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SpaceX Falcon 9 Block 5 booster ends launch #2 with spectacular dawn return
SpaceX Falcon 9 booster B1049 has completed its second successful launch and landing with a spectacular dawn return to Port of Los Angeles, where engineers and technicians will work to remove the rocket’s grid fins and landing legs and prepare the vehicle for transport to the company’s Hawthorne, CA factory and refurbishment facilities.
Once post-recovery processing is complete and B1049 is safe and snug inside one of SpaceX’s refurbishment facilities, the booster can be expected to be ready to perform its next (third) orbital-class mission perhaps just 2-3 months from now, whether or not there is a mission that needs its support.
Just Read the Instructions has now docked, carrying twice-flown Iridium-8 booster. Beautiful sunrise arrival. #spacex pic.twitter.com/OAi77wm3XT
— Pauline Acalin (@w00ki33) January 13, 2019
Just ~48 hours after the Block 5 booster’s second successful launch and landing, this time aboard drone ship Just Read The Instructions (JRTI) after supporting the historic Iridium-8 mission, JRTI pulled into Port of Los Angeles with Falcon 9 in tow, backlit by a picturesque California sunrise. In September 2018, the same booster (B1049) successfully completed its launch debut from SpaceX’s LC-40 launch pad in Cape Canaveral, Florida before landing safely aboard drone ship Of Course I Still Love You (OCISLY).
This marks the second time ever that a Falcon 9 booster has launched from both coasts (Cape Canaveral, FL and Vandenberg, CA) and landed on both SpaceX drone ships (JRTI and OCISLY), an event that will likely become increasingly common as the company’s growing fleet of Falcon 9 Block 5 boosters become increasingly flexible and interchangeable. It’s also equally possible that – over time – a sort of regional fleet of Falcon 9s will ultimately accumulate at each of SpaceX’s three launch pads, ensuring that there is always a rocket ready and waiting to launch a customer payload with short notice and minimal production or refurbishment-related delays.
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- Falcon 9 B1049 and a few SpaceX recovery technicians serve as an excellent since of scale for launch photos. (Pauline Acalin)
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- Falcon 9 B1049 returned to Port of Los Angeles after its second successful launch and landing in four months. (Pauline Acalin)
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- Falcon 9 B1049 seen vertical at SLC-4E prior to its second launch, the eighth and final Iridium NEXT mission. (SpaceX)
Among many of Falcon 9’s almost sculpture-like qualities, Teslarati photographer Pauline Acalin’s photos of the booster’s return exemplify just how reliably unperturbed Block 5 appears after performing multiple orbital-class launches, far from a rocket that traveled to ~90 km (~56 mi) while reaching speeds of 1.9 kilometers per second (6830 km/h, 4300 mph). SpaceX now reliably reuses Falcon 9’s titanium grid fins and landing legs with little to no refurbishment or touching up between launches and should eventually be able to retract the rocket’s legs after recovery, further cutting down on processing and refurbishment times.
Greater reusability, greater reliability?
As of today, it’s unclear how big of a role Falcon 9 Block 5 booster refurbishment has played into several hardware-readiness-related delays to several recent flight-proven Falcon 9 launches (SSO-A, SAOCOM 1A, and Iridium-8), but it is ultimately a fundamental reality of all manufacturing that rushing or ‘expediting’ work will typically hurt product quality and reliability and generally widen the cracks that mistakes can slip through. Interestingly, having a truly large fleet of flight-proven Falcon 9 Block 5 rockets on hand could dramatically improve the overall launch-readiness of Falcon 9 and Falcon Heavy and minimize chances of processing delays across the board.
SpaceX employees may already be to a point where they can plausible take stock of the company’s already-significant fleet of flight-proven Falcon 9s (B1046-B1049) to decide which booster is closest to launch-readiness before assigning it to a given mission. With four proven boosters on hand as of January 2019, options are fairly limited and regionality is likely to factor heavily into which booster launches which mission – there is no real cushion if problems arise with a given rocket or its preceding launch suffers its own delays. However, once that Falcon fleet grows to something like 10 or 15 booster, SpaceX could conceivably be able to guarantee booster availability regardless of prior launch delays or a given rocket’s condition after landing.
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- (Pauline Acalin)
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- A bittersweet sunrise as Falcon 9 B1049 arrives in port. (Pauline Acalin)
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- (Pauline Acalin)
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- (Pauline Acalin)
This may well be far less sexy than SpaceX’s ultimate goal of drop-of-the-pin, 24-hour reusability for Falcon and BFR boosters, but the fundamental fact of the matter is that the company may well be able to derive a vast majority of that practice’s value by simply having a large, well-kept fleet of Falcon 9 boosters that are at least moderately reusable. For a hefty chunk of the probable near-term future, a large fleet of rockets each capable of launching every 30-60 days would likely be able to support launch cadences that are currently unprecedented for a single company or rocket (i.e. dozens of launches per year).
Time is money, of course, so minimizing the turnaround time of Falcon boosters will ultimately remain a major priority, especially as the prospect of Starlink launches loom.
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!
In the world of autonomous ride-hailing, there are only a handful of names. Among those few companies lies a strategy play by each to keep the opposition on their toes. Tesla, on the other hand, already tipped its hand at where it is headed next.
Tesla has signaled its next major push in the autonomous ride-hailing market by filing for an Autonomous Vehicle Network Company permit in Nevada (Docket 26-05015). Through Tesla Robotaxi, LLC, the company seeks approval to operate up to 5,000 robotaxis in Clark County, including high-traffic areas like Las Vegas and Henderson airports, within the first 12 months of launch.
This filing builds on Tesla’s earlier testing approvals from the Nevada DMV in September 2025 and preparations such as maintenance hubs in the Las Vegas area. Nevada represents a strategic expansion into a major tourist destination, where high visitor volumes could drive strong utilization and showcase the reliability of unsupervised autonomy to a broad audience.
We’d have to assume this means Tesla is targeting Las Vegas, and it’s a great move from a business perspective.
Vegas is such a melting pot of people from all around the country and the world. It will expose people from all corners of the globe to Tesla’s autonomy capabilities https://t.co/Qz3fQmhULF pic.twitter.com/Du5pj2RyWC
— TESLARATI (@Teslarati) June 6, 2026
Approval would mark a significant step toward commercial operations in a new state, following progress in Texas.
Tesla’s shareholder decks and earnings calls have clearly outlined these ambitions. In the Q4 2025 shareholder deck, the company listed planned Robotaxi coverage for the first half of 2026, explicitly naming Las Vegas alongside Phoenix, Miami, Orlando, and Tampa, with Dallas and Houston already advancing. Austin was noted as “ramping unsupervised,” while the Bay Area remained in safety-driver mode.
By Q1 2026, the deck updated statuses to reflect launches in Dallas and Houston, with “preparations underway” for the remaining cities, including Las Vegas. Paid Robotaxi miles nearly doubled sequentially in Q1, underscoring momentum even as broader timelines adjusted slightly for regulatory and operational readiness.
On earnings calls, CEO Elon Musk and executives have emphasized a phased rollout prioritizing safety. Unsupervised operations in Texas have shown strong results with no reported accidents or injuries in the program. Tesla continues groundwork in additional major U.S. metros through testing and permitting, positioning it to scale quickly once approvals clear.
This Nevada move aligns with Tesla’s vision of transforming from an EV maker into an AI and robotics leader. The forthcoming Cybercab, which started production at Giga Texas in April, is expected to eventually dominate the fleet, replacing many Model Y vehicles and driving down costs to enable affordable rides.
For investors and the industry, this signals Tesla’s intent to dominate key Sun Belt and tourist markets where weather, regulations, and demand favor rapid scaling. Success in Las Vegas could validate the model for denser urban and high-tourism environments, accelerating the shift toward a future where robotaxis generate meaningful revenue.
Las Vegas will also expand knowledge among the general public at Tesla’s capabilities, helping people experience driverless ride-hailing from several companies during their time on The Strip.
The Tesla Model 3’s cheapest trim level just got a major accolade, as Edmunds just revealed the Rear-Wheel-Drive trim of the all-electric sedan is the most efficient EV that is currently in production.
The 2026 Tesla Model 3 Rear-Wheel-Drive not only beat its EPA-estimated range by 30 miles, but it also bested its efficiency mark by 13.2 percent. The Model 3 tested by Edmunds traveled 393 miles, beating its EPA rating by 8.3 percent, while it returned 21.7 kWh per 100 miles, or 4.61 mi/kWh.
Beating those two metrics is especially pertinent when it comes to EV ownership and driving down the cost of ownership from ICE counterparts across the board. The real money savings come from driving down the cost of driving per mile, especially when it comes to high-mileage driving.
Edmunds stated in its report and review that the process it uses to test EV efficiency is aimed at giving “the most accurate representation of a car’s real-world range.” The assessment uses a strict route that features 60 percent city and 40 percent highway driving, and an average speed of 40 MPH across the trip.
It also drives each car within 5 MPH of all posted speed limits, and the climate control is set on Auto at 72 degrees to ensure even testing. In other words, Edmunds does not use methods to maximize efficiency, and instead tries to make it reasonable to achieve the same ratings yourself.
In comparison to other EVs, it beat the 2026 Mercedes-Benz CLA 350, which went 385 miles, as well as the 2026 Audi A6 Sportback E-tron Prestige AWD, which traveled 392 miles. Only the Mercedes-Benz CLA 250+ traveled farther, making it an impressive 434 miles on a charge.
However, the Tesla Model 3 RWD’s efficiency is “unmatched” because of its incredibly low energy usage per mile.
🚨 Tesla Model 3 RWD:
-At $36,990, it is $9,000 cheaper than the average transaction price for a new car ($46,023 via KBB)
-Was 13.2% more efficient than its EPA estimate
-Traveled 393 miles on a charge despite its 363-mile EPA range https://t.co/Grov2hXqpa pic.twitter.com/Zl8rnZZLIB
— TESLARATI (@Teslarati) June 8, 2026
The Model 3 Rear-Wheel-Drive might be the best bang-for-your-buck EV if you’re looking to buy new and want access to features like Full Self-Driving, while also being aware of efficiency. This trim of the Model 3 is also priced over $9,000 cheaper than what Kelley Blue Book says the average transactional price for a new car was in May 2026, which sits at $46,023.
If you’re looking for something with more speed, an All-Wheel-Drive drivetrain, or more premium features, the Premium trims of the Model 3 currently come with one year of Free Supercharging.
The Ontario Teachers’ Pension Plan (OTPP) stands to reap one of the most extraordinary returns in pension fund history thanks to a bold 2019 investment in SpaceX.
According to a recent report from The Globe and Mail, the Toronto-based fund invested roughly $300 million CAD (~$220 million USD at the time) in Elon Musk’s space company as its inaugural deal through the Teachers’ Innovation Platform.
At SpaceX’s anticipated $1.75 trillion IPO valuation, set for a mid-June debut on Nasdaq under ticker $SPCX, that stake could now be worth up to $11.6 billion USD. This would represent a roughly 50x return and easily become OTPP’s most successful single investment ever.
The fund manages $279 billion in assets for approximately 346,000 working and retired teachers in Ontario, potentially delivering an average boost of around $33,500 per member if fully realized.
SpaceX has filed its S-1 and plans to price shares at $135 each, aiming to raise a record $75 billion in what would be the largest IPO in history, surpassing Saudi Aramco. The company reported $18.67 billion in revenue for 2025, driven primarily by Starlink satellite internet growth and NASA contracts, though it continues to post significant losses tied to ambitious R&D in Starship and AI initiatives.
Important pieces moving forward include:
- Starlink Expansion: The satellite broadband service is scaling rapidly, targeting global connectivity, especially in underserved rural and remote areas. This segment offers massive recurring revenue potential as numbers climb.
- Starship and Reusability Leadership: SpaceX’s fully reusable Starship aims to slash launch costs dramatically, enabling frequent missions, Mars ambitions, and lucrative government/defense contracts. Success here could unlock exponential growth.
- AI and Diversification: Recent moves, including ties to xAI, position SpaceX in high-growth AI infrastructure, broadening beyond traditional aerospace.
- Validation Scrutiny: While the $1.75 trillion target excites investors, analysts like Morningstar value the company closer to $780 billion, citing high multiples (around 90x trailing revenue) and execution risks. A 180-day lockup period will prevent early investors like OTPP from selling immediately post-IPO.
The irony has not been lost on observers. Ontario’s government previously canceled a Starlink rural internet contract amid political tensions involving Musk, yet the pension fund’s savvy investment, made when SpaceX was valued around $33-36 billion, and Starlink was nascent, delivers outsized gains independent of politics.
For OTPP, this windfall strengthens its already solid 111 percent funding ratio and underscores the value of patient, innovation-focused capital allocation.
For SpaceX, the IPO marks a new chapter: greater transparency, access to public markets for talent retention and growth capital, and heightened pressure to deliver on its multi-planetary vision.
All eyes are fixed on whether SpaceX can justify its lofty valuation through sustained execution. For Ontario teachers, the returns are already stellar, but SpaceX, like other Musk companies in the past, has plenty of things to prove. Perhaps the most ideal person for the job is at the helm, hoping to bring the company to a massive valuation.
Tesla tipped its hand at where Robotaxi is heading next
Tesla Model 3’s cheapest trim just got a major accolade
