News
SpaceX set to launch its first previously-flown Block 5 rocket tonight
At the same time as SpaceX is readying its first Falcon 9 Block 5 booster reuse, the company’s second flight-proven Block 5 launch is already fast approaching and could be a strong contender to beat the company’s record of 72 days between launches of the same rocket.
A critical milestone for Falcon 9 Block 5
Formerly known as Telkom 4, SpaceX’s 1:18 AM EDT August 7th launch of the Merah Putih (Red and White in Indonesian) communications satellite will place the 5800 kg (12,800 lb) craft into a high-energy geostationary transfer orbit and will become the second heaviest GTO launch completed by SpaceX while still recovering the Falcon 9 booster. More importantly, however, Telkom 4 will also mark a critical milestone for Falcon 9 as the first reuse of a Block 5 booster.
https://twitter.com/_TomCross_/status/1025074341040533504
Designed to be many times more reusable and reliable than the already impressive Falcon 9 Full Thrust iterations preceding it, pathfinder booster B1046 could be capable of flying anywhere from 5, 10, or even 100 launches over the course of its flightworthy lifespan. It very well may require some considerable refinements to approach the true goal of orbital Falcon 9 launches with zero refurbishments between flights. CEO Elon Musk discussed those aspirations just before Block 5’s launch debut on May 11:
“We need to basically take the rocket from its landing pad, rotate it horizontal, stow the legs. Take it to the launch pad, attach an upper stage, attach a fairing with a payload. Then transport it out the launch pad, rotate it vertically, load propellant, and fly. And in principle, that is literally all that’s necessary.” – Elon Musk
This is understandably SpaceX’s goal, and it’s unlikely to happen just a few months after Block 5’s debut. Nevertheless, SpaceX appears to be already pushing the envelope of what they’ve previously accomplished with reusable Falcon 9s.
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- B1046 lifts off for the first time on May 4th, 2018. (Teslarati)
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- Falcon 9 B1046 returned to Port Canaveral aboard drone ship OCISLY on May 15. It will launch for the second time on August 4. (Tom Cross)
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- Soon after, B1046 was spotted on its way to a refurbishment facility around a week after its May 11 launch debut. (Instagram /u/tersco)
Breaking records four months after launch debut
While B1046 is tracking towards a booster turnaround of roughly 92 days, compared with the current Block 4 booster record of 72 days, it’s worth noting that more than a majority of that time was likely spent in a state of unique analysis for the inaugural Block 5 rocket, involving extensive disassembly. As stated by Musk, “we need to take [B1046] apart to confirm that it does not need to be taken apart.” He also expected that teardown analysis to be “very rigorous”, indicating that B1046 probably deserves the crown for booster turnaround so long as one only accounts for time spent in transport and undergoing refurbishment.
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Still, winning by a technicality is never any fun. On that note, SpaceX appears to be tracking towards a true record-breaking rocket reuse, potentially as few as 40 days between launches. Not one to let its other launch facilities be left out, this record-breaking turnaround attempt will occur on the West Coast with Falcon 9 B1048, the recovery of which has been extensively documented by Teslarati photographer Pauline Acalin over the last two weeks. NASASpaceflight.com confirmed that SpaceX intends to reuse B1048 for this mission for the NET mid-September launch and the record ~50 days between flights could help explain an unusually extensive and lengthy analysis of the rocket after it was lifted off drone ship Just Read The Instructions and placed on its dockside recovery stand.
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- B1047 before the launch of Telstar 19V. (Tom Cross)
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- Sooty B1047 arrives at Pad 39A’s horizontal integration facility (HIF), July 31st. (Reddit – Kent767)
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- Falcon 9 B1048 ahead of its launch debut, July 25th. (Pauline Acalin)
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- After a successful launch and landing, B1048 stands tall in Port of San Pedro before being lowered and transported for its next launch. (Pauline Acalin)
After 10 days of recovery operations and analysis, B1048 was transported to SpaceX’s Hawthorne factory on August 6th, where it will presumably undergo refurbishment in preparation for its next launch. If B1046 and B1048 are representative samples of SpaceX’s growing rocket fleet, their stunningly quick turnarounds (especially for a largely new rocket that debuted less than 3-4 months prior) are likely a sign of things to come as SpaceX gets a handle on the real-world capabilities of its robust Block 5 upgrade.
It’s entirely possible that every Block 5 reuse to come can and will break the previous launch turnaround record, at least up to the point that SpaceX demonstrates a true 24-hour turnaround sometime next year. Stay tuned…
For prompt updates, on-the-ground perspectives, and unique glimpses of SpaceX’s rocket recovery fleet (including fairing catcher Mr Steven) check out our brand new LaunchPad and LandingZone newsletters!
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SpaceX COO Gwynne Shotwell outlined ambitious plans for Starlink Mobile during the company’s August 4 Earnings call, signaling a direct challenge to U.S. wireless giants like AT&T, T-Mobile, and Verizon.
Shotwell noted that the three companies generate roughly $600 billion in combined annual revenue. “I anticipate us to be able to acquire quite a few of their customers because I think our service will be better,” she said. “We will eliminate dead zones leveraging the satellites in orbit. It will be better during any natural disaster… I’m quite excited about Starlink Mobile.”
SpaceX President & COO Gwynne Shotwell on @Starlink Mobile and its impact on Verizon, AT&T and T-Mobile:
“Roughly, between them, $600 billion a year. I anticipate us to be able to acquire quite a few of their customers. Our service will be better. We will eliminate dead zones… pic.twitter.com/UYZUkrGc0L
— Sawyer Merritt (@SawyerMerritt) August 4, 2026
SpaceX intends to combine its satellite constellation with terrestrial infrastructure. The company has acquired about 65 MHz of spectrum from EchoStar and plans to deploy next-generation Starlink Mobile satellites in 2027, with upgraded service targeted for the end of that year.
Shotwell described the enhanced network, leveraging more satellites and spectrum, as potentially “100 times better” than the current direct-to-cell offering, which already supports basic texting and app-based voice/video in coverage gaps through partnerships. She also indicated plans for low-cost cellular base stations that could integrate with existing Starlink dishes, creating a hybrid system for broader capacity in urban, suburban, and rural areas.
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For the general public, Starlink Mobile promises significant advantages. Satellite connectivity can fill gaps where traditional cell towers fail, delivering service in remote locations, mountains, or during outages caused by storms, wildfires, or infrastructure damage—conditions in which ground networks often collapse.
Users could enjoy more consistent coverage without relying solely on dense tower builds, potentially at competitive prices as SpaceX scales. The hybrid approach aims to support full mobile services, including higher-speed data, while working with unmodified smartphones over time.
These developments revive long-standing but unfounded rumors of a Musk-developed “Tesla phone.” Speculative claims of a “Pi Phone” or similar device with built-in Starlink connectivity have circulated for years on social media, often featuring fabricated images and details. Elon Musk has repeatedly denied any such plans, stating Tesla has no intention of entering the smartphone market unless forced by extreme circumstances with app stores.
No official product, filings, or development announcements have ever materialized; the rumors remain hoaxes.
The announcement quickly pressured telecom stocks. Shares of AT&T, Verizon, and T-Mobile fell between roughly 2 and 4 percent in after-hours and premarket trading as investors weighed the competitive threat from a hybrid satellite-terrestrial network.
While execution challenges remain—spectrum deployment, infrastructure rollout, and regulatory hurdles—Shotwell’s remarks mark SpaceX’s clearest signal yet of entering the consumer mobile market as a full competitor.
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Venture capitalist Chamath Palihapitiya has cautioned investors shorting SpaceX shares, drawing a direct parallel to the intense short-selling pressure Tesla faced in its early public years.
Responding to reports of elevated short interest in the newly public rocket, satellite, and AI company, Palihapitiya noted that similar dynamics played out with Tesla, where aggressive short sellers ultimately “went broke.”
SpaceX (NASDAQ: SPCX) went public on June 12, 2026, in the largest IPO on record, pricing at $135 per share. Shares quickly surged to an all-time high of $225.64 just days later, briefly implying a valuation exceeding $2 trillion. The stock has since retreated sharply amid valuation concerns, lockup expiration fears, and broader market dynamics.
By early August, it traded near $108–$125, representing a roughly 50 percent decline from the peak and bringing the market capitalization closer to the $1.5–1.7 trillion range. On August 4, shares closed up more than 9 percent at $125.33 ahead of earnings before facing pressure in after-hours and premarket trading.
Short interest has climbed dramatically. According to S3 Partners data widely cited in market reports, short positions reached approximately 219.3 million shares by late July, about 34 percent of the limited public float of roughly 640 million shares, and represented a notional value of around $24.6 billion.
Utilization of shares available to borrow hit 95 percent, with borrow fees rising. This level of shorting exceeded the dollar value of short bets against Tesla at the time and built rapidly ahead of two catalysts: the company’s first post-IPO earnings and an August 6 lockup expiration that could free up to 911.5 million additional shares.
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CEO Elon Musk has issued warnings of his own. In mid-July, as short interest approached one-third of the float, he posted that “the survival probability of firms who maintain a significant short position in SpaceX over time is very low,” reiterating his view that the company could ultimately be worth more than Earth if it achieves its goals.
On August 4, just before earnings, Musk responded to the latest short-interest data by saying, “I try to warn them, but they just double down.”
SpaceX delivered its first quarterly results as a public company after the close on August 4. Second-quarter revenue rose 92 percent year-over-year to $7.8 billion, beating consensus estimates near $6.8–6.9 billion.
The net loss narrowed to $541 million, or 9 cents per share, better than the roughly 23–24 cent loss expected. Starlink/connectivity contributed about $4.3 billion (up 66 percent), while the AI business generated $2.6 billion (up roughly 250 percent). Capital expenditures were heavy at $18.4 billion, largely tied to AI infrastructure. Management projected a $100 billion annualized revenue run rate by year-end 2026 and outlined a path toward $1 trillion in annual revenue by 2030.
The combination of Chamath’s historical reminder, Musk’s repeated alerts, and the company’s ambitious growth targets underscores the high-stakes debate surrounding SPCX. Short sellers are positioned for near-term supply pressure from the lockup, while long-term bulls point to Starlink scale, Starship progress, and AI compute expansion as reasons the bears may ultimately face the same fate as many early Tesla skeptics.
Investor's Corner
SpaceX and Nvidia team up on Musk’s orbital AI bet
SpaceX revealed a new Nvidia satellite partnership, then Musk pledged an exclusive Nvidia hardware commitment.
SpaceX and Nvidia are now working together on the hardware that will power Musk’s orbital data center ambitions. SpaceX announced on X on Tuesday that it is partnering with Nvidia to design the compute payload for Starmind AI1, the first satellite in a planned constellation built to run AI workloads directly in orbit. Each Starmind satellite will carry Nvidia’s Rubin GPUs and Vera CPUs, according to the post, which included renderings of the payload design.
The announcement landed hours before SpaceX’s first earnings call as a public company, where Musk went further, saying the company has committed to building its AI infrastructure exclusively on Nvidia hardware. “We think the Vera Rubin architecture is the best architecture. We think it’s the best AI computer, and we greatly value our close cooperation and partnership on many levels with Nvidia,” Musk told investors on the call,. “So we’re exclusive to Nvidia.”
Musk said SpaceX plans to deploy Nvidia’s Vera Rubin NVL72 rackscale system, codenamed Kyber, both on the ground and in space. He set a target of 2 gigawatts of compute capacity online by the end of this year, scaling to roughly 10 gigawatts by the end of 2027.
SpaceX’s newest Starmind will make earth data centers obsolete
Starmind has been in development since Musk confirmed the name in June, following an xAI trademark filing that tipped off the project before SpaceX made it official. The idea is massive in scope and instead of moving data down to ground based servers, satellites equipped with onboard processors and large solar arrays would compute AI workloads in orbit and beam results back to Earth. SpaceX has already filed with the FCC for a constellation of up to one million satellites to support the effort, citing constant solar power and the absence of zoning restrictions as advantages over terrestrial data centers.
The Nvidia exclusivity marks a shift in tone from just two weeks ago, when Musk was busy knocking down a report that SpaceX had ordered $52 billion worth of Nvidia GPUs through Foxconn, calling it fake news at the time. The dollar figure in that rumor may have been wrong, but the underlying direction seems correct. SpaceX’s AI division already leases Colossus compute capacity to Anthropic and Google, and Tuesday’s earnings report showed AI revenue climbing sharply as those deals ramp up.
Nvidia shares rose roughly 3% in Tuesday trading on the news, while SpaceX stock climbed nearly 9% during the day before giving back gains after hours as investors digested the earnings report’s capital spending figures.
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SpaceX is coming for wireless giants with Starlink Mobile
SpaceX shorts get warned by Musk ally, echoing Tesla’s early struggles
