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SpaceX Falcon 9 briefly incinerates itself after another successful mission
SpaceX completes 16th launch of 2017, aims for at least 19 before year’s end
Following the successful separation of Koreasat 5A from SpaceX’s Falcon 9 second stage, the rocket company has completed its 16th flawless mission of 2017. Several launches still remain in the 2017 manifest, leaving SpaceX with as many as 20 successful launches this year if all goes as planned, and this bodes well for SpaceX’s 2018 goal of 30 or more missions.
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- Talented photographer Tom Cross documented the launch in person for Teslarati and produced some gorgeous shots. (Tom Cross/Teslarati)
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- Plenty more to come! (Tom Cross/Teslarati)
Currently coasting in a comfortable geostationary transfer orbit after a wild ride aboard Falcon 9, the launch of Koreasat 5A exemplifies SpaceX’s ever-maturing expertise and comfort with rapid and routine launches and booster recoveries. Falcon 9 is also clearly maturing as a launch system, and has not suffered launch scrubs since the launch of Intelsat 35e in early July. Following first stage separation, Falcon 9 1042 made its way back to Earth and landed aboard Of Course I Still Love You, stationed approximately 350 miles off the East coast of Florida. This marks the 19th successful landing of a Falcon 9 first stage.
Despite suffering some apparently significant fire damage after the recovery of SES-11’s Falcon 9 earlier this month, OCISLY was repaired and sent back into action, performing admirably during its recovery of Koreasat 5A’s Falcon 9 core 1042. The booster may be less than thrilled, as it was captured on camera catching fire just after landing, potentially prematurely removing the possibility of future re-flights if the damage is too severe. SpaceX’s Falcon 9 is effectively a controlled explosion powered by liquid oxidizer and refined kerosene, and boosters cant exactly be faulted for incinerating themselves and their surroundings every once and awhile, although SpaceX almost certainly strives to prevent major fires as much as possible.
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- What a beautiful day for a rocket landing! (SpaceX)
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- 1042’s propellant purge became increasingly toasty… (SpaceX)
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- And the booster finally got some respite from the fire, thanks to OCISLY’s water gun. (SpaceX)
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- Talented photographer Tom Cross documented the launch in person for Teslarati and produced some gorgeous shots. (Tom Cross/Teslarati)
SpaceX’s largest customers buy into reusability
On top of another successful mission, the last week was accompanied by a flurry of revelations regarding SpaceX’s near-term plans. Earlier today, NASASpaceflight.com revealed information it was provided indicating that NASA has cleared Cargo Dragon missions for launch aboard recovered SpaceX rockets. This is an immensely important achievement that cannot be understated. NASA is SpaceX’s largest and most valuable customer, and SpaceX conducts an array of launches each year for the agency’s Commercial Resupply Services program.
While we wait for official confirmation from NASA itself, we can now look forward to at least two more Falcon 9 reuses in the final two months of 2017, both scheduled for launches in December. CRS-13, aiming for an early December launch, is now expected to use the same Falcon 9 booster that launched CRS-11 in June 2017. On the West coast, Iridium has also agreed to launch several NEXT missions aboard reused Falcon 9s, with the NEXT-4 mission now scheduled to launch from Vandenberg Air Force Base aboard the booster that helped lift the Iridium NEXT-2 payload in June 2017.
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All things considered, this is an extraordinary accomplishment. In the first year of commercial reuse, SpaceX has already accomplished three successful missions aboard reused hardware, and is likely to make that five missions before the year is out. There is also a small chance that Falcon Heavy will launch later this year, itself composed of two refurbished boosters and one new booster. The future is looking undeniably bright for SpaceX’s program of rocket reusability.
SpaceX (NASDAQ: SPCX) got an absolutely crazy price target rating from Raymond James after the company experienced a tough first few weeks following its Initial Public Offering (IPO).
Despite the tumultuous start, SpaceX has plenty of believers, and the company’s massively successful Starship launch last Friday, its 13th test flight of the massive rocket, went so smoothly that Raymond James analysts pushed its price target on the company to roughly 7 times its current trading level.
SpaceX Starship just nailed something it’s never done before
The firm officially put a “Strong Buy” rating and an $800 price target on the stock. It currently trades at around $113. Its all-time high is $225.64, reaching this trading level shortly after shares first went public.
Raymond James’ price target is tied to the firm’s confidence after Starship’s 13th test flight. Analysts at the firm said it was an incremental step that reduces engineering risks, citing the widely successful heat shield test that CEO Elon Musk recently detailed, the smooth deployment of Starlink V3 satellites, and a successful in-space engine relight.
SpaceX also managed to see Starship splash down safely in the Indian Ocean, while the Super Heavy Booster fell down to the Gulf of America with no incidents.
It is interesting to see these launches have such a tremendous impact on the stock and what investors think of it. After SpaceX initially delayed the Starship launch last week, shares fell tremendously. Most probably did not realize that the stand-down is a standard practice, especially if everything is not perfect.
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The mission was initially aborted due to an issue with Raptor engines. This was resolved, and Starship launched last Friday after another delay on Thursday, which was caused by weather.
Now that analysts have seen what SpaceX launches are capable of and how impressive the feat is, firms are adjusting their price targets accordingly, making it known that they have high expectations for the space exploration company.
Tesla CEO Elon Musk has responded to reports that Volvo is officially discontinuing the LiDAR sensor on two of its cars.
Volvo announced that it would officially scrap LiDAR systems on its EX90 and ES90 vehicles in various markets. In Norway, owners will get a €1,800 compensation for features that will never arrive due to this decision. There will be no option to remove the unit from vehicles, either.
The issue stems from Volvo’s supplier, Luminar, and its bankruptcy filing. Luminar will no longer be able to supply LiDAR units to Volvo for the EX90 and ES90, effectively axing any use the unit has on vehicles. Volvo will phase out the data collection processes via the LiDAR system, and it will not be utilized whatsoever.
Musk saw the story on X and responded, stating:
“I did try to warn them. Humans drive using neural nets and optical sensors. Same is true for robot cars.”
I did try to warn them.
Humans drive using neural nets and optical sensors. Same is true for robot cars.
— Elon Musk (@elonmusk) July 29, 2026
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Musk has been publicly vocal about his disdain for LiDAR systems, once calling them “a fool’s errand,” as he has consistently kept the outlook that they are not needed for effective self-driving.
The typical example used as evidence for this by Musk is humans themselves: made with only eyes and memories, humans are capable of navigating a car by using what they can see and what they’ve personally experienced on the road.
Elon Musk argues lidar and radar make self driving cars more dangerous
“Same is true for robot cars,” Musk says, as Teslas have eight exterior cameras that help see everything surrounding the vehicle, and a neural network that analyzes behavior and tendencies with every mile driven.
Tesla is a vision-only self-driving company that ditched sensors and radar several years ago in favor of cameras. Behind this effort, the company has established a reputation for having one of the most robust self-driving platforms in the world.
Musk’s big bet with Tesla on its self-driving program’s strategy has widely paid off. Other companies continue to utilize things like LiDAR, radar, and sensors for effective self-driving, but Tesla has shown that there is more than one way to give consumers a strong and accurate driver assistance suite.
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The real question is: who will be the first company to take Musk’s advice and attempt a self-driving platform based on cameras only, or even license FSD for themselves?
Tesla has started to deploy the 2026 Summer Update to owners across its fleet, and among the biggest changes are improvements to Navigation, a new startup animation for the Model 3 and Model Y, Caraoke scoring, and new capabilities for Grok.
As the update has started making its way to some cars, we can now see a few of the features operating in real-time. We will show you what some of the new features look like in this article, along with some additional details on what changed.
Not all of the new features in the 2026 Summer Update have quite made an appearance, but some of them have, so we’ll show those here:
New Animation Screen for 3/Y
Tesla is rolling out a new startup animation for Tesla Model 3 and Model Y owners. This is present in Launch Edition and Performance Model 3 and Model Y, but other trim levels do not have anything like this.
The new animation screen on Model 3/Y with the 2026 Summer Update
Apparently color will also be customizable: pic.twitter.com/wSdwggtG3S
— TESLARATI (@Teslarati) July 27, 2026
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Owners can adjust the color associated with the startup animation to suit their preferences. It is a surprise that more automakers do not focus on this animation for their vehicles; it can be a great first impression piece and make the car immediately feel more luxurious.
Tesla has included this on more premium trims, but it is nice to see it on the Model 3 and Model Y.
Grok Improvements
Grok can now adjust more things in the car outside of the Navigation system. Now, drivers can adjust anything from climate to driving settings by simply speaking to the AI assistant in the car:
@Tesla‘s AI assistant (Grok) with its new vehicle commands in action.
Set the climate, your destination and vehicle settings all in one go! pic.twitter.com/0bBTqaAk6G
— Not a Tesla App (@NotATeslaApp) July 28, 2026
You don’t even have to push a button, either. Instead, you can just say “Hey, Grok,” if you have it enabled. That feature rolled out with the 2026 Spring Update just a few months back.
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This is a great feature, especially pertinent for the Robotaxi platform, as there will be no buttons inside the Cybercab when it eventually starts giving rides to the public. It also broadens Grok’s capabilities, which were relatively limited in terms of vehicle setting adjustments beforehand.
SpaceX gets an absolutely crazy price target after rough IPO
Elon Musk responds to Volvo’s latest LiDAR decision
