineering the logistics chain itself.
While Tesla did not reveal the exact location for the new folding Supercharger in Europe, the photo shared on X heavily suggests that this maybe somewhere in Norway. Historically, whenever Tesla rolls out an entirely new infrastructure architecture in Europe, whether it was the original Supercharger stalls years ago or these brand-new modular V4 “Folding Units”, Norway is almost always the designated launch pad because of its unmatched EV adoption rate and supportive infrastructure
The Folding Unit, introduced in March 2026, is a factory pre-assembled V4 charging station built on an industrial hinge system mounted to a heavy-duty concrete base. The entire assembly arrives on site ready to unfold and connect. Tesla confirmed the units feature telescopic light poles specifically designed for easy transportation and fast on-site deployment, a detail that signals how carefully the logistics chain has been engineered alongside the hardware itself. The design allows 33% more stalls per delivery truck, cuts installation time roughly in half, and reduces overall deployment costs by more than 20% compared to traditional installations.
Tesla’s newest “Folding V4 Superchargers” are key to its most aggressive expansion yet
Tesla also noted telescopic light poles which provide benefits over traditional Supercharger installations that require fixed-height poles that are awkward to ship, slow to position on site, and often require separate crews and equipment to erect before charging hardware can even be staged. By engineering poles that compress for transit and extend on arrival, Tesla has removed one of the quieter bottlenecks in the physical deployment process. Every hour saved on a light pole installation is an hour redirected toward getting stalls energized. At scale, across dozens of new sites per quarter, those hours add up to a meaningful acceleration in how quickly a location goes from approved permit to serving its first customer.
Each Folding Unit pairs a single V4 power cabinet with eight charging posts. The V4 cabinet delivers up to 500 kW per stall for passenger vehicles and up to 1.2 MW for the Tesla Semi, supporting twice the stalls per cabinet at three times the power density of its predecessor. Longer cables make every new station immediately usable by non-Tesla vehicles, a priority as Tesla continues opening its network to Ford, GM, Rivian, Hyundai, Stellantis, and others.
As Teslarati reported when the Folding Unit was first unveiled, Tesla’s Gigafactory New York produced its final V3 Supercharger cabinet in March 2026 after more than seven years and 15,000 units, completing a full pivot to V4 production. The European arrival of the folding design is the next chapter in that transition.
Faster and cheaper deployment means Tesla can justify building in markets and corridors that were previously too expensive to serve, filling the coverage gaps that have slowed EV adoption outside major urban centers.
First Folding Unit Superchargers in Europe 🇪🇺 https://t.co/KNfYWJukkL pic.twitter.com/YR1udIpH1i
— Tesla Charging (@TeslaCharging) June 10, 2026
Tesla has stunned by gaining yet another approval for its Full Self-Driving suite in Europe, its second in two days and its fifth overall.
Belgium will be the latest country to allow Tesla owners to utilize FSD on public roads in Europe, joining a quickly growing list that started with the Netherlands, Lithuania, and Estonia.
On Tuesday, Denmark announced its approval of the FSD suite, which has now been followed by Belgium just one day later.
The country’s Minister of Mobility, Annick De Ridder, announced the approval on her X account, stating that she had just signed the approval of Tesla FSD. It now goes to the country’s homologation department for the last step of the approval process.
De @Tesla community houdt hier al geruime tijd de vinger aan de pols over de toelating voor de FSD-technologie op onze Vlaamse en Belgische wegen.
Uit waardering voor jullie niet-aflatende interesse (en aanmoediging 😉), krijgen jullie hierbij de primeur: ik heb net de toelating… pic.twitter.com/Yrps4OHTj8— Annick De Ridder (@AnnickDeRidder) June 10, 2026
The Belgian approval is one of mighty importance because it truly shows how quickly countries in Europe could greenlight the FSD suite consecutively. Approvals are already coming in relatively quickly, which is a great sign.
Perhaps the next big development that could come from FSD approvals in Europe is an approval from a country like England, Italy, France, Spain, or Germany. It would be something to see how FSD would perform in a major European metro, such as London, Barcelona, Madrid, Paris, Rome, or Berlin.
Getting Full Self-Driving in Spain and England will be such huge milestones for Tesla. I am so excited to see how FSD performs in Madrid, Barcelona, and London, specifically.
The ultimate test will always be Mumbai or New Delhi. Excited for India’s eventual approval! https://t.co/paw9Ch1qmL pic.twitter.com/9RdDERVSSJ
— TESLARATI (@Teslarati) June 9, 2026
Full Self-Driving does an excellent job of roaming around major U.S. cities like New York and Los Angeles, but other high-profile international cities of significance would truly mark a line in the sand for Tesla, which can simply enable any vehicle in its customer-owned fleet to run FSD with the correct approvals.
SpaceX (SPCX) IPO is live today at $135: Here’s exactly what you need to know
Tesla unfolded its first European “folding Supercharger”
