News
SpaceX Falcon 9 rocket sets reusability record, launches heaviest payload yet
SpaceX Falcon 9 booster B1051 has become the company’s ‘fleet leader’ after acing its 12th orbital-class launch and landing – a new record for the rocket family.
After a roughly 90-minute weather delay, Falcon 9 lifted off without issue around 12:48 am EST on March 19th. Booster B1051 touched down on drone ship Just Read The Instructions (JRTI) about nine minutes later, followed by the successful deployment of 53 Starlink V1.5 satellites just over an hour after launch. Starlink 4-12 was SpaceX’s 11th successful launch in the first 11 weeks of 2022. SpaceX CEO Elon Musk says that Starlink 4-12 was also the heaviest payload ever launched by Falcon 9, weighing in at 16.25 metric tons or ~35,800 pounds.
It’s not entirely clear how SpaceX was able to expand Falcon 9’s performance envelope or how far the envelope was pushed. In May 2019, Musk actually claimed that the Starlink V0.9 payload would weigh “18.5 tons” and be SpaceX’s heaviest payload ever, whereas three years later he says Starlink 4-12 set a new record of 16.25 metric tons. Assuming Musk was referring to short tons in 2019 and that SpaceX’s Starlink payload adapter and the tensioning rods that hold the stack together are roughly the same weight (~3 mT) three years later, the true total mass of Starlink 4-12’s payload could be as high as 19-19.5 metric tons (~42,000 lb). Its 53 Starlink V1.5 satellites, meanwhile, would weigh about 307 kilograms (~675 lb) each.
In other words, Starlink 4-12’s record-breaking payload could be up to 2.5 metric tons – about 15% – heavier than the Starlink V0.9 payload that set SpaceX’s internal record in 2019.
SpaceX says a Falcon 9 rocket is on track to launch Starlink 4-12 – a new batch of 53 satellites – no earlier than (NET) 11:24 pm EST on Friday, March 18th (03:24 UTC 19 March).
While ‘just’ the latest in an increasingly routine line of Starlink launches, SpaceX has confirmed that the mission will also set a new record for Falcon 9 reusability. Setting minor records is practically just as common for the average SpaceX launch but this particular record is more significant: if all goes according to plan, booster B1051 will become the first Falcon 9 first stage to complete 12 orbital-class launches and landings, pushing the envelope that much further.
The second oldest Falcon 9 booster that’s still operational, B1051 debuted in a significant way on March 2nd, 2019 by supporting Demo-1, Crew Dragon’s first uncrewed test flight. The launch was a perfect success and simultaneously kicked off the prolific careers of Crew Dragon and Falcon 9 B1051, both of which continue to have an excellent track record. Since Demo-1, B1051 has also supported the launches of Canada’s RADARSAT constellation, SiriusXM’s SXM-7 radio satellite, and 469 Starlink spacecraft spread over eight separate missions.
Starlink 4-12 will be its 12th launch and is set to occur just over two weeks after the third anniversary of its launch debut, translating to an average of one launch every three months or ~93 days. As an older booster and a fleet leader for several reusability milestones, B1051’s average turnaround time between launches – ~100 days – isn’t exceptionally impressive, though the booster has still accomplished a great deal.
However, newer boosters like B1058 and B1060 – both of which have much faster average turnaround times – are tied with B1051 at eleven flights each. One of the two is almost guaranteed to supersede B1051 in the very near future and become SpaceX’s new fleet leader, meaning that either B1058 or B1060 is likely to be the first to set new reusability records after B1051’s 12th flight.
Falcon 9 B1060, for example, has flown 11 times in 611 days, averaging one launch every 55 days and 61 days per reuse. B1060’s last two turnarounds have been under 50 days. B1058 is very similar. In other words, both B1058 and B1060 could feasibly overtake B1051 as early as May or June 2022 and could both potentially complete their 15th, 16th, or even 17th launches before the end of the year.
-
As such, this could be Falcon 9 B1051’s last opportunity to lead SpaceX’s fleet of Falcon boosters. Tune into SpaceX’s official webcast to watch Starlink 4-11 live around 11:10 pm EST (03:10 UTC).
-
Investor's Corner
SpaceX and Nvidia team up on Musk’s orbital AI bet
SpaceX revealed a new Nvidia satellite partnership, then Musk pledged an exclusive Nvidia hardware commitment.
SpaceX and Nvidia are now working together on the hardware that will power Musk’s orbital data center ambitions. SpaceX announced on X on Tuesday that it is partnering with Nvidia to design the compute payload for Starmind AI1, the first satellite in a planned constellation built to run AI workloads directly in orbit. Each Starmind satellite will carry Nvidia’s Rubin GPUs and Vera CPUs, according to the post, which included renderings of the payload design.
The announcement landed hours before SpaceX’s first earnings call as a public company, where Musk went further, saying the company has committed to building its AI infrastructure exclusively on Nvidia hardware. “We think the Vera Rubin architecture is the best architecture. We think it’s the best AI computer, and we greatly value our close cooperation and partnership on many levels with Nvidia,” Musk told investors on the call,. “So we’re exclusive to Nvidia.”
Musk said SpaceX plans to deploy Nvidia’s Vera Rubin NVL72 rackscale system, codenamed Kyber, both on the ground and in space. He set a target of 2 gigawatts of compute capacity online by the end of this year, scaling to roughly 10 gigawatts by the end of 2027.
SpaceX’s newest Starmind will make earth data centers obsolete
Starmind has been in development since Musk confirmed the name in June, following an xAI trademark filing that tipped off the project before SpaceX made it official. The idea is massive in scope and instead of moving data down to ground based servers, satellites equipped with onboard processors and large solar arrays would compute AI workloads in orbit and beam results back to Earth. SpaceX has already filed with the FCC for a constellation of up to one million satellites to support the effort, citing constant solar power and the absence of zoning restrictions as advantages over terrestrial data centers.
The Nvidia exclusivity marks a shift in tone from just two weeks ago, when Musk was busy knocking down a report that SpaceX had ordered $52 billion worth of Nvidia GPUs through Foxconn, calling it fake news at the time. The dollar figure in that rumor may have been wrong, but the underlying direction seems correct. SpaceX’s AI division already leases Colossus compute capacity to Anthropic and Google, and Tuesday’s earnings report showed AI revenue climbing sharply as those deals ramp up.
Nvidia shares rose roughly 3% in Tuesday trading on the news, while SpaceX stock climbed nearly 9% during the day before giving back gains after hours as investors digested the earnings report’s capital spending figures.
SpaceX (NASDAQ: SPCX) reported a beat in revenues and EBITDA in its first earnings call report while also minimizing losses as its business continues to gain momentum.
After its IPO in July, SpaceX saw some tough losses on Wall Street due to a major selloff after a delay in its 13th Starship test flight. The ship launched later that week and completed what was arguably the most successful IFT operation in the Starship program’s history.
Nevertheless, the company is continuing on and reported some encouraging financials while also promoting what appears to be a robust outlook moving forward in its Space, AI, and Connectivity divisions.
SpaceX to report first-ever earnings today: here’s what to expect
Earnings Results
- Revenues: $7.8 billion reported vs. $6.7 billion expected
- Adjusted EBITDA: $3.5 billion vs. $2 billion expected
- Net loss of $541 million, an improvement of $467 million from net loss of $1.0 billion
Additionally, CFO Bret Johnsen had these comments:
“2026 has been a momentous year so far, and the second quarter demonstrated the true power of SpaceX. Revenue growth accelerated across all our business segments and we delivered strong operating leverage, with significant margin expansion led by our new AI compute agreements. Our unparalleled leadership in launch, Starlink subscriber growth, new enterprise and government partnerships, and best-in-class AI infrastructure underscore our ability to drive meaningful scale and deliver attractive returns. As a newly public company, we are delighted to welcome our broad base of shareholders and bondholders. We ended the second quarter with $100 billion of cash, cash equivalents, and marketable securities, and $47.5 billion in backlog. This financial strength gives us substantial capacity to invest in Starship, Starlink Broadband and Mobile satellites, and our AI platform, while maintaining a disciplined long-term capital allocation framework.”
Space Business Highlights
SpaceX shared some of its biggest Space Business Highlights for Q2:
- Space revenues grew 55% sequentially and 29% year-over-year to $962 million, driven by a higher number of large customer launches and a favorable customer shift compared to the prior year
- Total costs and expenses for the Space segment were up by $389 million year-over-year, as we continued to accelerate R&D investments in our Starship program, which we believe will reduce the cost to orbit by 99% or more relative to the historical average, and unlock significant revenue potential across all business segments
- Leading launch provider for the world with 78 launches and 1,041 metric tons of mass to orbit deployed over the six months ended June 30, 2026, primarily allocated to Connectivity for the deployment of our Starlink constellation
- Starship V3 development continued to advance towards full and rapid reusability:
- Completed Starship V3’s first suborbital mission in May, Flight 12, which achieved a successful lift off from our new Starbase pad, a precision landing of Starship’s upper stage, and deployment of modified V2 Starlink satellites
- Subsequent to the second quarter, completed Starship Flight 13 in July, which achieved all flight objectives including deploying 20 production V3 satellites, demonstrating in-space relight of a Raptor engine, and executing the softest ever splashdown of Starship, providing critical views of an intact heatshield
SpaceX will report its earnings today at 4:30 P.M. EDT.
Elon Musk issued a second pointed warning to SpaceX short sellers on Tuesday, just hours before the company was set to release its first quarterly earnings as a publicly traded firm. Responding to a report highlighting elevated short interest, Musk wrote on X: “I try to warn them, but they just double down …”
The comment came as data from S3 Partners showed roughly 95 percent of available SPCX shares to borrow were on loan, translating to about 34 percent short interest as a percentage of the float. The stock has traded under pressure since its record-breaking IPO in June 2026, declining significantly from early peaks.
I try to warn them, but they just double down … 🤷♂️
— Elon Musk (@elonmusk) August 4, 2026
This marks the second such message from Musk in under three weeks.
On July 17, amid post-IPO volatility, he stated: “The survival probability of firms who maintain a significant short position in SpaceX over time is very low.” At that time, SPCX had fallen roughly 30 percent from its peak above a $2.6 trillion valuation, with short sellers reportedly realizing gains of about $8.7 billion.
Musk’s warning aligned with optimistic analyses projecting that Starship-driven cost reductions could enable a multi-trillion-dollar space economy through applications such as orbital solar power, asteroid mining, data centers, and Mars-related projects, positioning SpaceX as critical infrastructure.
SpaceX is scheduled to report second-quarter results after the market close later today, followed by a webcast. Analysts anticipate revenue near $6.9 billion, reflecting growth in Starlink, launch services, and AI-related segments. The earnings release precedes a major lockup expiration on August 6 that could free hundreds of millions of insider shares.
Musk has a long track record of confronting short sellers, particularly regarding Tesla, where he has argued that persistent bearish positions underestimate transformative technologies. Critics view his optimism as overly ambitious given near-term stock fluctuations, while supporters see temporary dips as opportunities in a longer-term expansion of the space economy.
As SpaceX opens its books to public scrutiny for the first time, the high short interest and Musk’s repeated cautions set the stage for heightened market attention on the results and management’s commentary.
SpaceX and Nvidia team up on Musk’s orbital AI bet
SpaceX reports beat in first earnings while minimizing losses
