News
Rivian unveils R3 and R3X following launch of R2
Rivian unveiled two additional vehicles following the launch of the highly-anticipated R2, as it rolled out the R3 and R3X.
The R3 and R3X, which is the Performance configuration of the R3, came as an unexpected surprise for viewers as CEO RJ Scaringe explained the changes it had made for the R2 from the R1 platform. Nobody expected Rivian to roll out another vehicle and show off its high-end, performance-geared edition, as well.
Rivian R2 unveiling: Features, specs, price, release date revealed
The R3 is an even more compact version of the R2 and is slightly similar in looks to 1980s-era rally vehicles. Its small, compact design is coupled with a hatchback-style rear door that features multiple entry points for more cargo space, especially for long, outdoor items like surfboards and skis.
R2 is just the beginning. Say hello to R3. pic.twitter.com/zHaWUOE7vP
— Rivian (@Rivian) March 7, 2024
Rivian kept most of the introductory details of the R3 and R3X, like price, specific performance specifications, and availability, under wraps. The R2 is, without a doubt, taking priority for Rivian moving forward due to its low price and potential to bring the automaker toward a more stable financial situation.
Despite the lack of key specs, Rivian was sure to detail the inspiration for the R3, and it appears rally vehicles were exactly what the company was after when the vehicle came to fruition:
R3X is a rally-inspired crossover designed for whatever you throw at it.#RivianR3X pic.twitter.com/zBzKzi8Ilg
— Rivian (@Rivian) March 7, 2024
R3 is described by Rivian as “a midsize crossover that is tidy on dimensions but delivers big in terms of performance, off-road capability, passenger comfort, and storage.” The company expects the R3 to be priced “below the R2, making Rivian vehicles more accessible to more people.”
Configurations
Both the R2 and R3 vehicles will feature three configurations: a Single, Dual, and Tri-Motor variant. The Tri-Motor will enable 0-60 MPH in under three seconds.
R3 is our take on what a crossover can be — built on the same midsize platform as R2, but smaller and at a lower price point.#RivianR3 pic.twitter.com/V6nDXbF95F
— Rivian (@Rivian) March 7, 2024
Structural Battery Pack
Each R2 and R3 build will also feature a structural battery pack with an all-new 4695 battery cell. These new batteries are set to enable over 300 miles of range on a single charge in each car. They will be DC fast-charging capable with both the NACS and CCS inlets and will charge from 10 percent to 80 percent in less than 30 minutes.
Self-Driving
Rivian plans to utilize 11 cameras, five radars, and a new, more powerful computing platform to help it achieve autonomous driving capabilities.
Interestingly, Rivian is employing both cameras and radars for its self-driving quest, differing from Tesla, who switched to camera-only.
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Elon Musk
SpaceX announces new Starship 13 test flight target date
SpaceX has announced a new target date for the thirteenth test flight of Starship: Monday, July 20, with the launch window opening at 6:45 p.m ET/5:45 p.m. CT.
This is the first rescheduling attempt of Starship’s 13th test flight. It was set to launch last night, but SpaceX scrubbed the launch attempt.
🚨 SpaceX is now looking at Monday, July 20th at 6:45 p.m ET/5:45 p.m. CT for the 13th test flight of Starship pic.twitter.com/7s8aMJV5Ge
— TESLARATI (@Teslarati) July 17, 2026
CEO Elon Musk revealed that some of the engines on Starship did not start, which automatically triggers a launch abort. Two of the Raptor engines will be removed and replaced.
To be confident of a good flight, 2 Raptors will be removed & replaced. Most probable launch timing is early next week.
— Elon Musk (@elonmusk) July 17, 2026
SpaceX officially announced the new launch window this morning.
Starship’s 13th test launch comes with a few new objectives, but SpaceX does not plan to attempt a catch of the booster, which it has done several times in the past.
For Starship’s Upper Stage, there are some adjustments to ensure engine reusability that will be assessed during the ascent, and 20 operational Starlink V3 satellites are also set to make their way into space. SpaceX also plans to attempt an in-space relight of a single Raptor engine, which is a critical demonstration for future orbital deorbit, refueling, and deep space maneuvers.
Ultimately, it will splash down in the Indian Ocean.
The continuous tests help SpaceX advance the Starship program toward eventual full reusability, operational Starlink V3 deployment, and future missions, which include NASA’s Artemis program.
Elon Musk
SpaceX Starship Flight 13 aborted at Zero and Musk just told us what broke
Four Raptor engines failed to ignite at T-zero, forcing SpaceX to scrub Starship Flight 13 Thursday.
SpaceX scrubbed the Starship Flight 13 launch attempt Thursday evening at the last possible moment, after four of the Super Heavy booster’s 33 Raptor 3 engines failed to ignite during the startup sequence. The 90-minute window had opened at 6:45 p.m. EDT from Starbase in Boca Chica, Texas, and the countdown had proceeded without issue all day, with more than 11.5 million pounds of liquid methane and liquid oxygen being fully loaded into the rocket before the automated abort triggered. SpaceX’s launch directors posted on X, “Standing down from today’s flight test attempt,” and shut down the livestream shortly after.
Musk confirmed the root cause within hours. “Some of the engines didn’t start, triggering an automatic launch abort,” he wrote on X. “To be confident of a good flight, 2 Raptors will be removed and replaced. Most probable launch timing is early next week.” SpaceX engineers began draining propellant tanks immediately and Booster 20 was rolled back to its hangar for inspection.
The timing adds a layer of significance that did not exist during any of the previous 12 Starship flights. This is the first time SpaceX has attempted to launch Starship since the company made its stock market debut in June, listing under ticker SPCX at $135 per share. Public investors are now watching every Starship outcome in real time, and a last-second abort carries more visibility than it would have six months ago.
Flight 13 was designed to be one of the most consequential tests in the program’s history. It was set to carry 20 Starlink V3 satellites, the first operational payload Starship has ever attempted to deploy. Six of those satellites carried external cameras to photograph Starship’s heat shield from the outside during flight, which would act as a self-inspection approach SpaceX has never attempted before. The mission also needed to complete a Raptor engine relight in space, a step SpaceX skipped on Flight 12 in May after losing an engine during ascent. That Flight 12 booster also flipped 90 degrees off course during its boostback burn when five engines failed to reignite.
SpaceX has not announced an official next launch date. Musk’s “early next week” window points to July 21 or 22 at the earliest, pending the engine swap and a return to the pad.
News
Elon Musk secretly acquires $1B energy company to power the AI future
Elon Musk flew under the radar with his recent purchase of a $1 billion energy company, according to Federal Trade Commission (FTC) documents.
Transaction number 202612350 listed Tesla and SpaceX frontman Elon Musk as the acquiring party and CF APR Super Holdings LLC as the seller, with New APR Energy, LLC as the acquired entity. The deal, which closed without public announcement, came to light on May 14.
BREAKING: Elon Musk acquires Jacksonville power company APR Energy in a deal valued at more than $1,000,000,000.00.
— Polymarket Money (@PolymarketMoney) July 15, 2026
Analysts inferred the deal’s scale from minority stakeholder disclosures, including one report of a 5 percent interest sold for approximately $50.4 million. Fortress Investment Group had purchased APR’s assets in late 2024, rebranded the operation as New APR Energy, and subsequently transferred ownership to Musk.
APR Energy specializes in rapidly deployable power infrastructure. The company maintains one of the world’s largest fleets of mobile gas and diesel turbines, with more than 1.1 gigawatts of generation capacity. Its modular units, which are often trailer-mounted, enable turnkey installations ranging from 20 MW to over 500 MW.
APR provides full engineering, procurement, construction, operation, and maintenance services for behind-the-meter power plants, serving everything from data centers, utilities, and industrial clients.
The firm has expanded aggressively to meet surging demand, recently adding turbines and deploying over 100 MW for a major AI hyperscaler. Its solutions bridge critical gaps where grid interconnections face delays of two to five years, according to Yahoo.
The acquisition means something more for Musk. As he continues to expand projects in artificial intelligence, especially xAI, his AI venture, there is a greater need to supply energy-intensive supercomputing clusters, including the Colossus project, with what they need: reliable and high-capacity power.
Ownership of APR provides immediate access to flexible generation assets that can be deployed adjacent to data centers, reducing dependence on a strained infrastructure. It also complements Tesla’s energy storage business, so Musk will be able to pull from his own entities to address the rapid scaling demands of AI training and compute.