SpaceX
SpaceX’s Falcon 9 recovery robot prepares for imminent rocket landing [photos]
SpaceX’s shadow-bound Falcon 9 recovery robot was spotted out and about aboard drone ship Of Course I Still Love You (OCISLY) in the week leading up to the company’s next rocket launch, targeting liftoff at 8:45 pm EST (01:45 UTC), February 21st.
Dedicated to safely securing Falcon 9 and Heavy boosters after landing aboard drone ship OCISLY, the robot – unofficially nicknamed Octagrabber – uses four hydraulic arms and the sheer mass of its solid steel frame to grab onto the ~25-ton boosters’ built-in launch clamps and hold them steady in sea states that would create a hazard for recovery technicians. Effectively a rocket-grabbing robotic tank, Octagrabber will likely play a role in Falcon 9 B1048’s imminent third launch and landing.
Octagrabber with human for scale. 2/14 #spacex pic.twitter.com/JmUYDJubRm
— Pauline Acalin (@w00ki33) February 15, 2019
While Octagrabber’s work tends to take a backseat to the building-sized rocket landings it precedes, the robot has played an important role in SpaceX’s Falcon 9 recovery efforts since it went into service in mid-2017. Its development was expedited in part because of an iffy 2016 rocket recovery in which the Falcon 9 booster in question – destined to eventually become one of Falcon Heavy’s two side cores – landed hard and wound up precariously sliding around the deck of OCISLY, only saved from falling overboard by the lip of the drone ship’s deck.
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- B1023 slid around OCISLY’s deck shortly after launch, nearly falling into the Atlantic. (SpaceX)
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- SpaceX’s rocket-securing robot, known as Octagrabber, seen on OCISLY after another successful rocket recovery, August 12th. (Tom Cross)
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- Octagrabber hangs on to B1046 as OCISLY arrives in port. (Tom Cross)
With a 25-ton, ~150-foot tall pressurized rocket sliding uncontrollably around their work area, SpaceX’s recovery technicians understandably extricated themselves from the situation and were forced to wait for calmer seas before securing the booster to the deck. Aside from a period of a few months in late 2017 where Octagrabber was effectively incinerated while attempting to secure a Falcon 9 booster with a fuel leak, the robot has been a part of nearly every East Coast Falcon 9 drone ship recovery since. The overall value it adds is unclear but the fact that a similar sibling has yet to be built for West Coast drone ship Just Read The Instructions (JRTI) suggests that Octagrabber is viewed as more of a good option to have with an otherwise non-critical level of utility.
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Nevertheless, the lone robot continues to soldier on and is routinely spotted out and about on OCISLY’s deck while the drone ship is docked in Port Canaveral, presumably performing a variety of maintenance checkouts and testing hardware and software between rocket recoveries. While SpaceX’s 2019 launch manifest has had a slow start in January and February, things are expected to get quite a bit more active over the next few months, while a SpaceX executive recently indicated that the company was hoping to conduct 21 or more launches this year.
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- (Pauline Acalin)
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- (Pauline Acalin)
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- Mr. Steven is seen here in Port Canaveral on February 15th, one week before the… accident… (Tom Cross)
Up next on SpaceX’s manifest is a launch just over 12 hours from now, featuring communications satellite PSN-6, an Air Force smallsat, and the first commercial Moon lander. If all goes as planned, the ~5400 kg (11,900 lb) trio will be placed into a high-energy geostationary transfer orbit with an apoapsis around 60,000 km (~38,000 mi) above Earth’s surface. Eight and a half minutes after launch, Falcon 9 B1048 will attempt its third landing in seven months, hopefully setting itself up for a fourth flight (and beyond) later this year. Mr. Steven – having completed a 5000 mile (8000 km) journey just a week and a half prior – will also attempt the first East Coast Falcon fairing catch.
Check out Teslarati’s newsletters for prompt updates, on-the-ground perspectives, and unique glimpses of SpaceX’s rocket launch and recovery processes!
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SpaceX (NASDAQ: SPCX) reported a beat in revenues and EBITDA in its first earnings call report while also minimizing losses as its business continues to gain momentum.
After its IPO in July, SpaceX saw some tough losses on Wall Street due to a major selloff after a delay in its 13th Starship test flight. The ship launched later that week and completed what was arguably the most successful IFT operation in the Starship program’s history.
Nevertheless, the company is continuing on and reported some encouraging financials while also promoting what appears to be a robust outlook moving forward in its Space, AI, and Connectivity divisions.
SpaceX to report first-ever earnings today: here’s what to expect
Earnings Results
- Revenues: $7.8 billion reported vs. $6.7 billion expected
- Adjusted EBITDA: $3.5 billion vs. $2 billion expected
- Net loss of $541 million, an improvement of $467 million from net loss of $1.0 billion
Additionally, CFO Bret Johnsen had these comments:
“2026 has been a momentous year so far, and the second quarter demonstrated the true power of SpaceX. Revenue growth accelerated across all our business segments and we delivered strong operating leverage, with significant margin expansion led by our new AI compute agreements. Our unparalleled leadership in launch, Starlink subscriber growth, new enterprise and government partnerships, and best-in-class AI infrastructure underscore our ability to drive meaningful scale and deliver attractive returns. As a newly public company, we are delighted to welcome our broad base of shareholders and bondholders. We ended the second quarter with $100 billion of cash, cash equivalents, and marketable securities, and $47.5 billion in backlog. This financial strength gives us substantial capacity to invest in Starship, Starlink Broadband and Mobile satellites, and our AI platform, while maintaining a disciplined long-term capital allocation framework.”
Space Business Highlights
SpaceX shared some of its biggest Space Business Highlights for Q2:
- Space revenues grew 55% sequentially and 29% year-over-year to $962 million, driven by a higher number of large customer launches and a favorable customer shift compared to the prior year
- Total costs and expenses for the Space segment were up by $389 million year-over-year, as we continued to accelerate R&D investments in our Starship program, which we believe will reduce the cost to orbit by 99% or more relative to the historical average, and unlock significant revenue potential across all business segments
- Leading launch provider for the world with 78 launches and 1,041 metric tons of mass to orbit deployed over the six months ended June 30, 2026, primarily allocated to Connectivity for the deployment of our Starlink constellation
- Starship V3 development continued to advance towards full and rapid reusability:
- Completed Starship V3’s first suborbital mission in May, Flight 12, which achieved a successful lift off from our new Starbase pad, a precision landing of Starship’s upper stage, and deployment of modified V2 Starlink satellites
- Subsequent to the second quarter, completed Starship Flight 13 in July, which achieved all flight objectives including deploying 20 production V3 satellites, demonstrating in-space relight of a Raptor engine, and executing the softest ever splashdown of Starship, providing critical views of an intact heatshield
SpaceX will report its earnings today at 4:30 P.M. EDT.
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Elon Musk issued a second pointed warning to SpaceX short sellers on Tuesday, just hours before the company was set to release its first quarterly earnings as a publicly traded firm. Responding to a report highlighting elevated short interest, Musk wrote on X: “I try to warn them, but they just double down …”
The comment came as data from S3 Partners showed roughly 95 percent of available SPCX shares to borrow were on loan, translating to about 34 percent short interest as a percentage of the float. The stock has traded under pressure since its record-breaking IPO in June 2026, declining significantly from early peaks.
I try to warn them, but they just double down … 🤷♂️
— Elon Musk (@elonmusk) August 4, 2026
This marks the second such message from Musk in under three weeks.
On July 17, amid post-IPO volatility, he stated: “The survival probability of firms who maintain a significant short position in SpaceX over time is very low.” At that time, SPCX had fallen roughly 30 percent from its peak above a $2.6 trillion valuation, with short sellers reportedly realizing gains of about $8.7 billion.
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Musk’s warning aligned with optimistic analyses projecting that Starship-driven cost reductions could enable a multi-trillion-dollar space economy through applications such as orbital solar power, asteroid mining, data centers, and Mars-related projects, positioning SpaceX as critical infrastructure.
SpaceX is scheduled to report second-quarter results after the market close later today, followed by a webcast. Analysts anticipate revenue near $6.9 billion, reflecting growth in Starlink, launch services, and AI-related segments. The earnings release precedes a major lockup expiration on August 6 that could free hundreds of millions of insider shares.
Musk has a long track record of confronting short sellers, particularly regarding Tesla, where he has argued that persistent bearish positions underestimate transformative technologies. Critics view his optimism as overly ambitious given near-term stock fluctuations, while supporters see temporary dips as opportunities in a longer-term expansion of the space economy.
As SpaceX opens its books to public scrutiny for the first time, the high short interest and Musk’s repeated cautions set the stage for heightened market attention on the results and management’s commentary.
Elon Musk’s space exploration company, SpaceX (NASDAQ: SPCX), is set to report its earnings for the second quarter today in what will be its first-ever earnings call since going public in July.
SpaceX is trading down roughly 25 percent from its IPO. These early stock signals are usually a bit tumultuous, and considering this is the first company actively launching rockets that is available on the stock exchange, investors might have a tendency to be a bit skittish.
However, there are going to be some details that investors will hear for the first time today on the earnings call. Here’s what to look for:
Wall Street Expectations
Revenue is expected to fall somewhere around $6.8 billion, and will be heavily driven by Starlink, which is SpaceX’s widely popular satellite internet platform that has been adopted by numerous airlines, cruise ships, and other maritime operations. It is also available for consumers at home or in their cars.
Earnings Per Share (EPS) expectations fall at a net loss of $0.23 per share. Wall Street sees this as a total net loss of roughly $1.9 billion.
EBITDA is expected to come in between $2 billion and $2.1 billion.
What Investors Want to Know
Tesla uses the Say platform to help work with both retail and institutional investors to answer relevant and quality questions that address concerns or questions that they might have.
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However, SpaceX is doing things differently, as the company launched its own Investor Relations website where these questions are being fielded. Just like the Tesla questions, they seem to be less focused on the operational tasks and overall progress of the company, and more novelty.
Here are the top five:
- Has the team thought about what possibilities there are with your mascot Asteroid? Whether it’s starting additional foundations for kids in its name, helping kids learn about space, etc. Kids are our future, and Asteroid would be a fun and easy way to help.
- Baby Asteroid is already making a difference through charity around the world. Could SpaceX take it even further with programs that inspire kids to explore space?
- SpaceX has some legendary vehicle names. Would you ever allow the public to name a Starship, even knowing there is a 99% chance it becomes Shipy McShipface?
- When can we expect to see more footage of the Human Landing System?
- Will Asteroid (your mascot) go to Mars?
SpaceX will report its earnings today, August 4, at 4:30 P.M. EDT.
SpaceX reports beat in first earnings while minimizing losses
Elon Musk sends second warning to SpaceX shorts ahead of first earnings
