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SpaceX reveals Falcon fairing recovery progress as Mr. Steven barely misses catch
SpaceX has offered an extraordinary glimpse into a stealthy program of Falcon fairing recovery research and development, which has utilized drop tests and iterative hardware and software upgrades to inch ever closer to fairing reuse over the last 6-9 months.
Short of a small handful of sparse comments made by executives in 2018, this is the first time SpaceX has officially acknowledged its continued attempts to optimize Falcon fairing recovery in the face of a number of missed post-launch catches. Given that the pictured fairing was so close to a successful landing that its parafoil actually became caught in Mr. Steven’s net, it seems that SpaceX has nearly solved the problems that have thus far prevented program success.
Recent fairing recovery test with Mr. Steven. So close! pic.twitter.com/DFSCfBnM0Y
— SpaceX (@SpaceX) January 8, 2019
In the last six months of 2018, SpaceX has continued to tease its slow progress towards reusable Falcon fairings, originally planned to depend on a truly bizarre solution – Mr. Steven. An impressive vessel on its own, SpaceX has gradually added and extended and upgraded a range of recovery hardware on his deck, most notably including a vast net (likely tens of thousands of square feet or 2000+ square meters) supported by four huge arms and eight supporting booms. Despite increasing the usable area of the net, SpaceX has been unable to secure an operational fairing catch since it began attempts in March 2018.
In late May 2018, SpaceX provided the best look yet at the actual process of recovering Falcon fairings, showing off the guided parafoil (a wing-like parachute) and revealing that a fairing half – launched in support of Iridium-6/GRACE-FO – had splashed down just 50 meters (~165 ft) away from Mr. Steven’s net.
Falcon 9 fairing halves deployed their parafoils and splashed down in the Pacific Ocean last week after the launch of Iridium-6/GRACE-FO. Closest half was ~50m from SpaceX’s recovery ship, Mr. Steven. https://t.co/JS7d5zTdIg pic.twitter.com/LjiTwnB4wd
— SpaceX (@SpaceX) May 31, 2018
However, in the months that followed, info about catch attempts became increasingly sparse and it eventually became clear that SpaceX was preparing to perform a range of controlled drop tests a few hundred miles off the coast of California. Ultimately, the company’s engineers and technicians hoped to use the controlled environment and a greater number of available drop/catch attempts to refine the hardware and software needed to finesse fairing halves into Mr. Steven’s net.
It may be almost absurdly large relative to any other conceivable thing that exists in the real world, but a few thousand square meters is actually more like a needle in a haystack for a piece of rocket traversing a 500-800 km arc at top speeds of more than 2 km/s.
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- Mr. Steven seen after his most recent December 2018 drop and catch test. (Pauline Acalin)
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- After an audible “3..2..1”, a sharp noise much like compressed gas being released was followed by a clang as the harness dropped. (Pauline Acalin)
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- SpaceX’s fairing recovery fleet technicians were seen performing a bit of an unexpected ride aboard a Falcon 9 fairing half on September 19th. (Pauline Acalin)
In December 2018, following another sadly unsuccessful fairing recovery attempt on the West Coast, SpaceX CEO Elon Musk revealed that engineers were also apparently looking into backup plans in case closing that last 50-meter gap turned out to be more expensive or complicated than it was worth. Most notably, he implied that SpaceX was interested in finding ways to waterproof and ultimately refly Falcon fairings even after soft-landings in seawater, whereas fairings are already capable of reliably landing intact in the ocean but cannot be reused due to seawater contamination and cracking caused by impact.
Falcon fairing halves missed the net, but touched down softly in the water. Mr Steven is picking them up. Plan is to dry them out & launch again. Nothing wrong with a little swim.
— Elon Musk (@elonmusk) December 3, 2018
Given just how close Mr. Steven appears to be to a successful in-net fairing recovery, it now seems implausible that SpaceX will choose just one of the two options at hand, likely instead progressing both development programs to points of success. Once fairings can both be successfully waterproofed and caught in Mr. Steven’s net, SpaceX will almost certainly have itself a foolproof solution to easy and reliable recovery and reuse even in bad sea states and stormy weather.
With the company’s first launch of 2019 probably just a few days away, chances seem good that SpaceX will attempt at least one more post-launch fairing recovery with Mr. Steven. Fingers crossed!
For prompt updates, on-the-ground perspectives, and unique glimpses of SpaceX’s rocket recovery fleet check out our brand new LaunchPad and LandingZone newsletters!
Tesla stock (NASDAQ: TSLA) closed at an all-time high on Tuesday, jumping over 3 percent during the day and finishing at $489.88.
The price beats the previous record close, which was $479.86.
Shares have had a crazy year, dipping more than 40 percent from the start of the year. The stock then started to recover once again around late April, when its price started to climb back up from the low $200 level.
This week, Tesla started to climb toward its highest levels ever, as it was revealed on Sunday that the company was testing driverless Robotaxis in Austin. The spike in value pushed the company’s valuation to $1.63 trillion.
Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing
It is the seventh-most valuable company on the market currently, trailing Nvidia, Apple, Alphabet (Google), Microsoft, Amazon, and Meta.
Shares closed up $14.57 today, up over 3 percent.
The stock has gone through a lot this year, as previously mentioned. Shares tumbled in Q1 due to CEO Elon Musk’s involvement with the Department of Government Efficiency (DOGE), which pulled his attention away from his companies and left a major overhang on their valuations.
However, things started to rebound halfway through the year, and as the government started to phase out the $7,500 tax credit, demand spiked as consumers tried to take advantage of it.
Q3 deliveries were the highest in company history, and Tesla responded to the loss of the tax credit with the launch of the Model 3 and Model Y Standard.
Additionally, analysts have announced high expectations this week for the company on Wall Street as Robotaxi continues to be the focus. With autonomy within Tesla’s sights, things are moving in the direction of Robotaxi being a major catalyst for growth on the Street in the coming year.
Elon Musk
Tesla needs to come through on this one Robotaxi metric, analyst says
“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”
Tesla needs to come through on this one Robotaxi metric, Mark Delaney of Goldman Sachs says.
Tesla is in the process of rolling out its Robotaxi platform to areas outside of Austin and the California Bay Area. It has plans to launch in five additional cities, including Houston, Dallas, Miami, Las Vegas, and Phoenix.
However, the company’s expansion is not what the focus needs to be, according to Delaney. It’s the speed of deployment.
The analyst said:
“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”
Profitability will come as the Robotaxi fleet expands. Making that money will be dependent on when Tesla can initiate rides in more areas, giving more customers access to the program.
There are some additional things that the company needs to make happen ahead of the major Robotaxi expansion, one of those things is launching driverless rides in Austin, the first city in which it launched the program.
This week, Tesla started testing driverless Robotaxi rides in Austin, as two different Model Y units were spotted with no occupants, a huge step in the company’s plans for the ride-sharing platform.
Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing
CEO Elon Musk has been hoping to remove Safety Monitors from Robotaxis in Austin for several months, first mentioning the plan to have them out by the end of 2025 in September. He confirmed on Sunday that Tesla had officially removed vehicle occupants and started testing truly unsupervised rides.
Although Safety Monitors in Austin have been sitting in the passenger’s seat, they have still had the ability to override things in case of an emergency. After all, the ultimate goal was safety and avoiding any accidents or injuries.
Goldman Sachs reiterated its ‘Neutral’ rating and its $400 price target. Delaney said, “Tesla is making progress with its autonomous technology,” and recent developments make it evident that this is true.
Investor's Corner
Tesla gets bold Robotaxi prediction from Wall Street firm
Last week, Andrew Percoco took over Tesla analysis for Morgan Stanley from Adam Jonas, who covered the stock for years. Percoco seems to be less optimistic and bullish on Tesla shares, while still being fair and balanced in his analysis.
Tesla (NASDAQ: TSLA) received a bold Robotaxi prediction from Morgan Stanley, which anticipates a dramatic increase in the size of the company’s autonomous ride-hailing suite in the coming years.
Last week, Andrew Percoco took over Tesla analysis for Morgan Stanley from Adam Jonas, who covered the stock for years. Percoco seems to be less optimistic and bullish on Tesla shares, while still being fair and balanced in his analysis.
Percoco dug into the Robotaxi fleet and its expansion in the coming years in his latest note, released on Tuesday. The firm expects Tesla to increase the Robotaxi fleet size to 1,000 vehicles in 2026. However, that’s small-scale compared to what they expect from Tesla in a decade.
Tesla expands Robotaxi app access once again, this time on a global scale
By 2035, Morgan Stanley believes there will be one million Robotaxis on the road across multiple cities, a major jump and a considerable fleet size. We assume this means the fleet of vehicles Tesla will operate internally, and not including passenger-owned vehicles that could be added through software updates.
He also listed three specific catalysts that investors should pay attention to, as these will represent the company being on track to achieve its Robotaxi dreams:
- Opening Robotaxi to the public without a Safety Monitor. Timing is unclear, but it appears that Tesla is getting closer by the day.
- Improvement in safety metrics without the Safety Monitor. Tesla’s ability to improve its safety metrics as it scales miles driven without the Safety Monitor is imperative as it looks to scale in new states and cities in 2026.
- Cybercab start of production, targeted for April 2026. Tesla’s Cybercab is a purpose-built vehicle (no steering wheel or pedals, only two seats) that is expected to be produced through its state-of-the-art unboxed manufacturing process, offering further cost reductions and thus accelerating adoption over time.
Robotaxi stands to be one of Tesla’s most significant revenue contributors, especially as the company plans to continue expanding its ride-hailing service across the world in the coming years.
Its current deployment strategy is controlled and conservative to avoid any drastic and potentially program-ruining incidents.
So far, the program, which is active in Austin and the California Bay Area, has been widely successful.
Tesla stock closes at all-time high on heels of Robotaxi progress
Tesla needs to come through on this one Robotaxi metric, analyst says
