SpaceX
SpaceX reinstalls Mr Steven’s arms for Sunday Falcon 9 fairing catch
Over the course of less than half a day, SpaceX recovery technicians completed installation of three of Mr. Steven’s four fairing recovery arms, and the final arm and net are now set to be attached to the ship by the end of tomorrow, leaving plenty of time for Mr. Steven to attempt a Falcon fairing recovery this Sunday.
The reason for the delay is unclear, but SpaceX’s next launch and Mr. Steven’s next attempt at catching a Falcon fairing slipped 24 hours to 7:21 pm, October 7 (02:21 UTC, Oct. 8). Set to place Earth-observation satellite SAOCOM-1A into a low Earth orbit, this mission will mark SpaceX’s 16th reuse of Falcon 9 boosters in 18 months, as well as the operational debut of the company’s West Coast landing zone.
One of the ship’s 8 giant struts has been attached. There’s a good pace going so far. #spacex #mrsteven pic.twitter.com/8h73GoAztW
— Pauline Acalin (@w00ki33) October 3, 2018
Prior to attaching three arms and six of eight suspension booms, SpaceX’s recovery technicians spent the majority of October 1st and 2nd assembling Mr. Steven’s arms and situating them for installation, including the introduction of a new attachment jig of some sort. Likely used to safely rotate the arms into a position where traditional harnesses can then be used to lift them for installation, technicians spent several hours repeatedly picking up and setting down Mr Steven’s recovery components, swapping between the square jig and harnesses for each arm.
Additionally, a lone diver was spotted working near Mr. Steven’s stern off of a small utility boat equipped for underwater welding, presumably performing routine maintenance or repairs on the vessel’s hull and screws (propellers).
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- The Marlin hovered around Mr Steven on the 1st and 2nd. (Pauline Acalin)
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- A diver services Mr Steven. (Pauline Acalin)
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- A curious jig used while preparing Mr Steven’s arms for installation, 10/02/18. (Pauline Acalin)
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Once those various tasks were completed, SpaceX installed 3 of 4 arms over a period of roughly 8 hours on Wednesday, wrapping up around sunset after working through an unusual bout of rain in the Port of L.A. Despite having disappeared from Mr. Steven and Berth 240 for more than a month and a half, the vessel’s arms and booms appear almost entirely unchanged aside from visible shipping labels and the installation of small rings at the center of each arm, most likely a simple aid for organizing the rigging needed to operate his fairing catcher net.
In early August, SpaceX spent a day or two testing Mr. Steven’s arms and net with an actual Falcon fairing half, demonstrating just how flexible the combination can be. Along with motorized rigging, Mr. Steven can quickly and safely drop an ~800 kg fairing half onto its deck while also precisely controlling the net’s tension.
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- A gif demonstrates just how taut Mr Steven’s net can be, thanks to mechanized rigging. 08/13/18 (Pauline Acalin)
Speaking on October 3rd, SpaceX VP of Build and Launch Reliability Hans Koenigsmann expressed confidence that SpaceX would be able to close the loop and begin recovering fairings soon, and confirmed that the company still plans to conduct controlled drop tests with fairings later this year while continuing to attempt to catch fairing halves after SpaceX’s Vandenberg launches. Overall, Koenigsmann was visibly excited about the successes SpaceX’s fairing recovery team have already secured.
Now targeting October 7 for launch of SAOCOM 1A. Rocket and payload are healthy; additional time will be used to complete pre-flight vehicle checkouts.
— SpaceX (@SpaceX) October 3, 2018
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!
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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.”
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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.
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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’s massive Terafab project, which will be the first true conglomeration between each of his major entities, is set to get its final location soon, the CEO said on Tesla’s recent earnings call.
“The Terafab, we expect to announce a location soon, and provide more details about our plans in that regard. We’ll leave that to the product, the launch announcement rather than try to squeeze it into an earnings call,” Musk said last Wednesday.
Tesla Terafab set for launch: Inside the $20B AI chip factory that will reshape the auto industry
Terafab was announced by Musk back in March and was essentially a massive, vertically integrated semiconductor manufacturing project that would provide all the chips the three companies needed for their AI initiatives without needing third-party companies.
The plant will produce over 1 terawatt of AI compute each year, and will help back up projects like Optimus, Full Self-Driving, and other AI-based projects that Musk’s companies are working on.
In April, less than a month after the project was launched, Intel announced it would join the project, contributing manufacturing expertise and consulting to Terafab as a whole. Intel is one of three chip manufacturers that produce sub-5 nanometer chips at scale. TSMC and Samsung are the other two.
However, there was no true indication of where Terafab would end up, but most believe it will likely be somewhere in Texas. Business Insider has reported that SpaceX plans to build out Terafab in Grimes County, Texas, but this is unconfirmed.
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Musk confirmed recently that it would not be on Giga Texas property, as it is simply too large.
The sheer scale of TERAFAB is going to be insane.
Elon said it wouldn’t be suitable for anywhere on Giga Texas property because it’s too big:
“We couldn’t possibly fit the Terafab on the GigaTexas campus. It will be far bigger than everything else combined there.
Several… pic.twitter.com/79GbhNNuf4
— TESLARATI (@Teslarati) March 23, 2026
Terafab holds much of Musk’s grand ambitions for the future within its construct. It holds so much responsibility for the future and the biggest projects that Musk’s companies can imagine.
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“I think this is a very big announcement and it deserves to have its own day in the spotlight and not be squeezed into an earnings call,” he said. “I do think Terafab is going to be an amazing initiative and a necessary one, and one without which we will be constrained in our ability to scale Optimus production, because we simply won’t have enough AI chips.”
He continued by stating that Terafab is necessary for scaling Optimus, which Musk said could be the biggest product of any kind of all time. “It’s crucial to solve that, and we’ll have to solve memory, logic, and packaging in order to scale Optimus.”
Elon Musk updates the SpaceX timeline for Mars
SpaceX gets an absolutely crazy price target after rough IPO
