SpaceX
SpaceX’s Crew Dragon spaceship shown off in first high-res orbital portraits
Taken by Russian cosmonaut Oleg Kononenko, the first high-resolution photos of SpaceX’s Crew Dragon spacecraft have begun to trickle in, offering the best views yet of the advanced human-rated spacecraft in its natural habit: Earth orbit.
Filling in for a distinct and uncharacteristic lack of official photos from NASA, the spacecraft’s inaugural spaceflight had thus far only been documented through NASA’s own live coverage of its International Space Station (ISS) rendezvous, limited to a relatively low-quality stream. With Oleg’s extremely high-resolution captures, we can begin to see SpaceX’s Crew Dragon with a level of detail previously only seen (if ever) on the ground.
Stunning photos of Dragon 2 docking from Oleg Kononenko! https://t.co/Lu9zlKFPt9
He was monitoring from the Russian section, near the Soyuz, due to Rocosmos contingency procedures.
Hires set:https://t.co/lFuRSzlvpQ pic.twitter.com/6wrBqVDPOP
— NSF – NASASpaceflight.com (@NASASpaceflight) March 4, 2019
In all fairness to NASA, the ISS is operating with just three crew members, only one of which – Anne McClain – is a NASA astronaut. Particularly the case for an operation as critical as Crew Dragon’s inaugural orbital docking attempt, the task of controlling space vehicle rendezvous typically requires the full attention of one or two onboard astronauts – in this case, NASA’s Anne McClain and Canadian Space Agency (CSA) astronaut David Saint-Jacques. Veteran Russian cosmonaut Oleg Kononenko, however, was required by Roscosmos to remain in the Russian segment of the ISS in the event of a catastrophic anomaly during Crew Dragon’s approach to the station.
Just prior to launch, NASA broke the news that its Russian ISS partners had expressed concerns about the design of Crew Dragon’s approach trajectory, mainly focusing on the fact that a loss of control or communications while moving towards the station would leave no way for the spacecraft to naturally slow down. In other words, a dead spacecraft with a forward velocity would simply continue moving forward until it impacted the ISS, a bit like a semi-truck crash in slow motion (i.e. < 0.5 m/s or 1 mph). Weighing a hefty 12 tons (~26,600 lbs) during the arrival, even an extremely low-speed impact could undoubtedly do some damage to the ISS, although an actual hull breach (and thus a need to evacuate) would be extraordinarily unlikely. Still, Oleg was unable to significantly assist during the rendezvous itself, although the cosmonaut was front and center after Crew Dragon’s successful capture.
Taking advantage of the opportunity to observe, the cosmonaut was able to take a number of photos of Crew Dragon’s arrival, although the location of its docking port makes for a less than optimal perspective. Still, it’s hard to complain about any extremely high-quality photos of Crew Dragon, and Oleg’s are nothing short of spectacular. Highlighting the spacecraft’s nose section and docking port hardware, as well as limited views of its trunk section and body, this is quite possibly the first time SpaceX’s newest vehicle has been publicly shown off at this level of detail.
This privileged view includes a detailed look at Crew Dragon’s Draco maneuvering thrusters (elongated black ovals below SpaceX logo), two shrouds containing half of its SuperDraco abort thrusters (beneath the NASA meatball and flag emblem), the ‘Dragon Claw’ latch connecting the capsule and trunk (a smooth rectangle in the lower right), and even a (likely) duo of LIDAR arrays to the left and right of the docking adapter ring. Other notable appearances include the disposable trunk section’s radiators (a series of white rectangles visible on the left) and empennage, four fins meant to provide aerodynamic stability in the event of an abort. Just out of view is trunk’s sculpture-like solar array, curved to fit along the upper (relative) half of the section and fixed in place to minimize failure modes associated to deployable solar arrays like those used on Cargo Dragon.
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- Crew Dragon is backlit by an orbital sunrise over Earth’s limb on its inaugural March 2019 spaceflight. (Anne McClain)
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- Crew Dragon’s ISS approach. (Oleg Kononenko)
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- A better view of the solar array half of Crew Dragon’s trunk section. (NASA)
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- Cloooooser… (Oleg Kononenko)
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- (Oleg Kononenko)
After completing its successful space station docking debut on the morning of March 3rd, Crew Dragon is scheduled to depart the ISS and reenter Earth’s atmosphere for a soft landing in the Atlantic Ocean around 9 am PST (14:00 UTC) on March 8th. According to the SpaceX and NASA hosts of the live docking coverage, Crew Dragon’s DM-1 departure from the ISS will also be treated to a hosted webcast, potentially all the way through reentry and recovery aboard the customized SpaceX vessel GO Searcher. According to CEO Elon Musk, there is a slight but present chance of anomalous behavior during reentry due to aerodynamic instability caused by the shrouds covering Crew Dragon’s unique SuperDraco abort system, while NASA continues to have concerns (largely unexplained) about the spacecraft’s redundant parachute system.
Regardless of technical concerns, Crew Dragon’s reentry will be the final critical challenge in the way of completing its first demonstration launch (DM-1), proceeded by a flawless launch and equally flawless docking. If successful, it will explicitly pave the way for the spacecraft’s second demonstration mission (DM-2), in which two NASA astronauts will be transported to the ISS. That major milestone could occur as early as July, although slips are probable.
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Elon Musk
SpaceX IPO could push Elon Musk’s net worth past $1 trillion: Polymarket
The estimates were shared by the official Polymarket Money account on social media platform X.
Recent projections have outlined how a potential $1.75 trillion SpaceX IPO could generate historic returns for early investors. The projections suggest the offering would not only become the largest IPO in history but could also result in unprecedented windfalls for some of the company’s key investors.
The estimates were shared by the official Polymarket Money account on social media platform X.
As noted in a Polymarket Money analysis, Elon Musk invested $100 million into SpaceX in 2002 and currently owns approximately 42% of the company. At a $1.75 trillion valuation following SpaceX’s potential $1.75 trillion IPO, that stake would be worth roughly $735 billion.
Such a figure would dramatically expand Musk’s net worth. When combined with his holdings in Tesla Inc. and other ventures, a public debut at that level could position him as the world’s first trillionaire, depending on market conditions at the time of listing.
The Bloomberg Billionaires Index currently lists Elon Musk with a net worth of $666 billion, though a notable portion of this is tied to his TSLA stock. Tesla currently holds a market cap of $1.51 trillion, and Elon Musk’s currently holds about 13% to 15% of the company’s outstanding common stock.
Founders Fund, co-founded by Peter Thiel, invested $20 million in SpaceX in 2008. Polymarket Money estimates the firm owns between 1.5% and 3% of the private space company. At a $1.75 trillion valuation, that range would translate to approximately $26.25 billion to $52.5 billion in value.
That return would represent one of the most significant venture capital outcomes in modern Silicon Valley history, with a growth of 131,150% to 262,400%.
Alphabet Inc., Google’s parent company, invested $900 million into SpaceX in 2015 and is estimated to hold between 6% and 7% of the private space firm. At the projected IPO valuation, that stake could be worth between $105 billion and $122.5 billion. That’s a growth of 11,566% to 14,455%.
Other major backers highlighted in the post include Fidelity Investments, Baillie Gifford, Valor Equity Partners, Bank of America, and Andreessen Horowitz, each potentially sitting on multibillion-dollar gains.
Elon Musk
SpaceX considering confidential IPO filing this March: report
The filing could pave the way for a June listing at a valuation that may exceed $1.75 trillion.
SpaceX is reportedly preparing to confidentially file for an initial public offering (IPO) as soon as March. The filing could pave the way for a June listing at a valuation that may exceed $1.75 trillion, potentially making it the largest IPO in history.
The update was initially reported by Bloomberg News, which cited information shared by people reportedly familiar with the matter.
As per the publication, a confidential filing allows a company to receive regulatory feedback before publicly releasing its financials. Bloomberg’s source, however, noted that the timing of SpaceX’s IPO is still under discussion and plans could change.
SpaceX did not immediately respond to requests for comment.
A March submission would mark the clearest step yet toward bringing Elon Musk’s private space company into public markets. People familiar with the preparations said the offering could raise as much as $50 billion. That would surpass the $29 billion debut of Saudi Aramco in 2019, currently the largest IPO on record.
Major banks including Goldman Sachs Group Inc., JPMorgan Chase & Co., Morgan Stanley, and Bank of America Corp. are reportedly positioned for senior roles in the transaction. SpaceX is also said to be considering a dual-class structure that would allow insiders, including Musk, to retain enhanced voting control.
Satellite communications provider EchoStar Corp., which holds a stake in SpaceX, reportedly saw its shares rise following news of the potential filing.
At a valuation exceeding $1.75 trillion, SpaceX would immediately have a larger market cap than all but five of the companies traded in the S&P 500 index. That figure would place it ahead of Meta Platforms Inc. and Tesla Inc. by market capitalization, trailing only a small group of mega-cap firms such as Apple Inc. and Microsoft Corp.
The scale of the proposed valuation reflects SpaceX’s dominance in orbital launch services and its Starlink satellite network, which serves millions of users globally. The company has also outlined long-term expansion plans tied to higher Starship launch cadence, orbital infrastructure, and lunar development initiatives.
Elon Musk
Elon Musk outlines plan for first Starship tower catch attempt
Musk confirmed that Starship V3 Ship 1 (SN1) is headed for ground tests and expressed strong confidence in the updated vehicle design.
Elon Musk has clarified when SpaceX will first attempt to catch Starship’s upper stage with its launch tower. The CEO’s update provides the clearest teaser yet for the spacecraft’s recovery roadmap.
Musk shared the details in recent posts on X. In his initial post, Musk confirmed that Starship V3 Ship 1 (SN1) is headed for ground tests and expressed strong confidence in the updated vehicle design.
“Starship V3 SN1 headed for ground tests. I am highly confident that the V3 design will achieve full reusability,” Musk wrote.
In a follow-up post, Musk addressed when SpaceX would attempt to catch the upper stage using the launch tower’s robotic arms.
“Should note that SpaceX will only try to catch the ship with the tower after two perfect soft landings in the ocean. The risk of the ship breaking up over land needs to be very low,” Musk clarified.
His remarks suggest that SpaceX is deliberately reducing risk before attempting a tower catch of Starship’s upper stage. Such a milestone would mark a major step towards the full reuse of the Starship system.
SpaceX is currently targeting the first Starship V3 flight of 2026 this coming March. The spacecraft’s V3 iteration is widely viewed as a key milestone in SpaceX’s long-term strategy to make Starship fully reusable.
Starship V3 features a number of key upgrades over its previous iterations. The vehicle is equipped with SpaceX’s Raptor V3 engines, which are designed to deliver significantly higher thrust than earlier versions while reducing cost and weight.
The V3 design is also expected to be optimized for manufacturability, a critical step if SpaceX intends to scale the spacecraft’s production toward frequent launches for Starlink, lunar missions, and eventually Mars.
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