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SpaceX CEO Elon Musk to present first Starship update since 2019 [webcast]
Barring surprises, SpaceX CEO Elon Musk remains on track to present the first major update on Starship’s development since September 2019 – almost two and a half years ago.
While it’s no longer clear that SpaceX will be able to stack Starship on top of Super Heavy in time for the fully-stacked rocket to serve as an imposing backdrop for the media event, Musk seemingly remains on track to update the world on the status of Starship development as early as 8pm CT (6pm PT, 9pm ET) on Thursday, February 10th (02:00 UTC 11 Feb). Assuming the event is similar to the SpaceX CEO’s first four major Starship presentations, it will be broadcast live to the world on the company’s YouTube channel.
Musk first revealed SpaceX’s detailed plans for a massive, fully-reusable Mars rocket in September 2016. At that point, the rocket – known as the Interplanetary Transport System (ITS) – was to be 12 meters (39 ft) in diameter, 122 meters (400 ft) tall, and made almost entirely out of carbon-fiber composites. In theory, it would have been able to launch up to 300 tons (660,000 lb) to low Earth orbit (LEO) – twice the payload of Saturn V, the next most capable rocket.
In 2017, SpaceX slightly pared back its ambition with a vehicle known as BFR, measuring 9m wide and 106m tall with about a third fewer Raptor engines and estimated performance of ~130 tons (285,000 lb) to LEO. In 2018, on top of announcing Japanese billionaire Yusaku Maezawa’s circumlunar DearMoon mission and BFR’s first real launch contract, SpaceX updated BFR’s design, stretching the booster 12 meters for a total height of 118m (390 ft) and hedging its performance figures with an estimate of 100 tons to LEO in a fully-reusable configuration.
Around the same time as Musk’s 2018 BFR presentation, though, the SpaceX CEO made the decision to entirely scrap the rocket’s composites-heavy design, renaming the rocket ‘Starship’ and replacing the material with stainless steel – effectively reverting structures development to the drawing board. The principles of the rocket, its general shape and layout, and the Raptor engine powering it remained the same. Thanks to steel’s extreme affordability relative to cutting-edge composites, SpaceX was able to make rapid progress and ultimately flew Starhopper – a steel water-tower-esque rocket powered by Raptor – less than a year later in July and August 2019.
Less than a year after Starhopper’s 150m (~500 ft) hop, SpaceX successfully hopped a far more mature Starship prototype known as SN5, which relied on far thinner steel and effectively amounted to a full prototype of the tank section of an orbital-class ship. Just a month later, in September 2020, SpaceX repeated the feat with an entirely different Starship prototype, demonstrating repeatability both in production and flight. Three months later, Starship SN8 – featuring flaps, a nosecone, header tanks, and two more Raptor engines – nearly aced its launch debut. In May 2021, after three more failed test flights, Starship SN15 stuck the landing and survived a 10 km launch, more or less fully demonstrating the rocket’s exotic skydiver-style descent and last-second flip for a vertical landing.
Visible progress has slowed and flight testing has halted since SpaceX began pushing for the first orbital Starship test flight in mid-2021. The company decided against reusing Starship SN15 and also chose not to attempt to replicate the ship’s successful landing with Starship SN16, which was ready for testing a matter of days after. Instead, SpaceX has focused on constructing the orbital launch site and slowly finished Starship S20 and Super Heavy B4 – a pair once expected to support the first orbital test flight. While slow compared to all previous Starship prototypes, Ship 20 has nonetheless made excellent progress and is effectively fully ready for a serious flight test. Booster 4, on the other hand, has barely completed cryogenic proof testing and has yet to perform even a partial wet dress rehearsal (with live propellant) or attempt a single static fire test in last five months.
In short, the status of Starship development – and, especially, Booster 4, Ship 20, and the first orbital test flight – has gotten quite a bit murkier over the last several months. February 9th and 10th marked a welcome change of pace, with SpaceX sailing through the very first attempt at stacking Starship hardware with Starbase’s ‘orbital integration tower’ (launch tower) and a trio of giant, robotic arms. Just a handful of hours after the first ‘arm lift’ began, Starship S20 was safely stacked atop Super Heavy Booster 4, assembling the largest rocket in the world for the second time this year.
With any luck, SpaceX CEO Elon Musk’s first presentation in two and a half years – scheduled no earlier than 8pm CST (02:00 UTC) – will shed further light on the company’s progress towards orbital test flights.
Tesla engineers deflected calls from Apple on a daily basis while the tech giant was developing its now-defunct electric vehicle program, which was known as “Project Titan.”
Back in 2022 and 2023, Apple was developing an EV in a top-secret internal fashion, hoping to launch it by 2028 with a fully autonomous driving suite.
However, Apple bailed on the project in early 2024, as Project Titan abandoned the project in an email to over 2,000 employees. The company had backtracked its expectations for the vehicle on several occasions, initially hoping to launch it with no human driving controls and only with an autonomous driving suite.
Apple canceling its EV has drawn a wide array of reactions across tech
It then planned for a 2028 launch with “limited autonomous driving.” But it seemed to be a bit of a concession at that point; Apple was not prepared to take on industry giants like Tesla.
Wedbush’s Dan Ives noted in a communication to investors that, “The writing was on the wall for Apple with a much different EV landscape forming that would have made this an uphill battle. Most of these Project Titan engineers are now all focused on AI at Apple, which is the right move.”
Apple did all it could to develop a competitive EV that would attract car buyers, including attempting to poach top talent from Tesla.
In a new podcast interview with Tesla CEO Elon Musk, it was revealed that Apple had been calling Tesla engineers nonstop during its development of the now-defunct project. Musk said the engineers “just unplugged their phones.”
Musk said in full:
“They were carpet bombing Tesla with recruiting calls. Engineers just unplugged their phones. Their opening offer without any interview would be double the compensation at Tesla.”
Interestingly, Apple had acquired some ex-Tesla employees for its project, like Senior Director of Engineering Dr. Michael Schwekutsch, who eventually left for Archer Aviation.
Tesla took no legal action against Apple for attempting to poach its employees, as it has with other companies. It came after EV rival Rivian in mid-2020, after stating an “alarming pattern” of poaching employees was noticed.
There are a lot of Tesla bulls out there who have astronomical expectations for the company, especially as its arm of reach has gone well past automotive and energy and entered artificial intelligence and robotics.
However, some of the most bullish Tesla investors believe the company could become worth $100 trillion, and CEO Elon Musk does not believe that number is completely out of the question, even if it sounds almost ridiculous.
To put that number into perspective, the top ten most valuable companies in the world — NVIDIA, Apple, Alphabet, Microsoft, Amazon, TSMC, Meta, Saudi Aramco, Broadcom, and Tesla — are worth roughly $26 trillion.
Will Tesla join the fold? Predicting a triple merger with SpaceX and xAI
Cathie Wood of ARK Invest believes the number is reasonable considering Tesla’s long-reaching industry ambitions:
“…in the world of AI, what do you have to have to win? You have to have proprietary data, and think about all the proprietary data he has, different kinds of proprietary data. Tesla, the language of the road; Neuralink, multiomics data; nobody else has that data. X, nobody else has that data either. I could see $100 trillion. I think it’s going to happen because of convergence. I think Tesla is the leading candidate [for $100 trillion] for the reason I just said.”
Musk said late last year that all of his companies seem to be “heading toward convergence,” and it’s started to come to fruition. Tesla invested in xAI, as revealed in its Q4 Earnings Shareholder Deck, and SpaceX recently acquired xAI, marking the first step in the potential for a massive umbrella of companies under Musk’s watch.
SpaceX officially acquires xAI, merging rockets with AI expertise
Now that it is happening, it seems Musk is even more enthusiastic about a massive valuation that would swell to nearly four-times the value of the top ten most valuable companies in the world currently, as he said on X, the idea of a $100 trillion valuation is “not impossible.”
It’s not impossible
— Elon Musk (@elonmusk) February 6, 2026
Tesla is not just a car company. With its many projects, including the launch of Robotaxi, the progress of the Optimus robot, and its AI ambitions, it has the potential to continue gaining value at an accelerating rate.
Musk’s comments show his confidence in Tesla’s numerous projects, especially as some begin to mature and some head toward their initial stages.
Elon Musk
Celebrating SpaceX’s Falcon Heavy Tesla Roadster launch, seven years later (Op-Ed)
Seven years later, the question is no longer “What if this works?” It’s “How far does this go?”
When Falcon Heavy lifted off in February 2018 with Elon Musk’s personal Tesla Roadster as its payload, SpaceX was at a much different place. So was Tesla. It was unclear whether Falcon Heavy was feasible at all, and Tesla was in the depths of Model 3 production hell.
At the time, Tesla’s market capitalization hovered around $55–60 billion, an amount critics argued was already grossly overvalued. SpaceX, on the other hand, was an aggressive private launch provider known for taking risks that traditional aerospace companies avoided.
The Roadster launch was bold by design. Falcon Heavy’s maiden mission carried no paying payload, no government satellite, just a car drifting past Earth with David Bowie playing in the background. To many, it looked like a stunt. For Elon Musk and the SpaceX team, it was a bold statement: there should be some things in the world that simply inspire people.
Inspire it did, and seven years later, SpaceX and Tesla’s results speak for themselves.
Today, Tesla is the world’s most valuable automaker, with a market capitalization of roughly $1.54 trillion. The Model Y has become the best-selling car in the world by volume for three consecutive years, a scenario that would have sounded insane in 2018. Tesla has also pushed autonomy to a point where its vehicles can navigate complex real-world environments using vision alone.
And then there is Optimus. What began as a literal man in a suit has evolved into a humanoid robot program that Musk now describes as potential Von Neumann machines: systems capable of building civilizations beyond Earth. Whether that vision takes decades or less, one thing is evident: Tesla is no longer just a car company. It is positioning itself at the intersection of AI, robotics, and manufacturing.
SpaceX’s trajectory has been just as dramatic.
The Falcon 9 has become the undisputed workhorse of the global launch industry, having completed more than 600 missions to date. Of those, SpaceX has successfully landed a Falcon booster more than 560 times. The Falcon 9 flies more often than all other active launch vehicles combined, routinely lifting off multiple times per week.
Falcon 9 has ferried astronauts to and from the International Space Station via Crew Dragon, restored U.S. human spaceflight capability, and even stepped in to safely return NASA astronauts Butch Wilmore and Suni Williams when circumstances demanded it.
Starlink, once a controversial idea, now dominates the satellite communications industry, providing broadband connectivity across the globe and reshaping how space-based networks are deployed. SpaceX itself, following its merger with xAI, is now valued at roughly $1.25 trillion and is widely expected to pursue what could become the largest IPO in history.
And then there is Starship, Elon Musk’s fully reusable launch system designed not just to reach orbit, but to make humans multiplanetary. In 2018, the idea was still aspirational. Today, it is under active development, flight-tested in public view, and central to NASA’s future lunar plans.
In hindsight, Falcon Heavy’s maiden flight with Elon Musk’s personal Tesla Roadster was never really about a car in space. It was a signal that SpaceX and Tesla were willing to think bigger, move faster, and accept risks others wouldn’t.
The Roadster is still out there, orbiting the Sun. Seven years later, the question is no longer “What if this works?” It’s “How far does this go?”
Tesla engineers deflected calls from this tech giant’s now-defunct EV project
Tesla to a $100T market cap? Elon Musk’s response may shock you
