News
SpaceX’s Crew Dragon parachutes are almost ready for NASA astronauts
SpaceX says Crew Dragon’s upgraded “Mk3” parachutes are almost ready to safely return astronauts to Earth and need to pass just a few more consecutive tests before NASA will have the data it needs to qualify them.
Although SpaceX originally hoped to pursue a program of propulsive landing for Crew Dragon and Cargo Dragon space capsules, that effort was canceled to avoid the major cost increases and delays NASA’s qualification certification requirements would have triggered. Already designed with parachutes as a backup, SpaceX quickly pivoted and redesigned those parachutes as the primary (if not sole) method of gently landing astronauts back on Earth.
That decision was likely made in late 2016 or early 2017 and CEO Elon Musk announced the program’s cancellation – as well as plans for “Red Dragon” Mars landings – in July 2017. For the next 18 months, SpaceX worked with suppliers and NASA to design and test a parachute system up to the space agency’s extremely rigid standards. Coincidentally, Cargo Dragon suffered a significant (but survivable) parachute failure the same year when one of its three main chutes failed to deploy before splashdown. Additionally, Crew Dragon’s first “Mk1” parachutes suffered their own failures during testing.
A Mk2 variant was designed and built to account for Mk1’s issues, but it too suffered failures during field tests, particularly struggling to make it through tests simulating the failure of one Dragon’s main parachutes. As a result, NASA further required SpaceX to add a fourth parachute, requiring a whole new round of tests and experimentation due to the significantly different dynamics it introduced. Mk2 testing continued into 2019 but SpaceX quickly switched gears and worked with its supplier to design an even more upgraded “Mk3” parachute, building off of a cutting-edge program to model parachute deployment more accurately than ever before.
Over the course of 2019, SpaceX began to extensively test Mk3 parachutes with a variety of drop tests. Unfortunately, even Mk3 suffered a failure or two at first, leading SpaceX and its supplier to refine the design even further.
“[In October and November,] SpaceX says it successfully completed thirteen consecutive tests of Crew Dragon’s new Mk3 parachutes in less than two weeks. That essentially blew [NASA administrator Jim] Bridenstine’s expectations out of the water, as SpaceX surpassed his predicted 10 tests and did so barely three weeks into the tentative 12-week window he set. SpaceX now has plenty of time to either continue testing Crew Dragon’s parachutes or refocus its efforts on other equally important qualification challenges.
Prior to those thirteen consecutive successes, SpaceX suffered two failures during single-parachute Mk3 testing. The first two development tests of the Mk 3 design used loads much higher than the parachutes would ever see in operation in an effort to better understand overall design margins and system performance. After a period of rapid iteration with parachute provider Airborne Systems, the faults responsible for those two stress-test failures were resolved and subsequent drop tests confirmed that Mk3’s suspension lines – the numerous lines connecting the parachute to Crew Dragon – are far stronger than those on Mk2.”
Teslarati — November 3rd, 2019
In the latest chapter of the Crew Dragon parachute saga, on December 4th, SpaceX tweeted that the spacecraft’s upgraded Mk3 chutes recently completed their seventh successful “system test”. On November 3rd, CEO Elon Musk tweeted that one such multi-chute test had already been completed but said SpaceX wanted to successfully complete ten such consecutive tests before it would feel fully confident in the upgraded parachutes.
If the seven tests SpaceX is now describing are part of the same planned series that kicked off in early November, then those seven were likely consecutive successes and leave just three more tests (give or take) to go. Additional testing may well be required by SpaceX, NASA, or both parties, but if Mk3 continues to perform as well as it has over the last two months, Crew Dragon’s recovery systems ought to be well on their way to NASA certification. Once NASA gives the go-ahead on Crew Dragon’s parachutes (and every other facet of the spacecraft), SpaceX can proceed with its Demo-2 mission, set to be SpaceX’s inaugural astronaut launch and likely to mark the first time the US has launched its own astronauts in nearly nine years.
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Elon Musk
Musk bankers looking to trim xAI debt after SpaceX merger: report
xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. A new financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year.
Elon Musk’s bankers are looking to trim the debt that xAI has taken on over the past few years, following the company’s merger with SpaceX, a new report from Bloomberg says.
xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. Bankers are trying to create some kind of financing plan that would trim “some of the heavy interest costs” that come with the debt.
The financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year. Musk has essentially confirmed that SpaceX would be heading toward an IPO last month.
The report indicates that Morgan Stanley is expected to take the leading role in any financing plan, citing people familiar with the matter. Morgan Stanley, along with Goldman Sachs, Bank of America, and JPMorgan Chase & Co., are all expected to be in the lineup of banks leading SpaceX’s potential IPO.
Since Musk acquired X, he has also had what Bloomberg says is a “mixed track record with debt markets.” Since purchasing X a few years ago with a $12.5 billion financing package, X pays “tens of millions in interest payments every month.”
That debt is held by Bank of America, Barclays, Mitsubishi, UFJ Financial, BNP Paribas SA, Mizuho, and Société Générale SA.
X merged with xAI last March, which brought the valuation to $45 billion, including the debt.
SpaceX announced the merger with xAI earlier this month, a major move in Musk’s plan to alleviate Earth of necessary data centers and replace them with orbital options that will be lower cost:
“In the long term, space-based AI is obviously the only way to scale. To harness even a millionth of our Sun’s energy would require over a million times more energy than our civilization currently uses! The only logical solution, therefore, is to transport these resource-intensive efforts to a location with vast power and space. I mean, space is called “space” for a reason.”
The merger has many advantages, but one of the most crucial is that it positions the now-merged companies to fund broader goals, fueled by revenue from the Starlink expansion, potential IPO, and AI-driven applications that could accelerate the development of lunar bases.
News
Tesla pushes Full Self-Driving outright purchasing option back in one market
Tesla announced last month that it would eliminate the ability to purchase the Full Self-Driving software outright, instead opting for a subscription-only program, which will require users to pay monthly.
Tesla has pushed the opportunity to purchase the Full Self-Driving suite outright in one market: Australia.
The date remains February 14 in North America, but Tesla has pushed the date back to March 31, 2026, in Australia.
NEWS: Tesla is ending the option to buy FSD as a one-time outright purchase in Australia on March 31, 2026.
It still ends on Feb 14th in North America. https://t.co/qZBOztExVT pic.twitter.com/wmKRZPTf3r
— Sawyer Merritt (@SawyerMerritt) February 13, 2026
Tesla announced last month that it would eliminate the ability to purchase the Full Self-Driving software outright, instead opting for a subscription-only program, which will require users to pay monthly.
If you have already purchased the suite outright, you will not be required to subscribe once again, but once the outright purchase option is gone, drivers will be required to pay the monthly fee.
The reason for the adjustment is likely due to the short period of time the Full Self-Driving suite has been available in the country. In North America, it has been available for years.
Tesla hits major milestone with Full Self-Driving subscriptions
However, Tesla just launched it just last year in Australia.
Full Self-Driving is currently available in seven countries: the United States, Canada, China, Mexico, Australia, New Zealand, and South Korea.
The company has worked extensively for the past few years to launch the suite in Europe. It has not made it quite yet, but Tesla hopes to get it launched by the end of this year.
In North America, Tesla is only giving customers one more day to buy the suite outright before they will be committed to the subscription-based option for good.
The price is expected to go up as the capabilities improve, but there are no indications as to when Tesla will be doing that, nor what type of offering it plans to roll out for owners.
Elon Musk
Starlink terminals smuggled into Iran amid protest crackdown: report
Roughly 6,000 units were delivered following January’s unrest.
The United States quietly moved thousands of Starlink terminals into Iran after authorities imposed internet shutdowns as part of its crackdown on protests, as per information shared by U.S. officials to The Wall Street Journal.
Roughly 6,000 units were delivered following January’s unrest, marking the first known instance of Washington directly supplying the satellite systems inside the country.
Iran’s government significantly restricted online access as demonstrations spread across the country earlier this year. In response, the U.S. purchased nearly 7,000 Starlink terminals in recent months, with most acquisitions occurring in January. Officials stated that funding was reallocated from other internet access initiatives to support the satellite deployment.
President Donald Trump was aware of the effort, though it remains unclear whether he personally authorized it. The White House has not issued a comment about the matter publicly.
Possession of a Starlink terminal is illegal under Iranian law and can result in significant prison time. Despite this, the WSJ estimated that tens of thousands of residents still rely on the satellite service to bypass state controls. Authorities have reportedly conducted inspections of private homes and rooftops to locate unauthorized equipment.
Earlier this year, Trump and Elon Musk discussed maintaining Starlink access for Iranians during the unrest. Tehran has repeatedly accused Washington of encouraging dissent, though U.S. officials have mostly denied the allegations.
The decision to prioritize Starlink sparked internal debate within U.S. agencies. Some officials argued that shifting resources away from Virtual Private Networks (VPNs) could weaken broader internet access efforts. VPNs had previously played a major role in keeping Iranians connected during earlier protest waves, though VPNs are not effective when the actual internet gets cut.
According to State Department figures, about 30 million Iranians used U.S.-funded VPN services during demonstrations in 2022. During a near-total blackout in June 2025, roughly one-fifth of users were still able to access limited connectivity through VPN tools.
Critics have argued that satellite access without VPN protection may expose users to geolocation risks. After funds were redirected to acquire Starlink equipment, support reportedly lapsed for two of five VPN providers operating in Iran.
A State Department official has stated that the U.S. continues to back multiple technologies, including VPNs alongside Starlink, to sustain people’s internet access amidst the government’s shutdowns.
Musk bankers looking to trim xAI debt after SpaceX merger: report
SpaceX launches Crew-12 on Falcon 9, lands first booster at new LZ-40 pad
