News
SpaceX to launch one of its last old-gen Falcon 9s in upcoming launch
One of SpaceX’s rapidly shrinking fleet of older Falcon 9 launch vehicles has rolled out to the company’s California launch pad ahead of an expendable launch and fairing recovery attempt scheduled for no earlier than Tuesday (NET) 12:47 pm PST/19:47 UTC May 22.
Although SpaceX may have inaugurated a new era of truly reusable rocketry with the debut of Falcon 9 Block 5 earlier this month, there are still a number of older Falcon 9 boosters (all flight-proven) awaiting their second and final flights. At the moment, a minimum of four cores remain, including the sooty Falcon 9 first stage captured earlier this evening by Teslarati photographer Pauline Acalin.
Foreshadowing its imminent watery demise with a lack of landing legs, this particular booster (B1043) previously launched the mysterious and controversial Zuma mission in January 2018, a classified payload claimed (sans convincing evidence) to have failed and reentered Earth’s atmosphere mere hours after reaching orbit. While it’s possible that the mission was a failure, at the moment unsteadily blamed on the failure of a Northrop Grumman-designed payload adapter and deployment mechanism, it’s far more probable that the apparently wildly-expensive satellite is still in orbit.
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- Falcon 9 B1043 lifts off for the first time with Zuma on January 7. (Tom Cross/Teslarati)
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- After landing at LZ-1, B1043 was refurbished in approximately four months. (SpaceX)
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- On May 21, the rocket was rolled out to SLC-4E on the opposite coast of its first launch, ready for one final flight. (Pauline Acalin)
Checking the pulse of Earth’s gravity
Regardless, the same SpaceX rocket booster responsible for lifting Zuma and the Falcon 9 upper stage out of the atmosphere is now ready to launch a new payload at SLC-4E, a launch pad stationed in Vandenberg Air Force Base. B1043’s second orbit-destined payload is a compliment of seven satellites: five are of the Iridium NEXT variety and the remaining satellites make up a scientific mission and technology demonstrator known as GRACE-FO (FO for Follow-On).
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- The two GRACE-FO satellites are stacked atop five Iridium NEXT communications satellites. (NASA)
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- SpaceX is already fairly experienced with launching multi-satellite missions and building custom payload adapters. (NASA)
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- A combination of scientific satellites and five Iridium NEXT communications satellites preparing for launch in May 2018. (NASA)
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- During a normal Iridium NEXT launch, two groups of five satellites are stacked on top of each other. Here, the top stack was replaced by NASA/DLR’s GRACE-FO spacecraft. (NASA)
Following in the footsteps of the original GRACE’s (Gravity Recovery and Climate Experiment) 15 year orbital tenure, GRACE-FO is effectively the same mission with significantly upgraded hardware – the biggest experimental component is actually an advanced laser interferometer designed to measure the distance between the two satellites (roughly equivalent to the distance between LA and San Diego) with the precision of a single micrometer (10-100x smaller than the width of a human hair). At that level of precision, the pair of satellites can detect minute changes in Earth’s gravity, to the extent that they can actually observe droughts, floods, and ice melt through the change in gravity caused by the movement of large (i.e. heavy) quantities of water. If the experimental laser ranging technology works as intended, it will be at least ten times more accurate than the microwave-ranging technology also installed on the follow-on satellites.
SpaceX’s rocket fleet makes way for Block 5
On the SpaceX side of things, Falcon 9 B1043 will be expended after dutifully completing the launch of Iridium-6/GRACE-FO, although the presence of grid fins on the rocket indicates that SpaceX will likely continue a regime of soft-landing recovery tests to optimize and flesh out the limits of Falcon 9’s capabilities. At first glance, the tradeoff of expending entire rocket boosters able to be (relatively inefficiently) refurbished for considerably more than two flights seems extreme and inadvisable. However, SpaceX is presumably ravenous for data on the survivable envelope of Falcon 9 performance – particularly reuse – in advance of the complete transition to the rocket’s Block 5 iteration, a significant upgrade likely to come hand in hand with a more pronounced aversion to expendable missions given each booster’s design lifespan of 10 to 100 missions. At that level of reusability, expending Falcon 9 Block 5s would truly become comparable with the absurdity of trashing an airliner after one or a handful of flights, an (in)famous talking point used by Elon Musk over his years of public SpaceX discussions.
The rocket displays its gritty, beautiful suit of soot ahead of its final launch. (Pauline Acalin)
Thus, if SpaceX can gather data that might enable future Falcon 9 Block 5 recoveries by expending much less valuable Block 3 and 4 boosters, the payoff would be irresistible once examined with a long-term outlook. In the sense that Block 5 may be capable of magnitudes more flights with considerably cheaper refurbishment, the literal elemental value of the hardware – in the likely event that Block 5 production is more capital-intensive than Block 3/4 – is more or less irrelevant for an aversion to expending Block 5 boosters.
Rather, what is lost alongside an expendable Block 5 mission is instead the comparatively vast amount of revenue locked within dozens of additional highly-profitable launches each expended booster could have supported. From that perspective, expending Block 3s and 4s to gather data might be accurately compared to destroying single-pilot Cessnas to improve the utility of a 747 airliner.
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After B1043 is expended, only three obvious flightworthy cores will remain outside of the gradually growing Falcon 9 Block 5 fleet (just two boosters, currently). In order of anticipated launch, these three missions are SES-12 (NET May 31), CRS-15 (NET June 28), and the Crew Dragon in-flight abort test (NET Q4 2018). Barring the unexpected refurbishment of an older flight-proven core for a third mission, these final three missions will bring to a close the inherently temporary era of partially-reusable SpaceX rockets – in the words of Elon Musk, Block 5 would thus signify that SpaceX has moved from “the dog that caught the bus” to, perhaps, the dog that caught the bus and then learned how to drive and maintain it. Somewhere in the middle of those final throes of old-guard Falcons will be an ever-increasing cadence of Block 5 launches and re-launches, likely including the first manifest-necessitated reuse of a Block 5 booster sometime this summer.
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- Falcon 9 B1045 shows off its own Fairing 2.0 ahead of the launch of TESS. (NASA)
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- Chuck Bennett captured Mr Steven conducting high-speed maneuvers with its new, yellow net installed, May 17. (Charles Bennett/@chuckbennett)
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- Not nearly enough net, as it turned out. (Pauline Acalin, May 2018)
Meanwhile, despite the sealed fate of the rocket’s booster, tomorrow’s launch will debut fairing-catcher Mr Steven’s new and improved net. With the introduction of an upgraded net and what can only be described as back-to-back days of relentless ocean-going practice over the last two weeks, it’s entirely possible that Iridium-6/GRACE-FO will be able to lay claim to the first successful catch of a payload fairing following an orbital rocket launch. Fingers crossed.
Follow the mission live on SpaceX’s webcast at 12:30 pm PST on Tuesday, May 22, and make sure to check back at Teslarati over the course of the week as photographer Pauline Acalin covers Mr Steven’s return to Port of San Pedro.
Follow us for live updates, behind-the-scenes sneak peeks, and a sea of beautiful photos from our East and West coast photographers.
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Tom Cross – Twitter
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Pauline Acalin – Twitter
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Elon Musk
The Boring Company’s newest tunnel vehicle runs on Tesla parts and no one is driving it
The Boring Company’s new tunnel vehicle runs on Tesla Model 3 batteries and drive units.
The Boring Company just introduced a new piece of hardware, and it runs on parts pulled straight from a Tesla showroom. Liner Truck 3, unveiled in a post from the tunneling company’s official X account, is an all electric vehicle built around Tesla Model 3 battery packs and drive units, purpose built to move concrete tunnel segments to the boring machine face without a single person underground.
Introducing Liner Truck 3 — our latest fully electric tunnel vehicle.
– Tesla Model 3 battery and drive units
– Transports 22,000+ lb of concrete segments to the boring machine
– 28 miles of range
– 12 mph max operating speed
– Remotely piloted from Global OCC in Texas, with… pic.twitter.com/XB7FgSXnpy— The Boring Company (@boringcompany) August 7, 2026
The job itself is unglamorous but critical. Each precast segment run weighs more than 22,000 pounds, roughly the load of a full cement mixer, and Liner Truck 3 hauls that weight repeatedly between the surface staging area and wherever the Prufrock machine happens to be cutting.
The Boring Company said Liner Truck 3 is piloted remotely out of its Global Operations Control Center in Texas, extending the Zero-People-In-Tunnel approach the company has spent years building toward. An earlier version of a ZPIT liner truck was already tested at the company’s Bastrop, Texas research tunnels, and a factory tour released last month showed an employee flying a fully loaded liner truck with a PlayStation controller. Liner Truck 3 looks like the production version of that same idea, cleaned up and pushed into daily use.
The timing lines up with a company digging in more places than it ever has before. The Boring Company now has multiple Prufrock machines active or arriving in Nashville, where Music City Loop construction has been accelerating since February, and its Vegas Loop network keeps adding tunnel mileage on a near monthly basis. Every one of those projects depends on getting concrete segments to the cutting face fast enough to keep the boring machine from idling, which is exactly the bottleneck Liner Truck 3 is designed to remove.
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It also reinforces something Tesla owners have watched happen gradually across Musk’s companies: passenger car hardware finding a second life in heavy equipment. Model 3 drive units already move people through the Vegas Loop, and now the same components are hauling concrete underground in Nashville and wherever The Boring Company digs next. Whether that kind of component reuse extends further into TBC’s equipment lineup, or into other Musk owned industrial hardware, is the next thing worth watching.
SpaceX stock did the opposite of what most of Wall Street expected this week, when the day designed to be its most dangerous turned into a rally, and the rally kept going.
Thursday marked the first major lockup expiration since SpaceX’s June IPO, making roughly 911.5 million insider held shares eligible to trade for the first time, more than doubling the company’s public float. Analysts and short sellers had spent weeks bracing for a flood of selling, especially after the stock fell 13 percent following its first earnings report as a public company on Tuesday. Instead, shares rose 6.1 percent Thursday to close at $114.92, and by Friday they were trading near $129, up more than another 12 percent on the day.
SpaceX shorts get warned by Musk ally, echoing Tesla’s early struggles
The setup made the outcome notable. Short interest had climbed to roughly 34 percent of the float heading into earnings, among the highest of any large cap stock, with about 95 percent of available shares to borrow already on loan. CEO Elon Musk warned short sellers twice in the weeks before the lockup, writing on X that “the survival probability of firms who maintain a significant short position in SpaceX over time is very low,” then following up on the morning of earnings with “I try to warn them, but they just double down.”
When the newly unlocked shares hit the market and the selloff never showed up, some of that short position appears to have started unwinding. TipRanks reported that options activity shifted toward bullish strategies like put selling and risk reversals following the rally, with roughly $600 million in options premium trading Thursday alone. Retail buyers also stepped in during the earnings dip, according to Vanda Research.
The fundamentals behind the stock have not changed much in a week. SpaceX’s revenue nearly doubled year over year to $7.8 billion, with Starlink subscribers doubling to 12 million and the company’s AI segment growing 247 percent. What spooked investors on Tuesday was the spending side. Capital expenditures jumped to more than $18 billion for the quarter, up from $2.8 billion a year earlier, with AI investment alone rising from $749 million to $15.8 billion. Wall Street remains split on whether that spending is building infrastructure SpaceX needs or outrunning what the business can currently support, a debate Teslarati has tracked since shares first came under pressure.
None of that resolves the bigger question hanging over the stock. Thursday’s release was only the first of nine staggered lockup tranches, with roughly $800 billion worth of additional shares scheduled to become eligible through October, and Musk’s own stake stays locked until next June. If this week is any indication, the market is treating that supply as something it can absorb rather than something to fear, at least for now.
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News
The Boring Company’s newest Vegas Station has a permit quietly waiting behind it
Sahara Las Vegas opened a new Vegas Loop station, joining an exclusive two resort transit club.
Sahara Las Vegas opened a new Vegas Loop station Thursday, giving The Boring Company’s underground transit system its northernmost stop yet on the Strip. The station sits at Sahara’s Paradise Road entrance, on the southeast corner of Las Vegas Boulevard and Sahara Avenue, and connects riders to the Las Vegas Convention Center, other Strip resorts on the network and, eventually, Harry Reid International Airport.
The addition makes Sahara the second resort, after Fontainebleau opened its own station in January, to get a stop built at street level rather than tucked into the property itself. Sahara now joins Westgate as the only two Strip resorts offering both a Vegas Loop station and a stop on the Las Vegas Monorail, giving guests two separate ways to get around without leaving the property.
The Boring Company just doubled its tunneling power in Nashville
The bigger news buried in Thursday’s announcement is what comes next. Boring Company has already secured its first permit to tunnel north of Sahara Avenue, extending the network beyond where it currently ends, even though permits to push the Loop toward downtown Las Vegas still haven’t been granted. Crews are also working on a two mile dual tunnel line running from Westgate to a planned station at 4744 Paradise Road, just north of Tropicana Avenue, that Las Vegas Convention and Visitors Authority CEO Steve Hill has said the company hopes to open in time for November’s Las Vegas Grand Prix.
Ridership has grown alongside the buildout. The Loop moved roughly 82,000 passengers during CONEXPO in early March, a total the company highlighted on its own X account at the time, and the system has now carried more than 4 million passengers through 11 open stations since it began running in 2021. The airport connector tunnels, meant to give the Loop a direct link to Harry Reid, have slipped past their original first quarter target and remain under construction, with Boring Company director Mike Baier saying that a full opening is still a few months out.
For Sahara, the calculation is straightforward. Convention traffic drives a large share of Loop ridership, and a station at the property’s front door gives conventiongoers one more reason to book rooms on the Strip’s north end instead of closer to the convention center itself.
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The Boring Company’s newest tunnel vehicle runs on Tesla parts and no one is driving it
Elon Musk and SpaceX shrugs off the trading day Wall Street feared most
