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SpaceX’s recovery boat Mr Steven has a new net to catch Falcon 9 fairings
While photographer Pauline Acalin just barely missed a toasty Cargo Dragon returning to roost earlier that morning, a routine checkup on SpaceX’s Port of Los Angeles facilities revealed a hefty new net installed on the recovery boat Mr. Steven, as well as noteworthy activity at the huge tent currently harboring the rocket company’s BFR tooling.
After completing a thrillingly routine International Space Station resupply mission (SpaceX’s fourteenth) and spending a month on orbit, the commercial spacecraft reentered Earth’s atmosphere at a respectable 7.5 km/s before splashing down in the Pacific Ocean for the second time. Currently, SpaceX’s Dragon capsule is the only operational spacecraft capable of returning an appreciable amount of cargo from the ISS, and Capsule 110 (1 referring to Dragon 1, 10 referring to the tenth integrated spacecraft) returned even more cargo (nearly 2 mT) than it delivered to the ISS, including the space robot Robonaut 2, various completed experiments, and expired hardware. As of CRS-12, SpaceX has effectively ended production of new Cargo Dragon capsules, and has since flown two additional missions using refurbished capsules, perhaps paving the way for the first-ever triple reuse of an orbital commercial spacecraft. CRS-15, Dragon’s next flight, is currently scheduled for early July.
Here’s the SpaceX Dragon capsule that came back to Earth over the weekend being unloaded in San Pedro’s Outer Harbor this morning. Photo by Chuck Bennett. pic.twitter.com/GBypff51MW
— Megan Barnes (@meg_barnes) May 7, 2018
Although Pauline missed the battle-scarred capsule’s second return to Port of San Pedro, her travels were not for naught. Berthed at SpaceX’s leased dock space, SpaceX recovery technicians appeared to have installed and rigged a brand new net aboard fairing recovery vessel Mr. Steven in the several days between her visits. While he has yet to catch a fairing out of the sky (the ultimate goal of the program), the vessel has returned to land two of three largely intact fairing halves, the only payload fairings to have ever been recovered in one piece after an operational rocket launch. The first successful recovery followed PAZ, and although – per sources familiar with the matter – that particular half experienced catastrophic cracking while being hoisted from the ocean onto Mr. Steven’s deck, it appears that the second intact half (following Iridium-5) did not meet the same fate. It’s probable that – assuming Musk does mean to conduct helicopter drop tests – the structurally-intact Iridium-5 half is thus a prime candidate for air drop tests to perfect the system’s accuracy, as fairings immersed in saltwater are not candidates for operational reuse.
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- It’s good to first remember just how huge Falcon payload fairings are. (NASA, 2018)
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- Soon after parafoil deployment, a payload fairing is captured gliding gently ahead of a soft ocean landing. (Elon Musk)
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- PAZ’s recovered fairing half sadly cracked beyond repair while being hauled aboard Mr Steven. (Pauline Acalin)
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- The Iridium-5 half, however, is not believed to have suffered any significant structural damage during recovery ops. (Pauline Acalin)
Meanwhile, several thousand miles to the East, SpaceX nailed their first intact recovery of a fairing half in the Atlantic following the historic and successful launch of NASA’s TESS, an exoplanet observatory that will more than fill the boots soon to be left empty by forlorn Kepler. Likely to discover thousands upon thousands more planets orbiting other stars, it is perhaps fitting that the mission also featured a successful Falcon 9 booster recovery and the first-ever (more or less…) intact recovery of both halves of a payload fairing. One half was absolutely shredded, but USLaunchReport reported that the half not caught on video was in comparatively perfect condition.
Returning to Mr. Steven’s visibly-upgraded catcher’s mitt, the newly-installed net is by all appearances magnitudes larger, heavier, and stronger than the minimal mesh specimen it is clearly replacing. Given the fact that SpaceX thus far has self-admittedly failed to catch a gliding fairing half in the net, it seems unlikely that such a drastic upgrade would be necessitated by any field-testing that occurred since Mr. Steven’s debut late last year. Rather, a significantly more capable net seems to more readily fit alongside CEO Elon Musk’s tweet reveal three weeks prior that SpaceX would attempt to close the final major loop of Falcon reusability by recovering the orbital upper stage (S2). Estimated to weigh approximately 4000 kilograms empty, the upper stage is a minimum of four times heavier than Falcon 9’s payload fairing halves, Mr Steven’s current meal of choice. Judging from the new net’s beefy rigging, broader bars, and general appearance, one could safely argue that it looks at least several times stronger than the mesh net before it. One could also argue that the absolutely massive metal arms installed on Mr. Steven are far larger than what might be required to catch the extremely low mass-to-area ratio payload fairings, with structural heft and bulky netting more reminiscent of safety nets present on naval vessels that are designed to catch aircraft and helicopters weighing five metric tons or more.
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- Although both halves clearly attempted soft-landings with parafoils (evidenced by the black metal bars sticking up here), only one of them made it back intact. (USLaunchReport)
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- The half not pictured in these photos was reportedly more or less intact, successfully landing in the ocean after launching NASA’s TESS. (USLaunchReport)
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- Mr Steven is currently undergoing arm surgery (upgrades) at SpaceX’s future BFR factory lot, known as Berth 240. (Elon Musk)
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- Mr Steven and his fancy net 2.0, caught on May 7. Bright yellow…for style. (Pauline Acalin)
Currently scheduled to liftoff around 4:12 p.m. EST May 10 from SpaceX’s LC-39A Florida launch pad, the company’s next mission will send Bangladesh’s first communications satellite – Bangabandhu-1 – to a geostationary transfer orbit. Equally significant, it will hopefully become the successful inaugural flight of Falcon 9 Block 5, a highly reliable and reusable collection of upgrades to the workhorse SpaceX rocket. Soon after, SpaceX will likely aim to complete two additional launches in late May, one from California’s Vandenberg Air Force Base (Iridium-6/GRACE-FO) and the other from LC-40 in Cape Canaveral (SES-12). While the latter two launches – per their flight-proven boosters – will be expended, the first Block 5 booster (B1046) will attempt to land aboard drone ship Of Course I Still Love You, already on station in the Atlantic.
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News
SpaceX reportedly mulling IPO, eyeing largest of all time: report
“I do want to try to figure out some way for Tesla shareholders to participate in SpaceX. I’ve been giving a lot of thought to how to give people access to SpaceX stock,” Musk said.
SpaceX is reportedly mulling an initial public offering, eyeing what would be the largest valuation at the time of availability of all time, a new report from Bloomberg said on Tuesday.
It is one of many reports involving one of Elon Musk’s companies and a massive market move, as this is not the first time we have seen reports of an IPO by SpaceX. Musk himself has also dispelled other reports in the past of a similar nature, including an xAI funding round.
SpaceX and Musk have yet to comment on the report. In the past, untrue reports were promptly replied to by the CEO; this has not yet gained any response, which is a good sign in terms of credibility.
Musk has discussed a potential IPO for SpaceX in recent months, as the November 6 shareholder meeting, as he commented on the “downsides” of having a public company, like litigation exposure, quarterly reporting pressures, and other inconveniences.
Nevertheless, Musk has also said he wants there to be a way for Tesla shareholders to get in on the action. At the meeting in early November, he said:
“I do want to try to figure out some way for Tesla shareholders to participate in SpaceX. I’ve been giving a lot of thought to how to give people access to SpaceX stock.”
Additionally, he added:
“Maybe at some point., SpaceX should become a public company despite all the downsides of being public.”
Musk has been historically reluctant to take SpaceX public, at times stating it could become a barrier to colonizing Mars. That does not mean it will not happen.
Bloomberg’s report cites multiple unidentified sources who are familiar with the matter. They indicate to the publication that SpaceX wants to go public in mid-to-late 2026, and it wants to raise $30 billion at a valuation of around $1.5 trillion.
This is not the first time SpaceX has discussed an IPO; we reported on it nine years ago. We hope it is true, as the community has spoken for a long time about having access to SpaceX stock. Legendary investor Ron Baron is one of the lucky few to be a SpaceX investor, and said it, along with Tesla, is a “lifetime investment.”
Tesla bull Ron Baron reveals $100M SpaceX investment, sees 3-5x return on TSLA
The primary driver of SpaceX’s value is Starlink, the company’s satellite internet service. Starlink contributes 60-70 percent of SpaceX’s revenue, meaning it is the primary value engine. Launch services, like Falcon 9 contracts, and the development of Starship, also play supporting roles.
SpaceX reached an incredible milestone with its Starlink program with a launch last night, as the 3,000th satellite of the year was launched into low Earth orbit.
On Monday, SpaceX also achieved its 32nd flight with a single Falcon 9 rocket from NASA’s Kennedy Space Center.
The mission was Starlink 6-92, and it utilized the Falcon 9 B1067 for the 32nd time this year, the most-used Falcon booster. The flight delivered SpaceX’s 3000th Starlink satellite of the year, a massive achievement.
There were 29 Starlink satellites launched and deployed into LEO during this particular mission:
Falcon 9 launches 29 @Starlink satellites from Florida pic.twitter.com/utKrXjHzPN
— SpaceX (@SpaceX) December 9, 2025
SpaceX has a current goal of certifying its Falcon boosters for 40 missions apiece, according to Spaceflight Now.
The flight was the 350th orbital launch from the nearby SLC-40, and the 3,000 satellites that have been successfully launched this year continue to contribute to the company’s goal of having 12,000 satellites contributing to global internet coverage.
There are over five million users of Starlink, the latest data shows.
Following the launch and stage separation, the Falcon 9 booster completed its mission with a perfect landing on the ‘Just Read the Instructions’ droneship.
The mission was the 575th overall Falcon 9 launch, highlighting SpaceX’s operational tempo, which continues to be accelerated. The company averages two missions per week, and underscores CEO Elon Musk’s vision of a multi-planetary future, where reliable connectivity is crucial for remote work, education, and emergency response.
As Starlink expands and works toward that elusive and crucial 12,000 satellite goal, missions like 6-92 pave the way for innovations in telecommunications and enable more internet access to people across the globe.
With regulatory approvals in over 100 countries and millions of current subscribers, SpaceX continues to democratize space, proving that reusability is not just feasible, but it’s also revolutionary.
Tesla expanded its new Full Self-Driving program, which gives people the opportunity to experience the company’s suite, in Europe.
Tesla recently launched an opportunity for Europeans to experience Full Self-Driving, not in their personal vehicles, but through a new ride-along program that initially launched in Italy, France, and Germany back in late November.
People could experience it by booking a reservation with a local Tesla showroom, but timeslots quickly filled up, making it difficult to keep up with demand. Tesla expanded the program and offered some additional times, but it also had its sights set on getting the program out to new markets.
It finally achieved that on December 9, as it launched rides in Denmark and Switzerland, adding the fourth and fifth countries to the program.
Tesla confirmed the arrival of the program to Denmark and Switzerland on X:
Now available in Denmark & Switzerland
🇩🇰 https://t.co/IpCSwHO566 https://t.co/V2N5EarLNX
— Tesla Europe & Middle East (@teslaeurope) December 9, 2025
The program, while a major contributor to Tesla’s butts in seats strategy, is truly another way for the company to leverage its fans in an effort to work through the regulatory hurdles it is facing in Europe.
Tesla has faced significant red tape in the region, and although it has tested the FSD suite and been able to launch this ride-along program, it is still having some tremendous issues convincing regulatory agencies to allow it to give it to customers.
CEO Elon Musk has worked with regulators, but admitted the process has been “insanely painful.”
The most recent development with FSD and its potential use in Europe dealt with the Dutch approval authority, known as the RDW.
Tesla says Europe could finally get FSD in 2026, and Dutch regulator RDW is key
Tesla said it believes some regulations are “outdated and rules-based,” which makes the suite ineligible for use in the European jurisdiction.
The RDW is working with Tesla to gain approval sometime early next year, but there are no guarantees. However, Tesla’s angle with the ride-along program seems to be that if it can push consumers to experience it and have a positive time, it should be easier for it to gain its footing across Europe with regulatory agencies.
SpaceX reportedly mulling IPO, eyeing largest of all time: report
SpaceX reaches incredible milestone with Starlink program
