News
SpaceX lifts soggy Falcon 9 Block 5 booster ashore after accidental splashdown
Independent group USLaunchReport has published a video capturing the entirety of SpaceX’s ad hoc East Coast Falcon 9 recovery operations, in which forlorn booster B1050 had to be carefully extracted out of the ocean after an unintentional soft-landing in the Atlantic following its successful Dec. 5 launch debut.
72 hours after B1050’s water landing and some painstaking preparation, the booster was towed to SpaceX’s dock space in Port Canaveral, where it spent just a brief few hours floating adjacent to drone ship Of Course I Still Love You and the rest of the company’s Florida fleet. Considerably less than twelve hours after arriving, technicians had already managed to lift the rocket out of the ocean and onto dry land, where another week or so was spent preparing Falcon 9 for transport.
Given the extent of the damage to the Block 5 booster’s interstage and the basic fact that SpaceX recovery technicians and engineers had never attempted anything quite like it before, it was fairly impressive that they took barely six hours to lift the booster out of the water, particularly considering that the rocket appeared to be filled with hundreds or even thousands of gallons of water. No visible damage was caused, although there was clearly some cause for extensive discussion and preparation per an unusually large and lengthy huddle of more than 30 employees prior to the beginning of the lift.
https://twitter.com/_TomCross_/status/1071886823721447424
Once on land, B1050 had an unusual sling placed exactly where the Falcon 9 booster’s liquid oxygen (LOx) and kerosene (RP-1) propellant tanks were welded together, apparently a location that is particularly sensitive to off-nominal X-axis stress. To give context, imagine bending a cardboard tube or straw in half instead of trying to push its ends together – Falcon 9’s structure is quite similar in concept. Built primarily 5mm-thick sheets of lithium-aluminum alloy, Falcon 9’s propellant tanks are extremely thin and light while also being aggressively optimized for vertical (up and down) loading, i.e. the forces experienced while accelerating (and eventually decelerating) through the atmosphere during launch and landing.
As a result, SpaceX almost always pressurizes the first stage propellant tanks of Falcon 9 with nitrogen whenever boosters are horizontal without physical support at their bendy centers. In the case of B1050, SpaceX almost certainly concluded that using its waterlogged umbilical ports to inject nitrogen into its tanks was too much of a risk without knowing the precise condition of the piping and the tanks themselves, opting instead to go with a simple sling to prevent damage from unintended bending. Thankfully, B1050 appears to have made it through its dry land ordeal even better than the time it spent in the Atlantic, suffering no visible damage whatsoever.
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- Sad interstage is sad. (Tom Cross)
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- An almost impossibly rare view. (Tom Cross)
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- That’s no boat… (Teslarati)
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- SpaceX technicians had to go through the normal process of Falcon 9 booster recovery at a decidedly abnormal 90 degree delta. (Tom Cross)
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- Falcon 9 B1050 was spotted at CCAFS near hangars SpaceX leases for refurbishment. (Instagram/anonymous)
Somewhere between December 14 and 15, the booster was at long last lifted onto SpaceX’s primary East Coast booster transporter and carefully drove the rocket to one of its 2-3 Cape Canaveral Air Force Station (CCAFS) refurbishment and storage hangars, avoiding detection by all but a few passersby. This could full well be the last we see (and even hear) of poor old Falcon 9 B1050, but there is still a decent chance that SpaceX hopes the entire rocket or major components can be easily salvaged.
Given the extreme care taken during the booster’s lift onto land and the week it spent having legs and grid fins removed, it can be definitively concluded that an effort will be made to save the entire vehicle (sans interstage). If it has managed to make it through the past two weeks largely unscathed, it may well become the first Falcon 9 to conduct a dedicated launch of multiple Starlink satellites sometime in the second half of 2019, at least according to CEO Elon Musk’s vague suggestion that it could fly on an “internal SpaceX mission”.
We may use it for an internal SpaceX mission
— Elon Musk (@elonmusk) December 5, 2018
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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
