News
SpaceX surprises after recovering spacecraft 'trunk' in one piece
In a surprise twist, SpaceX has recovered an expendable ‘trunk’ that launched with Crew Dragon on its January 19th In-Flight Abort (IFA) test, in which the spacecraft successfully escaped from an exploding Falcon 9 rocket.
While recovering pieces of Dragon’s disposable trunk would not have been shocking, SpaceX has returned this particular Crew Dragon trunk to shore in a condition that can only be described as unscathed. The surprise came first on the evening of January 19th, when two separate SpaceX ships returned to Port Canaveral — first and foremost bringing Crew Dragon capsule C205 back to dry land for inspection and possible reuse. However, a separate ship – GO Navigator – followed the ship carrying Crew Dragon not long after, revealing a shockingly intact Dragon trunk on its deck.
At 10:30 am EST (15:30 UTC) on January 19th, Falcon 9 booster B1046, an expendable upper stage, and the newest Crew Dragon spacecraft lifted off from Kennedy Space Center (KSC) Launch Complex 39A (Pad 39A) on the spacecraft’s second-ever integrated launch. Designed to push Crew Dragon’s abort systems to their limits, the spacecraft ignited its SuperDraco thrusters around 85 seconds after liftoff, soaring away from a supersonic Falcon 9 and triggering the rocket’s catastrophic (but expected) explosion around 10 seconds later.
A bit like pushing against a wall, Crew Dragon had to fight uphill against a continuous supersonic blast of air to escape the Falcon 9 rocket that launched it, likely adding tens of thousands of pounds (several dozen metric tons) of additional pressure spread out over the top of the capsule. The spacecraft and its detachable trunk section – carrying a solar array, radiators, and four fins – appeared to survive the experience without issue.


The capsule’s SuperDraco engines shut off after about 10 seconds, leaving the integrated spacecraft to coast to an apogee of ~40 km (25 mi), where it finally detached its trunk (pictured above). Designed to be disposable, Crew Dragon features a trunk functionally similar to the one SpaceX has flown almost 20 times on Cargo Dragon (Dragon 1) missions. Crew Dragon’s trunk looks quite a bit different, stretching taller and featuring an interesting conformal solar array (vs. Dragon 1’s deployable panels), as well as radiators (white rectangular panels) the spacecraft needs to maintain thermal equilibrium while in space.
Nominally, Crew Dragon and Cargo Dragon launch on Falcon 9, reach orbit, and go about their business of delivering astronauts and cargo to and from the International Space Station (ISS). After completing their given mission, the trunk section is eventually detached an hour or two before one last reentry burn, eventually returning the spacecraft to Earth. The trunk is thus left in low Earth orbit (LEO), eventually reentering on its own days, weeks, or months later and vaporizing into plasma before it hits Earth’s surface.
While it’s thus surprising that Crew Dragon C205’s trunk section – built primarily out of carbon composites like Falcon 9’s payload fairing and interstage – survived its In-Flight Abort mission more or less intact, the unexpected recovery sadly doesn’t mean that SpaceX has any plans to try to routinely recover or reuse the hardware. If Dragon trunks detached well before orbit, SpaceX might reconsider, but that would defeat their purpose of providing Dragons with power and thermal management while in orbit.
Surviving a terminal-velocity ocean splashdown is certainly no mean feat, but surviving an orbital-velocity atmospheric reentry is magnitudes more challenging, although SpaceX is certainly cognizant of the trade-off. Starship, for example, is expected to include thermal management and power generation systems as an integral part of the (nominally) fully-reusable spaceship and upper stage. At the scale of Crew Dragon, it’s just hard to rationalize doubling or tripling the mass of the spacecraft’s trunk just to tack on a complex recovery system.
All told, both NASA and SpaceX have since indicated that preliminary telemetry from Crew Dragon’s In-Flight Abort test paints an extremely positive picture and effectively confirmed that the test was a total success. With a little luck, it’s safe to say that Crew Dragon will be sacrificing a trunk section in orbit before returning NASA astronauts to Earth just a few months from now.
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News
Ferrari Luce sold out for 2027 after design controversy
Ferrari’s first electric vehicle, the Luce, is fully sold out for 2027, according to CEO Benedetto Vigna.
Presenting third-quarter results, he stated: “Everything we plan to sell next year is already fully allocated. Client test drives, scheduled for next year, will help further boost demand. We have no critical issues, neither on manufacturing nor on the demand side. Obviously, the car is more complex because it has many new parts and many new technologies.”
First customer deliveries are expected before the end of 2026, with the model already commanding waitlists despite a turbulent debut.
The Luce is a five-seat, four-door liftback saloon—the longest Ferrari ever produced—powered by four electric motors producing approximately 1,035 horsepower.
It features an 800-volt architecture, a 122-kWh battery, a claimed WLTP range of around 329 miles, 0-62 mph acceleration in 2.5 seconds, and a starting price near €550,000 in Europe (roughly $560,800–$615,000 in the U.S. depending on configuration).
Developed in collaboration with Jony Ive and Marc Newson’s LoveFrom studio alongside Ferrari’s own Centro Stile, it represents a deliberate departure from the brand’s traditional mid-engine sports cars toward a more spacious, grand-touring format.
Its exterior has proven deeply polarizing. Unveiled in Rome in May 2026, the design features smooth, sweeping surfaces, a large glass roof, and restrained detailing that critics described as bland, generic, or more reminiscent of an Apple product or mass-market EV than a Ferrari.
Ferrari unveils its Luce EV, and its reception has been a disaster
Online reactions included memes comparing it to a Nissan Leaf or Polestar, while former Ferrari chairman Luca di Montezemolo publicly warned of “the destruction of a myth” and suggested the prancing horse logo be removed. Italian politicians and longtime owners joined the chorus of disappointment, and Ferrari’s shares dropped roughly 8% in a single day, erasing billions in market value.
Design experts noted the absence of the brand’s signature tension, aggression, and emotional drama.
Yet the controversy has not translated into weak demand among the ultra-wealthy clientele who actually buy Ferraris. Production volumes remain tightly limited, as reports suggest fewer than 500 units in the current year and a longer-term pace of roughly 600 annually through 2030, preserving exclusivity.
One early chassis sold for $40 million at auction. Vigna has indicated that seeing the car in person, along with upcoming client test drives, is expected to strengthen rather than weaken interest. Ferrari aims for fully electric models to comprise 20 percent of its lineup by 2030, with a second EV now delayed to 2028.
For a brand defined by scarcity and desirability, the Luce’s sell-out status suggests that among those who can afford it, the polarizing design has not proven to be a commercial liability.
Investor's Corner
Musk’s Tesla and SpaceX decline after Democratic Midterm sweep
Tesla and SpaceX shares fell on Wednesday after Democrats swept both chambers of Congress. The decline stood out as broader market securities recovered and turned positive, while both of Musk’s publicly traded companies lagged.
CEO Elon Musk already joked about the unsuccessful campaigning for the Republicans, but now the new party will make pretty drastic changes to how it handles Tesla and SpaceX, and those companies will adjust their outlook.
Let’s take a deeper look.
Tesla ($TSLA)
Tesla shares traded lower during the regular session after Democrats secured both the House and Senate. The stock was down 2.32 percent at around 1:45 p.m. on the East Coast, trading at around $389.30.
The pressure is tied to more than the raw scale of Musk’s political spending, estimated at $450–474 million this cycle with roughly $224 million directed at Texas. In that state, Tesla now faces a Democratic governor and a Democratic senator after Gina Hinojosa unseated Greg Abbott and James Talarico defeated Ken Paxton.
The Austin Gigafactory, Robotaxi pilot programs in multiple Texas cities, and any related AI compute expansion sit under a new state executive who campaigned against certain corporate subsidies and floated a moratorium on new data-center construction.
Federally, Democratic control of key committees opens the door to deeper examination of Tesla’s autonomous-driving safety record, federal energy-storage and manufacturing incentives, and the national-security implications of any combination with SpaceX.
Investors are also weighing whether the company’s historically close alignment with the prior Republican leadership will invite slower permitting, additional hearings, or tighter rules on Full Self-Driving deployment.
For Tesla, the political shift adds near-term friction around state permitting and federal regulatory approvals for autonomy and energy storage. A potential merger with SpaceX may face slower review even if it proceeds.
Core growth drivers such as vehicle deliveries, energy deployments, and robotaxi rollout remain intact, yet the stock now carries a higher political-risk premium that could weigh on valuation until the company demonstrates workable relationships with the new Texas leadership and congressional majorities.
SpaceX ($SPCX)
SpaceX shares also declined in live trading on November 4 following the Democratic midterm sweep. The stock traded at $134.97, down 4.49 percent. The drop occurred even as broader indexes stabilized, highlighting a company-specific reaction to the election outcome.
Musk’s large contributions, concentrated in Texas races that both companies lost, place SpaceX’s Starbase launch facility and headquarters under a new Democratic governor.
At the federal level, Democratic control of Congress enables greater scrutiny of NASA, the Department of Defense, and other contracts that support a meaningful share of revenue, along with reviews of Starlink national-security uses and any Tesla merger. Analysts have noted that empowered committees can hold hearings and request documents on these relationships.
For SpaceX, the results raise the risk of delayed contract awards, higher compliance costs, and tighter constraints on AI and satellite infrastructure expansion, particularly in Texas where a data-center moratorium has been discussed.
A merger with Tesla could encounter political friction that slows integration of launch, connectivity, and autonomy capabilities.
While Starlink growth and launch cadence continue as primary drivers, the company faces a more contested path for federal funding and state-level operations, requiring management to rebuild ties with the new congressional majorities and Texas leadership to limit the overhang.
News
Tesla registrations in Germany nearly quadruple in October
Tesla’s new vehicle registrations in Germany rose sharply in October, nearly quadrupling from the same month a year earlier. That’s according to data from the KBA, Germany’s federal motor transport authority.
The KBA reported 2,932 Tesla vehicles registered in October, a 290.9 percent year-over-year- increase. For the first ten months of the year, Tesla’s cumulative registrations reached 47,742 units. This number is up 206.1 percent compared with the January-October period of 2025. These gains occurred against a backdrop of strong overall growth in the BEV sector as a whole.
Germany registered 94,086 new BEVs in October, a 79.5 percent rise that brought the BEV share of the passenger car market to 37 percent of the 254,492 total cars registered that month.
🇩🇪 Tesla’s new registrations in Germany nearly quadrupled in October, according to KBA data.
October: 2,932 units, +290.9% YoY Jan–Oct: 47,742 units, +206.1%
Germany’s overall BEV market grew 79.5% to 94,086 units last month. https://t.co/GMwNqsFAOC
— TESLARATI (@Teslarati) November 4, 2026
Despite the percentage surge, Tesla’s absolute numbers left it with a 1.2 percent share of all new car registrations for October. Chinese competitors did record higher volumes, as BYD registered 5,173 vehicles, a 2 percent share, Leapmotor with 3,661 cars, which equates to 1.4 percent, and Xpeng had a 0.5 percent share.
Year-to-date through October, BYD edged ahead of Tesla with 47,961 registrations versus Tesla’s 47,742.
The October results follow a notably strong September for Tesla in Germany, when it registered 12,552 vehicles, an increase of roughly 269 percent year-over-year and one of its strongest monthly totals on record in the country. That month, the Model Y led all EVs and ranked among the top-selling vehicles of any powertrain.
The figures form part of a broader recovery in Tesla’s European registrations after an extended period of softer demand. While monthly volumes remain subject to typical quarter-end patterns and competitive pressure from both established European brands and rapidly expanding Chinese manufacturers, the year-to-date growth indicates improved traction in Europe’s largest car market.
Tesla’s Gigafactory Berlin-Brandenburg continues to supply the region, positioning the company to capture a share of the expanding German BEV market as overall EV adoptions looks to be accelerating.