SpaceX
SpaceX fairing catcher Mr. Steven heads for Panama Canal after one last drop test
Iconic fairing recovery vessel Mr. Steven appears to have quietly departed for SpaceX’s Florida launch facilities a few days after completing (successfully or not) one final controlled fairing catch test in the Pacific Ocean.
While bittersweet for those that have closely followed the vessel’s development and many attempted Falcon fairing recoveries, this move should ultimately give Mr. Steven around three times as many opportunities to attempt fairing recoveries thanks to SpaceX’s significantly higher East Coast launch cadence.
Mr Steven docking last night after another helicopter drop test, fairing half aboard. #spacex @Teslarati pic.twitter.com/1uMm8ktzWY
— Pauline Acalin (@w00ki33) January 26, 2019
Under SpaceX lease since late 2017, the company moved the vessel to California and modified it with its first net and set of arms around December 2017. Mr. Steven attempted his first Falcon fairing catch – each half worth more than $3M – in February 2018 after the launch of Earth imaging satellite PAZ and two SpaceX Starlink prototypes, thus beginning a string of five unsuccessful recovery attempts for West Coast Falcon 9 launches. The lack of success has most certainly not been for a lack of trying, exemplified in large part by Mr. Steven’s frequent net and arm upgrades over the last year, culminating in the installation of four massive arms, a vast primary net, and a smaller secondary net below it.
Recent fairing recovery test with Mr. Steven. So close! pic.twitter.com/DFSCfBnM0Y
— SpaceX (@SpaceX) January 8, 2019
SpaceX engineers and technicians repeatedly managed to get Falcon fairing halves – autonomously guided by GPS after deploying parafoils – within 50 to a few hundred feet during several of those five post-launch attempts. In the last few months of 2018, SpaceX also began a program of controlled fairing drop tests, where a helicopter would lift a fairing half 5,000-10,000 feet up before releasing it for Mr. Steven. A recent drop test organized in either late-December or early-January saw the parasailing fairing half get so close to a successful catch that its parafoil rigging actually appeared to get tangled on (or at least bump) the edge of Mr. Steven’s net, spanning an area of around 3000 square meters (~30,000 sq ft).
Barring a continuation of SpaceX’s helicopter drop test program on the East Coast, Mr. Steven’s final controlled fairing recovery attempt occurred on January 25th, perhaps less than four days before the ship departed for Florida. After maneuvering wildly and reaching 28 mph (45 km/h) – the fastest speed yet clocked – on his trip back to port, Mr. Steven arrived with a fairing half tantalizingly cradled in the ship’s new secondary net, a perfectly ambiguous state that could indicate a successful catch and net transfer or a missed catch and ocean retrieval, with the smaller net used as an ad-hoc shock absorber during his sprint to port.
- The apparent fairing-grabbing mechanism or robot spotted aboard the SpaceX-leased vessel Mr. Steven. (Reddit /u/ vshie)
- Not nearly enough net, as it turned out. (Pauline Acalin, May 2018)
- Mr Steven testing his new net in a series of sea trials, July 11
- Mr. Steven returned to Port of San Pedro around on October 8th after a day spent at sea, apparently with a Falcon fairing half in tow. This is the second known time that a fairing has been in Mr. Steven’s net. The fairing was eventually lifted off around noon the following day. (Pauline Acalin)
- Mr. Steven was captured performing tests with a duo of fairings and nets at its Port of LA berth, January 22nd. (Pauline Acalin)
- Prior to his Panama Canal exit, Mr. Steven barely missed 2-3 successful Falcon fairing catches during several controlled drop tests. (SpaceX)
Back to Port Canaveral
Prior to Mr. Steven’s California station and arm/net upgrade, the vessel was introduced to SpaceX in Florida as a sort of faster version of the slower service vessels already used to support drone ship deployments and recover fairing halves (or shards) out of the ocean. Although it remains entirely possible that Mr. Steven’s abrupt journey towards southern Mexico is a false alarm, it appears quite likely that the vessel will ultimately end up back where it started its SpaceX journey. After returning to Port Canaveral, Mr. Steven should be able to support a range of post-launch fairing recovery attempts thanks to SpaceX’s consistently-busy East Coast launch schedule.
At his current cruising speed of ~18 knots (21 mph/35 km/h), Mr. Steven will take at least 9-10 days (~220-240 hours) to travel the ~7500 km (4600 mi) of ocean separating Port of LA and Port Canaveral. Even assuming many lengthy stops for fuel and supplies, the vessel should easily arrive in time to attempt its first East Coast fairing catch in support of SpaceX’s next launch, NET February 18th. After that, Crew Dragon’s inaugural orbital launch (DM-1) is targeted for late February, followed by Cargo Dragon’s 17th operational mission (NET March 16th) and the second-ever launch of Falcon Heavy, absolutely no earlier than March 7th.
Mr. Steven appears to have quietly departed Port of Los Angeles for Manzanillo, a port on the southwest coast of Mexico. This is likely Leg #1 of a voyage to Port Canaveral, where he can support #SpaceX's more frequent Florida launches. He'll be missed on the West Coast 🙁 pic.twitter.com/Jb5cOA2Cda
— Eric Ralph (@13ericralph31) January 29, 2019
Elon Musk
Starlink V2 to bring satellite-to-phone service to Deutsche Telekom in Europe
Starlink stated that the system is designed to deliver 5G speeds directly to compatible smartphones in remote areas.
Starlink is partnering with Deutsche Telekom to roll out satellite-to-mobile connectivity across Europe, extending coverage to more than 140 million subscribers across 10 countries.
The service, planned for launch in 2028 in several Telekom markets, including Germany, will use Starlink’s next-generation V2 satellites and Mobile Satellite Service (MSS) spectrum to enable direct-to-device connectivity.
In a post on X, the official Starlink account stated that the agreement will be the first in Europe to deploy its V2 next-generation satellite-to-mobile technology using new MSS spectrum. The company added that the system is designed to deliver 5G speeds directly to compatible smartphones in remote areas.
Abdu Mudesir, Board Member for Product and Technology at Deutsche Telekom, shared his excitement for the partnership in a press release. “We provide our customers with the best mobile network. And we continue to invest heavily in expanding our infrastructure. At the same time, there are regions where expansion is especially complex due to topographical conditions or official constraints,” he said.
“We want to ensure reliable connectivity for our customers in those areas as well. That is why we are strategically complementing our network with satellite-to-mobile connectivity. For us, it is clear: connectivity creates security and trust. And we deliver. Everywhere.”
Under the partnership, compatible smartphones will automatically switch to Starlink’s satellite network when terrestrial coverage is unavailable, enabling access to data, voice, video, and messaging services.
Telekom reports 5G geographic coverage approaching 90% in Germany, with LTE exceeding 92% and voice coverage reaching up to 99%. Starlink’s satellite layer is intended to extend connectivity beyond those terrestrial limits, particularly in topographically challenging or infrastructure-constrained areas.
Stephanie Bednarek, VP of Starlink Sales, also shared her thoughts on the partnership. “We’re so pleased to bring reliable satellite-to-mobile connectivity to millions of people across 10 countries in partnership with Deutsche Telekom. This agreement will be the first-of-its-kind in Europe to launch Starlink’s V2 next-generation technology that will expand on data, voice and messaging by providing broadband directly to mobile phones,” she said.
Starlink’s V2 constellation is designed to expand bandwidth and capacity compared to its predecessor. If implemented as outlined, the 2028 launch would mark one of the first large-scale European deployments of integrated satellite-to-phone connectivity by a major telecom operator.
Elon Musk
SpaceX pursues 5G-level connectivity with Starlink Mobile V2 expansion
SpaceX noted that the upcoming Starlink V2 satellites will deliver up to 100 times the data density of the current first-generation system.
SpaceX has previewed a major upgrade to Starlink Mobile, outlining next-generation satellites that aim to deliver significantly higher capacity and full 5G-level connectivity directly to mobile phones.
The update comes as Starlink rebrands its Direct-to-Cell service to Starlink Mobile, positioning the platform as a scalable satellite-to-mobile solution that’s integrated with global telecom partners.
SpaceX noted that the upcoming Starlink V2 satellites will deliver up to 100 times the data density of the current first-generation system. The company also noted that the new V2 satellites are designed to provide significantly higher throughput capability compared to its current iteration.
“The next generation of Starlink Mobile satellites – V2 – will deliver full cellular coverage to places never thought possible via the highest performing satellite-to-mobile network ever built.
“Driven by custom SpaceX-designed silicon and phased array antennas, the satellites will support thousands of spatial beams and higher bandwidth capability, enabling around 20x the throughput capability as compared to a first-generation satellite,” SpaceX wrote in its official Starlink Mobile page.
Thanks to the higher bandwidth of Starlink Mobile, users should be able to stream, browse the internet, use high-speed apps, and enjoy voice services comparable to terrestrial cellular networks.
In most environments, Starlink says the upgraded system will enable full 5G cellular connectivity with a user experience similar to existing ground-based networks.
The satellites function as “cell towers in space,” using advanced phased-array antennas and laser interlinks to integrate with terrestrial infrastructure in a roaming-like architecture.
“Starlink Mobile works with existing LTE phones wherever you can see the sky. The satellites have an antenna that acts like a cellphone tower in space, the most advanced phased array antennas in the world that connect seamlessly over lasers to any point in the globe, allowing network integration similar to a standard roaming partner,” SpaceX wrote.
Starlink Mobile currently operates with approximately 650 satellites in low-Earth orbit and is active across more than 32 countries, representing over 1.7 billion people through partnerships with mobile network operators. Starlink Mobile’s current partnerships span North America, Europe, Asia, Africa, and Oceania, allowing reciprocal access across participating nations.
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.





