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SpaceX breaks Starship test record, rolls next booster to launch pad
SpaceX has completed a record-breaking test of a Starship booster and rolled a newer Super Heavy prototype to the launch pad just hours apart.
Almost six weeks after SpaceX began Super Heavy Booster 7’s static fire test campaign, the company has broken new ground by simultaneously igniting seven Raptor engines at once. A matter of hours later, confirming SpaceX CEO Elon Musk’s plans in real time, the company transported a second Super Heavy prototype (Booster 8) from the factory to the launch pad, where it joined Booster 7.
According to Musk, those rockets will soon switch places, ensuring that no time is wasted while SpaceX continues to gradually work towards Starship’s first orbital launch attempts.
Booster 7 kicked off the most important stage of its flight qualification process on August 9th and 11th with two back-to-back static fires, each igniting just one of 20 installed Raptor engines. Both appeared to be successful and SpaceX returned B7 to its Boca Chica, Texas factory, reinstalled a full set of 33 engines, and sent the Super Heavy back to the launch pad two weeks later.
On August 31st, SpaceX attempted to ignite three of Booster 7’s 33 Raptors. One engine failed to ignite but the others did not, resulting in a mostly successful two-engine test. Over the next two weeks, SpaceX performed several ignition-free ‘spin-prime’ tests, two of which appeared to spin up all 33 engines without causing an explosion. Finally, SpaceX telegraphed its next major goal with a seven-engine spin-prime test on September 16th and another (albeit with a slightly different set of engines) on September 19th.
Shortly after the second seven-engine spin-prime, SpaceX refilled Booster 7 with propellant, went back through the same procedures, and ignited the same seven engines for about five seconds. No obvious issues arose and Musk later implied that the test went well. It set a new record for the largest number of Raptors simultaneously ignited on a single prototype and likely also broke the record for most thrust produced by a vehicle tested at Starbase.
If all seven upgraded Raptor V2 engines were operating at full throttle, they could have briefly produced more than 1600 tons (~3.6M lbf) of thrust – roughly equivalent to two Falcon 9 boosters. Measuring about 69 meters (~225 ft) tall and 9 meters (~30 ft) wide, Super Heavy will be the most powerful liquid rocket booster ever tested once it ignites as few as 20 of its 33 engines at full thrust.
In an increasingly rare update, Musk revealed that SpaceX will once again return Booster 7 to Starbase’s factory for mysterious “robustness upgrades” after the latest round of testing. Musk doesn’t seem to think that those upgrades will take very long, and anticipates that Starbase’s “next big test” will be the first complete wet dress rehearsal of a fully-assembled two-stage Starship, followed by Super Heavy’s first 33-engine static fire test, “in a few weeks.”
More likely than not, each step of that process will take multiple attempts and uncover issues that will then need to be corrected and verified over the course of several months. But with Starship 24 having already completed a full six-engine static fire, there’s a small chance SpaceX will find itself with a fully-stacked Starship that is more or less ready for its first orbital launch attempt by the end of October.
In the meantime, after Booster 7 returns to the factory, Booster 8 – finally complete after a relatively slow six-month assembly – will kick off basic proof testing at SpaceX’s South Texas orbital launch site. SpaceX wasted no time preparing for that swap and transported Booster 8 to the pad just seven hours after Booster 7’s seven-engine static fire. If things move more smoothly than they did with B7, it’s possible that B8 will complete proof testing and be ready to head back to the factory for Raptor installation by the time B7’s upgrades are finished – a very efficient transition if it works out that way.
Tesla stock (NASDAQ: TSLA) endured one of its sharpest single-day declines in years on July 23, tumbling approximately 14.5 percent and closing near $320 after opening the session around $374. The drop erased more than $140 billion in market value amid heavy trading volume and left the shares at multi-week lows.
The sell-off followed the company’s second-quarter 2026 results, released the previous evening. Tesla reported record revenue of $28.2 billion, up 26 percent year over year, driven by a Q2-record 480,126 vehicle deliveries. Energy storage deployments also rose strongly.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Yet profitability disappointed sharply. Operating income fell 57 percent to $398 million, compressing the operating margin to just 1.4 percent. Non-GAAP earnings per share came in at $0.33, well below the roughly $0.53 analysts had expected. Free cash flow turned negative by $1.1 billion as capital expenditures surged 142 percent to $5.8 billion, largely tied to accelerated spending on artificial intelligence, robotics, and autonomous systems.
The losses on capex were expected, as Tesla said it would be spending heavily in 2026.
Investors also reacted to lingering uncertainty surrounding key product timelines. During the Earnings Call, management reiterated ambitions for Robotaxi deployment and the Optimus humanoid robot, but offered limited new concrete milestones, renewing questions about execution pace that have long accompanied Tesla’s ambitious roadmap.
The magnitude of the decline places it among Tesla’s more severe one-day percentage losses since its 2010 initial public offering. Historically, the two largest single-day drops (split-adjusted) remain September 8, 2020, when shares fell 21.1 percent amid broader market volatility and valuation concerns, and January 13, 2012, with a 19.3 percent plunge during the company’s early growth struggles.
Other notable declines include an 18.6 percent drop on March 16, 2020, at the onset of pandemic-related market turmoil. Thursday’s move ranks roughly ninth on the all-time list but stands out as the steepest in more than a year.
Despite the short-term pain, Tesla’s long-term trajectory has repeatedly recovered from such volatility. The latest results underscore both the strength of its core automotive and energy businesses and the near-term costs of heavy investment in next-generation technologies.
Elon Musk clapped back at France’s decision to withhold the approval for Tesla’s Full Self-Driving (FSD) Supervised system, projecting a clear and blunt message to French Transport Minister Phillippe Tabarot, after he publicly rejected the technology in its current form.
Tabarot outlines several concerns with Tesla Full Self-Driving in a detailed video statement, where he said, “The safety trade-offs are not yet sufficient to authorize it as it currently stands,” he said. He emphasized that FSD is not a true self-driving system and that the driver remains fully responsible.
Key issues Tabarot also brought up included allowing speeding when surrounding traffic exceeds limits and what he believes are insufficient guarantees of driver attention during complex urban maneuvers such as lane changes, intersections, and roundabouts.
Delaying the approval of FSD in France will cost lives
— Elon Musk (@elonmusk) July 22, 2026
While acknowledging technological progress and France’s support for autonomous innovation, Tabarot stressed that deployment must prioritize road safety. He noted ongoing technical discussions with Tesla, the Netherlands, and other European partners, with further ecosystem meetings planned for the fall.
Musk’s rebuke highlights the human cost of regulatory caution. Tesla’s latest safety reports provide compelling data supporting accelerated adoption. In the most recent 12-month period, vehicles using FSD (Supervised) recorded one major collision per approximately 5.1 million miles driven, dramatically better than the U.S. national average of one crash per 698,000 miles.
Even Tesla vehicles driven manually with active safety features outperform the average by a wide margin. These figures come from billions of real-world miles of telemetry, showing FSD vehicles involved in far fewer incidents than both manual Teslas and the broader U.S. fleet.
Critics argue Tesla’s comparisons require careful scrutiny regarding reporting thresholds and fleet demographics, yet the data consistently positions FSD as a potential lifesaver. With road fatalities remaining a leading cause of death worldwide, Musk contends that proven safer technology should not face prolonged bureaucratic hurdles.
France’s measured approach reflects the broader European regulatory caution, which many, especially Musk, have been critical of in the past. However, as autonomous systems from Tesla and competitors like Waymo demonstrate superior safety in independent studies, pressure is mounting for harmonized approvals.
Musk’s warning carries the belief that every month of delay may equate to avoidable tragedies on European roads.
In a striking revelation that underscores the lucrative crossover between Big Tech and space exploration, Alphabet Inc., Google’s parent company, disclosed a massive $94.1 billion equity stake in SpaceX following the rocket company’s blockbuster initial public offering earlier this year.
The disclosure came in Alphabet’s quarterly filing, marking the first time the long-held private investment has been publicly valued at market prices. Google was an early backer, investing alongside Fidelity in 2015 with roughly $500-900 million at a time when SpaceX was valued around $12 billion.
That bet has delivered extraordinary returns, roughly a hundredfold, transforming a strategic play on satellite internet and launch capabilities into one of Alphabet’s largest assets.
Google, $GOOGL, has said they hold $94 billion in SpaceX, $SPCX, shares after IPO.
— unusual_whales (@unusual_whales) July 23, 2026
Of the total holding, approximately $80 billion remains subject to short-term post-IPO lockup restrictions, preventing near-term sales. An additional $14.1 billion faces longer-term restrictions, extending into the third quarter of 2027. This structure limits immediate liquidity but protects against market volatility as SpaceX transitions into public trading.
The SpaceX position contributed significantly to gains in Alphabet’s broader investment portfolio, which also includes a major stake in AI leader Anthropic. Combined, these holdings helped drive nearly $100 billion in investment gains during the second quarter, providing a substantial boost to net income amid ongoing AI spending pressures.
Analysts view the disclosure as validation of Alphabet’s venture strategy beyond its core search and cloud businesses. The investment aligns with deeper ties, including reported multi-billion-dollar deals for AI computing capacity on SpaceX infrastructure. As SpaceX advances Starship flights, Starlink expansion, and ambitious Mars goals under Elon Musk, Google’s stake positions it to benefit from the commercialization of space.
For Alphabet, the windfall highlights how patient, forward-looking bets in transformative sectors can yield outsized rewards. While lockups temper short-term impact, the holding cements SpaceX as a cornerstone of Alphabet’s diversified portfolio in an era where aerospace, AI, and connectivity increasingly intersect. Investors will watch closely as restrictions lift and SpaceX’s public performance unfolds.
Tesla stock tumbles after earnings, one of its sharpest single-day declines
Elon Musk is not happy about this Tesla Full Self-Driving approval delay
