re: SPCX IPO

Wish I knew how much of this is margin calls etc vs fundamental selling

REMINDER: SpaceX is preparing to attempt the first full recovery of an orbital rocket, with plans to catch both stages of Starship during Flight 15 this Friday, November 13.

The 75-minute launch window opens at 4:45 p.m. CT from Starbase, Texas, pending final regulatory approval.

The mission calls for:

> Super Heavy: The upgraded V3 booster will attempt a return to the launch tower approximately 6.5 minutes after liftoff.

> Starship: The upper stage will enter an orbit approximately 275 kilometers above Earth, complete 14 orbits over more than 22 hours, then attempt its first-ever catch by the tower's mechanical arms.

> Starlink: The spacecraft will deploy 26 operational V3 satellites, each designed to add roughly 1 terabit per second of network capacity.

> Heat shield: Three Starlink satellites will carry cameras to inspect Starship's thermal protection system in orbit. Flight 15 will also test redesigned curved heat-shield tiles intended to reduce heating between tiles.

SpaceX has previously caught Super Heavy boosters, but has never recovered the Starship upper stage.

The company has established contingency splashdown locations in the Pacific Ocean and Gulf of Mexico if the spacecraft cannot safely return to Starbase.

A successful double catch would mark the first full recovery of an orbital launch system, a major step toward SpaceX's goal of rapidly reusing both rocket stages.