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SpaceX CEO Elon Musk forecasts a dozen Starship launches next year
CEO Elon Musk has provided a small update on SpaceX’s next-generation Starship rocket in a brief statement to and Q&A with the board of the US National Academies of Science, Engineering, and Medicine.
While it’s now been more than two years since Musk last gave a proper presentation on the Starship program, a number of excellent questions from board members still managed to extract a handful of new details about the fully reusable rocket, which the SpaceX CEO says aims to “be a generalized transport mechanism for the [entire] solar system.” According to Musk, though, the most pressing near-term issues facing SpaceX are more down to Earth.
Reiterated several times in his comments to the National Academies, Musk says that the current limiting factor for Starship is securing regulatory approvals from the FAA for the rocket’s first orbital test flights, which SpaceX and Musk initially hoped would begin as early as mid-2021. Targets from July to November 2021 have since come and gone, while SpaceX has only begun to make concerted progress towards Starship’s first orbital launch in the last two or so months. Almost two months after its first rollout, Starship S20 – the first orbital-class prototype – began integrated testing, completing ambient and cryogenic proof tests in late September and its first Raptor preburner and static fire tests in the second half of October.
Most recently, after almost a month spent inactive at SpaceX’s Starbase test facilities, Starship S20 fired up all six of its Raptor engines – the first test of its kind and a major milestone for the program. Save for the completion of some relatively simple closeout tasks, Starship S20 is now more or less qualified for flight after its successful static fire. That leaves Super Heavy Booster 4 (B4) – the first stage meant to carry Ship 20 into space – up next on SpaceX’s South Texas testing docket after almost four agonizing months spent sitting, untested, at various Starbase facilities.
Musk says that SpaceX preparing to complete “a bunch of tests in December” with the implication that those tests likely include the first full Super Heavy wet dress rehearsal (WDR) with thousands of tons of live propellant and the first several booster static fire tests. Recently refitted with 29 Raptor engines for the third time in four months, it appears that SpaceX is finally close to finishing Super Heavy B4 to a point that will allow the booster to begin integrated testing. Through Super Heavy B3, which completed testing this summer, SpaceX thankfully already knows that the basic booster design is a structurally sound pressure vessel with plumbing and systems capable of surviving a three-Raptor static fire.
Still, that’s barely more than 10% of the total number of engines Super Heavy will need operational to send Starship to orbit. After months at the pad, SpaceX is finally closing out Booster 4’s aft section and installing a basic heat shield around its 29 Raptor engines, which will produce up to ~5400 metric tons (~12M lbf) of thrust at liftoff – more than any other rocket in history. Following Starship S20’s recent success, SpaceX has now fired six Raptors simultaneously and in close proximity without issue. However, Super Heavy B4 will have to fire 29 engines packed into roughly the same amount of space. No other liquid rocket stage in history has a more densely-packed thrust section, averaging at least 85 tons of thrust per square meter (~125 psi) of available engine space.
It’s thus likely that SpaceX will split Super Heavy B4’s first static fire campaign into several different parts, possibly involving seperate tests of the center cluster of nine Raptor Center (RC) engines and outer ring of 20 Raptor Boost (RB) engines before firing up all 29 together. Even if that testing is completed without issue on the first attempts, SpaceX will still likely want to perform a full wet dress rehearsal – and possibly even another 29-engine static fire – with Ship 20 installed on top of Booster 4.
Musk also believes that Starbase’s first orbital launch site will be complete as early as “later this month” – essential for full booster testing. Once all testing is complete, Musk says Starship, Super Heavy, and Starbase should be ready for their first orbital launch attempt as early as January or February 2022. Of course, that launch is entirely contingent upon FAA environmental approval and launch licensing, the former still incomplete and the latter unable to proceed until the former is complete. If the FAA reaches a favorable conclusion, meets its recently-announced target of December 31st to complete Starbase’s environmental review, and grants SpaceX a new launch license just days or a few weeks later, a January-February launch isn’t out of the question.
Looking further into 2022, Musk also revealed that he hopes SpaceX will complete “a dozen [Starship] launches” next year – incredibly ambitious by any measure. There isn’t a rocket in history that’s achieved double-digit launches in the same year as its debut. More importantly, even if the FAA environmental review SpaceX is in the middle of ends with the best possible outcome for Starship, it limits the company to either 3, 5, or 8 (it’s somewhat ambiguous) orbital launch attempts per year. Still, even a ‘mere’ three orbital Starship launch attempts in 2022 would be an incredible acheivement for SpaceX – let alone five, or Musk’s forecast of a dozen.
Tesla just gave what is perhaps its biggest signal yet that the launch of the Cybercab, its autonomous ride-hailing-geared car, is imminent.
The Cybercab has been spotted outside of Gigafactory Texas in massive numbers over the past few days, with hundreds of units being stored on property just days after the vehicle received a Certificate of Conformity from the EPA.
Today, things were a bit different.
Cybercabs spotted on Giga Texas property today had an addition: a Cybercab decal on the side, reminiscent of the “Robotaxi” ones that were placed on Model Ys just as the company launched its ride-sharing platform about a year ago.
Giga Texas drone operator Joe Tegtmeyer noticed the change today:
Tesla Cybercabs are now getting “Cybercab” logos on the side of them!
Tesla did the same with Model Ys that were given “Robotaxi” logos: https://t.co/DanANtw1m7 pic.twitter.com/FqOhH0S9Ks
— TESLARATI (@Teslarati) June 19, 2026
Tesla could be signaling that the Cybercab is preparing to enter the Robotaxi fleet in the coming weeks or months with this move. It seems more symbolic than anything; Tesla is ready to throw Cybercabs in the ride-hailing platform just as it did with Model Ys last year.
The addition of the Certificate of Conformity awarded to the Cybercab is another major factor working to Tesla’s advantage. The company now has permission from the EPA to allow the vehicle to operate on public roads and enter the chain of commerce. It’s officially street legal.
Tesla Cybercab specs revealed: range, curb weight, range ratings, and more
The big question that remains is whether Tesla will be able to operate the car without a safety monitor, especially considering it plans to put the car out there without a steering wheel or pedals. With the Cybercab only having a seating capacity of two, it is hard to believe Tesla will even consider putting a Safety Monitor in the car.
It did recently self-certify as Level 4 and has the ability to operate driverless vehicles in the State of Texas under a law that took effect on May 28. You can read more about that here:
Tesla’s Robotaxi dreams just took a massive step toward reality
We’d imagine Cybercabs will be on the roads as soon as July, but August will likely be a better estimate of when the car will be entered into the Cybercab fleet. It all depends at where Tesla is, as they’ve truly prioritized safety with the rollout of the Robotaxi platform.
Elon Musk has publicly questioned Moody’s credit assessments following the rating agency’s decision to assign SpaceX a Baa1 investment-grade rating, two notches above Tesla’s Baa3. The comments came amid discussions comparing the two companies’ financial profiles.
SpaceX earned its first-time Baa1 rating with a stable outlook from Moody’s. The agency highlighted the company’s leadership in orbital launches, the growing recurring revenue from its Starlink satellite network, strong vertical integration, U.S. government contracts, and emerging opportunities in AI infrastructure.
These factors were cited as supporting robust cash flows, margin expansion, and financial flexibility.
Musk responded directly: “Tesla’s credit rating is ridiculously low tbh,” and added, “Yeah, makes no sense. Tesla has over $40B in cash, no debt, and is consistently profitable!” His remarks underscored Tesla’s balance sheet strength and profitability at a time when many traditional automakers continue to report losses in the shift to electric vehicles.
Yeah, makes no sense.
Tesla has over $40B in cash, no debt and is consistently profitable!
— Elon Musk (@elonmusk) June 19, 2026
Tesla maintains a leading position in the global EV market, with diversification into energy and storage, battery technology, and robotics through projects like Optimus. Recent financial updates show the company generated positive free cash flow of $1.4 billion in Q1 2026, supported by operating cash flow of $3.9 billion. Cash and short-term investments stood at approximately $44.7 billion.
Moody’s has affirmed Tesla’s Baa3 issuer rating with a stable outlook in periodic reviews, acknowledging the company’s EV leadership, technology strengths, including AI for autonomous vehicles, solid profitability, and strong liquidity.
Tesla (TSLA) scores Baa3 Moody’s rating for ‘stable’ outlook
However, the agency has also noted challenges in the automotive segment and expectations for margin pressures.
Musk’s critique highlights a common debate about how traditional rating methodologies apply to high-growth, capital-intensive technology companies. SpaceX benefits from long-term government-backed contracts and diversified, recurring revenue streams, while Tesla’s valuation reflects heavy investment in future technologies such as autonomy and robotics.
Both ratings remain investment-grade, yet the one-notch difference has fueled online discussion about potential inconsistencies in evaluating innovative firms.
The exchange comes as SpaceX explores financing options following its recent valuation milestones, while Tesla continues executing on its multi-year roadmap. Musk’s pointed response serves as a reminder that credit ratings, though influential for borrowing costs, represent one lens through which markets assess corporate strength—and that company leaders often view their financial positions through the lens of long-term innovation and cash generation rather than short-term risk metrics alone.
A new report from Reuters claims that a transport authority in Sweden is pushing back against the approval of Tesla’s Full Self-Driving suite because it will travel over speed limits.
The report says the Swedish Transport Administration (TRV) recommends the European Union votes against FSD’s approval. TRV believes it should not be approved until Tesla disables FSD’s ability to speed.
TRV sent a letter to the European Union’s Technical Committee on Motor Vehicles (TCMV), which is set to meet on June 30 to discuss the potential approval of the Tesla FSD suite in the country. Tesla, which has received various approvals in Europe over the past two months, has not provided a comment.
Teslas operating on FSD do travel over the speed limit, depending on the Speed Profile that is chosen. Drivers have the ability to disengage FSD at any point; Tesla specifically states that those supervising the suite are responsible for its actions.
Let’s cut to the chase: humans operating any vehicle speed almost daily in the United States. Realistically, speed limits in the U.S. are more frequently treated as speed minimums. However, other countries are different, and driving behaviors are less aggressive.
TRV believes that “allowing automated systems to systematically exceed legal speed limits…risks undermining both the legal framework and the expected safety benefits of vehicle automation,” the report stated. It’s surprising that Tesla has not received this claim from other countries previously.
This could be a good argument to bring Max Speed back, the setting that previously allowed the driver to choose the absolute fastest the car would travel.
This would still put the responsibility of supervision in the hands of the driver. It would allow the driver to choose whether the car would travel over the speed limit or not, acknowledging that they set the speed, and if they get pulled over, there would be no ability to argue it.
However, it does not seem as if this is something Tesla will do, especially considering many U.S. drivers have requested the feature in an effort to eliminate speeding or at least tone it down. The company has not shown any interest in bringing it back.
Tesla has approvals for FSD in Europe in Estonia, Lithuania, Denmark, the Netherlands, and Belgium.
Tesla Cybercab launch is imminent after latest sighting at Giga Texas
Elon Musk says this part of Tesla ‘makes no sense’
