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SpaceX’s first fairing catch imminent with plans to 4X Mr Steven’s net
Following SpaceX CEO Elon Musk’s brief confirmation that the launch company would be quadrupling recovery vessel Mr Steven’s already-huge net, members of the /r/SpaceX subreddit created a rough visualization of what that expanded net might look like once completed.
Based on rough estimates done by the author, SpaceX’s official confirmation that fairings had landed within 50 meters of Mr Steven’s net indicates that the parasailing halves are able to somewhat reliably reach Mr Steven’s net with a margin of error of roughly 0.01% when they really need 0.005% to be caught in the vessel’s net every time. Based on specifications from the vessel’s shipyard, his current claws appear to be roughly 75% the length of the entire vessel, or something like 40m long by 30 to 40m wide.
- An artist rendering of a Falcon 9 fairing parasailing towards Mr Steven’s net. Original photos by Chuck Bennett (Instagram @chuckbennett) and SpaceX. (/Chuck Bennet/SpaceX/Eric Ralph)
- It’s difficult to imagine how Mr Steven’s already vast net could plausibly be expanded by a factor of two in each dimension. I certainly can’t wait to see how SpaceX engineers and technicians tackle the task. (Pauline Acalin)
- Created by Reddit /u/Pipinpadiloxacopolis, this visualization shows Mr Steven with net with 4X the area currently installed. (Teslarati/ /u/Pipinpadiloxacopolis)
Several days after the author’s speculation was published, Mr. Musk appeared to effectively corroborate it by stating on Twitter that Mr Steven’s net would have its area expanded fourfold in order to operationalize fairing recovery: to quadruple the area, both the length and the width of the net would need to be expanded by a factor of two (square) or perhaps 50% width-wise and 150% lengthwise (more rectangular). Mr Steven’s massive steel arms appear to be fairly permanent in their current forms, suggesting that changing the aspect ratio of the net would be far more effort than simply expanding his arms along their current paths. Either way, lengthwise growth of a factor of 2-2.5 would appear to functionally close the gap on that 0.005% margin of error (the current 0.01% – missing by 50 meters – divided by 2 equals 0.005%) required, albeit by modifying the recovery vessel instead of optimizing the fairings’ hardware and software.
TL;DR: @SpaceX's fairing recovery engineers/techs have achieved a margin of error of like 0.01% when they actually need ~0.005% to reliably catch fairings in Mr Steven's net. Success is imminent 😀 https://t.co/MfPdzdBkyO
— Eric Ralph (@13ericralph31) June 1, 2018
Put more simply, a net with four times the area would roughly halve the accuracy required from each fairing half for reliable recovery. Compared with the original (left) above, Reddit user Pipinpadiloxacopolis followed Musk’s rough estimation and did a rough Photoshop (right) of the fairing recovery vessel’s current arms, expanding it by 2X in each direction to arrive at a quadrupled area. Although I would argue that Mr Steven’s forward arms are unlikely to ever move beyond their current end-point around 10 meters behind the vessel’s crew cabin and cockpit, /u/Pipin’s estimate is probably a decent prediction for the upgraded vessel’s most likely appearance.
What’s less clear is whether the depth of the net will increase alongside the length and width, nor whether the already massive arms will have to rely on some sort of retraction/pivot mechanism to allow Mr Steven to safely maneuver within Port of Los Angeles waters. Regardless of the solution that SpaceX expertise arrives at, the already eclectic recovery vessel is all but guaranteed to look even more absurd and awesome than it already does. With any luck, the net expansion may allow SpaceX to finally achieve their first successful ‘catch’ of a Falcon fairing, ending the need for mass-storage of unreusable fairing halves grabbed off of the ocean surface.
- Mr Steven and drone ship Just Read The Instructions captured at their berths on June 5th. JRTI also appears to be preparing for a return to action with Iridium-7. (Pauline Acalin)
- Even SpaceXers deserve a break. (Pauline Acalin)
- Mr Steven slips between massive container ship canyons on the final leg of its return. (Chuck Bennett, Instagram @chuckbennett)
Stay tuned, as Teslarati photographer Pauline Acalin will be tracking modifications made to Mr Steven closely over the next several weeks. As of now, the vessel will return to the Pacific Ocean for another fairing catch attempt sometime in the second or third week of July. We’ll find out soon whether Musk’s mentioned upgrades can be realized before then.
News
Tesla Cybercab launch is imminent after latest sighting at Giga Texas
Tesla just gave what is perhaps its biggest signal yet that the launch of the Cybercab, its autonomous ride-hailing-geared car, is imminent.
The Cybercab has been spotted outside of Gigafactory Texas in massive numbers over the past few days, with hundreds of units being stored on property just days after the vehicle received a Certificate of Conformity from the EPA.
Today, things were a bit different.
Cybercabs spotted on Giga Texas property today had an addition: a Cybercab decal on the side, reminiscent of the “Robotaxi” ones that were placed on Model Ys just as the company launched its ride-sharing platform about a year ago.
Giga Texas drone operator Joe Tegtmeyer noticed the change today:
Tesla Cybercabs are now getting “Cybercab” logos on the side of them!
Tesla did the same with Model Ys that were given “Robotaxi” logos: https://t.co/DanANtw1m7 pic.twitter.com/FqOhH0S9Ks
— TESLARATI (@Teslarati) June 19, 2026
Tesla could be signaling that the Cybercab is preparing to enter the Robotaxi fleet in the coming weeks or months with this move. It seems more symbolic than anything; Tesla is ready to throw Cybercabs in the ride-hailing platform just as it did with Model Ys last year.
The addition of the Certificate of Conformity awarded to the Cybercab is another major factor working to Tesla’s advantage. The company now has permission from the EPA to allow the vehicle to operate on public roads and enter the chain of commerce. It’s officially street legal.
Tesla Cybercab specs revealed: range, curb weight, range ratings, and more
The big question that remains is whether Tesla will be able to operate the car without a safety monitor, especially considering it plans to put the car out there without a steering wheel or pedals. With the Cybercab only having a seating capacity of two, it is hard to believe Tesla will even consider putting a Safety Monitor in the car.
It did recently self-certify as Level 4 and has the ability to operate driverless vehicles in the State of Texas under a law that took effect on May 28. You can read more about that here:
Tesla’s Robotaxi dreams just took a massive step toward reality
We’d imagine Cybercabs will be on the roads as soon as July, but August will likely be a better estimate of when the car will be entered into the Cybercab fleet. It all depends at where Tesla is, as they’ve truly prioritized safety with the rollout of the Robotaxi platform.
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Elon Musk says this part of Tesla ‘makes no sense’
Elon Musk has publicly questioned Moody’s credit assessments following the rating agency’s decision to assign SpaceX a Baa1 investment-grade rating, two notches above Tesla’s Baa3. The comments came amid discussions comparing the two companies’ financial profiles.
SpaceX earned its first-time Baa1 rating with a stable outlook from Moody’s. The agency highlighted the company’s leadership in orbital launches, the growing recurring revenue from its Starlink satellite network, strong vertical integration, U.S. government contracts, and emerging opportunities in AI infrastructure.
These factors were cited as supporting robust cash flows, margin expansion, and financial flexibility.
Musk responded directly: “Tesla’s credit rating is ridiculously low tbh,” and added, “Yeah, makes no sense. Tesla has over $40B in cash, no debt, and is consistently profitable!” His remarks underscored Tesla’s balance sheet strength and profitability at a time when many traditional automakers continue to report losses in the shift to electric vehicles.
Yeah, makes no sense.
Tesla has over $40B in cash, no debt and is consistently profitable!
— Elon Musk (@elonmusk) June 19, 2026
Tesla maintains a leading position in the global EV market, with diversification into energy and storage, battery technology, and robotics through projects like Optimus. Recent financial updates show the company generated positive free cash flow of $1.4 billion in Q1 2026, supported by operating cash flow of $3.9 billion. Cash and short-term investments stood at approximately $44.7 billion.
Moody’s has affirmed Tesla’s Baa3 issuer rating with a stable outlook in periodic reviews, acknowledging the company’s EV leadership, technology strengths, including AI for autonomous vehicles, solid profitability, and strong liquidity.
Tesla (TSLA) scores Baa3 Moody’s rating for ‘stable’ outlook
However, the agency has also noted challenges in the automotive segment and expectations for margin pressures.
Musk’s critique highlights a common debate about how traditional rating methodologies apply to high-growth, capital-intensive technology companies. SpaceX benefits from long-term government-backed contracts and diversified, recurring revenue streams, while Tesla’s valuation reflects heavy investment in future technologies such as autonomy and robotics.
Both ratings remain investment-grade, yet the one-notch difference has fueled online discussion about potential inconsistencies in evaluating innovative firms.
The exchange comes as SpaceX explores financing options following its recent valuation milestones, while Tesla continues executing on its multi-year roadmap. Musk’s pointed response serves as a reminder that credit ratings, though influential for borrowing costs, represent one lens through which markets assess corporate strength—and that company leaders often view their financial positions through the lens of long-term innovation and cash generation rather than short-term risk metrics alone.
News
Tesla Full Self-Driving faces major pushback in Europe
A new report from Reuters claims that a transport authority in Sweden is pushing back against the approval of Tesla’s Full Self-Driving suite because it will travel over speed limits.
The report says the Swedish Transport Administration (TRV) recommends the European Union votes against FSD’s approval. TRV believes it should not be approved until Tesla disables FSD’s ability to speed.
TRV sent a letter to the European Union’s Technical Committee on Motor Vehicles (TCMV), which is set to meet on June 30 to discuss the potential approval of the Tesla FSD suite in the country. Tesla, which has received various approvals in Europe over the past two months, has not provided a comment.
Teslas operating on FSD do travel over the speed limit, depending on the Speed Profile that is chosen. Drivers have the ability to disengage FSD at any point; Tesla specifically states that those supervising the suite are responsible for its actions.
Let’s cut to the chase: humans operating any vehicle speed almost daily in the United States. Realistically, speed limits in the U.S. are more frequently treated as speed minimums. However, other countries are different, and driving behaviors are less aggressive.
TRV believes that “allowing automated systems to systematically exceed legal speed limits…risks undermining both the legal framework and the expected safety benefits of vehicle automation,” the report stated. It’s surprising that Tesla has not received this claim from other countries previously.
This could be a good argument to bring Max Speed back, the setting that previously allowed the driver to choose the absolute fastest the car would travel.
This would still put the responsibility of supervision in the hands of the driver. It would allow the driver to choose whether the car would travel over the speed limit or not, acknowledging that they set the speed, and if they get pulled over, there would be no ability to argue it.
However, it does not seem as if this is something Tesla will do, especially considering many U.S. drivers have requested the feature in an effort to eliminate speeding or at least tone it down. The company has not shown any interest in bringing it back.
Tesla has approvals for FSD in Europe in Estonia, Lithuania, Denmark, the Netherlands, and Belgium.





