News
SpaceX’s 99th Falcon launch checks off new rocket booster reuse record [updated]
Update: Right on schedule, SpaceX Falcon 9 booster B1049 lifted off from Cape Canaveral Air Force Station Launch Complex 40 (LC-40) carrying 58 Starlink satellites and three rideshare payloads from Earth observation company Planet.
A bit less than nine minutes after liftoff, B1049 performed a bullseye landing on drone ship Of Course I Still Love You (OCISLY), becoming the first Falcon 9 booster to successfully launch and land six times. Soon after, the expendable Falcon 9 upper stage reached orbit without issue and deployed three Planet SkySats to complete SpaceX’s third Starlink rideshare mission in two months.


Around T+45 minutes, SpaceX revealed that recovery ship GO Ms. Tree (formerly Mr. Steven) had successfully caught a Falcon fairing half for the fifth time – also the second catch of a twice-flown fairing. Seconds later, Falcon 9 deployed all 58 Starlink v1.0 satellites, completing SpaceX’s 11th Starlink mission and leaving almost 600 operational v1.0 satellites in orbit. With this success, SpaceX is now just four launches away from beginning a public Starlink internet beta test.



SpaceX is hours away from crossing off a major rocket reusability milestone while simultaneously attempting the 99th 100th launch of a Falcon rocket.
SpaceX’s 10th Starlink v1.0 satellite launch, 11th Starlink mission overall, and ninth Starlink launch this year is scheduled to lift off from Cape Canaveral, Florida no earlier than (NET) 10:31 am EDT (14:31 UTC) on Monday, August 18th. Carrying 58 Starlink spacecraft and three Planet SkySat Earth imaging satellites, Starlink-10 will be third mission of SpaceX’s Smallsat Rideshare Program. If the mission goes according to plan, SpaceX will end the day with some 585 operational Starlink satellites in orbit – ~69% of the way to the internet constellation’s initial operational capability (IOC).
If successful, Starlink-10 would leave SpaceX just four launches shy of one of the biggest milestones facing any satellite communications constellation.

100th launch while simultaneously launching the same Falcon 9 booster for the sixth time – a reusability first. (Richard Angle)
For Starlink, there are likely several different initial operational capability (IOC) milestones ahead of the constellation. As of July 2020, SpaceX says “hundreds” of private beta test participants – mostly SpaceX employees and their families – are already putting the nascent internet service through its paces.

More recently, the first public signs of those beta testers appeared via speed tests shared (intentionally or not) online, revealing Starlink internet speeds ranging from 10-60+ megabits per second (Mbps) and latency (ping) approaching what CEO Elon Musk said early customers should expect (20-30 ms). Already, latency alone puts Starlink internet service leagues above medium Earth orbit (MEO) and geostationary (GEO) competitors, while the speeds available to private beta testers are easily comparable to or better than existing satellite internet alternatives. Given that current beta-testers are only accessing a constellation of a few hundred satellites (of thousands planned) with user terminal prototypes, it’s safe to say that the quality of Starlink internet service can only improve.
While SpaceX is barely a tenth of the way to Starlink’s first ~4400-satellite phase, a May 2020 interview with Gwynne Shotwell revealed that the company intends to open the Starlink beta program to the public once 14 batches of satellites are safely in orbit. Based on recent FCC-SpaceX interactions, it appears that the company is excluding v0.9 satellite prototypes from the operational count, implying that said public beta can begin to roll out once the Starlink V1 L14 (Starlink-14) launch is complete and the satellite batch has boosted into its final orbit.

Main purpose aside, the Starlink-10 mission will also mark several major rocket milestones for SpaceX. Regardless of the outcome, the company will be just one launch shy from cresting the triple-digit
mark, reaching 100 Falcon 1, Falcon 9, and Falcon Heavy launch attempts since its 2005 launch debut. The mission will also be Falcon 9’s 92nd launch and – if successful – 91st success. Based on SpaceX’s activity in the last eight months, the company could feasibly complete another 7-9 launches, of which 4-5 would likely be Starlink missions.
To economically launch so many Starlink missions, SpaceX has dug deep into the reusability of its Falcon 9 rockets. In April, Falcon 9 B1048 became the first booster to launch five times, although an engine failure prevented a landing attempt. In June and August, another two Falcon 9 boosters successfully launched and landed for the fifth time. Now, Falcon 9 B1049 – the first SpaceX rocket to successfully launch and land five times – is set to become the first to launch (and hopefully land) six times with Starlink-10. If the schedule holds and Starlink-10 goes according to plan, SpaceX will have set two consecutive booster reuse records less than three months (75 days) apart.
Tune in at the link below to watch SpaceX’s Starlink-10 launch and landing live.
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Elon Musk
The Boring Company’s newest tunnel vehicle runs on Tesla parts and no one is driving it
The Boring Company’s new tunnel vehicle runs on Tesla Model 3 batteries and drive units.
The Boring Company just introduced a new piece of hardware, and it runs on parts pulled straight from a Tesla showroom. Liner Truck 3, unveiled in a post from the tunneling company’s official X account, is an all electric vehicle built around Tesla Model 3 battery packs and drive units, purpose built to move concrete tunnel segments to the boring machine face without a single person underground.
Introducing Liner Truck 3 — our latest fully electric tunnel vehicle.
– Tesla Model 3 battery and drive units
– Transports 22,000+ lb of concrete segments to the boring machine
– 28 miles of range
– 12 mph max operating speed
– Remotely piloted from Global OCC in Texas, with… pic.twitter.com/XB7FgSXnpy— The Boring Company (@boringcompany) August 7, 2026
The job itself is unglamorous but critical. Each precast segment run weighs more than 22,000 pounds, roughly the load of a full cement mixer, and Liner Truck 3 hauls that weight repeatedly between the surface staging area and wherever the Prufrock machine happens to be cutting.
The Boring Company said Liner Truck 3 is piloted remotely out of its Global Operations Control Center in Texas, extending the Zero-People-In-Tunnel approach the company has spent years building toward. An earlier version of a ZPIT liner truck was already tested at the company’s Bastrop, Texas research tunnels, and a factory tour released last month showed an employee flying a fully loaded liner truck with a PlayStation controller. Liner Truck 3 looks like the production version of that same idea, cleaned up and pushed into daily use.
The timing lines up with a company digging in more places than it ever has before. The Boring Company now has multiple Prufrock machines active or arriving in Nashville, where Music City Loop construction has been accelerating since February, and its Vegas Loop network keeps adding tunnel mileage on a near monthly basis. Every one of those projects depends on getting concrete segments to the cutting face fast enough to keep the boring machine from idling, which is exactly the bottleneck Liner Truck 3 is designed to remove.
It also reinforces something Tesla owners have watched happen gradually across Musk’s companies: passenger car hardware finding a second life in heavy equipment. Model 3 drive units already move people through the Vegas Loop, and now the same components are hauling concrete underground in Nashville and wherever The Boring Company digs next. Whether that kind of component reuse extends further into TBC’s equipment lineup, or into other Musk owned industrial hardware, is the next thing worth watching.
Elon Musk
Elon Musk and SpaceX shrugs off the trading day Wall Street feared most
SpaceX stock did the opposite of what most of Wall Street expected this week, when the day designed to be its most dangerous turned into a rally, and the rally kept going.
Thursday marked the first major lockup expiration since SpaceX’s June IPO, making roughly 911.5 million insider held shares eligible to trade for the first time, more than doubling the company’s public float. Analysts and short sellers had spent weeks bracing for a flood of selling, especially after the stock fell 13 percent following its first earnings report as a public company on Tuesday. Instead, shares rose 6.1 percent Thursday to close at $114.92, and by Friday they were trading near $129, up more than another 12 percent on the day.
SpaceX shorts get warned by Musk ally, echoing Tesla’s early struggles
The setup made the outcome notable. Short interest had climbed to roughly 34 percent of the float heading into earnings, among the highest of any large cap stock, with about 95 percent of available shares to borrow already on loan. CEO Elon Musk warned short sellers twice in the weeks before the lockup, writing on X that “the survival probability of firms who maintain a significant short position in SpaceX over time is very low,” then following up on the morning of earnings with “I try to warn them, but they just double down.”
When the newly unlocked shares hit the market and the selloff never showed up, some of that short position appears to have started unwinding. TipRanks reported that options activity shifted toward bullish strategies like put selling and risk reversals following the rally, with roughly $600 million in options premium trading Thursday alone. Retail buyers also stepped in during the earnings dip, according to Vanda Research.
The fundamentals behind the stock have not changed much in a week. SpaceX’s revenue nearly doubled year over year to $7.8 billion, with Starlink subscribers doubling to 12 million and the company’s AI segment growing 247 percent. What spooked investors on Tuesday was the spending side. Capital expenditures jumped to more than $18 billion for the quarter, up from $2.8 billion a year earlier, with AI investment alone rising from $749 million to $15.8 billion. Wall Street remains split on whether that spending is building infrastructure SpaceX needs or outrunning what the business can currently support, a debate Teslarati has tracked since shares first came under pressure.
None of that resolves the bigger question hanging over the stock. Thursday’s release was only the first of nine staggered lockup tranches, with roughly $800 billion worth of additional shares scheduled to become eligible through October, and Musk’s own stake stays locked until next June. If this week is any indication, the market is treating that supply as something it can absorb rather than something to fear, at least for now.
News
The Boring Company’s newest Vegas Station has a permit quietly waiting behind it
Sahara Las Vegas opened a new Vegas Loop station, joining an exclusive two resort transit club.
Sahara Las Vegas opened a new Vegas Loop station Thursday, giving The Boring Company’s underground transit system its northernmost stop yet on the Strip. The station sits at Sahara’s Paradise Road entrance, on the southeast corner of Las Vegas Boulevard and Sahara Avenue, and connects riders to the Las Vegas Convention Center, other Strip resorts on the network and, eventually, Harry Reid International Airport.
The addition makes Sahara the second resort, after Fontainebleau opened its own station in January, to get a stop built at street level rather than tucked into the property itself. Sahara now joins Westgate as the only two Strip resorts offering both a Vegas Loop station and a stop on the Las Vegas Monorail, giving guests two separate ways to get around without leaving the property.
The Boring Company just doubled its tunneling power in Nashville
The bigger news buried in Thursday’s announcement is what comes next. Boring Company has already secured its first permit to tunnel north of Sahara Avenue, extending the network beyond where it currently ends, even though permits to push the Loop toward downtown Las Vegas still haven’t been granted. Crews are also working on a two mile dual tunnel line running from Westgate to a planned station at 4744 Paradise Road, just north of Tropicana Avenue, that Las Vegas Convention and Visitors Authority CEO Steve Hill has said the company hopes to open in time for November’s Las Vegas Grand Prix.
Ridership has grown alongside the buildout. The Loop moved roughly 82,000 passengers during CONEXPO in early March, a total the company highlighted on its own X account at the time, and the system has now carried more than 4 million passengers through 11 open stations since it began running in 2021. The airport connector tunnels, meant to give the Loop a direct link to Harry Reid, have slipped past their original first quarter target and remain under construction, with Boring Company director Mike Baier saying that a full opening is still a few months out.
For Sahara, the calculation is straightforward. Convention traffic drives a large share of Loop ridership, and a station at the property’s front door gives conventiongoers one more reason to book rooms on the Strip’s north end instead of closer to the convention center itself.
