News
SpaceX launches 3000th Starlink satellite
SpaceX has successfully launched its 3000th Starlink satellite as part of Falcon 9’s 54th dedicated mission for the low Earth orbit (LEO) internet constellation.
After high upper-level winds forced SpaceX to call off a launch attempt three hours prior, Falcon 9 lifted off from NASA Kennedy Space Center (KSC) Launch Complex 39A at 10:14 pm EDT (02:14 UTC), carrying another 52 new Starlink V1.5 satellites inside the rocket’s flight-proven payload fairing. Like the fairing halves, both of which had already supported two orbital-class launches, the Falcon 9 booster (B1073) SpaceX assigned to the mission was also flying for the third time.
For the most part, Falcon 9 performed nominally. The booster lifted an expendable upper stage and the enclosed payload most of the way out of Earth’s atmosphere before separating and heading back to Earth. Falcon 9’s upper stage was as perfect as ever, boosting the Starlink stack the rest of the way into a low and elliptical parking orbit, where it eventually spun itself end over end and deployed all 52 satellites at once.
Falcon 9 booster B1073 made it through its reentry and landing burns without issue and safely touched down on drone ship A Shortfall Of Gravitas (ASOG) about nine minutes after liftoff. While that landing was ultimately a success, B1073’s accuracy was not exactly flawless and the booster came to a halt with two of its four legs unusually close to the edge of the drone ship’s deck. Had the booster missed the bullseye by just 5-10 more feet, it could have easily landed with one or two feet off the deck and tipped into the Atlantic.
Nonetheless, the landing was successful and SpaceX should have no issue recovering the booster. In any other context, it would barely be worth noting, but flawless Starlink launches with near-bullseye landings have become such a frequent and routine occurrence that any departure from that norm has become interesting.
Starlink 4-26 (referring to the 26th batch of Group or Shell 4 satellites) was SpaceX’s 54th dedicated Starlink launch overall and 21st Starlink launch in 2022 alone. The mission also carried SpaceX’s 3000th Starlink satellite into orbit, a milestone so far removed from the next largest satellite constellation that it’s now more reasonable to compare Starlink to every other satellite currently in orbit. Of the 3009 Starlink satellites SpaceX has now successfully launched since 2018, 2750 are still in orbit. Assuming all 52 Starlink 4-26 satellites are healthy, astrophysicist and space object tracker Jonathan McDowell estimates that SpaceX has 2714 working satellites in orbit.
Excluding 75 prototype satellites launched over the years, all but 5 of which have since deorbited, 92.3% of all operational Starlink satellites launched by SpaceX since November 2019 are still working in orbit. While Starlink V1.0’s 7.7% satellite failure rate is far from desirable, SpaceX has made clear progress with its V1.5 design, which began launching in September 2021. Excluding 38 satellites that were lost when a solar storm caused Earth’s atmosphere to expand, unexpectedly increasing drag to uncontrollable levels, only 10 of the 1218 Starlink V1.5 satellites SpaceX has launched have failed and prematurely reentered for technical reasons – a failure rate of 0.9%.
If SpaceX’s V1.5 satellites continue to demonstrate excellent reliability as they reach ages similar to their V1.0 predecessors, it will bode well for the sustainability and predictability of current and future Starlink constellations. Meanwhile, the roughly 2270 Starlink satellites that are currently operational continue to deliver internet services to hundreds of thousands of customers in countries around the world, improving the lives of countless people.
According to Next Spaceflight, SpaceX has up to five more Starlink launches scheduled this month as it continues to relentlessly pursue a record-breaking launch cadence with its Falcon 9 rocket. Up next, Starlink 3-3 could launch from California as early as August 12th. Photographer Ben Cooper reports that another East Coast Starlink mission is working towards a “mid-August” launch soon after.
Investor's Corner
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
Tesla short seller Michael Burry, the subject of the film “The Big Short,” where he was portrayed by Steve Carell, has revealed he has opened a new bet against the stock.
In a new update to his Substack newsletter in a post titled “Trading Post June 30, 2026,” Burry revealed a new set of bets against Tesla, Caterpillar, NVIDIA, Applied Materials Inc., and the iShares Semiconductor ETF.
In regard to Tesla, Burry wrote:
“And finally I shorted Tesla at 416.22. Happy it jumped back to this level.”
This means Burry likely opened his new short position after the company’s recent rally on Wall Street, which saw Tesla shares sink in mid-May, only to recover to well over the $400 mark. Currently, shares trade at around $427.
The company saw a big Tuesday as shares climbed considerably, over 10 percent. The size of the Tesla short was not provided, nor did Burry give any information on the position’s structure, the number of shares, dollar value, or whether options were used in the short.
The Tesla and SpaceX merger everyone is talking about is quietly building
Over the years, Burry has been one of the more vocal critics of Tesla, calling its share price “media inflated,” and saying it was “ridiculously overvalued” as recently as December.
The company has largely transitioned away from being known as an automotive company and instead is much more widely regarded as an AI play, mostly due to its Full Self-Driving efforts, Optimus robot development, and data collection related to both.
This has not pulled those skeptics away from being vocal about their distaste for how Tesla is valued, but there’s no denying that the company is a global force in many things, including sustainable energy, automotive, and AI.
Wedbush Securities is initiating stock coverage on SpaceX (NASDAQ: SPCX), marking the first comments on the company since it went public several weeks ago. Wedbush and its analyst handling coverage, Dan Ives, are widely bullish on fellow Musk company Tesla (NASDAQ: TSLA).
Ives wrote his first note initiating coverage of SpaceX shares on Wednesday with a $190 price target and an ‘Outperform’ rating. The firm believes the company is well positioned off of its IPO because of its wide array of projects, including AI compute power and infrastructure, connectivity projects, and launches.
“We view SpaceX as one of the most differentiated assets within the tech market with a strong footprint across its three core markets, with Starlink driving success with connectivity,” Ives wrote, “Starship launches leading to a demand flywheel and increasing deal flow for its Colossus clusters.”
Elon Musk called it Epic: The full story of SpaceX’s Starship Flight 12
Wedbush leans heavily on Starlink, which they say is the “profitability driver given the strength of its recurring revenue base of ~12 million subscribers as of June 5th.” Ives believes Starlink is still in the “early innings” of penetrating the global telecommunications and broadband market, as it only holds less than a 1 percent share. However, this number is sure to increase over time.
It also highlights the importance of Starship, which it says is an “essential layer” of SpaceX’s overall success. SpaceX developing and displaying the ability to reuse rockets is a major cost and reliability advantage “as it reduces the necessary hardware launch costs while generating a feedback loop for future flights to improve their launch flight rate without accelerating capex spend.”
Finally, SpaceX’s recent AI/Compute projects are also very elementary, Ives writes. It is worth mentioning Wedbush said its $190 price target is derived from a valuation forecast that sees the company yielding roughly $2.48 trillion of implied enterprise value.
There are also some factors that Wedbush did not take into account with its initial coverage. The firm wrote in the note:
“We note that there is optional value coming from Starship’s accelerating scale towards sub-$200/kg unit economics, orbital data centers, and enterprise AI monetization as these factors could drive meaningful upside but these face major hurdles, so we do not take that into account with our valuation.”
SpaceX shares are down just over 2 percent today, trading at around $167 at the time of publication.
Tesla has expanded the footprint of a massive safety feature worldwide with a recent Software Update labeled as 2026.20.6. The expansion of the “Blind Spot Warning While Parked” feature represents the more widespread availability of the feature, which aims to prevent “dooring.”
Dooring is when a driver or passenger opens a car door into the path of an oncoming road user, usually a cyclist or motorcyclist. It is among the most common types of cycling accidents, the League of American Bicyclists says.
For this reason, Tesla created a feature that warns occupants not to open the door because an object is approaching. The feature will sound a chime, and it will also delay the opening of the door to prevent an incident.
The release notes state (via Not a Tesla App):
“If you attempt to open a door while an approaching object is detected in your blind spot (for example, a bicyclist approaching from behind) a chime sounds, and your door will not open upon initial button press. Wait a short time and press the button a second time to override the warning.”
Tesla initially rolled out this feature back in 2024 with the Model 3 “Highland.” However, it remained with the Model 3 exclusively for over a year; that was until Tesla added it to the Cybertruck this past Spring.
Now, it is making its way to the new Model Y, 2021 and newer Model S, and 2021 or newer Model X.
The prevention of dooring incidents could eliminate many injuries to cyclists, especially in an urban setting. Dooring accounts for 10-20 percent of bike-related crashes in major cities, and over 17,000 dooring-related incidents were treated in the U.S. over the course of a decade. These usually involve fractures, contusions, and head trauma.
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
SpaceX gets initial stock coverage from Tesla’s biggest bull
