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SpaceX’s first orbital Starship prototype prepares for proof tests
Several days after SpaceX’s first orbital-class Starship prototype took a second trip to a nearby launch site, the rocket is on its way to one of two suborbital launch mounts.
Once installed on the steel structure, Starship prototype 20 (S20) will finally be ready for – at minimum – two crucial tests: a cryogenic proof and static fire. According to highway closures filed by SpaceX late last week, the first of those tests could apparently begin as early as Thursday, August 19th, potentially setting Starship S20 up to attempt at least one major milestone next week.
On August 13th, SpaceX rolled Starship S20 back to the launch site a week after the rocket was sent to the pad to be briefly stacked on top of a Super Heavy booster – an event that appears to have been something like 50% photo opportunity, 50% test objective. Neither the booster or ship were fully complete at the time and both ultimately required at least another week or two of outfitting and plumbing to be ready for ground testing – let alone flight. Aspirationally, the same pair – Ship 20 and Booster 4 – could be the first to attempt a true orbital Starship launch sometime later this year.
Since its second rollout, Ship 20 has more or less stayed in one place as workers continuously swarmed about the rocket on boom and scissor lifts. Over the last four days, not much has visually changed save for the installation of a handful of heat shield tiles, but the focus clearly centered around the Starship’s ‘raceway’ – a clutch of plumbing and wiring that runs most of the length of the vehicle’s back. Virtually all rockets have them and Starship is no different with a raceway packed with avionics wire runs, plumbing for propellant loading, and smaller lines for pressurization and hydraulics.
While it’s not entirely clear what specific work has been done over the last few days or why it wasn’t done back at the build site, where CEO Elon Musk himself has said such tasks are more easily done, it’s clear that Starship S20 does have a more refined raceway than any ship before it. In recent days, SpaceX has also begun to install structural elements that strongly imply that S20 will be the first Starship to receive a raceway aerocover – not unlike those on Falcon boosters – to protect its external wiring and plumbing in flight.

Regardless, once Starship S20 is installed on one of SpaceX’s two suborbital launch mounts, the vehicle will most likely be prepared for a routine cryogenic proof test. To pass, Starship will need to survive significant thermal and mechanical stress as its tanks are filled with supercool liquid nitrogen and pressurized to at least 6 bar (~90 psi). At this point, a Starship prototype hasn’t failed a cryo proof in more than a year, so the test should be fairly routine.
Curiously, after spending weeks modifying Mount B with a series of hydraulic rams meant to simulate the thrust of Ship 20’s six Raptor engines during its cryo proof(s), SpaceX removed all of that extra hardware just prior to the Starship’s second rollout and now-imminent installation on said mount. Regardless of why, that decision likely means that Starship S20 will move directly to static fire testing once it passes cryo proofing. Given that Ship 20 appears to be on track to be the first Starship prototype of any kind to fire more than three Raptors at a time, that static fire campaign will likely be somewhat cautious, possibly beginning with just 1-3 engines and then moving to four, five, or straight to six.
SpaceX could also throw caution to the wind (not implausible as evidenced by the removal of Pad B’s unused thrust rams) and install and attempt to fire all six Raptors immediately after Ship 20 completes a cryo proof. Based on road closures filed by SpaceX, that testing could begin as early as 5pm to 11pm CDT on Thursday, August 19th. A backup window is also scheduled from 6am to 12pm CDT on August 20th.
Elon Musk
Tesla CEO Elon Musk reminds everyone about Roadster’s true meaning
Tesla CEO Elon Musk took to his social media platform X on Sunday to remind everyone that the Roadster’s true meaning is not about company growth or adding dollars to shareholders’ pockets. Sometimes, you just do things because you can.
Following the Roadster’s epic unveiling event last Thursday, skeptics and critics of the company or the project itself came out to say that the vehicle is a pointless project because it is not geared toward growing the company, delivering supreme margins for profitability, nor does it contribute to the big picture of Artificial/Super Intelligence.
But that’s just the thing: Roadster is not meant to be some shareholder dream; it’s meant to be a vehicle that people buy just because it is something awesome, unique, and the first of its kind.
Tesla Roadster: Three configs, one can fly, 0-60 in 0.8 seconds
Musk had to remind those who are skeptical about the Roadster’s importance to the company mission that while it is not a major contributor to Tesla’s long-term goals, it is something that is being built just because it can be:
“Optimus and Cybercab will be the vast majority of Tesla’s value. The only things that will scale to incredible size (K2 and beyond) economically are super intelligence, robots, solar power, and mass to space. And, of course, if you have the first two, the rest will follow. But Roadster is super cool, so we’re doing it anyway.”
Musk has said on many occasions that Optimus would be the project that would make up the vast majority of Tesla’s value in the coming years.
Robotics will be a major focus of Tesla over the coming years, especially as Musk believes Optimus will enable work to be optional for humans and will enable what he calls “High Universal Income.”
Optimus and Cybercab will be the vast majority of Tesla’s value.
The only things that will scale to incredible size (K2 and beyond) economically are super intelligence, robots, solar power and mass to space.
And, of course, if you have the first two, the rest will follow.
But Roadster is super cool, so we’re doing it anyway.
— Elon Musk (@elonmusk) October 18, 2026
Cybercab will be a passive income opportunity for owners, Musk and Tesla have said for a very long time, as a fleet of self-driving vehicles will operate within a ride-hailing Robotaxi service that won’t require a human driver to be present.
Tesla investors are more than enthusiastic about the company’s future projects, at least from a general consensus perspective. However, it is important to note that the Roadster is a fun and cool project that pushes the boundaries of what people thought was possible for an automobile.
What we saw last week was the first true example of a flying car, and despite the backlash about how it might not contribute to Tesla’s grand ambitions, it’s okay to have fun sometimes, too.
Investor's Corner
SpaceX’s biggest earnings test yet lands Tuesday, and Tesla shareholders should be watching
SpaceX reports earnings Tuesday as Wall Street watches AI spending, Starlink growth and Tesla merger
SpaceX reports third quarter results after the market closes Tuesday, with a webcast at 4:30 p.m. ET streamed on X, and Tesla follows a day later. Bloomberg consensus, cited by Pepperstone, calls for revenue of $12.89 billion, adjusted EBITDA of $6.62 billion and adjusted EPS near $0.15. That would be about 65% growth from the second quarter and SpaceX’s first profitable quarter since its IPO. Analysts expect roughly $6.4 billion from AI and $4.9 billion from Starlink, which is projected to reach 14.3 million consumer subscribers. Capital spending is forecast at $19.6 billion, leaving free cash flow near negative $11.6 billion.
The numbers matter because SpaceX has spent months trying to win over a skeptical market. It priced its record IPO at $135, spiked to $225.64, then sank near $105 in early August. Friday’s close of $146.03 sits about 28% below the June high. The Q2 report beat on revenue at $7.8 billion and put Starlink at 12 million subscribers, but $18.4 billion of capex hurt the stock. Since then SpaceX reached orbit on Starship Flight 14 with 26 Starlink V3 satellites, agreed to buy 800 MHz spectrum for about $8 billion as part of its Starlink Mobile push, and signed a fourth compute hosting deal in four months worth roughly $13 billion a year from December. Management is targeting more than 2 gigawatts of compute by year end and a $100 billion annualized revenue run rate. Evercore ISI, which raised its target to $275, said the quarter may be judged more on those targets than the reported figures
All of this sits under the Tesla merger question. Barclays analyst Dan Levy expects an all stock deal in which SpaceX buys Tesla at a premium, using reference values of $2.1 trillion and $1.5 trillion, and said an announcement would need to come by late October or early November to be voted on at Tesla’s December 6 annual meeting. Barclays estimates Musk would hold about 37% of the combined company and 56% of the votes. Musk said in July that combining companies cannot be discussed on an earnings call, but an investor question asking when SpaceX will merge with Tesla is sitting on SpaceX’s Q&A platform, and Teslarati has tracked how the Roadster demo revived the talk.
If a deal happens, Tuesday’s result would effectively set the price Tesla holders would receive. Their shares would convert into SpaceX stock, along with exposure to a company with a heavy investment on AI, while Tesla itself expects 2026 capex above $25 billion. A strong quarter and calmer spending would make that exchange easier to sell. Another round of heavy capex and a falling stock would make it harder.
News
SpaceX’s Gwynne Shotwell just made a quiet gesture toward Tesla
SpaceX president Gwynne Shotwell quietly followed Tesla on X, and merger watchers noticed right away.
SpaceX President and COO Gwynne Shotwell has started following Tesla’s official account on X, a small change that landed in the middle of a very loud merger conversation. Whole Mars Catalog joked about it on Sunday.
A follow is not an announcement, and neither company has said anything about a deal. What gives the moment weight is the timing. Barclays analyst Dan Levy has told clients that an agreement could come before Tesla’s annual meeting, which must be held by December 6, with SpaceX as the buyer in an all stock deal, as we reported after the Roadster unveiling. Wedbush’s Dan Ives has stuck with a 2027 timeline.
“Shit, I better start following their X account if i’m gonna be helping run the company”
— Whole Mars Catalog (@wholemars) October 18, 2026
Shotwell is the executive most worth watching if the two companies do move closer. When Musk was asked at the All In Summit why Tesla and SpaceX remain separate, Shotwell sat next to him and said SpaceX personnel had already moved into xAI to fill leadership and engineering gaps. The businesses were integrating “faster than I thought,” she said, though “not fully integrated yet.” Her responsibilities have also grown since SpaceX absorbed xAI, and she now oversees operations that include Grok and the company’s AI compute buildout.
The financial links are already there. Tesla’s $2 billion xAI investment turned into a stake of less than one percent in SpaceX, the two share the Terafab chip project in Austin, and Musk exercised his 2018 Tesla options a week after SpaceX began trading, a sequence analysts flagged as giving SpaceX public shares to use in a deal. Musk holds about 20 percent of Tesla and controls 85.1 percent of SpaceX’s voting power, according to our earlier breakdown.
The next test is close at hand. SpaceX reports its second earnings as a public company on Tuesday after the close, and Tesla follows on Wednesday. Musk told analysts in July that “we can’t talk about combining companies and that kind of thing on an earnings call,” so a direct answer is unlikely from either stage. Tesla shareholders can still submit and vote on questions through the Say portal until 4 p.m. EDT on Monday, and the merger is a recurring theme in the queue.