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SpaceX on track for last Cargo Dragon launch, first Falcon 9 land landing in months
SpaceX is hours away from its Cargo Dragon (Dragon 1) spacecraft’s last space station resupply mission, a historic launch that will also include a Falcon 9 booster’s first land landing attempt in more than half a year.
Scheduled to lift off no earlier than 11:50 pm EST (04:50 UTC) on March 6th (March 7th UTC), flight-proven Falcon 9 booster B1059 rolled out to SpaceX Launch Complex 40 (LC-40) – part of Cape Canaveral Air Force Station (CCAFS) – on Thursday afternoon. Carrying twice-flown Dragon capsule C112, set to smash SpaceX’s orbital spacecraft turnaround record, tonight’s launch will mark SpaceX’s last International Space Station (ISS) mission under its first NASA Commercial Resupply Services (CRS) contract – awarded in 2008.
Aside from Cargo Dragon’s historic final launch and record spacecraft turnaround time, CRS-20 will also mark SpaceX’s first attempted land landing – meaning a Falcon 9 booster landing at LZ-1 or LZ-2 – since July 2019. Thanks in part to SpaceX’s Starlink launch priorities and Falcon Heavy’s intermittent launch cadence, the sonic booms of Falcon booster reentries have been a relative rarity at Landing Zones for the last half-year. CRS-20 will thankfully end that faux-drought and may even be followed just weeks later by a second Falcon booster return to LZ-1.
A decade of success in orbit
Over Dragon 1’s decade of service, the spacecraft has successfully delivered more than 40 metric tons (90,000 lb) of cargo to the International Space Station (ISS) and returned almost as much from the station to Earth – still the only operational spacecraft capable of doing so since the Space Shuttle’s 2011 retirement.
If CRS-20 goes as planned, NASA will have awarded SpaceX a total of $3.1B for its finished CRS Phase 1 contract, translating to an average of $147M apiece for 21 missions (including the CRS-7 failure and Dragon’s first space station demo mission) to the ISS.
In other words, each kilogram of cargo Falcon 9 and Dragon delivered to the space station wound up costing NASA a bit less than $80,000, admittedly eye-watering but quite favorable compared to the Space Shuttle’s ~$340,000/kg (assuming program cost of $240B (c. 2020) and STS-135’s ~5300 kg of cargo).
Small steps towards full reusability
SpaceX’s CRS Phase 1 successes have also helped NASA cautiously accept flight-proven commercial rockets and spacecraft as the company has gradually introduced Falcon 9 booster and Cargo Dragon capsule reusability. Now, more than two years since SpaceX’s first capsule (June 2017) and booster reuses (December 2017) on NASA CRS missions, the company has launched two Dragon capsules to the space station for the third time and flown Dragons on flight-proven boosters four times.
CRS-20 will mark the third time a Cargo Dragon capsule (C112) flies a third orbital resupply mission, as well as the fifth time a CRS mission will launch on a flight-proven booster (B1059). Compared to the sheer scale and ambition of SpaceX’s next-generation, fully-reusable Starship and Super Heavy launch system, Dragon and Falcon 9 may seem rather diminutive. However, it’s hard to exaggerate just how much reusability expertise SpaceX has gained through their development.
Set to take over resupply missions and ferry astronauts to and from the space station, SpaceX and CEO Elon Musk already considered Dragon 2 (Crew Dragon) to be dramatically simpler, faster, and cheaper to reuse. Starship will ultimately build off those significant improvements, enabling another leap (or several) forward. Perhaps just as importantly, Falcon and Dragon reuse will likely continue to make profound political and bureaucratic inroads over the next 5-10 years, gradually eroding and reshaping the status quo. Their progress will thus hopefully set both the technical and societal stages for widespread success and acceptance by the time Starship can be declared operational.
Weather is currently 60% GO for CRS-20, and the rocket and spacecraft are likely just hours from going vertical at the LC-40 launch pad. As always, tune into SpaceX’s official webcast approximately 15 minutes before liftoff to catch the Falcon 9 launch and landing live.
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Elon Musk
Elon Musk confirms xAI’s purchase of five 380 MW natural gas turbines
The deal, which was confirmed by Musk on X, highlights xAI’s effort to aggressively scale its operations.
xAI, Elon Musk’s artificial intelligence startup, has purchased five additional 380 MW natural gas turbines from South Korea’s Doosan Enerbility to power its growing supercomputer clusters.
The deal, which was confirmed by Musk on X, highlights xAI’s effort to aggressively scale its operations.
xAI’s turbine deal details
News of xAI’s new turbines was shared on social media platform X, with user @SemiAnalysis_ stating that the turbines were produced by South Korea’s Doosan Enerbility. As noted in an Asian Business Daily report, Doosan Enerbility announced last October that it signed a contract to supply two 380 MW gas turbines for a major U.S. tech company. Doosan later noted in December that it secured an order for three more 380 MW gas turbines.
As per the X user, the gas turbines would power an additional 600,000+ GB200 NVL72 equivalent size cluster. This should make xAI’s facilities among the largest in the world. In a reply, Elon Musk confirmed that xAI did purchase the turbines. “True,” Musk wrote in a post on X.
xAI’s ambitions
Recent reports have indicated that xAI closed an upsized $20 billion Series E funding round, exceeding the initial $15 billion target to fuel rapid infrastructure scaling and AI product development. The funding, as per the AI startup, “will accelerate our world-leading infrastructure buildout, enable the rapid development and deployment of transformative AI products.”
The company also teased the rollout of its upcoming frontier AI model. “Looking ahead, Grok 5 is currently in training, and we are focused on launching innovative new consumer and enterprise products that harness the power of Grok, Colossus, and 𝕏 to transform how we live, work, and play,” xAI wrote in a post on its website.
Elon Musk
Elon Musk’s xAI closes upsized $20B Series E funding round
xAI announced the investment round in a post on its official website.
xAI has closed an upsized $20 billion Series E funding round, exceeding the initial $15 billion target to fuel rapid infrastructure scaling and AI product development.
xAI announced the investment round in a post on its official website.
A $20 billion Series E round
As noted by the artificial intelligence startup in its post, the Series E funding round attracted a diverse group of investors, including Valor Equity Partners, Stepstone Group, Fidelity Management & Research Company, Qatar Investment Authority, MGX, and Baron Capital Group, among others.
Strategic partners NVIDIA and Cisco Investments also continued support for building the world’s largest GPU clusters.
As xAI stated, “This financing will accelerate our world-leading infrastructure buildout, enable the rapid development and deployment of transformative AI products reaching billions of users, and fuel groundbreaking research advancing xAI’s core mission: Understanding the Universe.”
xAI’s core mission
Th Series E funding builds on xAI’s previous rounds, powering Grok advancements and massive compute expansions like the Memphis supercluster. The upsized demand reflects growing recognition of xAI’s potential in frontier AI.
xAI also highlighted several of its breakthroughs in 2025, from the buildout of Colossus I and II, which ended with over 1 million H100 GPU equivalents, and the rollout of the Grok 4 Series, Grok Voice, and Grok Imagine, among others. The company also confirmed that work is already underway to train the flagship large language model’s next iteration, Grok 5.
“Looking ahead, Grok 5 is currently in training, and we are focused on launching innovative new consumer and enterprise products that harness the power of Grok, Colossus, and 𝕏 to transform how we live, work, and play,” xAI wrote.
Tesla (NASDAQ: TSLA) stock received a price target update from Pierre Ferragu of Wall Street firm New Street Research, citing the company’s growing lead in self-driving and autonomy.
On Tuesday, Ferragu bumped his price target from $520 to $600, stating that the consensus from the Consumer Electronics Show in Las Vegas was that Tesla’s lead in autonomy has been sustained, is growing, and sits at a multiple-year lead over its competitors.
CES 2026 validates Tesla’s FSD strategy, but there’s a big lag for rivals: analyst
“The signal from Vegas is loud and clear,” the analyst writes. “The industry isn’t catching up to Tesla; it is actively validating Tesla’s strategy…just with a 12-year lag.”
The note shows that the company’s prowess in vehicle autonomy is being solidified by lagging competitors that claim to have the best method. The only problem is that Tesla’s Vision-based approach, which it adopted back in 2022 with the Model 3 and Model Y initially, has been proven to be more effective than competitors’ approach, which utilizes other technology, such as LiDAR and sensors.
Currently, Tesla shares are sitting at around $433, as the company’s stock price closed at $432.96 on Tuesday afternoon.
Ferragu’s consensus on Tesla shares echoes that of other Wall Street analysts who are bullish on the company’s stock and position within the AI, autonomy, and robotics sector.
Dan Ives of Wedbush wrote in a note in mid-December that he anticipates Tesla having a massive 2026, and could reach a $3 trillion valuation this year, especially with the “AI chapter” taking hold of the narrative at the company.
Ives also said that the big step in the right direction for Tesla will be initiating production of the Cybercab, as well as expanding on the Robotaxi program through the next 12 months:
“…as full-scale volume production begins with the autonomous and robotics roadmap…The company has started to test the all-important Cybercab in Austin over the past few weeks, which is an incremental step towards launching in 2026 with important volume production of Cybercabs starting in April/May, which remains the golden goose in unlocking TSLA’s AI valuation.”
Tesla analyst breaks down delivery report: ‘A step in the right direction’
Tesla has transitioned from an automaker to a full-fledged AI company, and its Robotaxi and Cybercab programs, fueled by the Full Self-Driving suite, are leading the charge moving forward. In 2026, there are major goals the company has outlined. The first is removing Safety Drivers from vehicles in Austin, Texas, one of the areas where it operates a ride-hailing service within the U.S.
Ultimately, Tesla will aim to launch a Level 5 autonomy suite to the public in the coming years.
Elon Musk confirms xAI’s purchase of five 380 MW natural gas turbines
Elon Musk’s xAI closes upsized $20B Series E funding round
