SpaceX
SpaceX Falcon Heavy just nailed a triple rocket landing for the first time
SpaceX has pulled off an incredible feat, successfully recovering all three of Falcon Heavy’s Block 5 boosters shortly after the rocket’s commercial launch debut. Followed about two minutes later by the center core’s bullseye drone ship landing, both side boosters once again performed a near-simultaneous recovery at SpaceX’s Cape Canaveral Landing Zones.
With this flawless triple recovery in hand, SpaceX now has plans to reuse both side boosters as early as June 2019, while the center core will likely support critical reusability analysis and may also launch again in the near future. Above all else, Falcon Heavy Flight 2 has demonstrated that SpaceX’s super heavy lift rocket is truly ready to offer routine commercial services for customers – both public and private – around the world. With a combination of reusability, affordability, and performance unlikely to be matched for a minimum of 2+ years, SpaceX and its Falcon Heavy rocket have the opportunity to create an entirely new market in the coming years.
Completed less than 35 minutes after launch, this mission included a wealth of major events and firsts, including the first launch of Falcon Heavy Block 5, the first successful triple booster recovery, and one of the highest orbital apogees yet seen during a SpaceX mission – >90,000 km (55,500 mi) above Earth.
The huge Arabsat 6A satellite – weighing around 6450 kg (14,200 lb) is not quite the heaviest individual spacecraft SpaceX has launched, but it is by far the highest energy orbit SpaceX has reached with a spacecraft anywhere close to its size. Known as a 
Around seven and a half minutes after launch, Falcon Heavy side boosters B1052 and B1053 nailed a flawless simultaneous landing at SpaceX’s Cape Canaveral-based Landing Zones (LZ-1 & LZ-2). Less than three minutes later, center core B1055 hit the bullseye on drone ship
With three once-flown Block 5 boosters now in hand, SpaceX will attempt to turn around both side boosters – basically just Falcon 9 first stages with nose cones – for Falcon Heavy’s third launch, potentially as early as June 2019. Meanwhile, the center core will complete another 1000 km journey, this time back to the Florida coast before likely shipping to Hawthorne, California or a local hangar for analysis. Falcon Heavy’s center core, as is fairly visible, is dramatically different from the Falcon 9 boosters SpaceX is used to reusing, including a range of connection hardware that is absolutely flight-critical and protrudes rather aggressively into the rocket’s often-violent airstream.
In other words, Falcon Heavy center cores could get far more toasty than Falcon 9 or even their side booster companions, potentially damaging hardware that simply has to be perfect for Heavy launches to succeed and do so reliably. As such, SpaceX will likely be expecting to learn a fair bit of new information and gather critical data in the hopes of eventually optimizing Falcon Heavy center core refurbishment and reuse to Falcon 9’s current level of finesse.
SpaceX’s spectacular Arabsat 6A webcast can be watched in full below.
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Elon Musk
SpaceX’s newest logo confirms everything about what it’s become
SpaceX officially absorbed xAI under the SpaceXAI brand, completing the largest private merger in history.
SpaceX made its corporate transformation official in May 2026 when Elon Musk posted on X that xAI would cease to exist as a standalone company. “xAI will be dissolved as a separate company, so it will just be SpaceXAI, the AI products from SpaceX,” he wrote.
A new SpaceXAI logo was announced today, visually embedding the xAI letters inside the SpaceX identity, which can be seen as a deliberate design choice that signals the merger is not a partnership but a full absorption and XAi a core function of the same company. The same way Starlink is not a separate brand but a SpaceX product. The announcement closed the loop on a process that began February 2, 2026, when SpaceX acquired xAI in the largest private merger in history, valued at $1.25 trillion. SpaceX at $1 trillion and xAI at $250 billion.
We are now @SpaceXAI. pic.twitter.com/ema66xDWC9
— SpaceXAI (@SpaceXAI) July 6, 2026
The reason SpaceX bought xAI was stated plainly by Musk at the time of the deal: to build orbital data centers. SpaceX had simultaneously filed with the FCC to launch up to one million satellites designed to function as AI compute nodes in low Earth orbit, escaping what Musk described as the energy constraints limiting AI development on Earth.
xAI provided the AI software stack, with Grok, the X platform, and the Colossus supercomputer infrastructure in Memphis with over 220,000 NVIDIA GPUs, while SpaceX provided the rockets, Starlink, and the capital base to fund it. The two companies needed each other. xAI was burning $2.5 billion in losses on $250 million in revenue. SpaceX was generating an estimated $8 billion in profit on $15 billion in revenue and needed an AI narrative to command the valuation it was targeting for its IPO.
What SpaceX has done, regardless of how the orbital AI vision ultimately plays out, is walk into a public market as something no company has been before: a rocket manufacturer, satellite internet provider, AI software company, social media platform, and supercomputer operator under one ticker. Whether that combination is worth $2 trillion depends entirely on which of those businesses you believe in most.
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.”
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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.
For years, there have been images and videos across social media platforms that have reminded me of when I was a 15-year-old kid teased by “Xbox 720” videos on YouTube. These videos are of the supposed “Tesla Phone” that Elon Musk was secretly developing in between leading Tesla with its electric cars and SpaceX with its reusable rockets.
Would you buy a Tesla phone ? pic.twitter.com/aaTwvvIJit
— Tesla Owners Silicon Valley (@teslaownersSV) October 6, 2023
Although Musk has put those rumors to bed several times, it was never completely out of the realm that he could get involved in cell phones in some capacity. Think outside the box and more macro-level, though. Instead of reinventing the computer, Musk reinvented connectivity by developing Starlink with SpaceX.
It could be something similar, TD Cowen analyst Gregory Williams said in a note last week, where he hinted SpaceX could be gathering some steam to acquire T-Mobile.
Williams said it would be the “clear choice” for SpaceX if it decided to go through with a network acquisition. He also suggested AT&T.
The move would be possible through selling more of its own stock, which would help SpaceX raise the money to purchase T-Mobile, which would cost roughly $300 billion. It could be one of the moves SpaceX makes post-IPO in terms of an acquisition: it already acquired Cursor AI for $60 billion.
Other analysts, like Dan Ives of Wedbush, believe SpaceX and Tesla will eventually merge into one anyway, and that conglomeration could come as soon as this year, some have said.
The implications of SpaceX purchasing T-Mobile are massive. A combined entity would create a truly ubiquitous network: T-Mobile’s terrestrial 5G towers and Starlink’s growing constellation of Direct-to-Cell satellites. This would essentially eliminate dead zones across the U.S. and potentially globally.
SpaceX would instantly become a full-scale facilities-based carrier with satellite differentiation; a huge advantage. This would pressure AT&T and Verizon heavily.
There are also concerns like a potential reduction in long-term competition, and of course, a deal of that size would face intense scrutiny from government agencies.
The strategic fit is compelling due to the existing Starlink–T-Mobile partnership and complementary technologies (space + terrestrial). It could create a dominant integrated communications player. However, the regulatory, financial, and execution hurdles are enormous — this remains highly speculative with no indication SpaceX is actively pursuing it right now.
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