News
SpaceX’s Mr Steven just misses catch, returns with intact Falcon 9 fairing
SpaceX appears to have successfully retrieved both halves of a Falcon 9 payload fairing intact, despite failing to catch them with recovery vessel Mr Steven.
Near the end of the company’s Iridium-6/GRACE-FO launch webcast, SpaceX engineer John Insprucker said that Falcon 9’s two payload fairing halves had both successfully deployed their parachutes and landed in the Pacific Ocean, also stating that Mr Steven “came very close” to success in an attempt to catch a fairing half in an upgraded net. The vessel’s return to port confirmed this, showing both fairing halves on board Mr Steven’s long utility deck, apparently intact and in great condition aside from saltwater immersion.
Per SpaceX VP of Mission Assurance Hans Koenigsmann, anything more than incidental exposure to sea spray appears to preempt any attempt at fairing reuse, meaning that perfectly intact fairing halves recovered from the surface of the ocean are incapable of flying on future commercial Falcon 9 missions. While he did not go into detail, it’s probable that SpaceX’s inability to reuse ocean-retrieved fairings derives from the extremely clean environments satellites are designed to survive in. Before reaching the vacuum of space, arguably the ‘cleanest’ environment that exists, satellite payloads (be it cameras, antennae, solar panels, can be generalized as extraordinarily sensitive collections of electronics and sensors that remain in clean-room environments throughout their time on Earth. This extends to the environment inside the payload fairing, and cleaning a fairing from seawater organics, particulate matter, and the general risk of outgassing would likely be so expensive and tedious that it would run counter to SpaceX’s goal of lowering the cost of launch with reusability.
- Both fairing halves from SpaceX’s Iridiium-6/GRACE-FO spied aboard Mr Steven after docking. (Pauline Acalin)
- While unreusable due to seawater immersion, it’s possible that these halves will take part in a drop test campaign mentioned by CEO Elon Musk. (Pauline Acalin)
Although they cannot be operationally reused, these and past halves presumably have been or will be invaluable as hardware pathfinders, assisting engineers and technicians in their pursuit of ultra-precise, reliable landings in Mr Steven’s net.
Mr Steven, a shiny new Fast Supply Vessel, has been extensively modified by SpaceX in its role as recovery vessel, most notably including massive claw-arms and a large, yellow net intended to allow the boat to catch parasailing payload fairings just before they impact the ocean surface. This requires an impressive level of accuracy and precision, given the fact that SpaceX’s payload fairings are typically traveling more than two kilometers per second at a peak at altitude of anywhere from 100-200 kilometers (functionally in space) at the point of separation, while Mr Steven’s net (the landing target) is at least a magnitude smaller than even SpaceX’s drone ships. With that in mind, it should come as little surprise that SpaceX has required ten or more failed attempts to get to the point where they are confident that a fairing half can successfully be captured in Mr Steven’s net.
- By all appearances, both Iridium-6/GRACE-FO fairing halves were retrieved intact from the ocean surface. Note the tiny technician installing a tarp inside one half. (Chuck Bennett, Instagram @chuckbennett)
- SpaceX’s fairing recovery vessel Mr Steven captured at high speed from a drone. (SpaceX)
Given how close SpaceX apparently was this time around, it’s all but inevitable that one of the next two or three California launches will feature the first truly successful fairing catch, paving the way for routine reuse of the ~800 kg, $3m halves. SpaceX’s next launches from Vandenberg Air Force Base are tentatively scheduled for the first half of July, late September, and October.
Thanks to Chuck Bennett for permitting Teslarati to use several of his photos of Mr Steven’s sunset return to Port of San Pedro. Follow him at his Instagram account @chuckbennett.
Elon Musk
SpaceX just forced Verizon, AT&T and T-Mobile to team up for the first time in history
AT&T, T-Mobile, and Verizon just joined forces for one reason: Starlink is winning.
America’s three largest wireless carriers, AT&T, T-Mobile, and Verizon, announced on On May 14, 2026 that they had agreed in principle to form a joint venture aimed at pooling their spectrum resources to expand satellite-based direct-to-device (D2D) connectivity across the United States in what can be seen as a direct response to SpaceX’s Starlink initiative. D2D, in plain terms, is technology that lets a standard smartphone connect directly to a satellite in orbit, the same way it connects to a cell tower, with no extra hardware required.
The alliance is widely seen as a means to slow Starlink’s rapid expansion in the satellite internet and mobile markets. SpaceX’s Starlink Mobile service launched commercially in July 2025 through a partnership with T-Mobile, starting with messaging before expanding to broadband data. SpaceX secured access to valuable wireless spectrum through its $17 billion deal with EchoStar, paving the way for significantly faster satellite-to-phone speeds.
SpaceX was not shy about its reaction. SpaceX president and COO Gwynne Shotwell responded on X: “Weeeelllll, I guess Starlink Mobile is doing something right! It’s David and Goliath (X3) all over again — I’m bettin’ on David.” SpaceX’s VP of Satellite Policy David Goldman went further, flagging potential antitrust concerns and asking whether the DOJ would even allow three dominant competitors to coordinate in a market where a new rival is actively entering.
Weeeelllll, I guess @Starlink Mobile is doing something right! It’s David and Goliath (X3) all over again — I’m bettin’ on David 🙂 https://t.co/5GzS752mxL
— Gwynne Shotwell (@Gwynne_Shotwell) May 14, 2026
Financial analysts at LightShed Partners were blunt, saying the announcement showed the three carriers are “nervous,” and pointed to the timing: “You announce an agreement in principle when the point is the announcement, not the deal. The timing, weeks ahead of the SpaceX roadshow, was the point.”
As Teslarati reported, SpaceX’s next generation Starlink V2 satellites will deliver up to 100 times the data density of the current system, with custom silicon and phased array antennas enabling around 20 times the throughput of the first generation. The carriers’ JV, which has no definitive agreement, no financial structure, and no deployment timeline yet, will need to move quickly to matter.
Elon Musk’s SpaceX is targeting a Nasdaq listing as early as June 12, aiming for what would be the largest IPO in history. With Starlink now serving over 9 million subscribers across 155 countries, holding 59 carrier partnerships globally, and now powering Air Force One, the carriers’ joint venture announcement landed at exactly the wrong time to look like anything other than a defensive move.
News
Tesla Model Y prices just went up for the first time in two years
Tesla just raised Model Y prices for the first time in two years, with the largest increase being $1,000.
The move signals shifting dynamics in the competitive electric vehicle market as the company continues to work on balancing demand, profitability, and accessibility.
The new pricing affects premium trims while leaving entry-level options unchanged. The Model Y Premium Rear-Wheel Drive (RWD) now starts at $45,990, a $1,000 increase.
The Model Y Premium All-Wheel Drive (AWD)—previously referred to in the post as simply “Model Y AWD”—rises to $49,990, also up $1,000. The top-tier Model Y Performance sees a more modest $500 bump, bringing its starting price to $57,990.
Tesla Model Y prices just went up:
New prices:
🚗 Model Y Premium RWD: $45,990 – up $1,000
🚗 Model Y AWD: $49,990 – up $1,000
🚗 Model Y Performance: $57,990 – up $500 https://t.co/e4GhQ0tj4H pic.twitter.com/TCWqr3oqiV— TESLARATI (@Teslarati) May 16, 2026
Base models remain untouched to preserve affordability. The entry-level Model Y RWD holds steady at $39,990, and the base Model Y AWD stays at $41,990. This selective approach keeps the crossover accessible for budget-conscious buyers while extracting more revenue from higher-margin configurations.
After years of aggressive price cuts to stimulate volume amid slowing EV adoption and rising competition from rivals like BYD, Ford, and GM, Tesla appears confident in underlying demand. Recent lineup refreshes for the 2026 Model Y, including refreshed styling and efficiency gains, have helped maintain its status as America’s best-selling EV.
By protecting base prices, Tesla avoids alienating price-sensitive customers while improving margins on the more popular variants.
Tesla Model Y ownership review after six months: What I love and what I don’t
For consumers, the changes are relatively modest—under 3% on affected trims—and still position the Model Y competitively against gas-powered SUVs in the same class. Federal tax credits and potential state incentives may further offset costs for eligible buyers.
This marks a subtle but notable shift from the deep discounting era that defined much of 2024 and 2025. As the EV market matures into 2026, Tesla’s pricing strategy will be closely watched for clues about production ramps, new variants like the rumored longer-wheelbase Model Y, and broader profitability goals.
In short, today’s adjustment reflects a company that remains dominant yet pragmatic—willing to test higher pricing where demand supports it. It is unlikely to deter consumers from choosing other options.
Elon Musk
Elon Musk explains why he cannot be fired from SpaceX
Elon Musk cannot be fired from SpaceX, and there’s a reason for that.
In a blunt post on X on Friday, Elon Musk confirmed plans to structurally shield his leadership at SpaceX, ensuring he cannot be fired while tying a potential trillion-dollar compensation package to the company’s long-term goal of establishing a self-sustaining colony on Mars.
Yes, I need to make sure SpaceX stays focused on making life multiplanetary and extending consciousness to the stars, not pandering to someone’s bullshit quarterly earnings bonus!
Obviously, IF SpaceX succeeds in this absurdly difficult goal, it will be worth many orders of…
— Elon Musk (@elonmusk) May 15, 2026
The revelation stems from a Financial Times report detailing SpaceX’s intention to restructure its governance and compensation framework. The moves are designed to protect Musk’s control and align his incentives with the company’s founding mission rather than short-term financial pressures. Musk’s reply left no ambiguity:
“Yes, I need to make sure SpaceX stays focused on making life multiplanetary and extending consciousness to the stars, not pandering to someone’s bullshit quarterly earnings bonus!”
He added that success in this “absurdly difficult goal” would generate value “many orders of magnitude more than the economy of Earth,” though he cautioned that the journey will not be smooth. “Don’t expect entirely smooth sailing along the way,” Musk wrote.
The strategy reflects Musk’s deep concerns about how public-market expectations could derail SpaceX’s core objective. Founded in 2002, SpaceX has repeatedly stated its purpose is to reduce the cost of space travel and ultimately make humanity a multiplanetary species.
Unlike Tesla, which went public in 2010 and has faced repeated battles over Musk’s compensation and board influence, SpaceX remains privately held. Musk has long resisted taking the rocket company public precisely to avoid the quarterly earnings treadmill that forces most CEOs to prioritize short-term stock performance over ambitious, high-risk projects.
By embedding protections against his removal and linking any outsized pay package to verifiable milestones—such as a functioning Mars colony—SpaceX aims to insulate its leadership from activist investors or board members who might demand faster profits or safer bets.
Musk has referenced past experiences, including his ouster from OpenAI and shareholder lawsuits at Tesla, as cautionary tales. In those cases, he argued, external pressures risked diluting the original vision.
Critics may view the arrangement as excessive, especially given Musk’s already substantial voting power and wealth. Supporters, however, argue it is a necessary safeguard for a company pursuing goals measured in decades rather than quarters. Achieving a Mars colony would require sustained investment in Starship development, orbital refueling, life-support systems, and in-situ resource utilization—technologies that may deliver no immediate financial return.
Musk’s post underscores a broader philosophical point: true breakthrough innovation often demands tolerance for volatility and a willingness to ignore conventional business wisdom. As SpaceX prepares for increasingly ambitious Starship test flights and eventual crewed missions, the new governance structure signals that the company’s North Star remains unchanged—humanity’s expansion beyond Earth.
Whether the trillion-dollar package materializes depends on execution, but Musk’s message is clear: SpaceX exists to reach the stars, not to chase the next earnings beat. For investors or employees who share that vision, the protections are not a perk—they are a prerequisite for success.



