SpaceX
SpaceX CEO Elon Musk teases new Starship photos and “heavy metal” BFR
Drawn in by Teslarati photographer Pauline Acalin’s most recent photos of Port of LA Falcon 9 recovery operations SpaceX is in the midst of, CEO Elon Musk took to Twitter on December 8th to discuss titanium grid fins and – more importantly – answer a miscellaneous handful of questions about the status of BFR’s development.
Marked lately by rapid-fire, wide-reaching changes to BFR’s general structural composite, Musk at long last confirmed what some suspected – now known as Starship/Super Heavy, the BFR program has officially moved away from carbon fiber composites as the primary material of choice for the rocket’s structure and propellant tanks, instead pivoting to what Musk described as a “fairly heavy metal”.
But cool pics of the demo Starship that will fly suborbital hops coming in ~4 weeks
— Elon Musk (@elonmusk) December 9, 2018
Aside from his confirmation that SpaceX has moved to metallic tanks and structures on BFR’s spaceship upper stage and booster (Starship/Super Heavy), Musk further stated that SpaceX was planning to release new photos of a prototype Starship – currently under construction for full-scale hop-tests in South Texas – as few as four weeks from today.
- BFR 2017’s spaceship engine section. (SpaceX)
- A September 2018 render of Starship (then BFS) shows one of the vehicle’s two hinged wings/fins/legs. (SpaceX)
- A BFS attempts a Mars landing in this official updated render. (SpaceX)
- SpaceX’s first BFR spaceship prototype is coming together piece by piece. (SpaceX/Pauline Acalin)
It’s hard to say what those photos will show, but suffice it say that Musk would not tease the release of BFR-related photos on Twitter if they were not expected to be at least a touch spectacular. Per the CEO’s brief comments on hardware at his September 2018 introduction to Dear Moon, the most likely candidates for those photos would be a Starship (BFS) thrust structure in the middle of Raptor integration and additional progress being made on the ship prototype’s structures, perhaps including completed metallic tanks and some of its aerodynamic fins and wings.
Question: “Is Super Heavy in development at all, or just starship right now?”
Elon Musk: “Both, but demo Starship is being built now, whereas Super Heavy hardware will start getting built in spring”
While BFR’s official development schedule has essentially been thrown up in the air by these recent design changes, both Musk and COO/President Gwynne Shotwell stated earlier this year that they expected spaceship (now Starship) hop tests to begin no earlier than (NET) the end of 2019 – Q4 or December, in other words. SpaceX just recently began a major ramp in activity at its South Texas test and launch facilities, beginning construction on several partially prepared acres that were long ago predicted to support a wholly private Falcon 9/Falcon Heavy launch pad.
SpaceX ships another huge propellant tank to South Texas BFR test sitehttps://t.co/4L7f74gwg3 pic.twitter.com/KnHXOTCfAR
— TESLARATI (@Teslarati) October 24, 2018
These new plans to release official BFR photos simply adds to the ever-growing pile of major SpaceX events that could potentially occur in Q 2019, including Crew Dragon’s first uncrewed trip to orbit and the International Space Station (ISS), Falcon Heavy’s second launch ever, and the launch of several additional prototype Starlink satellites, among many other possibilities.
2019 is gonna be wild. Stay tuned for additional updates on SpaceX’s future plans and Musk’s spontaneous Twitter Q&As as the new year nears.
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Investor's Corner
SpaceX IPO is coming, CEO Elon Musk confirms
However, it appears Musk is ready for SpaceX to go public, as Ars Technica Senior Space Editor Eric Berger wrote an op-ed that indicated he thought SpaceX would go public soon. Musk replied, basically confirming it.
Elon Musk confirmed through a post on X that a SpaceX initial public offering (IPO) is on the way after hinting at it several times earlier this year.
It also comes one day after Bloomberg reported that SpaceX was aiming for a valuation of $1.5 trillion, adding that it wanted to raise $30 billion.
Musk has been transparent for most of the year that he wanted to try to figure out a way to get Tesla shareholders to invest in SpaceX, giving them access to the stock.
He has also recognized the issues of having a public stock, like litigation exposure, quarterly reporting pressures, and other inconveniences.
However, it appears Musk is ready for SpaceX to go public, as Ars Technica Senior Space Editor Eric Berger wrote an op-ed that indicated he thought SpaceX would go public soon.
Musk replied, basically confirming it:
As usual, Eric is accurate
— Elon Musk (@elonmusk) December 10, 2025
Berger believes the IPO would help support the need for $30 billion or more in capital needed to fund AI integration projects, such as space-based data centers and lunar satellite factories. Musk confirmed recently that SpaceX “will be doing” data centers in orbit.
AI appears to be a “key part” of SpaceX getting to Musk, Berger also wrote. When writing about whether or not Optimus is a viable project and product for the company, he says that none of that matters. Musk thinks it is, and that’s all that matters.
It seems like Musk has certainly mulled something this big for a very long time, and the idea of taking SpaceX public is not just likely; it is necessary for the company to get to Mars.
The details of when SpaceX will finally hit that public status are not known. Many of the reports that came out over the past few days indicate it would happen in 2026, so sooner rather than later.
But there are a lot of things on Musk’s plate early next year, especially with Cybercab production, the potential launch of Unsupervised Full Self-Driving, and the Roadster unveiling, all planned for Q1.
News
SpaceX reportedly mulling IPO, eyeing largest of all time: report
“I do want to try to figure out some way for Tesla shareholders to participate in SpaceX. I’ve been giving a lot of thought to how to give people access to SpaceX stock,” Musk said.
SpaceX is reportedly mulling an initial public offering, eyeing what would be the largest valuation at the time of availability of all time, a new report from Bloomberg said on Tuesday.
It is one of many reports involving one of Elon Musk’s companies and a massive market move, as this is not the first time we have seen reports of an IPO by SpaceX. Musk himself has also dispelled other reports in the past of a similar nature, including an xAI funding round.
SpaceX and Musk have yet to comment on the report. In the past, untrue reports were promptly replied to by the CEO; this has not yet gained any response, which is a good sign in terms of credibility.
However, he said just a few days ago that stories of this nature are inaccurate:
“There has been a lot of press claiming SpaceX is raising money at $800B, which is not accurate. SpaceX has been cash flow positive for many years and does periodic stock buybacks twice a year to provide liquidity for employees and investors. Valuation increments are a function of progress with Starship and Starlink and securing global direct-to-cell spectrum that greatly increases our addressable market. And one other thing that is arguably most significant by far.”
There has been a lot of press claiming @SpaceX is raising money at $800B, which is not accurate.
SpaceX has been cash flow positive for many years and does periodic stock buybacks twice a year to provide liquidity for employees and investors.
Valuation increments are a…
— Elon Musk (@elonmusk) December 6, 2025
Musk has discussed a potential IPO for SpaceX in recent months, as the November 6 shareholder meeting, as he commented on the “downsides” of having a public company, like litigation exposure, quarterly reporting pressures, and other inconveniences.
Nevertheless, Musk has also said he wants there to be a way for Tesla shareholders to get in on the action. At the meeting in early November, he said:
“I do want to try to figure out some way for Tesla shareholders to participate in SpaceX. I’ve been giving a lot of thought to how to give people access to SpaceX stock.”
Additionally, he added:
“Maybe at some point., SpaceX should become a public company despite all the downsides of being public.”
Musk has been historically reluctant to take SpaceX public, at times stating it could become a barrier to colonizing Mars. That does not mean it will not happen.
Bloomberg’s report cites multiple unidentified sources who are familiar with the matter. They indicate to the publication that SpaceX wants to go public in mid-to-late 2026, and it wants to raise $30 billion at a valuation of around $1.5 trillion.
This is not the first time SpaceX has discussed an IPO; we reported on it nine years ago. We hope it is true, as the community has spoken for a long time about having access to SpaceX stock. Legendary investor Ron Baron is one of the lucky few to be a SpaceX investor, and said it, along with Tesla, is a “lifetime investment.”
Tesla bull Ron Baron reveals $100M SpaceX investment, sees 3-5x return on TSLA
The primary driver of SpaceX’s value is Starlink, the company’s satellite internet service. Starlink contributes 60-70 percent of SpaceX’s revenue, meaning it is the primary value engine. Launch services, like Falcon 9 contracts, and the development of Starship, also play supporting roles.
News
SpaceX reaches incredible milestone with Starlink program
SpaceX reached an incredible milestone with its Starlink program with a launch last night, as the 3,000th satellite of the year was launched into low Earth orbit.
On Monday, SpaceX also achieved its 32nd flight with a single Falcon 9 rocket from NASA’s Kennedy Space Center.
The mission was Starlink 6-92, and it utilized the Falcon 9 B1067 for the 32nd time this year, the most-used Falcon booster. The flight delivered SpaceX’s 3000th Starlink satellite of the year, a massive achievement.
There were 29 Starlink satellites launched and deployed into LEO during this particular mission:
Falcon 9 launches 29 @Starlink satellites from Florida pic.twitter.com/utKrXjHzPN
— SpaceX (@SpaceX) December 9, 2025
SpaceX has a current goal of certifying its Falcon boosters for 40 missions apiece, according to Spaceflight Now.
The flight was the 350th orbital launch from the nearby SLC-40, and the 3,000 satellites that have been successfully launched this year continue to contribute to the company’s goal of having 12,000 satellites contributing to global internet coverage.
There are over five million users of Starlink, the latest data shows.
Following the launch and stage separation, the Falcon 9 booster completed its mission with a perfect landing on the ‘Just Read the Instructions’ droneship.
The mission was the 575th overall Falcon 9 launch, highlighting SpaceX’s operational tempo, which continues to be accelerated. The company averages two missions per week, and underscores CEO Elon Musk’s vision of a multi-planetary future, where reliable connectivity is crucial for remote work, education, and emergency response.
As Starlink expands and works toward that elusive and crucial 12,000 satellite goal, missions like 6-92 pave the way for innovations in telecommunications and enable more internet access to people across the globe.
With regulatory approvals in over 100 countries and millions of current subscribers, SpaceX continues to democratize space, proving that reusability is not just feasible, but it’s also revolutionary.



