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SpaceX snags second Falcon 9 booster in two weeks after Crew Dragon launch

Falcon 9 B1051 returned to Port Canaveral for the first time aboard drone ship Of Course I Still Love You on March 5th. (Pauline Acalin)

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SpaceX and the company’s drone ship Of Course I Still Love You (OCISLY) have successfully wrapped up their second Falcon 9 recovery in less than two weeks, bringing booster B1051 back to Port Canaveral to be broken over and refurbished for a second launch.

Following its support of Crew Dragon’s thus far flawless launch debut, the booster will likely be exceptionally easy to turn around for its next flight. That second launch could occur as early as late April for Cargo Dragon’s 17th mission, a consequence of NASA’s desire to keep its SpaceX missions on boosters that are ‘in family‘ (i.e. only new boosters or flight-proven boosters that have only launched NASA payloads).

https://twitter.com/_TomCross_/status/1102944003358687232

Although B1051’s reentry profile was relatively slow and gentle with main engine cut-off (MECO) and booster separation occurring at ~1.9 km/s (4250 mph) and 85 km (53 mi), its recovery was made intriguingly difficult by high seas at drone ship OCISLY’s Atlantic Ocean station. These bad conditions were readily visible at several points during SpaceX’s DM-1 livestream, with OCISLY heeling several degrees as the Falcon 9 booster’s Merlin 1D engine lit up the surrounding area like a floodlight. In fact, B1051’s post-landing struggle could actually be seen live as the booster clearly slide several meters across the drone ship’s deck almost immediately after touching down.

This issue of boosters sliding about and generally being difficult to deal with is actually one of the leading motivations that lead to SpaceX developing Octagrabber, a tank-like robot used to remotely secure recovery Falcon 9 first stages while minimizing the risk to the recovery team. In a situation like DM-1, with B1051 already sliding around OCISLY’s deck immediately after a night landing, Octagrabber would nominally be remotely activated and controlled, crawling from its garage to grab Falcon 9’s hold-down clamps and secure the stage with its own weight.

It’s actually unclear whether Octagrabber is capable of this sort of remote operation without SpaceX technicians aboard OCISLY, nor if SpaceX – as of late – has even tried to attempt to secure Falcon 9 boosters at night. The process of transferring crew between ships in heavy seas is actually quite dangerous on its own, so it would be less than surprising to hear that SpaceX’s recovery managers have cut down on nighttime operations in bad weather if Octagrabber can only be operated with crew present on OCISLY. For B1051, the drone ship, a tugboat, and crew boat GO Quest remained in the vicinity of the landing target until the following morning (still March 2nd) before beginning the ~500 km (~300 mi) trek back to Port Canaveral. Greeted by moody low-hanging clouds and scattered showers, observers were actually able to capture the rare sight – as pictured above – of Octagrabber being driven back into its blast shield/garage.

Regardless, future Commercial Crew launches – aside, perhaps, from SpaceX’s second demonstration launch (DM-2) later this year – will likely be able perform return-to-launch-site (RTLS) landings at the company’s Florida landing zones, much like Falcon 9 boosters already do after Cargo Dragon (CRS) missions. According to VP of Mission Assurance Hans Koenigsmann, B1051 had to conduct a drone ship (ASDS) recovery at sea due to NASA’s desire for conservative performance reserves to guard against the potential (and extremely unlikely) failure of one or several Merlin engines during the launch’s boost stage. In 2012, Falcon 9 suffered its first and only (known) in-flight Merlin failure, an anomaly which the rocket’s autonomously avionics perfectly dealt with to save the primary mission (Cargo Dragon’s operational debut, CRS-1). A secondary Orbcomm communications satellite sadly failed to make it to its operational orbit, however, classifying the mission as a partial failure. More recently, there have been unconfirmed hints pointing to other potential in-flight Merlin 1D failures, albeit during booster recovery attempts instead of the main boost phase. Whether or not those anomalies actually occurred, NASA is clearly all about extreme conservatism and ‘safety first’ approaches for the Commercial Crew Program (or at least SpaceX’s side of it).

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SpaceX’s successful recovery of B1051 marks the company’s third launch and landing of 2019, thus far averaging a relatively slow one mission per month. While schedules can change, it currently appears that Crew Dragon’s DM-1 orbital debut will be the only SpaceX launch in March, barring Falcon Heavy’s own commercial debut occurring in the last few days of the month. According to a SpaceX representative speaking earlier this year, the company is actually aiming to equal or even surpass its 2018 record – 21 launches – in 2019, requiring a minimum average of two launches per month for the remainder of the year.

Numbers aside, SpaceX’s 2019 calendar will undoubtedly aim to surpass the number of major company milestones in a single year, a hard act to follow after 2017 and 2018. Ranging from the first operational Starlink satellite launches and the first SpaceX launch with astronauts aboard to major flight test and developmental milestones for the company’s next-gen Starship spaceship and Super Heavy booster, there are an incredible wealth of events to look forward to.


Check out Teslarati’s newsletters for prompt updates, on-the-ground perspectives, and unique glimpses of SpaceX’s rocket launch and recovery processes

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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SpaceX makes first acquisition post-IPO with coding leader Cursor

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Credit: SpaceX

SpaceX has exercised its option to acquire Cursor, the innovative AI coding company, in an all-stock transaction valued at $60 billion. The deal, announced on June 16, marks a significant step in SpaceX’s expansion into advanced artificial intelligence, building on months of close collaboration between the companies.

Cursor, officially operated by Anysphere, Inc., is an AI-native code editor and coding agent designed to transform software development. Founded in 2022 by a group of MIT graduates in San Francisco, Cursor builds on the familiar foundation of Visual Studio Code but integrates powerful AI capabilities directly into the core experience.

Unlike traditional code editors or simple extensions, Cursor functions as a full “coding agent” that turns natural-language instructions into actionable code.

Developers interact with Cursor through features like its Composer agent, which can search entire codebases, edit multiple files, run terminal commands, debug issues, and complete complex multi-step programming tasks autonomously.

Users describe high-level goals, such as “build a scalable API endpoint with authentication,” and the AI plans, implements, tests, and refines the solution while the human oversees decisions. Additional tools include advanced autocomplete (Tab), context-aware chat, and infrastructure for handling billions of daily requests.

The platform has gained considerable traction, surpassing $3 billion in annual recurring revenue by early 2026 and earning adoption by over half of the Fortune 500 companies. Its agentic approach accelerates development dramatically, allowing engineers to focus on architecture and creativity rather than repetitive coding.

The acquisition integrates Cursor’s leading product, expert team of roughly 300 engineers, and distribution network among top software developers with SpaceX’s unparalleled computational resources. SpaceX’s Colossus supercomputer, equivalent to a million H100 GPUs, has already powered joint training of next-generation models. These models are expected to launch soon within Cursor and SpaceX’s Grok Build environment.

This combination positions SpaceX to develop the world’s most capable AI systems for coding and knowledge work. Access to Cursor’s real-world usage data from millions of professional developers provides unparalleled feedback loops for model improvement. Training on Colossus enables rapid iteration on massive datasets, potentially creating AI that outperforms current leaders in reliability, context handling, and complex reasoning.

For SpaceX, the benefits extend far beyond software tools. Rocket engineering, satellite constellation management, autonomous flight systems, and Starship development involve millions of lines of highly specialized, safety-critical code.

Cursor’s AI agents, supercharged by proprietary models trained on SpaceX’s domain expertise, could slash development timelines, reduce errors, and enable faster innovation cycles. This vertical integration of AI tooling strengthens SpaceX’s competitive edge in both aerospace and the broader AI race, complementing its xAI initiatives.

The deal reflects the exploding value of AI-native developer platforms. By owning Cursor outright, SpaceX secures a strategic talent pool and product pipeline that will accelerate internal projects while potentially offering enhanced tools to the wider engineering community. As AI continues reshaping software creation, this acquisition underscores SpaceX’s commitment to leveraging cutting-edge technology for ambitious goals, from Mars colonization to global connectivity.

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SpaceX soars with its first launch as a public company, marking a new era

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Credit: SpaceX

SpaceX executed its first Falcon 9 launch since going public on June 15, a routine yet symbolically powerful Starlink mission from Vandenberg Space Force Base in California.

Liftoff of the Falcon 9 booster B1093, on its 14th flight, occurred at approximately 8:34 a.m. PDT from Space Launch Complex 4E (SLC-4E), deploying 24 Starlink V2 Mini Optimized satellites into low-Earth orbit.

The first stage successfully landed on the droneship “Of Course I Still Love You” in the Pacific Ocean, underscoring the company’s unmatched reusability track record.

This mission comes just three days after SpaceX’s historic IPO on June 12, which shattered records as the largest ever. The company raised $75 billion by pricing shares at $135, with trading under ticker SPCX on Nasdaq opening at $150 and closing at $160.95—a 19 percent gain—valuing SpaceX at over $2.1 trillion.

The launch highlights the seamless transition from private innovator to public powerhouse. SpaceX, founded in 2002, has revolutionized access to space with over 650 Falcon 9 flights and a massive Starlink constellation now serving millions globally.

As a public company, it faces new pressures: quarterly earnings, shareholder scrutiny, and expectations to accelerate Starship development for Mars ambitions and deeper NASA partnerships. Yet the market response signals strong confidence in its dominance, as launch costs are slashed by 95 percent, rapid satellite deployment, and a backlog of government and commercial contracts.

SpaceX maintains bold advertising push for Starlink, contrasting Tesla’s minimalistic approach

Analysts view today’s flight as business as usual, but it carries extra weight. With shares volatile in early trading days, successful operations reassure investors that core capabilities remain unaffected by public status.

SpaceX now operates under heightened transparency, potentially unlocking capital for ambitious goals like Starship orbital tests and global broadband expansion.

Challenges loom, including regulatory hurdles for megaconstellations, competition in reusable rockets, and orbital debris concerns. Nevertheless, this morning’s flawless execution reinforces SpaceX’s trajectory.

As Musk often notes, the company’s mission—to make humanity multiplanetary—now aligns with Wall Street’s growth demands. The stars, it seems, are aligning for both.

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Investor's Corner

Tesla and SpaceX’s biggest bull just placed a massive $1B bet on the stock

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Ron Baron on Tesla stock

Renowned investor Ron Baron, founder and CEO of Baron Capital, has once again demonstrated his unwavering faith in Elon Musk’s ventures.

Just after SpaceX’s record-breaking IPO, Baron announced he purchased an additional $1 billion in SpaceX (NASDAQ: SPCX) shares. This move pushes Baron Capital’s total holdings in the company to a staggering $25 billion in market value, underscoring one of the most successful private-to-public investment stories in recent history.

Baron’s relationship with SpaceX dates back to 2017, when his firm began investing approximately $1.75–2 billion through secondary markets and employee tender offers at valuations around $20–22 billion.

By the time of the IPO, which valued SpaceX at over $2 trillion with shares closing near $161, those early stakes had generated more than $13 billion in unrealized gains. Post-IPO, Baron’s position ballooned further, reflecting the company’s meteoric rise driven by reusable rocketry, Starlink’s global satellite internet constellation, Starshield defense applications, and ambitious plans for orbital infrastructure.

In a recent interview, Baron articulated his bullish outlook with characteristic enthusiasm.

“I think we’re going to make hundreds of billions of dollars,” he stated, emphasizing that SpaceX’s achievements in rocketry and satellite technology are “not possible for anyone else to accomplish.” He envisions the company as a cornerstone of humanity’s multi-planetary future, potentially reaching valuations of $10–30 trillion within 10–15 years.

Baron has repeatedly affirmed he has no plans to sell, viewing SpaceX as a “lifetime investment” alongside Tesla.

Tesla bull Ron Baron reveals $100M SpaceX investment, sees 3-5x return on TSLA

This conviction stems from SpaceX’s unparalleled execution. The company has revolutionized access to space with Falcon 9 reusability, deployed thousands of Starlink satellites, and is advancing Starship for Mars missions and point-to-point Earth transport.

Baron highlights emerging opportunities like space-based AI data centers and direct-to-cell satellite connectivity, positioning SpaceX at the forefront of a new space economy projected to generate trillions in value.

Critics may question the lofty projections amid high valuations and execution risks, but Baron’s track record speaks volumes. His Tesla holdings, initiated in the mid-2010s, have also delivered outsized returns. As one of the largest institutional holders of SpaceX pre-IPO, Baron Capital’s funds, such as Baron Partners, benefited immensely from valuation markups.

Baron’s $1 billion IPO purchase signals deep confidence in SpaceX’s post-IPO trajectory. In an era of short-term market noise, his strategy exemplifies patient capital: backing visionary leadership and transformative technology.

For investors watching the space sector, it serves as a powerful endorsement that the final frontier may indeed yield the next great wealth-creation engine. As Baron puts it, SpaceX isn’t just building rockets—it’s trying to “save humanity” by expanding our horizons beyond Earth.

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