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SpaceX aborts Starship launch after Raptors produce too much thrust
Update #3: SpaceX CEO Elon Musk says that Starship prototype SN10 automatically aborted a 2:15 pm CST (UTC-6) launch attempt after the rocket determined that its three Raptor engines were producing too much thrust.
Instead of scrubbing for the day, Musk says that SpaceX will instead increase the flight computer’s thrust limits and try again as early as 4:30 pm CST – still well before today’s window closes at 6:30 pm. SpaceX ended its webcast but will start a second webcast a few minutes prior to the next launch attempt.
Update #2: As of Wednesday morning, SpaceX has officially confirmed that Starship is on track for a third high-altitude launch and ‘bellyflop‘-style landing attempt sometime later today.
As of 11am CST (UTC-6), FAA approval is in hand, weather is encouraging, Starship prototype serial number 10’s (SN10) flaps have been unchained, and SpaceX has cleared the launch site – all signs that the rocket’s launch attempt is imminent. Much like SN8 and SN9 coverage, SpaceX says it will make a public livestream of SN10’s launch available to the public “a few minutes” before liftoff. Stay tuned and follow along with NASASpaceflight’s live coverage in the meantime.
Update: SpaceX has asked Boca Chica Village residents to prepare to evacuate the area as early as Wednesday morning for Starship’s third high-altitude launch and landing attempt.
The odds of things going so wrong that a Starship launch could actually end with a prototype impacting at or near the Village and the handful of non-employee holdouts still residing there are minuscule. However, FAA safety regulations and SpaceX’s contingent launch license mean that evacuations are now a routine part of Starship’s high-altitude flight tests since Starship SN8 took the first step beyond short hops. While undeniably inconvenient for the few remaining residents, today’s evacuation notice – short of an official SpaceX.com confirmation – does serve as the ultimate sign that Starship SN10’s first launch attempt is firmly scheduled on Wednesday, March 3rd.
With FAA approval in hand, weather rapidly improving, and the latest rocket prototype seemingly raring to go, the stars are aligning for SpaceX’s third high-altitude Starship launch and first triple-engine landing attempt.
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As of March 1st, publicly-available FAA “temporary flight restrictions” (TFRs) and weather forecasts both agree that SpaceX is currently preparing to launch Starship serial number 10 (SN10) as early as Wednesday afternoon CST (UTC-6), March 3rd. Barring surprises, that gives SpaceX a healthy three-day period to account for any potential technical or weather-related delays.
Originally scheduled as early as the last week of February, unspecified delays pushed Starship SN10’s launch debut schedule into March. In general, the vehicle’s path to flight has been much smoother than Starship SN8 and SN9, both of which ran into hardware bugs and opaque FAA licensing issues. With Starship SN10, the FAA approved SpaceX’s “modified” launch license well before the company was ready for flight – and even before the rocket had attempted its first static fire.
Unlike Starships SN8 and SN9, both of which took anywhere from 6-10 weeks to go from rolling off the factory floor to preparing for their first launch attempts, SN10’s first launch attempt appears likely to occur less than five weeks after the rocket arrived at the launch site. The sequential improvements in efficiency and reliability between those three prototypes is a fundamental part (or goal, at least) of SpaceX’s iterative development process.
Still, Starship SN10’s preflight flow wasn’t completely free of drama and SpaceX ultimately put the rocket through a second triple-Raptor static fire after the first test revealed an issue with one of those engines. SpaceX swapped that faulty engine out in record time and fired up SN10 again less than 48 hours after test #1, seemingly producing more satisfactory results the second time around.
Unlike its predecessors, SN10 will also debut a new triple-engine approach to landing, aiming to increase redundancy and boost the odds of a successful touchdown even if one of the Starship’s three Raptors fail during a last-second flip maneuver. Building on the failures of SN8 and SN9, it’s safe to say that SN10 has the best shot yet at sticking the landing.
TFRs show that two earlier launch windows on Monday and Tuesday (March 1st and 2nd) were canceled, leaving only the Wednesday, March 3rd airspace closure request still open. Wednesday was then backed up with two alternate windows on Thursday and Friday not long after.
Hardware-wise, Starship SN10’s cherry-on-top (an explosives-based flight termination system or FTS) was installed on February 28th. In the event that Starship loses control and strays past a certain point outside of its approved trajectory, that FTS would explode, breaching the rocket’s propellant tank, triggering vehicle breakup, and thus preventing it from harming the local populace. All told, SpaceX confirmation of a Wednesday launch attempt – and another official webcast – should be imminent. Stay tuned!
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Investor's Corner
SpaceX and Nvidia team up on Musk’s orbital AI bet
SpaceX revealed a new Nvidia satellite partnership, then Musk pledged an exclusive Nvidia hardware commitment.
SpaceX and Nvidia are now working together on the hardware that will power Musk’s orbital data center ambitions. SpaceX announced on X on Tuesday that it is partnering with Nvidia to design the compute payload for Starmind AI1, the first satellite in a planned constellation built to run AI workloads directly in orbit. Each Starmind satellite will carry Nvidia’s Rubin GPUs and Vera CPUs, according to the post, which included renderings of the payload design.
The announcement landed hours before SpaceX’s first earnings call as a public company, where Musk went further, saying the company has committed to building its AI infrastructure exclusively on Nvidia hardware. “We think the Vera Rubin architecture is the best architecture. We think it’s the best AI computer, and we greatly value our close cooperation and partnership on many levels with Nvidia,” Musk told investors on the call,. “So we’re exclusive to Nvidia.”
Musk said SpaceX plans to deploy Nvidia’s Vera Rubin NVL72 rackscale system, codenamed Kyber, both on the ground and in space. He set a target of 2 gigawatts of compute capacity online by the end of this year, scaling to roughly 10 gigawatts by the end of 2027.
SpaceX’s newest Starmind will make earth data centers obsolete
Starmind has been in development since Musk confirmed the name in June, following an xAI trademark filing that tipped off the project before SpaceX made it official. The idea is massive in scope and instead of moving data down to ground based servers, satellites equipped with onboard processors and large solar arrays would compute AI workloads in orbit and beam results back to Earth. SpaceX has already filed with the FCC for a constellation of up to one million satellites to support the effort, citing constant solar power and the absence of zoning restrictions as advantages over terrestrial data centers.
The Nvidia exclusivity marks a shift in tone from just two weeks ago, when Musk was busy knocking down a report that SpaceX had ordered $52 billion worth of Nvidia GPUs through Foxconn, calling it fake news at the time. The dollar figure in that rumor may have been wrong, but the underlying direction seems correct. SpaceX’s AI division already leases Colossus compute capacity to Anthropic and Google, and Tuesday’s earnings report showed AI revenue climbing sharply as those deals ramp up.
Nvidia shares rose roughly 3% in Tuesday trading on the news, while SpaceX stock climbed nearly 9% during the day before giving back gains after hours as investors digested the earnings report’s capital spending figures.
SpaceX (NASDAQ: SPCX) reported a beat in revenues and EBITDA in its first earnings call report while also minimizing losses as its business continues to gain momentum.
After its IPO in July, SpaceX saw some tough losses on Wall Street due to a major selloff after a delay in its 13th Starship test flight. The ship launched later that week and completed what was arguably the most successful IFT operation in the Starship program’s history.
Nevertheless, the company is continuing on and reported some encouraging financials while also promoting what appears to be a robust outlook moving forward in its Space, AI, and Connectivity divisions.
SpaceX to report first-ever earnings today: here’s what to expect
Earnings Results
- Revenues: $7.8 billion reported vs. $6.7 billion expected
- Adjusted EBITDA: $3.5 billion vs. $2 billion expected
- Net loss of $541 million, an improvement of $467 million from net loss of $1.0 billion
Additionally, CFO Bret Johnsen had these comments:
“2026 has been a momentous year so far, and the second quarter demonstrated the true power of SpaceX. Revenue growth accelerated across all our business segments and we delivered strong operating leverage, with significant margin expansion led by our new AI compute agreements. Our unparalleled leadership in launch, Starlink subscriber growth, new enterprise and government partnerships, and best-in-class AI infrastructure underscore our ability to drive meaningful scale and deliver attractive returns. As a newly public company, we are delighted to welcome our broad base of shareholders and bondholders. We ended the second quarter with $100 billion of cash, cash equivalents, and marketable securities, and $47.5 billion in backlog. This financial strength gives us substantial capacity to invest in Starship, Starlink Broadband and Mobile satellites, and our AI platform, while maintaining a disciplined long-term capital allocation framework.”
Space Business Highlights
SpaceX shared some of its biggest Space Business Highlights for Q2:
- Space revenues grew 55% sequentially and 29% year-over-year to $962 million, driven by a higher number of large customer launches and a favorable customer shift compared to the prior year
- Total costs and expenses for the Space segment were up by $389 million year-over-year, as we continued to accelerate R&D investments in our Starship program, which we believe will reduce the cost to orbit by 99% or more relative to the historical average, and unlock significant revenue potential across all business segments
- Leading launch provider for the world with 78 launches and 1,041 metric tons of mass to orbit deployed over the six months ended June 30, 2026, primarily allocated to Connectivity for the deployment of our Starlink constellation
- Starship V3 development continued to advance towards full and rapid reusability:
- Completed Starship V3’s first suborbital mission in May, Flight 12, which achieved a successful lift off from our new Starbase pad, a precision landing of Starship’s upper stage, and deployment of modified V2 Starlink satellites
- Subsequent to the second quarter, completed Starship Flight 13 in July, which achieved all flight objectives including deploying 20 production V3 satellites, demonstrating in-space relight of a Raptor engine, and executing the softest ever splashdown of Starship, providing critical views of an intact heatshield
SpaceX will report its earnings today at 4:30 P.M. EDT.
Elon Musk issued a second pointed warning to SpaceX short sellers on Tuesday, just hours before the company was set to release its first quarterly earnings as a publicly traded firm. Responding to a report highlighting elevated short interest, Musk wrote on X: “I try to warn them, but they just double down …”
The comment came as data from S3 Partners showed roughly 95 percent of available SPCX shares to borrow were on loan, translating to about 34 percent short interest as a percentage of the float. The stock has traded under pressure since its record-breaking IPO in June 2026, declining significantly from early peaks.
I try to warn them, but they just double down … 🤷♂️
— Elon Musk (@elonmusk) August 4, 2026
This marks the second such message from Musk in under three weeks.
On July 17, amid post-IPO volatility, he stated: “The survival probability of firms who maintain a significant short position in SpaceX over time is very low.” At that time, SPCX had fallen roughly 30 percent from its peak above a $2.6 trillion valuation, with short sellers reportedly realizing gains of about $8.7 billion.
Musk’s warning aligned with optimistic analyses projecting that Starship-driven cost reductions could enable a multi-trillion-dollar space economy through applications such as orbital solar power, asteroid mining, data centers, and Mars-related projects, positioning SpaceX as critical infrastructure.
SpaceX is scheduled to report second-quarter results after the market close later today, followed by a webcast. Analysts anticipate revenue near $6.9 billion, reflecting growth in Starlink, launch services, and AI-related segments. The earnings release precedes a major lockup expiration on August 6 that could free hundreds of millions of insider shares.
Musk has a long track record of confronting short sellers, particularly regarding Tesla, where he has argued that persistent bearish positions underestimate transformative technologies. Critics view his optimism as overly ambitious given near-term stock fluctuations, while supporters see temporary dips as opportunities in a longer-term expansion of the space economy.
As SpaceX opens its books to public scrutiny for the first time, the high short interest and Musk’s repeated cautions set the stage for heightened market attention on the results and management’s commentary.
SpaceX and Nvidia team up on Musk’s orbital AI bet
SpaceX reports beat in first earnings while minimizing losses
