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SpaceX photos reveal Falcon 9 fairings parasailing to Pacific splashdown
SpaceX has released the first high-quality photos of Falcon 9’s payload fairing recovery hardware in action, showing the massive carbon fiber-aluminum halves gliding by parafoil less than a rocket-length away from recovery vessel Mr. Steven’s massive net.
If anything, these photos demonstrate just how close SpaceX is – both literally and figuratively – to successfully catching payload fairings out of the air, the final keystone of fairing reuse. Per the extraordinarily minimalist appearance of each half’s parafoil recovery hardware and the lack of any clear control mechanism, it’s very likely that SpaceX has sided with an in-canopy system of actuators tasked with subtly warping the parafoil, comparable in functionality to a crude replica of a bird’s wing.
Falcon 9 fairing halves deployed their parafoils and splashed down in the Pacific Ocean last week after the launch of Iridium-6/GRACE-FO. Closest half was ~50m from SpaceX’s recovery ship, Mr. Steven. https://t.co/JS7d5zTdIg pic.twitter.com/LjiTwnB4wd
— SpaceX (@SpaceX) May 31, 2018
In-wing actuation and control is an elegant – if complex – solution to the problem of parafoil guidance. In this case, SpaceX’s contractor (MMIST) likely deserves at least some of the credit for several nearly successful recoveries, delivering each unpowered fairing half from an altitude of 110+ kilometers, speeds of more than 2 kilometers per second, and parabolic trajectories stretching over 800 kilometers to a square roughly 100m by 100m. If each halve’s accuracy can be cut by 75% of that to an area of 50m by 50m, SpaceX and Mr Steven should have no trouble in reliably and routinely catching Falcon 9 payload fairings for rapid reuse, perhaps one day translating into a similar approach for the recovery of Falcon 9’s orbital upper stages.
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- The payload fairing for NASA’s Transiting Exoplanet Survey Satellite (TESS) is moved inside the Payload Hazardous Servicing Facility at the agency’s Kennedy Space Center in Florida. (NASA)
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- By all appearances, both Iridium-6/GRACE-FO fairing halves were retrieved intact from the ocean surface. Note the tiny technician installing a tarp inside one half. (Chuck Bennett, Instagram @chuckbennett)
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- Both fairing halves from SpaceX’s Iridiium-6/GRACE-FO spied aboard Mr Steven after docking. (Pauline Acalin)
It’s unclear if SpaceX has designed and built its fairing recovery parafoils largely on its own or if it has instead sided with established subcontractors like MMIST and consumer-off-the-shelf (COTS) solutions. Regardless, after approximately a year of trying, SpaceX appears to be rounding the very last corner to fairing recovery and reuse, perhaps avoiding the need for a series of drop-and-catch tests hinted at recently by CEO Elon Musk.
Once the massive 800-kilogram components can be captured in flight by Mr. Steven, it should be a fairly prospect for SpaceX to move from recovery to reuse, potentially saving as much as 10% ($6m) of the cost of each Falcon 9 and Falcon Heavy launch. Perhaps even more importantly, fairing reuse would remove some of the pressure placed on SpaceX’s composite production floor, which currently must support the fabrication of dozens of fairing halves, booster interstages, payload adapters, Falcon Heavy nose cones, and much more, including smaller subassemblies required for both Crew and Cargo Dragons.
SpaceX’s composite production floor shown in mid-2016. Note the Falcon Heavy nose cone, two interstages, and two fairing halves. (SpaceX)
As a result of their carbon fiber-aluminum honeycomb construction, each half inherently takes a disproportionate amount of time to manufacture, exaggerated by the need for massive and expensive curing autoclaves (a mix of an oven and a pressure chamber), of which only a handful can fit inside SpaceX’s Hawthorne factory. For a manifest of roughly 30 launches per year, as is the goal for 2018, this would require the production of an entire fairing half every six days, an extraordinary feat of heroics when building massive monolithic composite parts in a space-constrained factory.
With reuse, those heroics could be relaxed or at least focused elsewhere on Falcon 9, Heavy, Crew Dragon, and BFR production. With any luck, SpaceX’s next West coast launch, currently NET early July, may see Mr. Steven’s first-ever successful fairing catch, thanks in part to a brand new net.
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
