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SpaceX Falcon boosters likely to surpass Elon Musk’s prime rocket reuse directive
A SpaceX vice president and one of Elon Musk’s first hires says that Falcon boosters will soon meet – and should ultimately beat – the CEO’s longstanding target for rocket reusability.
Years before SpaceX began regularly landing and reusing orbital-class Falcon 9 and Falcon Heavy boosters, Musk was fairly consistent in stating that a primary goal of the ambitious program (then routinely belittled by most involved in aerospace) was to develop a rocket with a lifespan of at least ten launches. When the current and most reusable iteration of Falcon rockets (Block 5) debuted in May 2018, he went even further, stating that SpaceX’s goal was to reuse Block 5 boosters 10 times with minimal refurbishment but ultimately fly them a hundred or more times with intermittent overhauls.
According to SpaceX Vice President of Mission Assurance Hans Koenigsmann, soon to retire (or already retired) after almost two decades with the company, there are no obvious showstoppers that could prevent reusable Falcon boosters from soaring past Musk’s ten-flight target. Speaking at the 47th Spaceport Summit (formerly Space Congress) on February 23rd, Koenigsmann stated (in his opinion) that “ten is [not] a magic number.”
“Until [SpaceX sees] more damage” showing up on recovered fleet-leading rockets, the former VP thinks that there is nothing fundamentally preventing Falcon boosters from flying more than ten times each. In other words, the fairly arbitrary ten-flight goalpost set by CEO Elon Musk years ago may ultimately be quite accurate, resulting in an operational fleet of rockets nominally capable of achieving that target – and then some.
Of course, the question of whether a Falcon booster can launch ten or more times is made irrelevant if SpaceX can’t simultaneously ensure that booster recovery is at least as reliable as the Block 5 design is sturdy. That fundamental challenge reared its head on February 15th when Falcon 9 booster B1059 – on its sixth flight – failed shortly before landing for unknown reasons. On the same conference panel, Koenigsmann couldn’t add much detail to the nonexistent public record, only offering the unfortunate euphemism that the rocket failed because of “heat damage.”
Indeed, SpaceX’s official webcast – and some solid unofficial analysis of available data – does suggest that Falcon 9 was traveling a bit faster (and thus receiving a bit more heat) than planned. But the so-called “heat damage” that may have destroyed the rocket is just a symptom of some other unmentioned trigger – be it incorrect angle of attack, bad avionics sensors, engine underperformance, or any number of other possible causes.
Either way, SpaceX is hoping for a quick return to flight after the booster landing failure. Pending the completion of Starlink-19’s anomaly investigation, its next two Starlink launches have been rescheduled on February 28th and March 7th, representing just a one or two-week delay.
Elon Musk
SpaceX weighs Nasdaq listing as company explores early index entry: report
The company is reportedly seeking early inclusion in the Nasdaq-100 index.
Elon Musk’s SpaceX is reportedly leaning toward listing its shares on the Nasdaq for a potential initial public offering (IPO) that could become the largest in history.
As per a recent report, the company is reportedly seeking early inclusion in the Nasdaq-100 index. The update was reported by Reuters, citing people familiar with the matter.
According to the publication, SpaceX is considering Nasdaq as the venue for its eventual IPO, though the New York Stock Exchange is also competing for the listing. Neither exchange has reportedly been informed of a final decision.
Reuters has previously reported that SpaceX could pursue an IPO as early as June, though the company’s plans could still change.
One of the publication’s sources also suggested that SpaceX is targeting a valuation of about $1.75 trillion for its IPO. At that level, the company would rank among the largest publicly traded firms in the United States by market capitalization.
Nasdaq has proposed a rule change that could accelerate the inclusion of newly listed megacap companies into the Nasdaq-100 index.
Under the proposed “Fast Entry” rule, a newly listed company could qualify for the index in less than a month if its market capitalization ranks among the top 40 companies already included in the Nasdaq-100.
If SpaceX is successful in achieving its target valuation of $1.75 trillion, it would become the sixth-largest company by market value in the United States, at least based on recent share prices.
Newly listed companies typically have to wait up to a year before becoming eligible for major indexes such as the Nasdaq-100 or S&P 500.
Inclusion in a major index can significantly broaden a company’s shareholder base because many institutional investors purchase shares through index-tracking funds.
According to Reuters, Nasdaq’s proposed fast-track rule is partly intended to attract highly valued private companies such as SpaceX, OpenAI, and Anthropic to list on the exchange.
Elon Musk
The Boring Company’s Prufrock-2 emerges after completing new Vegas Loop tunnel
The new tunnel measures 2.28 miles, making it the company’s longest single Vegas Loop tunnel to date.
The Boring Company announced that its Prufrock-2 tunnel boring machine (TBM) has completed another Vegas Loop tunnel in Las Vegas. The company shared the update in a post on social media platform X.
According to The Boring Company’s post, the new tunnel measures 2.28 miles, making it the company’s longest single Vegas Loop tunnel to date.
The new tunnel marks the fourth tunnel constructed near Westgate Las Vegas as the Vegas Loop network continues expanding across the city.
The Boring Company also noted that the new tunnel surpassed its previous internal record of 2.26 miles for a single Vegas Loop segment.
Construction of the tunnel involved moving roughly 68,000 cubic yards of dirt. The excavation process also used about 4.8 miles of continuous conveyor belt, powered by six motors totaling 825 horsepower.
The Boring Company’s Prufrock-series all-electric tunnel boring machines are designed to support the rapid expansion of company’s underground transportation projects, including the growing Vegas Loop network. Prufrock machines are designed for reusability, thanks in no small part to their capability to be deployed and retrieved easily through their “porposing” feature.
The Vegas Loop, specifically the Las Vegas Convention Center (LVCC) Loop segment, has already been used during major events. Most recently, the LVCC Loop supported the 2026 CONEXPO-CON/AGG construction trade show, which was held from March 3-7, 2026.
As per The Boring Company, the LVCC Loop transported roughly 82,000 passengers across the convention center campus during the event’s duration.
CONEXPO-CON/AGG is one of the largest construction trade shows in North America, drawing more than 140,000 construction professionals from 128 countries this year.
The LVCC Loop forms the initial segment of the broader Vegas Loop network, which remains under active development as The Boring Company continues building new tunnels throughout the city.
News
Tesla gathers Cybercab fleet in Gigafactory Texas
Images and video of the Cybercab fleet were shared by longtime Giga Texas observer Joe Tegtmeyer in posts on social media platform X.
Tesla appears to be assembling a growing number of Cybercabs at Gigafactory Texas as preparations continue for the vehicle’s mass production. Recent footage shared online has shown over 30 Cybercabs being transported by trucks or staged near testing areas at the facility.
The images and video were shared by longtime Giga Texas observer and drone operator Joe Tegtmeyer in posts on social media platform X.
Interestingly enough, Tegtmeyer noted that many of the Cybercabs being loaded onto transport trucks were still equipped with steering wheels. This suggests that the vehicles are likely testing units rather than the final driverless configuration expected for the company’s Robotaxi service.
The vehicles could potentially be headed to testing sites across the United States as Tesla prepares to expand its Robotaxi fleet.
Additional footage captured at Gigafactory Texas also showed the Cybercab’s side and rear camera washer system operating as vehicles were being loaded onto transport trucks.
The growing number of Cybercabs at Giga Texas comes amidst the company’s announcement that the first production Cybercab has been produced at the facility. Full Cybercab production is expected to begin in April.
The vehicle is expected to play a central role in Tesla’s Robotaxi ambitions as the company looks to expand autonomous ride-hailing operations beyond its early deployments using Model Y vehicles.
Tesla has also linked Cybercab production to its proposed Unboxed manufacturing process, which assembles large vehicle modules separately before integrating them. The approach is intended to reduce production costs and accelerate output.
Musk has also noted that the Cybercab’s ramp will likely begin slowly due to the number of new components and manufacturing steps involved. However, he stated that once the process matures, Cybercab production could scale quickly.
SpaceX weighs Nasdaq listing as company explores early index entry: report
The Boring Company’s Prufrock-2 emerges after completing new Vegas Loop tunnel
