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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)
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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!
In a new note to investors on Tuesday, Morgan Stanley analyst Andrew Percoco said that Tesla has one big financial question to answer for investors regarding its Robotaxi rollout, Full Self-Driving software, and Optimus.
Percoco said in the note that, for the most part, investors are still very positive about the direction the company is headed. However, there are some things the firm would like to see, and they have to do with financials.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Tesla bulls are more than convinced that the company’s Full Self-Driving software is proof it can develop physical AI. Financially, however, there are still some questions, especially on elevated spending, which CEO Elon Musk said would occur as the company works to roll out Robotaxi faster and continue developing its Optimus robot.
The latter two are where Tesla will have to prove progress to investors, as Percoco writes that both projects “will require clearer evidence that Robotaxi is scaling and more tangible Optimus proof points to support the ROI on elevated capex.”
Percoco said the second quarter earnings call did not change his long-term thesis of where Tesla is positioned in the AI race, which is out in front. However, there are concerns that weaker gross margins and higher R&D spend will stress financials, and that has “sharpened our (and investors’) focus on measurable progress across Robotaxi and Optimus.”
Additionally, Robotaxi still needs to be proven with more operation in existing cities while maintaining safety but improving how many rides it gives in any given time, he said. For Optimus, Percoco wrote that he is “still looking for evidence beyond commentary around SOP.”
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Morgan Stanley put Percoco in charge of covering Tesla after long-time analyst Adam Jonas transitioned to the automotive side.
Currently, Morgan Stanley has a $415 price target on Tesla and a ‘Hold’ rating on the stock. It is trading at around $330 at the time of publication, which was 2:30 P.M. on the East Coast.
SpaceX’s massive investment in AI will make it a big winner, Argus Research said after the company’s successful earnings call last week.
The firm also upgraded shares to a Buy from Hold and set a $160 price target.
SpaceX (NASDAQ: SPCX) is currently recovering from its heavy AI infrastructure investments, as it spent nearly $16 billion in Q2 alone. The company did this primarily by monetizing high-demand GPU compute capacity at a much faster pace than traditional data center economics would suggest.
Company CFO Bret Johnsen said that SpaceX would be able to pay back anything on new deployments within a year.
There are plenty of ways the company can do this:
Leasing excess compute capacity through contracts
SpaceX has already built Colossus and Colossus II, largely for its own model training. However, much of that capacity is already rented out to third parties. It already has major deals with Anthropic, Google, and Reflection AI. These partnerships are adding billions per month to SpaceX’s spreadsheet.
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High utilization driven by industry-wide scarcity
The demand for advanced AI training and inference capacity continues to exceed what is available for use. SpaceX can fill new racks quickly after they come online, so the capital deployed converts into revenue with minimal idle time.
Additionally, management and outside observers have described the new compute capital as behaving more like a cost-of-goods-sold than traditional multi-year capex, especially because of this rapid monetization pattern.
Capacity has already scaled from ~0.4 GW a year to 1.4 GW annually by the end of Q2. There are targets of more than 2 GW by year-end.
High incremental margins on the rental business once capacity is online
GPU cloud providers often operate at strong gross margins. SpaceX can monetize capacity that was already partially built or can be added efficiently. This means that incremental EBITDA margins on the rental revenue are usually high. This accelerates cash recovery relative to the gross capital outlay.
Parallel monetization of its own AI software and applications
Beyond pure infrastructure rental, SpaceX also generates revenue from Grok through subscriptions and usage, from X through ads, data, and other related services, enterprise APIs, and the planned integration of the Cursor coding tools acquisition.
These application layers ride on the same compute infrastructure and provide additional high-margin streams that could offset build-out costs. AI-segment revenue overall rose sharply to about $2.6 billion in Q2, according to Motley Fool. This was driven primarily by the infrastructure contracts, but the software side is also partially responsible.
Efficient, large-scale deployment and vertical integration advantages
SpaceX has emphasized the rapid construction of power and cooling infrastructure and favorable cost-per-megawatt economics relative to industry benchmarks in some disclosures.
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Combined with its ability to scale capacity aggressively and the fact that many contracts start generating revenue within months of capacity coming online, the effective payback compresses dramatically compared with more conventional multi-year data-center projects.
SpaceX’s dominant near-term recovery path will turn the AI clusters into a hyperscale-style compute rental business for other leading AI companies while still using a portion for internal models.
Tesla headlights have caused a recall of over 20,000 of the company’s two most popular vehicles, the Model 3 and Model Y, due to the low-beam bulb exceeding the maximum allowed intensity according to federal standards.
Tesla initiated the recall with the National Highway Traffic Safety Administration (NHTSA) this morning, stating that the low-beam output “exceeds the maximum allowed intensity in the outer upper-right and outer upper-left areas of the 10U and 90U zone, as prescribed in FMVSS No. 108.”
Tesla sourced the impacted headlights from Marelli Automotive Lighting, a Mexico-based company. The recall impacts 2020-2023 Model Y vehicles and 2017-2023 Model 3 vehicles. It is estimated that every VIN in this recall is impacted by the defect.
🚨 Tesla is recalling 20,349 2020-23 Model Y vehicles and 2017-23 Model 3 vehicles due to an excessively bright headlamp low beam.
Currently, there is no remedy plan in place, as it is still being developed. pic.twitter.com/y34cIO2U0B
— TESLARATI (@Teslarati) August 11, 2026
Typically, Tesla would remedy recalls of this nature through an Over-the-Air software update, which has been a major focus of criticism by the company and its supporters because the NHTSA still refers to it as a “recall,” even though it requires no action by the vehicle owner. The fix is shipped over the internet and downloaded to the car.
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However, there appears to be a potentially different solution for this problem. Tesla has not developed a remedy for this issue, so it could potentially be on the way. The big issue appears to be the fact that these recalled lamps are out of production, and this is an old body style for both vehicles. The headlights and front-end designs are completely different.
Tesla switched to another supplier when the affected headlight design was discontinued. It plans to begin notifying owners of their remedy options by September 15.
Tesla filed a petition protesting the recall to fix the vehicles’ headlight issue, but the NHTSA denied it. Now, Tesla will come up with a solution to fix it.
Tesla has one big financial question to answer for investors: Morgan Stanley
SpaceX AI investment gamble will make it a big winner, firm says
