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SpaceX stuns with two simultaneous rocket landings, Musk’s Tesla heads to Mars

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In a jaw-dropping tour de force, SpaceX has successfully completed the vast majority of Falcon Heavy’s inaugural test launch. In short, the massive rocket soared through the riskiest components of its first flight with apparent ease, placing its Tesla Roadster payload into a parking orbit around Earth and landing at least two (if not all three) of its first stage boosters.

After lifting off the pad atop a fireball the likes of which Kennedy Space Center has not seen for the better part of a decade, Falcon Heavy smashed through Max-Q (peak atmospheric pressure), saw its side boosters separate perfectly, and finally sent the second stage and Tesla on its way to orbit as all three first stages began to return to land (and sea). Nearly flawless live coverage gave a million or more viewers an extraordinary ride alongside the rockets, with simultaneous views provided of all three booster recoveries, as well as the second stage’s journey to orbit.

Ultimately, the booster stages of Falcon Heavy flew back to Cape Canaveral just like any other “routine” Falcon 9 recovery, albeit with a synchronization so perfect that it looked exactly as if SpaceX had simply duplicated the live feed from one booster. After several minutes of burns and coasts, the booster returned to Earth almost simultaneously at Landing Zones 1 and 2 (LZ-1/LZ-2) in a spectacle without precedent. It’s best that I let the livestream speak for itself through screen captures – it must be witnessed to fully appreciate how incredible it was.

BEHIND THE SCENES: SpaceX Falcon Heavy’s breathtaking leap towards Mars in photos

In the background of the livestream was a near-constant stream of cheers from hundreds (probably thousands) of SpaceX’s Hawthorne factory employees, and the sheer excitement conveyed by the livestream’s hosts and SpaceXer audience was quite literally contagious – I know I was certainly grinning uncontrollably for a solid half an hour. While it is not yet clear if the center booster survived its own recovery attempt, SpaceX (or Elon Musk) will certainly provide an update as soon as possible as to its status. Fingers crossed that it managed to survive its landing aboard the autonomous spaceport drone ship (ASDS) Of Course I Still Love You (OCISLY).

 

In the meantime, Falcon Heavy’s second stage is set to perform several orbit boosting maneuvers as it circles the Earth, eventually pushing its Roadster and Starman payload beyond Earth orbit and on its way into deep space. While it won’t end up orbiting Mars, the heliocentric (sun) orbit it will be placed in is intended to pass very close to Mars at certain points. Stay tuned as SpaceX releases additional information on the state of the center booster and the upper stage’s progress towards deep space.

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SpaceX employees went wild after the incredibly successful mission. (SpaceX)

Follow along live as launch photographer Tom Cross and I cover these exciting proceedings as close to live as possible.

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Tom CrossInstagram

Eric Ralph Twitter

 

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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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Investor's Corner

SpaceX gets an absolutely crazy price target after rough IPO

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Credit: SpaceX

SpaceX (NASDAQ: SPCX) got an absolutely crazy price target rating from Raymond James after the company experienced a tough first few weeks following its Initial Public Offering (IPO).

Despite the tumultuous start, SpaceX has plenty of believers, and the company’s massively successful Starship launch last Friday, its 13th test flight of the massive rocket, went so smoothly that Raymond James analysts pushed its price target on the company to roughly 7 times its current trading level.

SpaceX Starship just nailed something it’s never done before

The firm officially put a “Strong Buy” rating and an $800 price target on the stock. It currently trades at around $113. Its all-time high is $225.64, reaching this trading level shortly after shares first went public.

Raymond James’ price target is tied to the firm’s confidence after Starship’s 13th test flight. Analysts at the firm said it was an incremental step that reduces engineering risks, citing the widely successful heat shield test that CEO Elon Musk recently detailed, the smooth deployment of Starlink V3 satellites, and a successful in-space engine relight.

SpaceX also managed to see Starship splash down safely in the Indian Ocean, while the Super Heavy Booster fell down to the Gulf of America with no incidents.

It is interesting to see these launches have such a tremendous impact on the stock and what investors think of it. After SpaceX initially delayed the Starship launch last week, shares fell tremendously. Most probably did not realize that the stand-down is a standard practice, especially if everything is not perfect.

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The mission was initially aborted due to an issue with Raptor engines. This was resolved, and Starship launched last Friday after another delay on Thursday, which was caused by weather.

Now that analysts have seen what SpaceX launches are capable of and how impressive the feat is, firms are adjusting their price targets accordingly, making it known that they have high expectations for the space exploration company.

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Elon Musk

Elon Musk responds to Volvo’s latest LiDAR decision

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(Credit: Tesla)

Tesla CEO Elon Musk has responded to reports that Volvo is officially discontinuing the LiDAR sensor on two of its cars.

Volvo announced that it would officially scrap LiDAR systems on its EX90 and ES90 vehicles in various markets. In Norway, owners will get a €1,800 compensation for features that will never arrive due to this decision. There will be no option to remove the unit from vehicles, either.

The issue stems from Volvo’s supplier, Luminar, and its bankruptcy filing. Luminar will no longer be able to supply LiDAR units to Volvo for the EX90 and ES90, effectively axing any use the unit has on vehicles. Volvo will phase out the data collection processes via the LiDAR system, and it will not be utilized whatsoever.

Musk saw the story on X and responded, stating:

“I did try to warn them. Humans drive using neural nets and optical sensors. Same is true for robot cars.”

Musk has been publicly vocal about his disdain for LiDAR systems, once calling them “a fool’s errand,” as he has consistently kept the outlook that they are not needed for effective self-driving.

The typical example used as evidence for this by Musk is humans themselves: made with only eyes and memories, humans are capable of navigating a car by using what they can see and what they’ve personally experienced on the road.

Elon Musk argues lidar and radar make self driving cars more dangerous

“Same is true for robot cars,” Musk says, as Teslas have eight exterior cameras that help see everything surrounding the vehicle, and a neural network that analyzes behavior and tendencies with every mile driven.

Tesla is a vision-only self-driving company that ditched sensors and radar several years ago in favor of cameras. Behind this effort, the company has established a reputation for having one of the most robust self-driving platforms in the world.

Musk’s big bet with Tesla on its self-driving program’s strategy has widely paid off. Other companies continue to utilize things like LiDAR, radar, and sensors for effective self-driving, but Tesla has shown that there is more than one way to give consumers a strong and accurate driver assistance suite.

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The real question is: who will be the first company to take Musk’s advice and attempt a self-driving platform based on cameras only, or even license FSD for themselves?

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Tesla Summer Update begins rolling out: a look at the new features

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Credit: Tesla

Tesla has started to deploy the 2026 Summer Update to owners across its fleet, and among the biggest changes are improvements to Navigation, a new startup animation for the Model 3 and Model Y, Caraoke scoring, and new capabilities for Grok.

As the update has started making its way to some cars, we can now see a few of the features operating in real-time. We will show you what some of the new features look like in this article, along with some additional details on what changed.

Not all of the new features in the 2026 Summer Update have quite made an appearance, but some of them have, so we’ll show those here:

New Animation Screen for 3/Y

Tesla is rolling out a new startup animation for Tesla Model 3 and Model Y owners. This is present in Launch Edition and Performance Model 3 and Model Y, but other trim levels do not have anything like this.

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Owners can adjust the color associated with the startup animation to suit their preferences. It is a surprise that more automakers do not focus on this animation for their vehicles; it can be a great first impression piece and make the car immediately feel more luxurious.

Tesla has included this on more premium trims, but it is nice to see it on the Model 3 and Model Y.

Grok Improvements

Grok can now adjust more things in the car outside of the Navigation system. Now, drivers can adjust anything from climate to driving settings by simply speaking to the AI assistant in the car:

You don’t even have to push a button, either. Instead, you can just say “Hey, Grok,” if you have it enabled. That feature rolled out with the 2026 Spring Update just a few months back.

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This is a great feature, especially pertinent for the Robotaxi platform, as there will be no buttons inside the Cybercab when it eventually starts giving rides to the public. It also broadens Grok’s capabilities, which were relatively limited in terms of vehicle setting adjustments beforehand.

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