News
SpaceX just surpassed ULA to snag an American launch record (and landed a rocket)
SpaceX has successfully completed its 84th Falcon 9 rocket launch (and 52nd booster landing), surpassing the United Launch Alliance’s Atlas V to snag a long-standing American launch record.
At 3:30 pm EDT (19:30 UTC), Falcon 9 lifted off right on time after a seven-day delay and rare one-day slip forward. The 6th Starlink v1.0 mission and 7th Starlink launch overall, Falcon 9 successfully placed another batch of 60 satellites in orbit just 35 days after an almost identical booster suffered SpaceX’s first in-flight engine failure in more than eight years. Thankfully, SpaceX says that it already determined what went wrong on March 18th and the successful launch on April 22nd certainly goes a long way towards confirming its conclusions.
Like all Starlink v1.0 launches, a flight-proven Falcon 9 booster (B1051’s fourth flight) and a new upper stage worked together to send some 16 metric tons (~35,000 lb) of Starlink satellites into a very low Earth orbit (VLEO). Booster B1051 performed exactly as expected on its fourth orbital-class launch, burning for about 2.5 minutes before separating and allowing an expendable Falcon 9 upper stage to continue to orbit with its Starlink payload. About six minutes later, after a successful reentry burn and landing burn, the rocket gently touched down on drone ship Of Course I Still Love You (OCISLY). Seconds later, the upper stage shut down after safely placing 60 Starlink satellites in the correct orbit.
Another six minutes later, the same upper stage successfully deployed all 60 Starlink satellites, allowing them to slowly spread out on there own – a bit like a giant deck of cards with the weight of a small tank.
Aside from serving as an extremely reassuring return-to-flight and return-to-landing for Falcon 9 after an in-flight engine failure and two back-to-back booster landing failures, the successful launch also means that Falcon 9 now holds a significant US rocketry record. In essence, SpaceX’s workhorse rocket is now the most prolific US launch vehicle currently operating, surpassing the United Launch Alliance’s Atlas V. Since August 2002, the ULA rocket has completed 83 (mostly) successful launches.
Debuting more than eight years after Atlas V, Falcon 9 passed the 83 launch mark on March 18th and has now successfully crested 84 launches with its April 22nd Starlink-6 mission. In other words, despite operating less than half as long as Atlas V, Falcon 9 has already completed more launches than the ULA workhorse rocket, averaging one launch every 1.3 months compared to Atlas V’s 2.7 months. While SpaceX’s latest Falcon 9 v1.2 rocket variant has only launched 62 of its 84 missions since it debuted in 2015, it’s still considered slightly more reliable than the famously reliable Atlas V.
In short, SpaceX’s Falcon 9 rocket continues to prove itself to be exceptionally capable and reliable, while also managing to rapidly become one of the most-launched US rockets ever. Given that SpaceX is set on continuously and aggressively increasing the rocket’s launch cadence, Falcon 9 may be just a few years away from becoming the most-launched modern US rocket ever – a title currently held by Delta II (retired in 2018).
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.
The Tesla and SpaceX merger everyone is talking about is quietly building
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
