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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 shed two new bits of detail on Starship following its 13th test launch, which was an overwhelming success.
SpaceX launched Starship for the 13th time last Friday after two delays: one on Monday when several Raptor engines did not ignite, and another on Thursday due to unfavorable weather conditions in Starbase, Texas.
The launch was overwhelmingly successful. SpaceX was able to complete a necessary test of the heat shield tiles by increasing the acceleration of Starship from launch throughout the flight; 20 Starlink v3 satellites were released with no issue; the Super Heavy Booster landed safely in the Gulf of America, Ship successfully reignited engines while in space; and it also splashed down without incident in the Indian Ocean.
SpaceX Starship just nailed something it’s never done before
Nevertheless, more details are coming out about Starship, and Musk is doing the talking.
Starship Will Be Retrieved in the Ocean
Musk revealed on Tuesday night that Starship would be recovered by a ship in the Indian Ocean. SpaceX routinely tries to recover Starship after splashdown in an effort to find out more about the flight by examining the spacecraft afterward.
We’re sending a ship out to recover Starship https://t.co/fUqUZTITO9
— Elon Musk (@elonmusk) July 28, 2026
This helps engineers find out more about why things might have happened, allows them to examine any potential damage or anomalies that might have occurred, and increases the chances of an even more successful flight next time thanks to the additional information recovered.
Ship Could Have Been Caught by Tower Arms, Musk claims
Musk has already indicated that SpaceX will plan to attempt a catch of Starship with the 14th test flight. While this would be a major accomplishment, it would be an expected next step, considering the fact that the Super Heavy Booster has already been caught by the chopsticks on numerous occasions.
The ship landing was precise, meaning that it would have been caught by the tower arms https://t.co/6nbNrRfX9P
— Elon Musk (@elonmusk) July 29, 2026
A ship catch would be a great indication of where SpaceX stands in terms of reusability and launch cadence. A successful catch with relatively no incidents would be a good sign that SpaceX is nearing a more frequent launch of Starship, but also that the reusability of the massive rocket would be something many would expect in the near future.
It is a necessity to make life multiplanetary.
Elon Musk has updated his timeline for when humans will walk on Mars and for when ships will simply get there.
The objective of getting to Mars has been one of Musk’s biggest goals since becoming a serial entrepreneur and realizing that time on Earth is limited. Musk has said several times he hopes to die on Mars, and not by impact.
Musk now believes that people will be on Mars in “roughly 5 to 7 years.” He said that a Mars lander will get there “a few years sooner.”
People on Mars in roughly 5 to 7 years.
Mars lander a few years sooner.
— Elon Musk (@elonmusk) July 29, 2026
The response from Musk comes after NASA Administrator Jared Isaacman said that SpaceX’s biggest priority is the Moon and not Mars. Because of this, Isaacman conceded that he believes nuclear power and propulsion investments will provide “potentially the pathway with the fewest miracles required to put four people on Mars in the next 10 to 15 years.”
Of course, this is what NASA can do through taxpayer funding and nuclear investments, he added.
Musk’s grand ambitions are much more optimistic than most, and it is certainly a double-edged sword. This is not the first time timelines for Mars have been somewhat lofty, especially to those normal thinkers like you and me, not super geniuses like Musk.
In fact, the SpaceX and Tesla frontman has said on at least a dozen occasions that we could be on Mars in the coming years. Musk said 2020 would be the big year as early as 2009. In 2020, he was “highly confident” of a landing in 2026, and had even said 2024 in a best-case scenario.
The point is, the range has varied, and it’s anyone’s guess when we’ll get there. This latest adjustment to the timeline is typical of Musk, and while the Moon has seemingly taken priority over Mars, it is still worth mentioning that the ultimate goal is to make life multiplanetary, and it starts potentially with the Red Planet.
SpaceX (NASDAQ: SPCX) got an absolutely crazy price target rating from Raymond James after the company experienced a tough first few weeks following its Initial Public Offering (IPO).
Despite the tumultuous start, SpaceX has plenty of believers, and the company’s massively successful Starship launch last Friday, its 13th test flight of the massive rocket, went so smoothly that Raymond James analysts pushed its price target on the company to roughly 7 times its current trading level.
SpaceX Starship just nailed something it’s never done before
The firm officially put a “Strong Buy” rating and an $800 price target on the stock. It currently trades at around $113. Its all-time high is $225.64, reaching this trading level shortly after shares first went public.
Raymond James’ price target is tied to the firm’s confidence after Starship’s 13th test flight. Analysts at the firm said it was an incremental step that reduces engineering risks, citing the widely successful heat shield test that CEO Elon Musk recently detailed, the smooth deployment of Starlink V3 satellites, and a successful in-space engine relight.
SpaceX also managed to see Starship splash down safely in the Indian Ocean, while the Super Heavy Booster fell down to the Gulf of America with no incidents.
It is interesting to see these launches have such a tremendous impact on the stock and what investors think of it. After SpaceX initially delayed the Starship launch last week, shares fell tremendously. Most probably did not realize that the stand-down is a standard practice, especially if everything is not perfect.
The mission was initially aborted due to an issue with Raptor engines. This was resolved, and Starship launched last Friday after another delay on Thursday, which was caused by weather.
Now that analysts have seen what SpaceX launches are capable of and how impressive the feat is, firms are adjusting their price targets accordingly, making it known that they have high expectations for the space exploration company.
Elon Musk sheds two new bits of detail on Starship after 13th test launch
Elon Musk updates the SpaceX timeline for Mars
