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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
SpaceX (SPCX) IPO is live today at $135: Here’s exactly what you need to know
SpaceX priced its historic IPO at $135 per share today, raising a record $75 billion.
SpaceX officially priced its initial public offering at $135 per share, offering 555,555,555 shares of Class A common stock and raising $75 billion in what is the largest IPO in stock market history. Shares are set to begin trading on the Nasdaq Global Select Market on Friday, June 12, under the ticker symbol SPCX. The previous record holder was Saudi Aramco’s 2019 offering at $29 billion, followed by Alibaba’s $22 billion offering in 2014.
At $135 per share and roughly 555.6 million shares, the implied valuation sits near $1.75 trillion, which would make SpaceX roughly the seventh largest company in the United States, just above Tesla’s current market cap. Regular investors can request shares at the IPO price through Robinhood, Fidelity, Charles Schwab, SoFi, and E*TRADE, though the deal is heavily oversubscribed and most retail allocations will be partial or unfilled. Once trading opens June 12, anyone with a brokerage account can buy SPCX on the open market.
SpaceX’s amended S-1 is sparking a major Tesla merger conversation
The valuation is anchored primarily by Starlink. Starlink crossed 10 million subscribers as of February 2026 and is adding 750,000 to 1.5 million new users per month, with the connectivity segment already posting a $1.19 billion profit last quarter. The offering also bundles in xAI following SpaceX’s all-stock merger earlier this year, adding Grok and the Colossus supercomputer to the investment thesis. As Teslarati reported, Starlink ended 2025 with $10 billion in revenue, a figure analysts project could reach $24 billion by end of 2026.
Wedbush analyst Dan Ives has been vocal in his support. “I think the time is right,” Ives said, adding that the offering expands the Elon Musk ecosystem rather than competing with Tesla. An average 12-month price target of $165 per share represents roughly 22% upside from the IPO price. Not everyone agrees – Motley Fool noted xAI is spending $1 billion per month playing catch-up to OpenAI and Anthropic.
Musk founded SpaceX in 2002 with a single stated purpose. “Elon founded SpaceX with a goal to change humanity, to make us a multi-planet species,” CFO Bret Johnsen said in the company’s retail roadshow video this week. Musk himself has been more direct: “We are building the systems and technologies necessary to provide global connectivity on Earth and beyond, to understand the true nature of the universe, and to extend the light of consciousness to the stars.”
Investor's Corner
Tesla unfolded its first European “folding Supercharger”
Tesla’s folding Supercharger just arrived in Europe and it changes how fast charging expands.
Tesla’s Folding Unit Supercharger has officially landed in Europe, with the company teasing a new installation in its effort for a broader rollout targeting major motorway rest stops across the European continent in Q3 2026. The arrival marks a notable shift in how Tesla is thinking about network expansion, moving from hardware performance alone to engineering the logistics chain itself.
While Tesla did not reveal the exact location for the new folding Supercharger in Europe, the photo shared on X heavily suggests that this maybe somewhere in Norway. Historically, whenever Tesla rolls out an entirely new infrastructure architecture in Europe, whether it was the original Supercharger stalls years ago or these brand-new modular V4 “Folding Units”, Norway is almost always the designated launch pad because of its unmatched EV adoption rate and supportive infrastructure
The Folding Unit, introduced in March 2026, is a factory pre-assembled V4 charging station built on an industrial hinge system mounted to a heavy-duty concrete base. The entire assembly arrives on site ready to unfold and connect. Tesla confirmed the units feature telescopic light poles specifically designed for easy transportation and fast on-site deployment, a detail that signals how carefully the logistics chain has been engineered alongside the hardware itself. The design allows 33% more stalls per delivery truck, cuts installation time roughly in half, and reduces overall deployment costs by more than 20% compared to traditional installations.
Tesla’s newest “Folding V4 Superchargers” are key to its most aggressive expansion yet
Tesla also noted telescopic light poles which provide benefits over traditional Supercharger installations that require fixed-height poles that are awkward to ship, slow to position on site, and often require separate crews and equipment to erect before charging hardware can even be staged. By engineering poles that compress for transit and extend on arrival, Tesla has removed one of the quieter bottlenecks in the physical deployment process. Every hour saved on a light pole installation is an hour redirected toward getting stalls energized. At scale, across dozens of new sites per quarter, those hours add up to a meaningful acceleration in how quickly a location goes from approved permit to serving its first customer.
Each Folding Unit pairs a single V4 power cabinet with eight charging posts. The V4 cabinet delivers up to 500 kW per stall for passenger vehicles and up to 1.2 MW for the Tesla Semi, supporting twice the stalls per cabinet at three times the power density of its predecessor. Longer cables make every new station immediately usable by non-Tesla vehicles, a priority as Tesla continues opening its network to Ford, GM, Rivian, Hyundai, Stellantis, and others.
As Teslarati reported when the Folding Unit was first unveiled, Tesla’s Gigafactory New York produced its final V3 Supercharger cabinet in March 2026 after more than seven years and 15,000 units, completing a full pivot to V4 production. The European arrival of the folding design is the next chapter in that transition.
Faster and cheaper deployment means Tesla can justify building in markets and corridors that were previously too expensive to serve, filling the coverage gaps that have slowed EV adoption outside major urban centers.
First Folding Unit Superchargers in Europe 🇪🇺 https://t.co/KNfYWJukkL pic.twitter.com/YR1udIpH1i
— Tesla Charging (@TeslaCharging) June 10, 2026
Tesla has stunned by gaining yet another approval for its Full Self-Driving suite in Europe, its second in two days and its fifth overall.
Belgium will be the latest country to allow Tesla owners to utilize FSD on public roads in Europe, joining a quickly growing list that started with the Netherlands, Lithuania, and Estonia.
On Tuesday, Denmark announced its approval of the FSD suite, which has now been followed by Belgium just one day later.
The country’s Minister of Mobility, Annick De Ridder, announced the approval on her X account, stating that she had just signed the approval of Tesla FSD. It now goes to the country’s homologation department for the last step of the approval process.
De @Tesla community houdt hier al geruime tijd de vinger aan de pols over de toelating voor de FSD-technologie op onze Vlaamse en Belgische wegen.
Uit waardering voor jullie niet-aflatende interesse (en aanmoediging 😉), krijgen jullie hierbij de primeur: ik heb net de toelating… pic.twitter.com/Yrps4OHTj8— Annick De Ridder (@AnnickDeRidder) June 10, 2026
The Belgian approval is one of mighty importance because it truly shows how quickly countries in Europe could greenlight the FSD suite consecutively. Approvals are already coming in relatively quickly, which is a great sign.
Perhaps the next big development that could come from FSD approvals in Europe is an approval from a country like England, Italy, France, Spain, or Germany. It would be something to see how FSD would perform in a major European metro, such as London, Barcelona, Madrid, Paris, Rome, or Berlin.
Getting Full Self-Driving in Spain and England will be such huge milestones for Tesla. I am so excited to see how FSD performs in Madrid, Barcelona, and London, specifically.
The ultimate test will always be Mumbai or New Delhi. Excited for India’s eventual approval! https://t.co/paw9Ch1qmL pic.twitter.com/9RdDERVSSJ
— TESLARATI (@Teslarati) June 9, 2026
Full Self-Driving does an excellent job of roaming around major U.S. cities like New York and Los Angeles, but other high-profile international cities of significance would truly mark a line in the sand for Tesla, which can simply enable any vehicle in its customer-owned fleet to run FSD with the correct approvals.
SpaceX (SPCX) IPO is live today at $135: Here’s exactly what you need to know
Tesla unfolded its first European “folding Supercharger”
