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SpaceX drone ship captures Falcon 9 ‘jellyfish’ from a new angle
Following a rare two-day technical delay that ended an opportunity for SpaceX to break a significant record, the company still managed to put on a show with its third Falcon 9 launch in three days and seven hours.
Thanks to a coincidental alignment of orbital mechanics, Falcon 9’s third launch last week lifted off from Cape Canaveral Space Force Station (CCSFS) at 7:05 pm EDT on Saturday, October 5th – five minutes after sunset. The rocket headed east, deeper into twilight, but gained altitude and quickly climbed back into direct sunlight as it ascended toward space. Against the dimming sky, the plumes of exhaust produced by Falcon 9’s booster and upper stage lit up like a neon sign, producing a view that – while rare – has become more and more common alongside SpaceX’s growing launch cadence.
Reminiscent of a giant nebula, jellyfish, or bioluminescent creature, among other things, the light show is produced dozens to hundreds of miles above Earth’s surface and is visible for hundreds of miles in any direction of the launch. Saturday’s ‘nebula’ was about as bright as they come and just as striking.
What made this one noteworthy was a new view streamed live from the deck of SpaceX’s drone ship A Shortfall of Gravitas (ASOG), which was stationed in the Atlantic Ocean about 650 kilometers (~400 mi) off the coast of Florida. Intentionally or not, a camera normally used to capture live views of Falcon boosters landing on ASOG’s deck was pointed in the perfect direction to capture the nebula from a unique angle – essentially sitting in the bullseye of the rocket’s cosmic dart board.
Unlike all other orbital-class rockets, that bullseye is literal for Falcon 9’s booster. Nine minutes after liftoff, the nebula’s snake-like tail was still easily visible after booster B1060 touched down on the drone ship’s deck, backed by the light show it had just created.
About half an hour after that, Falcon 9’s orbital upper stage successfully deployed Intelsat’s Galaxy 33 and Galaxy 34 geostationary communications satellites. The pair reportedly weighed around 7.3 tons (~16,000 lb), making it one of the heaviest geostationary payloads SpaceX has ever launched. That high mass and Falcon 9’s booster recovery limited the rocket’s performance, so the satellites were inserted into an elliptical geostationary transfer orbit (GTO) with one end around 300 kilometers (~185 mi) up and the other about 20,000 kilometers (~12,400 mi) above Earth’s surface.
The satellites will have to use onboard thrusters and propellant to climb the rest of the way into circular 35,800 km (22,250 mi) orbits, where their orbital velocity will exactly match Earth’s rotation so they can hover over their region of choice. In this case, both satellites will deliver satellite TV service throughout the United States.
Investor's Corner
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
Tesla short seller Michael Burry, the subject of the film “The Big Short,” where he was portrayed by Steve Carell, has revealed he has opened a new bet against the stock.
In a new update to his Substack newsletter in a post titled “Trading Post June 30, 2026,” Burry revealed a new set of bets against Tesla, Caterpillar, NVIDIA, Applied Materials Inc., and the iShares Semiconductor ETF.
In regard to Tesla, Burry wrote:
“And finally I shorted Tesla at 416.22. Happy it jumped back to this level.”
This means Burry likely opened his new short position after the company’s recent rally on Wall Street, which saw Tesla shares sink in mid-May, only to recover to well over the $400 mark. Currently, shares trade at around $427.
The company saw a big Tuesday as shares climbed considerably, over 10 percent. The size of the Tesla short was not provided, nor did Burry give any information on the position’s structure, the number of shares, dollar value, or whether options were used in the short.
The Tesla and SpaceX merger everyone is talking about is quietly building
Over the years, Burry has been one of the more vocal critics of Tesla, calling its share price “media inflated,” and saying it was “ridiculously overvalued” as recently as December.
The company has largely transitioned away from being known as an automotive company and instead is much more widely regarded as an AI play, mostly due to its Full Self-Driving efforts, Optimus robot development, and data collection related to both.
This has not pulled those skeptics away from being vocal about their distaste for how Tesla is valued, but there’s no denying that the company is a global force in many things, including sustainable energy, automotive, and AI.
Wedbush Securities is initiating stock coverage on SpaceX (NASDAQ: SPCX), marking the first comments on the company since it went public several weeks ago. Wedbush and its analyst handling coverage, Dan Ives, are widely bullish on fellow Musk company Tesla (NASDAQ: TSLA).
Ives wrote his first note initiating coverage of SpaceX shares on Wednesday with a $190 price target and an ‘Outperform’ rating. The firm believes the company is well positioned off of its IPO because of its wide array of projects, including AI compute power and infrastructure, connectivity projects, and launches.
“We view SpaceX as one of the most differentiated assets within the tech market with a strong footprint across its three core markets, with Starlink driving success with connectivity,” Ives wrote, “Starship launches leading to a demand flywheel and increasing deal flow for its Colossus clusters.”
Elon Musk called it Epic: The full story of SpaceX’s Starship Flight 12
Wedbush leans heavily on Starlink, which they say is the “profitability driver given the strength of its recurring revenue base of ~12 million subscribers as of June 5th.” Ives believes Starlink is still in the “early innings” of penetrating the global telecommunications and broadband market, as it only holds less than a 1 percent share. However, this number is sure to increase over time.
It also highlights the importance of Starship, which it says is an “essential layer” of SpaceX’s overall success. SpaceX developing and displaying the ability to reuse rockets is a major cost and reliability advantage “as it reduces the necessary hardware launch costs while generating a feedback loop for future flights to improve their launch flight rate without accelerating capex spend.”
Finally, SpaceX’s recent AI/Compute projects are also very elementary, Ives writes. It is worth mentioning Wedbush said its $190 price target is derived from a valuation forecast that sees the company yielding roughly $2.48 trillion of implied enterprise value.
There are also some factors that Wedbush did not take into account with its initial coverage. The firm wrote in the note:
“We note that there is optional value coming from Starship’s accelerating scale towards sub-$200/kg unit economics, orbital data centers, and enterprise AI monetization as these factors could drive meaningful upside but these face major hurdles, so we do not take that into account with our valuation.”
SpaceX shares are down just over 2 percent today, trading at around $167 at the time of publication.
Tesla has expanded the footprint of a massive safety feature worldwide with a recent Software Update labeled as 2026.20.6. The expansion of the “Blind Spot Warning While Parked” feature represents the more widespread availability of the feature, which aims to prevent “dooring.”
Dooring is when a driver or passenger opens a car door into the path of an oncoming road user, usually a cyclist or motorcyclist. It is among the most common types of cycling accidents, the League of American Bicyclists says.
For this reason, Tesla created a feature that warns occupants not to open the door because an object is approaching. The feature will sound a chime, and it will also delay the opening of the door to prevent an incident.
The release notes state (via Not a Tesla App):
“If you attempt to open a door while an approaching object is detected in your blind spot (for example, a bicyclist approaching from behind) a chime sounds, and your door will not open upon initial button press. Wait a short time and press the button a second time to override the warning.”
Tesla initially rolled out this feature back in 2024 with the Model 3 “Highland.” However, it remained with the Model 3 exclusively for over a year; that was until Tesla added it to the Cybertruck this past Spring.
Now, it is making its way to the new Model Y, 2021 and newer Model S, and 2021 or newer Model X.
The prevention of dooring incidents could eliminate many injuries to cyclists, especially in an urban setting. Dooring accounts for 10-20 percent of bike-related crashes in major cities, and over 17,000 dooring-related incidents were treated in the U.S. over the course of a decade. These usually involve fractures, contusions, and head trauma.
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
SpaceX gets initial stock coverage from Tesla’s biggest bull
