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SpaceX closes in on Falcon 9 reliability milestone after flawless Monday launch [photos]

Falcon 9 B1056 lifts off on its third orbital launch in seven months, carrying a communications satellite to geostationary transfer orbit. (Richard Angle)

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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.

In what can only be described as an event of astronomical odds, a firefly photobombed Richard Angle’s Kacific-1 long exposure, perfectly crossing the streak of Falcon 9 booster B1056’s reentry burn several hundred miles downrange. (Richard Angle)

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.

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Falcon 9 B1056’s third successful launch and landing also brought the launch vehicle family just one mission away from a major reliability milestone. (Richard Angle)

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.

Falcon 9 B1056 stands vertical for the third time in seven months at SpaceX’s LC-40 launch pad. (Richard Angle)

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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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

Elon Musk calls out $2 trillion SpaceX IPO valuation as ‘BS’

In a swift rebuke on X, Elon Musk dismissed reports claiming SpaceX had confidentially filed for an initial public offering targeting a valuation above $2 trillion, labeling the information as unreliable.

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CEO Elon Musk is set for a unique SpaceX and Tesla double-header with a Starlink launch and earnings report currently scheduled on the same day. (SpaceX)

Elon Musk is quick to call out any false information regarding him or his companies on his social media platform, known as X.

A recent report that claimed SpaceX was aiming to go public with an IPO in the coming weeks at a massive valuation of $2 trillion was called out by Musk, who referred to it as “BS.”

In a swift rebuke on X, Elon Musk dismissed reports claiming SpaceX had confidentially filed for an initial public offering targeting a valuation above $2 trillion, labeling the information as unreliable.

The exchange highlights ongoing media speculation about the rocket company’s future and Musk’s frustration with what he views as inaccurate financial reporting. The report came from Bloomberg.

The controversy erupted on April 2, 2026, when influencer Mario Nawfal amplified claims from Bloomberg.

The outlet posted that SpaceX had boosted its IPO target valuation above $2 trillion, describing it as potentially one of the largest public offerings in history. Musk challenged the story.

It echoes past instances where Musk has corrected valuation rumors about his companies, emphasizing that speculation often outpaces reality.

Elon Musk debunks latest rumors about SpaceX IPO

Background context adds nuance.

Earlier reports indicated SpaceX had filed confidential IPO paperwork with the U.S. Securities and Exchange Commission, potentially positioning it for a record-breaking debut that could eclipse Saudi Aramco’s 2019 listing.

Initial estimates pegged a possible valuation north of $1.75 trillion, building on a post-merger figure around $1.25 trillion after SpaceX absorbed xAI. A subsequent Bloomberg update claimed advisers were floating figures above $2 trillion to investors, with the offering potentially raising up to $75 billion.

SpaceX remains a private powerhouse. Its achievements include thousands of Starlink satellites providing global broadband, routine Falcon 9 rocket reusability, and a mission to slash launch costs, along with ambitions for Starship to enable Mars colonization.

The company also benefits from government contracts with NASA and the Department of Defense. A public listing could democratize access for retail investors while subjecting SpaceX to greater scrutiny and quarterly reporting pressures.

Critics of the reports point to the confidential nature of filings, which limits verifiable details. Musk has previously downplayed inflated valuations, once calling an $800 billion figure for SpaceX “too high.”

Supporters argue that hype around mega-IPOs, especially amid the ongoing AI fervor, fuels premature narratives that distract from core technical milestones, such as full Starship reusability and Starlink constellation expansion.

The incident reflects broader tensions in tech finance. Anonymous sourcing in valuation stories can drive market chatter and betting activity, yet it risks misinformation.

Bloomberg defended its reporting through multiple articles citing “people familiar with the matter,” but Musk’s blunt dismissal resonated widely on X, with users piling on to question media reliability.

Whether SpaceX ultimately goes public remains uncertain. Musk has teased an IPO tied to Starlink maturity, but priorities center on engineering breakthroughs over Wall Street timelines. For now, the $2 trillion figure joins a list of rumored milestones that Musk insists should be taken with skepticism.

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Elon Musk

Elon Musk reveals date of SpaceX Starship v3’s maiden voyage

The announcement arrives after Flight 11 on October 13 of last year, which concluded a busy 2025 testing campaign. Since then, SpaceX has focused on ground testing, including cryoproofing of Ship 39 and preparations for Booster 19, the first V3 Super Heavy.

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Credit: SpaceX

SpaceX CEO Elon Musk has revealed the timeline for the next Starship launch. It will be the first launch using SpaceX’s revamped design for Starship, as its v3 rocket will take its maiden voyage sooner than many might expect.

Musk announced on April 3 on X that the next Starship flight test, and the first flight of the upgraded v3 ship and booster, is 4 to 6 weeks away. The update signals the end of a nearly six-month hiatus since the program’s last launch.

The upcoming mission, designated as Starship’s 12 integrated flight test (IFT-12), marks a significant milestone. It will be the debut of the v3 configuration, featuring a taller Super Heavy Booster and Starship upper stage. The changes SpaceX has made with the v3 rocket and booster are an increased propellant capacity and the more powerful Raptor 3 engines.

Earlier predictions from Musk in March had pointed to an April timeframe, but the latest timeline now targets a launch window in early to mid-May 2026.

The V3 iteration represents a substantial evolution from previous Starship prototypes. Engineers have optimized the design for improved manufacturability, higher thrust, and greater efficiency. Raptor 3 engines deliver significantly more power while reducing weight and production costs compared to earlier variants.

With these enhancements, SpaceX aims to boost payload capacity toward 200 metric tons to low Earth orbit in a fully reusable configuration — a dramatic leap from the roughly 35-ton target of prior versions. Such capabilities are critical for ambitious goals, including NASA’s Artemis lunar missions and eventual crewed flights to Mars.

The announcement arrives after Flight 11 on October 13 of last year, which concluded a busy 2025 testing campaign. Since then, SpaceX has focused on ground testing, including cryoproofing of Ship 39 and preparations for Booster 19, the first V3 Super Heavy.

Recent activities have involved static fires, activation of the new Pad 2 at Starbase in Boca Chica, Texas, and integration of Raptor 3 engines.

A prior incident with an early V3 booster on the test stand in late 2025 contributed to the delay, necessitating additional assembly and qualification work.

Musk’s timeline updates have become a hallmark of the Starship program, often described with characteristic optimism.

SpaceX’s Starship V3 is almost ready and it will change space travel forever

While past targets have occasionally shifted by weeks, the rapid iteration pace remains impressive. However, don’t be surprised if this timeline shifts again, as Musk has been overly optimistic in the past with not only launches, but products under his other companies, too.

SpaceX continues to refine launch infrastructure, including new propellant loading systems and tower mechanisms designed to support higher cadence operations. A successful V3 flight could pave the way for more frequent tests, tower catches of both booster and ship, and progression toward operational reusability.

The v3 debut is viewed as a transition point for Starship, moving beyond experimental flights toward a system capable of supporting large-scale deployment of Starlink satellites, lunar landers, and interplanetary transport.

Success on IFT-12 would demonstrate not only the new hardware’s performance but also SpaceX’s ability to recover from setbacks and maintain momentum.

As the 4-to-6-week countdown begins, anticipation builds at Starbase. Teams are finalizing vehicle stacking, conducting final pre-flight checks, and preparing for regulatory approvals. The world will be watching to see if Starship V3 can deliver on its promise of transforming humanity’s access to space.

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SpaceX to launch military missile tracking satellites through new Space Force contract

SpaceX wins a $178.5M Space Force contract to launch missile tracking satellites starting in 2027.

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Space Force officials say the Falcon 9 booster pictured here in SpaceX's rocket factory will have to wait a few months longer for its launch debut. (SpaceX)

The U.S. Space Force awarded SpaceX a $178.5 million task order on April 1, 2026 to launch missile tracking satellites for the Space Development Agency. The contract, designated SDA-4, covers two Falcon 9 launches beginning in Q3 2027, one from Cape Canaveral Space Force Station in Florida and one from Vandenberg Space Force Base in California. The satellites, built by Sierra Space, are designed to bolster the nation’s ability to detect and track missile threats from orbit.

The award falls under the National Security Space Launch Phase 3 Lane 1 program, which Space Force uses to move payloads to orbit on faster timelines and at more competitive prices. “Our Lane 1 contract affords us the flexibility to deliver satellites for our customers, like SDA, more easily and faster than ever before to all the orbits our satellites need to reach,” said Col. Matt Flahive, SSC’s system program director for Launch Acquisition, in the official press release.

SpaceX is quietly becoming the U.S. Military’s only reliable rocket

The SDA-4 contract is the latest in a long string of national security wins for SpaceX. As Teslarati reported last month, the Space Force recently shifted a GPS III satellite launch from ULA’s Vulcan rocket to SpaceX’s Falcon 9 after a significant Vulcan booster anomaly grounded ULA’s military missions indefinitely. That move made it four consecutive GPS III satellites transferred to SpaceX after contracts were originally awarded to its competitor.

This didn’t come without a fight and dates back years. SpaceX originally had to sue the Air Force in 2014 for the right to compete for national security launches, at a time when United Launch Alliance held a near monopoly on the market. Since then, the company has steadily displaced ULA as the dominant provider, and last year the Space Force confirmed SpaceX would handle approximately 60 percent of all Phase 3 launches through 2032, worth close to $6 billion.

With missile defense satellites now part of its launch manifest alongside GPS, communications, and reconnaissance payloads, SpaceX is giving hungry investors something to chew on before its imminent IPO.

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