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SpaceX Falcon rocket aces 100th consecutive rocket landing
SpaceX has successfully launched its first batch of next-generation Starlink V2 satellites, likely kicking off a new era of affordability for the constellation.
Simultaneously, demonstrating just how far SpaceX is ahead of its competitors and the rest of the spacefaring world, the Starlink 6-1 launch culminated in the 100th consecutively successful landing of a Falcon rocket booster. As a result, SpaceX’s landing reliability now rivals the launch reliability of some of the most reliable rockets ever flown. That extraordinary feat bodes well for SpaceX’s next-generation Starship rocket, which is designed to propulsively land humans on the Earth, Moon, Mars, and beyond.
The update that's rolling out to the fleet makes full use of the front and rear steering travel to minimize turning circle. In this case a reduction of 1.6 feet just over the air— Wes (@wmorrill3) April 16, 2024
SpaceX’s landing reliability milestone is made all the more impressive by the lack of immediate competition. More than seven years after SpaceX’s first successful Falcon 9 booster landing and six years after the company’s first successful Falcon booster reuse, Falcon 9 and Falcon Heavy are still the only reusable orbital-class rockets in operation.
Blue Origin has had some success reusing the first stage of its suborbital New Shepard rocket. Rocket Lab has also recovered small Electron rocket boosters from the ocean, but it’s yet to catch a booster with a helicopter – a necessity for cost-effective reuse. Many other companies have announced or begun developing their own partially or fully-reusable rockets. But even in a best-case scenario, the most promising of those potentially competitive rockets are still a year or two from their first launch attempts, let alone their first successful recoveries and reuses.
SpaceX debuted the Falcon 9 rocket behind most of its successful booster recoveries and reuses in June 2010. SpaceX recovered a Falcon 9 booster for the first time in December 2015 and reused a (different) booster for the first time in March 2017. It completed nearly all of that risky development work during launches for paying customers.
Even after the first success, many unsuccessful landing attempts followed as SpaceX pushed the performance envelope and discovered new failure modes. Falcon’s most recent landing failure occurred during a Starlink launch in February 2021 and was caused by a hole in a flexible ‘skirt’ meant to keep Earth’s superheated atmosphere out of the flight-proven booster’s engine section.
However, every landing since Falcon 9’s Starlink-19 landing failure has been successful. On February 27th, 2023, almost exactly two years after that failure, Falcon 9 booster B1076 touched down on one of SpaceX’s three drone ships, marking the rocket family’s 100th consecutively successful landing. Starlink 6-1 was also the Falcon family’s 183rd consecutively successful launch, as a Falcon landing failure has never prevented the completion of a mission’s primary objective.
Launch-wise, Falcon 9 and the Falcon family have already become the most statistically reliable rockets in history. Very few rockets in history have managed 100 consecutively successful launches, let alone landings. For example, according to spaceflight reporter Alejandro Romera, the next most reliable American rocket – the McDonnell Douglas Delta II – narrowly achieved 100 consecutively successful launches before its retirement in 2018. The landing reliability of SpaceX’s Falcon rockets is thus tied with the launch reliability of the most reliable American rocket not built by SpaceX.
Additionally, SpaceX Falcon booster landings are now statistically more reliable than the launches of United Launch Alliance’s much-touted Atlas V rocket, which has (more or less) successfully launched 97 times.
Falcon’s landing reliability is an encouraging sign for SpaceX’s next-generation Starship rocket. For Starship to fully achieve SpaceX’s goals, it will eventually need to be able to propulsively land humans on Earth and at other destinations throughout the solar system. SpaceX currently has no plans no plans to develop an independent crew escape system for Starship, meaning that the rocket itself will instead have to demonstrate extraordinary overall reliability. SpaceX executives have stated that Starship will only be deemed safe enough to launch humans once it has completed “hundreds” of successful launches and, presumably, landings.
Falcon has managed 100 successful landings in a row despite large gaps in redundancy. Most landing burns are conducted with a single Merlin 1D engine. Any issue with that engine would likely result in a failed landing. Falcon boosters also have four landing legs and four grid fins powered by a single hydraulic pump. The failure of that pump or one of four legs have demonstrably doomed earlier landings.
Starship’s much larger size and excess performance could provide a larger margin for error and allow for more redundancy. But Falcon has demonstrated that that even a rocket with multiple glaring single-points-of-failure can achieve 100 consecutively successful landings.
Elon Musk has firmly denied recent media reports suggesting that SpaceX has reduced its target valuation for an upcoming initial public offering.
The denial came directly from the SpaceX and Tesla frontman on his social media platform X, where he responded with a single word, “False,” to a post from ZeroHedge that cited Bloomberg sources.
This swift rebuttal underscores Musk’s ongoing effort to manage speculation surrounding one of the most anticipated market debuts in recent history.
False
— Elon Musk (@elonmusk) May 29, 2026
According to the disputed reports, SpaceX had lowered its IPO valuation goal to at least $1.8 trillion from previous ambitions exceeding $2 trillion.
The claims emerged amid growing anticipation for the company’s confidential S-1 filing, which positions it for a potential public listing as early as June.
Some had pointed to strong revenue growth, particularly from the Starlink satellite internet service, which contributed heavily to the firm’s 2025 figures of $18.7 billion. Yet challenges persist in other areas, including substantial investments and losses tied to ambitious projects like Starship development and artificial intelligence initiatives, which plan to make life multiplanetary eventually.
Musk’s response highlights a pattern in which he actively counters what he views as inaccurate portrayals of his companies’ trajectories.
SpaceX, already valued privately at extraordinary levels, stands as a cornerstone of Musk’s empire alongside Tesla and xAI. The entrepreneur has long emphasized the transformative potential of reusable rockets and global broadband access, factors that fuel investor enthusiasm despite operational hurdles.
By rejecting the valuation downgrade narrative, Musk signals confidence in SpaceX’s fundamentals and its readiness for public markets on terms favorable to its long-term vision. People have been waiting a very long time to invest in SpaceX, and the valuation, as well as the introductory share price, is not going to need adjusting.
They’ll have plenty of suitors.
This episode reflects broader dynamics in the technology sector, where rumors often swirl around high-profile entities. Musk’s direct engagement with media narratives serves to maintain transparency and control the narrative around his ventures.
As SpaceX prepares for greater scrutiny in public markets, the founder’s denial reinforces optimism about its prospects. Supporters argue that the company’s innovative edge positions it for enduring success, far beyond short-term valuation debates. With the denial now public, attention turns to forthcoming regulatory filings that could provide clearer insights into SpaceX’s strategy and financial health.
The coming weeks promise to reveal more about how SpaceX will transition into a publicly traded powerhouse.
Tesla’s dreams of operating a fully autonomous ride-hailing platform just took a massive step toward reality, as two separate events have indicated the company is perhaps closer than ever to achieving self-driving as a product.
On Thursday, Tesla was granted authorization by the State of Texas to operate driverless vehicles in a commercial manner. On May 28, Senate Bill 2807, passed by the 89th Texas Legislature, took effect after being passed back on September 1, 2025.
The bill establishes a statewide regulatory framework requiring authorization from the Texas Department of Motor Vehicles for companies to operate automated vehicles commercially on Texas roads.
This covers driverless, or SAE Level 4+, operations for passenger transport, meaning Robotaxi, or freight.
Tesla and other companies can self-certify their vehicles and tech as long as they:
- Operate in compliance with Texas traffic laws
- Maintain proper registration, title, and insurance
- Use compliant automated driving systems
- Record onboard activity and handle system failures and glitches safely.
The new authorization, which was first reported by James Stephenson on X, allows companies to utilize their own processes to determine if their vehicles are ready to operate without drivers.
🚨BREAKING:
Tesla has been authorized by the State of Texas to operate driverless vehicles commercially under the new law that took effect today, May 28th, 2026. Tesla has officially self-certified the software running on its robotaxis as Level 4. $TSLA pic.twitter.com/KSJdsvlaW5— James Stephenson (@ICannot_Enough) May 28, 2026
It is a rule that expedites the entire approval process, keeping agencies out of a usually long, lengthy, and frustrating task that is essential to technological advancements. It essentially means Tesla can launch commercial Robotaxi operations at this point.
On the very same day, Tesla continued the momentum as CEO Elon Musk shared a video of Cybercab units autonomously driving off the property at Gigafactory Texas. This is a major step in the story of the Cybercab.
Mass production of the Cybercab started at Giga Texas in April, and it is already heading out of the factory on its own.
Cybercab driving itself out of the GigaTexas factory pic.twitter.com/EwAMVVDjYy
— Elon Musk (@elonmusk) May 28, 2026
These two major events mark a drastic step forward in Tesla’s progress toward Cybercab and the permissions it needs to operate a self-driving ride-hailing service. Tesla is now able to operate autonomously under Texas law by self-certifying, and with the potentially imminent rollout of Cybercab, Tesla’s autonomous dreams are starting to take serious shape.
Elon Musk
The Tesla and SpaceX merger everyone is talking about is quietly building
Tesla and SpaceX may be closer to merging than Wall Street or either company is admitting.
Elon Musk has reportedly discussed merging Tesla and SpaceX with people close to him, according to CNBC, which cited sources familiar with the conversation. Tesla employees have long expected such a transaction and the topic is openly discussed internally, according to internal sources. With SpaceX is days away from kicking off its Wall Street roadshow for what could be the largest IPO in market history, this would be the first time the company will have public market currency to execute a stock-for-stock deal with Tesla.
The financial logic for a merger would make sense. A combined SpaceX and Tesla would create a conglomerate spanning rockets, satellites, electric vehicles, AI infrastructure, and energy storage valued at roughly $3.35 trillion to $3.6 trillion based on SpaceX’s IPO target range and Tesla’s current market capitalization. The two companies are already more intertwined than most people realize. SpaceX bought $697 million worth of Tesla Megapack systems for xAI data centers and $131 million worth of Cybertrucks. Tesla invested $2 billion in xAI, which subsequently merged with SpaceX. Past transactions also include Tesla selling solar equipment and parts to SpaceX, and SpaceX helping with Cybertruck materials.
Will Tesla join the fold? Predicting a triple merger with SpaceX and xAI
Musk himself signaled where this was heading in November 2025 when he posted on X, “My companies are, surprisingly in some ways, trending towards convergence.” Tesla and SpaceX announced a joint semiconductor fabrication facility in Austin called Terafab on the Gigafactory Texas campus, covering two advanced chip factories, with one serving Tesla’s AI needs for vehicles and Optimus robots, the other targeting space-based data centers under SpaceX’s infrastructure vision.
Wedbush analyst Dan Ives places the probability of a merger at 80% to 90% with a target completion in the first half of 2027. The mechanics of a deal became possible the moment SpaceX filed its S-1. Legal experts said a merger likely would not spark antitrust issues but would raise concerns among shareholders in each company, with questions around which company would be the parent, how a stock swap would take place, and who determines the appropriate price. Musk holds about 20% of Tesla’s equity but controls 85.1% of SpaceX’s voting power through a super-voting share class, meaning he would largely be negotiating the terms with himself.
Not everyone is convinced the timing is imminent. Traders on Kalshi place only 33% odds that a merger will happen before May 2027. The more immediate concern for Tesla shareholders is whether the SpaceX IPO pulls capital and Musk’s attention away from Tesla before any merger consolidates the upside for both.
What is clear is that the structural groundwork is already being laid. The Terafab announcement, the xAI merger, the shared supply chain, the cross-company balance sheet transactions, and now the IPO all point in the same direction. Whether the merger follows in 2027 or later, the two companies are already operating more like divisions of a single entity than independent competitors.
Elon Musk strikes down reports on SpaceX IPO rumors
Tesla’s Robotaxi dreams just took a massive step toward reality
