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SpaceX Falcon 9 landing leg accidentally dropped during retraction attempt
SpaceX has accidentally dropped one of its newest Falcon 9 booster’s landing legs during a retraction attempt in Port Canaveral while crews worked to prepare the rocket for transport.
Falcon 9 booster B1060 safely arrived in Port Canaveral, Florida on July 4th after a flawless June 30th launch debut, delivering the US military’s GPS III SV03 navigation satellite to an accurate orbit and becoming the first SpaceX rocket to launch and land as part of an operational US military mission. The major landing milestone was supported by drone ship Just Read The Instructions (JRTI) as part of its second East Coast recovery mission ever after an ~8000 km (~5000 mi) journey from Los Angeles and months of slow and steady upgrades.
Thankfully, despite the mishap caught on camera by diligent, unofficial observers, things appeared to work out just fine for booster B1060 as crews threaded recovery operations between bouts of disruptive Florida weather.
Based on video of the accidental leg drop captured by US Launch Report on July 7th, the most obvious conclusion is that operators either failed to release tension on a winch line or some kind of hardware/software/sensor failure unintentionally over-stressed the line. Regardless, around the same time as Falcon 9 or its ground operators were likely commanding the landing leg latch closed, one or both of the lines attached to the top of the retracting leg snapped, causing it to very quickly redeploy as gravity pulled it back to earth.
Almost certainly by design, nobody was underneath the ~1000 kg (~2200 lb) landing leg during retraction, and a small stand used to prop up the leg for winch line installation seems to have been moved out of the line of fire as part of the process. As a result, when the leg was accidentally released, it simply fell onto drone ship JRTI’s flat, steel deck under its own weight. Most importantly, nobody was (visibly) injured or at risk of injury
The landing leg’s impact and aftershock looks undeniably harsh in the footage but the reality is that SpaceX has already performed almost identical tests (albeit intentionally) on recovered boosters while leg retraction was still in development. Captured in the video above, B1049’s September 2018 leg retraction and deployment test appeared to be marginally gentler than B1060’s accidental leg smack, and B1049 went on to complete four more orbital-class launches without issue. That still ignores the fact that Falcon 9’s landing legs are designed to withstand extremely rough landings of entire ~30 metric ton boosters traveling up to several meters per second (~5 mph) – vastly more force than a single landing leg can exert on itself with gravity as the only input.
Confirming those suspicions, SpaceX ultimately got back on the saddle after a few slight weather delays and successfully retracted all four of B1060’s landing legs without issue. The once-flown rocket was quickly broken over (referring to the process of lowering it horizontally) and installed on a custom transporter, which will soon move it from Port Canaveral to a nearby SpaceX hangar (likely Pad 39A’s) to prepare for its next launch.
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Tesla stock (NASDAQ: TSLA) closed at an all-time high on Tuesday, jumping over 3 percent during the day and finishing at $489.88.
The price beats the previous record close, which was $479.86.
Shares have had a crazy year, dipping more than 40 percent from the start of the year. The stock then started to recover once again around late April, when its price started to climb back up from the low $200 level.
This week, Tesla started to climb toward its highest levels ever, as it was revealed on Sunday that the company was testing driverless Robotaxis in Austin. The spike in value pushed the company’s valuation to $1.63 trillion.
Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing
It is the seventh-most valuable company on the market currently, trailing Nvidia, Apple, Alphabet (Google), Microsoft, Amazon, and Meta.
Shares closed up $14.57 today, up over 3 percent.
The stock has gone through a lot this year, as previously mentioned. Shares tumbled in Q1 due to CEO Elon Musk’s involvement with the Department of Government Efficiency (DOGE), which pulled his attention away from his companies and left a major overhang on their valuations.
However, things started to rebound halfway through the year, and as the government started to phase out the $7,500 tax credit, demand spiked as consumers tried to take advantage of it.
Q3 deliveries were the highest in company history, and Tesla responded to the loss of the tax credit with the launch of the Model 3 and Model Y Standard.
Additionally, analysts have announced high expectations this week for the company on Wall Street as Robotaxi continues to be the focus. With autonomy within Tesla’s sights, things are moving in the direction of Robotaxi being a major catalyst for growth on the Street in the coming year.
Elon Musk
Tesla needs to come through on this one Robotaxi metric, analyst says
“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”
Tesla needs to come through on this one Robotaxi metric, Mark Delaney of Goldman Sachs says.
Tesla is in the process of rolling out its Robotaxi platform to areas outside of Austin and the California Bay Area. It has plans to launch in five additional cities, including Houston, Dallas, Miami, Las Vegas, and Phoenix.
However, the company’s expansion is not what the focus needs to be, according to Delaney. It’s the speed of deployment.
The analyst said:
“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”
Profitability will come as the Robotaxi fleet expands. Making that money will be dependent on when Tesla can initiate rides in more areas, giving more customers access to the program.
There are some additional things that the company needs to make happen ahead of the major Robotaxi expansion, one of those things is launching driverless rides in Austin, the first city in which it launched the program.
This week, Tesla started testing driverless Robotaxi rides in Austin, as two different Model Y units were spotted with no occupants, a huge step in the company’s plans for the ride-sharing platform.
Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing
CEO Elon Musk has been hoping to remove Safety Monitors from Robotaxis in Austin for several months, first mentioning the plan to have them out by the end of 2025 in September. He confirmed on Sunday that Tesla had officially removed vehicle occupants and started testing truly unsupervised rides.
Although Safety Monitors in Austin have been sitting in the passenger’s seat, they have still had the ability to override things in case of an emergency. After all, the ultimate goal was safety and avoiding any accidents or injuries.
Goldman Sachs reiterated its ‘Neutral’ rating and its $400 price target. Delaney said, “Tesla is making progress with its autonomous technology,” and recent developments make it evident that this is true.
Investor's Corner
Tesla gets bold Robotaxi prediction from Wall Street firm
Last week, Andrew Percoco took over Tesla analysis for Morgan Stanley from Adam Jonas, who covered the stock for years. Percoco seems to be less optimistic and bullish on Tesla shares, while still being fair and balanced in his analysis.
Tesla (NASDAQ: TSLA) received a bold Robotaxi prediction from Morgan Stanley, which anticipates a dramatic increase in the size of the company’s autonomous ride-hailing suite in the coming years.
Last week, Andrew Percoco took over Tesla analysis for Morgan Stanley from Adam Jonas, who covered the stock for years. Percoco seems to be less optimistic and bullish on Tesla shares, while still being fair and balanced in his analysis.
Percoco dug into the Robotaxi fleet and its expansion in the coming years in his latest note, released on Tuesday. The firm expects Tesla to increase the Robotaxi fleet size to 1,000 vehicles in 2026. However, that’s small-scale compared to what they expect from Tesla in a decade.
Tesla expands Robotaxi app access once again, this time on a global scale
By 2035, Morgan Stanley believes there will be one million Robotaxis on the road across multiple cities, a major jump and a considerable fleet size. We assume this means the fleet of vehicles Tesla will operate internally, and not including passenger-owned vehicles that could be added through software updates.
He also listed three specific catalysts that investors should pay attention to, as these will represent the company being on track to achieve its Robotaxi dreams:
- Opening Robotaxi to the public without a Safety Monitor. Timing is unclear, but it appears that Tesla is getting closer by the day.
- Improvement in safety metrics without the Safety Monitor. Tesla’s ability to improve its safety metrics as it scales miles driven without the Safety Monitor is imperative as it looks to scale in new states and cities in 2026.
- Cybercab start of production, targeted for April 2026. Tesla’s Cybercab is a purpose-built vehicle (no steering wheel or pedals, only two seats) that is expected to be produced through its state-of-the-art unboxed manufacturing process, offering further cost reductions and thus accelerating adoption over time.
Robotaxi stands to be one of Tesla’s most significant revenue contributors, especially as the company plans to continue expanding its ride-hailing service across the world in the coming years.
Its current deployment strategy is controlled and conservative to avoid any drastic and potentially program-ruining incidents.
So far, the program, which is active in Austin and the California Bay Area, has been widely successful.
Tesla stock closes at all-time high on heels of Robotaxi progress
Tesla needs to come through on this one Robotaxi metric, analyst says
