News
SpaceX’s claw-boat ready to recover rocket fairing with a giant net
Teslarati’s West coast photographer Pauline Acalin has captured some amazing photos of one of SpaceX’s most immediately recognizable fairing recovery vessels berthed in the Port of San Pedro. For the first time ever, the vessel (officially named Mr. Steven) has had its iconic claw rigged with a massive net intended to gently capture Falcon 9 payload fairings.
SpaceX has been trying in earnest to recover its rockets’ fairings for approximately one year, but has yet to recover a fairing intact. While the company appeared to have recovered at least one large fragment on the East coast, success has proven elusive, and CEO Elon Musk noted in press conferences before and after Falcon Heavy’s inaugural launch that the task had proven more difficult than was anticipated. Despite the difficulties, SpaceX has no intention of surrendering their valuable fairings (a $5 million pallet of cash, as Musk once joked) to the sea.
- Imagine this building-sized fairing traveling approximately TWO MILES PER SECOND. (USAF)
- Mr Steven’s big ‘ole net and iconic claws hunger for Falcon fairings. (Pauline Acalin/Teslarati)
Along with the imminent introduction of SpaceX’s upgraded “Fairing 2.0” on the upcoming Wednesday launch of PAZ, chances of a successful fairing recovery are almost certainly higher than ever before. While SpaceX and CEO Musk has only revealed that the upgraded fairing is somewhat larger than its predecessor, it can also be more or less guaranteed that its aforementioned upgrades go well beyond larger dimensions, likely extending into improved reusability hardware, greater ease of manufacture, and much more. This should come as no surprise – SpaceX has a long and storied history of making constant, iterative improvements to all aspects of itself, be it hardware, software, design, or manufacturing.

Mr. Steven’s fancy new net captured in the golden hour before sunset at L.A.’s Port of San Pedro. (Pauline Acalin/Teslarati)
Enter Mr. Steven’s fancy new netting. While no bouncy castle, a highly maneuverable vessel with an effortlessly reusable net is arguably far superior to a dead-in-the-water piece of inflatable plastic. As the fairing (theoretically) floats gently down to the surface of the ocean under its guided parachute, Mr. Steven’s coxswain will be tasked with skillfully maneuvering the boat to account for any the sea state and any winds in order to maintain its position at the fairing’s destination. If all goes well, at least half of Falcon 9’s payload fairing will gently drop into Mr. Steven’s net, marking SpaceX’s first successful recovery. If things don’t go exactly as planned, a 1000kg hunk of metal and composite could theoretically smash into poor Mr. Steven at an unhealthy velocity. However, things are looking considerably more positive this time around.
SpaceX’s fairing grabber, Mr. Steven, a couple days ago preparing to ship out for Wednesday’s launch at Vandenberg. @Teslarati #paz #Starlink pic.twitter.com/lfWjUGy56k
— Pauline Acalin (@w00ki33) February 19, 2018
By all appearances, SpaceX has retained the same general strategy of fairing recovery mentioned in the past by Musk and other executives. To oversimplify, after launch, the payload fairing separates (mechanically) from the second stage once Falcon 9 or Heavy has left behind the majority of Earth’s atmosphere. After separation, each fairing half orients itself for a gentler reentry into the atmosphere with cold nitrogen gas thrusters, likely the exact same thrusters used in part to achieve Falcon 9’s accurate and reliable landings. Due to their massive surface area and comparatively tiny weight, fairing halves effectively become exceptionally finicky and awkward sails falling through the atmosphere at insane velocities, with the goal generally being to orient each half like a boat’s hull to provide some stability. Once they are low enough, assuming they’ve survived the journey from TEN TIMES THE SPEED OF SOUND and 62 MILES above Earth’s surface to a more reasonable ~Mach 0.5 and maybe 5 miles of altitude, the fun parts begin. At this point, each fairing half deploys a GPS-connected parachute system (a parasail, to be exact) capable of directing the massive hunks of carbon fiber and aluminum to a very specific point on the surface of the ocean.
Successful fairing recovery would quite literally entail an immediate cost reduction of as much as 10% of a Falcon 9’s entire advertised launch price, ~$6 million. For recovery of a single half, that figure is of course…halved, but $3 million is still an impressive instantaneous cost reduction. It’s unclear how SpaceX eventually intends to recover both halves of the fairing – a Mr. Steven sibling, perhaps? – but that is a problem for future SpaceX!
Mr. Steven and his net are likely to get their first taste of action in just two days – PAZ and two of SpaceX’s very own prototype internet satellites are set to launch at 6:17 am PST on Wednesday, February 21. Stay tuned for a link to SpaceX’s official webcast and follow us on social media for down-to-the-minute updates.
Teslarati – Instagram – Twitter
Tom Cross – Twitter
Pauline Acalin – Twitter
Eric Ralph – Twitter
https://twitter.com/_TomCross_/status/965394574578540545
Elon Musk
Elon Musk confirms xAI’s purchase of five 380 MW natural gas turbines
The deal, which was confirmed by Musk on X, highlights xAI’s effort to aggressively scale its operations.
xAI, Elon Musk’s artificial intelligence startup, has purchased five additional 380 MW natural gas turbines from South Korea’s Doosan Enerbility to power its growing supercomputer clusters.
The deal, which was confirmed by Musk on X, highlights xAI’s effort to aggressively scale its operations.
xAI’s turbine deal details
News of xAI’s new turbines was shared on social media platform X, with user @SemiAnalysis_ stating that the turbines were produced by South Korea’s Doosan Enerbility. As noted in an Asian Business Daily report, Doosan Enerbility announced last October that it signed a contract to supply two 380 MW gas turbines for a major U.S. tech company. Doosan later noted in December that it secured an order for three more 380 MW gas turbines.
As per the X user, the gas turbines would power an additional 600,000+ GB200 NVL72 equivalent size cluster. This should make xAI’s facilities among the largest in the world. In a reply, Elon Musk confirmed that xAI did purchase the turbines. “True,” Musk wrote in a post on X.
xAI’s ambitions
Recent reports have indicated that xAI closed an upsized $20 billion Series E funding round, exceeding the initial $15 billion target to fuel rapid infrastructure scaling and AI product development. The funding, as per the AI startup, “will accelerate our world-leading infrastructure buildout, enable the rapid development and deployment of transformative AI products.”
The company also teased the rollout of its upcoming frontier AI model. “Looking ahead, Grok 5 is currently in training, and we are focused on launching innovative new consumer and enterprise products that harness the power of Grok, Colossus, and 𝕏 to transform how we live, work, and play,” xAI wrote in a post on its website.
Elon Musk
Elon Musk’s xAI closes upsized $20B Series E funding round
xAI announced the investment round in a post on its official website.
xAI has closed an upsized $20 billion Series E funding round, exceeding the initial $15 billion target to fuel rapid infrastructure scaling and AI product development.
xAI announced the investment round in a post on its official website.
A $20 billion Series E round
As noted by the artificial intelligence startup in its post, the Series E funding round attracted a diverse group of investors, including Valor Equity Partners, Stepstone Group, Fidelity Management & Research Company, Qatar Investment Authority, MGX, and Baron Capital Group, among others.
Strategic partners NVIDIA and Cisco Investments also continued support for building the world’s largest GPU clusters.
As xAI stated, “This financing will accelerate our world-leading infrastructure buildout, enable the rapid development and deployment of transformative AI products reaching billions of users, and fuel groundbreaking research advancing xAI’s core mission: Understanding the Universe.”
xAI’s core mission
Th Series E funding builds on xAI’s previous rounds, powering Grok advancements and massive compute expansions like the Memphis supercluster. The upsized demand reflects growing recognition of xAI’s potential in frontier AI.
xAI also highlighted several of its breakthroughs in 2025, from the buildout of Colossus I and II, which ended with over 1 million H100 GPU equivalents, and the rollout of the Grok 4 Series, Grok Voice, and Grok Imagine, among others. The company also confirmed that work is already underway to train the flagship large language model’s next iteration, Grok 5.
“Looking ahead, Grok 5 is currently in training, and we are focused on launching innovative new consumer and enterprise products that harness the power of Grok, Colossus, and 𝕏 to transform how we live, work, and play,” xAI wrote.
Investor's Corner
Tesla gets price target bump, citing growing lead in self-driving
Tesla (NASDAQ: TSLA) stock received a price target update from Pierre Ferragu of Wall Street firm New Street Research, citing the company’s growing lead in self-driving and autonomy.
On Tuesday, Ferragu bumped his price target from $520 to $600, stating that the consensus from the Consumer Electronics Show in Las Vegas was that Tesla’s lead in autonomy has been sustained, is growing, and sits at a multiple-year lead over its competitors.
CES 2026 validates Tesla’s FSD strategy, but there’s a big lag for rivals: analyst
“The signal from Vegas is loud and clear,” the analyst writes. “The industry isn’t catching up to Tesla; it is actively validating Tesla’s strategy…just with a 12-year lag.”
The note shows that the company’s prowess in vehicle autonomy is being solidified by lagging competitors that claim to have the best method. The only problem is that Tesla’s Vision-based approach, which it adopted back in 2022 with the Model 3 and Model Y initially, has been proven to be more effective than competitors’ approach, which utilizes other technology, such as LiDAR and sensors.
Currently, Tesla shares are sitting at around $433, as the company’s stock price closed at $432.96 on Tuesday afternoon.
Ferragu’s consensus on Tesla shares echoes that of other Wall Street analysts who are bullish on the company’s stock and position within the AI, autonomy, and robotics sector.
Dan Ives of Wedbush wrote in a note in mid-December that he anticipates Tesla having a massive 2026, and could reach a $3 trillion valuation this year, especially with the “AI chapter” taking hold of the narrative at the company.
Ives also said that the big step in the right direction for Tesla will be initiating production of the Cybercab, as well as expanding on the Robotaxi program through the next 12 months:
“…as full-scale volume production begins with the autonomous and robotics roadmap…The company has started to test the all-important Cybercab in Austin over the past few weeks, which is an incremental step towards launching in 2026 with important volume production of Cybercabs starting in April/May, which remains the golden goose in unlocking TSLA’s AI valuation.”
Tesla analyst breaks down delivery report: ‘A step in the right direction’
Tesla has transitioned from an automaker to a full-fledged AI company, and its Robotaxi and Cybercab programs, fueled by the Full Self-Driving suite, are leading the charge moving forward. In 2026, there are major goals the company has outlined. The first is removing Safety Drivers from vehicles in Austin, Texas, one of the areas where it operates a ride-hailing service within the U.S.
Ultimately, Tesla will aim to launch a Level 5 autonomy suite to the public in the coming years.

