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SpaceX’s Pacific rocket recovery fleet heads to sea for Western Block 5 debut
SpaceX drone ship Just Read The Instructions was spotted by Teslarati photographer Pauline Acalin departing Port of Los Angeles on the evening of July 22, while fairing catcher Mr Steven completed final checkouts and full installation of his massive new net, hopefully just days away from the first successful fairing catch. Their call to action, Iridium NEXT-7, is scheduled to launch NET 04:39 PDT/11:39 UTC, July 25th.
Over the course of July, both vessels have been undergoing significant maintenance and upgrades. Mr Steven’s was perhaps the most extreme – his original arm and net apparatus was removed in its entirety and replaced with a massively upgraded system of arms, booms, and a brand new net, well and truly expanding the vessel’s catching area by a factor of four.
With a new net and arm span stretching at least 60 meters by 60 meters, Mr Steven’s improved fairing catching mechanism is now almost the same size as the landing area aboard SpaceX’s two autonomous spaceport drone ships – roughly 200ft x 300ft (60m x 90m). While presumably a pure coincidence, the size parallels apparently necessary to recover two very different components of Falcon 9 – the booster rocket and the payload fairings – is rather satisfying.
A last hurrah?
Intriguingly, ASDS Just Read The Instructions has stoically remained at SpaceX’s Port of San Pedro, CA berth for more than nine months, wholly unused despite the fact that the company has completed four additional missions since its last tasked booster recovery (October 2017, Iridium-3). It’s not a coincidence that all four of those Vandenberg AFB missions featured boosters that had already successfully launched and landed once before – SpaceX made a habit over the last four months of intentionally expending Falcon 9 boosters after their second missions, even when the launch conditions would allow for booster recovery.
This mission will thankfully bring an end to that understandable but still-painful practice, thanks to Iridium-7’s new Block 5 booster, B1048. Many of the months JRTI spent at berth were without the pod thrusters the drone ship needs to keep itself at the proper landing point once at sea, but JRTI departed the port with a full complement of four blue thrusters on the evening of July 22. However, it’s unclear how much SpaceX will need the vessel within just a month or two from today.
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- A SpaceX technician works aboard the rain-soaked drone ship Just Read The Instructions, March 2018. (Pauline Acalin)
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- More recently, all four thrusters were installed and tested both while berthed and at sea. May 11. (Pauline Acalin)
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- JRTI captured conducting sea-trials by photographer Chuck Bennett. (Instagram, @chuckbennett)
At long last, SpaceX’s planned, built, and now-patiently-waiting West Coast landing zone is finally finished, permitted, and in the green to begin supporting Falcon 9 return-to-launch-site (RTLS) recoveries at Vandenberg Air Force Base. Effectively a basic copy of SpaceX’s now well-worn landing zone pair in Cape Canaveral, Florida, the company’s VAFB LZ-1 has been hinted at in two FCC launch permits for launches as early as the first and last weeks of September. Aside from Iridium launches, of which just one will remain after Iridium-7, nearly all of SpaceX’s West Coast launches are for fairly lightweight payloads that should easily allow Falcon 9 RTLS recoveries.
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- Iridium-1’s successful and scenic landing on Pacific drone ship JRTI, January 2017. This could be an increasingly rare occurrence in the Pacific, thanks to SpaceX’s new land-based landing zone. (SpaceX)
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- SpaceX’s West Coast landing zone is preparing for its debut, currently NET October 6th 2018. (Pauline Acalin/Teslarati)
Environmental conditions mean that JRTI will still be needed regularly for a handful of months (March through June) to avoid disrupting baby seals (pups, technically), but the vessel’s recovery efforts this week may be one of the last ‘off-season’ examples for months or even years to come. On the plus side, RTLS recovery at SpaceX’s VAFB landing zone will be an absolute dream for recovery technicians, as the LZ is directly beside the launch pad and hangar, where recovered Block 5 boosters can likely be refurbished or at least easily packaged and shipped to the Hawthorne factory.
For more sneak peeks and exclusive behind-the-scenes footage of SpaceX’s rocket recovery fleet, including drone ship Just Read The Instructions, be sure to subscribe to our exclusive membership program!
Tesla just gave what is perhaps its biggest signal yet that the launch of the Cybercab, its autonomous ride-hailing-geared car, is imminent.
The Cybercab has been spotted outside of Gigafactory Texas in massive numbers over the past few days, with hundreds of units being stored on property just days after the vehicle received a Certificate of Conformity from the EPA.
Today, things were a bit different.
Cybercabs spotted on Giga Texas property today had an addition: a Cybercab decal on the side, reminiscent of the “Robotaxi” ones that were placed on Model Ys just as the company launched its ride-sharing platform about a year ago.
Giga Texas drone operator Joe Tegtmeyer noticed the change today:
Tesla Cybercabs are now getting “Cybercab” logos on the side of them!
Tesla did the same with Model Ys that were given “Robotaxi” logos: https://t.co/DanANtw1m7 pic.twitter.com/FqOhH0S9Ks
— TESLARATI (@Teslarati) June 19, 2026
Tesla could be signaling that the Cybercab is preparing to enter the Robotaxi fleet in the coming weeks or months with this move. It seems more symbolic than anything; Tesla is ready to throw Cybercabs in the ride-hailing platform just as it did with Model Ys last year.
The addition of the Certificate of Conformity awarded to the Cybercab is another major factor working to Tesla’s advantage. The company now has permission from the EPA to allow the vehicle to operate on public roads and enter the chain of commerce. It’s officially street legal.
Tesla Cybercab specs revealed: range, curb weight, range ratings, and more
The big question that remains is whether Tesla will be able to operate the car without a safety monitor, especially considering it plans to put the car out there without a steering wheel or pedals. With the Cybercab only having a seating capacity of two, it is hard to believe Tesla will even consider putting a Safety Monitor in the car.
It did recently self-certify as Level 4 and has the ability to operate driverless vehicles in the State of Texas under a law that took effect on May 28. You can read more about that here:
Tesla’s Robotaxi dreams just took a massive step toward reality
We’d imagine Cybercabs will be on the roads as soon as July, but August will likely be a better estimate of when the car will be entered into the Cybercab fleet. It all depends at where Tesla is, as they’ve truly prioritized safety with the rollout of the Robotaxi platform.
Elon Musk has publicly questioned Moody’s credit assessments following the rating agency’s decision to assign SpaceX a Baa1 investment-grade rating, two notches above Tesla’s Baa3. The comments came amid discussions comparing the two companies’ financial profiles.
SpaceX earned its first-time Baa1 rating with a stable outlook from Moody’s. The agency highlighted the company’s leadership in orbital launches, the growing recurring revenue from its Starlink satellite network, strong vertical integration, U.S. government contracts, and emerging opportunities in AI infrastructure.
These factors were cited as supporting robust cash flows, margin expansion, and financial flexibility.
Musk responded directly: “Tesla’s credit rating is ridiculously low tbh,” and added, “Yeah, makes no sense. Tesla has over $40B in cash, no debt, and is consistently profitable!” His remarks underscored Tesla’s balance sheet strength and profitability at a time when many traditional automakers continue to report losses in the shift to electric vehicles.
Yeah, makes no sense.
Tesla has over $40B in cash, no debt and is consistently profitable!
— Elon Musk (@elonmusk) June 19, 2026
Tesla maintains a leading position in the global EV market, with diversification into energy and storage, battery technology, and robotics through projects like Optimus. Recent financial updates show the company generated positive free cash flow of $1.4 billion in Q1 2026, supported by operating cash flow of $3.9 billion. Cash and short-term investments stood at approximately $44.7 billion.
Moody’s has affirmed Tesla’s Baa3 issuer rating with a stable outlook in periodic reviews, acknowledging the company’s EV leadership, technology strengths, including AI for autonomous vehicles, solid profitability, and strong liquidity.
Tesla (TSLA) scores Baa3 Moody’s rating for ‘stable’ outlook
However, the agency has also noted challenges in the automotive segment and expectations for margin pressures.
Musk’s critique highlights a common debate about how traditional rating methodologies apply to high-growth, capital-intensive technology companies. SpaceX benefits from long-term government-backed contracts and diversified, recurring revenue streams, while Tesla’s valuation reflects heavy investment in future technologies such as autonomy and robotics.
Both ratings remain investment-grade, yet the one-notch difference has fueled online discussion about potential inconsistencies in evaluating innovative firms.
The exchange comes as SpaceX explores financing options following its recent valuation milestones, while Tesla continues executing on its multi-year roadmap. Musk’s pointed response serves as a reminder that credit ratings, though influential for borrowing costs, represent one lens through which markets assess corporate strength—and that company leaders often view their financial positions through the lens of long-term innovation and cash generation rather than short-term risk metrics alone.
A new report from Reuters claims that a transport authority in Sweden is pushing back against the approval of Tesla’s Full Self-Driving suite because it will travel over speed limits.
The report says the Swedish Transport Administration (TRV) recommends the European Union votes against FSD’s approval. TRV believes it should not be approved until Tesla disables FSD’s ability to speed.
TRV sent a letter to the European Union’s Technical Committee on Motor Vehicles (TCMV), which is set to meet on June 30 to discuss the potential approval of the Tesla FSD suite in the country. Tesla, which has received various approvals in Europe over the past two months, has not provided a comment.
Teslas operating on FSD do travel over the speed limit, depending on the Speed Profile that is chosen. Drivers have the ability to disengage FSD at any point; Tesla specifically states that those supervising the suite are responsible for its actions.
Let’s cut to the chase: humans operating any vehicle speed almost daily in the United States. Realistically, speed limits in the U.S. are more frequently treated as speed minimums. However, other countries are different, and driving behaviors are less aggressive.
TRV believes that “allowing automated systems to systematically exceed legal speed limits…risks undermining both the legal framework and the expected safety benefits of vehicle automation,” the report stated. It’s surprising that Tesla has not received this claim from other countries previously.
This could be a good argument to bring Max Speed back, the setting that previously allowed the driver to choose the absolute fastest the car would travel.
This would still put the responsibility of supervision in the hands of the driver. It would allow the driver to choose whether the car would travel over the speed limit or not, acknowledging that they set the speed, and if they get pulled over, there would be no ability to argue it.
However, it does not seem as if this is something Tesla will do, especially considering many U.S. drivers have requested the feature in an effort to eliminate speeding or at least tone it down. The company has not shown any interest in bringing it back.
Tesla has approvals for FSD in Europe in Estonia, Lithuania, Denmark, the Netherlands, and Belgium.
Tesla gives its biggest signal yet that Cybercab launch is imminent
Elon Musk challenges Tesla credit rating from Moody’s after SpaceX gets a higher one
