Connect with us

News

SpaceX’s Mr. Steven barely misses Falcon 9 fairing catch in latest video

Mr. Steven came so close to a successful catch that the fairing actually rested its nose in his net before toppling into the sea. (SpaceX)

Published

on

Shortly after the ship departed for the East Coast, SpaceX shared a video of one of recovery vessel Mr. Steven’s recent controlled catch tests, in which he came so close to a successful fairing recovery that his net actually bumped the nose of the fairing before it tipped over and fell into the ocean.

While agonizing to watch a fairing very literally slip through Mr. Steven’s figurative fingers, this video is primarily good news. Given how extraordinarily close Mr. Steven was to success, SpaceX engineers will almost certainly continue refining their fairing recovery technique and technology until successful catches can be reliably repeated.

Advertisement

Over the past four or so months, SpaceX has engaged in a program of controlled Falcon fairing drop-and-catch tests around 100 miles (160 km) off the coast of California. Prior to today’s video, one additional update was released a few weeks ago showing a separate catch test that ended in a similar but slightly bigger miss. The test shown in the new video likely occurred a few weeks ago, the second to last controlled experiment before Mr. Steven departed for Florida on the 28th. In fact, Teslarati photographer Pauline Acalin captured what is almost certainly the fairing half shown in SpaceX’s Jan 29 video, visibly cracking after impacting the ocean nose-on.

Oddly, this latest documented miss may have been caused by Mr. Steven going too fast, whereas all previous failures seem to have been more a consequence of being in the wrong place at the wrong time or unable to turn hard or fast enough to intercept the fairing half. Given that the fairing visibly touched down on the net before tilting back into the ocean, the half’s center of gravity must have been feet – if not inches – away from allowing it to tip the opposite direction and slide gently into Mr. Steven’s net. Had the ship been slowed down even a little, the story of this test may have been completely different. Nevertheless, the gap between failure and success is clearly smaller than ever before, meaning that it can probably be all but guaranteed that SpaceX will eventually close that gap on fairing recovery.

 

Soon to be stationed with SpaceX’s Florida-based East Coast recovery fleet, Mr. Steven should see a considerable uptick in the number of available fairing recovery attempts, with at least three new post-launch catch opportunities to come in the next two or three months. The SpaceX recovery vessel departed SpaceX’s Port of San Pedro berth on the evening of January 28th and is likely to cross the Panama Canal within a week and arrive at Port Canaveral approximately a week after that. SpaceX’s next East Coast launch is scheduled for no earlier than (NET) February 18th (8:58pm EDT), giving Mr. Steven plenty of time to switch coasts and attempt a recovery.

Advertisement

Check out Teslarati’s newsletters for prompt updates, on-the-ground perspectives, and unique glimpses of SpaceX’s rocket launch and recovery processes!

Eric Ralph is Teslarati's senior spaceflight reporter and has been covering the industry in some capacity for almost half a decade, largely spurred in 2016 by a trip to Mexico to watch Elon Musk reveal SpaceX's plans for Mars in person. Aside from spreading interest and excitement about spaceflight far and wide, his primary goal is to cover humanity's ongoing efforts to expand beyond Earth to the Moon, Mars, and elsewhere.

Advertisement
Comments

News

Tesla tops American-Made Index for sixth-consecutive year

Published

on

Credit: Tesla

Tesla is atop the American-Made Index from Cars.com for the sixth-straight year, as the Model 3 and Model Y took the top two spots, respectively.

Last year, the Model 3, Model Y, Model S, and Model X took the top four spots, respectively. The company has routinely performed well in the Index. However, Tesla discontinued its flagship Model S and Model X earlier this year, which took the two cars out of the ranking.

Cybertruck is not considered due to its curb weight being above the 8,500-pound threshold, which eliminates it from being required to have more detailed assembly information.

Cars.com uses five main categories to develop its rankings:

Advertisement
  • Location(s) of final assembly
  • Percentage of U.S. and Canadian parts
  • Countries of origin for all available engines
  • Countries of origin for all available transmissions
  • U.S. manufacturing workforce

These five major factors are then put into a 100-point scale. The vehicles with the highest scores sit atop the list. The Model 3 edged out the Model Y.

Tesla uses a strong domestic strategy to build its cars and parts domestically. It relies on intense vertical integration that reduces its dependence on global suppliers, keeping more value and jobs in the United States.

Advertisement

This strategy has helped Tesla gain a strong reputation for domestically produced vehicles and parts. However, it helps it with more than just awards like this one. Keeping a supply chain local has also helped insulate Tesla more than others from tariffs and supply chain disruptions.

This year’s American-Made Index from Cars.com studied nearly 400 vehicles from the 2026 model year. Tesla was the only manufacturer to have an EV inside the Top 10. The Kia EV9 was the next EV to make the list, scoring the 17th position.

The Hyundai IONIQ 5 was 21st, and the final EV to make the list was the Cadillac LYRIQ in 77th.

Advertisement
Continue Reading

Elon Musk

Tesla finally clarifies fatal Texas crash, confirms driver manually overrode acceleration

Published

on

Credit: CNBC

Tesla has finally clarified the situation regarding the viral crash in Texas where a Model 3 slammed into a home.

CEO Elon Musk replied to reports on Monday that stated the crash was due to the company’s Full Self-Driving or Autopilot suite, which seemed unlikely to those who are familiar with it. Video showed the car slamming into a house at an excessive rate of speed, making it highly unlikely the crash was due to the suite’s operation, as it does not travel at those speeds in residential areas.

Musk said:

“This makes no sense. FSD drives slowly through neighborhood streets, and this was a high-speed crash!”

Advertisement

Tesla’s Head of AI, Ashok Elluswamy, added context, revealing that the company’s data shows the driver “manually overrode self-driving by pressing the accelerator all the way to 100%.”

He revealed the speed reached by the car was 73 MPH, and the accelerator was still pressed “even after the crash.”

Advertisement

Authorities are reportedly investigating “whether Tesla’s Autopilot system played a role after a Model 3 left the roadway…slammed through a brick house at high speed and fatally struck Matha Avila as she sat inside,” the New York Post reported.

The National Highway Traffic Safety Administration (NHTSA) is now investigating the crash. Tesla will work with the agency to provide them with whatever information they need in order to clarify the cause of the crash.

Similarly, Tesla had claims of a fatal accident in Harris County, Texas, a few years ago. Early reports indicated that Full Self-Driving was the cause of the crash. After the National Transportation Safety Board (NTSB) worked with Tesla, the agency proved there was “no use of the Autopilot system at any time during this ownership period of the vehicle, including the time frame up to the last transmitted timestamp on April 17, 2021.”

Tesla alleged “driverless” crash in Texas: What is known so far

Advertisement

“Application of the accelerator pedal was found to be as high as 98.8 percent,” the NTSB said in their findings. The highest recorded speed in the five seconds leading up to the impact was 67 miles per hour. The area where the crash occurred is residential, and Texas State laws have default speed limits of 30 MPH in residential streets.

This appears to be a similar situation. However, an investigation will prove what happened for sure.

Continue Reading

Investor's Corner

SpaceX makes $20 billion move to optimize its balance sheet

Published

on

Credit: SpaceX

SpaceX announced today that it commenced its first-ever public bond offering, marking a significant step in the newly public company’s capital markets strategy.

The company announced an offering of senior unsecured notes expected to raise at least $20 billion.

The move comes just a short time after SpaceX completed one of the largest initial public offerings in history. In mid-June, the company priced shares at $135 and raised more than $85 billion, propelling founder Elon Musk’s net worth past the trillion-dollar mark and giving the firm substantial liquidity.

According to the company’s SEC filing, the net proceeds from the notes will be used primarily to repay in full the outstanding borrowings under its existing bridge loan facility, cover related fees and expenses, and fund general corporate purposes. The offering is being conducted under Rule 144A, as well as Regulation S, targeting qualified institutional buyers and non-U.S. investors. Notes will be unsecured obligations ranking equally with other unsubordinated debt.

Advertisement

The $20 billion bridge loan was used to refinance approximately $17.5 billion in higher-cost “junk” debt tied to X and xAI. SpaceX had merged with xAI in February 2026 in an all-stock deal. The bridge facility, which matures in September 2027, had represented the bulk of SpaceX’s long-term debt.

SpaceX officially acquires xAI, merging rockets with AI expertise

In connection with the bond launch, SpaceX disclosed it held approximately $100.8 billion in cash and cash equivalents as of June 19. Investor calls began on the announcement date, with pricing and launch expected shortly thereafter. Rating agencies have assigned investment-grade ratings to the proposed bonds, reflecting confidence in SpaceX’s dominant position in commercial launches and the growth trajectory of its Starlink internet offering.

The debt raise also allows SpaceX to optimize its balance sheet by replacing short-term, higher-cost bridge financing with longer-date, lower-cost fixed-income securities. This provides greater financial flexibility to support capital-intensive initiatives, including the development of Starship, the expansion of the Starlink constellation, and the integration of AI capabilities following the xAI combination.

Advertisement

SpaceX shares (NASDAQ: SPCX) fell sharply on the news, dropping over 16 percent overall on the market on Monday. The stock had surged initially after debuting but pulled back amid profit-taking and broader market dynamics.

Overall, the bond offering underscores SpaceX’s transition to a mature public company with access to diverse funding sources. It positions the firm to pursue its long-term vision of multiplanetary expansion and AI infrastructure, while maintaining a disciplined approach to its capital structure in a high-growth but capital-heavy industry.

Continue Reading