News
SpaceX CEO Elon Musk claims Starship will be ready for first orbital launch in July
CEO Elon Musk claims that SpaceX could be ready to attempt Starship’s first orbital launch as early as July.
While SpaceX has been making slow and steady progress preparing the Starship upper stage and Super Heavy booster nominally assigned to that launch debut, the odds that even just one of those two stages will be fully qualified for flight before the end of July are quite small. Musk’s claims about what will happen after that rocket is ready are even loftier.
According to Musk, after SpaceX is done preparing a Starship and Super Heavy booster for their inaugural orbital launch attempt sometime “next month,” the company will have a second ship and booster pair “ready to fly in August” and another pair every month after that. If SpaceX rapidly completes the dozens of environmental mitigations assigned to it on June 13th and receives an FAA license or experimental permit for orbital Starship launches, the company does theoretically have permission for five orbital launches out of South Texas in 2022, but the same is also true for all 12 months of 2023.
However, there is very little evidence that SpaceX is on the cusp of being able to complete a new orbital-class Starship and Super Heavy booster every month. While SpaceX is working on future Starships and is almost done assembling a second orbital-class Super Heavy booster, the pace of that work appears to be about the same as it’s been for the last 12+ months. Yes, SpaceX is almost done stacking Booster 8 and has begun stacking Ship 25. Sections of Ship 26, Ship 27, and Booster 9 have also been spotted at Starbase. But SpaceX has been unable to finish stacking Booster 8 over the last few months it’s been focused on Ship 24 and Booster 7.
Ship 24 and Booster 7, meanwhile, are making good progress but are still incomplete. Both recently completed several mostly successful cryogenic and structural proof tests and returned to SpaceX’s assembly bays, where workers have begun installing Raptor engines and applying finishing touches.
After a month of work, it appears that Super Heavy B7 may finally be preparing to return to Starbase’s launch site on Thursday, June 16th. Since it returned to the factory on May 14th, SpaceX has been installing 33 new Raptor 2 engines, applying thermal protection to those engines, buttoning up the booster’s aft end, installing control surfaces known as grid fins, and completing a few other unfinished tasks. If all of that work is complete when it rolls out again, B7 could kick off the next phase of its qualification testing – wet dress rehearsals and static fires – shortly after returning to the orbital launch site.
SpaceX has never attempted a full-scale Super Heavy wet dress rehearsal, in which the largest rocket booster ever built will be fully filled with more than three thousand metric tons of flammable cryogenic propellant and put through a simulated launch countdown. SpaceX has also never come close to conducting a full Super Heavy static fire, though it did fire three outdated Raptors on an outdated booster prototype a single time in July 2021.
Ship 24’s position is slightly more favorable, as it only needs six Raptor 2 engines installed. Thanks to Ship 20, which successfully completed several wet dress rehearsals and several static fires that ignited all six engines, Ship 24 will also be heading into terrain that is slightly less uncharted. Still, the Starship’s heat shield needs several hundred more tiles installed, one of four flap aerocover ‘caps’ is missing, and thermal protection will need to be installed around its Raptors.
Once Booster 7 and Ship 24 are both fully outfitted and installed on their respective test stands, there’s still little reason to believe that either prototype has any chance of completing all the tests needed for flight qualification by the end of July. In fact, for B7 and S24 to be truly ready for flight before the end of July, they’d likely need to wrap up qualification testing well before the end of the month to conduct another series of tests after the pair is fully stacked. If SpaceX does not proceed with at least some degree of caution and a plan to thoroughly test both stages before a launch attempt, it will significantly increase the risk of catastrophic launch pad damage that could easily take half a year or more to fix.
More realistically, it’s reasonable to assume that Ship 24 and Booster 7 will both run into some minor issues during their first wet dress rehearsals and static fire tests, possibly requiring Raptor replacements or even minor repairs. Instead of a few weeks, serious flight qualification could take a few months. It’s also arguably far likelier that one or both stages will need to be entirely replaced by Ship 25 or Booster 8 than it is that both will be ready to launch six weeks from now. Both Booster 4 and Ship 24 suffered some degree of damage during proof tests that are in many ways much easier than the wet dress and static fire tests they’ll soon face.
Still, despite the many reasons for pragmatism and expectation management, SpaceX has never been closer to Starship’s orbital launch debut, and the odds of that debut occurring sometime in 2022 have never been better.
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
