SpaceX
SpaceX bags 60th successful Falcon 9 launch eight years after rocket’s debut
Following the successful separation of the ~7 metric ton satellite Telstar 18V after a nominal orbit insertion, SpaceX’s venerable Falcon 9 rocket can now lay claim to a full 60 successful orbital missions completed over the course of its relatively brief eight-year career as a commercial launch vehicle.
Telstar 18V – the second heaviest commercial satellite ever launched into orbit – is now free to make its way into a final geostationary orbit ~35,800 km (~22,250 mi) above Earth’s surface, where it will serve the Eastern Hemisphere with a variety of communications services, ranging from TV to internet.
https://twitter.com/_TomCross_/status/1039020007987077121
After Falcon 9’s upper stage separated from the first stage and pushed onwards to a low Earth parking orbit, Falcon 9 Block 5 booster B1049 flipped around using an array of powerful cold-gas nitrogen thrusters and arced towards a now-routine drone ship landing roughly 700 kilometers off the Florida coast, breaking the satellite communications link as per usual before appearing aboard Of Course I Still Love You.
With Hurricane Florence nipping at the drone ship and its entourage’s heels, SpaceX will likely try to quickly usher the Falcon 9 booster back to Port Canaveral, where it will be offloaded, brought horizontal, and transported to a local facility for refurbishment ahead of its next flight, hopefully the first of many to come. Falcon 9 Block 5 has been designed – nominally – for rapid and extensive reusability, perhaps up to 100 flights per booster with routine maintenance (10 flights with minimal refurbishment) and turnaround as rapid as 24 hours for the same core. While it appears that there may be a significant amount of work left before those aspirational figures can be made real, Block 5 is clearly a major step forward for the Falcon 9 family and includes – aside from reusability – upgrades that will enable the rocket to launch NASA astronauts aboard Crew Dragon with extreme reliability.
- Falcon 9 B1049 and Telstar 18V. (SpaceX)
- Falcon 9 B1049 and Telstar 18V. (SpaceX)
- Falcon 9 B1049 and Telstar 18V. (SpaceX)
- Liftoff! (SpaceX)
- Falcon 9 B1049 completes its reentry burn. (SpaceX)
- Falcon 9 B1049 completes its reentry burn. (SpaceX)
- B1049 stands proud after a successful landing aboard drone ship OCISLY. (SpaceX)
- Falcon 9’s upper stage seen in orbit shortly after launch. (SpaceX)
- Falcon 9’s upper stage seen in orbit shortly after launch. (SpaceX)
- The 7060 kg Telstar 18V drifts gracefully away from Falcon 9 S2 into orbital glare. (SpaceX)
- The 7060 kg Telstar 18V drifts gracefully away from Falcon 9 S2 into orbital glare. (SpaceX)
- (Tom Cross)
Compared alongside almost all other modern rockets, Falcon 9 is exceptional for the sheer speed with which it has burst onto the commercial launch scene, with Boeing’s nearly-retired Delta II family of rockets the only vehicle to hold a candle to Falcon 9 in terms of competitive advantage. Delta II, which debuted in 1989, managed a thoroughly impressive seven launches in its first year of operations and a full 55 launches (53 successes, 1 partial failure, 1 total failure).
With one partial in-flight failure (a secondary payload loss during CRS-1), one total in-flight failure (CRS-7), and one on-pad failure (Amos-6), Falcon 9 is truly comparable with Delta II, although Boeing’s expendable launch vehicle has, of course, remained permanently expendable, and relied almost unilaterally upon the US government for all but a small handful of its first several dozen launches. SpaceX’s Telstar 18V success is just one of many examples of this difference of interest in commercial competition, and a full 12 of the 16 missions SpaceX has now launched in 2018 flew commercial satellites and were awarded to the launch company on a competitive basis.
https://twitter.com/_TomCross_/status/1039031282339127297
Up next for SpaceX is Argentinian Earth observation satellite SAOCOM-1A, scheduled to launch from California’s Vandenberg Air Force Base atop a flight-proven Falcon 9 Block 5 booster no earlier than October 7th.
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!
Elon Musk
Elon Musk responds to SpaceX’s ESG rating and says its rockets won’t go electric
It is safe to say SpaceX won’t be going for electric rockets anytime soon.
In a characteristically blunt reply on X, SpaceX frontman Elon Musk stated, “Unfortunately, electric rockets are impossible,” following reports that MSCI had assigned SpaceX its lowest possible ESG rating of CCC.
The assessment, issued just this past week, coinciding closely with SpaceX’s public market debut, placed the company on par with nations like Russia in sustainability scoring and cited significant risks in environmental, social, and governance areas.
MSCI flagged SpaceX’s exposure to rocket emissions and other operational impacts, alongside governance concerns such as concentrated control by Musk and limited shareholder protections. Musk’s terse comment directly addressed the environmental pillar, underscoring a core physical constraint that ESG frameworks often overlook when evaluating high-thrust industries.
Unfortunately, electric rockets are impossible
— Elon Musk (@elonmusk) June 21, 2026
Electric propulsion systems do exist and are widely used in space. Ion thrusters and Hall-effect thrusters accelerate ionized propellant, typically xenon or krypton, using electric fields, achieving very high specific impulse, often exceeding 3,000 seconds compared to roughly 300–450 seconds for chemical rockets.
This efficiency makes them ideal for satellite station-keeping, orbit raising, and deep-space missions where low thrust over long durations is sufficient. SpaceX’s own Starlink satellites employ electric propulsion for these purposes.
However, launching from Earth’s surface demands something entirely different: enormous thrust delivered rapidly to overcome gravity and atmospheric drag. A typical orbital-class booster must generate thrust far exceeding its weight, often in the millions of Newtons within seconds.
Chemical rockets achieve this through exothermic combustion of dense propellants, producing high-mass-flow, high-velocity exhaust. Electric systems, by contrast, expel very small amounts of mass at extremely high speeds. Generating equivalent thrust would require impractical onboard power levels, massive energy storage or generation systems, and prohibitive added mass, rendering the approach infeasible with current or near-term technology.
Musk has previously expressed a similar sentiment, noting a desire for electric orbital rockets while acknowledging the inescapable requirements of Newton’s third law and energy delivery. The distinction is clear: electric propulsion excels once a vehicle is already in space; it cannot replace the high-thrust chemical phase required to reach orbit from the ground.
The episode illustrates broader critiques of ESG ratings. Proponents argue they incentivize better risk management and long-term sustainability. Detractors, including Musk—who has previously called ESG a “scam”—contend that such metrics can penalize essential activities when no practical alternative exists, potentially discouraging innovation in sectors like space access.
Elon Musk dubs the S&P 500 ESG as “outrageous scam” after Tesla gets booted from index
SpaceX has sought to mitigate launch-related impacts through reusability: Falcon 9 boosters have flown more than 30 times in some cases, dramatically lowering the manufacturing and emissions burden per kilogram delivered to orbit. Starship’s design further emphasizes rapid reusability and methane propellant, which can theoretically be produced via sustainable pathways.
Ultimately, Musk’s remark serves as a reminder that certain engineering realities persist regardless of scoring systems. As humanity expands its presence in space for communications, science, and exploration, balancing genuine environmental progress with technological necessity remains a central challenge.
ESG frameworks may evolve, but the fundamental limits of electric launch propulsion are unlikely to change soon.
Investor's Corner
SpaceX is launching a secret spacecraft that could change how things are made in space
SpaceX’s secret disk-shaped Starfall capsule is targeting a market no reentry vehicle has cracked.
SpaceX is targeting Tuesday, June 23 for the first flight of Starfall, a reentry capsule the company has developed almost entirely in private. The Falcon 9 launch window opens at 6:43 a.m. ET from Space Launch Complex 40 at Cape Canaveral Space Force Station, with a backup window available the same time on June 24. SpaceX has made no public announcement about the vehicle, only providing launch details. Everything known about it has come through FAA and FCC regulatory filings.
What makes Starfall different starts with its shape. Rather than the traditional cone used by Dragon and every other cargo return capsule in operation, Starfall is a flat disk that measures roughly 10.2 feet (3.1 meters) wide and just 2.5 feet (0.75 meters) tall, and weighing 4,630 pounds (2,100 kg) and capable of returning up to 2,200 pounds (1,000 kilograms) of payload from orbit. The disk geometry maximizes structural efficiency and payload volume relative to mass, and the heat shield mechanically jettisons just before splashdown, allowing recovery teams to retrieve both the capsule and the shield separately from the Pacific Ocean.
The difference with Starfall from existing competitors, such as Varda Space Industries, which has largely built the orbital manufacturing market and returns heavy payloads per flight is that Starfall’s specification is roughly 30 times more per mission, and is designed to be mass-produced and launched on either Falcon 9 or Starship. That combination of volume and launch access is something no standalone startup can replicate, and it puts SpaceX in direct competition with the companies that currently pay it to reach orbit.
SpaceX to launch military missile tracking satellites through new Space Force contract
The intended market is orbital manufacturing: pharmaceuticals, protein crystals, semiconductors, and advanced optical fiber that physically cannot be produced in the presence of gravity. FAA documents describe Starfall’s long-term purpose as building a “self-sustaining commercial in-space manufacturing market” and as a potential successor to the industrial capabilities of the International Space Station, which is set to retire in the late 2020s. Military rapid global cargo delivery is a parallel application under active discussion with the Pentagon.
The reason some industries seek manufacturing in space comes down to gravity. On Earth, gravity causes materials to settle, separate, and deform during production. In microgravity, those constraints disappear.
SpaceX’s already controls launch access, which means it currently functions as the landlord for every competitor in the orbital manufacturing return space. Starfall converts that landlord position into vertical ownership, and it would no longer just carry other companies’ capsules to orbit, but rather operate the capsule, own the return logistics, and capture the service revenue directly. Viewed alongside Starlink, Colossus, and the xAI merger, Starfall fits a consistent pattern: SpaceX identifying infrastructure layers that others depend on and moving to own them outright. Orbital manufacturing return is the next layer on that list.
If Tuesday’s reentry, parachute sequence, and recovery demonstration goes as planned, the second FAA-approved test flight follows. A successful pair of demos would position SpaceX to begin offering Starfall as a commercial service, likely first to pharmaceutical and materials science customers before scaling toward the military and broader manufacturing segments.
Elon Musk
President Trump touts new Air Force One with Musk technology
President Donald Trump unveiled an upgraded Boeing 747-8 at Joint Base Andrews on June 19, 2026, describing the Qatar-gifted aircraft as an interim Air Force One equipped with advanced communications systems, including Starlink, Elon Musk’s SpaceX satellite internet service.
The plane, valued at around $400 million and modified for presidential use, serves as a bridge until the delayed VC-25B replacements arrive. Trump highlighted its luxury features and new technology during remarks to service members.
Trump stated:
“We have communication equipment up there that nobody’s ever seen before. It’s the highest level and, uh, including Starlink. My friend Elon is going to be very happy, but, uh, Starlink and we have, uh, four or five different sets of double and triple communications like people haven’t seen.”
He added:
“And it represents what can happen with hard work, innovation, and aggressive timelines because we did this quickly and yet there’s never been communication like is on this plane.”
🚨 President Trump confirmed today that the new Air Force One is equipped with Starlink:
“We have communication equipment up there that nobody’s ever seen before, it’s the highest level and including Starlink…my friend Elon is going to be very happy.” pic.twitter.com/IhkDmtr5hL
— TESLARATI (@Teslarati) June 20, 2026
The aircraft features a redesigned red, white, and blue livery and has been outfitted with Starlink satellite connectivity alongside other secure systems.
Trump praised the plane’s uniqueness, calling it among the world’s most luxurious. The gift from Qatar and subsequent modifications have drawn attention, with the jet positioned as a solution for presidential travel. It is expected to support operations, including potential ceremonial roles such as Fourth of July flyovers.
The event marked the formal introduction of the converted jet, which will help maintain capabilities while the primary Air Force One fleet undergoes modernization. Defense observers note the inclusion of commercial satellite technology like Starlink as part of efforts to ensure resilient communications, crucial to keep the country running as the President is in the sky.
President Trump’s comments underscored appreciation for rapid upgrades and innovation in equipping the aircraft. The plane remains a U.S. government asset and is slated for eventual transfer related to presidential library purposes after its service.











