News
Porsche Taycan becomes first to charge at 270 kW on Electrify America’s Ultra-Fast DC Chargers
On the day of the Porsche Taycan’s unveiling, the all-electric sports car from Zuffenhausen traveled from Niagara Falls to Bloomsburg, Pennsylvania after a record-setting charging session. This was made possible with not only the Taycan’s 800-volt architecture, but also Electrify America’s (EA) ultra-fast 270 kW DC Charger, currently the fastest rate in the industry.
The Porsche Taycan utilized Electrify America’s high-powered charger to replenish its 93 kWh battery from 5% to 80% in 22.5 minutes. The 250-mile journey from the U.S.-Canadian border to Bloomsburg, PA provides an optimistic teaser of the rapidly-growing high-powered charging infrastructure in the United States, outside of Tesla’s better-known global network of Superchargers.
“When Electrify America was formed, the idea of ultra-fast public charging was still very theoretical, and no 350 kW chargers were available to electric vehicle drivers. Today we are proud to showcase our network’s diligent engineering capability through successful, real-world 270 kW DC fast charging examples, finally making ultra-fast public charging a true reality,” notes Giovanni Palazzo, Chief Executive Officer of Electrify, in a press release.
The Taycan was initially announced by Porsche to be compatible with Electrify America’s maximum output of 350 kW, though the German carmaker opted to adjust this rate to 270 kW, citing current battery cell chemistry can not safely support higher power levels. Nevertheless, even at 270 kW, the Porsche Taycan and Electrify America’s ultra-fast DC chargers still represent the fastest EV charging rate available in the market today.
The volume of chargers has seen a drastic rise in both technological improvement and mass expansion across the world due to the increasing demand for electric cars throughout the world. Electrify America’s latest ultra-fast chargers is in response to the growing demand for time-efficient chargers that will allow more people to recharge their vehicles in a shorter period of time.
Tesla, for its part, currently utilizes a network of 150 kWh Superchargers V2 stations, though the company has begun rolling out a network of 250 kWh V3 Superchargers. Tesla’s new, more powerful V3 Superchargers, along with Electrify America’s new, high-powered EV chargers usher in a new era of super-fast EV charging. With faster charge times, EV owners across the board will spend less time at charging stations during long trips, and more time behind the wheel, decreasing overall trip time. According to Tesla’s March 2019 press release regarding the new, high-powered superchargers will allow peak rates of 250 kWh per car, giving owners of the Long Range Model 3 75 miles of charge in only 5 minutes.
Elon Musk
Elon Musk sheds two new bits of detail on Starship after 13th test launch
Elon Musk shed two new bits of detail on Starship following its 13th test launch, which was an overwhelming success.
SpaceX launched Starship for the 13th time last Friday after two delays: one on Monday when several Raptor engines did not ignite, and another on Thursday due to unfavorable weather conditions in Starbase, Texas.
The launch was overwhelmingly successful. SpaceX was able to complete a necessary test of the heat shield tiles by increasing the acceleration of Starship from launch throughout the flight; 20 Starlink v3 satellites were released with no issue; the Super Heavy Booster landed safely in the Gulf of America, Ship successfully reignited engines while in space; and it also splashed down without incident in the Indian Ocean.
SpaceX Starship just nailed something it’s never done before
Nevertheless, more details are coming out about Starship, and Musk is doing the talking.
Starship Will Be Retrieved in the Ocean
Musk revealed on Tuesday night that Starship would be recovered by a ship in the Indian Ocean. SpaceX routinely tries to recover Starship after splashdown in an effort to find out more about the flight by examining the spacecraft afterward.
We’re sending a ship out to recover Starship https://t.co/fUqUZTITO9
— Elon Musk (@elonmusk) July 28, 2026
This helps engineers find out more about why things might have happened, allows them to examine any potential damage or anomalies that might have occurred, and increases the chances of an even more successful flight next time thanks to the additional information recovered.
Ship Could Have Been Caught by Tower Arms, Musk claims
Musk has already indicated that SpaceX will plan to attempt a catch of Starship with the 14th test flight. While this would be a major accomplishment, it would be an expected next step, considering the fact that the Super Heavy Booster has already been caught by the chopsticks on numerous occasions.
The ship landing was precise, meaning that it would have been caught by the tower arms https://t.co/6nbNrRfX9P
— Elon Musk (@elonmusk) July 29, 2026
A ship catch would be a great indication of where SpaceX stands in terms of reusability and launch cadence. A successful catch with relatively no incidents would be a good sign that SpaceX is nearing a more frequent launch of Starship, but also that the reusability of the massive rocket would be something many would expect in the near future.
It is a necessity to make life multiplanetary.
Elon Musk
Elon Musk updates the SpaceX timeline for Mars
Elon Musk has updated his timeline for when humans will walk on Mars and for when ships will simply get there.
The objective of getting to Mars has been one of Musk’s biggest goals since becoming a serial entrepreneur and realizing that time on Earth is limited. Musk has said several times he hopes to die on Mars, and not by impact.
Musk now believes that people will be on Mars in “roughly 5 to 7 years.” He said that a Mars lander will get there “a few years sooner.”
People on Mars in roughly 5 to 7 years.
Mars lander a few years sooner.
— Elon Musk (@elonmusk) July 29, 2026
The response from Musk comes after NASA Administrator Jared Isaacman said that SpaceX’s biggest priority is the Moon and not Mars. Because of this, Isaacman conceded that he believes nuclear power and propulsion investments will provide “potentially the pathway with the fewest miracles required to put four people on Mars in the next 10 to 15 years.”
Of course, this is what NASA can do through taxpayer funding and nuclear investments, he added.
Musk’s grand ambitions are much more optimistic than most, and it is certainly a double-edged sword. This is not the first time timelines for Mars have been somewhat lofty, especially to those normal thinkers like you and me, not super geniuses like Musk.
In fact, the SpaceX and Tesla frontman has said on at least a dozen occasions that we could be on Mars in the coming years. Musk said 2020 would be the big year as early as 2009. In 2020, he was “highly confident” of a landing in 2026, and had even said 2024 in a best-case scenario.
The point is, the range has varied, and it’s anyone’s guess when we’ll get there. This latest adjustment to the timeline is typical of Musk, and while the Moon has seemingly taken priority over Mars, it is still worth mentioning that the ultimate goal is to make life multiplanetary, and it starts potentially with the Red Planet.
Investor's Corner
SpaceX gets an absolutely crazy price target after rough IPO
SpaceX (NASDAQ: SPCX) got an absolutely crazy price target rating from Raymond James after the company experienced a tough first few weeks following its Initial Public Offering (IPO).
Despite the tumultuous start, SpaceX has plenty of believers, and the company’s massively successful Starship launch last Friday, its 13th test flight of the massive rocket, went so smoothly that Raymond James analysts pushed its price target on the company to roughly 7 times its current trading level.
SpaceX Starship just nailed something it’s never done before
The firm officially put a “Strong Buy” rating and an $800 price target on the stock. It currently trades at around $113. Its all-time high is $225.64, reaching this trading level shortly after shares first went public.
Raymond James’ price target is tied to the firm’s confidence after Starship’s 13th test flight. Analysts at the firm said it was an incremental step that reduces engineering risks, citing the widely successful heat shield test that CEO Elon Musk recently detailed, the smooth deployment of Starlink V3 satellites, and a successful in-space engine relight.
SpaceX also managed to see Starship splash down safely in the Indian Ocean, while the Super Heavy Booster fell down to the Gulf of America with no incidents.
It is interesting to see these launches have such a tremendous impact on the stock and what investors think of it. After SpaceX initially delayed the Starship launch last week, shares fell tremendously. Most probably did not realize that the stand-down is a standard practice, especially if everything is not perfect.
The mission was initially aborted due to an issue with Raptor engines. This was resolved, and Starship launched last Friday after another delay on Thursday, which was caused by weather.
Now that analysts have seen what SpaceX launches are capable of and how impressive the feat is, firms are adjusting their price targets accordingly, making it known that they have high expectations for the space exploration company.
