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SpaceX on track to launch 20 Falcon 9 rockets in the first half of 2021
The second half of SpaceX’s June 2021 flight schedule has begun to firm up, raising the odds of another four-launch month as the end of the first half of 2021 fast approaches.
In an increasing rarity among a slew of pandemic and shortage-stricken satellites, rockets, and launch flows, SpaceX’s fourth upgraded GPS III satellite launch for the US military has remained on track for more than four months and has had a firm launch date for more than eight weeks. Further, the GPS III SV05 navigation satellite’s launch schedule actually moved up from July 2021 and has been scheduled to launch no earlier than June 17th, 2021 since mid-April. The only noteworthy change made in the subsequent two months was a minor shift in launch time, which was moved from 6-9 pm EDT to a 15-minute window stretching from 12:09 pm to 12:24 pm (16:09-16:24 UTC).
More recently, Spaceflight Now was first to report that Transporter-2 – SpaceX’s second dedicated Smallsat Program mission and fourth June 2021 launch – settled on a launch target sometime during daylight on June 24th. A large portion of rideshare payload integration – assembling a massive ‘stack’ of dozens of satellites and dispensers – has already been completed, improving the odds that Transporter-2 will launch on schedule.
As was SpaceX’s main intent with its Smallsat Program, the company effectively closes the metaphorical doors on a given Transporter mission around a week before launch. From then on, if issues arise with any minor integrated rideshare payload or something delays a planned payload from being integrated in time, the customer is more or less automatically rebooked on SpaceX’s next Transporter mission. That means that delays or pre-launch anomalies that inevitably impact a small fraction of a dedicated rideshare mission’s total payloads don’t end up delaying dozens to 100+ other spacecraft.
Crucially, for the unlucky few customers that find themselves essentially booted off the bus, SpaceX nominally rebooks them at no extra charge on the next Transporter mission. While the program is only just beginning, SpaceX has already scheduled four dedicated Transporter launches between January 2021 and Q1 2022, meaning that payloads unable to launch on their scheduled flight will have to wait approximately six months for the next launch opportunity. While undoubtedly more than a little inconvenient, SpaceX is effectively betting that customers are willing to trade some degree of flexibility for low prices and launch dates firmly scheduled months in advance.
So far, that bet has unequivocally paid off and SpaceX has secured contracts to launch hundreds of rideshare payloads in just a few years.
Meanwhile, SpaceX’s June 17th GPS III SV05 mission will be the first time ever that the US military launches a “national security” payload on a flight-proven commercial rocket. Falcon 9 booster B1062 debuted with the successful launch of GPS III SV04 in November 2020. Seven months later, GPS III SV05 will be its second launch. If successful, it’s likely that the US military will allow SpaceX to use Falcon 9 B1062 a third time to launch GPS III SV06 – tentatively scheduled sometime in Q4 2021 or early 2022.
If both GPS III SV05 and Transporter-2 missions are successful, June 2021 will be SpaceX’s third four-launch month ever, representing an average of 48 launches per year if sustained for 12 months. All four June launches are also for paying customers, bringing welcome revenue to an H1 2021 manifest that’s been almost entirely populated by internal Starlink missions. Perhaps most significantly, a four-launch June will also mark 20 orbital SpaceX launches in the first half of 2021, leaving the company on track to achieve 40 launches this year if it can replicate that success in the second half.
Tesla just gave what is perhaps its biggest signal yet that the launch of the Cybercab, its autonomous ride-hailing-geared car, is imminent.
The Cybercab has been spotted outside of Gigafactory Texas in massive numbers over the past few days, with hundreds of units being stored on property just days after the vehicle received a Certificate of Conformity from the EPA.
Today, things were a bit different.
Cybercabs spotted on Giga Texas property today had an addition: a Cybercab decal on the side, reminiscent of the “Robotaxi” ones that were placed on Model Ys just as the company launched its ride-sharing platform about a year ago.
Giga Texas drone operator Joe Tegtmeyer noticed the change today:
Tesla Cybercabs are now getting “Cybercab” logos on the side of them!
Tesla did the same with Model Ys that were given “Robotaxi” logos: https://t.co/DanANtw1m7 pic.twitter.com/FqOhH0S9Ks
— TESLARATI (@Teslarati) June 19, 2026
Tesla could be signaling that the Cybercab is preparing to enter the Robotaxi fleet in the coming weeks or months with this move. It seems more symbolic than anything; Tesla is ready to throw Cybercabs in the ride-hailing platform just as it did with Model Ys last year.
The addition of the Certificate of Conformity awarded to the Cybercab is another major factor working to Tesla’s advantage. The company now has permission from the EPA to allow the vehicle to operate on public roads and enter the chain of commerce. It’s officially street legal.
Tesla Cybercab specs revealed: range, curb weight, range ratings, and more
The big question that remains is whether Tesla will be able to operate the car without a safety monitor, especially considering it plans to put the car out there without a steering wheel or pedals. With the Cybercab only having a seating capacity of two, it is hard to believe Tesla will even consider putting a Safety Monitor in the car.
It did recently self-certify as Level 4 and has the ability to operate driverless vehicles in the State of Texas under a law that took effect on May 28. You can read more about that here:
Tesla’s Robotaxi dreams just took a massive step toward reality
We’d imagine Cybercabs will be on the roads as soon as July, but August will likely be a better estimate of when the car will be entered into the Cybercab fleet. It all depends at where Tesla is, as they’ve truly prioritized safety with the rollout of the Robotaxi platform.
Elon Musk has publicly questioned Moody’s credit assessments following the rating agency’s decision to assign SpaceX a Baa1 investment-grade rating, two notches above Tesla’s Baa3. The comments came amid discussions comparing the two companies’ financial profiles.
SpaceX earned its first-time Baa1 rating with a stable outlook from Moody’s. The agency highlighted the company’s leadership in orbital launches, the growing recurring revenue from its Starlink satellite network, strong vertical integration, U.S. government contracts, and emerging opportunities in AI infrastructure.
These factors were cited as supporting robust cash flows, margin expansion, and financial flexibility.
Musk responded directly: “Tesla’s credit rating is ridiculously low tbh,” and added, “Yeah, makes no sense. Tesla has over $40B in cash, no debt, and is consistently profitable!” His remarks underscored Tesla’s balance sheet strength and profitability at a time when many traditional automakers continue to report losses in the shift to electric vehicles.
Yeah, makes no sense.
Tesla has over $40B in cash, no debt and is consistently profitable!
— Elon Musk (@elonmusk) June 19, 2026
Tesla maintains a leading position in the global EV market, with diversification into energy and storage, battery technology, and robotics through projects like Optimus. Recent financial updates show the company generated positive free cash flow of $1.4 billion in Q1 2026, supported by operating cash flow of $3.9 billion. Cash and short-term investments stood at approximately $44.7 billion.
Moody’s has affirmed Tesla’s Baa3 issuer rating with a stable outlook in periodic reviews, acknowledging the company’s EV leadership, technology strengths, including AI for autonomous vehicles, solid profitability, and strong liquidity.
Tesla (TSLA) scores Baa3 Moody’s rating for ‘stable’ outlook
However, the agency has also noted challenges in the automotive segment and expectations for margin pressures.
Musk’s critique highlights a common debate about how traditional rating methodologies apply to high-growth, capital-intensive technology companies. SpaceX benefits from long-term government-backed contracts and diversified, recurring revenue streams, while Tesla’s valuation reflects heavy investment in future technologies such as autonomy and robotics.
Both ratings remain investment-grade, yet the one-notch difference has fueled online discussion about potential inconsistencies in evaluating innovative firms.
The exchange comes as SpaceX explores financing options following its recent valuation milestones, while Tesla continues executing on its multi-year roadmap. Musk’s pointed response serves as a reminder that credit ratings, though influential for borrowing costs, represent one lens through which markets assess corporate strength—and that company leaders often view their financial positions through the lens of long-term innovation and cash generation rather than short-term risk metrics alone.
A new report from Reuters claims that a transport authority in Sweden is pushing back against the approval of Tesla’s Full Self-Driving suite because it will travel over speed limits.
The report says the Swedish Transport Administration (TRV) recommends the European Union votes against FSD’s approval. TRV believes it should not be approved until Tesla disables FSD’s ability to speed.
TRV sent a letter to the European Union’s Technical Committee on Motor Vehicles (TCMV), which is set to meet on June 30 to discuss the potential approval of the Tesla FSD suite in the country. Tesla, which has received various approvals in Europe over the past two months, has not provided a comment.
Teslas operating on FSD do travel over the speed limit, depending on the Speed Profile that is chosen. Drivers have the ability to disengage FSD at any point; Tesla specifically states that those supervising the suite are responsible for its actions.
Let’s cut to the chase: humans operating any vehicle speed almost daily in the United States. Realistically, speed limits in the U.S. are more frequently treated as speed minimums. However, other countries are different, and driving behaviors are less aggressive.
TRV believes that “allowing automated systems to systematically exceed legal speed limits…risks undermining both the legal framework and the expected safety benefits of vehicle automation,” the report stated. It’s surprising that Tesla has not received this claim from other countries previously.
This could be a good argument to bring Max Speed back, the setting that previously allowed the driver to choose the absolute fastest the car would travel.
This would still put the responsibility of supervision in the hands of the driver. It would allow the driver to choose whether the car would travel over the speed limit or not, acknowledging that they set the speed, and if they get pulled over, there would be no ability to argue it.
However, it does not seem as if this is something Tesla will do, especially considering many U.S. drivers have requested the feature in an effort to eliminate speeding or at least tone it down. The company has not shown any interest in bringing it back.
Tesla has approvals for FSD in Europe in Estonia, Lithuania, Denmark, the Netherlands, and Belgium.
Tesla Cybercab launch is imminent after latest sighting at Giga Texas
Elon Musk says this part of Tesla ‘makes no sense’
