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Future SpaceX & Blue Origin rocket recoveries may use largest mobile crane in the US
Florida’s Canaveral Port Authority took delivery of what is now the largest mobile crane on U.S. soil, originally purchased in order to support both extremely large cargo ships (known as New-Panamax-class) and the unique needs of orbital-class rocket recovery operations for SpaceX’s Falcon 9 and Falcon Heavy and Blue Origin’s prospective New Glenn launch vehicle.
While there’s a good chance that SpaceX will avoid changing their current Port Canaveral recovery operations and the complement of cranes they already lease or own, Blue Origin will almost certainly take advantage of Port Canaveral’s vast new crane, capable of lifting more than 200 metric tons (~450,000 lbs) at heights greater than 50 meters (160 ft).
I know @AstroVicnet had some questions about the new mobile crane and how it will be used in Port Canaveral. Here is an explainer and how it connects to our Spaceport partners like @SpaceX and @blueorigin. #SpaceXFleet https://t.co/UQqItZbdIr
— Julia Bergeron (@julia_bergeron) January 19, 2019
To put the scale of the crane (and perhaps SpaceX and Blue Origin rockets) into perspective, Falcon 9’s booster – on its own – stands an incredibly 45m (~150 ft) tall or almost the same height as the LHM 600’s main boom (the gray cylinder/tower in the photos above), while Blue Origin’s New Glenn first stage – set to debut as early as 2021 – would tower an extraordinary 57.5m (~190 ft) tall, probably 60m if its small legs are deployed. While SpaceX’s BFR booster (now Super Heavy) is expected to attempt recoveries on the actual launch pad mount, it would stand around 63m (~210 ft) tall. New Glenn and Super Heavy are likely to weigh 50-150+ tons empty.
COLOSSAL CRANE ARRIVES: A 270-foot-tall mobile harbor crane billed as the largest in the United States sails into Port Canaveral aboard the cargo vessel Happy Dover on Friday morning. The 87-foot-long, 1.1-million-pound Liebherr LHM 600 is set to go into service later this year. pic.twitter.com/51DP8Hdb0w
— Port Canaveral (@PortCanaveral) January 18, 2019
The point is that for monolithic objects that are as tall as large rocket boosters, the logistics of actually moving them around can be surprisingly complex and challenging. SpaceX’s Falcon 9 and Heavy boosters happen to be short enough to be conveniently moved and manipulated by cranes that are quite large but still fairly common and easy enough to lease or purchase. SpaceX consistently uses similar tall, yellow cranes for the process of actually lifting Falcon 9 boosters – around 30t (~66,000 lbs) dry – off of their drone ships and onto land, while far smaller wheeled cranes can be used for the process of manipulating Falcon boosters once they are horizontal.
Given just how relatively light Falcon boosters are compared to their towering height, the cranes that can safely lift such tall and delicate objects tend to be designed to easily lift 5-10X as much weight at once. The next-generation rocket boosters (and even SpaceX’s Starship upper stage) will continue to push the height performance and begin to test the mass capabilities of modern cranes, particularly mobile varieties like the one that just arrived in Port Canaveral. One massive benefit of wheeled cranes like LHM 600 is how versatile and flexible they are, while tracked cranes like the largest ones SpaceX currently uses simply can’t move without risking the destruction of the ground beneath them, requiring that they use advanced mass-spreading technologies (i.e. giant beams of hardwood) wherever they crawl.
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- Another view of Port Canaveral’s shiny new LHM 600 crane shortly after arriving ashore. (Canaveral Port Authority)
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- Teslarati photographer Tom Cross managed to catch Port Canaveral’s new crane shortly after sunset, January 18th. (Tom Cross)
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- One of several large cranes used by SpaceX to vertically transport Falcon 9 and Falcon Heavy boosters is pictured here during third recovery of Falcon 9 B1046, December 2018. (Pauline Acalin)
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- New Glenn is a massive reusable rocket that will stand ~82m (270 ft) tall and be able to launch up to 45 metric tons (100,000 lb) to low Earth orbit (LEO). (Blue Origin)
Liebherr’s mobile harbor cranes offer a far more mobile solution in the form of traditional rubber tires and multiple large spreader plates that can be deployed and retracted when stationary. It will be genuinely interesting to see if SpaceX decides to replace its proven modes of vertical-lift recovery operations to gain the benefits of a crane that is new and an unknown quantity but could still simplify certain recovery operations. Perhaps even more importantly, the Canaveral Port Authority owns the new crane and apparently bought it with the specific intention of allowing companies like SpaceX and Blue Origin to use it – presumably for a reasonable fee – to assist during rocket recovery operations.
Elon Musk has firmly denied recent media reports suggesting that SpaceX has reduced its target valuation for an upcoming initial public offering.
The denial came directly from the SpaceX and Tesla frontman on his social media platform X, where he responded with a single word, “False,” to a post from ZeroHedge that cited Bloomberg sources.
This swift rebuttal underscores Musk’s ongoing effort to manage speculation surrounding one of the most anticipated market debuts in recent history.
False
— Elon Musk (@elonmusk) May 29, 2026
According to the disputed reports, SpaceX had lowered its IPO valuation goal to at least $1.8 trillion from previous ambitions exceeding $2 trillion.
The claims emerged amid growing anticipation for the company’s confidential S-1 filing, which positions it for a potential public listing as early as June.
Some had pointed to strong revenue growth, particularly from the Starlink satellite internet service, which contributed heavily to the firm’s 2025 figures of $18.7 billion. Yet challenges persist in other areas, including substantial investments and losses tied to ambitious projects like Starship development and artificial intelligence initiatives, which plan to make life multiplanetary eventually.
Musk’s response highlights a pattern in which he actively counters what he views as inaccurate portrayals of his companies’ trajectories.
SpaceX, already valued privately at extraordinary levels, stands as a cornerstone of Musk’s empire alongside Tesla and xAI. The entrepreneur has long emphasized the transformative potential of reusable rockets and global broadband access, factors that fuel investor enthusiasm despite operational hurdles.
By rejecting the valuation downgrade narrative, Musk signals confidence in SpaceX’s fundamentals and its readiness for public markets on terms favorable to its long-term vision. People have been waiting a very long time to invest in SpaceX, and the valuation, as well as the introductory share price, is not going to need adjusting.
They’ll have plenty of suitors.
This episode reflects broader dynamics in the technology sector, where rumors often swirl around high-profile entities. Musk’s direct engagement with media narratives serves to maintain transparency and control the narrative around his ventures.
As SpaceX prepares for greater scrutiny in public markets, the founder’s denial reinforces optimism about its prospects. Supporters argue that the company’s innovative edge positions it for enduring success, far beyond short-term valuation debates. With the denial now public, attention turns to forthcoming regulatory filings that could provide clearer insights into SpaceX’s strategy and financial health.
The coming weeks promise to reveal more about how SpaceX will transition into a publicly traded powerhouse.
Tesla’s dreams of operating a fully autonomous ride-hailing platform just took a massive step toward reality, as two separate events have indicated the company is perhaps closer than ever to achieving self-driving as a product.
On Thursday, Tesla was granted authorization by the State of Texas to operate driverless vehicles in a commercial manner. On May 28, Senate Bill 2807, passed by the 89th Texas Legislature, took effect after being passed back on September 1, 2025.
The bill establishes a statewide regulatory framework requiring authorization from the Texas Department of Motor Vehicles for companies to operate automated vehicles commercially on Texas roads.
This covers driverless, or SAE Level 4+, operations for passenger transport, meaning Robotaxi, or freight.
Tesla and other companies can self-certify their vehicles and tech as long as they:
- Operate in compliance with Texas traffic laws
- Maintain proper registration, title, and insurance
- Use compliant automated driving systems
- Record onboard activity and handle system failures and glitches safely.
The new authorization, which was first reported by James Stephenson on X, allows companies to utilize their own processes to determine if their vehicles are ready to operate without drivers.
🚨BREAKING:
Tesla has been authorized by the State of Texas to operate driverless vehicles commercially under the new law that took effect today, May 28th, 2026. Tesla has officially self-certified the software running on its robotaxis as Level 4. $TSLA pic.twitter.com/KSJdsvlaW5— James Stephenson (@ICannot_Enough) May 28, 2026
It is a rule that expedites the entire approval process, keeping agencies out of a usually long, lengthy, and frustrating task that is essential to technological advancements. It essentially means Tesla can launch commercial Robotaxi operations at this point.
On the very same day, Tesla continued the momentum as CEO Elon Musk shared a video of Cybercab units autonomously driving off the property at Gigafactory Texas. This is a major step in the story of the Cybercab.
Mass production of the Cybercab started at Giga Texas in April, and it is already heading out of the factory on its own.
Cybercab driving itself out of the GigaTexas factory pic.twitter.com/EwAMVVDjYy
— Elon Musk (@elonmusk) May 28, 2026
These two major events mark a drastic step forward in Tesla’s progress toward Cybercab and the permissions it needs to operate a self-driving ride-hailing service. Tesla is now able to operate autonomously under Texas law by self-certifying, and with the potentially imminent rollout of Cybercab, Tesla’s autonomous dreams are starting to take serious shape.
Elon Musk
The Tesla and SpaceX merger everyone is talking about is quietly building
Tesla and SpaceX may be closer to merging than Wall Street or either company is admitting.
Elon Musk has reportedly discussed merging Tesla and SpaceX with people close to him, according to CNBC, which cited sources familiar with the conversation. Tesla employees have long expected such a transaction and the topic is openly discussed internally, according to internal sources. With SpaceX is days away from kicking off its Wall Street roadshow for what could be the largest IPO in market history, this would be the first time the company will have public market currency to execute a stock-for-stock deal with Tesla.
The financial logic for a merger would make sense. A combined SpaceX and Tesla would create a conglomerate spanning rockets, satellites, electric vehicles, AI infrastructure, and energy storage valued at roughly $3.35 trillion to $3.6 trillion based on SpaceX’s IPO target range and Tesla’s current market capitalization. The two companies are already more intertwined than most people realize. SpaceX bought $697 million worth of Tesla Megapack systems for xAI data centers and $131 million worth of Cybertrucks. Tesla invested $2 billion in xAI, which subsequently merged with SpaceX. Past transactions also include Tesla selling solar equipment and parts to SpaceX, and SpaceX helping with Cybertruck materials.
Will Tesla join the fold? Predicting a triple merger with SpaceX and xAI
Musk himself signaled where this was heading in November 2025 when he posted on X, “My companies are, surprisingly in some ways, trending towards convergence.” Tesla and SpaceX announced a joint semiconductor fabrication facility in Austin called Terafab on the Gigafactory Texas campus, covering two advanced chip factories, with one serving Tesla’s AI needs for vehicles and Optimus robots, the other targeting space-based data centers under SpaceX’s infrastructure vision.
Wedbush analyst Dan Ives places the probability of a merger at 80% to 90% with a target completion in the first half of 2027. The mechanics of a deal became possible the moment SpaceX filed its S-1. Legal experts said a merger likely would not spark antitrust issues but would raise concerns among shareholders in each company, with questions around which company would be the parent, how a stock swap would take place, and who determines the appropriate price. Musk holds about 20% of Tesla’s equity but controls 85.1% of SpaceX’s voting power through a super-voting share class, meaning he would largely be negotiating the terms with himself.
Not everyone is convinced the timing is imminent. Traders on Kalshi place only 33% odds that a merger will happen before May 2027. The more immediate concern for Tesla shareholders is whether the SpaceX IPO pulls capital and Musk’s attention away from Tesla before any merger consolidates the upside for both.
What is clear is that the structural groundwork is already being laid. The Terafab announcement, the xAI merger, the shared supply chain, the cross-company balance sheet transactions, and now the IPO all point in the same direction. Whether the merger follows in 2027 or later, the two companies are already operating more like divisions of a single entity than independent competitors.
Elon Musk strikes down reports on SpaceX IPO rumors
Tesla’s Robotaxi dreams just took a massive step toward reality
