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SpaceX closes in on Falcon 9 reliability milestone after flawless Monday launch [photos]
SpaceX’s workhorse Falcon 9 rocket has completed its thirteenth launch of 2019, leaving the vehicle just one mission away from a major reliability milestone.
At 7:10 pm ET, December 16th (00:10 UTC, Dec 17), Falcon 9 booster B1056, a new upper stage, and the nearly 7-metric ton (15,500 lb) Kacific-1/JCSAT-18 communications satellite lifted off from SpaceX’s Cape Canaveral LC-40 launch pad. As has more or less become the norm, Falcon 9 sailed through prelaunch preparations, payload integration, and launch with zero notable issues and lifted off at the precise start of a ~90-minute window.
Around nine minutes after launch and 30 seconds after the second stage reached orbit, Falcon 9 B1056 successfully landed aboard drone ship Of Course I Still Love You (OCISLY), completing the booster’s third launch and landing in seven months. 27 minutes after launch, Falcon 9’s second stage reignited and burned for more than 50 seconds, raising one end of its orbit by more than 20,000 km (12,500 mi). Five minutes later, Falcon 9 officially completed its mission by gently releasing Kacific-1/JCSAT-18 from the second stage, where the satellite shortly reoriented itself, deployed ~40-meter (~125 ft) long solar ‘wings’, and began verifying its systems’ health.
Aside from another successful and issue-free launch under the Falcon family’s belt, the Kacific-1 mission is significant for another major reason: it’s Falcon 9’s 49th consecutively-successful launch since January 2017. Falcon 9’s last catastrophic failure occurred on September 1st, 2016 when the rocket’s upper stage violently exploded, destroying the rest of the rocket and its Amos-6 satellite payload.
SpaceX took approximately four months to determine the root cause of that failure and modify hardware and procedures accordingly before returning to flight with the first Iridium NEXT launch on January 14th, 2017. In the three years (35 months) since then, Falcon 9 has successfully launched a total of 49 times in a row without even a partial failure. After one additional launch success, Falcon 9 will have flown 50 consecutively-successful missions, a symbolic but still exceptional sign of the rocket’s excellent reliability. That 50th launch attempt could come as early as December 30th in the form of SpaceX’s third 60-satellite Starlink mission, known as Starlink-2.
Technically speaking, if Falcon Heavy is included, SpaceX has already completed 52 consecutively-successful orbital launches without a single failure (or partial failure), the only company or space agency in the world that can currently claim that feat. Although both Arianespace and ULA are infamous for whitewashing the partial failures of their launch vehicles, Ariane 5 unfortunately suffered a partial failure in January 2018, while ULA’s Atlas V and Delta IV suffered their own partial failures in 2007 and 2004, respectively. Atlas V experienced another in-flight anomaly in 2016, although it was not technically classified as a partial failure.
This means that Ariane 5, Delta IV, and Atlas V – still some of the most reliable launch vehicles ever built – have technically only performed 9, 36, and 70 (or 18) consecutively-successful launches since their most recent partial failure (or in-flight anomaly). In other words, if measured in terms of uninterrupted consecutive launch successes, SpaceX’s Falcon 9 is either the most reliable or the second most reliable launch vehicle currently in operation.
Perhaps even more impressive is the fact that SpaceX has pulled off that feat of reliability in less than three years, unequivocally making Falcon 9 the best all-purpose launch vehicle in the world in terms of its combined reliability and flight frequency – the latter thanks in large part to the rocket’s exceptionally competitive pricing.
As of now, SpaceX has at least two or three-dozen launches nominally planned for 2020 and if all of those launches are successfully completed, Falcon 9 will almost certainly become the world’s most reliable operational launch vehicle by any measure.
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Tesla stock (NASDAQ: TSLA) endured one of its sharpest single-day declines in years on July 23, tumbling approximately 14.5 percent and closing near $320 after opening the session around $374. The drop erased more than $140 billion in market value amid heavy trading volume and left the shares at multi-week lows.
The sell-off followed the company’s second-quarter 2026 results, released the previous evening. Tesla reported record revenue of $28.2 billion, up 26 percent year over year, driven by a Q2-record 480,126 vehicle deliveries. Energy storage deployments also rose strongly.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Yet profitability disappointed sharply. Operating income fell 57 percent to $398 million, compressing the operating margin to just 1.4 percent. Non-GAAP earnings per share came in at $0.33, well below the roughly $0.53 analysts had expected. Free cash flow turned negative by $1.1 billion as capital expenditures surged 142 percent to $5.8 billion, largely tied to accelerated spending on artificial intelligence, robotics, and autonomous systems.
The losses on capex were expected, as Tesla said it would be spending heavily in 2026.
Investors also reacted to lingering uncertainty surrounding key product timelines. During the Earnings Call, management reiterated ambitions for Robotaxi deployment and the Optimus humanoid robot, but offered limited new concrete milestones, renewing questions about execution pace that have long accompanied Tesla’s ambitious roadmap.
The magnitude of the decline places it among Tesla’s more severe one-day percentage losses since its 2010 initial public offering. Historically, the two largest single-day drops (split-adjusted) remain September 8, 2020, when shares fell 21.1 percent amid broader market volatility and valuation concerns, and January 13, 2012, with a 19.3 percent plunge during the company’s early growth struggles.
Other notable declines include an 18.6 percent drop on March 16, 2020, at the onset of pandemic-related market turmoil. Thursday’s move ranks roughly ninth on the all-time list but stands out as the steepest in more than a year.
Despite the short-term pain, Tesla’s long-term trajectory has repeatedly recovered from such volatility. The latest results underscore both the strength of its core automotive and energy businesses and the near-term costs of heavy investment in next-generation technologies.
Elon Musk clapped back at France’s decision to withhold the approval for Tesla’s Full Self-Driving (FSD) Supervised system, projecting a clear and blunt message to French Transport Minister Phillippe Tabarot, after he publicly rejected the technology in its current form.
Tabarot outlines several concerns with Tesla Full Self-Driving in a detailed video statement, where he said, “The safety trade-offs are not yet sufficient to authorize it as it currently stands,” he said. He emphasized that FSD is not a true self-driving system and that the driver remains fully responsible.
Key issues Tabarot also brought up included allowing speeding when surrounding traffic exceeds limits and what he believes are insufficient guarantees of driver attention during complex urban maneuvers such as lane changes, intersections, and roundabouts.
Delaying the approval of FSD in France will cost lives
— Elon Musk (@elonmusk) July 22, 2026
While acknowledging technological progress and France’s support for autonomous innovation, Tabarot stressed that deployment must prioritize road safety. He noted ongoing technical discussions with Tesla, the Netherlands, and other European partners, with further ecosystem meetings planned for the fall.
Musk’s rebuke highlights the human cost of regulatory caution. Tesla’s latest safety reports provide compelling data supporting accelerated adoption. In the most recent 12-month period, vehicles using FSD (Supervised) recorded one major collision per approximately 5.1 million miles driven, dramatically better than the U.S. national average of one crash per 698,000 miles.
Even Tesla vehicles driven manually with active safety features outperform the average by a wide margin. These figures come from billions of real-world miles of telemetry, showing FSD vehicles involved in far fewer incidents than both manual Teslas and the broader U.S. fleet.
Critics argue Tesla’s comparisons require careful scrutiny regarding reporting thresholds and fleet demographics, yet the data consistently positions FSD as a potential lifesaver. With road fatalities remaining a leading cause of death worldwide, Musk contends that proven safer technology should not face prolonged bureaucratic hurdles.
France’s measured approach reflects the broader European regulatory caution, which many, especially Musk, have been critical of in the past. However, as autonomous systems from Tesla and competitors like Waymo demonstrate superior safety in independent studies, pressure is mounting for harmonized approvals.
Musk’s warning carries the belief that every month of delay may equate to avoidable tragedies on European roads.
In a striking revelation that underscores the lucrative crossover between Big Tech and space exploration, Alphabet Inc., Google’s parent company, disclosed a massive $94.1 billion equity stake in SpaceX following the rocket company’s blockbuster initial public offering earlier this year.
The disclosure came in Alphabet’s quarterly filing, marking the first time the long-held private investment has been publicly valued at market prices. Google was an early backer, investing alongside Fidelity in 2015 with roughly $500-900 million at a time when SpaceX was valued around $12 billion.
That bet has delivered extraordinary returns, roughly a hundredfold, transforming a strategic play on satellite internet and launch capabilities into one of Alphabet’s largest assets.
Google, $GOOGL, has said they hold $94 billion in SpaceX, $SPCX, shares after IPO.
— unusual_whales (@unusual_whales) July 23, 2026
Of the total holding, approximately $80 billion remains subject to short-term post-IPO lockup restrictions, preventing near-term sales. An additional $14.1 billion faces longer-term restrictions, extending into the third quarter of 2027. This structure limits immediate liquidity but protects against market volatility as SpaceX transitions into public trading.
The SpaceX position contributed significantly to gains in Alphabet’s broader investment portfolio, which also includes a major stake in AI leader Anthropic. Combined, these holdings helped drive nearly $100 billion in investment gains during the second quarter, providing a substantial boost to net income amid ongoing AI spending pressures.
Analysts view the disclosure as validation of Alphabet’s venture strategy beyond its core search and cloud businesses. The investment aligns with deeper ties, including reported multi-billion-dollar deals for AI computing capacity on SpaceX infrastructure. As SpaceX advances Starship flights, Starlink expansion, and ambitious Mars goals under Elon Musk, Google’s stake positions it to benefit from the commercialization of space.
For Alphabet, the windfall highlights how patient, forward-looking bets in transformative sectors can yield outsized rewards. While lockups temper short-term impact, the holding cements SpaceX as a cornerstone of Alphabet’s diversified portfolio in an era where aerospace, AI, and connectivity increasingly intersect. Investors will watch closely as restrictions lift and SpaceX’s public performance unfolds.
Tesla stock tumbles after earnings, one of its sharpest single-day declines
Elon Musk is not happy about this Tesla Full Self-Driving approval delay
