SpaceX's recent Starship Flight 13 in July 2026 delivered the strongest evidence yet for rapid reusability progress, with the V3 upper stage surviving reentry intact, deploying operational Starlink satellites, relighting a Raptor engine in space, and yielding the first undamaged heat shield data after a controlled splashdown. These milestones, following V3 design upgrades to engines, hot staging hardware, and thermal protection, have accelerated plans for tower catches of the ship on upcoming flights like Flight 14, building on prior Super Heavy booster recoveries. Traders see the program's aggressive iteration cadence and demonstrated reentry reliability as key factors supporting a 63.5% implied probability of full tower-catch reusability for both stages before 2028, though orbital refueling tests and regulatory approvals remain near-term swing factors.