SpaceX
SpaceX’s Falcon 9 Block 5 set for first Cargo Dragon spacecraft launch
After a slight 24-hour delay at NASA’s request, SpaceX is ready to support Falcon 9 Block 5’s first launch of Cargo Dragon and the company’s 16th operational mission to resupply the International Space Station (ISS).
Carrying just under 2600 kg (5700 lbs) of science experiments, ISS hardware, and replenishable goods, CRS-16 will be the fifth time SpaceX has reused a Cargo Dragon capsule that has already been to orbit, with this particular capsule having launched in February and reentered in March of 2017.
To allow for time to replace parts of an @ISS_Research experiment, the launch of the @SpaceX cargo resupply mission to the International @Space_Station is now targeted for 1:16pm ET on Wed., Dec. 5. Details: https://t.co/EvShjud5ws pic.twitter.com/4Ug8xmfs69
— NASA (@NASA) December 4, 2018
Aside from being the first NASA-certified launch of SpaceX’s recent Block 5 upgrade to the Falcon rocket family, CRS-16 will become the first attempted East Coast land-landing of a Falcon 9 Block 5 booster, hopefully seeing B1050 safely recovered at one of the company’s two Landing Zones (LZ-1 or LZ-2) on the Florida coast. Above all else, this type of landing – known as a Return To Launch Site (RTLS) recovery – indicates that Falcon 9 is able to fly a fairly gentle launch and reentry trajectory, owing to a combination of a light payload and low-energy target orbit. As such, B1050 could be a prime candidate to break SpaceX’s launch turnaround record of 72 days – the new Block 5 booster will be subjected to one of the upgraded rocket’s gentlest landings yet.
2018 has been a landmark year for SpaceX’s program of Falcon 9 reusability, evidenced by the fact that a full 60% of the company’s 19 (20 if CRS-16 is a success) launches have flown on or with flight proven boosters. That impressive ratio is likely to only grow further as we head into 2019, to the extent that – by 2020 – the launch of a new Falcon 9 or Falcon Heavy booster could be downright rare.
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On the Dragon side of things, SpaceX completed the last launch of a wholly new Cargo Dragon in August 2017, nearly 16 months ago. Since then, all Cargo Dragon launches have featured refurbished capsules, although the spacecraft’s trunk section – featuring some propellant, solar arrays, and storage space – is expended after each mission and must thus be replaced. As of now, SpaceX has only one or two flightworthy Cargo Dragons left that have completed fewer than two trips to orbit and back, meaning that a minimum of two of the company’s remaining CRS-1 missions (CRS-17 through 20) will have to be their given capsule’s third orbital launch. Thankfully, Cargo Dragon has long been designed for three launches per capsule lifetime.
The first of those third orbital reflights will almost certainly kick off sometime next year. In the meantime, SpaceX’s CRS-16 launch will be livestreamed as usual and can be viewed here, beginning later today around 10am PST (1pm EST, 18:00 UTC).
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- A Cargo Dragon nears the ISS. (Oleg Artemyev)
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- A reused orbital spacecraft, Cargo Dragon, back on Earth after its second successful resupply mission. (SpaceX)
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- SpaceX’s LZ-1 pad just after a Falcon 9 landing. Note the black, radar-reflective paint. (SpaceX)
For prompt updates, on-the-ground perspectives, and unique glimpses of SpaceX’s rocket recovery fleet check out our brand new LaunchPad and LandingZone newsletters!
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SpaceX will report second quarter results after the market closes on Tuesday, August 4, marking the first time the company has opened its books to the public since its record IPO in June. Management will host a live audio only webcast at 4:30 p.m. ET, streamed on X, with no dial in option.
The debut carries more weight than a typical first quarter as a public company. Two trading days after the release, on August 6, the first tranche of SpaceX’s lockup expires, freeing roughly 911.5 million insider and employee shares, worth well over $100 billion at current prices and the largest such release in Wall Street history. A second, larger tranche tied to the stock trading 30 percent above its $135 IPO price never triggered, since shares have spent most of July trading below that price.
Wall Street’s models point to revenue near $6.9 billion for the quarter, up sharply from the $4.69 billion SpaceX reported in the first quarter, with a narrower per share loss than the $1.27 posted three months earlier, according to estimates compiled by Motley Fool. Those numbers will be the first look at how SpaceX’s three segments, Starlink, launch and AI, are performing independently.
SpaceX scores another massive Pentagon deal to support military satellites
Investors heading into the call have a specific list of questions. How many net new Starlink subscribers did SpaceX add after ending March with 10.3 million, and is average revenue per user holding up as the service expands into lower income markets. How much of the AI segment’s revenue reflects contract signings with Anthropic, Google and Reflection AI this year, deals that combined could annualize to nearly $28 billion if fully ramped. Whether capital expenditures, which nearly doubled in the AI segment alone between 2024 and 2025, are still accelerating or starting to plateau. And whether management offers any forward guidance at all, something SpaceX has never done publicly.
The report will also land days after Elon Musk publicly denied a Wall Street Journal report describing internal planning to separate Tesla’s China business ahead of a potential Tesla-SpaceX merger. Whether Musk or SpaceX executives address that speculation on the call, even indirectly, maybe something investors will be listening for on Tuesday.
As Teslarati reported after Musk’s own warning to short sellers last week, the CEO has made clear he expects skeptics to be proven wrong over time. Tuesday will be the first chance for the numbers themselves to make that case.
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Elon Musk
SpaceX’s Starship just got filmed by its own cargo
SpaceX released new footage of Starship in space captured by the Starlink satellites it deployed.
SpaceX released a new video Friday evening showing Starship from an angle showcased by its own Starlink satellites, watching the rocket drift away in orbit.
The 65 second clip, posted on X, stitches together footage from four cameras mounted on a single Starlink V3 satellite. It opens with a close view of Starship’s 171 foot upper stage, still catching sunlight, then pulls back as the two spacecraft separate.
The footage comes from Starship’s 13th flight test, which launched July 24 from Starbase after a scrubbed attempt and an abort caused by an engine issue the week before. When Flight 13 finally flew, it carried the first batch of functional Starlink V3 satellites Starship has ever deployed, twenty of them, with six equipped with cameras meant to scan the ship’s heat shield during reentry.
View of Starship in space from a Starlink V3 satellite on Flight 13.
This composite is made of imagery from four separate cameras on a single satellite. Six of the satellites were equipped with cameras to scan Starship’s heat shield and transmit imagery down to operators to… pic.twitter.com/sNTHHz5vLr
— SpaceX (@SpaceX) July 31, 2026
Flight 13 checked most of its boxes. Starship deployed all 20 satellites, relit a Raptor engine in space, and splashed down softly in the Indian Ocean off Western Australia. Musk’s longer term plan calls for a Starlink V3 constellation of 100,000 satellites, according to a recent FCC filing, with Starship as the only vehicle capable of launching them at the volume that requires. Each Starship flight is designed to carry up to 60 V3 satellites once the vehicle reaches routine service, well beyond what Falcon 9 can carry in a single mission.
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Starship is next expected to fly with an attempt at catching the ship itself with the launch tower’s mechanical arms, a maneuver SpaceX has so far reserved for the Super Heavy booster.
SpaceX just picked up another $1.6 billion from the Pentagon, with the U.S. Space Force awarding two task orders worth $1.6 billion to fly 18 Falcon 9 missions from Vandenberg Space Force Base in California through the end of 2027. The launches will carry satellites for the Space Based Sensing and Targeting portfolio, a set of programs meant to help the military detect and track airborne threats and relay that information across forces in near real time.
The award falls under National Security Space Launch Phase 3 Lane 1, the Space Force’s faster, commercial style procurement track for missions that do not require the military’s most demanding certification process. It is also the largest single order publicly disclosed under that program so far, and the first task order issued since the Space Force nearly tripled Lane 1’s contract ceiling from $5.6 billion to $17 billion on July 17.
SpaceX to become America’s Military data backbone for missiles, drones, and warfighters
Eric Zarybnisky, the Space Force’s acting portfolio acquisition executive for space access, said the entire process, from identifying the requirement to signing the contract, took about two months, including a month set aside for companies to prepare proposals.
SpaceX is not just launching these satellites. It already holds the contracts to build two of the programs within the same portfolio, $4.16 billion for the Space Based Airborne Moving Target Indicator system and $2.29 billion for the Space Data Network Backbone, which Teslarati covered in May. That means SpaceX is now responsible for both building key pieces of the military’s next generation sensing network and getting them into orbit.
With this latest award, SpaceX’s Pentagon contract total for 2026 alone tops $8 billion, adding to a defense portfolio that already includes the Golden Dome missile defense software group SpaceX joined in April and a string of GPS launches it inherited after ULA’s Vulcan rocket ran into a booster anomaly, which we detailed in March.
Lane 1’s vendor pool technically includes seven companies: SpaceX, ULA, Blue Origin, Rocket Lab, Stoke Space, Impulse Space, and Relativity Space. In practice, SpaceX remains the only provider with the combination of launch cadence, flight proven Falcon 9 hardware, and West Coast infrastructure to support a campaign requiring roughly one Vandenberg launch a month for the next year and a half.
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Some lawmakers have flagged the growing concentration of national security launches with one company as a risk worth watching. For now, the Space Force keeps backing SpaceX, with it being the company that shows up ready to launch.
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