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SpaceX adds new ship to fleet after fairing catcher Ms. Tree nails second recovery in a row

Ms. Chief (right) is likely about to become an almost identical twin to fairing recovery vessel Ms. Tree (formerly Mr. Steven). (SpaceX, Gulf Craft, LLC)

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In a telltale sign that SpaceX is growing much more confident in its ability to consistently recover Falcon 9 fairings, the company has accepted delivery of second recovery ship almost identical to GO Ms. Tree (formerly Mr. Steven) just days after nailing its second fairing catch in a row.

Previously known as M/V Captain Elliott, the new ship appears to have been acquired (or leased) by Guice Offshore (GO) from SEACOR Marine, who purchased Elliott from struggling marine services company Seatran Marine in 2017. One way or another, SpaceX now has a pair of Port Canaveral-based fairing recovery ships in hand – named Ms. Tree and Ms. Chief – and is thus making excellent progress towards catching and reusing both halves of the same Falcon 9 (or Heavy) fairing.

Splurging on ‘ships

Put simply, whoever is paying for or has paid for the two fast supply vessels (FSVs) that are now a part of SpaceX’s rocket recovery fleet has/had a tidy sum to spend. For ships as large, new, and high-performance as Ms. Tree and Ms. Chief, both completed in the mid-2010s, SpaceX or GO would be lucky to pay less than $10M apiece and each ship could easily cost more than $20M, depending on a variety of unknowns. Previous owner Seatran Marine is/was admittedly in dire financial straits, so that could have resulted in an effective fire-sale discount.

Regardless, this is to say that SpaceX was likely willing to splurge and open its wallet wide for extremely high-quality fairing recovery vessels because of just how expensive those fairings are. According to CEO Elon Musk circa 2017, it costs SpaceX $5-6M total to produce a set of Falcon fairing halves, equivalent to roughly 10% of the cost of a Falcon 9 launch ($50M-60M).

Falcon 9 and Heavy fairings are a relatively small portion of the overall cost of launch, but they are by no means cheap. (SpaceX)

As an example, assume that SpaceX paid a full $50M for Ms. Tree and Ms. Chief – effectively a worst-case cost scenario. Assume that recovering and reusing net-caught Falcon fairings still costs half as much as building new fairings ($3M for two halves), also likely a worst-case scenario given the relative mechanical and propulsive simplicity of fairings.

In this mediocre-at-best scenario, it would still take SpaceX less than 20 launches with both halves recovered to completely recoup the cost of both fairing recovery ships. In the event that reusing caught fairings is only 25% as expensive as building new fairings, SpaceX could recoup its fleet investments in just 10 launches. In fact, cost reduction may even be a secondary consideration next to the potential for effectively doubling fairing production with the same facilities. From that perspective, spending, say, $50M on development and another $50M on cutting-edge recovery vessels could easily be a bargain, especially compared to the $1B+ SpaceX has spent deloping Falcon 9 booster reusability.

USAF photographer James Rainier's remote camera captured this spectacular view of Falcon Heavy Block 5 side boosters B1052 and B1053 returning to SpaceX Landing Zones 1 and 2. (USAF - James Rainier)
This did not come cheaply. Neither, it seems, has fairing recovery. (USAF)

Fairing-catcher Mk4

With GO Ms. Chief’s August 10th arrival at Port Canaveral, SpaceX’s team of Florida-based recovery engineers and technicians will now be tasked with modifying the ship for Falcon fairing catching. SpaceX completed its first fairing recovery-focused modifications back in late 2017, likely producing what was the first version of fairing recovery tech (Mk1). The net proved to be far too small and was replaced in summer 2018 with a net and arms likely 4X larger (Mk2).

With a bit of luck, Mr Steven will likely return to about 24 hours after Iridium-6/GRACE-FO's launch, hopefully with a fairing half in two. (Pauline Acalin)
Not nearly enough net, as it turned out. (Pauline Acalin, May 2018)
Mr. Steven is pictured here just days before departing for the Panama Canal and a new home at Port Canaveral. (Pauline Acalin, 01/22/19)

Roughly half a year and several missed catches after Mr. Steven’s Mk2 net was installed, the ship transited the Panama Canal and arrived at Port Canaveral in February 2019. Barely a week or two later, Mr. Steven suffered a failure at sea – well before a planned catch attempt – that saw the ship limp back to port missing the entirety of its net and two of four arms.

After another four months in port, SpaceX installed a third net and arms system on Mr. Steven, featuring distinct differences and apparent upgrades that likely make it Mk3. Shortly after installation and a quick renaming from Mr. Steven to GO Ms. Tree, Ms. Tree’s inaugural Mk3 recovery attempt culminated in SpaceX’s first and second successful fairing catches – back-to-back – on June 24th and August 6th.

Finally, this brings us to the blank slate that is GO Ms. Chief. Compared to Ms. Tree, both vessels are nearly identical: both are built by Gulf Craft, LLC, both are 205 ft x 34 ft (62m x 10m), both have decks rated for ~405 metric tons (900,000 lb), and have top speeds of 26-32 knots (30-37 mph, 50-60 km/h; fully-loaded vs. empty). The lone point of difference is power: Ms. Chief’s engines produce 500 more horsepower and its generators produce an additional 120 kW of power, respective improvements of 5% and 16% relative to Ms. Tree (Mr. Steven).

Despite both ships being nearly identical, SpaceX is unlikely to simply copy and paste Ms. Tree’s thus far successful arms and net, likely instead doing what the company is famous for and fabricating a new and improved variant of the fairing recovery mechanism. This would presumably translate to Mk4. Conveniently, SpaceX appears to be heading into a rare period of no launches, likely stretching almost three months from August 6th (AMOS-17) to late October.

If Mr. Steven and Ms. Tree’s transformations are anything to go by, that hefty chunk of time that should be more than sufficient to fully outfit Ms. Chief with a fresh fairing recovery mechanism, assuming SpaceX has been simultaneously fabricating the hardware in anticipation of Ms. Chief’s arrival.

For now, we’ll have to wait and see if SpaceX’s next launches – both believed to be 60-satellite Starlink missions – will mark the recovery debut of Ms. Chief, as well as the first attempted catch of both Falcon fairing halves. Additionally, following SpaceX’s second successful fairing half catch on August 6th, it’s possible that the company has two recovered halves capable of making a full, flight-proven fairing. Either way, a Starlink launch will likely support the flight-debut of a reused fairing and will almost certainly host the first attempted simultaneous recovery of both fairing halves.

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Eric Ralph is Teslarati's senior spaceflight reporter and has been covering the industry in some capacity for almost half a decade, largely spurred in 2016 by a trip to Mexico to watch Elon Musk reveal SpaceX's plans for Mars in person. Aside from spreading interest and excitement about spaceflight far and wide, his primary goal is to cover humanity's ongoing efforts to expand beyond Earth to the Moon, Mars, and elsewhere.

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Tesla ends Full Self-Driving purchase option in the U.S.

In January, Musk announced that Tesla would remove the ability to purchase the suite outright for $8,000. This would give the vehicle Full Self-Driving for its entire lifespan, but Tesla intended to move away from it, for several reasons, one being that a tranche in the CEO’s pay package requires 10 million active subscriptions of FSD.

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Credit: Tesla

Tesla has officially ended the option to purchase the Full Self-Driving suite outright, a move that was announced for the United States market in January by CEO Elon Musk.

The driver assistance suite is now exclusively available in the U.S. as a subscription, which is currently priced at $99 per month.

Tesla moved away from the outright purchase option in an effort to move more people to the subscription program, but there are concerns over its current price and the potential for it to rise.

In January, Musk announced that Tesla would remove the ability to purchase the suite outright for $8,000. This would give the vehicle Full Self-Driving for its entire lifespan, but Tesla intended to move away from it, for several reasons, one being that a tranche in the CEO’s pay package requires 10 million active subscriptions of FSD.

Although Tesla moved back the deadline in other countries, it has now taken effect in the U.S. on Sunday morning. Tesla updated its website to reflect this:

There are still some concerns regarding its price, as $99 per month is not where many consumers are hoping to see the subscription price stay.

Musk has said that as capabilities improve, the price will go up, but it seems unlikely that 10 million drivers will want to pay an extra $100 every month for the capability, even if it is extremely useful.

Instead, many owners and fans of the company are calling for Tesla to offer a different type of pricing platform. This includes a tiered-system that would let owners pick and choose the features they would want for varying prices, or even a daily, weekly, monthly, and annual pricing option, which would incentivize longer-term purchasing.

Although Musk and other Tesla are aware of FSD’s capabilities and state is is worth much more than its current price, there could be some merit in the idea of offering a price for Supervised FSD and another price for Unsupervised FSD when it becomes available.

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Elon Musk

Musk bankers looking to trim xAI debt after SpaceX merger: report

xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. A new financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year.

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Credit: SpaceX

Elon Musk’s bankers are looking to trim the debt that xAI has taken on over the past few years, following the company’s merger with SpaceX, a new report from Bloomberg says.

xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. Bankers are trying to create some kind of financing plan that would trim “some of the heavy interest costs” that come with the debt.

The financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year. Musk has essentially confirmed that SpaceX would be heading toward an IPO last month.

SpaceX IPO is coming, CEO Elon Musk confirms

The report indicates that Morgan Stanley is expected to take the leading role in any financing plan, citing people familiar with the matter. Morgan Stanley, along with Goldman Sachs, Bank of America, and JPMorgan Chase & Co., are all expected to be in the lineup of banks leading SpaceX’s potential IPO.

Since Musk acquired X, he has also had what Bloomberg says is a “mixed track record with debt markets.” Since purchasing X a few years ago with a $12.5 billion financing package, X pays “tens of millions in interest payments every month.”

That debt is held by Bank of America, Barclays, Mitsubishi, UFJ Financial, BNP Paribas SA, Mizuho, and Société Générale SA.

X merged with xAI last March, which brought the valuation to $45 billion, including the debt.

SpaceX announced the merger with xAI earlier this month, a major move in Musk’s plan to alleviate Earth of necessary data centers and replace them with orbital options that will be lower cost:

“In the long term, space-based AI is obviously the only way to scale. To harness even a millionth of our Sun’s energy would require over a million times more energy than our civilization currently uses! The only logical solution, therefore, is to transport these resource-intensive efforts to a location with vast power and space. I mean, space is called “space” for a reason.”

The merger has many advantages, but one of the most crucial is that it positions the now-merged companies to fund broader goals, fueled by revenue from the Starlink expansion, potential IPO, and AI-driven applications that could accelerate the development of lunar bases.

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Tesla pushes Full Self-Driving outright purchasing option back in one market

Tesla announced last month that it would eliminate the ability to purchase the Full Self-Driving software outright, instead opting for a subscription-only program, which will require users to pay monthly.

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Credit: Tesla

Tesla has pushed the opportunity to purchase the Full Self-Driving suite outright in one market: Australia.

The date remains February 14 in North America, but Tesla has pushed the date back to March 31, 2026, in Australia.

Tesla announced last month that it would eliminate the ability to purchase the Full Self-Driving software outright, instead opting for a subscription-only program, which will require users to pay monthly.

If you have already purchased the suite outright, you will not be required to subscribe once again, but once the outright purchase option is gone, drivers will be required to pay the monthly fee.

The reason for the adjustment is likely due to the short period of time the Full Self-Driving suite has been available in the country. In North America, it has been available for years.

Tesla hits major milestone with Full Self-Driving subscriptions

However, Tesla just launched it just last year in Australia.

Full Self-Driving is currently available in seven countries: the United States, Canada, China, Mexico, Australia, New Zealand, and South Korea.

The company has worked extensively for the past few years to launch the suite in Europe. It has not made it quite yet, but Tesla hopes to get it launched by the end of this year.

In North America, Tesla is only giving customers one more day to buy the suite outright before they will be committed to the subscription-based option for good.

The price is expected to go up as the capabilities improve, but there are no indications as to when Tesla will be doing that, nor what type of offering it plans to roll out for owners.

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