Welcome to the Tesla Space newsletter, our 127th issue.

The biggest IPO in history lands this week, and Elon spent the run-up explaining how SpaceX intends to put AI data centers in orbit, where, as he likes to put it, it's always sunny.

Down here on Earth, meanwhile, FSD just kept quietly filling in the map.

Here's what's on the Tesla Space menu today:

  • Win your dream EV;

  • Tesla FSD stats from Netherlands already show 3.5x safer;

  • Denmark and Belgium approve FSD Supervised, and apparently Tesla is pursuing regulatory approval even in Ethiopia

  • Tesla M3 RWD beat EPA at Edmunds’ test

  • The Model Y outsold Hyundai and Kia in their own backyard;

  • SpaceX Roadshow documents, interview & new AI1 satellite launch

… and lots more. Enjoy!

— Jaan

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First up, our latest video, give it a watch: The Tesla SpaceX Merger is INSANE!

Done? Let's get on with the Tesla Space news this week

X OF THE WEEK

In the Netherlands, since the launch on April 10th to June 5th, Tesla logged just 3 collisions over 23.6 million km (14.3 million miles) on FSD Supervised, roughly 3.5 times safer than manual driving on the highway.

Some additional stats

  • 14.9x fewer automatic emergency braking events,

  • 8.8x less harsh acceleration,

  • 7.3x less harsh braking, and

  • 8.0x fewer hard swerves compared to its manually driven fleet.

Keep in mind that the 3.5x is also notable because the Netherlands is already one of the countries with the least traffic accidents. And we don’t have any info on the 3 collisions, which could have been all minor.

TESLA NEWS

Edmunds ran its real-world range loop and the Model 3 RWD hit 393 miles (632 km) on a single charge, beating its own EPA figure by 30 miles and topping the chart at 21.7 kWh per 100 miles. No oversized battery, just a very efficient car sipping electrons.

And it should keep sipping for a long time. A new iSeeCars study of 174 million cars put Tesla 6th of 32 brands for the odds of reaching 250,000 miles, ahead of Subaru, Volvo, Mercedes, Porsche and BMW, and 3rd among luxury marques. Toyota led the field at 17.8%. Fewer moving parts, fewer things to break. Who knew.

Quick rounds:

  • 🇰🇷 The Model Y topped South Korea's car sales in May with 8,762 registrations, the first imported car ever to do it, beating even Hyundai and Kia at home turf!

  • 🇩🇪 Tesla is hiring a Business Development Manager for Semi… in Germany!

  • Tesla has just introduced an all-new Coastal Blue color exclusively for the base Model Y in Europe for €1,300 ($1,500 USD), says it’s inspired by the California coastline:

  • 🇺🇸 For the US, Tesla upgraded the Model Y's two cheapest trims, the RWD and AWD, with the black headliner and larger 16-inch screen that used to be Premium-only, walking back a bit of the cost-cutting from last year's stripped-down Standard launch.

  • And if you're shopping, Tesla's one-year free Supercharging offer on the Model 3 Premium and Performance ends June 15.

  • After another reported slip to August, chief designer Franz von Holzhausen told a Tesla Takeover Europe crowd the Roadster reveal is "a few weeks" away. We’ll see…

  • Tesla has announced, with a video, that Actually Smart Summon will roll out to Cybertruck owners soon.

  • US Trade Representative Jamieson Greer will tour Tesla's Fremont factory in California this Thursday to highlight onshoring jobs and production lines. I wonder if we’ll see something interesting.

ROBOTAXI, FSD & CHIPS

🇩🇰 Denmark approved FSD Supervised, the 4th European country to greenlight it, after the Netherlands, Lithuania, and Estonia.

And then, just a few hours ago…

is it me or did we make this thumbnail real NFSU2-like

🇧🇪 Belgium made it five. On June 10, Flanders' mobility minister Annick De Ridder signed off on FSD Supervised, accepting that same Dutch provisional type-approval, and since Belgian approvals run through the regions, her signature covers the whole country. Tesla hasn’t announced this one yet since it’ll have to go the formal route. But we know.

The map is filling in fast. Tesla now has FSD Supervised in the approval pipeline in more than 20 countries, with 1.3 million Teslas already running the system worldwide, as a recent slide on Ashok Elluswamy’s presentation showed us:

The unexpected names on the list? 🇪🇹 Ethiopia and 🇮🇳 India. That one was not on our 2026 bingo card.

🇺🇸 Tesla filed an application to run paid robotaxis across Clark County, Nevada, with Las Vegas and its two airports included, asking regulators for clearance to put up to 5,000 vehicles on the road in the first year.

For perspective, the robotaxitracker. com still counts only about 2039 total driverless Teslas carrying passengers today, across Austin, Dallas, and Houston. Which is a big deal on its own, but a long way from thousands. Oh and we still see Cybercabs everywhere testing and sitting in lots waiting for that go-ahead.

TESLA ENERGY

(on video here)

Bastrop, Texas will soon become home to one of the largest solar cell and wafer production facilities in North America with SpaceX’s new investments in the area, creating thousands of jobs. Per Sawyer Merritt, the solar facility is already under construction, and the AI sat facility is expected to start initial production by the end of 2027.

Tesla turned the EVIO Supercharger in Nanuet, New York, the state's only privately owned Supercharger, into an FSD Supervised demo-drive location. Pull in, charge on a V4 stall, and take a free FSD demo from the same lot.

Also, Tesla's Supercharger site maps now render little 3D models of the actual cars (Cybertruck, Model 3, Y, S and X) sitting in each stall, so you can size up a site's layout and how busy it is before you pull in.

MUSKONOMY

SpaceX

SpaceX has launched a rather nice site for its IPO: spacexipo.com

Don’t miss the 60-page Roadshow Presentation they’ve uploaded (here). If you’ve ever wanted a full refresher on everything that makes SpaceXAI what it is, this is the one deck with nearly all explained with visuals!

For many brokerages, today is the last day to indicate any shares. IPO allocation will certainly be smaller than indicated shares for retail investors.

It will start trading under ticker $SPCX, at a fixed $135 a share. That is roughly a $1.75 trillion valuation and a $75 billion raise, the largest IPO ever recorded (Saudi Aramco's 2019 record was $29 billion).

And it is already said SpaceX has received orders for more than the shares available.

Even some European brokerages were given access, in a lot of cases for the first time ever to an US IPO.

With that IPO happening, SpaceX has ramped up communications and we just also got a new 30 minute interview with Elon Musk to talk about AI satellites, manufacturing and more. It was filmed at SpaceX Starlink terminal factory in Bastrop, Texas.

Elon:

“In order to make some progress on the Kardashev scale, we need to launch satellites to orbit earth and capture solar power, and that avoids the needs to build massive power plants on earth and deal with cooling. Cooling is much easier in space. What we intend to do is to climb the Kardashev scale.”

SpaceX officially unveiled its AI1 satellite, the first generation of its AI satellite.

Overall Specs:
• 150 kW peak compute payload
• 120 kW average compute payload
• 70 kW per ton
• Compute provider interchangeable

Dimensions:
• Wingspan: 70 meters
• Deployed height: 20 meters

Thermal System:
• 110 m² deployable liquid radiator
• Redundant pumping loops
• Integrated micrometeoroid shielding
• Deployable liquid radiators

Solar Power System:
• 150 kW solar array
• 250 W/m²
• SpaceX-manufactured solar technology from Bastrop, Texas

Architecture:
• Centralized compute module
• Large deployable solar arrays
• Deployable liquid-radiator thermal management system
• AI-focused compute satellite design ("AI1 satellite")

Terafab will be around 100M sqft. That’s 10x larger than Tesla's Giga Texas factory.

The current annual US consumption is 0.5TW. Terafab is set to output 1TW/year.

Elon is really just doing the Gigafactory thing all over again. Back then, the whole world didn’t produce enough lithium-ion batteries to the extent Teslas needed. So Tesla built it’s own.

Oh, and we also learned Google signed an $920M/month agreement with SpaceX, similarly to Anthropic, for SpaceX to provide compute capacity to Google. That means Anthropic and Google are now paying SpaceX a combined $2.17 billon per month for compute capacity… which is about $26B/year.

Starlink now has over 12 million active customers, up from 10.3M in March 2026 and 9M last December.

Starlink: In response to the Ebola outbreak in eastern Democratic Republic of Congo, the Starlink team has provided 150 kits to Africa CDC, enabling reliable connectivity for frontline health workers working in affected areas.

Oh, and my favorite thing about the SpaceX IPO?

It is estimated to create about 4,000 millionaires, purely out of the personnel. Including the welders and even someone working in the canteen who have been granted stock options since the early days.

COMMUNITY CORNER

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Concise is the entire job here, so I'll gladly take it.

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E said:

"Trying to figure out if SpaceX and Tesla are merging, will I automatically get SpaceX stock for my Tesla shares?"

— First off, that’s still a big IF, we won’t know before it happens. But IF it does, yes that is usually how it would go, in some specific ratio (depending on the valuation of each). Not financial advice here, but we’ll certainly keep you up to date if there’s any whispers around it.

See you next week for more,
— Jaan, Ted, and Sean.

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