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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 has scheduled its Earnings Call for Q4 and Full Year 2025 for next Wednesday, January 28, at 5:30 p.m. EST, and investors are already preparing to get some answers from executives regarding a wide variety of topics.
The company accepts several questions from retail investors through the platform Say, which then allows shareholders to vote on the best questions.
Tesla does not answer anything regarding future product releases, but they are willing to shed light on current timelines, progress of certain projects, and other plans.
There are five questions that range over a variety of topics, including SpaceX, Full Self-Driving, Robotaxi, and Optimus, which are currently in the lead to be asked and potentially answered by Elon Musk and other Tesla executives:
- You once said: Loyalty deserves loyalty. Will long-term Tesla shareholders still be prioritized if SpaceX does an IPO?
- Our Take – With a lot of speculation regarding an incoming SpaceX IPO, Tesla investors, especially long-term ones, should be able to benefit from an early opportunity to purchase shares. This has been discussed endlessly over the past year, and we must be getting close to it.
- When is FSD going to be 100% unsupervised?
- Our Take – Musk said today that this is essentially a solved problem, and it could be available in the U.S. by the end of this year.
- What is the current bottleneck to increase Robotaxi deployment & personal use unsupervised FSD? The safety/performance of the most recent models or people to monitor robots, robotaxis, in-car, or remotely? Or something else?
- Our Take – The bottleneck seems to be based on data, which Musk said Tesla needs 10 billion miles of data to achieve unsupervised FSD. Once that happens, regulatory issues will be what hold things up from moving forward.
- Regarding Optimus, could you share the current number of units deployed in Tesla factories and actively performing production tasks? What specific roles or operations are they handling, and how has their integration impacted factory efficiency or output?
- Our Take – Optimus is going to have a larger role in factories moving forward, and later this year, they will have larger responsibilities.
- Can you please tie purchased FSD to our owner accounts vs. locked to the car? This will help us enjoy it in any Tesla we drive/buy and reward us for hanging in so long, some of us since 2017.
- Our Take – This is a good one and should get us some additional information on the FSD transfer plans and Subscription-only model that Tesla will adopt soon.
Tesla will have its Earnings Call on Wednesday, January 28.
Elon Musk shared an incredible detail about Tesla Cybercab’s potential efficiency, as the company has hinted in the past that it could be one of the most affordable vehicles to operate from a per-mile basis.
ARK Invest released a report recently that shed some light on the potential incremental cost per mile of various Robotaxis that will be available on the market in the coming years.
The Cybercab, which is detailed for the year 2030, has an exceptionally low cost of operation, which is something Tesla revealed when it unveiled the vehicle a year and a half ago at the “We, Robot” event in Los Angeles.
Musk said on numerous occasions that Tesla plans to hit the $0.20 cents per mile mark with the Cybercab, describing a “clear path” to achieving that figure and emphasizing it is the “full considered” cost, which would include energy, maintenance, cleaning, depreciation, and insurance.
Probably true
— Elon Musk (@elonmusk) January 22, 2026
ARK’s report showed that the Cybercab would be roughly half the cost of the Waymo 6th Gen Robotaxi in 2030, as that would come in at around $0.40 per mile all in. Cybercab, at scale, would be at $0.20.
Credit: ARK Invest
This would be a dramatic decrease in the cost of operation for Tesla, and the savings would then be passed on to customers who choose to utilize the ride-sharing service for their own transportation needs.
The U.S. average cost of new vehicle ownership is about $0.77 per mile, according to AAA. Meanwhile, Uber and Lyft rideshares often cost between $1 and $4 per mile, while Waymo can cost between $0.60 and $1 or more per mile, according to some estimates.
Tesla’s engineering has been the true driver of these cost efficiencies, and its focus on creating a vehicle that is as cost-effective to operate as possible is truly going to pay off as the vehicle begins to scale. Tesla wants to get the Cybercab to about 5.5-6 miles per kWh, which has been discussed with prototypes.
Additionally, fewer parts due to the umboxed manufacturing process, a lower initial cost, and eliminating the need to pay humans for their labor would also contribute to a cheaper operational cost overall. While aspirational, all of the ingredients for this to be a real goal are there.
It may take some time as Tesla needs to hammer the manufacturing processes, and Musk has said there will be growing pains early. This week, he said regarding the early production efforts:
“…initial production is always very slow and follows an S-curve. The speed of production ramp is inversely proportionate to how many new parts and steps there are. For Cybercab and Optimus, almost everything is new, so the early production rate will be agonizingly slow, but eventually end up being insanely fast.”
Elon Musk
Elon Musk to attend 2026 World Economic Forum at Davos
The Tesla CEO was confirmed as a last-minute speaker for a session with BlackRock CEO Larry Fink.
Elon Musk is poised to attend the 2026 World Economic Forum in Davos. The Tesla CEO was confirmed as a last-minute speaker for a session with BlackRock CEO Larry Fink, signaling a thaw in Musk’s long-strained relationship with the event.
A late addition
Organizers of the World Economic Forum confirmed that Elon Musk was added shortly before the event to a Thursday afternoon session, where he was scheduled to speak with Fink, as noted in a Bloomberg News report. Musk’s upcoming appearance marks Musk’s first participation in the forum, which annually draws political leaders, business executives, and global media to Davos, Switzerland.
Musk’s attendance represents a departure from his past stance toward the event. He had been invited in prior years but declined to attend, including in 2024. His upcoming appearance followed remarks from his political ally, Donald Trump, who addressed the forum earlier in the week with a wide-ranging speech.
A previously strained relationship
Musk had frequently criticized the World Economic Forum in the past, describing it as elitist and questioning its influence. In earlier posts, he characterized the gathering as “boring” and accused it of functioning like an unelected global authority. Those remarks contributed to a long-running distance between Musk and WEF organizers.
The forum previously said Musk had not been invited since 2015, though that position has since shifted. Organizers indicated last year that Musk was welcome amid heightened interest in his political and business activities, including his involvement in the Trump administration’s Department of Government Efficiency (DOGE). Musk later stepped away from that role.
Despite his friction with the World Economic Forum, Musk has remained central to several global events, from SpaceX’s provision of satellite internet services in geopolitically sensitive regions through Starlink to the growing use of xAI’s Grok in U.S. government applications.
Tesla Earnings Call: Top 5 questions investors are asking
Elon Musk shares incredible detail about Tesla Cybercab efficiency
