News
SpaceX CEO Elon Musk arrives in Texas for milestone Starship engine test
On Saturday evening, SpaceX CEO Elon Musk landed in Waco, Texas – perhaps along with additional SpaceX propulsion engineers – for the critical static fire debut of the first “radically redesigned” Raptor engine, built to power BFR’s Starship upper stage and Super Heavy booster.
If the first operationalized Raptor’s static fire tests go well, there are several possible routes the test program could take, all of which will end up with this engine and several others being tested and ultimately installed on the Starship hopper (Starhopper) prototype under construction roughly 500 miles (800 km) south of SpaceX’s Raptor test cell.
At @SpaceX Texas with engineering team getting ready to fire new Raptor rocket engine pic.twitter.com/ACFM8AtY8w
— Elon Musk (@elonmusk) February 3, 2019
Shortly after Musk revealed official photos of the first operationalized Raptor preparing for an inaugural static fire test at SpaceX’s McGregor, Texas facilities, the SpaceX and Tesla CEO’s private jet was seen landing at Waco, Texas around sunset. Although all SpaceX technical expertise needed for Raptor’s first ignition was probably already on site several days prior, Musk has been known to offer seats on his private planes to SpaceX and Tesla employees when a critical group is needed away from their normal base of operations. The best examples come from Tesla engineering expertise sometimes traveling between Fremont and Gigafactory 1 when needed, often to solve production holdups.
Regardless of whether he was traveling with members of the SpaceX propulsion team, Musk’s arrival at McGregor yesterday signified that Raptor Block 1’s first integrated hot-fire was imminent. Assuming no attempt was made on Saturday night or Sunday morning, SpaceX technicians and engineers are presumably still working on installing what is effectively a new rocket engine and ensuring that Raptor’s test cells – extensively overhauled and upgraded for the occasion – are working as intended. While the development Raptors SpaceX built hovered around 1000 kN (~100t) of thrust, also roughly the same as Merlin 1D, the Raptor now on stand in Texas is reportedly a 200 ton-class engine or more than double the thrust of any single engine SpaceX engineers and technicians have built or test-fired in 15 years of engine development.
- The only official render of Raptor, published by SpaceX in September 2016. The Raptor departing Hawthorne in Jan ’19 looked reasonably similar. (SpaceX)
- Technically speaking, this Raptor is the smaller (sea-level) version of the engine. (SpaceX)
- SpaceX’s current Texas facilities feature a test stand for Raptor, the engine intended to power BFR and BFS to Mars. (SpaceX)
- A Raptor prototype is seen here during its first-ever ignition test. (SpaceX)
- A 2017 test-firing of the mature development Raptor, roughly 50% less powerful than the full-scale system. (SpaceX)
A fork in the R&D road
Prior to completing Raptor Block 1 (unofficial designation), SpaceX cumulatively test-fired dev Raptors for far more than 1200 seconds over the course of more than 24 months. It’s unclear how extensively the company’s engineers will be able to test the pathfinder hardware built on the back of that extensive test program. Nominally, one would expect hundreds or thousands of seconds of additional testing to properly characterize the design and production of a brand-new, optimized engine like Raptor while primarily ensuring that it performs within engineering specifications.
Knowing CEO Elon Musk’s self-admitted tendency to push for impractical deadlines and schedules that often appeared rushed for the sake of rushing, it’s not impossible that the first Raptors could find themselves installed on the Boca Chica-based Starhopper test article after Merlin-esque acceptance testing and nothing more. For M1D and MVac, acceptance testing usually takes the shape of a full-duration burn with throttle and gimbal activity to closely simulate a true Falcon 9 or Heavy launch. For the 200-ton Raptor now in Texas, comparable acceptance testing could take a variety of forms, ranging from short Starhopper-relevant burns (10-60 seconds for small hops) to simulating conditions during a Super Heavy launch and landing or even a 6 or 7-minute orbital insertion burn indicative of the performance needed for Starship.

Depending on the interplay between the route SpaceX engineers would likely prefer and the Starhopper test schedule executives and managers might want, this first Raptor engine (and two more soon to follow) could be installed on Starhopper anywhere from a few weeks to several months from now. Elon Musk indicated in early January that he expected hop tests would occur 4-8 weeks later, shortly followed by unplanned damage to the craft’s nose cone that pushed the debut back “a few weeks”.
Aiming for 4 weeks, which probably means 8 weeks, due to unforeseen issues
— Elon Musk (@elonmusk) January 5, 2019
I just heard. 50 mph winds broke the mooring blocks late last night & fairing was blown over. Will take a few weeks to repair.
— Elon Musk (@elonmusk) January 23, 2019
Realistically, hop tests should thus be expected to begin no earlier than (NET) 8-12 weeks from the first week of January, translating to NET March or April. This would give SpaceX propulsion engineers a decent amount of time to gain at least a few hundred (or maybe 1000+) seconds of experience operating the newest and most advanced iteration of Raptor.
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News
Tesla Cybercab snags huge regulatory green light that readies it for public roads
Tesla Cybercab, the all-electric ride-hailing-geared vehicle void of a steering wheel and pedals, has achieved a significant regulatory milestone. The vehicle has officially secured an EPA Certificate of Conformity for the 2026 Cybercab, classifying it as a battery electric Zero Emission Vehicle (ZEV).
This certification confirms full compliance with federal Clean Air Act emission standards, paving the way for legal sales and operation across the United States.
A Certificate of Conformity (CoC) is a critical document issued by the U.S. Environmental Protection Agency (EPA) to vehicle manufacturers. It certifies that a specific class of vehicles meets all applicable federal emission requirements for the model year.
We have reported on several of them in the past, and it’s a good sign that a vehicle is close to being available to the public.
Every vehicle sold in the U.S. must carry this approval, which covers exhaust emissions, evaporative emissions, and refueling standards. For battery electric vehicles like the Cybercab, it verifies zero tailpipe emissions and compliance with stringent testing protocols. The certificate, issued and effective May 26, 2026, was part of the EPA’s recent bi-weekly upload, detailing the Cybercab’s evaporative/refueling family and exhaust compliance.
It also revealed some other very important information, as the Cybercab’s “Charge Depleting Range” was rated at just over 418 miles. This was for city driving, while the highway range depletion test revealed just over 375 miles of range:
Highway miles for Charge Depleting Range was just over 375 miles
— TESLARATI (@Teslarati) June 15, 2026
This EPA approval is a foundational step for Tesla’s autonomous ambitions. While emission certification is standard for any new EV, it signals that the Cybercab is progressing through the full federal compliance process.
Tesla has already equipped prototypes with federal compliance stickers affirming adherence to safety, bumper, and theft-prevention standards via self-certification under FMVSS rules. This bypasses the traditional 2,500-vehicle exemption cap that previously constrained low-volume autonomous testing.
Production of the Cybercab ramped up at Giga Texas starting in early 2026, with volume targets aiming for hundreds of units per week and long-term ambitions of millions annually. The two-seater, steer-by-wire vehicle, lacking a steering wheel and pedals, features a sleek, minimalist design optimized for Robotaxi service.
Priced under $30,000 at unveiling, it promises operating costs as low as $0.20–$0.40 per mile once scaled. Tesla has routinely flexed it as one of the most efficient vehicles of all time.
Regulatory progress extends beyond the EPA. The NHTSA has streamlined approvals for control-free vehicles, benefiting the Cybercab. Tesla operates supervised and unsupervised Robotaxi services in Texas cities like Austin, Dallas, and Houston using its fleet. California recently updated rules for driverless operations, including enforcement mechanisms for violations. Additional state-by-state approvals will be needed for nationwide rollout.
This EPA green light reduces a key barrier, building confidence among regulators, partners, and investors.
It underscores Tesla’s strategy of designing the Cybercab from the ground up for full compliance rather than retrofitting existing platforms. Challenges remain in scaling unsupervised autonomy, mapping approvals, and public acceptance, but the certification marks tangible momentum toward transforming urban mobility.
With prototypes already testing on public roads and production accelerating, the Cybercab edges closer to redefining transportation. Tesla’s integrated approach—combining hardware simplicity, software prowess, and regulatory diligence—positions it uniquely in the robotaxi race.
News
SpaceX soars with its first launch as a public company, marking a new era
SpaceX executed its first Falcon 9 launch since going public on June 15, a routine yet symbolically powerful Starlink mission from Vandenberg Space Force Base in California.
Liftoff of the Falcon 9 booster B1093, on its 14th flight, occurred at approximately 8:34 a.m. PDT from Space Launch Complex 4E (SLC-4E), deploying 24 Starlink V2 Mini Optimized satellites into low-Earth orbit.
The first stage successfully landed on the droneship “Of Course I Still Love You” in the Pacific Ocean, underscoring the company’s unmatched reusability track record.
Watch Falcon 9 launch 24 @Starlink satellites to orbit from California https://t.co/meDwb05qOE
— SpaceX (@SpaceX) June 15, 2026
This mission comes just three days after SpaceX’s historic IPO on June 12, which shattered records as the largest ever. The company raised $75 billion by pricing shares at $135, with trading under ticker SPCX on Nasdaq opening at $150 and closing at $160.95—a 19 percent gain—valuing SpaceX at over $2.1 trillion.
The launch highlights the seamless transition from private innovator to public powerhouse. SpaceX, founded in 2002, has revolutionized access to space with over 650 Falcon 9 flights and a massive Starlink constellation now serving millions globally.
As a public company, it faces new pressures: quarterly earnings, shareholder scrutiny, and expectations to accelerate Starship development for Mars ambitions and deeper NASA partnerships. Yet the market response signals strong confidence in its dominance, as launch costs are slashed by 95 percent, rapid satellite deployment, and a backlog of government and commercial contracts.
SpaceX maintains bold advertising push for Starlink, contrasting Tesla’s minimalistic approach
Analysts view today’s flight as business as usual, but it carries extra weight. With shares volatile in early trading days, successful operations reassure investors that core capabilities remain unaffected by public status.
SpaceX now operates under heightened transparency, potentially unlocking capital for ambitious goals like Starship orbital tests and global broadband expansion.
Challenges loom, including regulatory hurdles for megaconstellations, competition in reusable rockets, and orbital debris concerns. Nevertheless, this morning’s flawless execution reinforces SpaceX’s trajectory.
As Musk often notes, the company’s mission—to make humanity multiplanetary—now aligns with Wall Street’s growth demands. The stars, it seems, are aligning for both.
Investor's Corner
Tesla and SpaceX’s biggest bull just placed a massive $1B bet on the stock
Renowned investor Ron Baron, founder and CEO of Baron Capital, has once again demonstrated his unwavering faith in Elon Musk’s ventures.
Just after SpaceX’s record-breaking IPO, Baron announced he purchased an additional $1 billion in SpaceX (NASDAQ: SPCX) shares. This move pushes Baron Capital’s total holdings in the company to a staggering $25 billion in market value, underscoring one of the most successful private-to-public investment stories in recent history.
Baron’s relationship with SpaceX dates back to 2017, when his firm began investing approximately $1.75–2 billion through secondary markets and employee tender offers at valuations around $20–22 billion.
By the time of the IPO, which valued SpaceX at over $2 trillion with shares closing near $161, those early stakes had generated more than $13 billion in unrealized gains. Post-IPO, Baron’s position ballooned further, reflecting the company’s meteoric rise driven by reusable rocketry, Starlink’s global satellite internet constellation, Starshield defense applications, and ambitious plans for orbital infrastructure.
In a recent interview, Baron articulated his bullish outlook with characteristic enthusiasm.
Ron Baron said today that he bought $1 billion of @SpaceX IPO shares last Friday, and said that all of Baron Capital’s $SPCX holdings are now worth $25 billion.
“I think we’re going to make hundreds of billions of dollars; If you read the prospectus, you realize what they… pic.twitter.com/U8F471KtJS
— Sawyer Merritt (@SawyerMerritt) June 15, 2026
“I think we’re going to make hundreds of billions of dollars,” he stated, emphasizing that SpaceX’s achievements in rocketry and satellite technology are “not possible for anyone else to accomplish.” He envisions the company as a cornerstone of humanity’s multi-planetary future, potentially reaching valuations of $10–30 trillion within 10–15 years.
Baron has repeatedly affirmed he has no plans to sell, viewing SpaceX as a “lifetime investment” alongside Tesla.
Tesla bull Ron Baron reveals $100M SpaceX investment, sees 3-5x return on TSLA
This conviction stems from SpaceX’s unparalleled execution. The company has revolutionized access to space with Falcon 9 reusability, deployed thousands of Starlink satellites, and is advancing Starship for Mars missions and point-to-point Earth transport.
Baron highlights emerging opportunities like space-based AI data centers and direct-to-cell satellite connectivity, positioning SpaceX at the forefront of a new space economy projected to generate trillions in value.
Critics may question the lofty projections amid high valuations and execution risks, but Baron’s track record speaks volumes. His Tesla holdings, initiated in the mid-2010s, have also delivered outsized returns. As one of the largest institutional holders of SpaceX pre-IPO, Baron Capital’s funds, such as Baron Partners, benefited immensely from valuation markups.
Baron’s $1 billion IPO purchase signals deep confidence in SpaceX’s post-IPO trajectory. In an era of short-term market noise, his strategy exemplifies patient capital: backing visionary leadership and transformative technology.
For investors watching the space sector, it serves as a powerful endorsement that the final frontier may indeed yield the next great wealth-creation engine. As Baron puts it, SpaceX isn’t just building rockets—it’s trying to “save humanity” by expanding our horizons beyond Earth.




