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SpaceX's latest reusable rocket booster returns to port to prepare for next launch

Falcon 9 B1059 returned to Port Canaveral on December 7th, two days after successfully launching Cargo Dragon on its way to the ISS. (Teslarati - Richard Angle)

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The first new Falcon 9 booster SpaceX has debuted in almost half a year safely returned to port after a successful first launch and landing, setting the reusable rocket up to fly again in the near future.

On December 5th, after a brief 24-hour weather-related delay, new Falcon 9 booster B1059 lifted off on its first mission, successfully sending flight-proven Cargo Dragon capsule C106 to orbit for the third time before the rocket slowed itself down and landed on drone ship Of Course I Still Love You (OCISLY).

Over the next three or so days, the SpaceX spacecraft gradually boosted and tweaked its orbit to rendezvous with the International Space Station (ISS) and ultimately began its ISS approach and berthing maneuvers on December 8th. A few hours after that, ISS astronauts successfully ‘caught’ Dragon with the station’s massive robotic arm and gently berthed the spacecraft at an open port.

Approximately three days after heading to orbit atop Falcon 9 booster B1059, Cargo Dragon C106 successfully docked with the International Space Station (ISS) for the third time. (NASA)

Less than a day before Dragon arrived at the ISS, effectively completing the majority of its CRS-19 resupply mission, the Falcon 9 booster that launched the spacecraft wrapped up a successful launch debut by returning to a different kind of port. Falcon 9 B1059 returned to Port Canaveral aboard drone ship OCISLY on the morning of December 7th and was quickly released from SpaceX’s robotic Octagrabber robot and lifted onto dry land.

SpaceX’s 13th successful Falcon booster recovery of 2019, B1059’s return to port also marked the first flight of a new Falcon booster since June 25th – almost half a year prior. By the numbers, B1059 was subjected to a relatively gentle atmospheric reentry prior to landing aboard OCISLY, meaning that it should be easier for SpaceX technicians and engineers to recertify the rocket and turn it around for its next launch.

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Depending on where SpaceX and NASA stand, the booster’s second launch could happen anywhere from 2-4 months from now. Given that NASA currently allows SpaceX to fly reused boosters on NASA missions only if those boosters have exclusively flown NASA missions in the past, B1059 could end up supporting CRS-20, SpaceX’s next and last Cargo Dragon (Dragon 1) mission. CRS-20 is scheduled to launch no earlier than (NET) March 2020 and will be followed by the launch debut of Crew Dragon’s Cargo variant as soon as August 2020, another possibility for B1059’s second flight.

An overview of the expected modifications needed to turn a Crew Dragon into a Cargo Dragon 2. (NASA OIG)

However, if SpaceX follows in the footsteps of CRS-19 and instead prioritizes rapid customer launches over saving a given gently-used booster for another NASA mission, B1059 could be a prime candidate for an extremely rapid turnaround, perhaps supporting an internal SpaceX Starlink launch or any number of other customer satellite launches in early 2020. On the other hand, it’s possible that B1059 suffered an unusually damaging reentry for unknown reasons, although it’s hard to judge from photos and a layperson perspective alone.

From a few angles, it almost appears as if B1059’s white paint was completely burned or scoured off in places, leaving a distinct transition between the edge of remaining paint and the booster’s distinctly metallic-looking skin underneath it. Falcon 9’s main structure is almost entirely built out of a high-performance aluminum-lithium alloy and sealed (and partially shielded) with a multilayer temperature and corrosion-resistant coating. If B1059’s tank coating was indeed partially burned off during reentry, SpaceX will almost certainly have to perform uniquely detailed inspections to verify the structural integrity of its propellant tanks, perhaps preventing a rapid (record-breaking) turnaround.

Falcon 9 B1059 bares apparent battle scars after its first atmospheric reentry and landing. (Richard Angle)

Either way, Falcon 9 B1059 was quickly lifted off of OCISLY and technicians even managed to retract all four of the new booster’s deployable landing legs, a great sign that SpaceX is confident that the booster is in fine shape. With the addition of B1059, SpaceX’s fleet of flight-proven, flightworthy Falcon 9 boosters is now eight strong – nine if Crew Dragon’s unflown Demo-2 booster is included. That fleet will continue to grow as SpaceX gradually introduces new boosters for increasingly rare military and NASA missions.

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Eric Ralph is Teslarati's senior spaceflight reporter and has been covering the industry in some capacity for almost half a decade, largely spurred in 2016 by a trip to Mexico to watch Elon Musk reveal SpaceX's plans for Mars in person. Aside from spreading interest and excitement about spaceflight far and wide, his primary goal is to cover humanity's ongoing efforts to expand beyond Earth to the Moon, Mars, and elsewhere.

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Elon Musk

Elon Musk calls out $2 trillion SpaceX IPO valuation as ‘BS’

In a swift rebuke on X, Elon Musk dismissed reports claiming SpaceX had confidentially filed for an initial public offering targeting a valuation above $2 trillion, labeling the information as unreliable.

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CEO Elon Musk is set for a unique SpaceX and Tesla double-header with a Starlink launch and earnings report currently scheduled on the same day. (SpaceX)

Elon Musk is quick to call out any false information regarding him or his companies on his social media platform, known as X.

A recent report that claimed SpaceX was aiming to go public with an IPO in the coming weeks at a massive valuation of $2 trillion was called out by Musk, who referred to it as “BS.”

In a swift rebuke on X, Elon Musk dismissed reports claiming SpaceX had confidentially filed for an initial public offering targeting a valuation above $2 trillion, labeling the information as unreliable.

The exchange highlights ongoing media speculation about the rocket company’s future and Musk’s frustration with what he views as inaccurate financial reporting. The report came from Bloomberg.

The controversy erupted on April 2, 2026, when influencer Mario Nawfal amplified claims from Bloomberg.

The outlet posted that SpaceX had boosted its IPO target valuation above $2 trillion, describing it as potentially one of the largest public offerings in history. Musk challenged the story.

It echoes past instances where Musk has corrected valuation rumors about his companies, emphasizing that speculation often outpaces reality.

Elon Musk debunks latest rumors about SpaceX IPO

Background context adds nuance.

Earlier reports indicated SpaceX had filed confidential IPO paperwork with the U.S. Securities and Exchange Commission, potentially positioning it for a record-breaking debut that could eclipse Saudi Aramco’s 2019 listing.

Initial estimates pegged a possible valuation north of $1.75 trillion, building on a post-merger figure around $1.25 trillion after SpaceX absorbed xAI. A subsequent Bloomberg update claimed advisers were floating figures above $2 trillion to investors, with the offering potentially raising up to $75 billion.

SpaceX remains a private powerhouse. Its achievements include thousands of Starlink satellites providing global broadband, routine Falcon 9 rocket reusability, and a mission to slash launch costs, along with ambitions for Starship to enable Mars colonization.

The company also benefits from government contracts with NASA and the Department of Defense. A public listing could democratize access for retail investors while subjecting SpaceX to greater scrutiny and quarterly reporting pressures.

Critics of the reports point to the confidential nature of filings, which limits verifiable details. Musk has previously downplayed inflated valuations, once calling an $800 billion figure for SpaceX “too high.”

Supporters argue that hype around mega-IPOs, especially amid the ongoing AI fervor, fuels premature narratives that distract from core technical milestones, such as full Starship reusability and Starlink constellation expansion.

The incident reflects broader tensions in tech finance. Anonymous sourcing in valuation stories can drive market chatter and betting activity, yet it risks misinformation.

Bloomberg defended its reporting through multiple articles citing “people familiar with the matter,” but Musk’s blunt dismissal resonated widely on X, with users piling on to question media reliability.

Whether SpaceX ultimately goes public remains uncertain. Musk has teased an IPO tied to Starlink maturity, but priorities center on engineering breakthroughs over Wall Street timelines. For now, the $2 trillion figure joins a list of rumored milestones that Musk insists should be taken with skepticism.

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Elon Musk

Elon Musk reveals date of SpaceX Starship v3’s maiden voyage

The announcement arrives after Flight 11 on October 13 of last year, which concluded a busy 2025 testing campaign. Since then, SpaceX has focused on ground testing, including cryoproofing of Ship 39 and preparations for Booster 19, the first V3 Super Heavy.

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Credit: SpaceX

SpaceX CEO Elon Musk has revealed the timeline for the next Starship launch. It will be the first launch using SpaceX’s revamped design for Starship, as its v3 rocket will take its maiden voyage sooner than many might expect.

Musk announced on April 3 on X that the next Starship flight test, and the first flight of the upgraded v3 ship and booster, is 4 to 6 weeks away. The update signals the end of a nearly six-month hiatus since the program’s last launch.

The upcoming mission, designated as Starship’s 12 integrated flight test (IFT-12), marks a significant milestone. It will be the debut of the v3 configuration, featuring a taller Super Heavy Booster and Starship upper stage. The changes SpaceX has made with the v3 rocket and booster are an increased propellant capacity and the more powerful Raptor 3 engines.

Earlier predictions from Musk in March had pointed to an April timeframe, but the latest timeline now targets a launch window in early to mid-May 2026.

The V3 iteration represents a substantial evolution from previous Starship prototypes. Engineers have optimized the design for improved manufacturability, higher thrust, and greater efficiency. Raptor 3 engines deliver significantly more power while reducing weight and production costs compared to earlier variants.

With these enhancements, SpaceX aims to boost payload capacity toward 200 metric tons to low Earth orbit in a fully reusable configuration — a dramatic leap from the roughly 35-ton target of prior versions. Such capabilities are critical for ambitious goals, including NASA’s Artemis lunar missions and eventual crewed flights to Mars.

The announcement arrives after Flight 11 on October 13 of last year, which concluded a busy 2025 testing campaign. Since then, SpaceX has focused on ground testing, including cryoproofing of Ship 39 and preparations for Booster 19, the first V3 Super Heavy.

Recent activities have involved static fires, activation of the new Pad 2 at Starbase in Boca Chica, Texas, and integration of Raptor 3 engines.

A prior incident with an early V3 booster on the test stand in late 2025 contributed to the delay, necessitating additional assembly and qualification work.

Musk’s timeline updates have become a hallmark of the Starship program, often described with characteristic optimism.

SpaceX’s Starship V3 is almost ready and it will change space travel forever

While past targets have occasionally shifted by weeks, the rapid iteration pace remains impressive. However, don’t be surprised if this timeline shifts again, as Musk has been overly optimistic in the past with not only launches, but products under his other companies, too.

SpaceX continues to refine launch infrastructure, including new propellant loading systems and tower mechanisms designed to support higher cadence operations. A successful V3 flight could pave the way for more frequent tests, tower catches of both booster and ship, and progression toward operational reusability.

The v3 debut is viewed as a transition point for Starship, moving beyond experimental flights toward a system capable of supporting large-scale deployment of Starlink satellites, lunar landers, and interplanetary transport.

Success on IFT-12 would demonstrate not only the new hardware’s performance but also SpaceX’s ability to recover from setbacks and maintain momentum.

As the 4-to-6-week countdown begins, anticipation builds at Starbase. Teams are finalizing vehicle stacking, conducting final pre-flight checks, and preparing for regulatory approvals. The world will be watching to see if Starship V3 can deliver on its promise of transforming humanity’s access to space.

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SpaceX to launch military missile tracking satellites through new Space Force contract

SpaceX wins a $178.5M Space Force contract to launch missile tracking satellites starting in 2027.

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Space Force officials say the Falcon 9 booster pictured here in SpaceX's rocket factory will have to wait a few months longer for its launch debut. (SpaceX)

The U.S. Space Force awarded SpaceX a $178.5 million task order on April 1, 2026 to launch missile tracking satellites for the Space Development Agency. The contract, designated SDA-4, covers two Falcon 9 launches beginning in Q3 2027, one from Cape Canaveral Space Force Station in Florida and one from Vandenberg Space Force Base in California. The satellites, built by Sierra Space, are designed to bolster the nation’s ability to detect and track missile threats from orbit.

The award falls under the National Security Space Launch Phase 3 Lane 1 program, which Space Force uses to move payloads to orbit on faster timelines and at more competitive prices. “Our Lane 1 contract affords us the flexibility to deliver satellites for our customers, like SDA, more easily and faster than ever before to all the orbits our satellites need to reach,” said Col. Matt Flahive, SSC’s system program director for Launch Acquisition, in the official press release.

SpaceX is quietly becoming the U.S. Military’s only reliable rocket

The SDA-4 contract is the latest in a long string of national security wins for SpaceX. As Teslarati reported last month, the Space Force recently shifted a GPS III satellite launch from ULA’s Vulcan rocket to SpaceX’s Falcon 9 after a significant Vulcan booster anomaly grounded ULA’s military missions indefinitely. That move made it four consecutive GPS III satellites transferred to SpaceX after contracts were originally awarded to its competitor.

This didn’t come without a fight and dates back years. SpaceX originally had to sue the Air Force in 2014 for the right to compete for national security launches, at a time when United Launch Alliance held a near monopoly on the market. Since then, the company has steadily displaced ULA as the dominant provider, and last year the Space Force confirmed SpaceX would handle approximately 60 percent of all Phase 3 launches through 2032, worth close to $6 billion.

With missile defense satellites now part of its launch manifest alongside GPS, communications, and reconnaissance payloads, SpaceX is giving hungry investors something to chew on before its imminent IPO.

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