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SpaceX record-setting booster returns to Port in remarkable condition (photos)
SpaceX has successfully recovered its second Falcon 9 in less than a week. Just four days after it launched, booster B1049 returned to sailed into Port Canaveral. The veteran booster is the first to launch and successfully land five times. On June 3, at 9:25 p.m. EDT (0125 GMT on June 4), B1049 took to the skies, delivering another batch of Starlink satellites into orbit.
Now, just three days after a flawless mission, the veteran rocket sailed triumphantly into port. Perched atop SpaceX’s newly remodeled drone ship, Just Read the Instructions (JRTI), B1049’s exterior was visibly more charred after its most recent trip through the atmosphere. This successful landing marks the first mission that JRTI was active in the Atlantic Ocean, as well as the third successful sea recovery in a row for SpaceX.
So far this year, SpaceX has successfully launched nine boosters this year. All but two of them have been recovered—two failed to land on the drone ship. One of those botched attempts was due to some residual cleaning agents trapped inside the engine. That booster, B1048, was SpaceX’s only other booster (so far) to fly five times.
But it surely won’t be the last. B1051 has already completed four successful missions and could see flight again soon. SpaceX has at least two other launches planned for June, including another Starlink launch and the launch of a GPS satellite for the Air Force. That flight will be on a new booster, B1060, per the Air Force’s request.
As it stands now, government payloads require SpaceX to use a new booster, versus a previously flown one. That was also the case for NASA’s commercial crew program. On May 30, astronauts Bob Behnken and Doug Hurley flew to the International Space Station atop a Falcon 9 rocket. The booster, which returned to Port just a few days ago, what a shiny new booster. However, in a recent development, NASA amended the agreement, saying that SpaceX could use previously flown boosters as well as reuse its Crew Dragon spacecraft.
Currently, SpaceX reuses its cargo version of Dragon, but each upgraded cargo (and Crew) variant can be reused as many as five times. Each booster is currently rated for ten flights, with minimal refurbishments in between.
Flying for the 5th time, the #SpaceX #Falcon9 launches from SLC-40 to bring another batch of #Starlink sats to orbit! The first stage was also recovered, marking the first time a booster has landed after 5 flights! pic.twitter.com/KcsNecEoI3
— Richard Angle (@RDAnglePhoto) June 4, 2020
SpaceX’s fleet of veteran rockets has dwindled a bit, with the loss of B1048 and B1056. Those losses came on the heels of two planned expenditures: B1046 and B1047. B1046was purposefully detonated as part of the company’s In-flight Abort test that occurred in January. That test was a lead up to the Demo-2 mission and proved that SpaceX’s launch escape system worked while B1047 carried the AMOS-17 satellite into orbit and was expended after depositing the satellite into space.
However, the California-based rocket builder should have some new Falcons rolling off the assembly line this summer, which will help support its ambitious Starlink launch manifest. This year, SpaceX has launched six Starlink missions, with at least one more planned for June, possibly two.
To date, SpaceX has launched a total of 482 Starlink satellites, but the company needs between 400-800 satellites on orbit to begin rolling out minimal coverage. To provide the coverage it wants, SpaceX is going to have to keep up the launch pace. And to do so, it will test the reusability factor of its rockets.
So far, we’ve seen two rockets fly five times, but when will B1049 fly a sixth time? How soon will we see a booster reach the 10-flight mark? What sort of refurbishments will it need then? With many more Starlink flights on deck, it will be interesting to see which boosters fly on which missions.
Wedbush Securities is initiating stock coverage on SpaceX (NASDAQ: SPCX), marking the first comments on the company since it went public several weeks ago. Wedbush and its analyst handling coverage, Dan Ives, are widely bullish on fellow Musk company Tesla (NASDAQ: TSLA).
Ives wrote his first note initiating coverage of SpaceX shares on Wednesday with a $190 price target and an ‘Outperform’ rating. The firm believes the company is well positioned off of its IPO because of its wide array of projects, including AI compute power and infrastructure, connectivity projects, and launches.
“We view SpaceX as one of the most differentiated assets within the tech market with a strong footprint across its three core markets, with Starlink driving success with connectivity,” Ives wrote, “Starship launches leading to a demand flywheel and increasing deal flow for its Colossus clusters.”
Elon Musk called it Epic: The full story of SpaceX’s Starship Flight 12
Wedbush leans heavily on Starlink, which they say is the “profitability driver given the strength of its recurring revenue base of ~12 million subscribers as of June 5th.” Ives believes Starlink is still in the “early innings” of penetrating the global telecommunications and broadband market, as it only holds less than a 1 percent share. However, this number is sure to increase over time.
It also highlights the importance of Starship, which it says is an “essential layer” of SpaceX’s overall success. SpaceX developing and displaying the ability to reuse rockets is a major cost and reliability advantage “as it reduces the necessary hardware launch costs while generating a feedback loop for future flights to improve their launch flight rate without accelerating capex spend.”
Finally, SpaceX’s recent AI/Compute projects are also very elementary, Ives writes. It is worth mentioning Wedbush said its $190 price target is derived from a valuation forecast that sees the company yielding roughly $2.48 trillion of implied enterprise value.
There are also some factors that Wedbush did not take into account with its initial coverage. The firm wrote in the note:
“We note that there is optional value coming from Starship’s accelerating scale towards sub-$200/kg unit economics, orbital data centers, and enterprise AI monetization as these factors could drive meaningful upside but these face major hurdles, so we do not take that into account with our valuation.”
SpaceX shares are down just over 2 percent today, trading at around $167 at the time of publication.
Tesla has expanded the footprint of a massive safety feature worldwide with a recent Software Update labeled as 2026.20.6. The expansion of the “Blind Spot Warning While Parked” feature represents the more widespread availability of the feature, which aims to prevent “dooring.”
Dooring is when a driver or passenger opens a car door into the path of an oncoming road user, usually a cyclist or motorcyclist. It is among the most common types of cycling accidents, the League of American Bicyclists says.
For this reason, Tesla created a feature that warns occupants not to open the door because an object is approaching. The feature will sound a chime, and it will also delay the opening of the door to prevent an incident.
The release notes state (via Not a Tesla App):
“If you attempt to open a door while an approaching object is detected in your blind spot (for example, a bicyclist approaching from behind) a chime sounds, and your door will not open upon initial button press. Wait a short time and press the button a second time to override the warning.”
Tesla initially rolled out this feature back in 2024 with the Model 3 “Highland.” However, it remained with the Model 3 exclusively for over a year; that was until Tesla added it to the Cybertruck this past Spring.
Now, it is making its way to the new Model Y, 2021 and newer Model S, and 2021 or newer Model X.
The prevention of dooring incidents could eliminate many injuries to cyclists, especially in an urban setting. Dooring accounts for 10-20 percent of bike-related crashes in major cities, and over 17,000 dooring-related incidents were treated in the U.S. over the course of a decade. These usually involve fractures, contusions, and head trauma.
Tesla confirmed this morning that it has sent the first production units, manufactured with no steering wheel or pedals, to on-road testing in Austin, sharing video of the first rides with no human controls.
The lack of steering wheels and pedals in the Cybercab aligns with Tesla’s self-certification of Robotaxi as Level 4 SAE, a platform it plans to make widespread through internal vehicles and customer-owned cars that will operate and generate revenue for individuals.
The start of these engineering tests is a major signal for Tesla, which plans to bring driverless, wheel-less, and pedal-less Cybercabs to market in the coming months. With production already well underway at Gigafactory Texas, where the Cybercab is built, there is some inclination to believe the first public rides could happen sooner rather than later.
Engineering tests of the first production Cybercab have begun in Austin pic.twitter.com/fk3KQvcE8a
— Tesla (@Tesla) June 30, 2026
Tesla’s engineering tests will put the Cybercab in real-world scenarios, testing not only the hardware, but more importantly, the software that drives the car around Austin with nobody supervising it within the car.
This is perhaps the biggest part of the internal testing process, especially prior to allowing regular, everyday people to hail the Cybercab for an autonomous ride. These early rides serve as a true benchmark for Tesla: How many rides can it achieve safely? How many miles did it travel consecutively without needing an intervention? What scenarios challenge the Full Self-Driving suite the most?
The proper precautions have already been put into place as well, as Tesla released the First Responders Guide to Cybercab over the weekend, ensuring that emergency services have 24/7 access to Robotaxi Assistance, as well as other boundaries, such as Geofencing features that can be used to redirect autonomous vehicle traffic due to accidents, road closures, construction, or maintenance.
Cybercab seems genuinely close to being added to the Robotaxi fleet in Austin, but Tesla has prioritized safety throughout this entire process. Therefore, we think it could be months before it truly starts giving rides to the public. People have been frustrated with this, but Robotaxi in Austin has a tremendous safety record so far, so the slow rollout has kept people safe and accidents to a minimum.
The most important thing is that Tesla continues to show consistent progress in the Cybercab’s ramp-up toward fleet addition. A few weeks back, we saw the EPA reward the Cybercab a Certificate of Conformity, allowing it to enter the stream of commerce. Then, we saw Tesla add decals, signaling that it was likely about to start testing it publicly. That has now happened.
The next big move will be the announcement of the first rides, so this Summer should be filled with anticipation.
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