Update #2: SpaceX has successfully delivered Starlink 4-4 – batch of 52 new satellites – to low Earth orbit (LEO), completing the first of three back-to-back Falcon 9 launches scheduled less than three days apart.
Starlink 4-4 marks the 98th successful Falcon landing, the first time SpaceX has performed a non-polar Starlink launch from its West Coast pad, and the first time a Falcon 9 booster has completed 11 orbital-class launches and spaceflights. Up next, SpaceX is scheduled to launch Turkey’s Turksat 5B geostationary communications satellite out of its Cape Canaveral, Florida LC-40 pad. Falcon 9 could lift off as early as 10:58 pm EDT, Saturday, December 18th (03:58 UTC 19 Dec) – just 15 hours after Starlink 4-4. Set in September 2021, SpaceX’s current record is two launches in ~44 hours.
Update: SpaceX’s second dedicated West Coast Starlink launch has slipped to no earlier than (NET) 1:24 am PDT (09:24 UTC) on Saturday, December 18th. Headed to an orbit unusual for a Vandenberg Space Force Base launch, Starlink 4-4 could now lift off just 18 hours before a different SpaceX mission – Turksat 5B – lifts off from the opposite side of the country.
Barring delays to Cargo Dragon’s CRS-24 space station resupply mission, which remains scheduled for 5:06 am EDT on December 21st, that means that SpaceX is now on track to launch three Falcon 9 rockets in three days (less than 73 hours).
SpaceX appears to be on track to round out a record-breaking year with three Falcon 9 launches in four days.
With the diverse trio of missions, SpaceX will orbit another batch of laser-linked Starlink satellites, deliver a large communications satellite to geostationary transfer orbit (GTO), send a Dragon to space for sixth time this year, and break at least two company records. The first mission, known as Starlink 2-3, could occur as early as the morning of December 17th, kicking off an incredibly busy period of launches – and not just for SpaceX.
Starlink 2-3
Referring to the fact that the mission will be the third launch for the second distinct group or ‘shell’ of Starlink satellites, Starlink 2-3 will actually be the second dedicated launch to a semi-polar orbit, leapfrogging Starlink 2-2 for unknown reasons after Starlink 2-1’s successful September launch. Originally scheduled to launch in mid-October, SpaceX was forced to stand down just a few days before liftoff for unknown reasons and at least a week or two of delays soon put Starlink 2-3 at risk of clashing with the company’s upcoming NASA DART launch, which unsurprisingly took precedence. SpaceX successfully launched the Double Asteroid Redirection Test (DART) mission on November 24th.
Late on December 13th, tugboat Scorpius likely departed Port of Long Beach with SpaceX drone ship Of Course I Still Love You (OCISLY) in tow – a fairly airtight confirmation that a SpaceX launch is just a handful of days away. Based on safety Notices to Airmen and Mariners (NOTAMs/NOTMARs), Starlink 2-3 is scheduled to launch sometime between 12am and 6am PDT (UTC-8) on Friday, December 17th. If accurate and SpaceX stays on schedule, Falcon 9 could lift off from the company’s Vandenberg SLC-4E launch pad with Starlink 2-3 in tow just 22 days after a different Falcon 9 rocket launched DART – smashing the pad’s current 36-day turnaround record by almost 40%.
Aside from drastically increasing the maximum theoretical launch cadence SpaceX’s West Coast pad is capable of supporting, Starlink 2-3 is also expected – as it was in October – to fly on Falcon 9 booster B1051, potentially making the mission the first time a liquid rocket booster has completed eleven orbital-class launches. B1051 debuted in March 2019, sending an uncrewed Crew Dragon on its way to orbit for the first time. Before SpaceX’s Starlink launch cadence fell off a cliff in the second half of 2021, B1051 completed its tenth launch on May 9th, 2021, averaging one launch every ~80 days over a two-year career. Starlink 2-3 will be B1051’s first launch in 7 months and eleventh launch in 33 months.
Turksat 5B
As early as 11:58 pm EDT (UTC-5) on Saturday, December 18th, another Falcon 9 rocket is scheduled to launch Turkey’s Turksat 5B geostationary communications satellite from SpaceX’s Cape Canaveral LC-40 pad. There’s a good chance that former Falcon Heavy booster B1052 – recently converted into a Falcon 9 after more than two years in storage – will be assigned to the mission, which is set to be SpaceX’s 30th orbital launch in 2021.
CRS-24 and more!
Finally, a different Falcon 9 (possibly B1062 or even a new booster entirely) is scheduled to launch a new Cargo Dragon 2 spacecraft on CRS-24 – potentially the company’s 23rd operational International Space Station (ISS) resupply run since October 2012. It will be Falcon 9’s sixth Dragon launch of 2021 – another record for SpaceX and the spacecraft. If the schedule holds, CRS-24 could lift off as early as 5:06 am EDT (UTC-5) on Tuesday, December 21st and would be SpaceX’s third Falcon 9 launch in roughly 100 hours (a little over four days). CRS-24 is expected to be SpaceX’s 31st and final launch of 2021, beating out the 26-launch record it set just last year.
However, the rest of the world isn’t quite finished. As early as the day after CRS-24, an Ariane 5 rocket is scheduled to launch the almost $10 billion, NASA-built James Webb Space Telescope (JWST). Decades in the making, JWST will be the single most expensive payload and the largest space telescope ever launched and is functionally irreplaceable and hard (but not impossible, if the political will is there) to repair, making it perhaps the most universally nerve-wracking uncrewed launch in the history of spaceflight.
Elon Musk has firmly denied recent media reports suggesting that SpaceX has reduced its target valuation for an upcoming initial public offering.
The denial came directly from the SpaceX and Tesla frontman on his social media platform X, where he responded with a single word, “False,” to a post from ZeroHedge that cited Bloomberg sources.
This swift rebuttal underscores Musk’s ongoing effort to manage speculation surrounding one of the most anticipated market debuts in recent history.
False
— Elon Musk (@elonmusk) May 29, 2026
According to the disputed reports, SpaceX had lowered its IPO valuation goal to at least $1.8 trillion from previous ambitions exceeding $2 trillion.
The claims emerged amid growing anticipation for the company’s confidential S-1 filing, which positions it for a potential public listing as early as June.
Some had pointed to strong revenue growth, particularly from the Starlink satellite internet service, which contributed heavily to the firm’s 2025 figures of $18.7 billion. Yet challenges persist in other areas, including substantial investments and losses tied to ambitious projects like Starship development and artificial intelligence initiatives, which plan to make life multiplanetary eventually.
Musk’s response highlights a pattern in which he actively counters what he views as inaccurate portrayals of his companies’ trajectories.
SpaceX, already valued privately at extraordinary levels, stands as a cornerstone of Musk’s empire alongside Tesla and xAI. The entrepreneur has long emphasized the transformative potential of reusable rockets and global broadband access, factors that fuel investor enthusiasm despite operational hurdles.
By rejecting the valuation downgrade narrative, Musk signals confidence in SpaceX’s fundamentals and its readiness for public markets on terms favorable to its long-term vision. People have been waiting a very long time to invest in SpaceX, and the valuation, as well as the introductory share price, is not going to need adjusting.
They’ll have plenty of suitors.
This episode reflects broader dynamics in the technology sector, where rumors often swirl around high-profile entities. Musk’s direct engagement with media narratives serves to maintain transparency and control the narrative around his ventures.
As SpaceX prepares for greater scrutiny in public markets, the founder’s denial reinforces optimism about its prospects. Supporters argue that the company’s innovative edge positions it for enduring success, far beyond short-term valuation debates. With the denial now public, attention turns to forthcoming regulatory filings that could provide clearer insights into SpaceX’s strategy and financial health.
The coming weeks promise to reveal more about how SpaceX will transition into a publicly traded powerhouse.
Tesla’s dreams of operating a fully autonomous ride-hailing platform just took a massive step toward reality, as two separate events have indicated the company is perhaps closer than ever to achieving self-driving as a product.
On Thursday, Tesla was granted authorization by the State of Texas to operate driverless vehicles in a commercial manner. On May 28, Senate Bill 2807, passed by the 89th Texas Legislature, took effect after being passed back on September 1, 2025.
The bill establishes a statewide regulatory framework requiring authorization from the Texas Department of Motor Vehicles for companies to operate automated vehicles commercially on Texas roads.
This covers driverless, or SAE Level 4+, operations for passenger transport, meaning Robotaxi, or freight.
Tesla and other companies can self-certify their vehicles and tech as long as they:
- Operate in compliance with Texas traffic laws
- Maintain proper registration, title, and insurance
- Use compliant automated driving systems
- Record onboard activity and handle system failures and glitches safely.
The new authorization, which was first reported by James Stephenson on X, allows companies to utilize their own processes to determine if their vehicles are ready to operate without drivers.
🚨BREAKING:
Tesla has been authorized by the State of Texas to operate driverless vehicles commercially under the new law that took effect today, May 28th, 2026. Tesla has officially self-certified the software running on its robotaxis as Level 4. $TSLA pic.twitter.com/KSJdsvlaW5— James Stephenson (@ICannot_Enough) May 28, 2026
It is a rule that expedites the entire approval process, keeping agencies out of a usually long, lengthy, and frustrating task that is essential to technological advancements. It essentially means Tesla can launch commercial Robotaxi operations at this point.
On the very same day, Tesla continued the momentum as CEO Elon Musk shared a video of Cybercab units autonomously driving off the property at Gigafactory Texas. This is a major step in the story of the Cybercab.
Mass production of the Cybercab started at Giga Texas in April, and it is already heading out of the factory on its own.
Cybercab driving itself out of the GigaTexas factory pic.twitter.com/EwAMVVDjYy
— Elon Musk (@elonmusk) May 28, 2026
These two major events mark a drastic step forward in Tesla’s progress toward Cybercab and the permissions it needs to operate a self-driving ride-hailing service. Tesla is now able to operate autonomously under Texas law by self-certifying, and with the potentially imminent rollout of Cybercab, Tesla’s autonomous dreams are starting to take serious shape.
Elon Musk
The Tesla and SpaceX merger everyone is talking about is quietly building
Tesla and SpaceX may be closer to merging than Wall Street or either company is admitting.
Elon Musk has reportedly discussed merging Tesla and SpaceX with people close to him, according to CNBC, which cited sources familiar with the conversation. Tesla employees have long expected such a transaction and the topic is openly discussed internally, according to internal sources. With SpaceX is days away from kicking off its Wall Street roadshow for what could be the largest IPO in market history, this would be the first time the company will have public market currency to execute a stock-for-stock deal with Tesla.
The financial logic for a merger would make sense. A combined SpaceX and Tesla would create a conglomerate spanning rockets, satellites, electric vehicles, AI infrastructure, and energy storage valued at roughly $3.35 trillion to $3.6 trillion based on SpaceX’s IPO target range and Tesla’s current market capitalization. The two companies are already more intertwined than most people realize. SpaceX bought $697 million worth of Tesla Megapack systems for xAI data centers and $131 million worth of Cybertrucks. Tesla invested $2 billion in xAI, which subsequently merged with SpaceX. Past transactions also include Tesla selling solar equipment and parts to SpaceX, and SpaceX helping with Cybertruck materials.
Will Tesla join the fold? Predicting a triple merger with SpaceX and xAI
Musk himself signaled where this was heading in November 2025 when he posted on X, “My companies are, surprisingly in some ways, trending towards convergence.” Tesla and SpaceX announced a joint semiconductor fabrication facility in Austin called Terafab on the Gigafactory Texas campus, covering two advanced chip factories, with one serving Tesla’s AI needs for vehicles and Optimus robots, the other targeting space-based data centers under SpaceX’s infrastructure vision.
Wedbush analyst Dan Ives places the probability of a merger at 80% to 90% with a target completion in the first half of 2027. The mechanics of a deal became possible the moment SpaceX filed its S-1. Legal experts said a merger likely would not spark antitrust issues but would raise concerns among shareholders in each company, with questions around which company would be the parent, how a stock swap would take place, and who determines the appropriate price. Musk holds about 20% of Tesla’s equity but controls 85.1% of SpaceX’s voting power through a super-voting share class, meaning he would largely be negotiating the terms with himself.
Not everyone is convinced the timing is imminent. Traders on Kalshi place only 33% odds that a merger will happen before May 2027. The more immediate concern for Tesla shareholders is whether the SpaceX IPO pulls capital and Musk’s attention away from Tesla before any merger consolidates the upside for both.
What is clear is that the structural groundwork is already being laid. The Terafab announcement, the xAI merger, the shared supply chain, the cross-company balance sheet transactions, and now the IPO all point in the same direction. Whether the merger follows in 2027 or later, the two companies are already operating more like divisions of a single entity than independent competitors.
Elon Musk strikes down reports on SpaceX IPO rumors
Tesla’s Robotaxi dreams just took a massive step toward reality
