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 COO Gwynne Shotwell outlined ambitious plans for Starlink Mobile during the company’s August 4 Earnings call, signaling a direct challenge to U.S. wireless giants like AT&T, T-Mobile, and Verizon.
Shotwell noted that the three companies generate roughly $600 billion in combined annual revenue. “I anticipate us to be able to acquire quite a few of their customers because I think our service will be better,” she said. “We will eliminate dead zones leveraging the satellites in orbit. It will be better during any natural disaster… I’m quite excited about Starlink Mobile.”
SpaceX President & COO Gwynne Shotwell on @Starlink Mobile and its impact on Verizon, AT&T and T-Mobile:
“Roughly, between them, $600 billion a year. I anticipate us to be able to acquire quite a few of their customers. Our service will be better. We will eliminate dead zones… pic.twitter.com/UYZUkrGc0L
— Sawyer Merritt (@SawyerMerritt) August 4, 2026
SpaceX intends to combine its satellite constellation with terrestrial infrastructure. The company has acquired about 65 MHz of spectrum from EchoStar and plans to deploy next-generation Starlink Mobile satellites in 2027, with upgraded service targeted for the end of that year.
Shotwell described the enhanced network, leveraging more satellites and spectrum, as potentially “100 times better” than the current direct-to-cell offering, which already supports basic texting and app-based voice/video in coverage gaps through partnerships. She also indicated plans for low-cost cellular base stations that could integrate with existing Starlink dishes, creating a hybrid system for broader capacity in urban, suburban, and rural areas.
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For the general public, Starlink Mobile promises significant advantages. Satellite connectivity can fill gaps where traditional cell towers fail, delivering service in remote locations, mountains, or during outages caused by storms, wildfires, or infrastructure damage—conditions in which ground networks often collapse.
Users could enjoy more consistent coverage without relying solely on dense tower builds, potentially at competitive prices as SpaceX scales. The hybrid approach aims to support full mobile services, including higher-speed data, while working with unmodified smartphones over time.
These developments revive long-standing but unfounded rumors of a Musk-developed “Tesla phone.” Speculative claims of a “Pi Phone” or similar device with built-in Starlink connectivity have circulated for years on social media, often featuring fabricated images and details. Elon Musk has repeatedly denied any such plans, stating Tesla has no intention of entering the smartphone market unless forced by extreme circumstances with app stores.
No official product, filings, or development announcements have ever materialized; the rumors remain hoaxes.
The announcement quickly pressured telecom stocks. Shares of AT&T, Verizon, and T-Mobile fell between roughly 2 and 4 percent in after-hours and premarket trading as investors weighed the competitive threat from a hybrid satellite-terrestrial network.
While execution challenges remain—spectrum deployment, infrastructure rollout, and regulatory hurdles—Shotwell’s remarks mark SpaceX’s clearest signal yet of entering the consumer mobile market as a full competitor.
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Venture capitalist Chamath Palihapitiya has cautioned investors shorting SpaceX shares, drawing a direct parallel to the intense short-selling pressure Tesla faced in its early public years.
Responding to reports of elevated short interest in the newly public rocket, satellite, and AI company, Palihapitiya noted that similar dynamics played out with Tesla, where aggressive short sellers ultimately “went broke.”
SpaceX (NASDAQ: SPCX) went public on June 12, 2026, in the largest IPO on record, pricing at $135 per share. Shares quickly surged to an all-time high of $225.64 just days later, briefly implying a valuation exceeding $2 trillion. The stock has since retreated sharply amid valuation concerns, lockup expiration fears, and broader market dynamics.
By early August, it traded near $108–$125, representing a roughly 50 percent decline from the peak and bringing the market capitalization closer to the $1.5–1.7 trillion range. On August 4, shares closed up more than 9 percent at $125.33 ahead of earnings before facing pressure in after-hours and premarket trading.
Short interest has climbed dramatically. According to S3 Partners data widely cited in market reports, short positions reached approximately 219.3 million shares by late July, about 34 percent of the limited public float of roughly 640 million shares, and represented a notional value of around $24.6 billion.
Utilization of shares available to borrow hit 95 percent, with borrow fees rising. This level of shorting exceeded the dollar value of short bets against Tesla at the time and built rapidly ahead of two catalysts: the company’s first post-IPO earnings and an August 6 lockup expiration that could free up to 911.5 million additional shares.
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CEO Elon Musk has issued warnings of his own. In mid-July, as short interest approached one-third of the float, he posted that “the survival probability of firms who maintain a significant short position in SpaceX over time is very low,” reiterating his view that the company could ultimately be worth more than Earth if it achieves its goals.
On August 4, just before earnings, Musk responded to the latest short-interest data by saying, “I try to warn them, but they just double down.”
SpaceX delivered its first quarterly results as a public company after the close on August 4. Second-quarter revenue rose 92 percent year-over-year to $7.8 billion, beating consensus estimates near $6.8–6.9 billion.
The net loss narrowed to $541 million, or 9 cents per share, better than the roughly 23–24 cent loss expected. Starlink/connectivity contributed about $4.3 billion (up 66 percent), while the AI business generated $2.6 billion (up roughly 250 percent). Capital expenditures were heavy at $18.4 billion, largely tied to AI infrastructure. Management projected a $100 billion annualized revenue run rate by year-end 2026 and outlined a path toward $1 trillion in annual revenue by 2030.
The combination of Chamath’s historical reminder, Musk’s repeated alerts, and the company’s ambitious growth targets underscores the high-stakes debate surrounding SPCX. Short sellers are positioned for near-term supply pressure from the lockup, while long-term bulls point to Starlink scale, Starship progress, and AI compute expansion as reasons the bears may ultimately face the same fate as many early Tesla skeptics.
Investor's Corner
SpaceX and Nvidia team up on Musk’s orbital AI bet
SpaceX revealed a new Nvidia satellite partnership, then Musk pledged an exclusive Nvidia hardware commitment.
SpaceX and Nvidia are now working together on the hardware that will power Musk’s orbital data center ambitions. SpaceX announced on X on Tuesday that it is partnering with Nvidia to design the compute payload for Starmind AI1, the first satellite in a planned constellation built to run AI workloads directly in orbit. Each Starmind satellite will carry Nvidia’s Rubin GPUs and Vera CPUs, according to the post, which included renderings of the payload design.
The announcement landed hours before SpaceX’s first earnings call as a public company, where Musk went further, saying the company has committed to building its AI infrastructure exclusively on Nvidia hardware. “We think the Vera Rubin architecture is the best architecture. We think it’s the best AI computer, and we greatly value our close cooperation and partnership on many levels with Nvidia,” Musk told investors on the call,. “So we’re exclusive to Nvidia.”
Musk said SpaceX plans to deploy Nvidia’s Vera Rubin NVL72 rackscale system, codenamed Kyber, both on the ground and in space. He set a target of 2 gigawatts of compute capacity online by the end of this year, scaling to roughly 10 gigawatts by the end of 2027.
SpaceX’s newest Starmind will make earth data centers obsolete
Starmind has been in development since Musk confirmed the name in June, following an xAI trademark filing that tipped off the project before SpaceX made it official. The idea is massive in scope and instead of moving data down to ground based servers, satellites equipped with onboard processors and large solar arrays would compute AI workloads in orbit and beam results back to Earth. SpaceX has already filed with the FCC for a constellation of up to one million satellites to support the effort, citing constant solar power and the absence of zoning restrictions as advantages over terrestrial data centers.
The Nvidia exclusivity marks a shift in tone from just two weeks ago, when Musk was busy knocking down a report that SpaceX had ordered $52 billion worth of Nvidia GPUs through Foxconn, calling it fake news at the time. The dollar figure in that rumor may have been wrong, but the underlying direction seems correct. SpaceX’s AI division already leases Colossus compute capacity to Anthropic and Google, and Tuesday’s earnings report showed AI revenue climbing sharply as those deals ramp up.
Nvidia shares rose roughly 3% in Tuesday trading on the news, while SpaceX stock climbed nearly 9% during the day before giving back gains after hours as investors digested the earnings report’s capital spending figures.
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SpaceX is coming for wireless giants with Starlink Mobile
SpaceX shorts get warned by Musk ally, echoing Tesla’s early struggles
