Recent Starship V3 test flights, including Flight 13's intact Ship reentry with improved heat shield performance, in-space Raptor relight, and Starlink V3 deployment, combined with repeated Super Heavy booster tower catches, underpin the near-even 52% trader consensus on full reusability before 2028. These milestones demonstrate progress toward rapid reuse of both stages via Mechazilla arms, yet the Ship has not yet achieved a tower catch or reflight, leaving critical gaps in orbital return reliability and rapid turnaround. Upcoming catalysts include Flight 14's planned orbital attempt and potential Ship catch later this month, Booster 12's targeted reflight by late 2026, and Musk's projection for an upper-stage reflight by early 2027, all contingent on FAA approvals and sustained V3 engine and avionics performance.