The FAA granted the modified license to SpaceX, which has a $350 billion private market valuation, even though the company has yet to complete its mishap investigation, required after the January explosion. The space regulator has previously authorized flights by companies including SpaceX and Rocket Lab while mishap investigations were still underway, a spokesperson told CNBC by email.
Last year, the FAA fined SpaceX $633,009 in civil penalties for what it alleged were safety and procedural violations in the lead-up to two 2023 launches. SpaceX was also fined by the Environmental Protection Agency for polluting waters in Texas in violation of the Clean Water Act.
After those fines, Musk threatened to sue the FAA for "regulatory overreach" but never filed a complaint.