News
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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- (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 CEO Elon Musk posted a photo of himself standing with the Optimus production team inside Tesla’s Fremont factory, arms crossed amid workers in hard hats and safety vests. The image captures a pivotal industrial shift: the same facility space once dedicated to building Tesla’s flagship Model S sedan and Model X SUV is now home to the company’s humanoid robot manufacturing line.
Walking the Optimus production line in Fremont pic.twitter.com/ABS0tuRibW
— Elon Musk (@elonmusk) July 1, 2026
Tesla’s Fremont Factory, acquired in 2010 from the former NUMMI joint venture between Toyota and GM, has been the company’s original U.S. manufacturing hub since Model S production began in 2012.
The Model X followed soon thereafter. These premium vehicles offered lower annual volumes, recently around 30,000 combined, compared to the high-volume Model 3 and Model Y lines that continue around the site. Over their combined run, the S and X accounted for roughly 610,000 units.
In late January 2026, during Tesla’s Q4 2025 earnings call, Elon Musk announced the end of Model S and Model X production in Q2 2026. The final vehicles rolled off the line in early May. Rather than retooling for another vehicle, Tesla chose to convert the dedicated S/X assembly area into a dedicated Optimus Gen 3 production line.
Model 3 and Y manufacturing remains unaffected. Tesla’s official Fremont Factory page now lists Optimus alongside the 3 and Y as core products.
The conversion was executed with remarkable speed. After production stopped, crews dismantled the existing vehicle line and installed entirely new modular equipment—including lines sourced from Germany and dozens of sub-lines for actuators, batteries, and other components—in roughly four months.
Musk described the timeline as “insanely fast,” noting it would be unprecedented for any other manufacturer. Initial Optimus output is expected to ramp slowly due to the robot’s roughly 10,000 unique parts and the brand-new production processes involved. The Fremont line targets an eventual capacity of 1 million Optimus units per year.
Tesla isn’t joking about building Optimus at an industrial scale: Here we go
Optimus Development Timeline
- August 19, 2021: Optimus (then called Tesla Bot) formally announced at Tesla’s first AI Day. A concept video showed a person in a suit demonstrating the vision for a general-purpose humanoid capable of dangerous, repetitive, or boring tasks using the same AI architecture as Full Self-Driving.
- 2022: Early prototypes displayed. At the second AI Day in September, semi-functional units demonstrated walking across a stage and basic arm movements
- 2023: September videos showed improved capabilities, including sorting colored blocks, precise limb awareness, and holding a Yoda pose.
- 2024-early 2025: Factory integration videos showed Optimus navigating workspaces and handling objects like battery cells.
- January 2026: Gen 3 mass-production activities began at Fremont, with reports of over 1,000 Gen 3 units already operating inside the factory for real-world learning and AI training
- April 2026: Musk confirms Optimus production on converted Fremont line would begin in late July or August 2026. The Gen 3 reveal, originally eyed for Q1, was pushed closer to production start. A second, much larger Optimus factory at Giga Texas is under construction, with volume production targeted for Summer 2027 and long-term capacity of 10 million units annually
- July 1, 2026: Musk’s on-site visit and team photo confirm the Optimus line is operational and the transition is actively progressing
Tesla positions Optimus as potentially its largest project ever, leveraging vertical integration, AI expertise, and car-like manufacturing know-how to scale humanoid robots first for its own factories and later for broader industrial and consumer use.
The Fremont conversion serves as a critical proving ground for this ambitious new chapter in Tesla’s already-rich history.
Investor's Corner
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
Tesla short seller Michael Burry, the subject of the film “The Big Short,” where he was portrayed by Steve Carell, has revealed he has opened a new bet against the stock.
In a new update to his Substack newsletter in a post titled “Trading Post June 30, 2026,” Burry revealed a new set of bets against Tesla, Caterpillar, NVIDIA, Applied Materials Inc., and the iShares Semiconductor ETF.
In regard to Tesla, Burry wrote:
“And finally I shorted Tesla at 416.22. Happy it jumped back to this level.”
This means Burry likely opened his new short position after the company’s recent rally on Wall Street, which saw Tesla shares sink in mid-May, only to recover to well over the $400 mark. Currently, shares trade at around $427.
The company saw a big Tuesday as shares climbed considerably, over 10 percent. The size of the Tesla short was not provided, nor did Burry give any information on the position’s structure, the number of shares, dollar value, or whether options were used in the short.
The Tesla and SpaceX merger everyone is talking about is quietly building
Over the years, Burry has been one of the more vocal critics of Tesla, calling its share price “media inflated,” and saying it was “ridiculously overvalued” as recently as December.
The company has largely transitioned away from being known as an automotive company and instead is much more widely regarded as an AI play, mostly due to its Full Self-Driving efforts, Optimus robot development, and data collection related to both.
This has not pulled those skeptics away from being vocal about their distaste for how Tesla is valued, but there’s no denying that the company is a global force in many things, including sustainable energy, automotive, and AI.
Wedbush Securities is initiating stock coverage on SpaceX (NASDAQ: SPCX), marking the first comments on the company since it went public several weeks ago. Wedbush and its analyst handling coverage, Dan Ives, are widely bullish on fellow Musk company Tesla (NASDAQ: TSLA).
Ives wrote his first note initiating coverage of SpaceX shares on Wednesday with a $190 price target and an ‘Outperform’ rating. The firm believes the company is well positioned off of its IPO because of its wide array of projects, including AI compute power and infrastructure, connectivity projects, and launches.
“We view SpaceX as one of the most differentiated assets within the tech market with a strong footprint across its three core markets, with Starlink driving success with connectivity,” Ives wrote, “Starship launches leading to a demand flywheel and increasing deal flow for its Colossus clusters.”
Elon Musk called it Epic: The full story of SpaceX’s Starship Flight 12
Wedbush leans heavily on Starlink, which they say is the “profitability driver given the strength of its recurring revenue base of ~12 million subscribers as of June 5th.” Ives believes Starlink is still in the “early innings” of penetrating the global telecommunications and broadband market, as it only holds less than a 1 percent share. However, this number is sure to increase over time.
It also highlights the importance of Starship, which it says is an “essential layer” of SpaceX’s overall success. SpaceX developing and displaying the ability to reuse rockets is a major cost and reliability advantage “as it reduces the necessary hardware launch costs while generating a feedback loop for future flights to improve their launch flight rate without accelerating capex spend.”
Finally, SpaceX’s recent AI/Compute projects are also very elementary, Ives writes. It is worth mentioning Wedbush said its $190 price target is derived from a valuation forecast that sees the company yielding roughly $2.48 trillion of implied enterprise value.
There are also some factors that Wedbush did not take into account with its initial coverage. The firm wrote in the note:
“We note that there is optional value coming from Starship’s accelerating scale towards sub-$200/kg unit economics, orbital data centers, and enterprise AI monetization as these factors could drive meaningful upside but these face major hurdles, so we do not take that into account with our valuation.”
SpaceX shares are down just over 2 percent today, trading at around $167 at the time of publication.
Tesla Optimus project fires up as Musk sees production line progress
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
