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SpaceX’s first crewed NASA launches remain on schedule for 2018
Plenty of work lies ahead of both companies, but progress abounds
Amidst a seemingly relaxed July for SpaceX, the company has been working intently with NASA to prepare for its first Commercial Crew mission in as few as seven months. NASA’s combination of strict technical requirements and partial flexibility with the famously fast-moving aerospace company have resulted in a collaborative environment that Elon Musk recently deemed beneficial to the company.
As NASA works with the company to ensure that Dragon 2 is as safe as realistically possible, SpaceX has begun several rounds of advanced testing and training. NASA astronauts are in the process of learning how to operate Dragon 2, and a near-production version of the vehicle’s control software and hardware has been integrated to allow for accurate simulations as practice. Meanwhile, Department of Defense personnel that will be tasked with recovering Dragons and crew from the ocean have begun developing those procedures with a mockup capsule.
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- DoD personnel began initial recovery procedure development in July. (SpaceX)
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- NASA astronauts utilizing the Dragon 2 simulator as they practice for the first crewed launch in June 2018. (SpaceX)
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- A look inside Crew Dragon’s bare crew compartment. (SpaceX)
At SpaceX’s Hawthorne manufacturing facilities, four separate Crew Dragons are in different states of assembly. While one of those vehicles is intended solely for qualification testing, the three remaining Dragons will respectively launch into low Earth orbit throughout the course of 2018, assuming schedules remain firm. Structural testing and verification of the qualification Dragon was completed as of July 24th, and the first flightworthy Dragon has undergone testing of its pressure vessel to ensure that there are no leaks.
Looking forward to launching @NASA astronauts to the International Space Station next year!https://t.co/qoLtTEP4L8
— Elon Musk (@elonmusk) August 3, 2017
Deemed Demo-1 in relation to the first flight of Dragon being Demonstration Flight 1, SpaceX workers are almost ready to integrate the service section and pressure vessel compartments. The pressure vessel is better known as the crew compartment, while the service section is where all the necessary flight and life support systems are contained. Dragon’s “claw” – used to grab hold of the ISS upon docking – and engines have also passed qualification tests.
Different parts of the Demo-1 Dragon in Hawthorne. The crew compartment or pressure vessel can be seen on the left, while the heat shield is front and center. A second and possibly third Crew Dragon pressure vessel can be seen in the background. (SpaceX)
Possibly the most exciting of all, SpaceX has conducted the first pressurized tests of its in-house space suits with NASA crew members. While non-insiders have yet to catch a glimpse of the company’s suits, those lucky enough to have stolen a glance have indicated that they look awesome. As the company progresses to actual vacuum testing of the suits, fans can likely look forward to a reveal. While we don’t yet have a view of SpaceX suits, the July 24th Commercial Crew update did provide the first public photos of SpaceX’s crew access arm, set to be installed at the LC-39A launch pad later this year.
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- NASA astronauts check out SpaceX’s recently-completed crew access arm. (SpaceX)
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- Whether or not you can parse NASA’s infamous acronym and jargon-heavy language, it’s clear that SpaceX has a considerable amount of work ahead to make their February 2018 deadline. (NASA)
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- For those with extreme willpower, a close study of this graphic provides a good idea of where both SpaceX and Boeing are as they head to first CCP launches. (NASA)
Aside from an array of milestones ahead for the company, the only major tasks yet to be finished are design finalization for Crew Dragon’s seat mechanisms and control displays. SpaceX’s Demonstration 1 and 2 launch dates of February and June 2018 respectively remain steady as of this late-July update. Delays are always possible and even likely, but chances are good that SpaceX will be ready to conduct the first launch of crew to the ISS before the end of next year.
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’
