SpaceX
SpaceX Falcon 9 Block 5 booster preps for next launch as fairing fragments surface
As part of a recent 10-year anniversary celebration of SpaceX’s first successful launch to reach orbit, Falcon 9 B1047 was spotted undergoing inspections and refurbishment after the Block 5 booster’s launch debut, placing the 7-ton Telstar 19V communications satellite in orbit on July 22nd.
Meanwhile, a bit north of B1047’s cozy Cape Canaveral refurbishment hangar, battered fragments of a Falcon 9 payload fairing half – part of the very same Telstar 19V mission – were discovered by a fisherman off the coast of South Carolina.
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A tale of two halves
Around nine minutes after lifting off from SpaceX’s LC-40 pad, Falcon 9 B1047 gracefully landed on drone ship Of Course I Still Love You (OCISLY), followed soon after by confirmation of Falcon 9 Block 5’s second launch success. Perhaps a tad toasty after what one might call a ‘medium-well’ reentry, the upgraded booster was otherwise perfectly intact. A minute after B1047 separated from Falcon 9’s upper stage and Telstar 19V payload, the fairing – tasked with protecting the satellite from the stresses of high-speed atmospheric flight – was jettisoned from the second stage, splitting into two halves and falling away from the rocket in order to save precious mass on S2’s push towards orbit.
Falcon 9’s first stage separates from the upper stage for quite different reasons, cued quite literally by its propellant tanks essentially reaching “empty” – albeit an “empty” that typically includes some fumes for the booster’s safe recovery. The payload fairing, on the other hand, is detached from the second stage the moment that Falcon rises above a particular point in Earth’s atmosphere, only exposing its sensitive satellite(s) to the elements once in near-vacuum conditions. Ultimately, fairing halves separate from Falcon 9 at velocities significantly higher than that of the booster but are subjected to far more forgiving reentry conditions, requiring just a minimal of thermal protection to make it to (or just above…) the ground/ocean unscathed.
Detailed images of GO Pursuit returning to Port Canaveral this afternoon with a partial fairing half following Sunday’s launch of Falcon 9 and Telstar 19V. Damage is no surprise, as these east coast fairings — for now — land in the water. pic.twitter.com/AxkwUQH67b
— John Kraus (@johnkrausphotos) July 24, 2018
SpaceX recently began seriously attempting to recover Falcon 9 payload fairings, albeit almost exclusively during West Coast launches in order to let Mr. Steven attempt to catch the parasailing halves in the Pacific Ocean. Thus far, SpaceX engineers and technicians have not yet solved the challenging problems, although fairing halves have reportedly landed as few as 50 meters from Mr. Steven’s grasp and at least five have been recovered intact after landing gently on the ocean surface. On the East Coast, Falcon fairings are not nearly as lucky, typically alternating between smashing directly into the ocean and landing gently upon it, depending SpaceX’s need for experimental recovery data.
By all appearances, B1047’s fairing halves both plummeted – unarrested – into the Atlantic, shattering into pieces of fragile carbon fiber-aluminum honeycomb. Thanks to the extremely lightweight nature of their composition, even waterlogged fairing fragments tend to float almost indefinitely, winding up in far-flung places many hundreds or thousands of miles from the point of impact. A particularly large fairing fragment from Telstar 19V clearly survived its greater halve’s violent ends, floating its way 600-800 miles northwest to the coast of South Carolina. After taking photos, the fisherman rather poetically let it float away, permitting it several more weeks of freedom before washing up on some shoreline and making its way onto eBay.
- A Falcon 9 fairing fragment was discovered floating off the coast of South Carolina two months after launching with Telstar 19V. (TheHullTruth /u/gofish)
- Telstar 19V’s Falcon fairing artwork, a dead-ringer for the fairing flotsam. (SpaceX)
- B1047 returned safe and sound to Pad 39A for refurbishment less than a week after launching and landing. (Instagram /u/d_lo_ags)
Ultimately, SpaceX engineers and technicians will continue to work towards successful, reliable, and routine fairing recoveries, inevitably experiencing many failures before a functional solution is found and optimized, just like the teams that brought Falcon 9 first stage recovery from blueprint to reality. In the meantime, serendipitous events like this will continue to serve as both stark reminders of the unforgiving hurdles along the path to orbital-class rocket hardware recovery and the undeniable fact that it already can and has been done before.
Investor's Corner
SpaceX is launching a secret spacecraft that could change how things are made in space
SpaceX’s secret disk-shaped Starfall capsule is targeting a market no reentry vehicle has cracked.
SpaceX is targeting Tuesday, June 23 for the first flight of Starfall, a reentry capsule the company has developed almost entirely in private. The Falcon 9 launch window opens at 6:43 a.m. ET from Space Launch Complex 40 at Cape Canaveral Space Force Station, with a backup window available the same time on June 24. SpaceX has made no public announcement about the vehicle, only providing launch details. Everything known about it has come through FAA and FCC regulatory filings.
What makes Starfall different starts with its shape. Rather than the traditional cone used by Dragon and every other cargo return capsule in operation, Starfall is a flat disk that measures roughly 10.2 feet (3.1 meters) wide and just 2.5 feet (0.75 meters) tall, and weighing 4,630 pounds (2,100 kg) and capable of returning up to 2,200 pounds (1,000 kilograms) of payload from orbit. The disk geometry maximizes structural efficiency and payload volume relative to mass, and the heat shield mechanically jettisons just before splashdown, allowing recovery teams to retrieve both the capsule and the shield separately from the Pacific Ocean.
The difference with Starfall from existing competitors, such as Varda Space Industries, which has largely built the orbital manufacturing market and returns heavy payloads per flight is that Starfall’s specification is roughly 30 times more per mission, and is designed to be mass-produced and launched on either Falcon 9 or Starship. That combination of volume and launch access is something no standalone startup can replicate, and it puts SpaceX in direct competition with the companies that currently pay it to reach orbit.
SpaceX to launch military missile tracking satellites through new Space Force contract
The intended market is orbital manufacturing: pharmaceuticals, protein crystals, semiconductors, and advanced optical fiber that physically cannot be produced in the presence of gravity. FAA documents describe Starfall’s long-term purpose as building a “self-sustaining commercial in-space manufacturing market” and as a potential successor to the industrial capabilities of the International Space Station, which is set to retire in the late 2020s. Military rapid global cargo delivery is a parallel application under active discussion with the Pentagon.
The reason some industries seek manufacturing in space comes down to gravity. On Earth, gravity causes materials to settle, separate, and deform during production. In microgravity, those constraints disappear.
SpaceX’s already controls launch access, which means it currently functions as the landlord for every competitor in the orbital manufacturing return space. Starfall converts that landlord position into vertical ownership, and it would no longer just carry other companies’ capsules to orbit, but rather operate the capsule, own the return logistics, and capture the service revenue directly. Viewed alongside Starlink, Colossus, and the xAI merger, Starfall fits a consistent pattern: SpaceX identifying infrastructure layers that others depend on and moving to own them outright. Orbital manufacturing return is the next layer on that list.
If Tuesday’s reentry, parachute sequence, and recovery demonstration goes as planned, the second FAA-approved test flight follows. A successful pair of demos would position SpaceX to begin offering Starfall as a commercial service, likely first to pharmaceutical and materials science customers before scaling toward the military and broader manufacturing segments.
Elon Musk
President Trump touts new Air Force One with Musk technology
President Donald Trump unveiled an upgraded Boeing 747-8 at Joint Base Andrews on June 19, 2026, describing the Qatar-gifted aircraft as an interim Air Force One equipped with advanced communications systems, including Starlink, Elon Musk’s SpaceX satellite internet service.
The plane, valued at around $400 million and modified for presidential use, serves as a bridge until the delayed VC-25B replacements arrive. Trump highlighted its luxury features and new technology during remarks to service members.
Trump stated:
“We have communication equipment up there that nobody’s ever seen before. It’s the highest level and, uh, including Starlink. My friend Elon is going to be very happy, but, uh, Starlink and we have, uh, four or five different sets of double and triple communications like people haven’t seen.”
He added:
“And it represents what can happen with hard work, innovation, and aggressive timelines because we did this quickly and yet there’s never been communication like is on this plane.”
🚨 President Trump confirmed today that the new Air Force One is equipped with Starlink:
“We have communication equipment up there that nobody’s ever seen before, it’s the highest level and including Starlink…my friend Elon is going to be very happy.” pic.twitter.com/IhkDmtr5hL
— TESLARATI (@Teslarati) June 20, 2026
The aircraft features a redesigned red, white, and blue livery and has been outfitted with Starlink satellite connectivity alongside other secure systems.
Trump praised the plane’s uniqueness, calling it among the world’s most luxurious. The gift from Qatar and subsequent modifications have drawn attention, with the jet positioned as a solution for presidential travel. It is expected to support operations, including potential ceremonial roles such as Fourth of July flyovers.
The event marked the formal introduction of the converted jet, which will help maintain capabilities while the primary Air Force One fleet undergoes modernization. Defense observers note the inclusion of commercial satellite technology like Starlink as part of efforts to ensure resilient communications, crucial to keep the country running as the President is in the sky.
President Trump’s comments underscored appreciation for rapid upgrades and innovation in equipping the aircraft. The plane remains a U.S. government asset and is slated for eventual transfer related to presidential library purposes after its service.
Elon Musk
Elon Musk just upped his Tesla stake further fueling SpaceX merger conversation
Elon Musk just collected a $116 billion Tesla payday and the timing is eye-opening
Elon Musk quietly collected one of the largest single-transaction paydays in corporate history on Monday. A Form 4 filed with the SEC on June 17, 2026 disclosed that Musk exercised 303,960,630 Tesla stock options from his 2018 compensation package, with the transaction dated June 16. No shares were sold on the open market.
The numbers are straightforward but striking. Musk exercised the options at a split-adjusted strike price of $23.34, with Tesla closing at $404.66 that day, putting the spread at $381.32 per share and generating roughly $115.9 billion in paper gains in a single transaction. To cover the exercise cost, Tesla withheld 17,531,857 shares through a net share settlement, meaning Musk paid nothing out of pocket.
For perspective, in 2018, Elon Musk’s award was originally approved by Tesla shareholders on March 21, 2018, and structured entirely around performance milestones that many analysts at the time called unreachable. Every tranche eventually vested. The original grant covered 20,264,042 shares at $350.02, which after Tesla’s 5-for-1 split in 2020 and 3-for-1 split in 2022 adjusted to 303,960,630 shares at $23.34. A Delaware court rescinded the award in January 2024, ruling the board was conflicted. As Teslarati reported, Tesla shareholders voted to ratify the package anyway in June 2024 by a wide margin. The Delaware Supreme Court reversed the decision in December 2025, finding full cancellation too extreme, and Tesla’s board signed an Implementation Agreement on April 21, 2026 to formally deliver the shares.
The Tesla and SpaceX merger everyone is talking about is quietly building
The timing and structure of the Form 4 filing carries more weight than a routine stock option exercise typically would. Musk exercised his 2018 Tesla award on June 16, a week into SpaceX completing its IPO and trading publicly, and giving SpaceX a public market valuation and share currency for the first time in the company’s history. A stock-for-stock merger between two companies requires the acquiring entity to have tradeable shares it can offer to the target’s shareholders, and SpaceX now has exactly that. At the same time, Musk just increased his direct Tesla voting power to approximately 20%, giving him greater influence over any shareholder vote that a merger would require. The restricted shares he received cannot be sold until 2033, which removes any near-term incentive to cash out and instead positions this stake as long-term structural collateral in a deal. Additionally, Musk’s two companies are already deeply intertwined through shared semiconductor fabrication at their joint TERAFAB facility in Austin, cross-company supply chain transactions, and Tesla’s $2 billion investment in xAI prior to the SpaceX-xAI merger.
Wedbush analyst Dan Ives has publicly placed the odds of a Tesla and SpaceX combination at 80% to 90% by early 2027. The Implementation Agreement that made Monday’s exercise possible was signed on April 21, 2026, roughly two months before the SpaceX IPO closed. That sequencing, building Musk’s Tesla ownership to its highest point ever immediately before SpaceX gains the public currency needed to acquire it, is either an extraordinary coincidence or a carefully staged foundation for the largest corporate merger in history.


