News
SpaceX Falcon 9 booster sails into port after historic third launch and landing
Although a sister rocket did not fare nearly as well during a separate landing attempt 48 hours later, SpaceX Falcon 9 Block 5 booster B1046 nailed its third successful launch and landing on December 3rd and arrived in Port of Los Angeles a bit less than 48 hours later.
Greeting the rocket after its milestone third reuse was a rare Los Angeles rainstorm, lending a lovely reflective sheen to all uncovered surfaces as low clouds and an obscured sun bathed everything in a stark and uniform off-white light.
That’s one scorched booster, still standing on JRTI at the moment, in the rain. B1046.3 arrived back at port earlier this morning after launching and landing for the 3rd time during the SSO-A mission. What. A. Sight. #spacex pic.twitter.com/EhHY9HK9cD
— Pauline Acalin (@w00ki33) December 5, 2018
It is difficult to conceive of a set of conditions that might serve to better emphasize the well-worn patina of soot and charring now fully covering the once-shiny white exterior of B1046’s fuel and oxidizer tanks, a sort of literal badge of honor for the three orbital-class launches the booster has now supported in the last six months. Functionally speaking, cleaning a Falcon 9 booster from top to bottom would be an unbelievably tedious, time-consuming, and largely pointless task, requiring careful spot-cleaning of something like 400 square meters (4300 square feet).
While SpaceX did repaint recovered Falcon 9 boosters a handful of times around the start of commercial reflights, it always served more of an aesthetic purpose over anything seriously utilitarian. Furthermore, aerospace-grade paint like that used by SpaceX is quite heavy potentially weighing several hundred kilograms per booster and requiring a week at minimum to fully apply a new coat. Some followers like to point out the lost benefits of Falcon 9’s reflective white paint, serving as a mild thermal insulator for Falcon 9’s tanks when filled with supercool propellant. While it certainly exists, the additional heating induced by soot coatings is completely negligible for Falcon 9, which is constantly topped off with chilled propellant prior to launch.
As such, sooty boosters will be around as long as the kerolox-power Falcon family remains in operation. Not too long from now, shiny new Falcon rockets will likely be as rare as the expendable rocket launches they partially represent – the launch vehicles of the future will be rugged workhorses more comparable to the 737s that fill the ranks of airliner fleets than to single-use works of art. Nevertheless, soot is by no means an innate feature of rockets, reusable or otherwise, instead deriving from Falcon 9’s pragmatic choice of kerosene as fuel – soot is simply an inevitable byproduct of kerosene combustion.
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- Falcon 9 B1049 lifts off for the first time at SpaceX’s LC-40 pad in September 2018. (Teslarati)
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- B1048 bares its sooty skin the morning before launch. (Pauline Acalin)
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- A gif of Raptor throttling over the course of a 90+ second static-fire test in McGregor, Texas. (SpaceX)
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- SpaceX’s subscale Raptor engine has completed more than 1200 seconds of testing in less than two years. (SpaceX)
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A long and sooty future
Whenever it begins flying, the sole byproducts of the combustion of BFR/Starlink/Super Heavy’s methane-oxygen (methalox) propellant are water vapor and carbon dioxide, although true methane supplies will inevitably have slight impurities and thus cause the negligible production of some less pleasant byproducts. Raptor, the methalox rocket engine that will power BFR, has been performing hot-fire tests for more than two years, and the sheer differences between the exhaust of Merlin and Raptor are a striking example of the different chemistries at work. As a result of much cleaner combustion, BFR may produce no soot byproducts whatsoever – enjoy it while it lasts!
In the meantime, Falcon 9 will continue to fly and refly for the foreseeable future. B1046’s third successful launch and recovery is a huge step in that direction and the very fact that the most noticeable difference is a new coating of soot at least partially hints at the efficacy of Block 5’s reusability-minded upgrades. Even when twice-flown Block 5 octaweb heat shields are glimpsed, it’s all but impossible to tell the difference between an unflown or twice-flown example, while the new jet-black thermal protection on Block 5 interstages and octawebs only exhibit subtle scarring after reentry heating.
It almost goes without saying that the real killer in multi-use aerospace products – fatigue – is rarely visible to the naked eye, so the external appearance of Falcon boosters is more of a swoon-worthy placebo than anything else. Still, Falcon 9 Block 5 continues to demonstrate that its external appearance is almost equally indicative of truly robust reusability engineering.
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- B1046. (Pauline Acalin)
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- . . . (Pauline Acalin)
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- ENHANCE! (Pauline Acalin)
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!
SpaceX stock did the opposite of what most of Wall Street expected this week, when the day designed to be its most dangerous turned into a rally, and the rally kept going.
Thursday marked the first major lockup expiration since SpaceX’s June IPO, making roughly 911.5 million insider held shares eligible to trade for the first time, more than doubling the company’s public float. Analysts and short sellers had spent weeks bracing for a flood of selling, especially after the stock fell 13 percent following its first earnings report as a public company on Tuesday. Instead, shares rose 6.1 percent Thursday to close at $114.92, and by Friday they were trading near $129, up more than another 12 percent on the day.
SpaceX shorts get warned by Musk ally, echoing Tesla’s early struggles
The setup made the outcome notable. Short interest had climbed to roughly 34 percent of the float heading into earnings, among the highest of any large cap stock, with about 95 percent of available shares to borrow already on loan. CEO Elon Musk warned short sellers twice in the weeks before the lockup, writing on X that “the survival probability of firms who maintain a significant short position in SpaceX over time is very low,” then following up on the morning of earnings with “I try to warn them, but they just double down.”
When the newly unlocked shares hit the market and the selloff never showed up, some of that short position appears to have started unwinding. TipRanks reported that options activity shifted toward bullish strategies like put selling and risk reversals following the rally, with roughly $600 million in options premium trading Thursday alone. Retail buyers also stepped in during the earnings dip, according to Vanda Research.
The fundamentals behind the stock have not changed much in a week. SpaceX’s revenue nearly doubled year over year to $7.8 billion, with Starlink subscribers doubling to 12 million and the company’s AI segment growing 247 percent. What spooked investors on Tuesday was the spending side. Capital expenditures jumped to more than $18 billion for the quarter, up from $2.8 billion a year earlier, with AI investment alone rising from $749 million to $15.8 billion. Wall Street remains split on whether that spending is building infrastructure SpaceX needs or outrunning what the business can currently support, a debate Teslarati has tracked since shares first came under pressure.
None of that resolves the bigger question hanging over the stock. Thursday’s release was only the first of nine staggered lockup tranches, with roughly $800 billion worth of additional shares scheduled to become eligible through October, and Musk’s own stake stays locked until next June. If this week is any indication, the market is treating that supply as something it can absorb rather than something to fear, at least for now.
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News
The Boring Company’s newest Vegas Station has a permit quietly waiting behind it
Sahara Las Vegas opened a new Vegas Loop station, joining an exclusive two resort transit club.
Sahara Las Vegas opened a new Vegas Loop station Thursday, giving The Boring Company’s underground transit system its northernmost stop yet on the Strip. The station sits at Sahara’s Paradise Road entrance, on the southeast corner of Las Vegas Boulevard and Sahara Avenue, and connects riders to the Las Vegas Convention Center, other Strip resorts on the network and, eventually, Harry Reid International Airport.
The addition makes Sahara the second resort, after Fontainebleau opened its own station in January, to get a stop built at street level rather than tucked into the property itself. Sahara now joins Westgate as the only two Strip resorts offering both a Vegas Loop station and a stop on the Las Vegas Monorail, giving guests two separate ways to get around without leaving the property.
The Boring Company just doubled its tunneling power in Nashville
The bigger news buried in Thursday’s announcement is what comes next. Boring Company has already secured its first permit to tunnel north of Sahara Avenue, extending the network beyond where it currently ends, even though permits to push the Loop toward downtown Las Vegas still haven’t been granted. Crews are also working on a two mile dual tunnel line running from Westgate to a planned station at 4744 Paradise Road, just north of Tropicana Avenue, that Las Vegas Convention and Visitors Authority CEO Steve Hill has said the company hopes to open in time for November’s Las Vegas Grand Prix.
Ridership has grown alongside the buildout. The Loop moved roughly 82,000 passengers during CONEXPO in early March, a total the company highlighted on its own X account at the time, and the system has now carried more than 4 million passengers through 11 open stations since it began running in 2021. The airport connector tunnels, meant to give the Loop a direct link to Harry Reid, have slipped past their original first quarter target and remain under construction, with Boring Company director Mike Baier saying that a full opening is still a few months out.
For Sahara, the calculation is straightforward. Convention traffic drives a large share of Loop ridership, and a station at the property’s front door gives conventiongoers one more reason to book rooms on the Strip’s north end instead of closer to the convention center itself.
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Elon Musk
Tesla’s mysterious Robovan makes a sneak peek with Optimus in Terafab video
Elon Musk shared a new Terafab video showing Optimus, Robovans, and a stunningly futuristic campus.
Elon Musk posted a new video of Terafab on X Thursday morning, and the most eye-catching details in it were not the building itself, but two products still awaiting production: Optimus and the Robovan.
The concept render, credited to SpaceX, shows Optimus robots working the grounds of the roughly 2.5-mile-long facility planned for the Gibbons Creek site in Grimes County, while a Robovan glides along an elevated roadway cutting through the building itself, sharing the frame with a Tesla Semi and a Cybercab.
Robovan is the boxy, driverless people and cargo mover Musk unveiled alongside Cybercab at Tesla’s “We, Robot” event in October 2024. He pitched it as a way to move up to 20 passengers at once, or handle freight instead, at a target cost he claimed could fall under a dollar a mile, with no steering wheel or pedals, the same layout as Cybercab. Nearly two years later, Robovan still has no confirmed production timeline and has not shown up in any factory footage, which makes Thursday’s render one of the only recent looks at the vehicle in any form.
Terafab Texas will be the largest and most valuable building on Earth by far.
And it will be stunningly beautiful. pic.twitter.com/4NweOqTL7y
— Elon Musk (@elonmusk) August 6, 2026
Optimus has moved further along. Tesla began converting Fremont’s old Model S and Model X assembly line into a Gen 3 Optimus production line earlier this year, and Musk visited the site on July 1 to mark the changeover. A second, larger Optimus plant is under construction at Giga Texas, targeting volume production in summer 2027 and eventual capacity of 10 million units a year. Tesla AI lead Ashok Elluswamy said this month the robot has “big shoes to fill” in replacing the S and X line, while Musk has repeatedly called Optimus the company’s biggest product of any kind, with a long-term price he has pegged between $20,000 and $30,000.
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Check out the “Robovan” from @Tesla
📸: @Teslarati pic.twitter.com/D4es2i9NUe
— TESLARATI (@Teslarati) October 11, 2024
“Terafab Texas will be the largest and most valuable building on Earth by far,” Musk wrote alongside the clip. “And it will be stunningly beautiful.”
One quote post summed up the reaction: “Futuristic scene with RoboVan + Cybercab + Tesla Semi + Optimus.”
Beyond the vehicles, the architecture wrapped around them stands out too. The building’s facade is canted at sharp angles, with illuminated horizontal bands running through what appears to be a multi level interior visible from outside. Below the elevated roadway, pedestrians walk along a plaza next to a reflecting pool, and the skyline behind the campus is dotted with angular spires that read more like sculpture than infrastructure, a departure from the strictly utilitarian look of Gigafactory Texas or Starbase.
The timing tracks with what Terafab representative Riley Trennell told Grimes County residents on Wednesday, when he said renderings of the facility would be released “within days.” Musk’s post followed less than 24 hours later, and Texas Governor Greg Abbott’s office sent out its own release Thursday confirming the project. As Teslarati reported this morning, Terafab’s tax abatement agreements with Grimes County are now signed and active, and SpaceX has sent the county its first $10 million payment under that deal. The dollar figure tied to this phase of construction, per Reuters, is $16.8 billion, one of the first hard capital expenditure numbers attached to Terafab since Musk unveiled the joint Tesla-SpaceX-xAI venture in March.Reaction on X ranged from enthusiastic to skeptical. “God Bless Texas! Everything is bigger and better in Texas!” one reply read. Another was more measured: “Terafab in a decade…..”
Whether the finished building matches the render is a separate question from whether Musk wanted people talking about the render itself. Less than a day after posting, the video had already crossed 5.5 million views.
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Elon Musk and SpaceX shrugs off the trading day Wall Street feared most
The Boring Company’s newest Vegas Station has a permit quietly waiting behind it
