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SpaceX’s Mr. Steven returns with Falcon fairing half in net after drop test practice
Captured in a series of photos taken by Teslarati photographers Pauline Acalin and Tom Cross over several days, SpaceX Falcon fairing recovery vessel Mr. Steven and recovery technicians and engineers have been preparing and practicing for a campaign of controlled fairing drop tests.
By using a helicopter to lift and drop a fairing into Mr. Steven’s net, SpaceX will be able to gather an unprecedented amount of data and control far more variables that might impact the success of recoveries. If the fairing is not destroyed in the process, this test series could be as long-lived as SpaceX’s Grasshopper program, used to work the largest up-front kinks out of Falcon 9 booster recovery.
Mr Steven looks ready. Should be leaving port at some point today ahead of SAOCOM-1A launch scheduled for Sunday, Oct 7, 7:21pm PT #mrsteven #SpaceX pic.twitter.com/Hk7HLmMDra
— Pauline Acalin (@w00ki33) October 6, 2018
Although SpaceX technicians managed to reassemble and install Mr. Steven’s net and arm fairing recovery mechanisms in just a handful of days, finishing less than 48 hours before the West Coast launch of SAOCOM 1A, the ship remained in port for the mission, passing up its fifth opportunity to attempt recovery of one of Falcon 9’s two fairings halves. Why exactly Mr. Steven never left port is unclear and unconfirmed, although SpaceX did mention that recovery would not be attempted this time around during its official launch webcast.
The most likely explanation is mundane – sea states with average swells as large as 4m (13ft) were forecasted (and later recorded) at and around the optimal fairing recovery zone. As a Fast Supply Vessel (FSV) explicitly designed to rapidly and reliably resupply oil rigs and other maritime work areas almost regardless of weather conditions, 4m waves would normally be a tiny pittance for ships as large and heavy as Mr. Steven and would be a nonsensical reason to halt deep-sea operations.
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- Thanks to their relatively high angle of attack, Mr. Steven’s newest arms should not seriously impact his stability, but there is a chance that they limit his operational envelope in high sea-states. (Chuck Bennett)
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- Mr. Steven seen listing roughly 5 degrees to port during arm installation, July 10th. (Pauline Acalin)
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- A few-degree list seen during fairing recovery practice, August 13th. (Pauline Acalin)
On the other hand, Mr. Steven is without a doubt the most unusual FSV in existence thanks to his massive arms and net, stretching at least 60m by 60m. Based on photos of the arm installation process, significant lists of 5+ degrees are not uncommon when arms are unbalanced during normal staggered (one-at-a-time) installations, and SpaceX quite clearly installs the first two arms on opposite sides and orientations in order to minimize installation-related listing. This indicates that his newest arms have significant mass and thus leverage over the boat’s roll characteristics, perhaps explaining why Mr. Steven has performed anywhere from 5-10 high-speed trials at sea both with and without arms installed.
Most recently, however, Mr. Steven spent a solid six weeks armless at Berth 240 while some sort of maintenance, analysis, or upgrade was undertaken with those four arms and their eight shock-absorbing booms. It’s hard to know for sure, but there are no obvious visual changes between the arms installed in July and August and those now present on his deck, and the net also looks almost identical.
Fairing drop tests?
What’s less familiar these days is an oddly arranged Falcon 9 payload fairing half that has been floating around SpaceX’s Port of Los Angeles berths for the last two or so weeks. Up until October 4th, the purpose of that single half was almost entirely unclear. On October 4th, Teslarati’s entire space team (Tom, Pauline, and I) coincidentally arrived at the same time as 5-10 SpaceX technicians were working on the fairing, attaching a series of guylines and harnesses and inspecting a number of actuating mechanisms on the half.
Just minutes after we arrived, a worker called out a short countdown and a wholly unexpected crashing noise sounded, followed immediately by several loud clangs as the harness connection mechanisms swung back and connected with metallic parts of the fairing. After the adrenaline wore off, the initial crashing noise was almost certainly the sound of the same mechanical jettison mechanism used to separate fairing halves ~3 minutes after the rocket lifts off.
Once photos of the event could be examined more carefully, that was exactly what we found – the six harness connections were attached to the fairing by way of the same mechanical interface that allows two halves to safely attach to each other. What we had witnessed was a harness separation test, using pressurized gas stored in COPVs (the gold striped cylinders) to rapidly actuate a latch, allowing the metal harness connectors to fall away. This is further evidenced by the presence of neon orange zip-ties connecting the ends of those harnesses to any sturdy fairing structure near the connection port, an easy and (presumably) affordable way to prevent those heavy connectors from swinging down and damaging sensitive piping and components.
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- An overview of the weird fairing test article just before the harnesses were jettisoned. (Pauline Acalin)
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- Note the taut, yellow ropes connected to the fairing at its original serparation connector ports. (Pauline Acalin)
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- Zip-ties prevented the harness connectors from smashing (too hard) into the fairing’s innards. (Pauline Acalin)
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- A Falcon 9 fairing during encapsulation, when a launch payload is sealed inside the fairing’s two halves. This small satellite is NASA’s TESS, launched in April 2018. (NASA)
According to someone familiar with these activities, the purpose of that testing is to prepare for true fairing drop tests from a helicopter. The jettisonable harness would be a necessity for easy drop testing, allowing the helicopter to carry a basic cargo hook and line while technicians inside communicate with the fairing to engage its built-in separation mechanism, all while ensuring that it immediately begins a stable glide or free-fall after dropping.
Observed on October 4th, it was at least moderately disappointing to see Mr. Steven remain in port during the spectacular Falcon 9 launch of SAOCOM 1A, October 7th. Reasons aside, roughly 12 hours after launch, Mr. Steven left on a 10+ hour cruise ~100 miles off the coast, where he repeatedly met up with tugboat Tommy and circled Santa Catalina Island once before heading back to port. Just 24 hours before launch (Oct. 6), the test fairing seen above was placed in Mr. Steven’s net for communications and harness testing – 24 hours after launch, Mr. Steven returned to Port of San Pedro after his 10-hour cruise with the same fairing half resting in his net.
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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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- An overlay of the paths of travel of a test-related helicopter and Mr. Steven, both on Oct. 8. The yellow plane is the heli at the beginning of a hover, while the gap between blue triangles in the lower left is where Mr. Steven was during that hover. (MarineTraffic + Flightradar24)
How and why it got there is unknown, as is the purpose of half a day spent boating around with the half in his net. However, a helicopter known to be involved in fairing drop tests was seen hovering and flying around Mr. Steven at the same time. Perhaps the two were practicing for real drop attempts, or perhaps the helicopter actually dropped a Falcon fairing (from > 2000 feet) and Mr. Steven successful caught it.
What is clear is that SpaceX is just getting started with efforts to perfect fairing recovery and eventually make the practice as (relatively) routine as Falcon 9 booster recovery and reuse is today. The latter was hardwon and the former will clearly be no easier.
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!
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!”
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.”
Yup. In this case, the driver manually overrode self-driving by pressing the accelerator all the way to 100% of the accel pedal in this residential area. They reached a speed of 73 mph during the crash, and had the accelerator pressed even after the crash.
— Ashok Elluswamy (@aelluswamy) June 22, 2026
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
“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.
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.
🚨 SpaceX has announced its inaugural offering of senior unsecured notes.
The net proceeds will be used to repay outstanding loans under its bridge loan facility in full.
This inaugural debt offering represents a financing milestone for SpaceX, which previously depended… pic.twitter.com/pcOZuVbTRv
— TESLARATI (@Teslarati) June 22, 2026
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.
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.
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.
SpaceX confirmed today that it has officially signed its third massive compute deal, providing compute at its Colossus data center in Southaven, Mississippi.
Reflection AI will gain immediate access to NVIDIA GB300 chips at SpaceX’s Colossus 2 data center. In return, Reflection will pay SpaceX $150 million per month starting on July 1, with total payments reaching approximately $6.3 billion if the contract runs through its duration, which is until 2029. Either party can terminate the agreement with 90 days’ notice after the initial three-month period.
CNBC first reported the deal.
🚨 SpaceXAI has agreed to a new compute deal with Reflection AI.
Reflection gets access to NIVIDIA GB300s, and will pay $150M per month to SpaceXAI for the compute. pic.twitter.com/bNPare8U5u
— TESLARATI (@Teslarati) June 22, 2026
This latest partnership highlights SpaceX’s strategy of commercializing its massive Colossus supercomputing infrastructure, originally developed to power Elon Musk’s Grok AI models. The company has rapidly expanded its customer base in the AI sector following its February 2026 merger with xAI, a transaction that valued the combined entity at $1.25 trillion.
SpaceX has previously signed significant compute deals with other major players.
It granted Anthropic exclusive access to the full capacity of its Colossus 1 data center, which exceeds 300 megawatts and includes over 220,000 NVIDIA GPUs. Details from SpaceX’s IPO filings indicate Anthropic will pay $1.25 billion per month through May 2029, potentially generating around $45 billion over the term of the deal.
Additionally, Google agreed to pay SpaceX $920 million per month for compute capacity from October 2026 through June 2029. This 32-month period will provide Google access to roughly 110,000 NVIDIA GPUs, along with supporting processors and memory. Capacity ramps up through September at a reduced fee, with termination options after the first year.
SpaceXA also established arrangements for computing power with Cursor, an AI coding startup. SpaceX acquired them in a $60 billion all-stock deal.
These arrangements position SpaceX’s collective position as an AI infrastructure powerhouse with high-margin revenue potential. The Google deal alone could generate nearly $29.5 billion over its term, while the Reflection contract adds another $6.3 billion.
Combined with the Anthropic arrangement, SpaceX stands to realize tens of billions in revenue from compute leasing in the coming years, which diversifies beyond SpaceX’s traditional rocket launches and Starlink operation.
The deals underscore growing demand for advanced AI training and inference capacity amid chip shortages and surging model development needs. Reflection, valued at $25 billion and focused on “American open intelligence” with government and national security ties, cited recent restrictions on closed models as validation for open-source approaches.
For SpaceX, the partnerships transform capital-intensive data centers into flexible revenue sources while supporting its broader AI ambitions after the company has gone public.
Tesla finally clarifies fatal Texas crash, confirms driver manually overrode acceleration
SpaceX makes $20 billion move to optimize its balance sheet
