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SpaceX wraps up a decade of reusable rocketry with fastest booster recovery yet
SpaceX has completed its 13th and final launch and landing of the year and decade, marked by a Falcon 9 booster’s successful return to Port Canaveral and subsequent processing to prepare it for another orbital-class mission.
Over the course of that recovery, SpaceX broke the record for the fastest Falcon 9 processing by several hours, a small but significant step towards the company’s ultimate goal of launching and landing the same Falcon 9 booster in less than 24 hours. Additionally, SpaceX appears to have finished processing booster B1056 on December 21st, the 4th anniversary of Falcon 9’s first successful landing after an orbital-class launch.
Since that first success on December 21st, 2015, SpaceX has rapidly moved through several distinct iterations of Falcon hardware, constantly improving components, systems, and the overall fit, finish, and reliability of the rocket. Over the last four years, SpaceX has landed an incredible 47 Falcon 9 and Falcon Heavy boosters as part of 60 orbital-class launches, while the company recently launched Falcon 9 B1048 for the fourth time and flew the same two Falcon Heavy boosters in April and June. Ultimately, 2019 has been a spectacularly successful year for SpaceX, and – by the numbers – 2020 is set to be several times more ambitious, still.
On December 20th, less than a day after arriving in Port Canaveral, SpaceX technicians began the process of retracting Falcon 9 booster B1056’s four deployed landing legs. As it turns out, B1056 – returning to port for the second time after its third launch – became the first Falcon 9 booster to have all of its landing legs successfully (and semi-permanently) retracted in May 2019. To accomplish the feat, SpaceX designed a custom retraction mechanism that simultaneously serves as the crane jig used to lift the booster while vertical.
“The crux of the need for a relatively complex crane-and-jig method of leg retraction rests on SpaceX’s landing leg design. Put simply, after rapidly deploying with a combination of gravity and hydraulics, Falcon 9 landing legs have no built-in way to return to their stowed state. Each of the four legs are quite large, weighing around 600 kg (1300 lb) and stretching about 10m (33 ft) from hinge to tip. They use an intricate telescoping carbon fiber deployment mechanism to give them legs enough strength to stand up to the stresses of Falcon 9 booster landings.
Combined, the legs’ size and telescoping mechanism makes the addition of an onboard retraction mechanism impractical. All the needed hardware would struggle to find a good place for installation and would quite literally be dead weight during launches and landings, stealing from Falcon 9/Heavy payload capacity and generally serving no purpose until a booster has been lifted off the ground with a giant crane.”
Teslarati — May 7th, 2019
Impressively, SpaceX took less than an hour and a half to successfully retract all four of thrice-flown Falcon 9 B1056’s also thrice-flown landing legs. Less than three hours after the rocket’s legs were snugly retracted, SpaceX immediately attached a second crane and brought the booster horizontal. Altogether, this made Falcon 9 B1056’s third recovery the fastest SpaceX has ever performed by 3-6 hours – seemingly small progress but still no mean feat.
SpaceX’s fastest-ever Falcon 9 recovery – from the drone ship berthing to the booster departing the port on a transporter – occurred with B1049 after its third launch and landing, taking just 2.01 days (48.25 hours). Falcon 9 B1056’s third recovery appears to have beaten that record by at least several hours, brought horizontal and installed on a SpaceX transporter perhaps less than 1.75 days (42 hours) after arriving in port – more than 10% faster than B1049’s previous record.
Meanwhile, SpaceX lifted a fairing half recovered off the surface of the Atlantic Ocean by GO Ms. Tree, appearing unharmed after having potentially been dropped when the ship’s secondary (fairing) fishing net tore while moving the Falcon 9 hardware.
With any luck, that fairing half will be in good enough shape to be reused on a future Starlink mission, seemingly unlikely but proven to be well within the realm of possibility after SpaceX’s very first fairing reuse involved two halves recovered off the ocean surface after Falcon Heavy Block 5’s April 2019 debut. B1056, however, is all but guaranteed to fly again – this time on its fourth launch – in the near future. SpaceX has dozens of launches planned in 2020, so there will be plenty of opportunities.
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Tesla stock (NASDAQ: TSLA) endured one of its sharpest single-day declines in years on July 23, tumbling approximately 14.5 percent and closing near $320 after opening the session around $374. The drop erased more than $140 billion in market value amid heavy trading volume and left the shares at multi-week lows.
The sell-off followed the company’s second-quarter 2026 results, released the previous evening. Tesla reported record revenue of $28.2 billion, up 26 percent year over year, driven by a Q2-record 480,126 vehicle deliveries. Energy storage deployments also rose strongly.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Yet profitability disappointed sharply. Operating income fell 57 percent to $398 million, compressing the operating margin to just 1.4 percent. Non-GAAP earnings per share came in at $0.33, well below the roughly $0.53 analysts had expected. Free cash flow turned negative by $1.1 billion as capital expenditures surged 142 percent to $5.8 billion, largely tied to accelerated spending on artificial intelligence, robotics, and autonomous systems.
The losses on capex were expected, as Tesla said it would be spending heavily in 2026.
Investors also reacted to lingering uncertainty surrounding key product timelines. During the Earnings Call, management reiterated ambitions for Robotaxi deployment and the Optimus humanoid robot, but offered limited new concrete milestones, renewing questions about execution pace that have long accompanied Tesla’s ambitious roadmap.
The magnitude of the decline places it among Tesla’s more severe one-day percentage losses since its 2010 initial public offering. Historically, the two largest single-day drops (split-adjusted) remain September 8, 2020, when shares fell 21.1 percent amid broader market volatility and valuation concerns, and January 13, 2012, with a 19.3 percent plunge during the company’s early growth struggles.
Other notable declines include an 18.6 percent drop on March 16, 2020, at the onset of pandemic-related market turmoil. Thursday’s move ranks roughly ninth on the all-time list but stands out as the steepest in more than a year.
Despite the short-term pain, Tesla’s long-term trajectory has repeatedly recovered from such volatility. The latest results underscore both the strength of its core automotive and energy businesses and the near-term costs of heavy investment in next-generation technologies.
Elon Musk clapped back at France’s decision to withhold the approval for Tesla’s Full Self-Driving (FSD) Supervised system, projecting a clear and blunt message to French Transport Minister Phillippe Tabarot, after he publicly rejected the technology in its current form.
Tabarot outlines several concerns with Tesla Full Self-Driving in a detailed video statement, where he said, “The safety trade-offs are not yet sufficient to authorize it as it currently stands,” he said. He emphasized that FSD is not a true self-driving system and that the driver remains fully responsible.
Key issues Tabarot also brought up included allowing speeding when surrounding traffic exceeds limits and what he believes are insufficient guarantees of driver attention during complex urban maneuvers such as lane changes, intersections, and roundabouts.
Delaying the approval of FSD in France will cost lives
— Elon Musk (@elonmusk) July 22, 2026
While acknowledging technological progress and France’s support for autonomous innovation, Tabarot stressed that deployment must prioritize road safety. He noted ongoing technical discussions with Tesla, the Netherlands, and other European partners, with further ecosystem meetings planned for the fall.
Musk’s rebuke highlights the human cost of regulatory caution. Tesla’s latest safety reports provide compelling data supporting accelerated adoption. In the most recent 12-month period, vehicles using FSD (Supervised) recorded one major collision per approximately 5.1 million miles driven, dramatically better than the U.S. national average of one crash per 698,000 miles.
Even Tesla vehicles driven manually with active safety features outperform the average by a wide margin. These figures come from billions of real-world miles of telemetry, showing FSD vehicles involved in far fewer incidents than both manual Teslas and the broader U.S. fleet.
Critics argue Tesla’s comparisons require careful scrutiny regarding reporting thresholds and fleet demographics, yet the data consistently positions FSD as a potential lifesaver. With road fatalities remaining a leading cause of death worldwide, Musk contends that proven safer technology should not face prolonged bureaucratic hurdles.
France’s measured approach reflects the broader European regulatory caution, which many, especially Musk, have been critical of in the past. However, as autonomous systems from Tesla and competitors like Waymo demonstrate superior safety in independent studies, pressure is mounting for harmonized approvals.
Musk’s warning carries the belief that every month of delay may equate to avoidable tragedies on European roads.
In a striking revelation that underscores the lucrative crossover between Big Tech and space exploration, Alphabet Inc., Google’s parent company, disclosed a massive $94.1 billion equity stake in SpaceX following the rocket company’s blockbuster initial public offering earlier this year.
The disclosure came in Alphabet’s quarterly filing, marking the first time the long-held private investment has been publicly valued at market prices. Google was an early backer, investing alongside Fidelity in 2015 with roughly $500-900 million at a time when SpaceX was valued around $12 billion.
That bet has delivered extraordinary returns, roughly a hundredfold, transforming a strategic play on satellite internet and launch capabilities into one of Alphabet’s largest assets.
Google, $GOOGL, has said they hold $94 billion in SpaceX, $SPCX, shares after IPO.
— unusual_whales (@unusual_whales) July 23, 2026
Of the total holding, approximately $80 billion remains subject to short-term post-IPO lockup restrictions, preventing near-term sales. An additional $14.1 billion faces longer-term restrictions, extending into the third quarter of 2027. This structure limits immediate liquidity but protects against market volatility as SpaceX transitions into public trading.
The SpaceX position contributed significantly to gains in Alphabet’s broader investment portfolio, which also includes a major stake in AI leader Anthropic. Combined, these holdings helped drive nearly $100 billion in investment gains during the second quarter, providing a substantial boost to net income amid ongoing AI spending pressures.
Analysts view the disclosure as validation of Alphabet’s venture strategy beyond its core search and cloud businesses. The investment aligns with deeper ties, including reported multi-billion-dollar deals for AI computing capacity on SpaceX infrastructure. As SpaceX advances Starship flights, Starlink expansion, and ambitious Mars goals under Elon Musk, Google’s stake positions it to benefit from the commercialization of space.
For Alphabet, the windfall highlights how patient, forward-looking bets in transformative sectors can yield outsized rewards. While lockups temper short-term impact, the holding cements SpaceX as a cornerstone of Alphabet’s diversified portfolio in an era where aerospace, AI, and connectivity increasingly intersect. Investors will watch closely as restrictions lift and SpaceX’s public performance unfolds.
Tesla stock tumbles after earnings, one of its sharpest single-day declines
Elon Musk is not happy about this Tesla Full Self-Driving approval delay
