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SpaceX unveils next-gen Starlink V2 Mini satellites ahead of Monday launch
SpaceX has released official specifications and photos of its next-generation Starlink V2 Mini satellites, which are set to launch for the first time as early as Monday, February 27th.
The new satellites are the future of SpaceX’s Starlink constellation, and the information the company revealed helps demonstrate why.
The update that's rolling out to the fleet makes full use of the front and rear steering travel to minimize turning circle. In this case a reduction of 1.6 feet just over the air— Wes (@wmorrill3) April 16, 2024
SpaceX’s confusingly-named Starlink 6-1 mission will carry the first 21 Starlink V2 satellites into low Earth orbit (LEO) as early as 1:38 pm EST (18:38 UTC) on Monday, February 27th. The satellites will operate under SpaceX’s Starlink Gen2 FCC license, which currently allows the company to launch up to 7,500 of a nominal 29,998 satellites. At the same time as it continues to fill out its smaller 4,408-satellite Starlink Gen1 constellation with smaller V1.5 satellites, SpaceX has already begun launching the same smaller V1.5 satellites under the Gen2 license.
Eventually, those smaller and less capable satellites will likely be replaced with larger V2 satellites, but SpaceX appears to have decided that quickly adding suboptimal capacity is better than waiting for an optimal solution. In theory, that optimal solution is larger Starlink V2 satellites. As discussed in a previous FCC filing, SpaceX intends to operate up to three different types of Starlink satellites in its Starlink Gen2 constellation. The first variant is likely identical to the roughly 305-kilogram (~673 lb) Starlink V1.5 satellites that make up most of its Starlink Gen1 constellation.
Meanwhile, SpaceX has already built and delivered dozens of full-size Starlink V2 satellites to Starbase, Texas. Those more optimal spacecraft reportedly weigh anywhere from 1.25-2 tons (2750-4400 lb) each, offer almost 10 times more bandwidth than V1.5 satellites, and are so large and ungainly that they can only be launched by SpaceX’s next-generation Starship rocket. Starship is substantially delayed, however, so SpaceX chose to develop a third Starlink satellite variant combining many of the full-size V2 benefits into a package that can be launched by SpaceX’s existing Falcon 9 rocket.
Prior to SpaceX’s February 26th tweets, all that was known about those Starlink “V2 Mini” satellites were a few specifications included in a response to the FCC. The new information provided by SpaceX appears to confirm some of those specifications. For example, knowing that Falcon 9 will carry 21 V2 Mini satellites and that the rocket’s current payload record is 17.4 tons, each V2 Mini satellite likely weighs no more than 830 kilograms (~1830 lb). That’s very close to the 800-kilogram estimate provided in the October 2022 filing.
More importantly, SpaceX revealed that each Starlink V2 Mini satellite will have more powerful antennas and access to a new set of frequencies. Combined, each satellite will have up to “~4x more capacity…than earlier iterations” like Starlink V1. Compared to current V1.5 satellites, that means that Starlink V2 Mini could squeeze approximately 50% more network capacity out of each unit of satellite mass. As a result, even though the larger V2 Mini design has reduced the number of satellites Falcon 9 can launch almost threefold, the 21 V2 Mini satellites it can launch will add ~50% more bandwidth than the ~57 V1.5 satellites it would have otherwise launched.
The larger satellites mean that it will take three times as many Falcon 9 launches to expand Starlink V2 coverage, but the areas that are covered will have the capacity to serve several times more customers or deliver much higher bandwidth to the same number of customers.
SpaceX also announced that it has developed a new argon-fueled Hall effect thruster for Starlink V2 satellites. To avoid the high costs of xenon propellant, the most common choice of fuel for electric propulsion systems, SpaceX already developed a first-of-its-kind krypton Hall effect thruster for Starlink V1 and V1.5 satellites. Spread over the almost 4000 Starlink V1.x satellites SpaceX has launched since May 2019, the relatively low cost of krypton (roughly $500-1500/kg vs. $3000-10,000+/kg for xenon) has likely saved the company hundreds of millions of dollars.
The shift from krypton to argon could be similarly beneficial. Relative to krypton, the argon required to fuel Starlink V2 satellites will be practically free. 99.999%-pure argon can be purchased in low volumes for just $5 to $17 per kilogram, and each Starlink V2 Mini satellite will likely need less than 80 kilograms. SpaceX likely spent around $50 million (+/- $25M) on krypton for the almost 4000 Starlink V1 satellites it’s launched to date. As a result, even if every Starlink V2 satellite needs an excessive 200 kilograms of argon, fueling its next constellation of almost 30,000 V2 satellites could cost SpaceX less than fueling 4000 V1 satellites.
Tune in below around 1:30 pm EST (18:30 UTC) to watch SpaceX’s first Starlink V2 launch live.
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 is going to let you guide Full Self-Driving with Grok in 3 months, CEO Elon Musk confirmed on X.
The response from Musk, which revealed Tesla plans to allow drivers to effectively control the car and its navigation more explicitly using Grok, puts the feature for about September.
A Tesla owner said that Full Self-Driving is great, but owners should be able to “converse with Grok like we can with an Uber driver.” She then used examples like, “Grok, turn right here,” and “Drop us off right here, we’ll walk due to traffic,” and finally,” Drop at entrance first, then park far away.”
Coincidentally, the final piece of dialogue would also mean features like Banish are potentially on the way soon.
This functionality will be there in about 3 months or so
— Elon Musk (@elonmusk) June 18, 2026
Banish is also referred to as “Reverse Summon,” and would enable the car to self-park while dropping occupants off at their destination.
This would be a great way to improve the overall experience while supervising FSD. Navigation is already a major painpoint that many owners complain about. Manual overrides when a maneuver is requested or canceled (like using the turn signal stalk to override a navigation route), do not always work.
The feature could be especially useful in street parking scenarios in a city, where spots are sometimes tough to come by. Many of us who grab dinner in a more populated area will park a street or two over from wherever we’re going, because sometimes you know that’s the best you will get. If a driver using FSD could say, “Hey Grok, turn right here on Queen St. and park in that open spot on the right,” it could save a lot of confusion FSD might have on its own.
Musk teased that a similar feature was “coming” back in February:
Tesla Full Self-Driving set to get an awesome new feature, Elon Musk says
It is certainly surprising that Tesla is doing it at this point. The company’s more recent moves have been more evident of taking control and inputs away from humans and putting them in the AI’s hands more frequently. The biggest example of this was taking away Max Speed in AI4 cars, giving us Speed Profiles, and not having any input on the fastest speed the car will travel.
Of course, giving navigation preferences to Grok is availble already in Teslas, but not at the drop of a hat. Instead, you can suggest a certain route at the beginning of your drive.
Here’s an example of that from December:
🚨🏈 I am taking my parents and Fiancee to the @Ravens game next weekend and asked @Grok to help me route my @Tesla through a specific neighborhood to reach the correct Lot we will park in.
This is a great example of the new @grok nav integration with the Tesla Holiday Update: pic.twitter.com/rPp4I7q8Yv
— TESLARATI (@Teslarati) December 13, 2025
Finally, the original post that Musk responded to mentioned a parking preference after dropping off the occupants, which describes the Banish feature that Tesla has teased for years.
We’re not sure if Musk was responding more to the ability to guide the car with Grok, or whether he also was including Banish in the three-month prediction timeframe.
Elon Musk challenges Tesla credit rating from Moody’s after SpaceX gets a higher one
Tesla faces Full Self-Driving pushback in EU over ‘speeding’
