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SpaceX rocket performs first last-second launch abort in years, delaying Starlink mission
A Falcon 9 rocket has performed SpaceX’s first last-second launch abort in years, shutting down the booster’s main engines and preventing liftoff just milliseconds after ignition.
Scheduled to lift off at 9:22 am EDT (13:22 UTC) on March 15th, SpaceX will now wait until no earlier than (NET) 8:21 am EDT (12:21 UTC) on Wednesday, March 18th for the sixth 60-satellite Starlink mission’s next launch attempt. Featuring an exceptionally flight-proven Falcon 9 booster and marking the second time ever SpaceX has reused a payload fairing, yesterday’s launch abort is also unique in its own right.
Notably, shortly after the launch countdown froze and Falcon 9 shut down at T-00:00:00, a launch operator – on-console either in Florida or at SpaceX’s Hawthorne, CA headquarters – revealed that the rocket had triggered a “launch abort on engine high power”. To explain that decision, a little background on how SpaceX launches its rockets and what exactly abort conditions are is necessary.
Software has always been a central part of SpaceX’s launch vehicles, treated more like a first-class citizen in design and engineering instead of the reluctant necessity other launch providers have frequently relegated it to. For anyone that’s watched numerous SpaceX launch webcasts, some might recognize the familiar “vehicle is in startup” callout that made around T-1 minute to liftoff. Standard on most modern launch vehicles, SpaceX’s Falcon rockets use onboard computers to take over their countdowns shortly before launch.
This is mainly done to allow the vehicle to simultaneously analyze thousands of channels of telemetry far faster and more reliably than humans ever could. During today’s launch attempt, that meant that Falcon 9 saw something it didn’t like just milliseconds before it was scheduled to command the release of the pad’s hold-down clamps and lift off.
Per one of SpaceX’s on-console engineers, the specific issue Falcon 9’s computer flagged was an “engine high power” alert. Soon after, SpaceX provided an update on Twitter, stating that the abort was “triggered due to out-of-family data during [an] engine power check” – putting the blame more on the sensors and software used to determine engine thrust than the engine hardware itself. An actual hardware or software failure that caused one or several booster engines to exceed their design limits could have potentially damaged B1048’s Merlin 1Ds, likely requiring weeks of repairs or a full swap with a different booster.
Given that Falcon 9 B1048 has already performed four orbital-class launches, hardware issues would not come as a major shock, but the successful static fire test it completed on Saturday made that far less likely. SpaceX’s confirmation that it was looking at an “out-of-family” reading thankfully means that only one of several thrust sensors showed the Falcon 9 booster producing too much thrust.
With any luck, post-ignition launch aborts will continue to be extremely rare for SpaceX’s Falcon launch vehicle family. The last such abort occurred in February 2016, more than four years and several booster ‘Block’ iterations ago.
Starlink L6 (V1 L5) is now scheduled to launch on Wednesday, March 18th, giving SpaceX workers some 72 hours to inspect Falcon 9 B1048’s engines, replace thrust sensors, tweak software, and prepare for a second launch attempt. Drone ship Of Course I Still Love You (OCISLY), fairing recovery ships GO Ms. Tree and GO Ms. Chief, and another support vessel or two remain on station in the Atlantic Ocean and will have to wait a bit longer for their next rocket recovery attempts.
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Investor's Corner
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
Tesla short seller Michael Burry, the subject of the film “The Big Short,” where he was portrayed by Steve Carell, has revealed he has opened a new bet against the stock.
In a new update to his Substack newsletter in a post titled “Trading Post June 30, 2026,” Burry revealed a new set of bets against Tesla, Caterpillar, NVIDIA, Applied Materials Inc., and the iShares Semiconductor ETF.
In regard to Tesla, Burry wrote:
“And finally I shorted Tesla at 416.22. Happy it jumped back to this level.”
This means Burry likely opened his new short position after the company’s recent rally on Wall Street, which saw Tesla shares sink in mid-May, only to recover to well over the $400 mark. Currently, shares trade at around $427.
The company saw a big Tuesday as shares climbed considerably, over 10 percent. The size of the Tesla short was not provided, nor did Burry give any information on the position’s structure, the number of shares, dollar value, or whether options were used in the short.
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Over the years, Burry has been one of the more vocal critics of Tesla, calling its share price “media inflated,” and saying it was “ridiculously overvalued” as recently as December.
The company has largely transitioned away from being known as an automotive company and instead is much more widely regarded as an AI play, mostly due to its Full Self-Driving efforts, Optimus robot development, and data collection related to both.
This has not pulled those skeptics away from being vocal about their distaste for how Tesla is valued, but there’s no denying that the company is a global force in many things, including sustainable energy, automotive, and AI.
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.”
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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 gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
SpaceX gets initial stock coverage from Tesla’s biggest bull
