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SpaceX to demonstrate weekly launch cadence: 3 launches in 14 days
LC-39A undergoing repairs and tests after the launch of CRS-11. (/r/SpaceX)
SpaceX is in the process of preparing to launch BulgariaSat-1, with the first attempt scheduled for Saturday, June 17th between 2:10 p.m and 4:10 p.m. EST. BulgariaSat-1 will be Bulgaria’s second satellite ever and will act as a telecommunications hub in geostationary orbit, around 30,000 miles above Earth.
Following a highly successful launch and docking of the eleventh cargo mission of its Dragon spacecraft, Launch Complex 39A has since undergone routine checks to verify its condition and has likely been lightly repaired. The static fire for the upcoming mission is scheduled as early as tomorrow. Both the static fire and launch were pushed back two days due to a 48 hour delay of the CRS-11 launch.
The launch of BulgariaSat-1 is already exceptional for several reasons. First and foremost, the Falcon 9 first stage to be used in the upcoming mission has already flown once before, assisting in the successful launch of Iridium’s first ten NEXT satellites in early January of this year. It will thus mark the second time SpaceX has truly reused a Falcon 9 first stage. There has even been a bit of circumstantial evidence that the choice to launch on a recovered F9 resulted in BulgariaSat-1 being moved ahead of Intelsat 35e, which is now scheduled for no earlier than July 1st. Regardless, another successful reuse will be a boon for a SpaceX in the throes of an unprecedentedly busy year of launches by once again demonstrating the viability of their program of reuse and thus hopefully swaying more customers to take the leap to reused rocket cores.
The second reason, as touched on above, is that BulgariaSat-1 will mark the beginning of a two week period in which SpaceX could potentially conduct three separate launches, two at Cape Canaveral and one at Vandenberg Air Force Base. If successful, this would demonstrate weekly single-vehicle launch cadence, something that has not been seen in the launch industry in quite some time. This weekly cadence, if successful, will demonstrate a maturing company that is truly preparing for extraordinary launch cadence. By using two pads, one in California and one in Florida, SpaceX will still be able to provide two weeks between launches in order to prepare each launch site for the next launch, while effectively launching once a week. While Vandenberg Air Force Base can only support polar orbit launches, LC-40 is currently deep into the process of being repaired and reactivated following the failure of a Falcon 9 late last year.
With LC-40 preparing for reactivation sometime in August or September, SpaceX will find themselves at long last with two viable all-purpose launch pads in very close proximity to each other. By staggering launches on each pad and continuing to maintain the two week pad turnaround time after launches, SpaceX could theoretically begin to sustain regular weekly launches as few as three months from now. A successful weekly cadence this month could reinforce that such a sequence of events is a possibility.
Iridium NEXT 1’s Falcon 9 first stage after recovery in the Pacific Ocean. (SpaceX)
SpaceX has long been working to rapidly increase its ability to launch frequently, and this year has been an exceptional example of several pieces fitting together. The company has begun to use an automated flight termination system, which will allow them to rely less upon the availability of Cape Canaveral’s Range Officers while crafting their manifest and launch schedules. Normally, the flight termination system in rockets is monitored by an actual team of people who have barely a few seconds to decide if rocket telemetry is less than nominal and prevent what is effectively a large missile from impacting populated areas. SpaceX has replaced this with an arguably much safer approach dependent upon their mature autonomous avionics systems, simply meaning that computers on board their rockets and spacecraft automatically analyze telemetry and control vehicle performance and guidance. SpaceX has been testing this system in a way that is almost identical to Tesla’s method of installing inert autonomy software that can learn without actually controlling the vehicle, and it is consequently only now being implemented after SpaceX and the Air Force have a high degree of confidence that it will outperform its human colleagues.
The ultimate goal of this automated flight termination system (AFTS), as well as many other significant changes to both the hardware of pads and vehicles, is to eventually allow SpaceX to accomplish Elon Musk’s long fabled and oft-ridiculed goal of 24-hour reusability, and thus 24-hour launch cadence. SpaceX and the USAF have both stated that AFTS alone will likely allow Cape Canaveral to support up to 48 launches a year. While shared between ULA and SpaceX, even 36 launches a year would effectively leave SpaceX with a shrinking launch manifest and significantly increased revenue and profit. This would speculatively allow them to more rapidly develop their pursuits of Mars, a vast constellation of broadband satellites, and more.
BulgariaSat-1 being prepared for launch. (SSL)
Nevertheless, this is all of course speculation and dependent upon many things going well. If SpaceX is able to successfully launch BulgariaSat-1 on June 17th, Iridium NEXT 2 on the 25th, and Intelsat 35e on July 1st, they will have successfully demonstrated the ability to support a weekly launch cadence and will have to do little more than wait for the availability of a second East coast pad to begin to take full advantage of it.
With ten launches scheduled between now and October and ten more launches scheduled between October and the end of December, it is guaranteed to be one incredible year for SpaceX and their fans.
Elon Musk has firmly denied recent media reports suggesting that SpaceX has reduced its target valuation for an upcoming initial public offering.
The denial came directly from the SpaceX and Tesla frontman on his social media platform X, where he responded with a single word, “False,” to a post from ZeroHedge that cited Bloomberg sources.
This swift rebuttal underscores Musk’s ongoing effort to manage speculation surrounding one of the most anticipated market debuts in recent history.
False
— Elon Musk (@elonmusk) May 29, 2026
According to the disputed reports, SpaceX had lowered its IPO valuation goal to at least $1.8 trillion from previous ambitions exceeding $2 trillion.
The claims emerged amid growing anticipation for the company’s confidential S-1 filing, which positions it for a potential public listing as early as June.
Some had pointed to strong revenue growth, particularly from the Starlink satellite internet service, which contributed heavily to the firm’s 2025 figures of $18.7 billion. Yet challenges persist in other areas, including substantial investments and losses tied to ambitious projects like Starship development and artificial intelligence initiatives, which plan to make life multiplanetary eventually.
Musk’s response highlights a pattern in which he actively counters what he views as inaccurate portrayals of his companies’ trajectories.
SpaceX, already valued privately at extraordinary levels, stands as a cornerstone of Musk’s empire alongside Tesla and xAI. The entrepreneur has long emphasized the transformative potential of reusable rockets and global broadband access, factors that fuel investor enthusiasm despite operational hurdles.
By rejecting the valuation downgrade narrative, Musk signals confidence in SpaceX’s fundamentals and its readiness for public markets on terms favorable to its long-term vision. People have been waiting a very long time to invest in SpaceX, and the valuation, as well as the introductory share price, is not going to need adjusting.
They’ll have plenty of suitors.
This episode reflects broader dynamics in the technology sector, where rumors often swirl around high-profile entities. Musk’s direct engagement with media narratives serves to maintain transparency and control the narrative around his ventures.
As SpaceX prepares for greater scrutiny in public markets, the founder’s denial reinforces optimism about its prospects. Supporters argue that the company’s innovative edge positions it for enduring success, far beyond short-term valuation debates. With the denial now public, attention turns to forthcoming regulatory filings that could provide clearer insights into SpaceX’s strategy and financial health.
The coming weeks promise to reveal more about how SpaceX will transition into a publicly traded powerhouse.
Tesla’s dreams of operating a fully autonomous ride-hailing platform just took a massive step toward reality, as two separate events have indicated the company is perhaps closer than ever to achieving self-driving as a product.
On Thursday, Tesla was granted authorization by the State of Texas to operate driverless vehicles in a commercial manner. On May 28, Senate Bill 2807, passed by the 89th Texas Legislature, took effect after being passed back on September 1, 2025.
The bill establishes a statewide regulatory framework requiring authorization from the Texas Department of Motor Vehicles for companies to operate automated vehicles commercially on Texas roads.
This covers driverless, or SAE Level 4+, operations for passenger transport, meaning Robotaxi, or freight.
Tesla and other companies can self-certify their vehicles and tech as long as they:
- Operate in compliance with Texas traffic laws
- Maintain proper registration, title, and insurance
- Use compliant automated driving systems
- Record onboard activity and handle system failures and glitches safely.
The new authorization, which was first reported by James Stephenson on X, allows companies to utilize their own processes to determine if their vehicles are ready to operate without drivers.
🚨BREAKING:
Tesla has been authorized by the State of Texas to operate driverless vehicles commercially under the new law that took effect today, May 28th, 2026. Tesla has officially self-certified the software running on its robotaxis as Level 4. $TSLA pic.twitter.com/KSJdsvlaW5— James Stephenson (@ICannot_Enough) May 28, 2026
It is a rule that expedites the entire approval process, keeping agencies out of a usually long, lengthy, and frustrating task that is essential to technological advancements. It essentially means Tesla can launch commercial Robotaxi operations at this point.
On the very same day, Tesla continued the momentum as CEO Elon Musk shared a video of Cybercab units autonomously driving off the property at Gigafactory Texas. This is a major step in the story of the Cybercab.
Mass production of the Cybercab started at Giga Texas in April, and it is already heading out of the factory on its own.
Cybercab driving itself out of the GigaTexas factory pic.twitter.com/EwAMVVDjYy
— Elon Musk (@elonmusk) May 28, 2026
These two major events mark a drastic step forward in Tesla’s progress toward Cybercab and the permissions it needs to operate a self-driving ride-hailing service. Tesla is now able to operate autonomously under Texas law by self-certifying, and with the potentially imminent rollout of Cybercab, Tesla’s autonomous dreams are starting to take serious shape.
Elon Musk
The Tesla and SpaceX merger everyone is talking about is quietly building
Tesla and SpaceX may be closer to merging than Wall Street or either company is admitting.
Elon Musk has reportedly discussed merging Tesla and SpaceX with people close to him, according to CNBC, which cited sources familiar with the conversation. Tesla employees have long expected such a transaction and the topic is openly discussed internally, according to internal sources. With SpaceX is days away from kicking off its Wall Street roadshow for what could be the largest IPO in market history, this would be the first time the company will have public market currency to execute a stock-for-stock deal with Tesla.
The financial logic for a merger would make sense. A combined SpaceX and Tesla would create a conglomerate spanning rockets, satellites, electric vehicles, AI infrastructure, and energy storage valued at roughly $3.35 trillion to $3.6 trillion based on SpaceX’s IPO target range and Tesla’s current market capitalization. The two companies are already more intertwined than most people realize. SpaceX bought $697 million worth of Tesla Megapack systems for xAI data centers and $131 million worth of Cybertrucks. Tesla invested $2 billion in xAI, which subsequently merged with SpaceX. Past transactions also include Tesla selling solar equipment and parts to SpaceX, and SpaceX helping with Cybertruck materials.
Will Tesla join the fold? Predicting a triple merger with SpaceX and xAI
Musk himself signaled where this was heading in November 2025 when he posted on X, “My companies are, surprisingly in some ways, trending towards convergence.” Tesla and SpaceX announced a joint semiconductor fabrication facility in Austin called Terafab on the Gigafactory Texas campus, covering two advanced chip factories, with one serving Tesla’s AI needs for vehicles and Optimus robots, the other targeting space-based data centers under SpaceX’s infrastructure vision.
Wedbush analyst Dan Ives places the probability of a merger at 80% to 90% with a target completion in the first half of 2027. The mechanics of a deal became possible the moment SpaceX filed its S-1. Legal experts said a merger likely would not spark antitrust issues but would raise concerns among shareholders in each company, with questions around which company would be the parent, how a stock swap would take place, and who determines the appropriate price. Musk holds about 20% of Tesla’s equity but controls 85.1% of SpaceX’s voting power through a super-voting share class, meaning he would largely be negotiating the terms with himself.
Not everyone is convinced the timing is imminent. Traders on Kalshi place only 33% odds that a merger will happen before May 2027. The more immediate concern for Tesla shareholders is whether the SpaceX IPO pulls capital and Musk’s attention away from Tesla before any merger consolidates the upside for both.
What is clear is that the structural groundwork is already being laid. The Terafab announcement, the xAI merger, the shared supply chain, the cross-company balance sheet transactions, and now the IPO all point in the same direction. Whether the merger follows in 2027 or later, the two companies are already operating more like divisions of a single entity than independent competitors.
Elon Musk strikes down reports on SpaceX IPO rumors
Tesla’s Robotaxi dreams just took a massive step toward reality
