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SpaceX fairing catcher Mr Steven armless once more for maintenance and upgrades
SpaceX’s Falcon 9 fairing catcher ship Mr Steven has had all four new arms removed as the company’s recovery engineers and technicians continue to iterate on his fairing recovery mechanism and operational strategy.
The purpose of this round of arm removal is unknown, but the work going on at Berth 240 is nevertheless a fascinating glimpse into SpaceX’s preferred mode of operations, mainly focusing on constant improvement, tireless iteration, and minimized bureaucratic burden.
Two of Mr Steven’s arms were laying dockside yesterday. Perhaps adjustments due to last week’s fairing drop tests? Getting close to next fairing recovery attempt mid-September. #SpaceX #mrsteven @Teslarati pic.twitter.com/Ev3r2N2bBv
— Pauline Acalin (@w00ki33) August 19, 2018
Originally spotted testing the behavior of a Falcon 9 fairing half in Mr Steven’s new net around August 13th, West Coast recovery technicians had completely removed all four of the vessel’s large arms and all eight of his arm booms just one week later, leaving the boat armless for the first time in roughly two months.
The speed of that seemingly significant hardware removal alone is rather interesting, suggesting that routine removal of Mr Steven’s arms could be wholeheartedly feasible for short-term requirements, be it a clearance issue for traversing canals or perhaps even some sort of modular recovery setup that could optimize Mr Steven for catching Falcon fairings, Dragons, and perhaps even Falcon upper stages.
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- A gif demonstrates just how taut Mr Steven’s net can be, thanks to mechanized rigging. 08/13/18 (Pauline Acalin)
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- Mr Steven sans two arms, August 19th. Note the red and black inflatable structure floating at his bow. (Pauline Acalin)
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- Just two arms and a dream. (Pauline Acalin)
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- Mr Steven sans arms once more, August 21st. (Pauline Acalin)
Wild speculation aside, it can be said with certainty that the ability to remove Mr Steven’s arms so rapidly will make the lives and work of the technicians and engineers tasked with maintaining, testing, and improving the vessel’s recovery mechanisms considerably easier, demanding just a few days of work for complete disassembly. SpaceX CEO Elon Musk did note around the time of the upgraded arm and net installation that those new arms would be retractable and “springy, like a highly damped trampoline.”
The inclusion of large white damping booms to support that supposed springiness was indeed visually confirmed while SpaceX was testing the vessel’s net with a real Falcon 9 fairing, but it’s quite clear that no retraction mechanism was included on the first iteration of Mr Steven’s upgraded arms. Chances are good that this full-up arm removal is related in some way to Musk’s retraction reference, perhaps triggered by observations made during that aforementioned testing with a real fairing half, just days after which arm removal had already been half-completed.
Yes, and springy, like a highly damped trampoline
— Elon Musk (@elonmusk) July 11, 2018
Mr Steven’s next shot at catching a Falcon 9 fairing will follow the launch of Argentinian Earth-sensing satellite SAOCOM-1A, to be followed up soon after with the SpaceX launch of SAOCOM-1B. 1A is currently targeting late September or early October for its journey to orbit.
Meanwhile, the lightweight payload (~1600 kg/~3500 lb) and relatively low orbit (near-polar, 620 km/385 mi) have aligned to allow the Falcon 9 Block 5 booster the chance to be the first SpaceX rocket to debut the company’s West Coast rocket landing zone, companion to the pad’s two well-worn East Coast brethren.
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 stock (NASDAQ: TSLA) closed at an all-time high on Tuesday, jumping over 3 percent during the day and finishing at $489.88.
The price beats the previous record close, which was $479.86.
Shares have had a crazy year, dipping more than 40 percent from the start of the year. The stock then started to recover once again around late April, when its price started to climb back up from the low $200 level.
This week, Tesla started to climb toward its highest levels ever, as it was revealed on Sunday that the company was testing driverless Robotaxis in Austin. The spike in value pushed the company’s valuation to $1.63 trillion.
Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing
It is the seventh-most valuable company on the market currently, trailing Nvidia, Apple, Alphabet (Google), Microsoft, Amazon, and Meta.
Shares closed up $14.57 today, up over 3 percent.
The stock has gone through a lot this year, as previously mentioned. Shares tumbled in Q1 due to CEO Elon Musk’s involvement with the Department of Government Efficiency (DOGE), which pulled his attention away from his companies and left a major overhang on their valuations.
However, things started to rebound halfway through the year, and as the government started to phase out the $7,500 tax credit, demand spiked as consumers tried to take advantage of it.
Q3 deliveries were the highest in company history, and Tesla responded to the loss of the tax credit with the launch of the Model 3 and Model Y Standard.
Additionally, analysts have announced high expectations this week for the company on Wall Street as Robotaxi continues to be the focus. With autonomy within Tesla’s sights, things are moving in the direction of Robotaxi being a major catalyst for growth on the Street in the coming year.
Elon Musk
Tesla needs to come through on this one Robotaxi metric, analyst says
“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”
Tesla needs to come through on this one Robotaxi metric, Mark Delaney of Goldman Sachs says.
Tesla is in the process of rolling out its Robotaxi platform to areas outside of Austin and the California Bay Area. It has plans to launch in five additional cities, including Houston, Dallas, Miami, Las Vegas, and Phoenix.
However, the company’s expansion is not what the focus needs to be, according to Delaney. It’s the speed of deployment.
The analyst said:
“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”
Profitability will come as the Robotaxi fleet expands. Making that money will be dependent on when Tesla can initiate rides in more areas, giving more customers access to the program.
There are some additional things that the company needs to make happen ahead of the major Robotaxi expansion, one of those things is launching driverless rides in Austin, the first city in which it launched the program.
This week, Tesla started testing driverless Robotaxi rides in Austin, as two different Model Y units were spotted with no occupants, a huge step in the company’s plans for the ride-sharing platform.
Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing
CEO Elon Musk has been hoping to remove Safety Monitors from Robotaxis in Austin for several months, first mentioning the plan to have them out by the end of 2025 in September. He confirmed on Sunday that Tesla had officially removed vehicle occupants and started testing truly unsupervised rides.
Although Safety Monitors in Austin have been sitting in the passenger’s seat, they have still had the ability to override things in case of an emergency. After all, the ultimate goal was safety and avoiding any accidents or injuries.
Goldman Sachs reiterated its ‘Neutral’ rating and its $400 price target. Delaney said, “Tesla is making progress with its autonomous technology,” and recent developments make it evident that this is true.
Investor's Corner
Tesla gets bold Robotaxi prediction from Wall Street firm
Last week, Andrew Percoco took over Tesla analysis for Morgan Stanley from Adam Jonas, who covered the stock for years. Percoco seems to be less optimistic and bullish on Tesla shares, while still being fair and balanced in his analysis.
Tesla (NASDAQ: TSLA) received a bold Robotaxi prediction from Morgan Stanley, which anticipates a dramatic increase in the size of the company’s autonomous ride-hailing suite in the coming years.
Last week, Andrew Percoco took over Tesla analysis for Morgan Stanley from Adam Jonas, who covered the stock for years. Percoco seems to be less optimistic and bullish on Tesla shares, while still being fair and balanced in his analysis.
Percoco dug into the Robotaxi fleet and its expansion in the coming years in his latest note, released on Tuesday. The firm expects Tesla to increase the Robotaxi fleet size to 1,000 vehicles in 2026. However, that’s small-scale compared to what they expect from Tesla in a decade.
Tesla expands Robotaxi app access once again, this time on a global scale
By 2035, Morgan Stanley believes there will be one million Robotaxis on the road across multiple cities, a major jump and a considerable fleet size. We assume this means the fleet of vehicles Tesla will operate internally, and not including passenger-owned vehicles that could be added through software updates.
He also listed three specific catalysts that investors should pay attention to, as these will represent the company being on track to achieve its Robotaxi dreams:
- Opening Robotaxi to the public without a Safety Monitor. Timing is unclear, but it appears that Tesla is getting closer by the day.
- Improvement in safety metrics without the Safety Monitor. Tesla’s ability to improve its safety metrics as it scales miles driven without the Safety Monitor is imperative as it looks to scale in new states and cities in 2026.
- Cybercab start of production, targeted for April 2026. Tesla’s Cybercab is a purpose-built vehicle (no steering wheel or pedals, only two seats) that is expected to be produced through its state-of-the-art unboxed manufacturing process, offering further cost reductions and thus accelerating adoption over time.
Robotaxi stands to be one of Tesla’s most significant revenue contributors, especially as the company plans to continue expanding its ride-hailing service across the world in the coming years.
Its current deployment strategy is controlled and conservative to avoid any drastic and potentially program-ruining incidents.
So far, the program, which is active in Austin and the California Bay Area, has been widely successful.
Tesla stock closes at all-time high on heels of Robotaxi progress
Tesla needs to come through on this one Robotaxi metric, analyst says
