News
SpaceX aims for 3 rocket launches in a single week, 6 launches in 1 month
Tailing an intense February that saw SpaceX successfully complete inaugural launches of both Falcon Heavy and two Starlink prototype satellites, the next three weeks of March are likely to be relatively quiet. However, by all appearances, SpaceX is preparing for a frenetic end-of-month that could include three Falcon 9 launches from three separate SpaceX launch pads, all in a single week, and as many as six launches total between March 29 and April 30.
If successful, this series of missions would smash all of SpaceX’s past launch cadence records – six launches in little more than a single month, two reused flights in four days, three launches in one week, and two East coast launches in three days, not to mention the debut of Falcon 9 Block 5. To put this level of activity in perspective, SpaceX could complete the equivalent of four months or 33% of all of their 2017 launches in a single month. SpaceX’s aggressive goal of 30 launches in 2018 still means that the company could complete a full 1/5th of their scheduled manifest in less than five weeks, a cadence that – if maintained for a full year – would equate to 60-70 launches in 12 months.
50 launches of Falcon 9 in seven and a half years. Graphic produced by Reddit user ethan829. (Reddit /u/ethan829)
Three launches, three pads, seven days
Beginning on March 29, SpaceX’s next series of launches will kick off with the flight-proven Iridium-5 mission tasked with placing 10 Iridium NEXT communications satellites into LEO from Vandenberg Air Force Base. Three days later (April 2), a flight-proven Cargo Dragon and Falcon 9 booster are scheduled to lift off from LC-40 on the East coast, likely followed by the first stage’s second landing at LZ-1. Finally, SpaceX will return Pad 39A to its first single-stick Falcon 9 launches since February’s inaugural Falcon Heavy flight with Bangabandhu-1, the Bangladesh government’s first-ever geostationary satellite. Bangabandhu-1 will also mark the inaugural launch of SpaceX’ potentially game-changing Falcon 9 upgrade, and that invaluable pathfinder booster will almost certainly find its way to a soft landing aboard the Atlantic drone ship Of Course I Still Love You (OCISLY).
Following those three launches and around ten days of quiet, SpaceX will launch NASA’s TESS, a scientific probe tasked with searching for planets beyond our solar system, from Florida’s LC-40, April 16. After another ten-day “break,” the company will jump back to the West coast to place another five Iridium NEXT satellites (and two NASA science payloads) into orbit on April 28. On April 30, just two days later, SES-12 is scheduled for an East coast launch to geostationary transfer orbit aboard a reused Falcon 9.
-
- SpaceX intends to launch three Falcon 9s from all three of its pads in just seven days. Pictured here their VAFB pad in California. (Pauline Acalin)
-
- A reused Falcon 9 clears the lightning towers of Florida’s Launch Complex-40 (LC-40). (Tom Cross)
-
- Falcon Heavy explodes off of Pad 39A in a spectacle of fire, Roadster in tow. (Tom Cross)
A new era of rapid reusability rears its head
Put simply, this is an extreme pace for orbital launches, and would be an absolutely staggering achievement for SpaceX even if Hispasat’s week-long delay extends that month-long period to six or so weeks for a half-dozen launches. While almost certainly a coincidence, this rapid succession of launches happens to coincide with the inaugural April 5th launch of SpaceX’s next-generation Falcon 9, an upgrade meant to enable cheap and rapid reuse of the rocket’s first stage. With Block 5, it is entirely conceivable that a Falcon 9 booster could land at LZ-1, be transported back to the launch pad after a brief once-over, and conduct another launch in a matter of days, at a meaningful cost of little more than the second stage and payload fairing (for the time being, at least). Of course, those minimal costs will at first help SpaceX recoup its considerable investments in reusability, but they can be expected to trickle down to the customer within a year or two (~30-60 launches) of Block 5’s introduction.
-
- SpaceX Block 5 Falcon9 at McGregor, Texas [Credit: Chris G – NSF via Twitter, Reprinted with permission from NASASpaceflight.com]
-
- A matte-silver Block 5 Merlin 1D rocket engine seen preparing to leave SpaceX’s Hawthorne factory for testing in Texas. (SpaceX)
Ultimately, Falcon 9 Block 5 will give SpaceX an unprecedented amount of capital flexibility. Once the upgrade has phased out older Falcons, the company will have a huge amount of freedom to constantly strike a balance between competitive pricing and profit margins. In other words, no launch provider on Earth will be able to lowball SpaceX on cost without SpaceX’s conscious acquiescence, and every single recoverable launch of a Block 5 will equate to profit margins previously inconceivable for the company. However, rather than lining the pockets of military-industrial complex profiteers, those profits will help SpaceX both pay off R&D debts and intensively invest in more thrilling hardware developments, including Crew Dragon, Starlink, Raptor, BFR/BFS, and beyond. SpaceX does not intend to become rich and lazy in their success — they mean to develop technology that will provide affordable internet on a global scale, return humanity to the moon, and one day establish a permanent and self-sustaining city on Mars.
Follow us for live updates, behind-the-scenes sneak peeks, and a sea of beautiful photos from both our East and West coast photographers.
Teslarati – Instagram – Twitter
Tom Cross – Twitter
Pauline Acalin – Twitter
Eric Ralph – Twitter
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
