SpaceX Super Heavy booster explodes after offshore landing; mid-air catch cancelled

The cancelled catch is the more telling detail: the offshore landing was meant to be the controlled outcome, and the explosion after touchdown leaves the recovery sequence unresolved rather than merely delayed. The muted after-hours move suggests markets are treating this as an operational setback inside a longer test campaign, not a verdict on the program. What is worth watching is whether SpaceX discloses the cause of the post-landing failure; the absence of detail is itself the open question, since the booster's reusability case rests on recovery working reliably.