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SpaceX wants to use the first Mars-bound BFR spaceships as Martian habitats
Speaking at the 2018 Mars Society Convention, SpaceX’s Principal Mars Development Engineer Paul Wooster briefly presented on the company’s BFR and Mars colony ambitions.
While the majority of the 30-minute talk rehashed CEO Elon Musk’s 2017 BFR update and subsequent Reddit AMA, it also happened to contain a handful of new details and slides, including a suggestion that the first BFR spaceships to land on Mars will stay on the Red Planet as temporary habitats or tools for early colonists.
SpaceX Mars architecture features pic.twitter.com/IHOLCbbvRS
— Maxime Lenormand (@MaxLenormand) August 25, 2018
The senior engineer reiterated the company’s aspirational Martian launch targets, featuring two uncrewed cargo BFRs in 2022 and four total BFRs in 2024, two crewed and two uncrewed. Whether or not the lack of change in those dates (provided by Wooster nearly a year after CEO Elon Musk’s identical date reveal in September 2017) asserts that SpaceX’s BFR and Mars research and development remains on track, it almost certainly confirms that the company’s incredibly aggressive targets are here to stay.
Graciously documented by Reddit users /u/theinternetftw and /u/Nehkara and European Space Agency intern Maxime Lenormand, at least partially alleviating the unbelievably atrocious webcast quality, Wooster offered attendees a slightly deeper glimpse into the extensive in-depth planning going on behind the scenes at SpaceX. Almost all of the new slides Wooster presented focused heavily on the technical side of actually planning to create a self-sustaining Martian colony, ranging from locations for any prospective colony to the types of skillsets that would be exceptionally invaluable in early colonists.
And here are some additional considerations pic.twitter.com/jdVJglfHCG
— Maxime Lenormand (@MaxLenormand) August 25, 2018
At this point, it’s entirely possible that SpaceX’s internal team of Mars-focused engineers and experts has already begun to approach or even surpass the detail and value of previous theoretical Martian colonization research from the likes of NASA, ESA, and other space agencies and companies. Still, SpaceX has made it eminently clear that it wants and likely needs to collaborate with independent experts on Mars, life support systems, construction, resource extraction and refinement, and more.
A private Mars workshop recently hosted by SpaceX – likely the first of many to come – evidenced that desire to collaborate with companies, agencies, and researchers that have already put years of effort into analyzing and answering the same questions SpaceX will need to answer to successfully build a sustainable city on Mars
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- A Crew BFS (Big F____ Spaceship) pictured landing on Mars. (SpaceX)
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- SpaceX’s Big F____ Spaceship (BFS) pictured near a conceptual Mars base, including a domed common area. (SpaceX)
Perhaps the most interesting detail to come out of Wooster’s August 25th talk, however, was the slight affirmation that SpaceX is seriously thinking about leaving the first landed BFR spaceships on Mars indefinitely, although it’s not entirely clear which spaceships he was referring to. According to paraphrased notes taken from the webcast, early BFR spaceships on the Martian surface would remain there to be used as resources (habitats). He subsequently noted that early colonists would “probably” live out of the first landed spaceships, to begin with, suggesting that the uncrewed, cargo-dedicated spaceships would still return to Earth, as they will not feature human-rated life support systems of any of the necessities for living.
Still, multiple other slides in Wooster’s presentation make it clear that the goal from the very beginning of the first BFRs to Mars is to expand living space and infrastructure as quickly as possible, paving the way for the arrival of more and more colonists. It’s extremely likely that a significant number of skilled colonists will be needed to ensure that the colony remains healthy and safe, while also guaranteeing that it can sustainably grow as rapidly as feasible.
Plans are for sending the first 2 cargos as soon as 2022! pic.twitter.com/A5y3HNpIOx
— Maxime Lenormand (@MaxLenormand) August 25, 2018
Even though it certainly wasn’t the “BFR update” Musk suggested was coming soon, Wooster’s presentation provided the best glimpse yet into the extensive analysis and planning SpaceX is undertaking to discern how exactly to best structure its very first colony-focused launches to Mars.
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Elon Musk has firmly denied recent media reports suggesting that SpaceX has reduced its target valuation for an upcoming initial public offering.
The denial came directly from the SpaceX and Tesla frontman on his social media platform X, where he responded with a single word, “False,” to a post from ZeroHedge that cited Bloomberg sources.
This swift rebuttal underscores Musk’s ongoing effort to manage speculation surrounding one of the most anticipated market debuts in recent history.
False
— Elon Musk (@elonmusk) May 29, 2026
According to the disputed reports, SpaceX had lowered its IPO valuation goal to at least $1.8 trillion from previous ambitions exceeding $2 trillion.
The claims emerged amid growing anticipation for the company’s confidential S-1 filing, which positions it for a potential public listing as early as June.
Some had pointed to strong revenue growth, particularly from the Starlink satellite internet service, which contributed heavily to the firm’s 2025 figures of $18.7 billion. Yet challenges persist in other areas, including substantial investments and losses tied to ambitious projects like Starship development and artificial intelligence initiatives, which plan to make life multiplanetary eventually.
Musk’s response highlights a pattern in which he actively counters what he views as inaccurate portrayals of his companies’ trajectories.
SpaceX, already valued privately at extraordinary levels, stands as a cornerstone of Musk’s empire alongside Tesla and xAI. The entrepreneur has long emphasized the transformative potential of reusable rockets and global broadband access, factors that fuel investor enthusiasm despite operational hurdles.
By rejecting the valuation downgrade narrative, Musk signals confidence in SpaceX’s fundamentals and its readiness for public markets on terms favorable to its long-term vision. People have been waiting a very long time to invest in SpaceX, and the valuation, as well as the introductory share price, is not going to need adjusting.
They’ll have plenty of suitors.
This episode reflects broader dynamics in the technology sector, where rumors often swirl around high-profile entities. Musk’s direct engagement with media narratives serves to maintain transparency and control the narrative around his ventures.
As SpaceX prepares for greater scrutiny in public markets, the founder’s denial reinforces optimism about its prospects. Supporters argue that the company’s innovative edge positions it for enduring success, far beyond short-term valuation debates. With the denial now public, attention turns to forthcoming regulatory filings that could provide clearer insights into SpaceX’s strategy and financial health.
The coming weeks promise to reveal more about how SpaceX will transition into a publicly traded powerhouse.
Tesla’s dreams of operating a fully autonomous ride-hailing platform just took a massive step toward reality, as two separate events have indicated the company is perhaps closer than ever to achieving self-driving as a product.
On Thursday, Tesla was granted authorization by the State of Texas to operate driverless vehicles in a commercial manner. On May 28, Senate Bill 2807, passed by the 89th Texas Legislature, took effect after being passed back on September 1, 2025.
The bill establishes a statewide regulatory framework requiring authorization from the Texas Department of Motor Vehicles for companies to operate automated vehicles commercially on Texas roads.
This covers driverless, or SAE Level 4+, operations for passenger transport, meaning Robotaxi, or freight.
Tesla and other companies can self-certify their vehicles and tech as long as they:
- Operate in compliance with Texas traffic laws
- Maintain proper registration, title, and insurance
- Use compliant automated driving systems
- Record onboard activity and handle system failures and glitches safely.
The new authorization, which was first reported by James Stephenson on X, allows companies to utilize their own processes to determine if their vehicles are ready to operate without drivers.
🚨BREAKING:
Tesla has been authorized by the State of Texas to operate driverless vehicles commercially under the new law that took effect today, May 28th, 2026. Tesla has officially self-certified the software running on its robotaxis as Level 4. $TSLA pic.twitter.com/KSJdsvlaW5— James Stephenson (@ICannot_Enough) May 28, 2026
It is a rule that expedites the entire approval process, keeping agencies out of a usually long, lengthy, and frustrating task that is essential to technological advancements. It essentially means Tesla can launch commercial Robotaxi operations at this point.
On the very same day, Tesla continued the momentum as CEO Elon Musk shared a video of Cybercab units autonomously driving off the property at Gigafactory Texas. This is a major step in the story of the Cybercab.
Mass production of the Cybercab started at Giga Texas in April, and it is already heading out of the factory on its own.
Cybercab driving itself out of the GigaTexas factory pic.twitter.com/EwAMVVDjYy
— Elon Musk (@elonmusk) May 28, 2026
These two major events mark a drastic step forward in Tesla’s progress toward Cybercab and the permissions it needs to operate a self-driving ride-hailing service. Tesla is now able to operate autonomously under Texas law by self-certifying, and with the potentially imminent rollout of Cybercab, Tesla’s autonomous dreams are starting to take serious shape.
Elon Musk
The Tesla and SpaceX merger everyone is talking about is quietly building
Tesla and SpaceX may be closer to merging than Wall Street or either company is admitting.
Elon Musk has reportedly discussed merging Tesla and SpaceX with people close to him, according to CNBC, which cited sources familiar with the conversation. Tesla employees have long expected such a transaction and the topic is openly discussed internally, according to internal sources. With SpaceX is days away from kicking off its Wall Street roadshow for what could be the largest IPO in market history, this would be the first time the company will have public market currency to execute a stock-for-stock deal with Tesla.
The financial logic for a merger would make sense. A combined SpaceX and Tesla would create a conglomerate spanning rockets, satellites, electric vehicles, AI infrastructure, and energy storage valued at roughly $3.35 trillion to $3.6 trillion based on SpaceX’s IPO target range and Tesla’s current market capitalization. The two companies are already more intertwined than most people realize. SpaceX bought $697 million worth of Tesla Megapack systems for xAI data centers and $131 million worth of Cybertrucks. Tesla invested $2 billion in xAI, which subsequently merged with SpaceX. Past transactions also include Tesla selling solar equipment and parts to SpaceX, and SpaceX helping with Cybertruck materials.
Will Tesla join the fold? Predicting a triple merger with SpaceX and xAI
Musk himself signaled where this was heading in November 2025 when he posted on X, “My companies are, surprisingly in some ways, trending towards convergence.” Tesla and SpaceX announced a joint semiconductor fabrication facility in Austin called Terafab on the Gigafactory Texas campus, covering two advanced chip factories, with one serving Tesla’s AI needs for vehicles and Optimus robots, the other targeting space-based data centers under SpaceX’s infrastructure vision.
Wedbush analyst Dan Ives places the probability of a merger at 80% to 90% with a target completion in the first half of 2027. The mechanics of a deal became possible the moment SpaceX filed its S-1. Legal experts said a merger likely would not spark antitrust issues but would raise concerns among shareholders in each company, with questions around which company would be the parent, how a stock swap would take place, and who determines the appropriate price. Musk holds about 20% of Tesla’s equity but controls 85.1% of SpaceX’s voting power through a super-voting share class, meaning he would largely be negotiating the terms with himself.
Not everyone is convinced the timing is imminent. Traders on Kalshi place only 33% odds that a merger will happen before May 2027. The more immediate concern for Tesla shareholders is whether the SpaceX IPO pulls capital and Musk’s attention away from Tesla before any merger consolidates the upside for both.
What is clear is that the structural groundwork is already being laid. The Terafab announcement, the xAI merger, the shared supply chain, the cross-company balance sheet transactions, and now the IPO all point in the same direction. Whether the merger follows in 2027 or later, the two companies are already operating more like divisions of a single entity than independent competitors.
Elon Musk strikes down reports on SpaceX IPO rumors
Tesla’s Robotaxi dreams just took a massive step toward reality
