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SpaceX gears up for Crew Dragon’s first recovery with a giant inflatable cushion
Paired with observations and comments from sources familiar with the company, all signs seem to indicate that SpaceX is planning to recover their first Crew Dragon spacecraft with a giant inflatable cushion, to be towed a hundred or so miles off the coast of California by one of the company’s Port of LA-stationed recovery vessels.
Despite a minor mishap during some sort of inaugural sea-trial of a custom Crew Dragon mass simulator, SpaceX technicians are pushing ahead with a test campaign intended properly characterize exactly how to best recover a Dragon while side-stepping around the problems caused by seawater immersion.
Inside the clean room at SpaceX HQ, Crew Dragon is nearing completion. This will be the capsule to make the first crewed flight, currently slated for April 2019.#spacex #CrewDragon @Teslarati pic.twitter.com/tjzuwfGV2O
— Pauline Acalin (@w00ki33) August 16, 2018
Why recover your Dragon?
First off, why would SpaceX choose to develop a new method of Dragon recovery – different than the company’s current experience with simply landing the capsules in the ocean – with the expectation that it will debut during the recovery of Crew Dragon after its very first demonstration mission (DM-1)? A huge number of unknowns and major questions remain, but the decision to attempt to avoid seawater immersion during the DM-1 Dragon recovery is very likely no coincidence.
Over the last several years, SpaceX engineers and technicians have learned a huge amount from recovering, refurbishing, and even reusing Cargo Dragons to resupply the International Space Station for NASA. Of all the lessons learned, the most unequivocal has to be a newfound appreciation for just how difficult it is to safely and reliably reuse spacecraft and rocket components after landing and being immersed in seawater. Despite SpaceX’s growing experience with reusing both Falcon 9 and Cargo Dragon, Dragons still typically require a bare minimum of 6-12 months of refurbishment before they are ready for another launch.
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- SpaceX’s CRS-13 Cargo Dragon, capsule C108, seen near the end of its refurbishment. (SpaceX)
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- A reused orbital spacecraft, Cargo Dragon, back on Earth after its second successful resupply mission. (SpaceX)
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- All Crew and Cargo Dragons are built and refurbished in the same processing facility, a clean-room inside SpaceX’s Hawthorne, CA factory. (SpaceX)
For Crew Dragon’s DM-1 debut, it thus makes sense that SpaceX wants to recover the spacecraft in such a way that it is exceptionally easy to rapidly refurbish. Perhaps just several months after that capsule returns to Earth, currently expected no earlier than December 2018, SpaceX’s first crewed Crew Dragon demonstration’s tentative April 2019 launch debut will depend entirely on the completion and review of an In-Flight Abort (IFA) test planned just one month prior, March 2019.
The planned IFA test of Crew Dragon hinges entirely on DM-1 and Dragon refurbishment because the present plan (and launch schedule) absolutely depends on reflying DM-1’s Crew Dragon capsule, potentially recovered from orbit as few as three months prior.
With a successful 2015 Pad Abort already under Crew Dragon’s belt, SpaceX voluntarily chose to conduct an additional complimentary in-flight abort not explicitly required by NASA, designed to demonstrate that Dragon will be able to safely extract astronauts from a failing rocket at the point of peak aerodynamic pressure (Max-Q). Essentially, a combination of successful aborts both on the launch pad and during Max-Q would theoretically demonstrate beyond any reasonable doubt that Crew Dragon really is capable of safely aborting a launch and protecting its astronauts at any point during launch.
Cargo Dragon has demonstrated that – apparently – no amount of heroics can refurbish the recovered spacecraft in just a small handful of months after seawater immersion, not without major changes to its design. As such, preventing that with some sort of inflatable cushion (or even Mr Steven’s net) would likely save many months of drying, cleaning, and requalification testing of all externally impacted components.
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- Cargo Dragon returns to Earth looking rather well-done. (SpaceX)
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- The first spaceworthy Crew Dragon capsule is already in Florida, preparing for its November 2018 launch debut. The same capsule will be refurbished and reflown as few as three months after recovery. (SpaceX)
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- SpaceX Crew Dragon capsule C203 – then assigned DM-2 – is seen here in August 2018. (Pauline Acalin)
How to recover your Dragon
While the “why” is fairly obvious at this point, the “how” of actually making such a cushioned recovery happen is far less clear. Still, we at least know from several recent comments from SpaceX CEO Elon Musk and statements made in environmental impact analyses that the company has been considering such recoveries for some time.
Despite the fact that Crew Dragon’s original propulsive landing capability was nixed due to the unlikelihood of NASA ever certifying it for crewed landings and the expense required to attempt that certification, there is still clearly some latent interest (and value) in precisely landing Crew Dragon, even if only to speed up capsule and crew recovery after splashdown. A March 2018 preliminary environmental impact analysis of Gulf of Mexico Dragon recoveries – as a backup to bad weather in the Pacific and Atlantic – made the interest in precision exceptionally clear.
“The splashdown zone is a circle with a radius of approximately 5.4 nautical miles. … Dragon has been designed to perform precision landings in order to minimize the size of the splashdown zone and recovery time.”
Admittedly, a circle with a diameter of 10.8 nautical miles (20 km) does not exactly scream “precision” and ~20 km is likely around a thousand times less precise than what’s needed to land on the 30m-diameter inflatable structure present at Berth 240, but it’s probable that the splashdown zone as discussed is a worst-case scenario meant to give SpaceX’s recovery team plenty of wiggle room.
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- Crew Dragon was originally designed with propulsive landings in mind, much like Falcon 9’s booster recovery. (SpaceX)
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- In place of propulsive landing, it appears that a giant inflatable cushion is the new solution for quick reuse. (Pauline Acalin)
Musk also took a few seconds of a Falcon Heavy post-launch press conference to briefly describe Mr Steven, and he just so happened to touch on fairing and Dragon recovery:
“And we’ve got a special boat to catch the fairing. … It’s like a giant catcher’s mitt in boat form. I think we might be able to do the same thing with Dragon. So…if NASA wants us to, we can try to catch Dragon. Literally, it’s meant for the fairing, but it would work for Dragon, too.” – Elon Musk
Mr Steven takes one for the team
Even more experimental than fairing recovery, SpaceX happened to experience a minor incident while attempting to test aspects of its prototype Dragon catcher apparatus in early August. Partially captured by Teslarati photographer Pauline Acalin, SpaceX technicians were lifting a Crew Dragon heatshield mass simulator with a healthy topping of buoys onto Mr Steven. Moments after it was lowered onto the deck, the whole setup disappeared below the vessel’s side rails in a massive boom.
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- The Crew Dragon mass simulator is loaded onto Mr Steven for the first time, August 3rd. (Pauline Acalin)
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- Shortly after touchdown, the mass sim disappeared with a deafening boom, presumably breaking through Mr Steven’s wooden deck. (Pauline Acalin)
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- SpaceX technicians lift a Crew Dragon mass simulator off of Mr Steven’s deck after accidentally breaking it. (Pauline Acalin)
According to sources familiar with SpaceX’s recovery fleet, the mishap was much less severe than the deafening noise it produced seemed to indicate from the sidelines. They described the aftermath as “an annoying accident” that was unlikely to take any significant amount of time to repair. More likely than not, Mr Steven’s wooden deck suffered some level of structural degradation after several years of active use, something that SpaceX technicians only discovered after loading (or maybe dropping) a heavy Dragon mass simulator aboard.
Regardless, one could certainly say that the test in question was more or less a success, as it most certainly demonstrated whether Mr Steven’s deck was actually capable of supporting the heavy test article (it was not). A few repairs and structural reinforcements later, the vessel is likely already back in working order, with photos taken on August 19th showing that the focus has returned to the vessel’s arms (two of which must have been removed earlier this week).
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!
Tesla has finally clarified the situation regarding the viral crash in Texas where a Model 3 slammed into a home.
CEO Elon Musk replied to reports on Monday that stated the crash was due to the company’s Full Self-Driving or Autopilot suite, which seemed unlikely to those who are familiar with it. Video showed the car slamming into a house at an excessive rate of speed, making it highly unlikely the crash was due to the suite’s operation, as it does not travel at those speeds in residential areas.
Musk said:
“This makes no sense. FSD drives slowly through neighborhood streets, and this was a high-speed crash!”
Tesla’s Head of AI, Ashok Elluswamy, added context, revealing that the company’s data shows the driver “manually overrode self-driving by pressing the accelerator all the way to 100%.”
He revealed the speed reached by the car was 73 MPH, and the accelerator was still pressed “even after the crash.”
Yup. In this case, the driver manually overrode self-driving by pressing the accelerator all the way to 100% of the accel pedal in this residential area. They reached a speed of 73 mph during the crash, and had the accelerator pressed even after the crash.
— Ashok Elluswamy (@aelluswamy) June 22, 2026
Authorities are reportedly investigating “whether Tesla’s Autopilot system played a role after a Model 3 left the roadway…slammed through a brick house at high speed and fatally struck Matha Avila as she sat inside,” the New York Post reported.
The National Highway Traffic Safety Administration (NHTSA) is now investigating the crash. Tesla will work with the agency to provide them with whatever information they need in order to clarify the cause of the crash.
Similarly, Tesla had claims of a fatal accident in Harris County, Texas, a few years ago. Early reports indicated that Full Self-Driving was the cause of the crash. After the National Transportation Safety Board (NTSB) worked with Tesla, the agency proved there was “no use of the Autopilot system at any time during this ownership period of the vehicle, including the time frame up to the last transmitted timestamp on April 17, 2021.”
Tesla alleged “driverless” crash in Texas: What is known so far
“Application of the accelerator pedal was found to be as high as 98.8 percent,” the NTSB said in their findings. The highest recorded speed in the five seconds leading up to the impact was 67 miles per hour. The area where the crash occurred is residential, and Texas State laws have default speed limits of 30 MPH in residential streets.
This appears to be a similar situation. However, an investigation will prove what happened for sure.
SpaceX announced today that it commenced its first-ever public bond offering, marking a significant step in the newly public company’s capital markets strategy.
The company announced an offering of senior unsecured notes expected to raise at least $20 billion.
The move comes just a short time after SpaceX completed one of the largest initial public offerings in history. In mid-June, the company priced shares at $135 and raised more than $85 billion, propelling founder Elon Musk’s net worth past the trillion-dollar mark and giving the firm substantial liquidity.
🚨 SpaceX has announced its inaugural offering of senior unsecured notes.
The net proceeds will be used to repay outstanding loans under its bridge loan facility in full.
This inaugural debt offering represents a financing milestone for SpaceX, which previously depended… pic.twitter.com/pcOZuVbTRv
— TESLARATI (@Teslarati) June 22, 2026
According to the company’s SEC filing, the net proceeds from the notes will be used primarily to repay in full the outstanding borrowings under its existing bridge loan facility, cover related fees and expenses, and fund general corporate purposes. The offering is being conducted under Rule 144A, as well as Regulation S, targeting qualified institutional buyers and non-U.S. investors. Notes will be unsecured obligations ranking equally with other unsubordinated debt.
The $20 billion bridge loan was used to refinance approximately $17.5 billion in higher-cost “junk” debt tied to X and xAI. SpaceX had merged with xAI in February 2026 in an all-stock deal. The bridge facility, which matures in September 2027, had represented the bulk of SpaceX’s long-term debt.
SpaceX officially acquires xAI, merging rockets with AI expertise
In connection with the bond launch, SpaceX disclosed it held approximately $100.8 billion in cash and cash equivalents as of June 19. Investor calls began on the announcement date, with pricing and launch expected shortly thereafter. Rating agencies have assigned investment-grade ratings to the proposed bonds, reflecting confidence in SpaceX’s dominant position in commercial launches and the growth trajectory of its Starlink internet offering.
The debt raise also allows SpaceX to optimize its balance sheet by replacing short-term, higher-cost bridge financing with longer-date, lower-cost fixed-income securities. This provides greater financial flexibility to support capital-intensive initiatives, including the development of Starship, the expansion of the Starlink constellation, and the integration of AI capabilities following the xAI combination.
SpaceX shares (NASDAQ: SPCX) fell sharply on the news, dropping over 16 percent overall on the market on Monday. The stock had surged initially after debuting but pulled back amid profit-taking and broader market dynamics.
Overall, the bond offering underscores SpaceX’s transition to a mature public company with access to diverse funding sources. It positions the firm to pursue its long-term vision of multiplanetary expansion and AI infrastructure, while maintaining a disciplined approach to its capital structure in a high-growth but capital-heavy industry.
SpaceX confirmed today that it has officially signed its third massive compute deal, providing compute at its Colossus data center in Southaven, Mississippi.
Reflection AI will gain immediate access to NVIDIA GB300 chips at SpaceX’s Colossus 2 data center. In return, Reflection will pay SpaceX $150 million per month starting on July 1, with total payments reaching approximately $6.3 billion if the contract runs through its duration, which is until 2029. Either party can terminate the agreement with 90 days’ notice after the initial three-month period.
CNBC first reported the deal.
🚨 SpaceXAI has agreed to a new compute deal with Reflection AI.
Reflection gets access to NIVIDIA GB300s, and will pay $150M per month to SpaceXAI for the compute. pic.twitter.com/bNPare8U5u
— TESLARATI (@Teslarati) June 22, 2026
This latest partnership highlights SpaceX’s strategy of commercializing its massive Colossus supercomputing infrastructure, originally developed to power Elon Musk’s Grok AI models. The company has rapidly expanded its customer base in the AI sector following its February 2026 merger with xAI, a transaction that valued the combined entity at $1.25 trillion.
SpaceX has previously signed significant compute deals with other major players.
It granted Anthropic exclusive access to the full capacity of its Colossus 1 data center, which exceeds 300 megawatts and includes over 220,000 NVIDIA GPUs. Details from SpaceX’s IPO filings indicate Anthropic will pay $1.25 billion per month through May 2029, potentially generating around $45 billion over the term of the deal.
Additionally, Google agreed to pay SpaceX $920 million per month for compute capacity from October 2026 through June 2029. This 32-month period will provide Google access to roughly 110,000 NVIDIA GPUs, along with supporting processors and memory. Capacity ramps up through September at a reduced fee, with termination options after the first year.
SpaceXA also established arrangements for computing power with Cursor, an AI coding startup. SpaceX acquired them in a $60 billion all-stock deal.
These arrangements position SpaceX’s collective position as an AI infrastructure powerhouse with high-margin revenue potential. The Google deal alone could generate nearly $29.5 billion over its term, while the Reflection contract adds another $6.3 billion.
Combined with the Anthropic arrangement, SpaceX stands to realize tens of billions in revenue from compute leasing in the coming years, which diversifies beyond SpaceX’s traditional rocket launches and Starlink operation.
The deals underscore growing demand for advanced AI training and inference capacity amid chip shortages and surging model development needs. Reflection, valued at $25 billion and focused on “American open intelligence” with government and national security ties, cited recent restrictions on closed models as validation for open-source approaches.
For SpaceX, the partnerships transform capital-intensive data centers into flexible revenue sources while supporting its broader AI ambitions after the company has gone public.
Tesla finally clarifies fatal Texas crash, confirms driver manually overrode acceleration
SpaceX makes $20 billion move to optimize its balance sheet
