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SpaceX’s first Falcon 9 landing of 2019 foreshadows rapid rocket fleet growth

Falcon 9 B1049 landed successfully on drone ship Just Read The Instructions despite less than calm seas. (SpaceX)

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8 years ago

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Despite an unplanned landing anomaly that foiled SpaceX’s last Falcon 9 recovery attempt, the company’s engineers and technicians have pulled off another successful launch and landing of Falcon 9 – the 33rd for the rocket family – and the first of the new year.

After helping place Iridium’s 8th and final set of NEXT satellites into a parking orbit, Falcon 9 B1049 landed aboard drone ship Just Read The Instructions approximately 7 minutes after liftoff, marking the Block 5 booster’s second successful mission in just under four months. As of now, all but one of SpaceX’s flight-ready Falcon 9 boosters have now performed two or three orbital-class launches and are quickly becoming a truly reusable fleet of rockets.

Throughout the second half of 2018, SpaceX gradually built, tested, launched, and relaunched a growing fleet of Falcon 9 Block 5 boosters, the first of which debuted in May. Including new boosters that have arrived at their launch pads but have yet to launch, SpaceX’s skilled production and testing team managed to ship, test, and deliver an impressive 1 to 1.5 Falcon 9 boosters, 1-2 upper stages, and 3-4 payload fairing halves on average each month. Thanks to Falcon 9 Block 5’s increasingly exceptional reusability, SpaceX does not have to outproduce other companies and national space programs to dramatically out-launch them, exemplifed by the fact that SpaceX alone was able to launch more orbital missions than the combined output of every company and country aside from China.

As more Falcon 9 and Falcon Heavy Block 5 booster are introduced into SpaceX’s growing fleet, the company’s many distinct advantages of direct and indirect competitors should come more and more into play and be increasingly difficult to avoid or ignore. As of today, a fairly incredible number of additional new Falcon boosters are already in their testing and delivery phases, a number that ignores the four (or five) flight-proven boosters and two unflown Falcons known to already be at or ready to ship to launch sites.

 

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Just for Falcon Heavy’s second and third launches (NET March and April), SpaceX will deliver another two boosters (one side and one center) to Florida within the next ~6 weeks and will likely ship, test, and deliver another two or three new Falcon 9 boosters in the first half of 2019 for commercial missions and two crewed Crew Dragon launches scheduled for the second half of the year. Although Falcon Heavy’s new side boosters will likely remain side boosters for both of the rocket’s next missions, that should mean that they will be free enter the single-stick Falcon 9 fleet sometime in H2 2019, as will the three new boosters assigned to Crew Dragon this year. Falcon Heavy’s center core will remain dedicated to Falcon Heavy launches as a result of the extensive modifications necessary to support triple the thrust of a normal Falcon 9.

Regardless, this ultimately means that SpaceX’s reusable Falcon fleet could feature as many as 12-15 boosters capable of something like 5-10 additional launches each by the second half of fourth quarter of 2019. At that point, SpaceX might have enough experience with Block 5 and enough flight-proven boosters to plausibly begin a revolutionary shift in how commercial launches are done. With far more boosters available than SpaceX has payloads to launch, multiple flight-ready Block 5 rockets will inevitably stack up at or around the company’s three launch pads and surrounding integration and refurbishment facilities.

Instead of the current process of launch where boosters are dedicated to certain missions in fairly iron-clad terms, SpaceX could conceivably treat its launch services as actual services, meaning that – aside from requests for unflown hardware or customer-specific standards (i.e. USAF/NASA/NRO) –  the specifics of booster assignments would be no more of a worry to customers than the cargo plane goods are delivered with matters to 99% of logistics customers. A plane is typically a plane regardless of whether it has flown for 10 hours or 10,000 hours. That sort of interchangeability and hands-off approach to customers is likely at least 12 months off, if not longer (old habits die hard), but a fleet of a dozen or more flight-ready rockets is truly a brave new world for commercial spaceflight and even spaceflight in general.

For prompt updates, on-the-ground perspectives, and unique glimpses of SpaceX’s rocket recovery fleet check out our brand new LaunchPad and LandingZone newsletters!

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Eric Ralph is Teslarati's senior spaceflight reporter and has been covering the industry in some capacity for almost half a decade, largely spurred in 2016 by a trip to Mexico to watch Elon Musk reveal SpaceX's plans for Mars in person. Aside from spreading interest and excitement about spaceflight far and wide, his primary goal is to cover humanity's ongoing efforts to expand beyond Earth to the Moon, Mars, and elsewhere.

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Investor's Corner

SpaceX reports beat in first earnings while minimizing losses

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38 minutes ago

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August 4, 2026

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Credit: SpaceX | X

SpaceX (NASDAQ: SPCX) reported a beat in revenues and EBITDA in its first earnings call report while also minimizing losses as its business continues to gain momentum.

After its IPO in July, SpaceX saw some tough losses on Wall Street due to a major selloff after a delay in its 13th Starship test flight. The ship launched later that week and completed what was arguably the most successful IFT operation in the Starship program’s history.

Nevertheless, the company is continuing on and reported some encouraging financials while also promoting what appears to be a robust outlook moving forward in its Space, AI, and Connectivity divisions.

SpaceX to report first-ever earnings today: here’s what to expect

Earnings Results

  • Revenues: $7.8 billion reported vs. $6.7 billion expected
  • Adjusted EBITDA: $3.5 billion vs. $2 billion expected
  • Net loss of $541 million, an improvement of $467 million from net loss of $1.0 billion

Additionally, CFO Bret Johnsen had these comments:

“2026 has been a momentous year so far, and the second quarter demonstrated the true power of SpaceX. Revenue growth accelerated across all our business segments and we delivered strong operating leverage, with significant margin expansion led by our new AI compute agreements. Our unparalleled leadership in launch, Starlink subscriber growth, new enterprise and government partnerships, and best-in-class AI infrastructure underscore our ability to drive meaningful scale and deliver attractive returns. As a newly public company, we are delighted to welcome our broad base of shareholders and bondholders. We ended the second quarter with $100 billion of cash, cash equivalents, and marketable securities, and $47.5 billion in backlog. This financial strength gives us substantial capacity to invest in Starship, Starlink Broadband and Mobile satellites, and our AI platform, while maintaining a disciplined long-term capital allocation framework.”

Space Business Highlights

SpaceX shared some of its biggest Space Business Highlights for Q2:

  • Space revenues grew 55% sequentially and 29% year-over-year to $962 million, driven by a higher number of large customer launches and a favorable customer shift compared to the prior year
  • Total costs and expenses for the Space segment were up by $389 million year-over-year, as we continued to accelerate R&D investments in our Starship program, which we believe will reduce the cost to orbit by 99% or more relative to the historical average, and unlock significant revenue potential across all business segments
  • Leading launch provider for the world with 78 launches and 1,041 metric tons of mass to orbit deployed over the six months ended June 30, 2026, primarily allocated to Connectivity for the deployment of our Starlink constellation
  • Starship V3 development continued to advance towards full and rapid reusability:
    • Completed Starship V3’s first suborbital mission in May, Flight 12, which achieved a successful lift off from our new Starbase pad, a precision landing of Starship’s upper stage, and deployment of modified V2 Starlink satellites
    • Subsequent to the second quarter, completed Starship Flight 13 in July, which achieved all flight objectives including deploying 20 production V3 satellites, demonstrating in-space relight of a Raptor engine, and executing the softest ever splashdown of Starship, providing critical views of an intact heatshield

SpaceX will report its earnings today at 4:30 P.M. EDT.

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Elon Musk

Elon Musk sends second warning to SpaceX shorts ahead of first earnings

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1 hour ago

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August 4, 2026

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Credit: Grok Imagine

Elon Musk issued a second pointed warning to SpaceX short sellers on Tuesday, just hours before the company was set to release its first quarterly earnings as a publicly traded firm. Responding to a report highlighting elevated short interest, Musk wrote on X: “I try to warn them, but they just double down …”

The comment came as data from S3 Partners showed roughly 95 percent of available SPCX shares to borrow were on loan, translating to about 34 percent short interest as a percentage of the float. The stock has traded under pressure since its record-breaking IPO in June 2026, declining significantly from early peaks.

This marks the second such message from Musk in under three weeks.

On July 17, amid post-IPO volatility, he stated: “The survival probability of firms who maintain a significant short position in SpaceX over time is very low.” At that time, SPCX had fallen roughly 30 percent from its peak above a $2.6 trillion valuation, with short sellers reportedly realizing gains of about $8.7 billion.

Elon Musk sends first warning to SpaceX short sellers

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Musk’s warning aligned with optimistic analyses projecting that Starship-driven cost reductions could enable a multi-trillion-dollar space economy through applications such as orbital solar power, asteroid mining, data centers, and Mars-related projects, positioning SpaceX as critical infrastructure.

SpaceX is scheduled to report second-quarter results after the market close later today, followed by a webcast. Analysts anticipate revenue near $6.9 billion, reflecting growth in Starlink, launch services, and AI-related segments. The earnings release precedes a major lockup expiration on August 6 that could free hundreds of millions of insider shares.

Musk has a long track record of confronting short sellers, particularly regarding Tesla, where he has argued that persistent bearish positions underestimate transformative technologies. Critics view his optimism as overly ambitious given near-term stock fluctuations, while supporters see temporary dips as opportunities in a longer-term expansion of the space economy.

As SpaceX opens its books to public scrutiny for the first time, the high short interest and Musk’s repeated cautions set the stage for heightened market attention on the results and management’s commentary.

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Tesla’s AI lead doubles down on FSD’s speed strategy, and owners are confused

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4 hours ago

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August 4, 2026

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Credit: Tesla

Tesla’s AI lead Ashok Elluswamy doubled down on the company’s strategy regarding Full Self-Driving’s speed settings, and owners are definitely confused.

Earlier versions of Full Self-Driving allowed owners to set a max speed that the vehicle could travel while operating under the semi-autonomous driver assistance platform. This allowed more customization for the driver, giving them the ability to experience FSD’s robust performance with their own personal preferences.

Speed is massively important for obvious reasons — it’s not only a question of keeping the vehicle occupants comfortable by traveling at a safe speed, but it’s also something that could contribute to a ticket or infraction from law enforcement.

With the release of FSD v14 last year, Tesla removed the ability to set a max speed and instead opted for five Speed Profiles, ranging from “Sloth,” the most conservative, to “Mad Max,” the most aggressive and spirited. These profiles not only control speed, but also how frequently the vehicle will execute passes, perform lane changes, and other contributing factors.

The removal of the Max Speed setting was a major complaint amongst the Tesla community because it left owners scrambling for a way to experience suitable behaviors while traveling at an appropriate speed. Most felt the driving profiles would be a good indicator of the behaviors, while speed would still be left up to the discretion of the driver.

Instead, Tesla’s Speed Profiles determine both, and the constant tinkering of how they behave has been a major bottleneck and point of confusion for both owners and the company. From update to update, the Speed Profiles will change, sometimes more drastically than others. Some owners have complained that the “Standard” profile is too fast, while others have experienced “Mad Max” traveling below the speed limit:

These things change with each update, but the big complaint is that owners are on the hook for any tickets that come from FSD’s infractions; that’s the caveat of the suite being named FSD (Supervised). It ultimately means the driver is responsible, and the automaker has no liability when it comes to speeding tickets or general traffic infractions.

It is the driver’s responsibility to take over or adjust based on this.

Elluswamy essentially confirmed that there are no plans to bring back Max Speed control, because it is what he referred to as “an anti pattern.” He then echoed something that CEO Elon Musk has started to really push with FSD, and that’s the idea that Tesla is really honing in on the preferences of the driver.

Owners were confused by Tesla’s decision, stating that there must be a better way, especially considering disengagements for incorrect speeds are common:

From personal experience and using FSD for over 72 percent of my driving miles since v14 was released late last year, I make Speed Profile adjustments constantly. If FSD is traveling a tad too quickly, I will scale it back, and if it’s too conservative, I’ll make it more aggressive.

I don’t complain about making the Speed Profile changes too frequently, but it would certainly be nice to have it happen less frequently. There are far too many times I am concerned about getting a ticket, even in Standard mode.

The biggest issue for me, personally, which seems to be echoed throughout the community, is the fact that Tesla’s goal is to minimize disengagements. Many drivers are stating that speed is a major reason for disengagements.

However, Tesla is not willing to bring back this one level of input because it would technically be a regression.

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Whether it’s right or wrong in your opinion, it is what Tesla is going with, and it seems like it has pivoted quite a bit from its other strategies for minimizing interventions by pushing its AI to behave in a way that would fit the occupant’s personal preferences.

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