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SpaceX nails first rocket landing by sea in half a year, sends exoplanet probe beyond the Moon
SpaceX has successfully completed the first drone ship recovery of a Falcon 9 booster in nearly six months, bringing to an end a what will likely be the final drought of by-sea rocket landings in the company’s history.
B1045’s landing was a particularly stunning example of just how far SpaceX has come. By all appearances, the recovery was easily the smoothest yet achieved by the company, with nary a hint of reentry heating visible in the near-flawless live coverage from a camera aboard the booster. Perhaps of even more interest, the landing itself appeared to be exceptionally luxurious, with the booster gently floating down to its final resting perch aboard the drone ship Of Course I Still Love You.
Falcon 9 1045 soars to the sky, the final new Block 4 flight ever. (Tom Cross)
This return-to-landing, so to speak, is SpaceX’s 24th successful Falcon booster recovery in just over three years of true recovery efforts. The last several months have featured an unfamiliar number of intentionally expendable launches, in which SpaceX chose to preclude any attempt at recovery, instead typically gently landing the boosters in the ocean to gather additional flight-test data and to explore the envelope of Falcon 9’s recovery capabilities. In all cases but one (Hispasat 30W-6), these intentionally expended boosters were older, flight-proven versions of the rocket, versions that hadn’t been designed to economically fly more than once or twice.
B1045, however, has just one flight under its belt, and is already pegged for a second launch with CRS-15, giving the booster as few as 50 days to be refurbished and prepped for its second pre-launch static fire (likely the first week of June). This would be an exceptionally fitting case of foreshadowing for SpaceX’s upcoming Block 5 iteration of Falcon 9. If a Block 4 booster can be launched, landed, and refurbished in well under two months, one can only imagine what a Falcon 9 explicitly upgraded for ease of reuse will be capable of.
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- Although SpaceX has nail multiple LZ-1 recoveries over the last six months, TESS is the first mission to feature a successful drone ship land since October 30 2017. (SpaceX)
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- B1045 soars towards OCISLY, stationed 300 km East of the Florida coast. (SpaceX)
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- Falcon 9 B1045’s picture-perfect, gentle landing aboard drone ship OCISLY, April 2018. (SpaceX)
Over the past six months, SpaceX has aggressively expanded their program of orbital rocket reuse, leaping from just three operational reflights of Falcon 9 boosters in the process’ first half-year (Mar-Oct ’17) to seven operational reflights between the following months of December and April. Today, April 18, the successful launch of NASA’s Transiting Exoplanet Survey Satellite (TESS) marks the final launch of a new Block 4 Falcon 9 booster (B1045) – although we can expect as many as three additional reflights of recovery Block 4 boosters in 2018, all new Falcon 9 boosters from here on out will be Block 5s, a final upgrade to the rocket designed to significantly optimize reliability and reusability. The first Falcon 9 Block 5 is expected to debut sometime in May, currently No Earlier Than (NET) May 4.
Impressively, despite the fairly extensive modifications and upgrades – both for reliability and reusability – included in Falcon 9 Block 5, SpaceX’s Hans Koenigsmann stated that the lengthy test campaign in Texas went well and was in fact “faster than we’ve ever had on new Block upgrades [of Falcon 9].” SpaceX themselves have not yet given a specific date for the debut of Block 5, but Hans did partially confirm recent reports that it is now targeting a debut in “early May” with the launch of Bangabandhu-1. Put simply, so long as things go more or less according to plan, 2018 will in every conceivable way usher in the real future of orbital-class reusable rockets – perhaps enabling the sort of responsive, cheap, and reliable access to space long ago promised by CEO Elon Musk.
Koenigsmann: This TESS booster is planned to fly again on the next CRS mission pending NASA approval. #SpaceX
— Michael Baylor (@MichaelBaylor_) April 15, 2018
Science galore
TESS will dramatically increase the number of known exoplanets. It will more than double the number found by Kepler. #NASA #TESS #SpaceX #Falcon9
— Chris G (@ChrisG_SpX) April 15, 2018
Despite its diminutive size and 350 kg mass, TESS is expected to dramatically expand the number of detected exoplanets in the universe, and is tasked with surveying the remaining 95% of the sky left unscanned after Kepler’s famous mission. Ultimately, conservative estimates from astronomers expect TESS to add thousands of new exoplanets to humanity’s current catalog, with perhaps as many as 10% of those discovered likely to be Earth-sized, and thus potential candidates for the first habitable planets to be observed beyond the cozy bounds of our own Solar System.
To give a sense of just how far electronics and satellite technology have improved in the decade since the Kepler observatory was launched (2009), that 1050kg spacecraft was designed to stare specifically at one small segment of the sky (0.25%), scanning it ceaselessly for exoplanets. Despite complex technical difficulties, Kepler managed to discover nearly 1100 confirmed exoplanets, with more than 3000 additional candidates waiting to be confirmed by other spacecraft or telescopes.
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- A Falcon 9 fairing during encapsulation, when a launch payload is sealed inside the fairing’s two halves. This small satellite is NASA’s TESS, launched in April 2018. (NASA)
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- Smol TESS seen attached to SpaceX’s Falcon 9 second stage. (SpaceX)
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- Teeny, tiny TESS separates from Falcon 9’s second stage and begins its journey beyond the Moon, ahead of a productive life of science. (SpaceX)
On the other hand, the 350kg TESS, has been designed to sca the entire sky and may well double, triple, or quadruple the number of known exoplanets in the universe. Falcon 9 may undoubtedly be a bit like using a dump truck when a shovel would do, but the tiny size of the payload can be thanked for the exceptionally gentle booster recovery and the equally (relatively) easy refurbishment soon to follow.
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- (SpaceX)
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- (Tom Cross)
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- Falcon 9 B1045 prepares for its first launch in mid-April. (SpaceX)
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- SpaceX engineers and technicians have begun an aggressive campaign hoping to recover and reuse fairings ASAP. (Tom Cross)
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- Falcon 9 B1045 before its first launch, carrying NASA’s TESS exoplanet observatory, in April 2018. (Tom Cross)
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Tesla has finally clarified the situation regarding the viral crash in Texas where a Model 3 slammed into a home.
CEO Elon Musk replied to reports on Monday that stated the crash was due to the company’s Full Self-Driving or Autopilot suite, which seemed unlikely to those who are familiar with it. Video showed the car slamming into a house at an excessive rate of speed, making it highly unlikely the crash was due to the suite’s operation, as it does not travel at those speeds in residential areas.
Musk said:
“This makes no sense. FSD drives slowly through neighborhood streets, and this was a high-speed crash!”
Tesla’s Head of AI, Ashok Elluswamy, added context, revealing that the company’s data shows the driver “manually overrode self-driving by pressing the accelerator all the way to 100%.”
He revealed the speed reached by the car was 73 MPH, and the accelerator was still pressed “even after the crash.”
Yup. In this case, the driver manually overrode self-driving by pressing the accelerator all the way to 100% of the accel pedal in this residential area. They reached a speed of 73 mph during the crash, and had the accelerator pressed even after the crash.
— Ashok Elluswamy (@aelluswamy) June 22, 2026
Authorities are reportedly investigating “whether Tesla’s Autopilot system played a role after a Model 3 left the roadway…slammed through a brick house at high speed and fatally struck Matha Avila as she sat inside,” the New York Post reported.
The National Highway Traffic Safety Administration (NHTSA) is now investigating the crash. Tesla will work with the agency to provide them with whatever information they need in order to clarify the cause of the crash.
Similarly, Tesla had claims of a fatal accident in Harris County, Texas, a few years ago. Early reports indicated that Full Self-Driving was the cause of the crash. After the National Transportation Safety Board (NTSB) worked with Tesla, the agency proved there was “no use of the Autopilot system at any time during this ownership period of the vehicle, including the time frame up to the last transmitted timestamp on April 17, 2021.”
Tesla alleged “driverless” crash in Texas: What is known so far
“Application of the accelerator pedal was found to be as high as 98.8 percent,” the NTSB said in their findings. The highest recorded speed in the five seconds leading up to the impact was 67 miles per hour. The area where the crash occurred is residential, and Texas State laws have default speed limits of 30 MPH in residential streets.
This appears to be a similar situation. However, an investigation will prove what happened for sure.
SpaceX announced today that it commenced its first-ever public bond offering, marking a significant step in the newly public company’s capital markets strategy.
The company announced an offering of senior unsecured notes expected to raise at least $20 billion.
The move comes just a short time after SpaceX completed one of the largest initial public offerings in history. In mid-June, the company priced shares at $135 and raised more than $85 billion, propelling founder Elon Musk’s net worth past the trillion-dollar mark and giving the firm substantial liquidity.
🚨 SpaceX has announced its inaugural offering of senior unsecured notes.
The net proceeds will be used to repay outstanding loans under its bridge loan facility in full.
This inaugural debt offering represents a financing milestone for SpaceX, which previously depended… pic.twitter.com/pcOZuVbTRv
— TESLARATI (@Teslarati) June 22, 2026
According to the company’s SEC filing, the net proceeds from the notes will be used primarily to repay in full the outstanding borrowings under its existing bridge loan facility, cover related fees and expenses, and fund general corporate purposes. The offering is being conducted under Rule 144A, as well as Regulation S, targeting qualified institutional buyers and non-U.S. investors. Notes will be unsecured obligations ranking equally with other unsubordinated debt.
The $20 billion bridge loan was used to refinance approximately $17.5 billion in higher-cost “junk” debt tied to X and xAI. SpaceX had merged with xAI in February 2026 in an all-stock deal. The bridge facility, which matures in September 2027, had represented the bulk of SpaceX’s long-term debt.
SpaceX officially acquires xAI, merging rockets with AI expertise
In connection with the bond launch, SpaceX disclosed it held approximately $100.8 billion in cash and cash equivalents as of June 19. Investor calls began on the announcement date, with pricing and launch expected shortly thereafter. Rating agencies have assigned investment-grade ratings to the proposed bonds, reflecting confidence in SpaceX’s dominant position in commercial launches and the growth trajectory of its Starlink internet offering.
The debt raise also allows SpaceX to optimize its balance sheet by replacing short-term, higher-cost bridge financing with longer-date, lower-cost fixed-income securities. This provides greater financial flexibility to support capital-intensive initiatives, including the development of Starship, the expansion of the Starlink constellation, and the integration of AI capabilities following the xAI combination.
SpaceX shares (NASDAQ: SPCX) fell sharply on the news, dropping over 16 percent overall on the market on Monday. The stock had surged initially after debuting but pulled back amid profit-taking and broader market dynamics.
Overall, the bond offering underscores SpaceX’s transition to a mature public company with access to diverse funding sources. It positions the firm to pursue its long-term vision of multiplanetary expansion and AI infrastructure, while maintaining a disciplined approach to its capital structure in a high-growth but capital-heavy industry.
SpaceX confirmed today that it has officially signed its third massive compute deal, providing compute at its Colossus data center in Southaven, Mississippi.
Reflection AI will gain immediate access to NVIDIA GB300 chips at SpaceX’s Colossus 2 data center. In return, Reflection will pay SpaceX $150 million per month starting on July 1, with total payments reaching approximately $6.3 billion if the contract runs through its duration, which is until 2029. Either party can terminate the agreement with 90 days’ notice after the initial three-month period.
CNBC first reported the deal.
🚨 SpaceXAI has agreed to a new compute deal with Reflection AI.
Reflection gets access to NIVIDIA GB300s, and will pay $150M per month to SpaceXAI for the compute. pic.twitter.com/bNPare8U5u
— TESLARATI (@Teslarati) June 22, 2026
This latest partnership highlights SpaceX’s strategy of commercializing its massive Colossus supercomputing infrastructure, originally developed to power Elon Musk’s Grok AI models. The company has rapidly expanded its customer base in the AI sector following its February 2026 merger with xAI, a transaction that valued the combined entity at $1.25 trillion.
SpaceX has previously signed significant compute deals with other major players.
It granted Anthropic exclusive access to the full capacity of its Colossus 1 data center, which exceeds 300 megawatts and includes over 220,000 NVIDIA GPUs. Details from SpaceX’s IPO filings indicate Anthropic will pay $1.25 billion per month through May 2029, potentially generating around $45 billion over the term of the deal.
Additionally, Google agreed to pay SpaceX $920 million per month for compute capacity from October 2026 through June 2029. This 32-month period will provide Google access to roughly 110,000 NVIDIA GPUs, along with supporting processors and memory. Capacity ramps up through September at a reduced fee, with termination options after the first year.
SpaceXA also established arrangements for computing power with Cursor, an AI coding startup. SpaceX acquired them in a $60 billion all-stock deal.
These arrangements position SpaceX’s collective position as an AI infrastructure powerhouse with high-margin revenue potential. The Google deal alone could generate nearly $29.5 billion over its term, while the Reflection contract adds another $6.3 billion.
Combined with the Anthropic arrangement, SpaceX stands to realize tens of billions in revenue from compute leasing in the coming years, which diversifies beyond SpaceX’s traditional rocket launches and Starlink operation.
The deals underscore growing demand for advanced AI training and inference capacity amid chip shortages and surging model development needs. Reflection, valued at $25 billion and focused on “American open intelligence” with government and national security ties, cited recent restrictions on closed models as validation for open-source approaches.
For SpaceX, the partnerships transform capital-intensive data centers into flexible revenue sources while supporting its broader AI ambitions after the company has gone public.
Tesla finally clarifies fatal Texas crash, confirms driver manually overrode acceleration
SpaceX makes $20 billion move to optimize its balance sheet
