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SpaceX’s first BFR manufacturing facility approved by the Port of LA

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SpaceX has been given initial approval by the Port of Los Angeles to acquire and develop a massive vacant lot into a facility capable of manufacturing the first BFR prototypes and refurbishing the company’s reusable Falcon 9 boosters. This approval is without a doubt the biggest step forward yet for the company’s ultimate goal of sending massive spaceships to Mars.

A request summary completed on March 6 details SpaceX’s proposal, laying out a bright future of rocket manufacturing for the abandoned 18-acre lot at Berth 240, one that might soon support “composite curing, cleaning, painting, and assembly [of commercial transportation vessels]” that “would need to be transported by water due to their size.” This description meshes almost perfectly with past discussion of BFR manufacturing plans from SpaceX executives like Elon Musk and Gwynne Shotwell, both of which have in the recent past affirmed the need for any BFR manufacturing facility to be located adjacent to a large body of water due to the difficulty of transporting rocket hardware as large as BFR.

On March 15, around a week after the environmental impact assessment gave a green light for SpaceX’s facility, Port of Los Angeles’ Board of Harbor Commissioners approved the proposal, effectively giving SpaceX permission to begin serious demolition and construction activities at Berth 240, an abandoned lot located on the San Pedro side of the greater Port of Los Angeles, which refers to both Ports of San Pedro and Long Beach. To provide context, SpaceX’s primary manufacturing facilities in Hawthorne, CA occupy 10-15 acres of urban real estate – in other words, even partial development of Berth 240’s 18 acres would mark a huge expansion of the company’s available manufacturing and refurbishment space, an absolute necessity for the construction of a launch vehicle as large as BFR.

The construction of such a facility would make it significantly easier for SpaceX to build its first BFR/BFS prototypes, avoiding the massive disruption and cost that transporting the 9m-diameter vehicle through downtown LA. Rather than dealing with that nightmare, SpaceX would instead be able to simply crane an assembled booster or spaceship onto a barge (perhaps a drone ship?) that would then ship the rocket hardware through the Panama Canal to the company’s facilities in Cape Canaveral, FL or Boca Chica, TX.

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While it is likely to take a fair amount of time to prepare the lot for the construction of a facility capable of manufacturing advanced composite rocket components, the wording in the Port documentation also suggests that SpaceX means to transfer its Falcon 9 recovery work to the new berth as soon as it’s available. Indeed, the comparatively massive space would give SpaceX far more room for recovery operations with the drone ship Just Read The Instructions (JRTI), and could potentially become a one-stop-shop for booster recovery and refurbishment. As of now, boosters recovered on the West Coast are transported to the Hawthorne factory for all refurbishment work, operations that themselves already require brief road stoppages to accommodate the sheer size of Falcon 9. As of 2018, SpaceX is planning for BFR to be 50% taller and close to three times as wide as Falcon 9 (350 feet long and 30 feet in diameter).

Although SpaceX is specifically named in the study, the company appears to have created a distinct LLC to lease the lot, referred to as “WW Marine Composites” by the authors. At the point of publishing, WW Marine Composites does at least appear to exist, but that is the sum of all info available on the circa-2016 LLC. This obscure, stealthy LLC appears to continue SpaceX’s habit of purchasing and leasing land through shell corporations, a common behavior of businesses thanks to its tax benefits and protection against liability. Finally, an additional document from December 2017 hints that SpaceX is still working closely with Janicki Industries, a globally-renowned carbon composite structures manufacturer that SpaceX tasked with the creation of the first 12m-diameter composite tank, revealed to the surprise of almost everyone in 2016 and soon after tested to destruction in 2017.

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Regardless, it will be exciting to watch SpaceX develop what will likely become its newest property acquisition. BFR is a massive rocket and will require commensurately massive manufacturing hardware, hardware that is likely to be spotted by any number of eagle-eyed SpaceX fans and observers in the LA area. Berth 240 may also uniquely lend itself to some incredible photos of the company’s progress, thanks in part to the fact that it’s all but surrounded by shoreline that is accessible to the public. Teslarati photographer Pauline Acalin visited the site just after receiving insight on the latest development to get a feel for the location.

It’s liable (and perhaps probable) to change, but curious observer can currently walk up right beside Berth 240, a location that might soon support SpaceX’s first BFR manufacturing. (Pauline Acalin)

Follow us for live updates, behind-the-scenes sneak peeks, and a sea of beautiful photos from our East and West coast photographers.

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Tom CrossTwitter

Pauline Acalin  Twitter

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Eric Ralph Twitter

Eric Ralph is Teslarati's senior spaceflight reporter and has been covering the industry in some capacity for almost half a decade, largely spurred in 2016 by a trip to Mexico to watch Elon Musk reveal SpaceX's plans for Mars in person. Aside from spreading interest and excitement about spaceflight far and wide, his primary goal is to cover humanity's ongoing efforts to expand beyond Earth to the Moon, Mars, and elsewhere.

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Tesla broadens most-wanted Model Y to eight new markets

This rollout targets Asia’s booming EV adoption, driven by family buyers seeking practicality without sacrificing performance or luxury. It positions Tesla against rising local competitors offering affordable three-row options.

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Credit: Tesla China

Tesla has broadened the availability of the most-wanted Model Y trim to eight new Asian markets, expanding the footprint of what is one of the most highly requested vehicle configurations in the U.S.

Tesla has officially launched ordering for the Model Y L, its long-wheelbase six-seater electric SUV, across eight key Asian territories: Japan, South Korea, Hong Kong, Macau, Singapore, Thailand, Malaysia, and the Philippines.

The announcement signals a major expansion for the family-oriented variant first introduced in China in August 2025. In Thailand, Malaysia, and the Philippines, the vehicle had already been previewed at several motor shows, so fans in the area were familiar with the Model Y L and its distinct differences to the standard-sized trims.

Local pricing reflects taxes, incentives, and import duties. Malaysia estimates RM260,000 with Q2 2026 deliveries; Singapore lists S$248,999 (including COE); Macau prices at 398,750 patacas. Similar competitive positioning is expected in Japan, South Korea, Hong Kong, Thailand, and the Philippines, where the Model Y L undercuts many traditional three-row SUVs while offering full EV benefits.

This rollout targets Asia’s booming EV adoption, driven by family buyers seeking practicality without sacrificing performance or luxury. It positions Tesla against rising local competitors offering affordable three-row options.

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Notably, the Model Y L remains unavailable in the U.S. market, where demand for a stretched Model Y has been high. Although CEO Elon Musk said that something “way cooler than a minivan” is on the way in the U.S., the dimensions of the Model Y L simply fit the needs of many American families.

Elon Musk says Tesla is developing a new vehicle: ‘Way cooler than a minivan’

The Model Y L stands out with its stretched dimensions: 4,976 mm long and a 3,040 mm wheelbase—179 mm and 150 mm longer, respectively, than the standard Model Y. Height increases slightly to 1,668 mm, creating a true three-row, 2+2+2 layout with individual captain’s chairs in the second row for easier third-row access.

Maximum cargo capacity reaches 2,539 liters with seats folded, making it ideal for growing families or those needing versatile space in dense urban environments. But it’s not just a grocery-getter or a kid-hauler: The performance matches Tesla’s reputation.

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Dual-motor all-wheel drive delivers 0-100 km/h acceleration in about 5.0 seconds (or 4.5 seconds in some market specs), with a top speed of 201 km/h. The vehicle boasts a WLTP-rated range of up to 681 km, supported by an approximately 88-97 kWh battery pack (market-dependent) and 250 kW DC fast charging.

With deliveries slated for Q2 2026 and strong early interest mirroring China’s rapid pre-orders, the Model Y L could become a bestseller in these dynamic markets. Tesla’s targeted expansion essentially generalizes its commitment to tailoring vehicles to regional needs while advancing sustainable mobility across Asia.

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Tesla hit by Iranian missile debris in Israel

A Tesla in Israel absorbed a direct hit from missile debris, and the glassroof held.

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Tesla Model Y glass roof shattered from a piece of falling Iranian missile debris

On March 30, 2026, Lara Shusterman was in Netanya, Israel when Iranian ballistic missiles triggered air raid sirens across the city. While she remained in safety, her 2024 Tesla Model Y did not escape untouched. A heavy piece of missile debris struck the car’s massive glass roof, leaving a deep crater but without shattering. In a Facebook post to the Tesla Israel community the following morning, Shusterman described what happened: “The glass did not shatter into dangerous shards. She stopped the damage and pushed the metal part to the ground.” She closed by thanking Elon Musk and the Tesla team for building what she called “security and a sense of trust even in extreme situations.”

Netanya is a coastal city in central Israel, roughly 18 miles north of Tel Aviv and has been among the areas most frequently struck during Iran’s ongoing missile campaign, following coordinated U.S. and Israeli strikes on Iranian military infrastructure. Falling shrapnel from intercepted missiles is a common occurrence.

Source: Tesla Israel Facebook Group

The incident is a testament to Tesla’s structural engineering. Tesla’s glass roof is designed to support over four times the vehicle’s own weight. That strength has shown up in real-world accidents too. In 2021, a Model Y in California was struck by a falling tree during a storm, with the glass roof holding firm and the cabin remaining intact. In another widely reported incident, a Tesla Model Y plunged 250 feet off the cliff at Devil’s Slide in California in January 2023, with all four occupants, including two young children, surviving.

Disturbing details about Tesla’s 250-foot cliff drop emerge amid initial investigation

Tesla officially launched sales in Israel in early 2021 and captured over 60 percent of Israel’s EV market in the first year. The brand’s foothold in Israel remains significant. Tens of thousands of Teslas are now on Israeli roads, making incidents like Shusterman’s easy to corroborate. On the same week her Model Y took the hit, the U.S. Space Force awarded SpaceX a $178.5 million contract to launch missile tracking satellites, a separate but fitting reminder of how intertwined the Musk ecosystem has become with the realities of modern conflict.

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Elon Musk calls out $2 trillion SpaceX IPO valuation as ‘BS’

In a swift rebuke on X, Elon Musk dismissed reports claiming SpaceX had confidentially filed for an initial public offering targeting a valuation above $2 trillion, labeling the information as unreliable.

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CEO Elon Musk is set for a unique SpaceX and Tesla double-header with a Starlink launch and earnings report currently scheduled on the same day. (SpaceX)

Elon Musk is quick to call out any false information regarding him or his companies on his social media platform, known as X.

A recent report that claimed SpaceX was aiming to go public with an IPO in the coming weeks at a massive valuation of $2 trillion was called out by Musk, who referred to it as “BS.”

In a swift rebuke on X, Elon Musk dismissed reports claiming SpaceX had confidentially filed for an initial public offering targeting a valuation above $2 trillion, labeling the information as unreliable.

The exchange highlights ongoing media speculation about the rocket company’s future and Musk’s frustration with what he views as inaccurate financial reporting. The report came from Bloomberg.

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The controversy erupted on April 2, 2026, when influencer Mario Nawfal amplified claims from Bloomberg.

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The outlet posted that SpaceX had boosted its IPO target valuation above $2 trillion, describing it as potentially one of the largest public offerings in history. Musk challenged the story.

It echoes past instances where Musk has corrected valuation rumors about his companies, emphasizing that speculation often outpaces reality.

Elon Musk debunks latest rumors about SpaceX IPO

Background context adds nuance.

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Earlier reports indicated SpaceX had filed confidential IPO paperwork with the U.S. Securities and Exchange Commission, potentially positioning it for a record-breaking debut that could eclipse Saudi Aramco’s 2019 listing.

Initial estimates pegged a possible valuation north of $1.75 trillion, building on a post-merger figure around $1.25 trillion after SpaceX absorbed xAI. A subsequent Bloomberg update claimed advisers were floating figures above $2 trillion to investors, with the offering potentially raising up to $75 billion.

SpaceX remains a private powerhouse. Its achievements include thousands of Starlink satellites providing global broadband, routine Falcon 9 rocket reusability, and a mission to slash launch costs, along with ambitions for Starship to enable Mars colonization.

The company also benefits from government contracts with NASA and the Department of Defense. A public listing could democratize access for retail investors while subjecting SpaceX to greater scrutiny and quarterly reporting pressures.

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Critics of the reports point to the confidential nature of filings, which limits verifiable details. Musk has previously downplayed inflated valuations, once calling an $800 billion figure for SpaceX “too high.”

Supporters argue that hype around mega-IPOs, especially amid the ongoing AI fervor, fuels premature narratives that distract from core technical milestones, such as full Starship reusability and Starlink constellation expansion.

The incident reflects broader tensions in tech finance. Anonymous sourcing in valuation stories can drive market chatter and betting activity, yet it risks misinformation.

Bloomberg defended its reporting through multiple articles citing “people familiar with the matter,” but Musk’s blunt dismissal resonated widely on X, with users piling on to question media reliability.

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Whether SpaceX ultimately goes public remains uncertain. Musk has teased an IPO tied to Starlink maturity, but priorities center on engineering breakthroughs over Wall Street timelines. For now, the $2 trillion figure joins a list of rumored milestones that Musk insists should be taken with skepticism.

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