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SpaceX’s first Cargo Dragon 2 recovery delayed by Atlantic Ocean weather

SpaceX's upgraded Cargo Dragon is set to depart the ISS for its first reentry and splashdown later this week. (Roscosmos - Sergey Kud-Sverchkov)

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Update: The first undocking, orbital reentry, and splashdown of SpaceX’s upgraded Dragon 2 cargo spacecraft was aborted by NASA ground controllers minutes before the process was scheduled to begin. According to NASA, weather in the preferred recovery zone – off the coast of Daytona Beach, Florida – was to blame.

“As a result of adverse weather conditions at the targeted splashdown zone off the coast of Daytona Beach, Florida, SpaceX has waved off today’s planned departure of an upgraded SpaceX Dragon resupply spacecraft. Teams are currently assessing weather conditions to determine the next opportunity for undocking.”

NASA – January 11th, 2021

SpaceX’s upgraded Cargo Dragon spacecraft is just a day or two away from its first International Space Station (ISS) departure, Earth reentry, and ocean splashdown.

The uncrewed Dragon capsule (known as C208) and its expendable trunk section are currently scheduled to depart from the ISS no earlier than the morning (EST) of January 12th – set to be the first time an uncrewed US cargo spacecraft autonomously undocks from the orbital outpost. Previous US cargo vehicles – including SpaceX’s own Cargo Dragon – have relied on berthing, rendezvousing with the ISS and hovering close by while a giant robotic arm was used to capture and secure each spacecraft.

Cargo Dragon 2 wont be the first outright to do so: the uncrewed European ATV and Russian Progress vehicles both used the Russian Docking System (RDS) to deliver cargo to the ISS over the last two decades. However, Dragon’s CRS-21 departure will be the first time an uncrewed cargo spacecraft completes a full mission with the help of NASA’s new International Docking Adapter (IDA), as well as an IDA’s third round-trip use ever.

As early as Tuesday, January 12th, Cargo Dragon capsule C208 is scheduled to reenter Earth’s atmosphere and splash down in the ocean for the first time. (NASA)

In fact, SpaceX is solely responsible for the four total uses of the Space Station’s twin IDA ports – both fittingly delivered by Cargo Dragons in 2016 and 2019. In March 2019, Crew Dragon – flying without astronauts on its Demo-1 mission – became the first spacecraft ever to autonomously dock with and undock from an IDA port. In May and August 2020, a separate Crew Dragon spacecraft repeated the feat, autonomously docking and undocking with two NASA astronauts onboard.

SpaceX’s Demo-1 Crew Dragon became the first spacecraft to successfully use NASA’s International Docking Adapter in March 2019. (Oleg Kononenko)
Crew Dragon C206 became the second to dock with IDA – and the first with astronauts aboard – around 14 months later. (NASA)
Crew Dragon C207 (right) became the third in November 2020, followed by Cargo Dragon C208 (left) less than a month later. (NASA)

In November 2020, SpaceX launched Crew Dragon on its first operational ferry mission with four astronauts. The spacecraft safely docked to the ISS and is scheduled to remain there until at least March or April 2021. Most recently, SpaceX launched its first Cargo Dragon 2 on December 6th, 2020, and the spacecraft docked without issue a day later. Now scheduled to undock as early as January 12th, a successful departure, reentry, and splashdown will truly mark the start of a new era of autonomous SpaceX spacecraft.

Cargo Dragon 1 spacecraft were manually captured and berthed by ISS astronauts with Canadarm2. (NASA)

Unlike the largely manual berthing method used by Japanese HTV, Orbital ATK Cygnus, and SpaceX Cargo Dragon spacecraft, SpaceX’s Crew Dragon and Cargo Dragon 2 vehicles took advantage of IDA’s mechanical differences to heavily automate the cargo and crew delivery process. Using LiDAR, cameras, complex software, SpaceX’s new Dragons effectively dock themselves, ultimately requiring less training and work for the station astronauts that would otherwise need to manually support berthing operations.

Used to support refrigerated or otherwise power-intensive cargo, Cargo Dragon 2 features twice as many “powered lockers” as its predecessor and is scheduled to return an impressive ~2360 kg (5200 lb) of cargo – including dozens of science experiments – to Earth. More than a decade after Dragon became the first private spacecraft to successfully reenter Earth’s atmosphere, Cargo Dragon is still the only spacecraft in the world capable of delivering substantial cargo from Earth to orbit and from orbit to Earth.

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An artist’s rendering of a Crew Dragon capsule reentering Earth’s atmosphere. (SpaceX)

After detaching from its expendable trunk section and reentering Earth’s atmosphere, Cargo Dragon C208 will also become the first cargo spacecraft to splash down in the Atlantic Ocean or Gulf of Mexico thanks to SpaceX’s decision to consolidate its California and Florida Dragon recovery operations on the East Coast.

Also used to recover Crew Dragons, SpaceX ship GO Searcher departed Port Canaveral for its central role in CRS-21’s imminent splashdown. Once Cargo Dragon C208 splashes down at one of four available recovery zones, SpaceX recovery teams will grab and secure the spacecraft and open its hatch. Uniquely time-sensitive cargo can then be transferred to a waiting helicopter for an unprecedentedly rapid return to researchers back on land,

Stay tuned for SpaceX and NASA’s live coverage of Cargo Dragon 2’s first ISS departure and recovery on January 12th or 13th.

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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Tesla CEO Elon Musk reminds everyone about Roadster’s true meaning

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Elon Musk addresses the crowd next to the new Tesla Roadster, which Tesla offers in Performance, Thrust and Rocket versions. (Image: Tesla/X)
Elon Musk addresses the crowd next to the new Tesla Roadster, which Tesla offers in Performance, Thrust and Rocket versions. (Image: Tesla/X)

Tesla CEO Elon Musk took to his social media platform X on Sunday to remind everyone that the Roadster’s true meaning is not about company growth or adding dollars to shareholders’ pockets. Sometimes, you just do things because you can.

Following the Roadster’s epic unveiling event last Thursday, skeptics and critics of the company or the project itself came out to say that the vehicle is a pointless project because it is not geared toward growing the company, delivering supreme margins for profitability, nor does it contribute to the big picture of Artificial/Super Intelligence.

But that’s just the thing: Roadster is not meant to be some shareholder dream; it’s meant to be a vehicle that people buy just because it is something awesome, unique, and the first of its kind.

Tesla Roadster: Three configs, one can fly, 0-60 in 0.8 seconds

Musk had to remind those who are skeptical about the Roadster’s importance to the company mission that while it is not a major contributor to Tesla’s long-term goals, it is something that is being built just because it can be:

“Optimus and Cybercab will be the vast majority of Tesla’s value. The only things that will scale to incredible size (K2 and beyond) economically are super intelligence, robots, solar power, and mass to space. And, of course, if you have the first two, the rest will follow. But Roadster is super cool, so we’re doing it anyway.”

Musk has said on many occasions that Optimus would be the project that would make up the vast majority of Tesla’s value in the coming years.

Robotics will be a major focus of Tesla over the coming years, especially as Musk believes Optimus will enable work to be optional for humans and will enable what he calls “High Universal Income.”

Cybercab will be a passive income opportunity for owners, Musk and Tesla have said for a very long time, as a fleet of self-driving vehicles will operate within a ride-hailing Robotaxi service that won’t require a human driver to be present.

Tesla investors are more than enthusiastic about the company’s future projects, at least from a general consensus perspective. However, it is important to note that the Roadster is a fun and cool project that pushes the boundaries of what people thought was possible for an automobile.

What we saw last week was the first true example of a flying car, and despite the backlash about how it might not contribute to Tesla’s grand ambitions, it’s okay to have fun sometimes, too.

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Investor's Corner

SpaceX’s biggest earnings test yet lands Tuesday, and Tesla shareholders should be watching

SpaceX reports earnings Tuesday as Wall Street watches AI spending, Starlink growth and Tesla merger

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SpaceX reports third quarter results after the market closes Tuesday, with a webcast at 4:30 p.m. ET streamed on X, and Tesla follows a day later. Bloomberg consensus, cited by Pepperstone, calls for revenue of $12.89 billion, adjusted EBITDA of $6.62 billion and adjusted EPS near $0.15. That would be about 65% growth from the second quarter and SpaceX’s first profitable quarter since its IPO. Analysts expect roughly $6.4 billion from AI and $4.9 billion from Starlink, which is projected to reach 14.3 million consumer subscribers. Capital spending is forecast at $19.6 billion, leaving free cash flow near negative $11.6 billion.

The numbers matter because SpaceX has spent months trying to win over a skeptical market. It priced its record IPO at $135, spiked to $225.64, then sank near $105 in early August. Friday’s close of $146.03 sits about 28% below the June high. The Q2 report beat on revenue at $7.8 billion and put Starlink at 12 million subscribers, but $18.4 billion of capex hurt the stock. Since then SpaceX reached orbit on Starship Flight 14 with 26 Starlink V3 satellites, agreed to buy 800 MHz spectrum for about $8 billion as part of its Starlink Mobile push, and signed a fourth compute hosting deal in four months worth roughly $13 billion a year from December. Management is targeting more than 2 gigawatts of compute by year end and a $100 billion annualized revenue run rate. Evercore ISI, which raised its target to $275, said the quarter may be judged more on those targets than the reported figures

All of this sits under the Tesla merger question. Barclays analyst Dan Levy expects an all stock deal in which SpaceX buys Tesla at a premium, using reference values of $2.1 trillion and $1.5 trillion, and said an announcement would need to come by late October or early November to be voted on at Tesla’s December 6 annual meeting. Barclays estimates Musk would hold about 37% of the combined company and 56% of the votes. Musk said in July that combining companies cannot be discussed on an earnings call, but an investor question asking when SpaceX will merge with Tesla is sitting on SpaceX’s Q&A platform, and Teslarati has tracked how the Roadster demo revived the talk.

If a deal happens, Tuesday’s result would effectively set the price Tesla holders would receive. Their shares would convert into SpaceX stock, along with exposure to a company with a heavy investment on AI, while Tesla itself expects 2026 capex above $25 billion. A strong quarter and calmer spending would make that exchange easier to sell. Another round of heavy capex and a falling stock would make it harder.

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SpaceX’s Gwynne Shotwell just made a quiet gesture toward Tesla

SpaceX president Gwynne Shotwell quietly followed Tesla on X, and merger watchers noticed right away.

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SpaceX President and COO Gwynne Shotwell has started following Tesla’s official account on X, a small change that landed in the middle of a very loud merger conversation. Whole Mars Catalog joked about it on Sunday.

A follow is not an announcement, and neither company has said anything about a deal. What gives the moment weight is the timing. Barclays analyst Dan Levy has told clients that an agreement could come before Tesla’s annual meeting, which must be held by December 6, with SpaceX as the buyer in an all stock deal, as we reported after the Roadster unveiling. Wedbush’s Dan Ives has stuck with a 2027 timeline.

Shotwell is the executive most worth watching if the two companies do move closer. When Musk was asked at the All In Summit why Tesla and SpaceX remain separate, Shotwell sat next to him and said SpaceX personnel had already moved into xAI to fill leadership and engineering gaps. The businesses were integrating “faster than I thought,” she said, though “not fully integrated yet.” Her responsibilities have also grown since SpaceX absorbed xAI, and she now oversees operations that include Grok and the company’s AI compute buildout.

The financial links are already there. Tesla’s $2 billion xAI investment turned into a stake of less than one percent in SpaceX, the two share the Terafab chip project in Austin, and Musk exercised his 2018 Tesla options a week after SpaceX began trading, a sequence analysts flagged as giving SpaceX public shares to use in a deal. Musk holds about 20 percent of Tesla and controls 85.1 percent of SpaceX’s voting power, according to our earlier breakdown.

The next test is close at hand. SpaceX reports its second earnings as a public company on Tuesday after the close, and Tesla follows on Wednesday. Musk told analysts in July that “we can’t talk about combining companies and that kind of thing on an earnings call,” so a direct answer is unlikely from either stage. Tesla shareholders can still submit and vote on questions through the Say portal until 4 p.m. EDT on Monday, and the merger is a recurring theme in the queue.

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