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SpaceX attempts second Falcon fairing drop test with a helicopter and Mr. Steven
Following a few days of rest in port, SpaceX fairing recovery vessel Mr. Steven has continued a likely campaign of controlled drop tests with a second fairing recovery attempt, using a helicopter, spotter plane, and support vessel to pick up a Falcon fairing and drop it, theoretically allowing it to paraglide into Mr. Steven’s net.
While it’s nearly impossible to determine what happened without line-of-sight visual confirmation or an official announcement from SpaceX, it appears that Mr. Steven kicked off real catch attempts on October 11th, evidenced by his close interaction with a Blackhawk helicopter over the course of an hour or so. Another similar attempt occurred today, October 17th, and culminated with Mr. Steven returning once more to Port of San Pedro with the same test-focused fairing half on board, albeit not resting in his retracted net.
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- SpaceX’s dedicated test fairing seen at Berth 240 on Oct. 15, a few days after its first apparent drop test. (Pauline Acalin)
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- Mr. Steven and a recent arrival, barge PTS 185. The fairing cradle on deck suggests that this is probably the platform helicopters grab the fairing half off of. (Pauline Acalin)
After October 11th’s testing was completed, Mr. Steven returned to Port of San Pedro. On October 13th, he was docked at SpaceX’s Berth 240 facilities with net lowered and the test fairing half wrapped up on the docks, preventing confirmation of whether he carried the fairing half back from the testing region. A mid-sized barge also recently appeared at Berth 240 with a distinct Falcon fairing cradle onboard, perhaps explaining the presence of a tugboat (named Sir Richard) a few miles away from where this test campaign has been stationed – a barge would offer a flat, safe surface for a helicopter to hover over and pick up an unwieldy object such as a payload fairing.
Nearly identical to the October 11th test, Mr. Steven, tug Sir Richard, a Cessna chase plane, and a Blackhawk helicopter all converged around 100 miles southwest of Port of Los Angeles around 2pm PDT on October 17th prior to beginning recovery test operations. Mr. Steven and the tug Sir Richard – likely towing a barge being temporarily used to move a fairing half – arrived several hours beforehand at the test’s planned location.
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- As of late, SpaceX technicians and engineers have going through quite a range of activities related to fairing recovery. (Pauline Acalin)
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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)
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- Mr. Steven returned to Port of San Pedro around 7pm on October 8th after a day spent at sea, apparently with a Falcon fairing half in tow. This is the second known time that a fairing has been in Mr. Steven’s net. (Pauline Acalin)
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- One half of SpaceX’s Iridium-6/GRACE-FO just moments before touchdown on the Pacific Ocean. (SpaceX)
Eventually, a UH-60A Blackhawk helicopter – the same helicopter used on October 11 – lifted off from Catalina Island’s Avalon airport, taking about half an hour to reach Mr. Steven and Sir Richard. Once there, the helicopter very distinctly slowed down, eventually hovering just ~20 feet off the surface of the ocean, if not outright landing or perching on the aforementioned barge under the tug’s control. After several minutes in that state, the Blackhawk lifted off and immediately began climbing, reaching a peak of ~11,000 ft before (presumably) dropping its fairing payload and immediately diving down to follow its descent.
It’s undoubtedly an imperfect fit, but the helicopter appeared to follow Mr. Steven very closely over the course of the recovery attempt, sticking just a ~1500 ft or less above and a few hundred feet beside him as he raced to catch the falling fairing half. In fact, at least as a very rough approximation, the helicopter’s descent may be useful to judge the fairing’s behavior while gliding: taking ~14 minutes to travel descend 11,000ft and travel perhaps 2 miles (~10,500ft) horizontally, the fairing would dropped at a reasonable 13.1 feet per second (~4 m/s) once its parafoil opened and seemed to travel approximately one foot forward for every one foot down, also known as a 1:1 glide slope ratio.
And here's a little overview of the helicopter's path, mixed with a speed/altitude graph! Added some rough annotations to give an idea of what happened and in what time frame 😀 pic.twitter.com/e1rwZtkNHA
— Eric Ralph (@13ericralph31) October 18, 2018
Depending on wind conditions, parafoils can nominally be expected to achieve average glide slope ratios between 0 (high winds; falling like a literal rock) and 4 (no winds; almost as good as a bad airplane), meaning that Falcon fairings – judging from tangential data gathered from the helicopter following its descent – fly much like a parafoil, which is to say not great but better than a brick. The trick with parafoil control – which includes tweaking angles of attack and glide slope – lies more in the art of trading forward velocity for vertical velocity (or vice versa) at key moments. Assuming their control mechanisms have enough authority, paragliding fairings could ‘flare’ as they near Mr. Steven’s net, essentially angling upwards to briefly hover before dropping quickly, maybe giving the boat enough time to swoop in and place its net just beneath it.
In this way, a parafoil’s flexible, inflated wing (airfoil, to be precise) can allow it to maneuver quite a lot like a bird, at least more so than most other methods of flying humans have access to. Time will tell if SpaceX is having any luck perfecting the guidance and recovery of Falcon fairings, particularly with this campaign of under-the-radar drop tests. Even if Mr. Steven returns with a fairing half resting in his net, it will be more than a little ambiguous if it was placed there or he caught it, and any certainty will rely on official confirmation from SpaceX itself.
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!
Elon Musk
Elon Musk calls out $2 trillion SpaceX IPO valuation as ‘BS’
In a swift rebuke on X, Elon Musk dismissed reports claiming SpaceX had confidentially filed for an initial public offering targeting a valuation above $2 trillion, labeling the information as unreliable.
Elon Musk is quick to call out any false information regarding him or his companies on his social media platform, known as X.
A recent report that claimed SpaceX was aiming to go public with an IPO in the coming weeks at a massive valuation of $2 trillion was called out by Musk, who referred to it as “BS.”
In a swift rebuke on X, Elon Musk dismissed reports claiming SpaceX had confidentially filed for an initial public offering targeting a valuation above $2 trillion, labeling the information as unreliable.
The exchange highlights ongoing media speculation about the rocket company’s future and Musk’s frustration with what he views as inaccurate financial reporting. The report came from Bloomberg.
Don’t believe everything you read.
Bloomberg publishes bs.
— Elon Musk (@elonmusk) April 3, 2026
The controversy erupted on April 2, 2026, when influencer Mario Nawfal amplified claims from Bloomberg.
The outlet posted that SpaceX had boosted its IPO target valuation above $2 trillion, describing it as potentially one of the largest public offerings in history. Musk challenged the story.
It echoes past instances where Musk has corrected valuation rumors about his companies, emphasizing that speculation often outpaces reality.
Background context adds nuance.
Earlier reports indicated SpaceX had filed confidential IPO paperwork with the U.S. Securities and Exchange Commission, potentially positioning it for a record-breaking debut that could eclipse Saudi Aramco’s 2019 listing.
Initial estimates pegged a possible valuation north of $1.75 trillion, building on a post-merger figure around $1.25 trillion after SpaceX absorbed xAI. A subsequent Bloomberg update claimed advisers were floating figures above $2 trillion to investors, with the offering potentially raising up to $75 billion.
SpaceX remains a private powerhouse. Its achievements include thousands of Starlink satellites providing global broadband, routine Falcon 9 rocket reusability, and a mission to slash launch costs, along with ambitions for Starship to enable Mars colonization.
The company also benefits from government contracts with NASA and the Department of Defense. A public listing could democratize access for retail investors while subjecting SpaceX to greater scrutiny and quarterly reporting pressures.
Critics of the reports point to the confidential nature of filings, which limits verifiable details. Musk has previously downplayed inflated valuations, once calling an $800 billion figure for SpaceX “too high.”
Supporters argue that hype around mega-IPOs, especially amid the ongoing AI fervor, fuels premature narratives that distract from core technical milestones, such as full Starship reusability and Starlink constellation expansion.
The incident reflects broader tensions in tech finance. Anonymous sourcing in valuation stories can drive market chatter and betting activity, yet it risks misinformation.
Bloomberg defended its reporting through multiple articles citing “people familiar with the matter,” but Musk’s blunt dismissal resonated widely on X, with users piling on to question media reliability.
Whether SpaceX ultimately goes public remains uncertain. Musk has teased an IPO tied to Starlink maturity, but priorities center on engineering breakthroughs over Wall Street timelines. For now, the $2 trillion figure joins a list of rumored milestones that Musk insists should be taken with skepticism.
Elon Musk
Elon Musk reveals date of SpaceX Starship v3’s maiden voyage
The announcement arrives after Flight 11 on October 13 of last year, which concluded a busy 2025 testing campaign. Since then, SpaceX has focused on ground testing, including cryoproofing of Ship 39 and preparations for Booster 19, the first V3 Super Heavy.
SpaceX CEO Elon Musk has revealed the timeline for the next Starship launch. It will be the first launch using SpaceX’s revamped design for Starship, as its v3 rocket will take its maiden voyage sooner than many might expect.
Musk announced on April 3 on X that the next Starship flight test, and the first flight of the upgraded v3 ship and booster, is 4 to 6 weeks away. The update signals the end of a nearly six-month hiatus since the program’s last launch.
Elon says the first V3 Starship launch will occur in 4-6 weeks
It will be the first Starship launch since Flight 11 on October 13, 2025 https://t.co/QnnYPTdbUu
— TESLARATI (@Teslarati) April 3, 2026
The upcoming mission, designated as Starship’s 12 integrated flight test (IFT-12), marks a significant milestone. It will be the debut of the v3 configuration, featuring a taller Super Heavy Booster and Starship upper stage. The changes SpaceX has made with the v3 rocket and booster are an increased propellant capacity and the more powerful Raptor 3 engines.
Earlier predictions from Musk in March had pointed to an April timeframe, but the latest timeline now targets a launch window in early to mid-May 2026.
The V3 iteration represents a substantial evolution from previous Starship prototypes. Engineers have optimized the design for improved manufacturability, higher thrust, and greater efficiency. Raptor 3 engines deliver significantly more power while reducing weight and production costs compared to earlier variants.
With these enhancements, SpaceX aims to boost payload capacity toward 200 metric tons to low Earth orbit in a fully reusable configuration — a dramatic leap from the roughly 35-ton target of prior versions. Such capabilities are critical for ambitious goals, including NASA’s Artemis lunar missions and eventual crewed flights to Mars.
The announcement arrives after Flight 11 on October 13 of last year, which concluded a busy 2025 testing campaign. Since then, SpaceX has focused on ground testing, including cryoproofing of Ship 39 and preparations for Booster 19, the first V3 Super Heavy.
Recent activities have involved static fires, activation of the new Pad 2 at Starbase in Boca Chica, Texas, and integration of Raptor 3 engines.
A prior incident with an early V3 booster on the test stand in late 2025 contributed to the delay, necessitating additional assembly and qualification work.
Musk’s timeline updates have become a hallmark of the Starship program, often described with characteristic optimism.
SpaceX’s Starship V3 is almost ready and it will change space travel forever
While past targets have occasionally shifted by weeks, the rapid iteration pace remains impressive. However, don’t be surprised if this timeline shifts again, as Musk has been overly optimistic in the past with not only launches, but products under his other companies, too.
SpaceX continues to refine launch infrastructure, including new propellant loading systems and tower mechanisms designed to support higher cadence operations. A successful V3 flight could pave the way for more frequent tests, tower catches of both booster and ship, and progression toward operational reusability.
The v3 debut is viewed as a transition point for Starship, moving beyond experimental flights toward a system capable of supporting large-scale deployment of Starlink satellites, lunar landers, and interplanetary transport.
Success on IFT-12 would demonstrate not only the new hardware’s performance but also SpaceX’s ability to recover from setbacks and maintain momentum.
As the 4-to-6-week countdown begins, anticipation builds at Starbase. Teams are finalizing vehicle stacking, conducting final pre-flight checks, and preparing for regulatory approvals. The world will be watching to see if Starship V3 can deliver on its promise of transforming humanity’s access to space.
Elon Musk
SpaceX to launch military missile tracking satellites through new Space Force contract
SpaceX wins a $178.5M Space Force contract to launch missile tracking satellites starting in 2027.
The U.S. Space Force awarded SpaceX a $178.5 million task order on April 1, 2026 to launch missile tracking satellites for the Space Development Agency. The contract, designated SDA-4, covers two Falcon 9 launches beginning in Q3 2027, one from Cape Canaveral Space Force Station in Florida and one from Vandenberg Space Force Base in California. The satellites, built by Sierra Space, are designed to bolster the nation’s ability to detect and track missile threats from orbit.
The award falls under the National Security Space Launch Phase 3 Lane 1 program, which Space Force uses to move payloads to orbit on faster timelines and at more competitive prices. “Our Lane 1 contract affords us the flexibility to deliver satellites for our customers, like SDA, more easily and faster than ever before to all the orbits our satellites need to reach,” said Col. Matt Flahive, SSC’s system program director for Launch Acquisition, in the official press release.
SpaceX is quietly becoming the U.S. Military’s only reliable rocket
The SDA-4 contract is the latest in a long string of national security wins for SpaceX. As Teslarati reported last month, the Space Force recently shifted a GPS III satellite launch from ULA’s Vulcan rocket to SpaceX’s Falcon 9 after a significant Vulcan booster anomaly grounded ULA’s military missions indefinitely. That move made it four consecutive GPS III satellites transferred to SpaceX after contracts were originally awarded to its competitor.
This didn’t come without a fight and dates back years. SpaceX originally had to sue the Air Force in 2014 for the right to compete for national security launches, at a time when United Launch Alliance held a near monopoly on the market. Since then, the company has steadily displaced ULA as the dominant provider, and last year the Space Force confirmed SpaceX would handle approximately 60 percent of all Phase 3 launches through 2032, worth close to $6 billion.
With missile defense satellites now part of its launch manifest alongside GPS, communications, and reconnaissance payloads, SpaceX is giving hungry investors something to chew on before its imminent IPO.
Elon Musk calls out $2 trillion SpaceX IPO valuation as ‘BS’
Elon Musk reveals date of SpaceX Starship v3’s maiden voyage
