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SpaceX aces fourth Starship flight test
SpaceX successfully launched and landed its Super Heavy booster and Starship on its fourth integrated flight test, with each making a soft splashdown in the water.
Starship took to the skies at 7:50 am CT from a foggy Starbase, Texas, in an effort to surpass previous flight milestones.
Liftoff of Starship! pic.twitter.com/2Z1PdNPYPG
— SpaceX (@SpaceX) June 6, 2024
As the countdown hit zero, 32 of 33 Raptor engines on the Super Heavy booster lit, with the outlier being an engine on the outer ring. Despite the engine out, the booster still ascended with ease away from the launch mount and broke through the thick fog into clear blue skies with views streamed back to the ground from just above one of the grid fins.
As Starship climbed, everything continued to operate nominally all the way through the hot staging which saw Super Heavy Booster 11 shut down all but its 3 center Raptor engines as Starship 29 lit its 6 Raptor engines to pull away from the massive booster. As soon as Starship was clear, Booster 11 completed a flip and boostback burn to begin its trip for a planned soft touchdown in the Gulf of Mexico by relighting 10 Raptor engines.
Once the boostback burn was complete, the hot staging ring was ejected to reduce the overall mass of the booster to help it survive reentry and landing. Future Super Heavy boosters will feature a lighter hot staging ring that will not be ejected. As the booster made its way back, it re-orientated to vertical and began re-entry back through the atmosphere, and unlike the Falcon 9, it does not perform an entry burn.
Hot stage jettison pic.twitter.com/J48QtQD1Ae
— SpaceX (@SpaceX) June 6, 2024
At around 7 minutes and 15 seconds into flight, the Super Heavy booster lit 12 out of a planned 13 engines for its landing burn, followed shortly by quite a bit of debris flying by the onboard camera, but it did not affect anything critical as seconds later Booster 11 made a successful splashdown in the Gulf of Mexico before a slow planned tip over into the water.
Super Heavy has splashed down in the Gulf of Mexico pic.twitter.com/hIY3Gkq57k
— SpaceX (@SpaceX) June 6, 2024
As Booster 11 completed the first successful soft landing, Starship 29 fired its six Raptor engines, three sea level and three vacuum, with engine shutoff coming in at eight and a half minutes into flight. The starship then entered a long coast phase as it passed between the Florida Keys and Cuba and transited over the Atlantic Ocean, followed by Africa.
During IFT-3, live views were provided for a majority of this portion but due to an unknown issue, cameras didn’t come back until just before 37 minutes into the flight. Elon Musk posted on X that they had a data signal the entire time including live views from internal cameras.
45 minutes into the flight, the true test of Starship began as plasma started to build up, but this time, Starship was in the correct orientation, and the heatshield was facing the correct way to give the ship its best chance at survival.
As Starship descended, plasma build-up increased with callouts from mission control noting rising temperatures on the nose but all within acceptable limits. At just over 54 minutes into the flight, Starship made it further than the third flight test and into unknown territory.
Plasma builds up as Starship re-enters the atmosphere (Credit SpaceX)
57 minutes into the flight, peak heating had passed but tiles were starting to fall away from the forward flap followed by melting of the lower portion, despite this damage, Starship held strong and in the correct orientation as it descended.
Starship continued its descent and, with significant damage, still made it through to its own landing burn and performed its flip to a vertical orientation and a soft touchdown in the Indian Ocean west of Australia.
Damage to the forward flap as seen during the landing burn (Credit SpaceX)
Even with the damage inflicted on Starship, it completed all test objectives while providing SpaceX with incredibly valuable data that will be used to make the ship stronger on future test flights. The Starlink antenna also survived the entire flight which ensured this data made it back to mission control.
With this successful mission complete, SpaceX could launch the 5th flight by mid to late July and possibly even attempt a catch of the Super Heavy booster according to Elon Musk.
Catch a replay of this epic mission below!
Watch Starship’s fourth flight test → https://t.co/bJFjLCiTbK https://t.co/SjpjscHoUB
— SpaceX (@SpaceX) June 6, 2024
How do you think this flight went overall, and will the fifth flight take place by August?
Questions or comments? Shoot me an email at rangle@teslarati.com, or Tweet me @RDAnglePhoto.
Tesla CEO Elon Musk posted a photo of himself standing with the Optimus production team inside Tesla’s Fremont factory, arms crossed amid workers in hard hats and safety vests. The image captures a pivotal industrial shift: the same facility space once dedicated to building Tesla’s flagship Model S sedan and Model X SUV is now home to the company’s humanoid robot manufacturing line.
Walking the Optimus production line in Fremont pic.twitter.com/ABS0tuRibW
— Elon Musk (@elonmusk) July 1, 2026
Tesla’s Fremont Factory, acquired in 2010 from the former NUMMI joint venture between Toyota and GM, has been the company’s original U.S. manufacturing hub since Model S production began in 2012.
The Model X followed soon thereafter. These premium vehicles offered lower annual volumes, recently around 30,000 combined, compared to the high-volume Model 3 and Model Y lines that continue around the site. Over their combined run, the S and X accounted for roughly 610,000 units.
In late January 2026, during Tesla’s Q4 2025 earnings call, Elon Musk announced the end of Model S and Model X production in Q2 2026. The final vehicles rolled off the line in early May. Rather than retooling for another vehicle, Tesla chose to convert the dedicated S/X assembly area into a dedicated Optimus Gen 3 production line.
Model 3 and Y manufacturing remains unaffected. Tesla’s official Fremont Factory page now lists Optimus alongside the 3 and Y as core products.
The conversion was executed with remarkable speed. After production stopped, crews dismantled the existing vehicle line and installed entirely new modular equipment—including lines sourced from Germany and dozens of sub-lines for actuators, batteries, and other components—in roughly four months.
Musk described the timeline as “insanely fast,” noting it would be unprecedented for any other manufacturer. Initial Optimus output is expected to ramp slowly due to the robot’s roughly 10,000 unique parts and the brand-new production processes involved. The Fremont line targets an eventual capacity of 1 million Optimus units per year.
Tesla isn’t joking about building Optimus at an industrial scale: Here we go
Optimus Development Timeline
- August 19, 2021: Optimus (then called Tesla Bot) formally announced at Tesla’s first AI Day. A concept video showed a person in a suit demonstrating the vision for a general-purpose humanoid capable of dangerous, repetitive, or boring tasks using the same AI architecture as Full Self-Driving.
- 2022: Early prototypes displayed. At the second AI Day in September, semi-functional units demonstrated walking across a stage and basic arm movements
- 2023: September videos showed improved capabilities, including sorting colored blocks, precise limb awareness, and holding a Yoda pose.
- 2024-early 2025: Factory integration videos showed Optimus navigating workspaces and handling objects like battery cells.
- January 2026: Gen 3 mass-production activities began at Fremont, with reports of over 1,000 Gen 3 units already operating inside the factory for real-world learning and AI training
- April 2026: Musk confirms Optimus production on converted Fremont line would begin in late July or August 2026. The Gen 3 reveal, originally eyed for Q1, was pushed closer to production start. A second, much larger Optimus factory at Giga Texas is under construction, with volume production targeted for Summer 2027 and long-term capacity of 10 million units annually
- July 1, 2026: Musk’s on-site visit and team photo confirm the Optimus line is operational and the transition is actively progressing
Tesla positions Optimus as potentially its largest project ever, leveraging vertical integration, AI expertise, and car-like manufacturing know-how to scale humanoid robots first for its own factories and later for broader industrial and consumer use.
The Fremont conversion serves as a critical proving ground for this ambitious new chapter in Tesla’s already-rich history.
Investor's Corner
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
Tesla short seller Michael Burry, the subject of the film “The Big Short,” where he was portrayed by Steve Carell, has revealed he has opened a new bet against the stock.
In a new update to his Substack newsletter in a post titled “Trading Post June 30, 2026,” Burry revealed a new set of bets against Tesla, Caterpillar, NVIDIA, Applied Materials Inc., and the iShares Semiconductor ETF.
In regard to Tesla, Burry wrote:
“And finally I shorted Tesla at 416.22. Happy it jumped back to this level.”
This means Burry likely opened his new short position after the company’s recent rally on Wall Street, which saw Tesla shares sink in mid-May, only to recover to well over the $400 mark. Currently, shares trade at around $427.
The company saw a big Tuesday as shares climbed considerably, over 10 percent. The size of the Tesla short was not provided, nor did Burry give any information on the position’s structure, the number of shares, dollar value, or whether options were used in the short.
The Tesla and SpaceX merger everyone is talking about is quietly building
Over the years, Burry has been one of the more vocal critics of Tesla, calling its share price “media inflated,” and saying it was “ridiculously overvalued” as recently as December.
The company has largely transitioned away from being known as an automotive company and instead is much more widely regarded as an AI play, mostly due to its Full Self-Driving efforts, Optimus robot development, and data collection related to both.
This has not pulled those skeptics away from being vocal about their distaste for how Tesla is valued, but there’s no denying that the company is a global force in many things, including sustainable energy, automotive, and AI.
Wedbush Securities is initiating stock coverage on SpaceX (NASDAQ: SPCX), marking the first comments on the company since it went public several weeks ago. Wedbush and its analyst handling coverage, Dan Ives, are widely bullish on fellow Musk company Tesla (NASDAQ: TSLA).
Ives wrote his first note initiating coverage of SpaceX shares on Wednesday with a $190 price target and an ‘Outperform’ rating. The firm believes the company is well positioned off of its IPO because of its wide array of projects, including AI compute power and infrastructure, connectivity projects, and launches.
“We view SpaceX as one of the most differentiated assets within the tech market with a strong footprint across its three core markets, with Starlink driving success with connectivity,” Ives wrote, “Starship launches leading to a demand flywheel and increasing deal flow for its Colossus clusters.”
Elon Musk called it Epic: The full story of SpaceX’s Starship Flight 12
Wedbush leans heavily on Starlink, which they say is the “profitability driver given the strength of its recurring revenue base of ~12 million subscribers as of June 5th.” Ives believes Starlink is still in the “early innings” of penetrating the global telecommunications and broadband market, as it only holds less than a 1 percent share. However, this number is sure to increase over time.
It also highlights the importance of Starship, which it says is an “essential layer” of SpaceX’s overall success. SpaceX developing and displaying the ability to reuse rockets is a major cost and reliability advantage “as it reduces the necessary hardware launch costs while generating a feedback loop for future flights to improve their launch flight rate without accelerating capex spend.”
Finally, SpaceX’s recent AI/Compute projects are also very elementary, Ives writes. It is worth mentioning Wedbush said its $190 price target is derived from a valuation forecast that sees the company yielding roughly $2.48 trillion of implied enterprise value.
There are also some factors that Wedbush did not take into account with its initial coverage. The firm wrote in the note:
“We note that there is optional value coming from Starship’s accelerating scale towards sub-$200/kg unit economics, orbital data centers, and enterprise AI monetization as these factors could drive meaningful upside but these face major hurdles, so we do not take that into account with our valuation.”
SpaceX shares are down just over 2 percent today, trading at around $167 at the time of publication.
Tesla Optimus project fires up as Musk sees production line progress
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
