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SpaceX launches three Falcon 9 rockets in 36 hours
SpaceX has successfully completed three Falcon 9 launches in just over 36 hours, highlighting the company’s continuous push towards ever-higher launch cadences in 2022.
In February, shortly after a NASA oversight panelist revealed that SpaceX was targeting 52 launches in 2022, CEO Elon Musk confirmed that the company’s goal was for “Falcon [to] launch about once a week” throughout the year. In October 2020, continuing a tradition of extremely ambitious SpaceX launch cadence targets, Musk had also tweeted that “a lot of improvements” would need to be made to achieve his goal of 48 launches – an average of four launches per month – in 2021. Ultimately, SpaceX fell well short of that target, but did set a new annual record of 31 launches in one year, breaking its 2020 record of 26 launches by about 20%. However, perhaps even more important than the new record was the fact that SpaceX was able to complete six launches in four weeks at the end of 2021.
That impressive and unexpected achievement would turn out to be an explicit sign of things to come in 2022.
SpaceX’s successful completion of three launches in 36.5 hours is merely an extension of that feat. In the same four-week period at the end of 2021, SpaceX completed three of those six launches in 69 hours. Two months later, SpaceX did it again, launching three Falcon 9 rockets from all three of its Falcon launch pads in 67 hours.
More importantly, SpaceX has also managed to sustain an average cadence of more than one Falcon launch per week throughout the first half of 2022, completing its 26th launch of the year on June 19th with another two launches planned before the end of the month. SpaceX has actually sustained that cadence for even longer. Beginning on November 24th, 2021, SpaceX has now completed 32 Falcon 9 launches in less than seven months.
The company’s latest hat-trick or triple-header began on Friday, June 17th, when Falcon 9 booster B1060 lifted off at 12:09 pm EDT from SpaceX’s NASA Kennedy Space Center LC-39A pad, helped carry another 53 Starlink V1.5 satellites into space, and became the first Falcon booster to launch and land 13 times. Starlink 4-19 was also SpaceX’s 49th dedicated Starlink launch, SpaceX’s 50th consecutively successful Falcon booster landing, and 100th successful Falcon booster reuse.
22 hours later, a second Falcon 9 rocket lifted off from SpaceX’s Vandenberg Space Force Base SLC-4E pad at 7:19 am PDT, Saturday, June 18th carrying the first of three SARah radar satellites for Germany and an unspecified number of rideshare payloads. For the third time this year, booster B1071 successfully boosted back to shore and touched down at SLC-4E’s LZ-4 landing pad shortly after liftoff.
Finally, at 12:27 am EDT on Sunday, June 19th, a third Falcon 9 rocket lifted off from SpaceX’s Cape Canaveral Space Force Station LC-40 pad carrying a single spare Globalstar-2 communications satellite and, apparently, several secret rideshare payloads. Falcon 9’s Globalstar launch occurred just over 14 hours after SARah-1, breaking SpaceX’s record time between two orbital launches.
Globalstar FM15 was also SpaceX’s 26th launch of 2022, averaging one launch every 6.5 days in the first half of the year. June isn’t over, however, and SpaceX still has plans to launch Starlink 4-21 on June 25th and the SES-22 geostationary communications satellite on June 28th. If both launches avoid delays, SpaceX will end the first half of 2022 with 28 successful orbital launches. Perhaps even more significantly, after another two launches in the last days of June, SpaceX will have launched 17 times in a single quarter – equivalent to 68 launches per year if sustained for four quarters. In the history of spaceflight, a single rocket family has never successfully launched more than 61 times in one year.
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, Tennessee.
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
