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SpaceX launches two Falcon 9 rockets in seven hours
Two SpaceX Falcon 9 rockets have successfully launched a Crew Dragon carrying four astronauts and a new batch of Starlink internet satellites a little over 7 hours apart, nearly halving the company’s previous record.
A Falcon 9 rocket on the East Coast kicked things off with a launch out of NASA’s Kennedy Space Center (KSC) LC-39A pad – leased by SpaceX since 2014 – at noon EDT (16:00 UTC). A rare new Falcon 9 booster lifted an expendable upper stage and flight-proven Crew Dragon capsule – carrying four professional astronauts – most of the way free from Earth’s atmosphere before heading back to Earth and landing without issue on a SpaceX drone ship. The upper stage continued to low Earth orbit and deployed Dragon, kicking off a 29-hour journey to the International Space Station (ISS).
Seven hours and ten minutes later, a second Falcon 9 rocket lifted off from SpaceX’s Vandenberg Space Force Base (VSFB) SLC-4E pad, bursting through a thick layer of coastal fog. Following a successful launch and landing of booster B1071 and two good burns of the rocket’s upper stage, Falcon 9 deployed another 52 Starlink V1.5 satellites, adding to the more than 3000 working satellites already in orbit.
And SpaceX isn’t done. As early as 7:07 pm EDT (23:07 UTC) on October 6th, less than 24 hours after Starlink 4-29, a third Falcon 9 rocket is scheduled to launch from SpaceX’s Cape Canaveral Space Force Station (CCSFS) LC-40 pad. Rounding out the trio, the mission will carry Intelsat’s Galaxy 33 and Galaxy 34 communications satellites into a geostationary transfer orbit (GTO).
The mission will be Falcon 9 booster B1060’s 14th launch, significantly raising the bar for the commercial acceptance of reused SpaceX rockets. Prior to Galaxy 33/34, SpaceX’s commercial reuse record was held by Transporter-3, which was Falcon 9 B1058’s tenth launch.
The completion of two Falcon 9 launches in a little over 7 hours nearly halves SpaceX’s previous record of 14 hours and 8 minutes, set by a pair of launches in June 2022. It also demonstrates that the company can repeatedly prepare for and complete multiple Falcon 9 launches in very close proximity – more or less a necessity if it wants to hit CEO Elon Musk’s unprecedented target of “up to 100 launches” in 2023.
It isn’t a record for all of spaceflight, however. That likely falls to the Soviet R-7 family of rockets, 2 of which launched just 25 minutes apart in 1969. However, 3 Falcon 9 launches in 31 hours (Crew-5, Starlink 4-29, and Galaxy 33/34) is likely a record for all rockets. Parsing astrophysicist Jonathan McDowell’s extensive records, the R-7 family likely held the record for decades after completing 3 launches in 40 hours in 1978.
But, as it turns out, SpaceX already beat that record when it launched 3 Falcon 9 rockets in 36 hours in June 2022. 3 Falcon 9 launches in 31 hours thus breaks SpaceX’s record and the world record. That’s become an increasingly common occurrence for a company that has beaten its competitors so thoroughly that, by many measures, it has become peerless. Now, only the records of the former Soviet Union and a retired NASA rocket can outmatch SpaceX, a single 20-year-old company.
In less than three years, SpaceX has launched 30 astronauts: more than twice as many as China but a tiny fraction of the 852 people NASA’s Space Shuttle launched over its 30-year career. SpaceX’s Falcon family of rockets is the most reliable in history after 154 consecutive successes in less than six years, and Falcon boosters have completed more successful landings (145) than Space Shuttle orbiters. But its Dragon spacecraft will likely never best the Soviet and Russian Soyuz capsule and its variants, and Falcon will almost certainly be retired before it can come close to the R-7 rocket family’s extraordinary record of 1844 launches over 65 years.
But in the modern era, SpaceX is simply unmatched.
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 has expanded the footprint of a massive safety feature worldwide with a recent Software Update labeled as 2026.20.6. The expansion of the “Blind Spot Warning While Parked” feature represents the more widespread availability of the feature, which aims to prevent “dooring.”
Dooring is when a driver or passenger opens a car door into the path of an oncoming road user, usually a cyclist or motorcyclist. It is among the most common types of cycling accidents, the League of American Bicyclists says.
For this reason, Tesla created a feature that warns occupants not to open the door because an object is approaching. The feature will sound a chime, and it will also delay the opening of the door to prevent an incident.
The release notes state (via Not a Tesla App):
“If you attempt to open a door while an approaching object is detected in your blind spot (for example, a bicyclist approaching from behind) a chime sounds, and your door will not open upon initial button press. Wait a short time and press the button a second time to override the warning.”
Tesla initially rolled out this feature back in 2024 with the Model 3 “Highland.” However, it remained with the Model 3 exclusively for over a year; that was until Tesla added it to the Cybertruck this past Spring.
Now, it is making its way to the new Model Y, 2021 and newer Model S, and 2021 or newer Model X.
The prevention of dooring incidents could eliminate many injuries to cyclists, especially in an urban setting. Dooring accounts for 10-20 percent of bike-related crashes in major cities, and over 17,000 dooring-related incidents were treated in the U.S. over the course of a decade. These usually involve fractures, contusions, and head trauma.
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
SpaceX gets initial stock coverage from Tesla’s biggest bull
