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SpaceX ramps up Falcon 9, Falcon Heavy booster testing in Central Texas

SpaceX's Texas rocket testing HQ has seen a big uptick in activity recently, culminating in a surprise Falcon 9 booster arrival last week. (Reagan - @bluemoondance74)

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In the latest twist in the saga of SpaceX’s McGregor, Texas testing facilities, a new Falcon 9 booster has managed to sneak past a network of unofficial observers to create a whole different kind of rocket traffic jam.

On the heels of a single day (March 19th) filled with at least five different tests of Merlin and Raptor engines and a Falcon Heavy booster, SpaceX was apparently satisfied with the results from the Heavy center core’s final major qualification test. On March 24th, the day after yet another five-test day in McGregor, SpaceX hooked up a crane to B1066 and brought the booster horizontal to prepare for transport to Cape Canaveral, Florida.

That very same day, a local resident and avid McGregor hawk spotted a new Falcon 9 booster arriving (or recently uncovered) at the test facility. Less than 24 hours later, the Falcon 9 booster was brought vertical and installed on the facility’s largest test stand for a routine qualification static fire. For McGregor, particularly after a relatively slow 12-18 months of Falcon first stage testing, having two new boosters simultaneously onsite – let alone two new boosters vertical just ~24 hours apart – is a massive change of pace.

In January 2021, some two months after arriving in Texas, the second of at least two new Falcon Heavy side boosters (B1064 and B1065) went vertical at McGregor, quickly wrapped up its static fire test campaign, and arrived at Cape Canaveral by the end of the month. Roughly a week later, Falcon Heavy Flight 4’s center core (B1066) arrived in McGregor and went vertical a few weeks after that. It’s possible that B1066 performed a static fire test that month, but the booster did unequivocally fire up on March 19th.

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Days later, Falcon 9 B1067 is vertical on the same McGregor booster test stand and could potentially fire up anywhere from a few days to a few weeks from now. Combined with an October 2020 static fire of the first Falcon Heavy Flight 4 side booster static fire, all three of the massive rocket’s first stage boosters will likely be qualified and ready for flight within a week or two.

Notably, for McGregor, three new Falcon booster static fire tests in approximately three (or even four) months is a huge change of pace. Thanks almost exclusively to the success of Falcon Block 5 reusability since its 2018 debut, SpaceX booster production has consistently declined year over year, dropping to just five new booster deliveries in 2020 – the lowest production rate since 2013.

SpaceX has been ramping up Falcon fairing and expendable upper stage production to levels never seen before to achieve a record 26 launches in 2020, potentially explaining that record low. However, in 2021, McGregor appears to be on track to test and ship three new boosters in four months (or less), extrapolating to an annual cadence of nine or more booster tests.

Aside from last week’s F9 B1067 surprise, SpaceX needs to build, test, and deliver at least one more Falcon Heavy center core between now and the end of Q3 for an October launch. If SpaceX can partially maintain the throughput implied by delivering B1066 and B1067 to McGregor just seven weeks apart, it’s not infeasible that the company could manage the first uptick in Falcon booster production since 2017.

Eric Ralph is Teslarati's senior spaceflight reporter and has been covering the industry in some capacity for almost half a decade, largely spurred in 2016 by a trip to Mexico to watch Elon Musk reveal SpaceX's plans for Mars in person. Aside from spreading interest and excitement about spaceflight far and wide, his primary goal is to cover humanity's ongoing efforts to expand beyond Earth to the Moon, Mars, and elsewhere.

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Elon Musk

SpaceX considering confidential IPO filing this March: report

The filing could pave the way for a June listing at a valuation that may exceed $1.75 trillion.

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Credit: SpaceX/X

SpaceX is reportedly preparing to confidentially file for an initial public offering (IPO) as soon as March. The filing could pave the way for a June listing at a valuation that may exceed $1.75 trillion, potentially making it the largest IPO in history.

The update was initially reported by Bloomberg News, which cited information shared by people reportedly familiar with the matter. 

As per the publication, a confidential filing allows a company to receive regulatory feedback before publicly releasing its financials. Bloomberg’s source, however, noted that the timing of SpaceX’s IPO is still under discussion and plans could change.

SpaceX did not immediately respond to requests for comment.

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A March submission would mark the clearest step yet toward bringing Elon Musk’s private space company into public markets. People familiar with the preparations said the offering could raise as much as $50 billion. That would surpass the $29 billion debut of Saudi Aramco in 2019, currently the largest IPO on record.

Major banks including Goldman Sachs Group Inc., JPMorgan Chase & Co., Morgan Stanley, and Bank of America Corp. are reportedly positioned for senior roles in the transaction. SpaceX is also said to be considering a dual-class structure that would allow insiders, including Musk, to retain enhanced voting control.

Satellite communications provider EchoStar Corp., which holds a stake in SpaceX, reportedly saw its shares rise following news of the potential filing.

At a valuation exceeding $1.75 trillion, SpaceX would immediately have a larger market cap than all but five of the companies traded in the S&P 500 index. That figure would place it ahead of Meta Platforms Inc. and Tesla Inc. by market capitalization, trailing only a small group of mega-cap firms such as Apple Inc. and Microsoft Corp.

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The scale of the proposed valuation reflects SpaceX’s dominance in orbital launch services and its Starlink satellite network, which serves millions of users globally. The company has also outlined long-term expansion plans tied to higher Starship launch cadence, orbital infrastructure, and lunar development initiatives.

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Elon Musk

Elon Musk hints Tesla investors will be rewarded heavily

“Hold onto your Tesla stock. It’s going to be worth a lot, I think. That’s my bet,” Musk said.

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Credit: Grok

Elon Musk recently hinted that he believes Tesla investors will be rewarded heavily if they continue to hold onto their shares, and he reiterated that in a new interview that the company released on its social accounts this week.

Musk is one of the most successful CEOs in the modern era and has mammothed competitors on the Forbes Net Worth List over the past year as his holdings in his various companies have continued to swell.

Tesla investors, especially those who have been holding shares for several years, have also felt substantial gains in their portfolios. Over the past five years, the stock is up over 78 percent. Since February 2019, nearly seven years ago to the day, the stock is up over 1,800 percent.

Musk said in the interview:

“Hold onto your Tesla stock. It’s going to be worth a lot, I think. That’s my bet.”

It’s no secret Musk has been extremely bullish on his own companies, but Tesla in particular, because it is publicly traded.

However, the company has so many amazing projects that have an opportunity to revolutionize their respective industries. There is certainly a path to major growth on Wall Street for Tesla through its various future projects, including Optimus, Cybercab, Semi, and Unsupervised FSD.

  • Optimus (Tesla’s humanoid robot): Musk has discussed its potential for tasks like childcare, walking dogs, or assisting elderly parents, positioning it as a massive long-term driver of company value.
  • Cybercab (Tesla’s robotaxi/autonomous ride-hailing vehicle): a fully autonomous vehicle geared specifically for Tesla’s ride-sharing ambitions.
  • Semi (Tesla’s electric truck, with mentions of expansion, like in Europe): brings Tesla into the commercial logistics sector.
  • Unsupervised FSD (Full Self-Driving software achieving full autonomy without human supervision): turns every Tesla owner’s vehicle into a fully-autonomous vehicle upon release

These projects specifically are some of the highest-growth pillars Tesla has ever attempted to develop, especially in Musk’s eyes, as he has said Optimus will be the best-selling product of all-time.

Many analysts agree, but the bullish ones, like Cathie Wood of ARK Invest, are perhaps the one who believes Tesla has incredible potential on Wall Street, predicting a $2,600 price target for 2030, but this is not even including Optimus.

She told Bloomberg last March that she believes that the project will present a potential additive if Tesla can scale faster than anticipated.

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Cybertruck

Tesla drops latest hint that new Cybertruck trim is selling like hotcakes

According to Tesla’s Online Design Studio, the new All-Wheel-Drive Cybertruck will now be delivered in April 2027. Earlier orders are still slated for early this Summer, but orders from here on forward are now officially pushed into next year:

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(Credit: Tesla)

Tesla’s new Cybertruck offering has had its delivery date pushed back once again. This is now the second time, and deliveries for the newest orders are now pushed well into 2027.

According to Tesla’s Online Design Studio, the new All-Wheel-Drive Cybertruck will now be delivered in April 2027. Earlier orders are still slated for early this Summer, but orders from here on forward are now officially pushed into next year:

Just three days ago, the initial delivery date of June 2026 was pushed back to early Fall, and now, that date has officially moved to April 2027.

The fact that Tesla has had to push back deliveries once again proves one of two things: either Tesla has slow production plans for the new Cybertruck trim, or demand is off the charts.

Judging by how Tesla is already planning to raise the price based on demand in just a few days, it seems like the company knows it is giving a tremendous deal on this spec of Cybertruck, and units are moving quickly.

That points more toward demand and not necessarily to slower production plans, but it is not confirmed.

Tesla Cybertruck’s newest trim will undergo massive change in ten days, Musk says

Tesla is set to hike the price on March 1, so tomorrow will be the final day to grab the new Cybertruck trim for just $59,990.

It features:

  • Dual Motor AWD w/ est. 325 mi of range
  • Powered tonneau cover
  • Bed outlets (2x 120V + 1x 240V) & Powershare capability
  • Coil springs w/ adaptive damping
  • Heated first-row seats w/ textile material that is easy to clean
  • Steer-by-wire & Four Wheel Steering
  • 6’ x 4’ composite bed
  • Towing capacity of up to 7,500 lbs
  • Powered frunk

Interestingly, the price offering is fairly close to what Tesla unveiled back in late 2019.

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