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SpaceX delivers 59 spacecraft to orbit on fifth flawless rideshare launch
Update: After a slight eight-minute delay, SpaceX has successfully launched its fifth dedicated ‘Transporter’ rideshare mission, carrying 59 different spacecraft into a sun-synchronous orbit (SSO).
Following the Falcon 9 upper stage’s initial deployment of 39 different spacecraft, two of the deployed spacecraft will deploy another 20 or so small satellites over the next several weeks. Around an hour and a half after liftoff, SpaceX finally announced that the final Transporter-5 payload deployment was complete, confirming that the mission was a total success.
Falcon 9 booster B1061 performed as expected, acing its second Transporter launch in a row and eighth launch and landing overall since November 2020. Transporter-5 was SpaceX’s fifth launch this month and 22nd launch this year, representing an average of one launch every 6.5 days since the start of 2022. If SpaceX is able to complete four launches in June, it will be exactly half of the way to achieving 52 launches – an average of one launch per week – in a single calendar year.
SpaceX appears to be on track to launch its fifth dedicated Falcon 9 rideshare mission as early as 2:27 pm EDT (18:27 UTC) on Wednesday, May 25th, carrying a wide variety of interesting payloads into Earth orbit.
SpaceX has reportedly assigned Falcon 9 B1061 to the mission and Transporter-5 will be its eight launch and landing attempt since November 2020 and third launch this year. While of no particular consequence, B1061 will also become the first Falcon 9 booster to launch two Transporter missions back to back after supporting Transporter-4 less than two months ago. Falcon 9 is scheduled to lift off from SpaceX’s Cape Canaveral Space Force Station (CCSFS) LC-40 facilities and boost the Transporter-5 payload and upper stage most of the way out of the atmosphere, while the booster will return back to the Florida coast to land on a concrete pad just a few miles to the south.
Like Transporter-4, which launched with just 40 deployable payloads on April 1st, Transporter-5 appears to be another very small rideshare mission relative to SpaceX’s first three Transporter launches, demonstrating the company’s continued commitment to operating the service a bit like public transit. A public bus will still happily carry just a single passenger – efficiency, while important, comes second to dependability. For many of SpaceX’s individual Smallsat Program customers, that may help to alleviate some of the downsides of massive multi-dozen-satellite rideshares, which can often make individual customers feel forgotten and unimportant when they’re forced to swallow delays caused by payloads other than their own.
Based on official information provided by SpaceX on May 24th, Falcon 9 is scheduled to deploy only 39 payloads during Transporter-5. However, the real number of satellites deployed during the mission will likely be a bit higher due to the presence of three or four different vehicles that are designed to host or carry some of those payloads to different orbits. Spaceflight’s ‘Sherpa-AC1’ won’t have significant propulsion but it will carry several hosted payloads (‘hosted’ in the sense that the payload is not a free-flying satellite of its own) after deploying from Falcon 9.
The other two or three are true orbital transfer vehicles (OTVs), meaning that they have some kind of propulsion and are designed to deploy smaller satellites in customized orbits. The ultimate goal of the many startups trying to develop high-performance OTVs is to extract the best of both worlds from large rideshare missions and small rockets, combining ultra-cheap prices and orbits that are heavily optimized for each payload. Transporter-5 may carry Exolaunch’s “Reliant” OTV (unconfirmed) but is definitively scheduled to launch with D-Orbit’s “ION SCV-006” OTV and startup Momentus Space’s first ‘Vigoride’ OTV. Vigoride carries the unique distinction of being propelled by a first-of-its-kind “microwave electrothermal thruster” that turns water into a superheated plasma propellant.
Vigoride’s first true launch will be treated mainly as a test flight but it will also carry up to eight different small satellites. D-Orbit’s ION OTV only has one confirmed satellite on its manifest but will likely launch with at least a few more. All told, the number of satellites deployed as a result of Transporter-5 will likely be closer to 50 – a decent improvement over Transporter-4.
Several of those 50 or so payloads are particularly intriguing. Momentus Space’s first Vigoride OTV, if successful, could pave the way for the most capable commercial space tug currently available, with up to 2000 meters per second of delta V (dV) – a way to measure the stamina of rocket propulsion. NASA has also manifested its small Terabyte InfraRed Delivery (TBIRD) technology demonstrater satellite on Transporter-5 and will attempt to prove that it’s possible to use small, high-power lasers as extremely high-bandwidth downlinks. NASA hopes the tiny satellite will be able to transmit at up to 200 gigabits per second (Gbps), allowing it to downlink terabytes of data during a single pass over an Earth-based ground station.
AISTECH Space will launch an Earth observation satellite prototype outfitted with a first-of-its-kind high-resolution thermal imager. Last but certainly not least, Nanoracks and Maxar are scheduled to launch the first of multiple planned demonstrations and technology maturation missions for in-space manufacturing and construction technologies. The hosted payload is relatively simple by many measures and will only operate for about an hour, but it aims to demonstrate the first structural metal cutting in space.
Parent company Voyager Space ultimately wants to use the expertise it gains from the ‘Outpost Program’ to convert expended rocket upper stages into orbital ‘Outposts’ that will host customer payloads and support the continued development of in-space harvesting, recycling, construction, and more.
As of 5 am EDT (09:00 UTC), SpaceX still hasn’t officially confirmed via Tweet or website update that Transporter-5 is ‘go’ for launch. If it is, an official webcast available here will likely begin around 2:10 pm EDT (18:10 UTC).
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Tesla ‘Killer’ heads to the graveyard as AFEELA taps out
SHM has officially discontinued development of its highly anticipated AFEELA electric vehicles. On March 25, the joint venture between Sony and Honda announced it would halt the AFEELA 1 luxury sedan and a planned SUV model.
There have been many Tesla “Killers” over the years, all of which have either failed to dethrone the automaker from its dominance in the United States, or even make it to the market altogether.
The Sony Honda Mobility (SHM) project, known as AFEELA, is the latest to make it to the grave, as the company announced its intentions to abandon the project earlier this week, Bloomberg reported.
SHM has officially discontinued development of its highly anticipated AFEELA electric vehicles. On March 25, the joint venture between Sony and Honda announced it would halt the AFEELA 1 luxury sedan and a planned SUV model.
🚗 Tesla Killers Graveyard:
Sony-Honda AFEELA
The sleek, AI-packed luxury sedan with PlayStation integration. Officially cancelled in March 2026 after Honda scaled back its EV plans.Fisker Ocean
Stylish SUV with solar roof promises. Company filed for bankruptcy in 2024 amid… https://t.co/Om14UhISOy— TESLARATI (@Teslarati) March 26, 2026
The decision follows Honda’s March 12 reassessment of its electrification strategy, which scrapped several upcoming EV programs amid slowing demand, high costs, and shifting market conditions.
SHM stated that it could no longer rely on key Honda technologies and manufacturing assets, leaving “no viable path forward.” Reservation fees for early buyers in California are being fully refunded, and the joint venture’s future is now under review.
Launched with fanfare in 2022, the AFEELA was positioned as a tech-forward premium EV blending Honda’s engineering reliability with Sony’s entertainment and AI expertise.
Prototypes featured advanced autonomous driving systems, immersive in-cabin displays, and even PlayStation integration, earning it early media labels as a potential “Tesla Killer.”
Priced around $90,000, the sedan was slated for limited production at Honda’s Ohio plant with deliveries targeted for late 2026. Industry watchers saw it as a serious challenger to Tesla’s dominance in software, connectivity, and premium appeal.
Yet, like many ambitious EV projects, it fell victim to broader industry headwinds: softening consumer demand, persistent high interest rates, and intense competition from established players.
The AFEELA joins a long list of vehicles once hyped as “Tesla Killers” that failed to deliver. In the late 2010s, Fisker’s second act, the Ocean SUV, promised stylish design and solid-state battery tech but collapsed into bankruptcy in 2024 after production delays, quality issues, and financial shortfalls.
Faraday Future poured billions into the FF 91 luxury sedan, touting it as a hyper-tech rival with unmatched performance and features; the company delivered fewer than 100 vehicles before fading into obscurity.
Lordstown Motors’ Endurance electric pickup generated massive pre-order buzz and Wall Street excitement but imploded after exaggerated range claims, a factory sale, and eventual bankruptcy.
Even Lucid Motors’ Air sedan, frequently called a Tesla slayer for its superior range and luxury, has struggled with sluggish sales and missed growth targets despite strong reviews.
Rivian’s R1T and R1S trucks enjoyed similar early acclaim and a blockbuster IPO, yet production ramp-up challenges and profitability woes have prevented it from dethroning Tesla.
The AFEELA’s quiet demise underscores a harsh reality in the EV sector. While Tesla’s first-mover advantage in software, charging infrastructure, and brand loyalty remains formidable, legacy automakers and tech newcomers alike continue to underestimate the complexities of scaling affordable, desirable electric vehicles.
As market realities force tough choices, the graveyard of “Tesla Killers” grows longer, another reminder that innovation alone is rarely enough to topple an established leader.
Elon Musk
TIME honors SpaceX’s Gwynne Shotwell: From employee No. 7 to world’s most valuable company
Time Magazine honors Gwynne Shotwell as SpaceX reaches a $1.25 trillion valuation and eyes its IPO.
TIME Magazine has put SpaceX President and COO Gwynne Shotwell on its cover, and the timing could not be more fitting. Published today, the profile of Shotwell arrives at a moment when the company she has quietly run for more than two decades stands at the center of the most consequential developments in aerospace, artificial intelligence, and the future of human civilization.
Shotwell joined SpaceX in 2002 as its seventh employee and has never stopped expanding her role. She oversees day-to-day operations across multiple executive teams spanning Falcon, Starlink, Starship, and now xAI following SpaceX’s February 2026 merger with Elon Musk’s artificial intelligence company, a deal that made SpaceX the world’s most valuable private company at a reported valuation of $1.25 trillion. A highly anticipated IPO is expected in the second quarter of 2026.
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Her track record is historic. She oversaw the first landing of an orbital rocket’s first stage, the first reuse and re-landing of an orbital booster, and the first private crewed launch to Earth orbit in May 2020. She built the Falcon launch manifest from nothing to more than 170 contracted missions representing over $20 billion in business. Under her operational leadership, SpaceX completed 96 successful missions in 2023 alone and has now flown more than 20 crewed Falcon 9 missions. Starlink, which she championed as a financial pillar of the company long before it was a mainstream topic, now connects tens of millions of users worldwide and provided a critical communications lifeline to Ukraine following the 2022 invasion.
Elon Musk has never been shy about what Shotwell means to him and to SpaceX. When she shared her vision for worldwide internet connectivity through Starlink, Musk responded on X with a simple statement, “Gwynne is awesome.” It is a sentiment that has been echoed across the industry. NASA Administrator Bill Nelson once said of Musk: “One of the most important decisions he made, as a matter of fact, is he picked a president named Gwynne Shotwell. She runs SpaceX. She is excellent.”
Gwynne is awesome https://t.co/tiXtMWJmPE
— Elon Musk (@elonmusk) September 28, 2024
Now, with Starship targeting its first crewed lunar landing under the Artemis program by 2028, an xAI integration underway, and a pending IPO that could reshape capital markets, Shotwell’s mandate has never been larger. She told Time that 18 Starships are already in various stages of construction at Starbase. “By 2028,” she said, gesturing across the factory floor, “these should be long gone. They better have flown by then.” If Shotwell’s history at SpaceX is any guide, they will.
Elon Musk
SpaceX’s IPO might arrive sooner than you think
Musk has hinted for years that an eventual public offering was inevitable, though he has stressed the need to maintain operational focus. Insiders have told outlets that the CEO is pushing for a significant retail investor allocation, reportedly more than 20 percent of shares, and tighter lock-up periods to limit early selling pressure.
Elon Musk’s SpaceX is on the verge of one of the most anticipated Initial Public Offerings (IPO) in history.
However, a new report from The Information indicates the rocket and satellite giant is aiming to file its IPO prospectus with U.S. regulators as soon as this week, or early next week at the latest.
People familiar with the plans told The Information that advisers involved in the process expect the IPO could raise more than 75 billion dollars, potentially making it the largest stock market debut ever and eclipsing Saudi Aramco’s 29.4 billion dollar offering in 2019.
The filing would mark the formal start of what has long been rumored: SpaceX’s transition from a closely held private powerhouse to a publicly traded company.
The timing aligns with earlier signals.
In late February, Bloomberg reported that SpaceX was targeting a confidential IPO filing in March and a possible public listing in June, with a valuation north of 1.75 trillion dollars. At the time, the company’s private valuation hovered around 1.25 trillion dollars.
SpaceX considering confidential IPO filing this March: report
Starlink, SpaceX’s satellite internet constellation, has been the primary driver of that surge, now serving millions of customers worldwide and generating steady revenue. Recent Starship test flights and a record pace of Falcon launches have further bolstered investor confidence.
Musk has hinted for years that an eventual public offering was inevitable, though he has stressed the need to maintain operational focus. Insiders have told outlets that the CEO is pushing for a significant retail investor allocation, reportedly more than 20 percent of shares, and tighter lock-up periods to limit early selling pressure.
A June listing would give SpaceX immediate access to public capital markets at a moment when demand for space-related stocks remains high. It would also allow early employees and long-time investors to cash out portions of their stakes while giving everyday shareholders a chance to own a piece of the company behind reusable rockets, global broadband, and NASA contracts.
Of course, nothing is certain until the SEC filing appears. Market conditions, regulatory reviews, and Musk’s own schedule could still shift timelines.
Yet the latest word from The Information suggests the window has opened. If the filing lands this week, SpaceX’s roadshow could begin in earnest within weeks, setting the stage for what many analysts already call the IPO of the decade.
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TIME honors SpaceX’s Gwynne Shotwell: From employee No. 7 to world’s most valuable company
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