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SpaceX Falcon 9 booster set for record-breaking landing after lessons learned from engine failure

B1049 is pictured here in January 2019 after its second launch. (Pauline Acalin)

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SpaceX has successfully fired up a Falcon 9 booster ahead of its sixth Starlink launch this year, a mission that could also mark a record-breaking rocket landing just two months after an in-flight engine failure precluded a similar attempt.

After today’s successful static fire test, SpaceX is now targeting its eighth Starlink mission overall – also the seventh v1.0 satellite launch – at 3:53 am EDT (07:53 UTC) on Sunday, May 17th from the company’s Cape Canaveral Air Force Station (CCAFS) LC-40 pad. Barring major surprises, Starlink-7 will be SpaceX’s last orbital mission before what is arguably the most significant launch in the company’s history – Crew Dragon’s inaugural ‘Demo-2’ NASA astronaut test flight.

Scheduled no earlier than 4:33 pm EDT (21:33 UTC) on May 27th, it’s unsurprisingly crucial that Falcon 9’s Starlink-7 launch goes perfectly, as any in-flight anomaly would almost certainly delay Crew Dragon’s crucial NASA mission. Additionally, if Starlink-7 slips more than a day or two, it could easily force SpaceX to push the mission into late May or early June, as Crew Dragon’s first crewed launch will also need a drone ship to recover its brand new Falcon 9 booster.

Falcon 9 B1049 returned to port on January 9th after launching Starlink V1 L2. (Richard Angle)

Drone ship Of Course I Still Love You (OCISLY) departed Port Canaveral earlier today for Starlink-7 and is heading some 630 km (390 mi) northeast into the Atlantic Ocean to prepare for Falcon 9 booster B1049’s landing attempt. As of now, OCISLY is SpaceX’s only operational drone ship, although sister ship Just Read The Instructions (JRTI) is in the midst of an extensive refit after the landing platform was moved from Los Angeles to Cape Canaveral late last year.

With work ramping up over the last month or two and most recently culminating in the drone ship’s first sea trial today (May 13), JRTI has been extensively upgraded with a dozen large generators and four massive thrusters. It appears that the ship may be close to operational readiness, although it seems unlikely that it will be ready in time to support Crew Dragon’s Demo-2 booster landing needs just two weeks from now.

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Typically, OCISLY has taken around 7-10 days from port departure to arrival to recover Falcon 9 boosters after Starlink missions, most of which is spent being slowly towed by tugboats. In simple terms, assuming no technical or weather-related launch delays, that would give SpaceX just a handful of days to remove booster B1049 and turn OCISLY around to recovery Crew Dragon Demo-2 Falcon 9 booster B1058. Unfortunately, to recover Starlink-7 Falcon 9 booster B1049, OCISLY is heading more or less straight for a tropical depression forming in the Atlantic Ocean. High seas in the recovery area are an almost guaranteed launch delay unless SpaceX is willing to expend B1049 (very unlikely).

Falcon 9 B1048 became the first booster to launch five times but suffered SpaceX’s first in-flight engine failure since October 2012, followed by an unsuccessful landing attempt as a direct result. (Richard Angle)

Aside from the fact that SpaceX’s fleet of flight-proven boosters has rapidly diminished after the recent losses of B1056 and B1048, B1049 is particularly valuable because Starlink-7 will be its fifth launch – only the second time a booster has reached that milestone. If it successfully lands, it will be the first time a Falcon booster has landed five times, making it SpaceX’s fleet leader and reusability pathfinder.

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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Elon Musk

SpaceX considering confidential IPO filing this March: report

The filing could pave the way for a June listing at a valuation that may exceed $1.75 trillion.

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Credit: SpaceX/X

SpaceX is reportedly preparing to confidentially file for an initial public offering (IPO) as soon as March. The filing could pave the way for a June listing at a valuation that may exceed $1.75 trillion, potentially making it the largest IPO in history.

The update was initially reported by Bloomberg News, which cited information shared by people reportedly familiar with the matter. 

As per the publication, a confidential filing allows a company to receive regulatory feedback before publicly releasing its financials. Bloomberg’s source, however, noted that the timing of SpaceX’s IPO is still under discussion and plans could change.

SpaceX did not immediately respond to requests for comment.

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A March submission would mark the clearest step yet toward bringing Elon Musk’s private space company into public markets. People familiar with the preparations said the offering could raise as much as $50 billion. That would surpass the $29 billion debut of Saudi Aramco in 2019, currently the largest IPO on record.

Major banks including Goldman Sachs Group Inc., JPMorgan Chase & Co., Morgan Stanley, and Bank of America Corp. are reportedly positioned for senior roles in the transaction. SpaceX is also said to be considering a dual-class structure that would allow insiders, including Musk, to retain enhanced voting control.

Satellite communications provider EchoStar Corp., which holds a stake in SpaceX, reportedly saw its shares rise following news of the potential filing.

At a valuation exceeding $1.75 trillion, SpaceX would immediately have a larger market cap than all but five of the companies traded in the S&P 500 index. That figure would place it ahead of Meta Platforms Inc. and Tesla Inc. by market capitalization, trailing only a small group of mega-cap firms such as Apple Inc. and Microsoft Corp.

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The scale of the proposed valuation reflects SpaceX’s dominance in orbital launch services and its Starlink satellite network, which serves millions of users globally. The company has also outlined long-term expansion plans tied to higher Starship launch cadence, orbital infrastructure, and lunar development initiatives.

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Elon Musk

Elon Musk hints Tesla investors will be rewarded heavily

“Hold onto your Tesla stock. It’s going to be worth a lot, I think. That’s my bet,” Musk said.

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Credit: Grok

Elon Musk recently hinted that he believes Tesla investors will be rewarded heavily if they continue to hold onto their shares, and he reiterated that in a new interview that the company released on its social accounts this week.

Musk is one of the most successful CEOs in the modern era and has mammothed competitors on the Forbes Net Worth List over the past year as his holdings in his various companies have continued to swell.

Tesla investors, especially those who have been holding shares for several years, have also felt substantial gains in their portfolios. Over the past five years, the stock is up over 78 percent. Since February 2019, nearly seven years ago to the day, the stock is up over 1,800 percent.

Musk said in the interview:

“Hold onto your Tesla stock. It’s going to be worth a lot, I think. That’s my bet.”

It’s no secret Musk has been extremely bullish on his own companies, but Tesla in particular, because it is publicly traded.

However, the company has so many amazing projects that have an opportunity to revolutionize their respective industries. There is certainly a path to major growth on Wall Street for Tesla through its various future projects, including Optimus, Cybercab, Semi, and Unsupervised FSD.

  • Optimus (Tesla’s humanoid robot): Musk has discussed its potential for tasks like childcare, walking dogs, or assisting elderly parents, positioning it as a massive long-term driver of company value.
  • Cybercab (Tesla’s robotaxi/autonomous ride-hailing vehicle): a fully autonomous vehicle geared specifically for Tesla’s ride-sharing ambitions.
  • Semi (Tesla’s electric truck, with mentions of expansion, like in Europe): brings Tesla into the commercial logistics sector.
  • Unsupervised FSD (Full Self-Driving software achieving full autonomy without human supervision): turns every Tesla owner’s vehicle into a fully-autonomous vehicle upon release

These projects specifically are some of the highest-growth pillars Tesla has ever attempted to develop, especially in Musk’s eyes, as he has said Optimus will be the best-selling product of all-time.

Many analysts agree, but the bullish ones, like Cathie Wood of ARK Invest, are perhaps the one who believes Tesla has incredible potential on Wall Street, predicting a $2,600 price target for 2030, but this is not even including Optimus.

She told Bloomberg last March that she believes that the project will present a potential additive if Tesla can scale faster than anticipated.

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Cybertruck

Tesla drops latest hint that new Cybertruck trim is selling like hotcakes

According to Tesla’s Online Design Studio, the new All-Wheel-Drive Cybertruck will now be delivered in April 2027. Earlier orders are still slated for early this Summer, but orders from here on forward are now officially pushed into next year:

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(Credit: Tesla)

Tesla’s new Cybertruck offering has had its delivery date pushed back once again. This is now the second time, and deliveries for the newest orders are now pushed well into 2027.

According to Tesla’s Online Design Studio, the new All-Wheel-Drive Cybertruck will now be delivered in April 2027. Earlier orders are still slated for early this Summer, but orders from here on forward are now officially pushed into next year:

Just three days ago, the initial delivery date of June 2026 was pushed back to early Fall, and now, that date has officially moved to April 2027.

The fact that Tesla has had to push back deliveries once again proves one of two things: either Tesla has slow production plans for the new Cybertruck trim, or demand is off the charts.

Judging by how Tesla is already planning to raise the price based on demand in just a few days, it seems like the company knows it is giving a tremendous deal on this spec of Cybertruck, and units are moving quickly.

That points more toward demand and not necessarily to slower production plans, but it is not confirmed.

Tesla Cybertruck’s newest trim will undergo massive change in ten days, Musk says

Tesla is set to hike the price on March 1, so tomorrow will be the final day to grab the new Cybertruck trim for just $59,990.

It features:

  • Dual Motor AWD w/ est. 325 mi of range
  • Powered tonneau cover
  • Bed outlets (2x 120V + 1x 240V) & Powershare capability
  • Coil springs w/ adaptive damping
  • Heated first-row seats w/ textile material that is easy to clean
  • Steer-by-wire & Four Wheel Steering
  • 6’ x 4’ composite bed
  • Towing capacity of up to 7,500 lbs
  • Powered frunk

Interestingly, the price offering is fairly close to what Tesla unveiled back in late 2019.

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