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SpaceX Falcon 9 Block 5 booster nails third launch and landing in 7 months
Following a bit less than three weeks of relentless launch delays and scrubs, SpaceX has successfully launched and landed a Falcon 9 Block 5 booster for the third time, marking a critical milestone for the company’s long-held aspiration of building and operating rockets that can begin to approach the reliability, reusability, and affordability of modern aircraft.
While SpaceX still has a long way to go before Falcon 9 (or BFR) can hope to touch airliners, this triple launch and landing of a single Falcon 9 booster is the biggest step yet towards that critical goal. Having now completed three launches in an impressively routine fashion, Falcon 9 B1046 may be on a fast track to become the first SpaceX rocket to launch four or more times in the near future.
Falcon 9 first stage has landed on the Just Read the Instructions droneship—completing this rocket booster’s third launch and landing this year. pic.twitter.com/DXqT7KH9sM
— SpaceX (@SpaceX) December 3, 2018
What exactly goes into the process of preparing Falcon 9 Block 5 boosters for reused launches is not entirely clear, but it can be said with some confidence that Block 5 (or SpaceX’s comfort level) is not quite to the point that a booster has flown with literally zero significant refurbishment between launches. It’s possible that the average 3-4 months Block 5 boosters currently spend between launches is filled solely with inspections, nondestructive testing, and perhaps some mild cleaning in certain areas, but it’s certainly not as probable as the need for some mildly to moderately significant repairs or part replacements.
Ultimately, this is a transparent nitpick that ignores the simple reality that SpaceX is already reusing rockets more rapidly and efficiently than any other entity in history, in which NASA’s Space Shuttle is truly the only orbital-class rocket that can lay claim to technically faster launch turnaround times, although Shuttle refurbishment relied on a massive infrastructure that cost a minimum of $5-10M every day. At the absolute least, SpaceX’s inspection and refurbishment of Falcon 9 Block 5 boosters is somewhere between 10 and 20 times cheaper than NASA’s best Shuttle refurbishment.
Four launches and beyond
While SpaceX webcast hosts and company engineers Lauren Lyons and Kate Tice didn’t specifically mention the possibility, it’s very likely that – should post-recovery inspections uncover no major surprises – Falcon 9 B1046’s successful third launch and landing could pave the way for a future of 4, 5, 6, or more launches as 2018 comes to a close and 2019 nears the horizon. As SpaceX’s reusability engineers and technicians begin to gain confidence with how Falcon 9’s Block 5 upgrade behaves after multiple launches and landings, the time needed between flight-proven launches of the same booster should continue to rapidly decrease over the next 6-12 months. According to COO and President Gwynne Shotwell, Block 5 boosters are already outperforming expectations.
Shotwell: Falcon 9 first stages come back in much better shape than anticipated. Have refurbishment time down to four weeks; goal is still a one-day turnaround next year. #WSBW
— Jeff Foust (@jeff_foust) September 11, 2018
Finally, Lyons noted that SpaceX had, in fact, sent Mr. Steven out into the Pacific Ocean for the fairing recovery ship’s first catch attempt in more than four months, and said that the company would provide updates about that attempt later on. Stay tuned to find out how that fairing recovery attempt went!
Mr. Steven is stationed in the Pacific, as SpaceX will attempt to catch and recover the fairing this mission. pic.twitter.com/A7aBSJoFfc
— SpaceX (@SpaceX) December 3, 2018
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 just gave what is perhaps its biggest signal yet that the launch of the Cybercab, its autonomous ride-hailing-geared car, is imminent.
The Cybercab has been spotted outside of Gigafactory Texas in massive numbers over the past few days, with hundreds of units being stored on property just days after the vehicle received a Certificate of Conformity from the EPA.
Today, things were a bit different.
Cybercabs spotted on Giga Texas property today had an addition: a Cybercab decal on the side, reminiscent of the “Robotaxi” ones that were placed on Model Ys just as the company launched its ride-sharing platform about a year ago.
Giga Texas drone operator Joe Tegtmeyer noticed the change today:
Tesla Cybercabs are now getting “Cybercab” logos on the side of them!
Tesla did the same with Model Ys that were given “Robotaxi” logos: https://t.co/DanANtw1m7 pic.twitter.com/FqOhH0S9Ks
— TESLARATI (@Teslarati) June 19, 2026
Tesla could be signaling that the Cybercab is preparing to enter the Robotaxi fleet in the coming weeks or months with this move. It seems more symbolic than anything; Tesla is ready to throw Cybercabs in the ride-hailing platform just as it did with Model Ys last year.
The addition of the Certificate of Conformity awarded to the Cybercab is another major factor working to Tesla’s advantage. The company now has permission from the EPA to allow the vehicle to operate on public roads and enter the chain of commerce. It’s officially street legal.
Tesla Cybercab specs revealed: range, curb weight, range ratings, and more
The big question that remains is whether Tesla will be able to operate the car without a safety monitor, especially considering it plans to put the car out there without a steering wheel or pedals. With the Cybercab only having a seating capacity of two, it is hard to believe Tesla will even consider putting a Safety Monitor in the car.
It did recently self-certify as Level 4 and has the ability to operate driverless vehicles in the State of Texas under a law that took effect on May 28. You can read more about that here:
Tesla’s Robotaxi dreams just took a massive step toward reality
We’d imagine Cybercabs will be on the roads as soon as July, but August will likely be a better estimate of when the car will be entered into the Cybercab fleet. It all depends at where Tesla is, as they’ve truly prioritized safety with the rollout of the Robotaxi platform.
Elon Musk has publicly questioned Moody’s credit assessments following the rating agency’s decision to assign SpaceX a Baa1 investment-grade rating, two notches above Tesla’s Baa3. The comments came amid discussions comparing the two companies’ financial profiles.
SpaceX earned its first-time Baa1 rating with a stable outlook from Moody’s. The agency highlighted the company’s leadership in orbital launches, the growing recurring revenue from its Starlink satellite network, strong vertical integration, U.S. government contracts, and emerging opportunities in AI infrastructure.
These factors were cited as supporting robust cash flows, margin expansion, and financial flexibility.
Musk responded directly: “Tesla’s credit rating is ridiculously low tbh,” and added, “Yeah, makes no sense. Tesla has over $40B in cash, no debt, and is consistently profitable!” His remarks underscored Tesla’s balance sheet strength and profitability at a time when many traditional automakers continue to report losses in the shift to electric vehicles.
Yeah, makes no sense.
Tesla has over $40B in cash, no debt and is consistently profitable!
— Elon Musk (@elonmusk) June 19, 2026
Tesla maintains a leading position in the global EV market, with diversification into energy and storage, battery technology, and robotics through projects like Optimus. Recent financial updates show the company generated positive free cash flow of $1.4 billion in Q1 2026, supported by operating cash flow of $3.9 billion. Cash and short-term investments stood at approximately $44.7 billion.
Moody’s has affirmed Tesla’s Baa3 issuer rating with a stable outlook in periodic reviews, acknowledging the company’s EV leadership, technology strengths, including AI for autonomous vehicles, solid profitability, and strong liquidity.
Tesla (TSLA) scores Baa3 Moody’s rating for ‘stable’ outlook
However, the agency has also noted challenges in the automotive segment and expectations for margin pressures.
Musk’s critique highlights a common debate about how traditional rating methodologies apply to high-growth, capital-intensive technology companies. SpaceX benefits from long-term government-backed contracts and diversified, recurring revenue streams, while Tesla’s valuation reflects heavy investment in future technologies such as autonomy and robotics.
Both ratings remain investment-grade, yet the one-notch difference has fueled online discussion about potential inconsistencies in evaluating innovative firms.
The exchange comes as SpaceX explores financing options following its recent valuation milestones, while Tesla continues executing on its multi-year roadmap. Musk’s pointed response serves as a reminder that credit ratings, though influential for borrowing costs, represent one lens through which markets assess corporate strength—and that company leaders often view their financial positions through the lens of long-term innovation and cash generation rather than short-term risk metrics alone.
A new report from Reuters claims that a transport authority in Sweden is pushing back against the approval of Tesla’s Full Self-Driving suite because it will travel over speed limits.
The report says the Swedish Transport Administration (TRV) recommends the European Union votes against FSD’s approval. TRV believes it should not be approved until Tesla disables FSD’s ability to speed.
TRV sent a letter to the European Union’s Technical Committee on Motor Vehicles (TCMV), which is set to meet on June 30 to discuss the potential approval of the Tesla FSD suite in the country. Tesla, which has received various approvals in Europe over the past two months, has not provided a comment.
Teslas operating on FSD do travel over the speed limit, depending on the Speed Profile that is chosen. Drivers have the ability to disengage FSD at any point; Tesla specifically states that those supervising the suite are responsible for its actions.
Let’s cut to the chase: humans operating any vehicle speed almost daily in the United States. Realistically, speed limits in the U.S. are more frequently treated as speed minimums. However, other countries are different, and driving behaviors are less aggressive.
TRV believes that “allowing automated systems to systematically exceed legal speed limits…risks undermining both the legal framework and the expected safety benefits of vehicle automation,” the report stated. It’s surprising that Tesla has not received this claim from other countries previously.
This could be a good argument to bring Max Speed back, the setting that previously allowed the driver to choose the absolute fastest the car would travel.
This would still put the responsibility of supervision in the hands of the driver. It would allow the driver to choose whether the car would travel over the speed limit or not, acknowledging that they set the speed, and if they get pulled over, there would be no ability to argue it.
However, it does not seem as if this is something Tesla will do, especially considering many U.S. drivers have requested the feature in an effort to eliminate speeding or at least tone it down. The company has not shown any interest in bringing it back.
Tesla has approvals for FSD in Europe in Estonia, Lithuania, Denmark, the Netherlands, and Belgium.
Tesla Cybercab launch is imminent after latest sighting at Giga Texas
Elon Musk says this part of Tesla ‘makes no sense’
