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SpaceX’s Mr Steven spotted in high-speed test at sea with upgraded net
SpaceX’s newly-outfitted recovery vessel Mr Steven was recently captured conducting aggressive maneuvers off the coast of Port of Los Angeles, just days after the vessel’s massive new arms and net were installed for the first time. The intense pace of upgrades and acceptance testing confirm beyond any reasonable doubt that SpaceX does not intend to waste its next Falcon 9 fairing recovery attempt, set to accompany the July 25th launch of Iridium-7.
The iconic fairing recovery vessel has – for the past three or four weeks – been undergoing major upgrades to its arms or claws, as well as a massive, new net spanning nearly 0.9 acres (3700 m²). With what appears to be a genuine fourfold increase in usable area for fairing recoveries, SpaceX likely has a very strong chance of actually pulling off its first successful catches and reuses of Falcon 9 payload farings, valued at roughly 5% of the rocket’s cost ($3 million per a $60 million base price) per half. Manufacturing cost and price to the customer are difficult to compare, but it at least offers a hint of the full cost of each ~800 kg segment of carbon fiber and aluminum honeycomb.
Mr Steven seen just after a day spent conducting sea-trials a few miles offshore, July 14. (Pauline Acalin)
Based on photos and video captured between July 12 and 15, Mr Steven’s crew and recovery technicians appeared to waste no time at all leaping from arm and net installation to sea-trials of the new hardware at least as extreme as anything previously observed from the SpaceX-leased vessel. Less than half an hour after leaving the harbor for the first time since his massive new arms arrived, Marinetraffic tracking data showed that Mr Steven was already performing aggressive turns and sprints at speeds up to 20 knots (~25 mph), fairly impressive given the vessel’s 200 foot (62 meter) length and gross weight of nearly 200,000 pounds (82,000 kg).
While this may seem impressive, Mr Steven is a class of ship known as a Fast Supply Vessel (FSV) designed to routinely transport a full 400 metric tons of cargo on its deck at cruising speeds of 23 knots (27 mph), which means that the only thing Mr Steven’s wildly expansive arms likely challenge is the vessel’s center of gravity (balance), hence the follow-up tests with hard turns at high speed.
Also of interest, an extraordinary video of some of that testing – unofficially captured, somehow, by drone – showed the ship aggressively maneuvering in reverse, an ability that could come in useful during recovery attempts if the expanded net’s coincidental protection of Mr Steven’s cockpit means that it can become a less fixed element, actively seeking out falling fairings to help close the gap on each parasailing half’s 50 meter error margin.
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- Mr Steven makes some serious waves, using his pod thrusters to strafe backwards at 5-10 knots. (anonymous)
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- It’s subtle, but a small plus sign appears to ‘mark the spot’ on Mr Steven’s new net, stretching roughly 60×60 meters. (anonymous)
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- Mr Steven shows off the fancy new rigging of that upgraded net. (Pauline Acalin)
Another opportunity fast approaches
Previously scheduled for July 20, Iridium’s NEXT 7 multi-satellite launch was pushed back a handful of days to July 25 to give SpaceX engineers and technicians additional time to prepare what is the company’s third Block 5 Falcon 9 to roll off its Hawthorne, CA assembly line. While suboptimal for the customer and for SpaceX’s manifest, that slight delay very likely padded slim schedule margins for Mr Steven’s major arm upgrades, meaning that the vessel will now be able to participate in the imminent launch’s recovery operations. After the first flightworthy vehicle’s debut in May 2018, SpaceX’s rocket production has ramped up in quite an extreme fashion, jumping from four first stages produced in six months to another three or four boosters completed and tested in Texas in just two months.
While the transportation of Falcon fairings and upper stages is far harder to keep track of, production of those critical components of the rocket have also reached throughput levels that are new territory for SpaceX, including an impressive statistic of an average of one full Merlin 1D rocket engine manufactured daily according to an individual with experience on the factory floor.
The Block 5 iteration of the workhorse SpaceX vehicle is in many ways a wholly new rocket, featuring an array of upgrades that include new heat shielding at the rocket’s base, interstage, and legs; retractable landing legs, upgraded Merlin 1D engines, and a clean-sweep refresh of the vehicle’s avionics, to name just a handful of the major changes included.
SpaceX technicians wrench on a trio of varied Merlin 1Ds in McGregor, Texas, where every single engine is test-fired before being attached to a Falcon 9. (SpaceX)
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The Tesla Model Y became the first-ever car to reach a legendary Norwegian milestone, surpassing 100,000 new registrations after gaining a reputation as one of the most popular vehicles in the country and the world.
As of May 20, Norwegian authorities have registered 100,224 units of the electric SUV, according to data from local outlet Opplysningsrådet for veitrafikken (OFV).
By population, roughly one in every 29 passenger cars on Norwegian roads is now a Model Y, underscoring its rapid rise as a national favorite.
Since the first deliveries in August 2021, the Model Y has transformed from a newcomer to a staple in Norwegian traffic.
Tesla back on top as Norway’s EV market surges to 98% share in February
Geir Inge Stokke, the Managing Director of OFV, described the achievement as “remarkable,” noting that few single models have gained such traction so quickly. “Tesla Model Y has hit the Norwegian market spot on, and the numbers illustrate how fast the EV market has developed here,” Stokke said.
The Model Y’s success reflects Norway’s aggressive push toward electrification. Nearly nine out of ten units, 87.6 percent, to be exact, are privately registered, with the remaining 12.4 percent on company plates. Owners span the country, from major cities to smaller municipalities, proving it is no longer just an urban or niche vehicle but a true “people’s car.
Who is Buying Tesla Model Ys in Norway?
Typical Model Y drivers are men in their early 40s. The average registered user age is 44, with 83 percent male and 17 percent female. Stokke noted that household usage often extends beyond the primary registrant, broadening the vehicle’s real-world appeal.
Geographically, adoption concentrates in urban centers with strong charging infrastructure. Oslo leads with 16,861 registrations (16.82 percent of the national total), followed by Bergen (7,450), Bærum (4,313), and Trondheim (4,240).
The top five municipalities—Oslo, Bergen, Bærum, Trondheim, and Asker—account for 35,463 units, or about 35 percent of all Model Ys. Yet the vehicle’s presence outside big cities highlights its broad acceptance.
Growth Trajectory and Popularity
Tesla built a lot of sales momentum in a short amount of time. In 2021, registrations closed out at 8,267, but more than doubled to more than 17,000 units in 2022 and more than 23,000 units in 2023. 2025 was the company’s strongest year yet, as Tesla managed to record 27,621 registrations.
Through 2026, Tesla already has 7,036 registrations.
Tesla’s Global Success with the Model Y
Tesla has tasted so much success with the Model Y; it has been the best-selling car in the world three times, it has dominated EV sales in numerous countries, and contributed to a mass adoption of electric vehicles across the planet.
As Stokke emphasized, the Model Y’s journey from newcomer to icon mirrors Norway’s broader success story. With robust incentives that push sales, excellent infrastructure, and consumer eagerness to transition to sustainable powertrains, the country continues setting global benchmarks in sustainable mobility.
The Tesla Model Y stands as a shining example of how quickly change can happen when conditions align.
SpaceX has disclosed the full financial details of its groundbreaking agreement with Anthropic, confirming that the AI company will pay $1.25 billion per month for dedicated high-performance computing resources.
The revelation came through SpaceX’s latest securities filing in preparation for its initial public offering, shedding light on one of the largest compute deals in the artificial intelligence sector to date. The prospectus was released last night, as SpaceX is heading toward its IPO.
This arrangement underscores the fierce demand for specialized infrastructure as frontier AI models require unprecedented levels of processing power to train and operate effectively. Industry analysts see the disclosure as a significant milestone, highlighting how top AI labs are locking in massive capacity to stay ahead in a rapidly accelerating field.
For SpaceX, it feels like a massive move that pushes its perception as a company from space exploration to artificial intelligence.
SpaceX is following in Tesla’s footsteps in a way nobody expected
The comprehensive deal grants Anthropic exclusive access to SpaceX’s Colossus clusters, encompassing Colossus I and the substantially expanded Colossus II, which together deliver hundreds of megawatts of power along with more than 200,000 NVIDIA GPUs.
Payments extend through May 2029, totaling nearly $45 billion overall; capacity is scheduled to ramp up during May and June 2026 at an initial discounted rate to facilitate seamless integration. Both companies retain the option to terminate the agreement with ninety days’ notice, so there is definitely some flexibility for both.
This pact not only enhances Anthropic’s ability to scale usage limits for Claude users but also injects substantial recurring revenue into SpaceX, bolstering its expansion into advanced data center operations and future orbital computing initiatives.
Observers describe the collaboration between the two companies as strategically advantageous because it gives Anthropic cutting-edge AI development the opportunity to collaborate with SpaceX’s expertise in rapid, large-scale infrastructure deployment.
This disclosure arrives at a pivotal moment when computing resources have become the primary bottleneck for AI progress.
As leading organizations compete to build more powerful systems, securing reliable, high-density facilities has emerged as a key differentiator.
SpaceX’s sites, such as those in Memphis, offer superior power availability and advanced cooling solutions that set them apart from conventional providers. For Anthropic, the added capacity is expected to deliver tangible improvements, including extended context windows, quicker inference times, and innovative features that appeal to both enterprise clients and individual users.
Looking ahead, the partnership paves the way for ambitious joint projects, including potential space-based AI compute platforms designed to overcome terrestrial limitations on energy and thermal management. Such efforts could redefine sustainable computing at massive scales.
Financially, the deal solidifies SpaceX’s diverse revenue profile ahead of its public market debut, extending beyond traditional aerospace activities. The massive check SpaceX will cash each month opens up the idea that additional
While some experts question the sustainability of these enormous expenditures given ongoing efficiency gains in AI architectures, the commitment reflects a strong belief in sustained demand growth.
The agreement also exemplifies productive synergies across sectors, with aerospace engineering insights optimizing AI hardware performance. As global attention on technology concentration increases, arrangements of this nature may help shape equitable access to critical resources.
Elon Musk
SpaceX just filed for the IPO everyone was waiting for
SpaceX filed its public S-1, revealing $18.7 billion in revenue and billions in losses.
SpaceX publicly filed its S-1 registration statement with the Securities and Exchange Commission on May 20, 2026, making its financial details available to the public for the first time ahead of what could be the largest IPO in history.
An S-1 is the formal document a company must submit to the SEC before going public. It includes audited financials, risk factors, business descriptions, and how the company plans to use the money it raises. Companies are required to file one before selling shares to the public, and it must be published at least 15 days before the investor roadshow begins. SpaceX had already submitted a confidential draft to the SEC in April, which allowed regulators to review the filing privately before it went public.
The S-1 reveals that SpaceX generated $18.7 billion in consolidated revenue in 2025, driven largely by its Starlink satellite internet division, which posted $11.4 billion in revenue, growing nearly 50% year over year. Despite that growth, the company lost about $4.9 billion in 2025 and has burned through more than $37 billion since its founding.
SpaceX just forced Verizon, AT&T and T-Mobile to team up for the first time in history
A significant portion of those losses trace back to xAI, Elon Musk’s artificial intelligence company, which was recently merged into SpaceX. SpaceX directed roughly 60% of its capital spending in 2025 to its AI division, totaling around $20 billion, yet that division lost billions and grew revenue by only about 22%.
SpaceX plans to list its Class A common stock on Nasdaq under the ticker SPCX, with Goldman Sachs, Morgan Stanley, and Bank of America leading the offering. The dual-class share structure means going public will not meaningfully reduce Musk’s control, as Class B shares he holds carry 10 votes per share compared to one vote for public Class A shares.
The company is targeting a raise of around $75 billion at a valuation of roughly $1.75 trillion, which would make it the largest IPO ever. The investor roadshow is reportedly planned for June 5.
Tesla Model Y becomes first-ever car to reach legendary milestone
SpaceX reveals what Anthropic will pay for massive compute deal
