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SpaceX's latest reusable rocket booster returns to port to prepare for next launch
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.
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.
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.
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.
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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In the world of autonomous ride-hailing, there are only a handful of names. Among those few companies lies a strategy play by each to keep the opposition on their toes. Tesla, on the other hand, already tipped its hand at where it is headed next.
Tesla has signaled its next major push in the autonomous ride-hailing market by filing for an Autonomous Vehicle Network Company permit in Nevada (Docket 26-05015). Through Tesla Robotaxi, LLC, the company seeks approval to operate up to 5,000 robotaxis in Clark County, including high-traffic areas like Las Vegas and Henderson airports, within the first 12 months of launch.
This filing builds on Tesla’s earlier testing approvals from the Nevada DMV in September 2025 and preparations such as maintenance hubs in the Las Vegas area. Nevada represents a strategic expansion into a major tourist destination, where high visitor volumes could drive strong utilization and showcase the reliability of unsupervised autonomy to a broad audience.
We’d have to assume this means Tesla is targeting Las Vegas, and it’s a great move from a business perspective.
Vegas is such a melting pot of people from all around the country and the world. It will expose people from all corners of the globe to Tesla’s autonomy capabilities https://t.co/Qz3fQmhULF pic.twitter.com/Du5pj2RyWC
— TESLARATI (@Teslarati) June 6, 2026
Approval would mark a significant step toward commercial operations in a new state, following progress in Texas.
Tesla’s shareholder decks and earnings calls have clearly outlined these ambitions. In the Q4 2025 shareholder deck, the company listed planned Robotaxi coverage for the first half of 2026, explicitly naming Las Vegas alongside Phoenix, Miami, Orlando, and Tampa, with Dallas and Houston already advancing. Austin was noted as “ramping unsupervised,” while the Bay Area remained in safety-driver mode.
By Q1 2026, the deck updated statuses to reflect launches in Dallas and Houston, with “preparations underway” for the remaining cities, including Las Vegas. Paid Robotaxi miles nearly doubled sequentially in Q1, underscoring momentum even as broader timelines adjusted slightly for regulatory and operational readiness.
On earnings calls, CEO Elon Musk and executives have emphasized a phased rollout prioritizing safety. Unsupervised operations in Texas have shown strong results with no reported accidents or injuries in the program. Tesla continues groundwork in additional major U.S. metros through testing and permitting, positioning it to scale quickly once approvals clear.
This Nevada move aligns with Tesla’s vision of transforming from an EV maker into an AI and robotics leader. The forthcoming Cybercab, which started production at Giga Texas in April, is expected to eventually dominate the fleet, replacing many Model Y vehicles and driving down costs to enable affordable rides.
For investors and the industry, this signals Tesla’s intent to dominate key Sun Belt and tourist markets where weather, regulations, and demand favor rapid scaling. Success in Las Vegas could validate the model for denser urban and high-tourism environments, accelerating the shift toward a future where robotaxis generate meaningful revenue.
Las Vegas will also expand knowledge among the general public at Tesla’s capabilities, helping people experience driverless ride-hailing from several companies during their time on The Strip.
The Tesla Model 3’s cheapest trim level just got a major accolade, as Edmunds just revealed the Rear-Wheel-Drive trim of the all-electric sedan is the most efficient EV that is currently in production.
The 2026 Tesla Model 3 Rear-Wheel-Drive not only beat its EPA-estimated range by 30 miles, but it also bested its efficiency mark by 13.2 percent. The Model 3 tested by Edmunds traveled 393 miles, beating its EPA rating by 8.3 percent, while it returned 21.7 kWh per 100 miles, or 4.61 mi/kWh.
Beating those two metrics is especially pertinent when it comes to EV ownership and driving down the cost of ownership from ICE counterparts across the board. The real money savings come from driving down the cost of driving per mile, especially when it comes to high-mileage driving.
Edmunds stated in its report and review that the process it uses to test EV efficiency is aimed at giving “the most accurate representation of a car’s real-world range.” The assessment uses a strict route that features 60 percent city and 40 percent highway driving, and an average speed of 40 MPH across the trip.
It also drives each car within 5 MPH of all posted speed limits, and the climate control is set on Auto at 72 degrees to ensure even testing. In other words, Edmunds does not use methods to maximize efficiency, and instead tries to make it reasonable to achieve the same ratings yourself.
In comparison to other EVs, it beat the 2026 Mercedes-Benz CLA 350, which went 385 miles, as well as the 2026 Audi A6 Sportback E-tron Prestige AWD, which traveled 392 miles. Only the Mercedes-Benz CLA 250+ traveled farther, making it an impressive 434 miles on a charge.
However, the Tesla Model 3 RWD’s efficiency is “unmatched” because of its incredibly low energy usage per mile.
🚨 Tesla Model 3 RWD:
-At $36,990, it is $9,000 cheaper than the average transaction price for a new car ($46,023 via KBB)
-Was 13.2% more efficient than its EPA estimate
-Traveled 393 miles on a charge despite its 363-mile EPA range https://t.co/Grov2hXqpa pic.twitter.com/Zl8rnZZLIB
— TESLARATI (@Teslarati) June 8, 2026
The Model 3 Rear-Wheel-Drive might be the best bang-for-your-buck EV if you’re looking to buy new and want access to features like Full Self-Driving, while also being aware of efficiency. This trim of the Model 3 is also priced over $9,000 cheaper than what Kelley Blue Book says the average transactional price for a new car was in May 2026, which sits at $46,023.
If you’re looking for something with more speed, an All-Wheel-Drive drivetrain, or more premium features, the Premium trims of the Model 3 currently come with one year of Free Supercharging.
The Ontario Teachers’ Pension Plan (OTPP) stands to reap one of the most extraordinary returns in pension fund history thanks to a bold 2019 investment in SpaceX.
According to a recent report from The Globe and Mail, the Toronto-based fund invested roughly $300 million CAD (~$220 million USD at the time) in Elon Musk’s space company as its inaugural deal through the Teachers’ Innovation Platform.
At SpaceX’s anticipated $1.75 trillion IPO valuation, set for a mid-June debut on Nasdaq under ticker $SPCX, that stake could now be worth up to $11.6 billion USD. This would represent a roughly 50x return and easily become OTPP’s most successful single investment ever.
The fund manages $279 billion in assets for approximately 346,000 working and retired teachers in Ontario, potentially delivering an average boost of around $33,500 per member if fully realized.
SpaceX has filed its S-1 and plans to price shares at $135 each, aiming to raise a record $75 billion in what would be the largest IPO in history, surpassing Saudi Aramco. The company reported $18.67 billion in revenue for 2025, driven primarily by Starlink satellite internet growth and NASA contracts, though it continues to post significant losses tied to ambitious R&D in Starship and AI initiatives.
Important pieces moving forward include:
- Starlink Expansion: The satellite broadband service is scaling rapidly, targeting global connectivity, especially in underserved rural and remote areas. This segment offers massive recurring revenue potential as numbers climb.
- Starship and Reusability Leadership: SpaceX’s fully reusable Starship aims to slash launch costs dramatically, enabling frequent missions, Mars ambitions, and lucrative government/defense contracts. Success here could unlock exponential growth.
- AI and Diversification: Recent moves, including ties to xAI, position SpaceX in high-growth AI infrastructure, broadening beyond traditional aerospace.
- Validation Scrutiny: While the $1.75 trillion target excites investors, analysts like Morningstar value the company closer to $780 billion, citing high multiples (around 90x trailing revenue) and execution risks. A 180-day lockup period will prevent early investors like OTPP from selling immediately post-IPO.
The irony has not been lost on observers. Ontario’s government previously canceled a Starlink rural internet contract amid political tensions involving Musk, yet the pension fund’s savvy investment, made when SpaceX was valued around $33-36 billion, and Starlink was nascent, delivers outsized gains independent of politics.
For OTPP, this windfall strengthens its already solid 111 percent funding ratio and underscores the value of patient, innovation-focused capital allocation.
For SpaceX, the IPO marks a new chapter: greater transparency, access to public markets for talent retention and growth capital, and heightened pressure to deliver on its multi-planetary vision.
All eyes are fixed on whether SpaceX can justify its lofty valuation through sustained execution. For Ontario teachers, the returns are already stellar, but SpaceX, like other Musk companies in the past, has plenty of things to prove. Perhaps the most ideal person for the job is at the helm, hoping to bring the company to a massive valuation.
Tesla tipped its hand at where Robotaxi is heading next
Tesla Model 3’s cheapest trim just got a major accolade
