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SpaceX sets Dragon reuse record, debuts drone ship on first launch in two months

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Update #2: After a 24-hour weather delay, conditions were far more favorable on August 29th, allowing a SpaceX Falcon 9 rocket to lift off for the first time in almost two months and send a cargo-filled Dragon spacecraft on its way to the International Space Station (ISS).

Aside from marking the end of SpaceX’s longest launch hiatus in two years, CRS-23’s successful liftoff also means that the company has smashed the world record for fastest orbital space capsule reuse. As part of Cargo Dragon 2’s first reuse ever, SpaceX launched Dragon C208 just seven and a half months (227d) after its first orbital reentry and splashdown, handily beating the previous record of 328 days. Additionally, flying for the fourth time, Falcon 9 booster B1064 became the first rocket to land on brand new SpaceX drone ship A Shortfall of Gravitas (ASOG) after sending Dragon C208 on its way to the ISS.

Falcon 9 and Cargo Dragon 2 streak into space. (Richard Angle)

Update: Although the weather forecast has worsened, SpaceX remains on track to attempt its first launch in eight weeks – a mission that will also smash one of the company’s orbital spacecraft reusability records.

While mostly mundane, a system preceding Tropical Storm Ida is producing conditions less than optimal for rocket launches, raising the risk of in-flight lightning strikes and the chances of Falcon 9 and Dragon flying through clouds containing precipitation (rain/ice/etc). Ultimately, that means that there’s just a 40% chance (down from 50% in the last few days) that weather conditions will be favorable for SpaceX to launch CRS-23. Regardless, barring a surprise announcement in the next few hours, it appears that there’s enough of a chance that SpaceX and NASA will still make an attempt.

If all goes according to plan, a flight-proven Falcon 9 rocket will send an upgraded Cargo Dragon on the way to orbit for the second time in seven months – almost twice as fast a turnaround as SpaceX’s ~340-day record for orbital spacecraft reuse. Tune in below around 3:20am EDT (07:20 UTC) to catch the hopeful launch live.

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For the first time in more than nine weeks, SpaceX has completed a routine Falcon 9 preflight test known as a static fire and verified that the rocket is ready to launch later this week.

Save for at least one booster qualification test completed at SpaceX’s McGregor, Texas development facilities, Falcon 9’s August 25th static fire is the first since June 22nd. The upgraded Cargo Dragon space station resupply mission the rocket will support will also be SpaceX’s first launch since June 30th – the company’s longest hiatus between launches since a three-month pause that began two years ago.

Now, just a few days before that drought is expected to end, a SpaceX executive has partially explained why the company hasn’t launched a single Falcon rocket in ~60 days after completing a record 20 orbital launches in the first half of 2021.

Speaking at the 2021 Space Symposium on August 24th, SpaceX President and COO Gwynne Shotwell revealed that the company had chosen to pause Starlink missions (representing the vast majority of its 2021 launches) and focus on preparing a new generation of satellites for flight. Believed to be called Starlink V1.5, those new satellites represent a relatively small design change save for one crucial addition: multiple lasers.

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All the way back in mid-2018, SpaceX launched its very first pair of Starlink prototype satellites – spacecraft that largely functioned as expected and provided a wealth of data but were almost nothing like the Starlink V0.9 and V1.0 spacecraft SpaceX would eventually start launching in 2019. Nevertheless, they did carry sets of small lasers generally known as optical intersatellite links or OISLs for short. Not radically dissimilar to the hundreds of thousands of miles of fiber optic cables that make up the backbone of the internet, lasers operating in the vacuum of space can effectively mirror the extraordinary bandwidth and performance offered by fiber connections – but wirelessly.

Instead of carefully insulated cables filled with tiny threads of glass, which really just serve as a controlled environment for light-based communications, OISLs enable a similar feat by replacing cables with extraordinarily precise mechanisms capable of aiming lasers with sub-millimeter precision from dozens or hundreds of miles away. As a result, laser interlinks are fairly complex and expensive devices – not something currently economical to install on thousands of satellites mainly focused on affordability.

SpaceX, of course, has wanted to install unprecedentedly affordable laser interlinks on thousands of Starlink satellites for as long as the constellation has been publicly discussed. If realized, it would create an extraordinary orbital mesh network that would allow Starlink to self-route a large portion of user communications without the need for a colossal network of tens of thousands of ground stations covering every inch of Earth – land, sea, ice, and all. A Starlink constellation with near-universal laser interlinks could also potentially allow the constellation to not only match – but beat by a large margin – the latency of best-case terrestrial fiber-optic connections.

After effectively completing Starlink’s first ‘shell’ of satellites earlier this year, SpaceX shifted its focus to preparing for polar Starlink launches from both its west and east coast facilities. While the first shell lacked interlinks entirely, SpaceX appears to have decided that all polar Starlink satellites will be launched with its own custom-built space lasers, even if that means delaying Starlink launches until those lasers are ready for action. Due to the fact that the vast majority of SpaceX’s launches as of late have been its own Starlink missions, the company’s Falcon rockets simply haven’t had anything to launch.

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Cargo Dragon 2 capsule C208 and Falcon 9 booster B1061 head to Pad 39A. (SpaceX)
C208, the first Cargo Dragon 2 capsule ever built or flown, is on track to smash SpaceX’s orbital spacecraft turnaround record. (SpaceX)

That should change on August 28th, when a thrice-flown Falcon 9 booster launches a refurbished spacecraft on its second orbital space station resupply – a first for SpaceX’s upgraded Cargo Dragon 2 vehicle. A Shortfall of Gravitas (ASOG), SpaceX’s newest drone ship, will also be supporting its first Falcon landing ever as part of CRS-23, hopefully recovering Falcon 9 booster B1064 for a fifth launch later this year.

Tune in around 3:20am (07:20 UTC) on Saturday, August 28th to watch SpaceX’s first launch in two months live.

Eric Ralph is Teslarati's senior spaceflight reporter and has been covering the industry in some capacity for almost half a decade, largely spurred in 2016 by a trip to Mexico to watch Elon Musk reveal SpaceX's plans for Mars in person. Aside from spreading interest and excitement about spaceflight far and wide, his primary goal is to cover humanity's ongoing efforts to expand beyond Earth to the Moon, Mars, and elsewhere.

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Tesla ‘Killer’ heads to the graveyard as AFEELA taps out

SHM has officially discontinued development of its highly anticipated AFEELA electric vehicles. On March 25, the joint venture between Sony and Honda announced it would halt the AFEELA 1 luxury sedan and a planned SUV model.

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Credit: AFEELA/X

There have been many Tesla “Killers” over the years, all of which have either failed to dethrone the automaker from its dominance in the United States, or even make it to the market altogether.

The Sony Honda Mobility (SHM) project, known as AFEELA, is the latest to make it to the grave, as the company announced its intentions to abandon the project earlier this week, Bloomberg reported.

SHM has officially discontinued development of its highly anticipated AFEELA electric vehicles. On March 25, the joint venture between Sony and Honda announced it would halt the AFEELA 1 luxury sedan and a planned SUV model.

The decision follows Honda’s March 12 reassessment of its electrification strategy, which scrapped several upcoming EV programs amid slowing demand, high costs, and shifting market conditions.

SHM stated that it could no longer rely on key Honda technologies and manufacturing assets, leaving “no viable path forward.” Reservation fees for early buyers in California are being fully refunded, and the joint venture’s future is now under review.

Launched with fanfare in 2022, the AFEELA was positioned as a tech-forward premium EV blending Honda’s engineering reliability with Sony’s entertainment and AI expertise.

Prototypes featured advanced autonomous driving systems, immersive in-cabin displays, and even PlayStation integration, earning it early media labels as a potential “Tesla Killer.”

No more “Tesla Killers:” It’s becoming increasingly difficult to distinguish the “EV market” from the mainstream auto segment

Priced around $90,000, the sedan was slated for limited production at Honda’s Ohio plant with deliveries targeted for late 2026. Industry watchers saw it as a serious challenger to Tesla’s dominance in software, connectivity, and premium appeal.

Yet, like many ambitious EV projects, it fell victim to broader industry headwinds: softening consumer demand, persistent high interest rates, and intense competition from established players.

The AFEELA joins a long list of vehicles once hyped as “Tesla Killers” that failed to deliver. In the late 2010s, Fisker’s second act, the Ocean SUV, promised stylish design and solid-state battery tech but collapsed into bankruptcy in 2024 after production delays, quality issues, and financial shortfalls.

Faraday Future poured billions into the FF 91 luxury sedan, touting it as a hyper-tech rival with unmatched performance and features; the company delivered fewer than 100 vehicles before fading into obscurity.

Lordstown Motors’ Endurance electric pickup generated massive pre-order buzz and Wall Street excitement but imploded after exaggerated range claims, a factory sale, and eventual bankruptcy.

Even Lucid Motors’ Air sedan, frequently called a Tesla slayer for its superior range and luxury, has struggled with sluggish sales and missed growth targets despite strong reviews.

Lucid unveils Lunar Robotaxi in bid to challenge Tesla’s Cybercab in the autonomous ride hailing race

Rivian’s R1T and R1S trucks enjoyed similar early acclaim and a blockbuster IPO, yet production ramp-up challenges and profitability woes have prevented it from dethroning Tesla.

The AFEELA’s quiet demise underscores a harsh reality in the EV sector. While Tesla’s first-mover advantage in software, charging infrastructure, and brand loyalty remains formidable, legacy automakers and tech newcomers alike continue to underestimate the complexities of scaling affordable, desirable electric vehicles.

As market realities force tough choices, the graveyard of “Tesla Killers” grows longer, another reminder that innovation alone is rarely enough to topple an established leader.

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TIME honors SpaceX’s Gwynne Shotwell: From employee No. 7 to world’s most valuable company

Time Magazine honors Gwynne Shotwell as SpaceX reaches a $1.25 trillion valuation and eyes its IPO.

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TIME Magazine has put SpaceX President and COO Gwynne Shotwell on its cover, and the timing could not be more fitting. Published today, the profile of Shotwell arrives at a moment when the company she has quietly run for more than two decades stands at the center of the most consequential developments in aerospace, artificial intelligence, and the future of human civilization.

Shotwell joined SpaceX in 2002 as its seventh employee and has never stopped expanding her role. She oversees day-to-day operations across multiple executive teams spanning Falcon, Starlink, Starship, and now xAI following SpaceX’s February 2026 merger with Elon Musk’s artificial intelligence company, a deal that made SpaceX the world’s most valuable private company at a reported valuation of $1.25 trillion. A highly anticipated IPO is expected in the second quarter of 2026.

Will Tesla join the fold? Predicting a triple merger with SpaceX and xAI

Her track record is historic. She oversaw the first landing of an orbital rocket’s first stage, the first reuse and re-landing of an orbital booster, and the first private crewed launch to Earth orbit in May 2020. She built the Falcon launch manifest from nothing to more than 170 contracted missions representing over $20 billion in business. Under her operational leadership, SpaceX completed 96 successful missions in 2023 alone and has now flown more than 20 crewed Falcon 9 missions. Starlink, which she championed as a financial pillar of the company long before it was a mainstream topic, now connects tens of millions of users worldwide and provided a critical communications lifeline to Ukraine following the 2022 invasion.

Elon Musk has never been shy about what Shotwell means to him and to SpaceX. When she shared her vision for worldwide internet connectivity through Starlink, Musk responded on X with a simple statement, “Gwynne is awesome.” It is a sentiment that has been echoed across the industry. NASA Administrator Bill Nelson once said of Musk: “One of the most important decisions he made, as a matter of fact, is he picked a president named Gwynne Shotwell. She runs SpaceX. She is excellent.”


Now, with Starship targeting its first crewed lunar landing under the Artemis program by 2028, an xAI integration underway, and a pending IPO that could reshape capital markets, Shotwell’s mandate has never been larger. She told Time that 18 Starships are already in various stages of construction at Starbase. “By 2028,” she said, gesturing across the factory floor, “these should be long gone. They better have flown by then.” If Shotwell’s history at SpaceX is any guide, they will.

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SpaceX’s IPO might arrive sooner than you think

Musk has hinted for years that an eventual public offering was inevitable, though he has stressed the need to maintain operational focus. Insiders have told outlets that the CEO is pushing for a significant retail investor allocation, reportedly more than 20 percent of shares, and tighter lock-up periods to limit early selling pressure.

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Credit: SpaceX | X

Elon Musk’s SpaceX is on the verge of one of the most anticipated Initial Public Offerings (IPO) in history.

However, a new report from The Information indicates the rocket and satellite giant is aiming to file its IPO prospectus with U.S. regulators as soon as this week, or early next week at the latest.

People familiar with the plans told The Information that advisers involved in the process expect the IPO could raise more than 75 billion dollars, potentially making it the largest stock market debut ever and eclipsing Saudi Aramco’s 29.4 billion dollar offering in 2019.

The filing would mark the formal start of what has long been rumored: SpaceX’s transition from a closely held private powerhouse to a publicly traded company.

The timing aligns with earlier signals.

In late February, Bloomberg reported that SpaceX was targeting a confidential IPO filing in March and a possible public listing in June, with a valuation north of 1.75 trillion dollars. At the time, the company’s private valuation hovered around 1.25 trillion dollars.

SpaceX considering confidential IPO filing this March: report

Starlink, SpaceX’s satellite internet constellation, has been the primary driver of that surge, now serving millions of customers worldwide and generating steady revenue. Recent Starship test flights and a record pace of Falcon launches have further bolstered investor confidence.

Musk has hinted for years that an eventual public offering was inevitable, though he has stressed the need to maintain operational focus. Insiders have told outlets that the CEO is pushing for a significant retail investor allocation, reportedly more than 20 percent of shares, and tighter lock-up periods to limit early selling pressure.

A June listing would give SpaceX immediate access to public capital markets at a moment when demand for space-related stocks remains high. It would also allow early employees and long-time investors to cash out portions of their stakes while giving everyday shareholders a chance to own a piece of the company behind reusable rockets, global broadband, and NASA contracts.

Of course, nothing is certain until the SEC filing appears. Market conditions, regulatory reviews, and Musk’s own schedule could still shift timelines.

Yet the latest word from The Information suggests the window has opened. If the filing lands this week, SpaceX’s roadshow could begin in earnest within weeks, setting the stage for what many analysts already call the IPO of the decade.

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