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SpaceX’s Elon Musk: odds of Starship reaching orbit by 2020 are “rising rapidly”
SpaceX CEO Elon Musk has suggested that the company’s newly revamped Starship and Super Heavy rocket (previously known as BFR) could perform its first integrated launches – placing Starship into orbit – as few as 12-24 months from today.
Musk indicated that the odds of Starship reaching orbit as early as 2020 are now as high as “60% [and] rising rapidly”, thanks in no small part to the flurry of radical changes the spacecraft and booster have both undergone over the course of 2018.
Probability at 60% & rising rapidly due to new architecture
— Elon Musk (@elonmusk) December 27, 2018
Combined with a decision – made public at a September 2018 media event – to delay the debut of a vacuum-optimized upper stage Raptor (RVac) and stick with its mature sea level variant, Musk apparently is quite confident that these dramatic shifts in strategy will allow SpaceX to aggressively slash the development schedules of its next-gen launch vehicle. Intriguingly, Musk noted that while these “radical” design changes were almost entirely motivated by his desire to expedite the fully-reusable rocket’s operational debut, it apparently became clear that the cheaper, faster, and easier iteration could actually end up being (in Musk’s own words) “dramatically better” than its exotic carbon-composite progenitor.
Time. Although it also turned out to be dramatically better.
— Elon Musk (@elonmusk) December 27, 2018
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“Delightfully counter-intuitive”
Let there be little doubt – I am still immensely skeptical of this radical redesign and the implausible logistics of conducting said redesign at the last second while somehow maintaining the test schedule, let alone expediting it by 6-9 months. Despite the fact that Musk does seem to have a compellingly rational answer to every question thus far asked, he was no less convincing in mid-2016 when he stated with contagious conviction that Tesla’s Fremont factory would be an almost 100%-automated “alien dreadnought” as early as 2018. There is, of course, nothing wrong per se with being wrong, although taking 24 months and several hundred million dollars to realize as much can be downright fatal or at least a major health risk for any given company that faces such a challenge, as was the case with Tesla.
Skepticism aside, there are equally many reasons to be optimistic about the future of SpaceX’s Starship/Super Heavy (BFR) program over the next several years. Not only do metal hot structures have a proven track record of success (admittedly in the 1960s and for suborbital conditions, but still), but the century and a half humans have been making and building with steel serves to aggressively reduce risk in BFR’s development, whereas a giant, highly-reusable spaceship and rocket built mainly out of carbon composites is about as exotic, challenging, and alien as one could muster. One step further, Musk appears to be dead-set on the trade that the benefits of moving from composite to stainless steel far, far outweigh the costs.
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- BFS/Starship shows off some of its heat shield. SpaceX may be looking into an advanced NASA solution for BFR’s thermal protection system. (SpaceX)
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- Starship is shown here reentering Mars’ atmosphere at high speeds (SpaceX)
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- Starship – in its 2018 design iteration – seen landing on Mars atop pillars of Raptor flame. (SpaceX)
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- SpaceX CEO Elon Musk visited the South Texas site where Starship’s first prototype is being built on December 23rd. (Elon Musk)
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- Starship… or BFWTF? 🙂 (NASASpaceflight /u/bocachicagal)
Most notably, Musk’s implication that a steel alloy skin – albeit with regenerative (i.e. liquid) cooling – could genuinely stand in for SpaceX’s ablative PICA-X heat shield technology on Starship was the most unintuitive but logical shift yet. Although steel alloys may literally have densities that are significantly higher than carbon composites, composites simply cannot (at least in the current state of the art) withstand high temperatures like those that Starship would inevitably experience during orbital and interplanetary reentries. As a result, Starship would need an extremely advanced heat shield technology that is minimally ablative, extremely lightweight, robust, and shock-resistant, not to mention an additional layer capable of mounting it to Starship’s composite hull while also insulating the propellant tanks and structure from the extreme heat of reentry.
Leeward side needs nothing, windward side will be activity cooled with residual (cryo) liquid methane, so will appear liquid silver even on hot side
— Elon Musk (@elonmusk) December 25, 2018
Steel, on the other hand, is one of the least thermally conductive metals available, while also featuring alloys with melting points that can approach and even surpass 1500 degrees C. With regenerative cooling, it’s entirely possible that a hot steel shield and fusion of propellant tanks and load-bearing structures could ultimately result in a spaceship far more reusable, reliable, and perhaps even performant that a spaceship relying on exotic heat shield materials and linerless carbon composite propellant tanks.
Perhaps BFR Block 2 or 3 will make room for dramatically improved composite formulations and production methods down the road, but advanced steel and other metal alloys appear to be the way forward for SpaceX for the time being. For now, we can sit, watch, and wait as something comes together at the company’s South Texas test and launch facilities.
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Elon Musk has declared that SpaceX has effectively solved one of Starship’s most persistent engineering challenges: the reliability of its heat shield tiles.
During the company’s first-ever Earnings Call, the SpaceX CEO stated:
“I don’t want to jinx it or anything, but I think I would call the heat shield problem solved at this point. All indications from data and visual inspection is we have solved it. That doesn’t mean we won’t make improvements, but we do not see any technical obstacles to achieving rapid reusability at this point.”
Starship’s heat shield consists of roughly 18,000 hexagonal ceramic tiles covering the windward side of the upper stage. These tiles form the thermal protection system that shields the vehicle’s stainless-steel structure from the extreme heat of atmospheric reentry.
Elon says he believes the heat shield problem with Starship is currently solved.
He called it “arguably the single biggest problem” pic.twitter.com/eEE9vM5zlz
— TESLARATI (@Teslarati) August 4, 2026
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During descent, atmospheric friction generates temperatures exceeding several thousand degrees Celsius and creates plasma flows capable of melting unprotected metal. The tiles absorb, radiate, and insulate against this energy, allowing the vehicle to survive and potentially fly again. Without a durable heat shield, full and rapid reusability, the cornerstone of Starship’s design for frequent launches, satellite deployments, and deep-space missions, would remain impossible.
The tiles have long been a source of difficulty. On earlier test flights, a significant number of tiles detached during ascent due to vibration, aerodynamic loads, and imperfect attachment methods using pins and adhesives. Gaps between tiles allowed hot plasma to infiltrate, causing secondary damage and hot spots on the underlying structure.
These issues echoed challenges faced by NASA’s Space Shuttle, whose ceramic tiles required extensive, labor-intensive inspections and replacements between missions, preventing rapid turnaround. SpaceX has iteratively improved materials, standardized tile shapes, refined attachment techniques, added secondary ablative layers, and tested sealing methods such as “crunch wrap” felt to close gaps.
Progress was visible across Flights 10–12, with steadily better tile retention, yet questions remained about whether the system could support the minimal-refurbishment goal of rapid reuse.
Flight 13 on July 24 provided the decisive evidence. Ship 40 flew a deliberately more demanding profile with higher dynamic pressure to stress the heat shield beyond typical operational loads. It successfully deployed 20 operational Starlink V3 satellites, the first such payload on a Starship mission, performed an in-space Raptor engine relight, and executed a controlled reentry.
Elon Musk sheds two new bits of detail on Starship after 13th test launch
Cameras on six of the satellites and onboard sensors captured extensive imagery and data of the shield throughout the flight. The ship then achieved its softest splashdown to date in the Indian Ocean, remaining intact and floating rather than breaking apart or exploding as on prior missions. This allowed drone inspections and continuous telemetry of the heat shield in near-real time.
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Post-flight analysis showed the majority of tiles remaining attached with only minor damage and limited plasma streaking at seams. Musk noted that the mission delivered “all the heat shield data we needed and then some.” Combined with visual inspections, these results underpinned his subsequent assessment that the core technical barriers to rapid reusability have been cleared. While refinements will continue, Flight 13 marked a pivotal step toward Starship’s operational future.
SpaceX COO Gwynne Shotwell outlined ambitious plans for Starlink Mobile during the company’s August 4 Earnings call, signaling a direct challenge to U.S. wireless giants like AT&T, T-Mobile, and Verizon.
Shotwell noted that the three companies generate roughly $600 billion in combined annual revenue. “I anticipate us to be able to acquire quite a few of their customers because I think our service will be better,” she said. “We will eliminate dead zones leveraging the satellites in orbit. It will be better during any natural disaster… I’m quite excited about Starlink Mobile.”
SpaceX President & COO Gwynne Shotwell on @Starlink Mobile and its impact on Verizon, AT&T and T-Mobile:
“Roughly, between them, $600 billion a year. I anticipate us to be able to acquire quite a few of their customers. Our service will be better. We will eliminate dead zones… pic.twitter.com/UYZUkrGc0L
— Sawyer Merritt (@SawyerMerritt) August 4, 2026
SpaceX intends to combine its satellite constellation with terrestrial infrastructure. The company has acquired about 65 MHz of spectrum from EchoStar and plans to deploy next-generation Starlink Mobile satellites in 2027, with upgraded service targeted for the end of that year.
Shotwell described the enhanced network, leveraging more satellites and spectrum, as potentially “100 times better” than the current direct-to-cell offering, which already supports basic texting and app-based voice/video in coverage gaps through partnerships. She also indicated plans for low-cost cellular base stations that could integrate with existing Starlink dishes, creating a hybrid system for broader capacity in urban, suburban, and rural areas.
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For the general public, Starlink Mobile promises significant advantages. Satellite connectivity can fill gaps where traditional cell towers fail, delivering service in remote locations, mountains, or during outages caused by storms, wildfires, or infrastructure damage—conditions in which ground networks often collapse.
Users could enjoy more consistent coverage without relying solely on dense tower builds, potentially at competitive prices as SpaceX scales. The hybrid approach aims to support full mobile services, including higher-speed data, while working with unmodified smartphones over time.
These developments revive long-standing but unfounded rumors of a Musk-developed “Tesla phone.” Speculative claims of a “Pi Phone” or similar device with built-in Starlink connectivity have circulated for years on social media, often featuring fabricated images and details. Elon Musk has repeatedly denied any such plans, stating Tesla has no intention of entering the smartphone market unless forced by extreme circumstances with app stores.
No official product, filings, or development announcements have ever materialized; the rumors remain hoaxes.
The announcement quickly pressured telecom stocks. Shares of AT&T, Verizon, and T-Mobile fell between roughly 2 and 4 percent in after-hours and premarket trading as investors weighed the competitive threat from a hybrid satellite-terrestrial network.
While execution challenges remain—spectrum deployment, infrastructure rollout, and regulatory hurdles—Shotwell’s remarks mark SpaceX’s clearest signal yet of entering the consumer mobile market as a full competitor.
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Venture capitalist Chamath Palihapitiya has cautioned investors shorting SpaceX shares, drawing a direct parallel to the intense short-selling pressure Tesla faced in its early public years.
Responding to reports of elevated short interest in the newly public rocket, satellite, and AI company, Palihapitiya noted that similar dynamics played out with Tesla, where aggressive short sellers ultimately “went broke.”
SpaceX (NASDAQ: SPCX) went public on June 12, 2026, in the largest IPO on record, pricing at $135 per share. Shares quickly surged to an all-time high of $225.64 just days later, briefly implying a valuation exceeding $2 trillion. The stock has since retreated sharply amid valuation concerns, lockup expiration fears, and broader market dynamics.
By early August, it traded near $108–$125, representing a roughly 50 percent decline from the peak and bringing the market capitalization closer to the $1.5–1.7 trillion range. On August 4, shares closed up more than 9 percent at $125.33 ahead of earnings before facing pressure in after-hours and premarket trading.
Short interest has climbed dramatically. According to S3 Partners data widely cited in market reports, short positions reached approximately 219.3 million shares by late July, about 34 percent of the limited public float of roughly 640 million shares, and represented a notional value of around $24.6 billion.
Utilization of shares available to borrow hit 95 percent, with borrow fees rising. This level of shorting exceeded the dollar value of short bets against Tesla at the time and built rapidly ahead of two catalysts: the company’s first post-IPO earnings and an August 6 lockup expiration that could free up to 911.5 million additional shares.
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CEO Elon Musk has issued warnings of his own. In mid-July, as short interest approached one-third of the float, he posted that “the survival probability of firms who maintain a significant short position in SpaceX over time is very low,” reiterating his view that the company could ultimately be worth more than Earth if it achieves its goals.
On August 4, just before earnings, Musk responded to the latest short-interest data by saying, “I try to warn them, but they just double down.”
SpaceX delivered its first quarterly results as a public company after the close on August 4. Second-quarter revenue rose 92 percent year-over-year to $7.8 billion, beating consensus estimates near $6.8–6.9 billion.
The net loss narrowed to $541 million, or 9 cents per share, better than the roughly 23–24 cent loss expected. Starlink/connectivity contributed about $4.3 billion (up 66 percent), while the AI business generated $2.6 billion (up roughly 250 percent). Capital expenditures were heavy at $18.4 billion, largely tied to AI infrastructure. Management projected a $100 billion annualized revenue run rate by year-end 2026 and outlined a path toward $1 trillion in annual revenue by 2030.
The combination of Chamath’s historical reminder, Musk’s repeated alerts, and the company’s ambitious growth targets underscores the high-stakes debate surrounding SPCX. Short sellers are positioned for near-term supply pressure from the lockup, while long-term bulls point to Starlink scale, Starship progress, and AI compute expansion as reasons the bears may ultimately face the same fate as many early Tesla skeptics.
SpaceX has solved Starship’s biggest challenge, Elon Musk says
SpaceX is coming for wireless giants with Starlink Mobile
