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Tesla’s snub from White House EV event: the Pros and Cons
As the United States government continues its monumental push of domestic automakers to transition to electrification, President Joe Biden and fellow White House staff have invited companies like Ford, General Motors, and Stellantis to Washington to discuss what steps can be taken at the federal level to reach lofty EV delivery goals. However, perhaps the Biden Administration’s biggest ally, Tesla, wasn’t there because it was not extended an invitation. While CEO Elon Musk called the no-invite “odd,” there are potentially some bright spots in the situation, although the question of whether they outweigh the negatives is up to the reader to decide.
White House Electrification Event for U.S. Automakers
A relatively groundbreaking announcement that comes on the heels of President Biden’s request for legacy automakers to commit to a 40% electrified fleet by 2030, the companies agreed to a loftier but more satisfying figure of 50%. Now that half of all legacy automaker vehicles sold in 2030 will be electric, the big question is, how will it work? How will this plan be carried out?
Effectively, a game plan is likely being discussed among the White House staff and the leaders of the automakers who were invited to the event. With each company outlining specific goals through various announcements over the past several years, it is now time for action. The talking is done, a plan needs to be laid out and completed. The thing about electrification is that it is vastly different from building an ICE car, which each of these companies has long, storied, and successful histories of doing. Building an electric vehicle is a completely different project, and it goes much further than putting some electric motors and batteries in a pack and calling it an EV. There needs to be efficient and effective software, the batteries need to have a specific cell chemistry to operate for a long time, charging infrastructures need to be established, along with many other factors.
Tesla’s absence from White House EV event sidestepped in Pete Buttigieg interview
The overall issue that many of these companies have when transitioning to electrification is finding out how to make EVs operational. Far too many times, we have heard about incredible EVs that will come to the market in a few years, they are going to be amazing and effective, and they will show Tesla who is boss. But every time this has happened, these cars fall short of their mark.
The Cons: Why Tesla should be at the White House, no questions asked
Tesla has the experience to help these automakers navigate through extremely difficult times, which are likely to come based on many of these companies’ current situations with developing electric powertrains. Creating one or two vehicles and selling between thirty and fifty thousand of them definitely helps the cause. However, keeping these delivery rates and simply putting a few new bells and whistles in the interior doesn’t make it a new car. Consumers want new technology, new looks, new aesthetics. This means cars with more range, more features, and sleeker, more modern designs.
The goal should be for these automakers to develop a plan by 2030, about eight and a half years, to have four to five different electrified models on the road by that year. Rolling out that many new models while simultaneously engineering and building effective electric powertrains is extremely difficult. Many companies may find that the road to this goal is not necessarily as simple as they thought.
Ask Tesla about it.
After unveiling the Model 3, Tesla and CEO Elon Musk entered the toughest few years of Tesla’s short life.
However, Tesla overcame all odds by delivering four electric models in just eight years: the Model S in 2012, the Model X in 2015, the Model 3 in 2017, and the Model Y in 2020.
Ideally, Tesla would be the biggest advantage for all of these companies from a consultant standpoint. If Tesla’s goal really is to accelerate the world’s transition to sustainable energy, it would have no issue helping car companies figure out where their shortcomings are. No technological advantages would need to be shared. Still, a roadmap of how Tesla navigated through the toughest portion of its existence by releasing popular, profitable, and effective EVs would undoubtedly help. Not to mention, these companies are much more financially stable than Tesla was while it was ramping up its production of vehicles. That would only help the cause as money really isn’t an issue.
Another negative comes from a perceptive standpoint, but it can’t be a good look for the Biden administration to go through with this event without having the industry leader there. It would be like having a tech event without Apple, an Olympic highlight reel without Phelps, a chef’s get-together without Gordon Ramsay. It just doesn’t make sense, and on top of it, it doesn’t necessarily show that the country’s leaders support Tesla’s efforts. After all, Joe Biden hasn’t uttered the word “Tesla” since he’s taken office.
The Pros: Why it might not be so bad after all
If the purpose of this event is to get automakers on board with electrification, then Tesla really would have no business being there. After all, the companies invited have pledged to have half of their vehicle deliveries be electric in 2030. Tesla already delivers only electric vehicles, and it has since day 1. Some could see it as the Straight A student going to tutoring; it’s really kind of pointless.
Additionally, it might be a good look for Tesla not to go to the event from a political standpoint. Currently, 52% of Americans disapprove of Biden’s job performance. This is according to Rasmussen, which updates the poll daily.
Tesla also does not need any assistance federally, and it does not need any entity to tell it how to handle its business. This is something that Tesla should take pride in. The hard-working giants who have ruled the automotive industry for a century need guidance on continuing to move forward.
For Tesla, the answers came through its own hard work and its own want to change the world for the better.
What do you think? Let us know in the comments below, or be sure to email me at joey@teslarati.com or on Twitter @KlenderJoey.
Elon Musk
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.
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.
Don’t believe everything you read.
Bloomberg publishes bs.
— Elon Musk (@elonmusk) April 3, 2026
The controversy erupted on April 2, 2026, when influencer Mario Nawfal amplified claims from Bloomberg.
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.
Background context adds nuance.
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.
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.
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.
Elon Musk
Elon Musk reveals date of SpaceX Starship v3’s maiden voyage
The announcement arrives after Flight 11 on October 13 of last year, which concluded a busy 2025 testing campaign. Since then, SpaceX has focused on ground testing, including cryoproofing of Ship 39 and preparations for Booster 19, the first V3 Super Heavy.
SpaceX CEO Elon Musk has revealed the timeline for the next Starship launch. It will be the first launch using SpaceX’s revamped design for Starship, as its v3 rocket will take its maiden voyage sooner than many might expect.
Musk announced on April 3 on X that the next Starship flight test, and the first flight of the upgraded v3 ship and booster, is 4 to 6 weeks away. The update signals the end of a nearly six-month hiatus since the program’s last launch.
Elon says the first V3 Starship launch will occur in 4-6 weeks
It will be the first Starship launch since Flight 11 on October 13, 2025 https://t.co/QnnYPTdbUu
— TESLARATI (@Teslarati) April 3, 2026
The upcoming mission, designated as Starship’s 12 integrated flight test (IFT-12), marks a significant milestone. It will be the debut of the v3 configuration, featuring a taller Super Heavy Booster and Starship upper stage. The changes SpaceX has made with the v3 rocket and booster are an increased propellant capacity and the more powerful Raptor 3 engines.
Earlier predictions from Musk in March had pointed to an April timeframe, but the latest timeline now targets a launch window in early to mid-May 2026.
The V3 iteration represents a substantial evolution from previous Starship prototypes. Engineers have optimized the design for improved manufacturability, higher thrust, and greater efficiency. Raptor 3 engines deliver significantly more power while reducing weight and production costs compared to earlier variants.
With these enhancements, SpaceX aims to boost payload capacity toward 200 metric tons to low Earth orbit in a fully reusable configuration — a dramatic leap from the roughly 35-ton target of prior versions. Such capabilities are critical for ambitious goals, including NASA’s Artemis lunar missions and eventual crewed flights to Mars.
The announcement arrives after Flight 11 on October 13 of last year, which concluded a busy 2025 testing campaign. Since then, SpaceX has focused on ground testing, including cryoproofing of Ship 39 and preparations for Booster 19, the first V3 Super Heavy.
Recent activities have involved static fires, activation of the new Pad 2 at Starbase in Boca Chica, Texas, and integration of Raptor 3 engines.
A prior incident with an early V3 booster on the test stand in late 2025 contributed to the delay, necessitating additional assembly and qualification work.
Musk’s timeline updates have become a hallmark of the Starship program, often described with characteristic optimism.
SpaceX’s Starship V3 is almost ready and it will change space travel forever
While past targets have occasionally shifted by weeks, the rapid iteration pace remains impressive. However, don’t be surprised if this timeline shifts again, as Musk has been overly optimistic in the past with not only launches, but products under his other companies, too.
SpaceX continues to refine launch infrastructure, including new propellant loading systems and tower mechanisms designed to support higher cadence operations. A successful V3 flight could pave the way for more frequent tests, tower catches of both booster and ship, and progression toward operational reusability.
The v3 debut is viewed as a transition point for Starship, moving beyond experimental flights toward a system capable of supporting large-scale deployment of Starlink satellites, lunar landers, and interplanetary transport.
Success on IFT-12 would demonstrate not only the new hardware’s performance but also SpaceX’s ability to recover from setbacks and maintain momentum.
As the 4-to-6-week countdown begins, anticipation builds at Starbase. Teams are finalizing vehicle stacking, conducting final pre-flight checks, and preparing for regulatory approvals. The world will be watching to see if Starship V3 can deliver on its promise of transforming humanity’s access to space.
Elon Musk
SpaceX to launch military missile tracking satellites through new Space Force contract
SpaceX wins a $178.5M Space Force contract to launch missile tracking satellites starting in 2027.
The U.S. Space Force awarded SpaceX a $178.5 million task order on April 1, 2026 to launch missile tracking satellites for the Space Development Agency. The contract, designated SDA-4, covers two Falcon 9 launches beginning in Q3 2027, one from Cape Canaveral Space Force Station in Florida and one from Vandenberg Space Force Base in California. The satellites, built by Sierra Space, are designed to bolster the nation’s ability to detect and track missile threats from orbit.
The award falls under the National Security Space Launch Phase 3 Lane 1 program, which Space Force uses to move payloads to orbit on faster timelines and at more competitive prices. “Our Lane 1 contract affords us the flexibility to deliver satellites for our customers, like SDA, more easily and faster than ever before to all the orbits our satellites need to reach,” said Col. Matt Flahive, SSC’s system program director for Launch Acquisition, in the official press release.
SpaceX is quietly becoming the U.S. Military’s only reliable rocket
The SDA-4 contract is the latest in a long string of national security wins for SpaceX. As Teslarati reported last month, the Space Force recently shifted a GPS III satellite launch from ULA’s Vulcan rocket to SpaceX’s Falcon 9 after a significant Vulcan booster anomaly grounded ULA’s military missions indefinitely. That move made it four consecutive GPS III satellites transferred to SpaceX after contracts were originally awarded to its competitor.
This didn’t come without a fight and dates back years. SpaceX originally had to sue the Air Force in 2014 for the right to compete for national security launches, at a time when United Launch Alliance held a near monopoly on the market. Since then, the company has steadily displaced ULA as the dominant provider, and last year the Space Force confirmed SpaceX would handle approximately 60 percent of all Phase 3 launches through 2032, worth close to $6 billion.
With missile defense satellites now part of its launch manifest alongside GPS, communications, and reconnaissance payloads, SpaceX is giving hungry investors something to chew on before its imminent IPO.
Elon Musk calls out $2 trillion SpaceX IPO valuation as ‘BS’
Elon Musk reveals date of SpaceX Starship v3’s maiden voyage
