The reports I am reading elsewhere indicate they have made it, although things got a bit dicey. From the sounds of it, they had RCS problems when they left the atmosphere. I do not know if Melvill regained orientation during the exoatmospheric flight or had to wait until the shuttlecock re-entry.
Early reports are that they made the altitude necessary for the X-Prize flight; now they have to do it again within the next two weeks. Hopefully the controls problem can be worked out.
It is a tribute to the design that the craft could tumble going out of the atmosphere and yet return intact. It is also a tribute to the pilot and an answer to those who think robots are the answer. Robots make craters. Pilots usually bring the ship back in one piece.
Now we wait for more detailed reports on the flight.
More It looks like the problem was not RCS. Melvill shut down the main engines 11 seconds early to stop the roll rate buildup. That sounds like some sort of main engine burn asymmetry. Again, we will just have to wait. But they do appear to have made the necessary altitude.
Update Melvill put the blame for the roll on himself. It was not a fault with the ship. Perhaps Melvill has just invented the space age equivalent of PIO (pilots will know what I’m talking about).