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SpaceX Dragon spacecraft returns NASA cargo to Earth after six weeks in space
A SpaceX Cargo Dragon 2 spacecraft has safely returned to Earth after delivering several tons of NASA supplies to the International Space Station (ISS).
A little over six weeks after Falcon 9 launched SpaceX’s 26th Commercial Resupply Services 2 (CRS2) mission for NASA, Dragon departed the ISS on January 9th. Efficiently lowering its orbit with several small Draco thrusters took about 36 hours, and reusable Dragon 2 capsule C211 eventually slowed to the point that it began impacting Earth’s atmosphere. Using its ablative heat shield like a brake pad, Dragon slowed from a velocity of 7.5 kilometers per second (16,800 mph) to about 155 meters per second (~350 mph) before beginning parachute deployment.
At 5:19 am on January 11th, the Dragon capsule gently splashed down off the coast of Tampa, Florida, and was quickly secured by a SpaceX recovery ship. Once onboard, the capsule was opened up, and cargo fresh from orbit was loaded onto a helicopter as quickly as possible. That system – primarily created to rapidly transport astronauts back to NASA medical facilities – also means that scientists can get access to their recovered ISS experiments just a handful of hours after Cargo Dragon splashes down.
The update that's rolling out to the fleet makes full use of the front and rear steering travel to minimize turning circle. In this case a reduction of 1.6 feet just over the air— Wes (@wmorrill3) April 16, 2024
Some of the scientific investigations returned by Dragon include:
Deep space radiation protection: A vest designed to protect astronauts from high doses of radiation caused by unpredictable solar particle events is returning to Earth after months of testing. Crew members wore the Astrorad vest while performing daily tasks and provided feedback about how easy it is to put on, how it fits and feels, and the range of motion possible while wearing it. The vest’s developers plan to use that feedback to improve design of the garment, which could provide radiation protection for astronauts on Artemis missions to the Moon.
Air, water, plants: XROOTS used hydroponic (water-based) and aeroponic (air-based) techniques to grow plants without soil or other growth media. Researchers collected video and still images to evaluate growth chambers through the plant life cycle from seed germination through maturity. The plant chambers are returning to Earth for additional analysis. Similar techniques could be used to produce crops for future space missions and to enhance cultivation and food security for the benefit of people on Earth.
Bioprospecting in space: Bioprospecting is the process of identifying plants and animals that may contain substances with potential for use as drugs, biochemicals, and more. Previous studies found that space can cause genetic and physiological changes that could result in microbes yielding such materials. Rhodium Microgravity Bioprospecting-1 studied a way to search for these microbes. The science chambers and temperature logger from the investigation are returning to Earth for further examination.”
Blogs.NASA.gov – January 11th, 2023
SpaceX’s second-generation Cargo Dragon spacecraft is nearly identical to Crew Dragon. Both are made up of two main parts: a reusable capsule and an expendable ‘trunk.’ The Dragon 2 trunk is a tube-like carbon fiber composite structure covered by a skin of curved solar arrays and radiators. It can also hold several tons of unpressurized cargo.
Dragon’s capsule holds a pressure vessel, environmental control systems (ECLSS), all 16 Draco maneuvering thrusters, propellant tanks, docking systems, and an ablative heat shield. In the case of Crew Dragon, the capsule is also outfitted with windows, crew seats, hand control, and SuperDraco launch abort thrusters. Both Cargo and Crew Dragon capsules represent the vast majority of the total spacecraft cost and can be recovered, refurbished, and reflown in as little as four months.
NASA is SpaceX’s only Cargo Dragon customer. January 11th’s recovery marked the completion of CRS2 Spx-26, SpaceX’s 25th successful ISS resupply mission since 2012. After adding more contracts last year, NASA has arrangements for at least nine more Dragon 2 resupply missions stretching into 2026 or 2027. NASA also signed contracts for eight Crew Dragon astronaut launches in 2022 and has nine missions on contract between now and the late 2020s or 2030.
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While Falcon 9 infamously failed during the June 2015 launch of CRS-7, every Dragon that has ever reached orbit has been recovered in one piece. Spx-26 was Dragon’s 38th mission overall and 35th consecutively successful recovery from orbit.
In a new note to investors on Tuesday, Morgan Stanley analyst Andrew Percoco said that Tesla has one big financial question to answer for investors regarding its Robotaxi rollout, Full Self-Driving software, and Optimus.
Percoco said in the note that, for the most part, investors are still very positive about the direction the company is headed. However, there are some things the firm would like to see, and they have to do with financials.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Tesla bulls are more than convinced that the company’s Full Self-Driving software is proof it can develop physical AI. Financially, however, there are still some questions, especially on elevated spending, which CEO Elon Musk said would occur as the company works to roll out Robotaxi faster and continue developing its Optimus robot.
The latter two are where Tesla will have to prove progress to investors, as Percoco writes that both projects “will require clearer evidence that Robotaxi is scaling and more tangible Optimus proof points to support the ROI on elevated capex.”
Percoco said the second quarter earnings call did not change his long-term thesis of where Tesla is positioned in the AI race, which is out in front. However, there are concerns that weaker gross margins and higher R&D spend will stress financials, and that has “sharpened our (and investors’) focus on measurable progress across Robotaxi and Optimus.”
Additionally, Robotaxi still needs to be proven with more operation in existing cities while maintaining safety but improving how many rides it gives in any given time, he said. For Optimus, Percoco wrote that he is “still looking for evidence beyond commentary around SOP.”
Morgan Stanley put Percoco in charge of covering Tesla after long-time analyst Adam Jonas transitioned to the automotive side.
Currently, Morgan Stanley has a $415 price target on Tesla and a ‘Hold’ rating on the stock. It is trading at around $330 at the time of publication, which was 2:30 P.M. on the East Coast.
SpaceX’s massive investment in AI will make it a big winner, Argus Research said after the company’s successful earnings call last week.
The firm also upgraded shares to a Buy from Hold and set a $160 price target.
SpaceX (NASDAQ: SPCX) is currently recovering from its heavy AI infrastructure investments, as it spent nearly $16 billion in Q2 alone. The company did this primarily by monetizing high-demand GPU compute capacity at a much faster pace than traditional data center economics would suggest.
Company CFO Bret Johnsen said that SpaceX would be able to pay back anything on new deployments within a year.
There are plenty of ways the company can do this:
Leasing excess compute capacity through contracts
SpaceX has already built Colossus and Colossus II, largely for its own model training. However, much of that capacity is already rented out to third parties. It already has major deals with Anthropic, Google, and Reflection AI. These partnerships are adding billions per month to SpaceX’s spreadsheet.
High utilization driven by industry-wide scarcity
The demand for advanced AI training and inference capacity continues to exceed what is available for use. SpaceX can fill new racks quickly after they come online, so the capital deployed converts into revenue with minimal idle time.
Additionally, management and outside observers have described the new compute capital as behaving more like a cost-of-goods-sold than traditional multi-year capex, especially because of this rapid monetization pattern.
Capacity has already scaled from ~0.4 GW a year to 1.4 GW annually by the end of Q2. There are targets of more than 2 GW by year-end.
High incremental margins on the rental business once capacity is online
GPU cloud providers often operate at strong gross margins. SpaceX can monetize capacity that was already partially built or can be added efficiently. This means that incremental EBITDA margins on the rental revenue are usually high. This accelerates cash recovery relative to the gross capital outlay.
Parallel monetization of its own AI software and applications
Beyond pure infrastructure rental, SpaceX also generates revenue from Grok through subscriptions and usage, from X through ads, data, and other related services, enterprise APIs, and the planned integration of the Cursor coding tools acquisition.
These application layers ride on the same compute infrastructure and provide additional high-margin streams that could offset build-out costs. AI-segment revenue overall rose sharply to about $2.6 billion in Q2, according to Motley Fool. This was driven primarily by the infrastructure contracts, but the software side is also partially responsible.
Efficient, large-scale deployment and vertical integration advantages
SpaceX has emphasized the rapid construction of power and cooling infrastructure and favorable cost-per-megawatt economics relative to industry benchmarks in some disclosures.
Combined with its ability to scale capacity aggressively and the fact that many contracts start generating revenue within months of capacity coming online, the effective payback compresses dramatically compared with more conventional multi-year data-center projects.
SpaceX’s dominant near-term recovery path will turn the AI clusters into a hyperscale-style compute rental business for other leading AI companies while still using a portion for internal models.
Tesla headlights have caused a recall of over 20,000 of the company’s two most popular vehicles, the Model 3 and Model Y, due to the low-beam bulb exceeding the maximum allowed intensity according to federal standards.
Tesla initiated the recall with the National Highway Traffic Safety Administration (NHTSA) this morning, stating that the low-beam output “exceeds the maximum allowed intensity in the outer upper-right and outer upper-left areas of the 10U and 90U zone, as prescribed in FMVSS No. 108.”
Tesla sourced the impacted headlights from Marelli Automotive Lighting, a Mexico-based company. The recall impacts 2020-2023 Model Y vehicles and 2017-2023 Model 3 vehicles. It is estimated that every VIN in this recall is impacted by the defect.
🚨 Tesla is recalling 20,349 2020-23 Model Y vehicles and 2017-23 Model 3 vehicles due to an excessively bright headlamp low beam.
Currently, there is no remedy plan in place, as it is still being developed. pic.twitter.com/y34cIO2U0B
— TESLARATI (@Teslarati) August 11, 2026
Typically, Tesla would remedy recalls of this nature through an Over-the-Air software update, which has been a major focus of criticism by the company and its supporters because the NHTSA still refers to it as a “recall,” even though it requires no action by the vehicle owner. The fix is shipped over the internet and downloaded to the car.
However, there appears to be a potentially different solution for this problem. Tesla has not developed a remedy for this issue, so it could potentially be on the way. The big issue appears to be the fact that these recalled lamps are out of production, and this is an old body style for both vehicles. The headlights and front-end designs are completely different.
Tesla switched to another supplier when the affected headlight design was discontinued. It plans to begin notifying owners of their remedy options by September 15.
Tesla filed a petition protesting the recall to fix the vehicles’ headlight issue, but the NHTSA denied it. Now, Tesla will come up with a solution to fix it.
Tesla has one big financial question to answer for investors: Morgan Stanley
SpaceX AI investment gamble will make it a big winner, firm says
