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SpaceX Falcon 9 booster nails record fourth launch and landing during Starlink-1
For the first time ever, SpaceX has successfully launched and landed the same Falcon 9 booster on four separate orbital-class missions, pushing the rocket’s Block 5 upgrade one step closer to realizing its ambitious design goals.
After an unprecedented lull of more than three months between launches, SpaceX has successfully returned to flight with its internal Starlink-1 mission, simultaneously crossing off multiple rocket reusability milestones. In terms of value added, Falcon 9 booster B1048’s reflight was the most important non-satellite achievement of the mission.
Impressively, B1048 has now successfully launched and landed on four separate occasions, a first for all Falcon 9 or Heavy boosters. Some nine minutes after lifting off from Cape Canaveral, Florida’s LC-40 launch pad, B1048 came to a gentle, near-bullseye halt aboard drone ship Of Course I Still Love You (OCISLY), stationed some 630 km (340 mi) northeast of the Florida coast.
With the successful completion of Starlink-1, B1048 alone has now collectively supported the launch of more than 35 metric tons (77,000 lb) into Earth orbit, as well as the first attempted (but sadly unsuccessful) commercial Moon landing attempt as part of its third launch in February 2019. This particular tidbit is noteworthy because it likely makes B1048 the first Falcon 9 booster to help orbit more than twice the payload mass it would otherwise be capable of launching in a single mission, an impressive reminder of the game-changing success of SpaceX’s reusable rocketry development.
Even then, B1049 is likely close on B1048’s heels – if not already ahead of the booster – in terms of the mass of satellites it has singlehandedly helped to place in orbit.
Aside from Falcon 9 B1048’s historic fourth launch and landing, Starlink-1 also marked the first time SpaceX has launched a flight-proven payload fairing, a huge step towards ensuring that nearly all future Falcon launches are up to 80% flight-proven and 80% reusable. Starlink-1’s payload fairing previously flew on Falcon Heavy Block 5’s Arabsat 6A launch debut back in April 2019, essentially a worst-case scenario for fairing reuse.
That successful reuse in spite of the fairing’s exceptionally extreme launch and recovery conditions suggests that almost any fairing recovered in the future will capable of at least one reuse, be it on internal Starlink missions if not customer launches. CEO Elon Musk has previously indicated that Falcon 9 (and Heavy) fairings represent approximately 10% of the cost of Falcon 9 launches, meaning that each set of halves has a price tag of roughly $6 million. Additionally, it’s believed that Falcon fairing production has some of the longest lead-time aspects of any aspect of SpaceX rocket manufacturing, to the point that fairings could easily become a bottleneck for launch cadence without expensive production facility upgrades.
Instead, SpaceX may have chosen to spend a similar amount of time and money making Falcon fairings routinely recoverable and reusable. That program crossed a turning point in June and August 2019, when fairing recovery ship GO Ms. Tree (formerly Mr. Steven) successfully caught two fairing halves in a row, unequivocally proving that the challenging catches are repeatable. Three months later, November 11th’s Starlink-1 launch has also proven that fairings can be reused even without a successful catch, meaning that it will likely be far easier and far more viable to reuse fairings that have been saved from ocean baths.
Unfortunately, SpaceX had to call off an attempted dual recovery of both fairing halves and GO Ms. Chief’s first operational catch attempt due to high seas in the recovery area. Prior to her remaining, similar sea conditions destroyed and broke off two of Mr. Steven’s arms while traveling to the recovery area, and SpaceX has clearly learned from that experience.
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SpaceX’s Starlink-1 launch webcast can be watched in full at the link below.
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Elon Musk
The Boring Company’s newest tunnel vehicle runs on Tesla parts and no one is driving it
The Boring Company’s new tunnel vehicle runs on Tesla Model 3 batteries and drive units.
The Boring Company just introduced a new piece of hardware, and it runs on parts pulled straight from a Tesla showroom. Liner Truck 3, unveiled in a post from the tunneling company’s official X account, is an all electric vehicle built around Tesla Model 3 battery packs and drive units, purpose built to move concrete tunnel segments to the boring machine face without a single person underground.
Introducing Liner Truck 3 — our latest fully electric tunnel vehicle.
– Tesla Model 3 battery and drive units
– Transports 22,000+ lb of concrete segments to the boring machine
– 28 miles of range
– 12 mph max operating speed
– Remotely piloted from Global OCC in Texas, with… pic.twitter.com/XB7FgSXnpy— The Boring Company (@boringcompany) August 7, 2026
The job itself is unglamorous but critical. Each precast segment run weighs more than 22,000 pounds, roughly the load of a full cement mixer, and Liner Truck 3 hauls that weight repeatedly between the surface staging area and wherever the Prufrock machine happens to be cutting.
The Boring Company said Liner Truck 3 is piloted remotely out of its Global Operations Control Center in Texas, extending the Zero-People-In-Tunnel approach the company has spent years building toward. An earlier version of a ZPIT liner truck was already tested at the company’s Bastrop, Texas research tunnels, and a factory tour released last month showed an employee flying a fully loaded liner truck with a PlayStation controller. Liner Truck 3 looks like the production version of that same idea, cleaned up and pushed into daily use.
The timing lines up with a company digging in more places than it ever has before. The Boring Company now has multiple Prufrock machines active or arriving in Nashville, where Music City Loop construction has been accelerating since February, and its Vegas Loop network keeps adding tunnel mileage on a near monthly basis. Every one of those projects depends on getting concrete segments to the cutting face fast enough to keep the boring machine from idling, which is exactly the bottleneck Liner Truck 3 is designed to remove.
It also reinforces something Tesla owners have watched happen gradually across Musk’s companies: passenger car hardware finding a second life in heavy equipment. Model 3 drive units already move people through the Vegas Loop, and now the same components are hauling concrete underground in Nashville and wherever The Boring Company digs next. Whether that kind of component reuse extends further into TBC’s equipment lineup, or into other Musk owned industrial hardware, is the next thing worth watching.
SpaceX stock did the opposite of what most of Wall Street expected this week, when the day designed to be its most dangerous turned into a rally, and the rally kept going.
Thursday marked the first major lockup expiration since SpaceX’s June IPO, making roughly 911.5 million insider held shares eligible to trade for the first time, more than doubling the company’s public float. Analysts and short sellers had spent weeks bracing for a flood of selling, especially after the stock fell 13 percent following its first earnings report as a public company on Tuesday. Instead, shares rose 6.1 percent Thursday to close at $114.92, and by Friday they were trading near $129, up more than another 12 percent on the day.
SpaceX shorts get warned by Musk ally, echoing Tesla’s early struggles
The setup made the outcome notable. Short interest had climbed to roughly 34 percent of the float heading into earnings, among the highest of any large cap stock, with about 95 percent of available shares to borrow already on loan. CEO Elon Musk warned short sellers twice in the weeks before the lockup, writing on X that “the survival probability of firms who maintain a significant short position in SpaceX over time is very low,” then following up on the morning of earnings with “I try to warn them, but they just double down.”
When the newly unlocked shares hit the market and the selloff never showed up, some of that short position appears to have started unwinding. TipRanks reported that options activity shifted toward bullish strategies like put selling and risk reversals following the rally, with roughly $600 million in options premium trading Thursday alone. Retail buyers also stepped in during the earnings dip, according to Vanda Research.
The fundamentals behind the stock have not changed much in a week. SpaceX’s revenue nearly doubled year over year to $7.8 billion, with Starlink subscribers doubling to 12 million and the company’s AI segment growing 247 percent. What spooked investors on Tuesday was the spending side. Capital expenditures jumped to more than $18 billion for the quarter, up from $2.8 billion a year earlier, with AI investment alone rising from $749 million to $15.8 billion. Wall Street remains split on whether that spending is building infrastructure SpaceX needs or outrunning what the business can currently support, a debate Teslarati has tracked since shares first came under pressure.
None of that resolves the bigger question hanging over the stock. Thursday’s release was only the first of nine staggered lockup tranches, with roughly $800 billion worth of additional shares scheduled to become eligible through October, and Musk’s own stake stays locked until next June. If this week is any indication, the market is treating that supply as something it can absorb rather than something to fear, at least for now.
News
The Boring Company’s newest Vegas Station has a permit quietly waiting behind it
Sahara Las Vegas opened a new Vegas Loop station, joining an exclusive two resort transit club.
Sahara Las Vegas opened a new Vegas Loop station Thursday, giving The Boring Company’s underground transit system its northernmost stop yet on the Strip. The station sits at Sahara’s Paradise Road entrance, on the southeast corner of Las Vegas Boulevard and Sahara Avenue, and connects riders to the Las Vegas Convention Center, other Strip resorts on the network and, eventually, Harry Reid International Airport.
The addition makes Sahara the second resort, after Fontainebleau opened its own station in January, to get a stop built at street level rather than tucked into the property itself. Sahara now joins Westgate as the only two Strip resorts offering both a Vegas Loop station and a stop on the Las Vegas Monorail, giving guests two separate ways to get around without leaving the property.
The Boring Company just doubled its tunneling power in Nashville
The bigger news buried in Thursday’s announcement is what comes next. Boring Company has already secured its first permit to tunnel north of Sahara Avenue, extending the network beyond where it currently ends, even though permits to push the Loop toward downtown Las Vegas still haven’t been granted. Crews are also working on a two mile dual tunnel line running from Westgate to a planned station at 4744 Paradise Road, just north of Tropicana Avenue, that Las Vegas Convention and Visitors Authority CEO Steve Hill has said the company hopes to open in time for November’s Las Vegas Grand Prix.
Ridership has grown alongside the buildout. The Loop moved roughly 82,000 passengers during CONEXPO in early March, a total the company highlighted on its own X account at the time, and the system has now carried more than 4 million passengers through 11 open stations since it began running in 2021. The airport connector tunnels, meant to give the Loop a direct link to Harry Reid, have slipped past their original first quarter target and remain under construction, with Boring Company director Mike Baier saying that a full opening is still a few months out.
For Sahara, the calculation is straightforward. Convention traffic drives a large share of Loop ridership, and a station at the property’s front door gives conventiongoers one more reason to book rooms on the Strip’s north end instead of closer to the convention center itself.
The Boring Company’s newest tunnel vehicle runs on Tesla parts and no one is driving it
Elon Musk and SpaceX shrugs off the trading day Wall Street feared most
