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SpaceX CEO Elon Musk updates schedule for first orbital Starship launch
SpaceX CEO Elon Musk has presented the first significant update on the company’s Starship program since September 2019, offering a couple of new details about the status of the first orbital launch attempt of the largest and most powerful rocket ever built.
Unfortunately, above all else, the promised update was primarily a rehash of the broad-strokes vision of SpaceX’s Starship and Mars programs, as well as some basic details – most already known – about the rocket, its Raptor engines, and how it will be operated. Nonetheless, a large portion of the event was dedicated to audience questions, some of which actually extracted some specific details from the SpaceX CEO. Perhaps the single most important news: a rough but updated schedule for Starship’s first orbital test flight.
To be clear, a great many questions remain unanswered. Months after Starbase’s first orbital tank farm reached some degree of completion, SpaceX has yet to fill four main liquid methane (LCH4) tanks with even an ounce of fuel. Over the same period, the farm’s five liquid oxygen and nitrogen (LOx/LN2) tanks have been filled with thousands of tons of propellant and coolant. Why is still entirely unclear, save for speculation that SpaceX ran afoul of rudimentary methane storage regulations and is ever so slowly rectifying those errors with modifications. Without so much as a partially operational tank farm, SpaceX will be unable to attempt an orbital Starship launch, let alone start the process of qualifying a Super Heavy booster for flight with wet dress rehearsals (WDRs) and static fire tests.
Musk also failed to confirm or offer an educated guess as to which Starship and Super Heavy booster will support the first orbital test flight (OTF), whether the first OTF will truly reach orbit (rather than ‘just’ orbital velocity), and what will happen to Ship 20 and Booster 4 if – as a great deal of speculation suggests – they’ve fallen out of favor. If they’re to be replaced, it’s also unclear why that is or how long it might take to qualify a new ship and booster given that Super Heavy B4, for example, has yet to attempt a single static fire test a full six months after it first reached its full height.
Nonetheless, largely thanks to questions asked by members of the media, Musk did offer some valuable insight into Starship’s first orbital-class test flight. The SpaceX CEO says that he believes the Federal Aviation Administration (FAA) could complete an environmental assessment of Starbase as early as March. In the same presentation, Musk stated that SpaceX would “hopefully [complete environmental reviews] a couple months.” A lack of environmental approval has been the single most important bottleneck of orbital Starbase launch operations for months. The FAA originally anticipated that those reviews would be complete by the end of 2021 but recently delayed the estimated date of completion to the end of February 2022. Another delay from February to March (or later) has been expected for weeks.
It’s unclear how seamless the whole process will be but SpaceX will also need to receive an FAA license for orbital Starship launches after clearing environmental reviews. That could take days, weeks, months, or even a year or more. If SpaceX doesn’t receive a Finding Of No Significant Impact (FONSI) on its Starbase environmental assessment (EA) and instead has to complete a far more extensive Environmental Impact Statement (EIS), Starbase could be stuck in bureaucratic gridlock well into 2023 or even 2024.
Thankfully, Musk is extremely confident in SpaceX’s alternatives. In the event that Starbase becomes indefinitely unusable, SpaceX has already received full environmental approval to launch Starship out of Kennedy Space Center Pad 39A. The company has already begun the process of assembling a Starship launch and catch tower offsite and Musk believes that a Pad 39A Starship launch site could be brought online in just 6-8 months if SpaceX refocuses all of its Starship resources onto Florida.
The CEO also says that SpaceX’s goal is to have the hardware needed for Starship’s first orbital test flight ready to launch around the same as regulatory approval is secured – “hopefully a couple months for both,” in Musk’s words. If Starship S20 and Booster 4 are still assigned to mission, that schedule is not difficult to believe. Starship has already completed virtually all of the ground testing needed to qualify it for flight, while – from the outside – Super Heavy has never looked more ready for static fire testing.
If SpaceX intends to use a different ship and booster, though, the company will have to cut the amount of time needed for final assembly and qualification testing by a factor of two or three relative to B4/S20. If the next ship and booster pair takes a similar amount of time as B4/S20, the hardware needed for Starship’s first orbital launch attempt might not be ready until August or September 2022. SpaceX will also need to build, test, qualify, and ship around three-dozen Raptor 2 engines, the production of which could singlehandedly take at least six or seven weeks at the current pace of production.
Ultimately, no matter where the cards currently in the air end up falling, it looks like SpaceX has an extremely busy – and hopefully fruitful – year of Starship development and testing ahead of it
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’
