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SpaceX’s Crew Dragon heat shield shown off after first orbital-velocity reentry

Crew Dragon displays its heat shield after the spacecraft's first orbital-velocity Earth reentry, March 8th. (NASA/Cory Huston)

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Following SpaceX’s successful debut launch, rendezvous, and recovery of Crew Dragon, NASA has published official photos documenting the scorched spacecraft’s Atlantic Ocean splashdown, GO Searcher’s recovery, and the duo’s return to Port Canaveral shortly thereafter.

Aside from offering a number of spectacularly detailed views of Crew Dragon after its inaugural orbital reentry, NASA’s photos also provide an exceptionally rare glimpse of the spacecraft’s PICA-X v3 heat shield, revealing a tiled layout that is quite a bit different from Cargo Dragon’s own shield. A step further, CEO Elon Musk offered updates on March 17th about progress being made towards a new, metallic heat shield technology meant to make ablative shields like those on Dragon outdated, serving as a striking bit of contrast to SpaceX’s newest spacecraft, potentially just a dozen or two months away from already becoming anachronistic.

Generally speaking, the basic appearance of Crew Dragon – compared alongside Cargo Dragon, ‘Dragon 1’ – after its first orbital reentry immediately suggests that one or several things about the new capsule and its reentry experience are quite a bit different from the Dragon reentries now familiar. Relative to Cargo Dragon, Crew Dragon appears to either have significantly different thermal protection along its leeward (downwind) section or experienced significantly a different thermal profile over the course of the handful of minutes spent in the period of peak heating.

Crew Dragon was lifted aboard recovery vessel GO Searcher shortly after splashdown, March 8th. (NASA/Cory Huston)

For the most part, both Dragon variants actually appear to be in similar condition, with most of the variance between capsules likely explained by their distinct aeroshells, particularly the four sloped protuberances enclosing Crew Dragon’s SuperDraco thruster pods. As a result of those pods, the hypersonic airstream and plasma tail of Crew Dragon likely ends up being quite a bit less stable, causing the somewhat haphazard patterns and streaks relative to Cargo Dragon’s more delineated leeward and windward characteristics. In fact, SpaceX CEO Elon Musk noted prior to launch that his only real concern or uncertainty centered around those new aerodynamic characteristics and the subsequent slight risk of instability during reentry.

Aside from Crew Dragon’s thruster pods and moderately different toast pattern, the next-generation spacecraft also features an intact and still-installed nosecone, a significant departure from Cargo Dragon’s own shroud, detached and permanently expended prior to reaching orbit. In the likely event that Crew Dragon’s reusable nosecone and associated waterproofing worked as intended, the myriad hardware situated beneath it – ranging from LIDAR and Draco thrusters to its relatively intricate international docking adapter (IDA) – should have been protected from both the violence of reentry and exposure to saltwater upon splashdown.

Crew Dragon arrives at the ISS, nosecone open. (NASA)
SpaceX's Crew Dragon is seen here in spectacular detail shortly before completing a flawless inaugural rendezvous with the International Space Station. (Oleg Kononenko/Roscosmos)
The interior of Crew Dragon’s nosecone is partially displayed here, just prior to docking with the ISS. (Oleg Kononenko/Roscosmos)

Meanwhile, the patterns on the more windward half of Crew Dragon indicate that Musk’s mild but open concerns with potential instability during reentry were predominately unwarranted, displaying scorch marks that suggest the spacecraft maintained its orientation quite successfully over six or so minutes of peak heating and buffeting. Much like almost every other aspect of Crew Dragon’s inaugural trip to orbit and back, the spacecraft performed its duties to a level of perfection so surreal that the SpaceX employees operating the craft – i.e. “on-console” – at points felt like it was too good to be true, searching for and anxiously awaiting anomalies that would have been par for the course of any spacecraft’s launch debut, let alone a system as complex as this one.

Despite their reasonable expectations of at least some sort of moderate to serious anomaly during flight, the monolithic narrative thus far offered by both SpaceX and NASA continues to indicate that Crew Dragon performed almost exactly as it was designed and built to. NASA deputy Commercial Crew Program manager Steve Stich went so far as to frankly state that “the vehicle really did better than [NASA] expected”, a touch underhanded but still high praise coming from a senior NASA Johnson Space Center manager.

SpaceX’s Crew Dragon is guided by four parachutes as it approaches splashdown in the Atlantic. (NASA)
Crew Dragon is lifted off the deck of SpaceX recovery vessel GO Searcher after safely arriving at Port Canaveral, March 10th. (NASA)
Crew Dragon is safely stationed aboard GO Searcher on its ‘dragon’s nest’. (NASA)
(NASA)

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Eric Ralph is Teslarati's senior spaceflight reporter and has been covering the industry in some capacity for almost half a decade, largely spurred in 2016 by a trip to Mexico to watch Elon Musk reveal SpaceX's plans for Mars in person. Aside from spreading interest and excitement about spaceflight far and wide, his primary goal is to cover humanity's ongoing efforts to expand beyond Earth to the Moon, Mars, and elsewhere.

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Elon Musk

Elon Musk reveals how SpaceX is always on board Air Force One

Musk confirmed Tuesday that Starlink internet is live and kicking on Air Force One. Responding with a simple “Yup!” to a post showing him and Nvidia CEO Jensen Huang aboard the presidential jet en route to Beijing with President Trump, Musk proved the point: America’s most important aircraft now has seamless, high-speed satellite connectivity—even over the middle of the Pacific.

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elon musk and donald trump in front of a tesla cybertruck at the white house
President Donald J. Trump purchases a Tesla on the South Lawn, Tuesday, March 11, 2025. (Official White House Photo by Molly Riley)

Air Force One, the official call sign for a U.S. Air Force aircraft carrying the President, now runs on SpaceX Starlink, CEO Elon Musk revealed.

Musk confirmed Tuesday that Starlink internet is live and kicking on Air Force One. Responding with a simple “Yup!” to a post showing him and Nvidia CEO Jensen Huang aboard the presidential jet en route to Beijing with President Trump, Musk proved the point: America’s most important aircraft now has seamless, high-speed satellite connectivity—even over the middle of the Pacific.

The timing couldn’t be more symbolic. With trillion-dollar CEOs and the President sharing the cabin, Starlink wasn’t just a nice-to-have—it was mission-critical. No more spotty signals or dropped calls. Instead, real-time video conferences, secure data transfers, and global coordination at Mach speed.

Starlink’s aviation push has already transformed commercial and private flying. Dozens of major airlines have signed on or begun rollouts.

Hawaiian Airlines, United Airlines, Qatar Airways, Air France, SAS, WestJet, airBaltic, and Emirates (now equipping its Boeing 777 and A380 fleets) offer Starlink Wi-Fi to passengers. Lufthansa plans to follow in late 2026.

On private jets, the upgrade is even hotter: owners and charter companies report skyrocketing demand because Starlink turns cabins into flying boardrooms.

Starlink gets its latest airline adoptee for stable and reliable internet access

The advantages are massive. Traditional in-flight Wi-Fi relied on slow, high-latency geostationary satellites or ground-based systems that cut out over oceans and remote areas. Starlink’s low-Earth-orbit constellation delivers blazing speeds—often exceeding 200 Mbps download with latency as low as 25-60 milliseconds—gate-to-gate, from takeoff to landing.

Passengers stream 4K video, join Zoom calls, or work in the cloud without buffering. Pilots get real-time weather, NOTAM updates, and live ATC data. Even private-jet travelers get the benefits, as it means productivity that rivals the office.

On Air Force One, those benefits become strategic superpowers. The presidential aircraft demands unbreakable communications for national security, diplomacy, and crisis response. Starlink provides global coverage with no dead zones, offering redundancy against traditional systems that could fail in contested airspace or during long-haul flights.

It enables the President and staff to maintain secure links with the Pentagon, allies, or business leaders anywhere on Earth. During the Beijing trip, it likely facilitated direct coordination on trade, tech, and AI—proving the system’s reliability for the highest-stakes missions.

Critics once dismissed Starlink as a rich-person toy or military experiment. Now, it’s the backbone of commercial fleets, private aviation, and the world’s most visible symbol of American power, and it is providing stable internet to travelers.

With over 2,000 commercial aircraft committed and private-jet installations booming, Starlink is rewriting the rules of connected flight, and it seems like each week, a new airline is choosing to use it for on-flight connectivity.

For Air Force One, it’s more than faster Wi-Fi. It’s uninterrupted command-and-control in an increasingly connected world—ensuring the President never has to go dark at altitude. Elon Musk just made sure of it.

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Elon Musk

SpaceX unveils sweeping Starship V3 upgrades ahead of May 19 launch

SpaceX has released a detailed list of changes for Starship Version 3, the next iteration of its fully reusable super-heavy-lift vehicle. Scheduled for its maiden flight as early as May 19 from Starbase in Texas, Starship V3 incorporates dozens of redesigns across the Super Heavy booster, Starship upper stage, Raptor 3 engines, and Launch Pad 2.

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SpaceX Starship V3 from Starbase, Texas on April 14, 2026
SpaceX Starship V3 from Starbase, Texas on April 14, 2026

SpaceX has unveiled sweeping upgrades to its Starship v3 rocket ahead of the upcoming May 19 launch.

SpaceX has released a detailed list of changes for Starship Version 3, the next iteration of its fully reusable super-heavy-lift vehicle. Scheduled for its maiden flight as early as May 19 from Starbase in Texas, Starship V3 incorporates dozens of redesigns across the Super Heavy booster, Starship upper stage, Raptor 3 engines, and Launch Pad 2.

Elon Musk reveals date of SpaceX Starship v3’s maiden voyage

The updates focus on simplification, mass reduction, reliability, and enabling core capabilities like rapid reusability, in-orbit refueling, Starlink deployment, and crewed missions to the Moon and Mars.

Collectively, these modifications mark a major step-change. By reducing dry mass, improving thermal protection, and integrating systems for orbital operations, Starship V3 aims to transition from test vehicle to operational infrastructure.

Here is an explicit, broken-down list of the key changes, first starting with the changes to Super Heavy V3:

  • Grid Fin Redesign: Reduced from four fins to three. Each fin is now 50% larger and stronger, repositioned for better catching and lifting performance. Fins are lowered on the booster to reduce heat exposure during hot staging, with hardware moved inside the fuel tank for protection.
  • Integrated Hot Staging: Eliminates the old disposable interstage shield. The booster dome is now directly exposed to upper-stage engine ignition, protected by tank pressure and steel shielding. Interstage actuators retract after separation.
  • New Fuel Transfer System: Massive redesign of the fuel transfer tube—roughly the size of a Falcon 9 first stage—enables simultaneous startup of all 33 Raptors for faster, more reliable flip maneuvers.
  • Engine Bay / Thermal Protection: Engine shrouds removed entirely; new shielding added between engines. Propulsion and avionics are more tightly integrated. CO₂ fire suppression system deleted for a simpler, lighter aft section.
  • Propellant Loading Improvements: Switched from one quick disconnect to two separate systems for added redundancy and reduced pad complexity.

Next, we have the changes to Starship V3:

  • Completely Redesigned Propulsion System: Clean-sheet redesign supports new Raptor startup, larger propellant volume, and an improved reaction control system while reducing trapped or leaked propellant risk.
  • Aft Section Simplification: Fluid and electrical systems rerouted; engine shrouds and large aft cavity deleted.
  • Flap Actuation Upgrade: Changed from two actuators per flap to one actuator with three motors for better redundancy, mass efficiency, and lower cost.
  • Faster Starlink Deployment: Upgraded PEZ dispenser enables quicker satellite release.
  • Long-Duration Spaceflight Capability: New systems for long orbital coasts, orbital refueling, cryogenic fluid management, vacuum-insulated header tanks, and high-voltage cryogenic recirculation.
  • Ship-to-Ship Docking + Refueling: Four docking drogues and dedicated propellant transfer connections added to support in-space refueling architecture.
  • Avionics Upgrades: 60 custom avionics units with integrated batteries, inverters, and high-voltage systems (9 MW peak power). New multi-sensor navigation for precision autonomous flight. RF sensors measure propellant in microgravity. ~50 onboard camera views and 480 Mbps Starlink connectivity for low-latency communications.

Next are the changes to the Raptor 3 Engine:

  • Higher Thrust: Sea-level Raptors increased from 230 tf (507k lbf) to 250 tf (551k lbf); vacuum Raptors from 258 tf (568k lbf) to 275 tf (606k lbf).
  • Lower Mass: Sea-level engine mass reduced from 1630 kg to 1525 kg.
  • Simpler Design: Sensors and controllers integrated into the engine body; shrouds eliminated; new ignition system for all variants. Results in ~1 ton of vehicle-level weight savings per engine.

Finally, the upgrades to Launch Pad 2 are as follows:

  • Faster propellant loading via larger farm and more pumps.
  • Chopstick improvements: shorter arms, electromechanical actuators (replacing hydraulic) for reliability.
  • Stronger quick-disconnect arm that swings farther away.
  • Redesigned launch mount for better load handling and protection.
  • New bidirectional flame diverter eliminates post-launch ablation and refurbishment.
  • Hardened propellant systems with separated methane/oxygen lines and protected valves/filters.

SpaceX states these elements “are designed to enable a step-change in Starship capabilities and aim to unlock the vehicle’s core functions, including full and rapid reuse, in-space propellant transfer, deployment of Starlink satellites and orbital data centers, and the ability to send people and cargo to the Moon and Mars.”

With these upgrades, Starship V3 is poised for an epic test flight that could accelerate humanity’s multiplanetary future. The rapid pace of iteration underscores SpaceX’s relentless drive toward making life multiplanetary. Launch watchers are in for a spectacular show.

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Investor's Corner

Tesla and SpaceX get latest synopsis from Wall Street legend Ron Baron

In a wide-ranging appearance on CNBC’s Squawk Box on May 12, legendary investor Ron Baron, founder, CEO, and portfolio manager of Baron Capital, reaffirmed his deep conviction in Elon Musk’s two flagship companies.

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Ron Baron on Tesla stock
Credit: CNBC

Legendary investor Ron Baron says he will continue buying stock of both Tesla and SpaceX, as he continues his support behind CEO Elon Musk, who he says is a special person and “brilliant.”

In a wide-ranging appearance on CNBC’s Squawk Box on May 12, legendary investor Ron Baron, founder, CEO, and portfolio manager of Baron Capital, reaffirmed his deep conviction in Elon Musk’s two flagship companies.

With assets under management approaching $55–56 billion, Baron detailed his firm’s substantial holdings, outlined plans for the anticipated SpaceX IPO, and painted an exceptionally optimistic picture for both Tesla (NASDAQ: TSLA) and SpaceX, framing them as generational opportunities that will reshape industries and deliver extraordinary long-term returns.

Baron Capital’s position in SpaceX has grown dramatically since the firm began investing around 2017. What started as roughly $1.7 billion has ballooned to more than $15 billion, making it the firm’s largest holding.

Tesla ranks second, valued at approximately $5 billion in the portfolio. Together with stakes in xAI and related Musk-led ventures, these investments account for roughly one-third of Baron Capital’s $60 billion in lifetime profits since 1992. Baron emphasized that the growth stems from Musk’s singular ability to execute ambitious visions—from reusable rockets to global satellite internet and beyond.

The centerpiece of the discussion was SpaceX’s expected initial public offering, targeted for mid-2026 following a confidential S-1 filing. Baron announced plans to purchase an additional $1 billion in shares at the IPO.

He described the company’s trajectory in sweeping terms: “This is going to become the largest company on the planet.”

He highlighted Starlink’s expansion of high-speed internet to every corner of the globe, the revolutionary economics of reusable rockets, and Starship’s potential to enable massive space-based data centers and interplanetary infrastructure.

Baron sees SpaceX not merely as a rocket company but as a platform poised for exponential scaling once it goes public, with post-IPO appreciation potentially reaching 10- to 20- or even 30-times current levels over the next decade or more.

On Tesla, Baron struck an equally enthusiastic note, declaring that “now is Tesla’s moment.” He projected the stock could reach $2,000 to $2,500 per share within 10 years—implying a market capitalization near $8.3 trillion and roughly 5–6 times upside from recent levels. While Tesla remains a major holding, Baron’s optimism centers on its evolution beyond electric vehicles into an AI, robotics, autonomous-driving, and energy platform.

He pointed to robotaxis, Full Self-Driving (FSD) technology, Optimus humanoid robots, energy storage, and the vast real-world data advantage from Tesla’s global fleet as catalysts that will fundamentally alter the company’s revenue model and valuation multiples. Baron views these developments as transformative, shifting Tesla from a traditional automaker to a high-margin technology and infrastructure powerhouse.

Throughout the interview, Baron’s admiration for Musk was unmistakable. He has likened the entrepreneur to a modern Leonardo da Vinci for his artistic, multidisciplinary approach to solving humanity’s biggest challenges.

Baron’s personal commitment mirrors this confidence: he has repeatedly stated he does not expect to sell a single share of his own Tesla or SpaceX holdings in his lifetime, positioning himself as the “last one out” after his clients. This stance underscores a philosophy of patient, long-term ownership rather than short-term trading.

Baron’s comments arrive at a time of heightened anticipation around SpaceX’s public debut, which could rank among the largest IPOs in history and potentially value the company at $1.5–2 trillion or more at listing.

For investors, his message is clear: the Musk ecosystem—spanning electric vehicles, autonomy, robotics, satellite communications, and space exploration—represents one of the most compelling secular growth stories of the era. While short-term volatility in tech and EV stocks may persist, Baron sees these as buying opportunities for those who share his multi-decade horizon.

In summarizing his outlook, Baron reinforced that the combination of technological breakthroughs, massive addressable markets, and Musk’s leadership creates asymmetric upside that few other investments can match.

For Baron Capital’s clients and long-term Tesla and SpaceX shareholders alike, the investor’s latest CNBC remarks serve as both validation and a call to remain patient through the inevitable ups and downs. As Baron sees it, the best days for both companies—and the returns they can deliver—are still ahead.

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