SpaceX
SpaceX, NASA ready for first astronaut launch from US soil in nearly a decade
NASA and SpaceX have confirmed that the private spaceflight company’s historic astronaut launch is officially set to blast off on May 27, marking the return of human spaceflight to U.S. soil for the first time since 2011.
During the mission, known as Demo-2, NASA astronauts Bob Behnken and Doug Hurley will launch to the International Space Station on a SpaceX Falcon 9 rocket. This flight will mark the first time astronauts have launched from American soil in nearly a decade, following the retirement of the shuttle program.
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- Space Crew Dragon (Credit: NASA)
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- Bob Behnken and Doug Hurley will launch to the space station on May 27, 2020. Credit: NASA
It is also the final test flight of SpaceX’s Crew Dragon spacecraft. If all goes as planned, the gumdrop-shaped capsule will carry a crew of four astronauts later this year.
Liftoff for Demo-2 is set for 4:32 p.m. EDT (2032 GMT) from NASA’s historic launch pad 39A at the agency’s Kennedy Space Center in Florida — the same site that hosted NASA’s storied Apollo and shuttle programs.
https://twitter.com/JimBridenstine/status/1251178705633841167?s=20
NASA has not set a specific duration for the mission yet; that will likely be determined once the crew arrives on station. NASA launched a new web page dedicated to the mission, describing it as simply “an extended stay at the space station,” for now.
Behnken and Hurley will join fellow NASA astronaut Chris Cassidy, who launched to the station on April 10. Many of the details are still being ironed out, but we do know that Hurley will be the mission’s commander, and Behnken will serve as joint operations commander. Each will be tasked with specific duties during flight, with Hurley focusing on launch, landing, and recovery. Behnken will handle docking and undocking, as well as any activities while the Dragon is docked with the station.
Once the crew finishes its mission, Behnken and Hurley will return to Earth, splashing down in the Atlantic Ocean, off the Florida coast. From there, the capsule will be retrieved by a SpaceX recovery ship.
SpaceX made history in 2012 by becoming the first private company to send a spacecraft to the International Space Station. Now, that cargo-carrying Dragon has been upgraded to carry a new type of cargo: people.
To prepare for the historical journey, SpaceX had to prove that the craft was capable and safe to transport astronauts. To that end, the company launched an uncrewed test flight in March 2019. Dubbed Demo-1, that mission was a huge success, with the Crew Dragon capsule performing as expected.
Earlier this year, in January, SpaceX completed a crucial test of the Falcon and Dragon’s safety system. Known as a launch escape system, the technology is designed to push the capsule to safety in the event something goes wrong during the climb to orbit. Musk and NASA described that launch as “picture-perfect.”
That brief test was the last major hurdle that SpaceX had to complete before it was given the go-ahead to launch the crewed test flight. In the intervening months, the crew, as well as team members in launch control, have been busy running simulations and practicing essential launch day procedures.
While SpaceX will be the first to launch people, they are not alone in the quest to return human spaceflight to American soil. In 2014, NASA selected SpaceX and Being to design and build spaceships capable of transporting astronauts to and from the space station. Boeing launched its uncrewed test flight in December 2019; however, that flight failed to reach the station because of some issues with the vehicle’s software.
As such, Boeing has decided to fly a second uncrewed flight before astronauts climb aboard its Starliner spacecraft.
Investor's Corner
SpaceX IPO is coming, CEO Elon Musk confirms
However, it appears Musk is ready for SpaceX to go public, as Ars Technica Senior Space Editor Eric Berger wrote an op-ed that indicated he thought SpaceX would go public soon. Musk replied, basically confirming it.
Elon Musk confirmed through a post on X that a SpaceX initial public offering (IPO) is on the way after hinting at it several times earlier this year.
It also comes one day after Bloomberg reported that SpaceX was aiming for a valuation of $1.5 trillion, adding that it wanted to raise $30 billion.
Musk has been transparent for most of the year that he wanted to try to figure out a way to get Tesla shareholders to invest in SpaceX, giving them access to the stock.
He has also recognized the issues of having a public stock, like litigation exposure, quarterly reporting pressures, and other inconveniences.
However, it appears Musk is ready for SpaceX to go public, as Ars Technica Senior Space Editor Eric Berger wrote an op-ed that indicated he thought SpaceX would go public soon.
Musk replied, basically confirming it:
As usual, Eric is accurate
— Elon Musk (@elonmusk) December 10, 2025
Berger believes the IPO would help support the need for $30 billion or more in capital needed to fund AI integration projects, such as space-based data centers and lunar satellite factories. Musk confirmed recently that SpaceX “will be doing” data centers in orbit.
AI appears to be a “key part” of SpaceX getting to Musk, Berger also wrote. When writing about whether or not Optimus is a viable project and product for the company, he says that none of that matters. Musk thinks it is, and that’s all that matters.
It seems like Musk has certainly mulled something this big for a very long time, and the idea of taking SpaceX public is not just likely; it is necessary for the company to get to Mars.
The details of when SpaceX will finally hit that public status are not known. Many of the reports that came out over the past few days indicate it would happen in 2026, so sooner rather than later.
But there are a lot of things on Musk’s plate early next year, especially with Cybercab production, the potential launch of Unsupervised Full Self-Driving, and the Roadster unveiling, all planned for Q1.
News
SpaceX reportedly mulling IPO, eyeing largest of all time: report
“I do want to try to figure out some way for Tesla shareholders to participate in SpaceX. I’ve been giving a lot of thought to how to give people access to SpaceX stock,” Musk said.
SpaceX is reportedly mulling an initial public offering, eyeing what would be the largest valuation at the time of availability of all time, a new report from Bloomberg said on Tuesday.
It is one of many reports involving one of Elon Musk’s companies and a massive market move, as this is not the first time we have seen reports of an IPO by SpaceX. Musk himself has also dispelled other reports in the past of a similar nature, including an xAI funding round.
SpaceX and Musk have yet to comment on the report. In the past, untrue reports were promptly replied to by the CEO; this has not yet gained any response, which is a good sign in terms of credibility.
However, he said just a few days ago that stories of this nature are inaccurate:
“There has been a lot of press claiming SpaceX is raising money at $800B, which is not accurate. SpaceX has been cash flow positive for many years and does periodic stock buybacks twice a year to provide liquidity for employees and investors. Valuation increments are a function of progress with Starship and Starlink and securing global direct-to-cell spectrum that greatly increases our addressable market. And one other thing that is arguably most significant by far.”
There has been a lot of press claiming @SpaceX is raising money at $800B, which is not accurate.
SpaceX has been cash flow positive for many years and does periodic stock buybacks twice a year to provide liquidity for employees and investors.
Valuation increments are a…
— Elon Musk (@elonmusk) December 6, 2025
Musk has discussed a potential IPO for SpaceX in recent months, as the November 6 shareholder meeting, as he commented on the “downsides” of having a public company, like litigation exposure, quarterly reporting pressures, and other inconveniences.
Nevertheless, Musk has also said he wants there to be a way for Tesla shareholders to get in on the action. At the meeting in early November, he said:
“I do want to try to figure out some way for Tesla shareholders to participate in SpaceX. I’ve been giving a lot of thought to how to give people access to SpaceX stock.”
Additionally, he added:
“Maybe at some point., SpaceX should become a public company despite all the downsides of being public.”
Musk has been historically reluctant to take SpaceX public, at times stating it could become a barrier to colonizing Mars. That does not mean it will not happen.
Bloomberg’s report cites multiple unidentified sources who are familiar with the matter. They indicate to the publication that SpaceX wants to go public in mid-to-late 2026, and it wants to raise $30 billion at a valuation of around $1.5 trillion.
This is not the first time SpaceX has discussed an IPO; we reported on it nine years ago. We hope it is true, as the community has spoken for a long time about having access to SpaceX stock. Legendary investor Ron Baron is one of the lucky few to be a SpaceX investor, and said it, along with Tesla, is a “lifetime investment.”
Tesla bull Ron Baron reveals $100M SpaceX investment, sees 3-5x return on TSLA
The primary driver of SpaceX’s value is Starlink, the company’s satellite internet service. Starlink contributes 60-70 percent of SpaceX’s revenue, meaning it is the primary value engine. Launch services, like Falcon 9 contracts, and the development of Starship, also play supporting roles.
SpaceX reached an incredible milestone with its Starlink program with a launch last night, as the 3,000th satellite of the year was launched into low Earth orbit.
On Monday, SpaceX also achieved its 32nd flight with a single Falcon 9 rocket from NASA’s Kennedy Space Center.
The mission was Starlink 6-92, and it utilized the Falcon 9 B1067 for the 32nd time this year, the most-used Falcon booster. The flight delivered SpaceX’s 3000th Starlink satellite of the year, a massive achievement.
There were 29 Starlink satellites launched and deployed into LEO during this particular mission:
Falcon 9 launches 29 @Starlink satellites from Florida pic.twitter.com/utKrXjHzPN
— SpaceX (@SpaceX) December 9, 2025
SpaceX has a current goal of certifying its Falcon boosters for 40 missions apiece, according to Spaceflight Now.
The flight was the 350th orbital launch from the nearby SLC-40, and the 3,000 satellites that have been successfully launched this year continue to contribute to the company’s goal of having 12,000 satellites contributing to global internet coverage.
There are over five million users of Starlink, the latest data shows.
Following the launch and stage separation, the Falcon 9 booster completed its mission with a perfect landing on the ‘Just Read the Instructions’ droneship.
The mission was the 575th overall Falcon 9 launch, highlighting SpaceX’s operational tempo, which continues to be accelerated. The company averages two missions per week, and underscores CEO Elon Musk’s vision of a multi-planetary future, where reliable connectivity is crucial for remote work, education, and emergency response.
As Starlink expands and works toward that elusive and crucial 12,000 satellite goal, missions like 6-92 pave the way for innovations in telecommunications and enable more internet access to people across the globe.
With regulatory approvals in over 100 countries and millions of current subscribers, SpaceX continues to democratize space, proving that reusability is not just feasible, but it’s also revolutionary.
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