News
SpaceX ships another huge propellant tank to South Texas BFR test site
Captured by NASASpaceflight.com forum user “bocachicagal”, the second of several massive liquid methane tanks has arrived at SpaceX’s prospective Boca Chica, Texas facilities, to be dedicated to integrated testing of BFR’s spaceship/upper stage.
If there was any doubt beforehand, the arrival of a second ~100,000 gallon vacuum-insulated tank all but guarantees that SpaceX is planning a major campaign of BFR spaceship testing in South Texas – with as much as 200,000 gallons of storage capacity in those two tanks alone, SpaceX could easily top off two Falcon 9’s with liquid oxygen and still have more than 100 tons left over.
Per NASASpaceflight.com’s forums, it appears that this newest tank arrived at the site sometime yesterday or the day before. Thanks to the fundamental properties of BFR’s planned liquid methane and oxygen fuel and oxidizer, aspects of basic ground support infrastructure may actually be a significant improvement over Falcon 9’s refined kerosene (RP-1) and liquid oxygen, and dramatically superior (at least in a logistical and practical sense) to hydrogen/oxygen, a popular choice for many rockets.
In terms of volume and density, oxygen is about 2.5x denser than methane but optimally combusts at a ratio of roughly 3.5 parts oxygen to 1 part methane (3.5:1), with SpaceX likely to operate the Raptor engine closer to 3.8:1. This means that – despite their major density differences – BFR’s oxygen and methane tanks will ultimately end up very similarly sized to hold ~230t of liquid methane and ~860t of liquid oxygen (2017 BFR numbers).
Testing giant rockets: it’s not easy
As it relates to SpaceX’s South Texas propellant infrastructure, this likely means that a minimum of four large vacuum-insulated tanks will be needed to fully fuel a BFR spaceship (BFS), two for oxygen (~800t) and two for methane (~300t). Depending on how SpaceX has structured its BFR infrastructure acquisitions, the two large tanks now present in Boca Chica could be more than enough to support a wide range of spaceship hop tests. A full load of fuel is almost certainly unnecessary – if not outright implausible – for BFS hop testing: with a full load of ~1100t of fuel and the spaceship’s total mass around ~1250t, all seven planned Raptor engines would need to be installed and operating near full thrust (~1400t, 14,000 kN) to lift the ship off the ground.
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- F9R seen just before liftoff for a 2014 hop test at SpaceX’s McGregor, TX test facilities. BFR’s first test pad might (or might not) look quite similar. (SpaceX)
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- An updated spaceship lands on Mars. (SpaceX)
For context, Falcon 9’s first stage produces a maximum thrust of roughly 7,600 kN at liftoff, while Falcon Heavy triples that figure to ~22,800 kN. The spaceship/upper stage of BFR alone thus produces nearly two times as much thrust as an entire Falcon 9 at full throttle and as much as fourteen times as much thrust as Falcon 9 and Heavy’s upper stage, statistics that properly illustrate just how extraordinarily powerful BFR is when compared with the rockets SpaceX currently operates. BFR’s booster (BFB) is even wilder, featuring ~3.5 times as many Raptors and thus ~3.5 times as much thrust as the spaceship/upper stage.
As a result of the sheer power of just the spaceship alone, SpaceX may have to move directly to a style of launch pad closer to that used by Falcon 9 and Heavy rather than the spartan concrete slab used for Falcon 9’s Grasshopper testing. In this case, the rocket would be mounted some distance from the ground to minimize acoustic loads on the vehicle’s after and would likely include a water deluge system to further deaden thermal and acoustic energy while also minimizing damage to the concrete and metal structures that launch and landing pads are built out of.
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- Prior to liftoff, Falcon 9 and Falcon Heavy are held down by massive “hold-down clamps” at the rocket’s base. Even after engine ignition, those clamps only release once the flight computer decides that the rocket is healthy. (Pauline Acalin)
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- Falcon 9 B1049 lifts off from SpaceX’s LC-40 pad on September 10, producing more than 1.7 million pounds of thrust.(Tom Cross)
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- A September 2018 render of Starship (then BFS) shows one of the vehicle’s two hinged wings/fins/legs. (SpaceX)
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- BFR’s booster is at least three times more powerful still than BFS at liftoff. (SpaceX)
Above all else, the presence of not one but two huge ~100,000-gallon vacuum-insulated tanks at SpaceX’s Boca Chica facilities all but guarantees that the company intends to situate a serious campaign of BFR tests there, likely including the integrated spaceship hop tests both Elon Musk and Gwynne Shotwell have explicitly mentioned in recent months. Put simply, SpaceX has no other reason to be bringing massive cryogenic propellant tanks to South Texas – the company has plenty of space at any one of its three large launch complexes (not to mention McGregor) if it wanted to store those tanks elsewhere, and those three facilities already have operational propellant storage and loading infrastructure for Falcon 9 and Heavy launches.
If more massive tanks continue to arrive or if it becomes clear that the two similar tanks present or solely meant for LOX or methane, the scale of SpaceX’s intentions in South Texas will become increasingly clearer.
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Elon Musk
SpaceX (SPCX) IPO is live today at $135: Here’s exactly what you need to know
SpaceX priced its historic IPO at $135 per share today, raising a record $75 billion.
SpaceX officially priced its initial public offering at $135 per share, offering 555,555,555 shares of Class A common stock and raising $75 billion in what is the largest IPO in stock market history. Shares are set to begin trading on the Nasdaq Global Select Market on Friday, June 12, under the ticker symbol SPCX. The previous record holder was Saudi Aramco’s 2019 offering at $29 billion, followed by Alibaba’s $22 billion offering in 2014.
At $135 per share and roughly 555.6 million shares, the implied valuation sits near $1.75 trillion, which would make SpaceX roughly the seventh largest company in the United States, just above Tesla’s current market cap. Regular investors can request shares at the IPO price through Robinhood, Fidelity, Charles Schwab, SoFi, and E*TRADE, though the deal is heavily oversubscribed and most retail allocations will be partial or unfilled. Once trading opens June 12, anyone with a brokerage account can buy SPCX on the open market.
SpaceX’s amended S-1 is sparking a major Tesla merger conversation
The valuation is anchored primarily by Starlink. Starlink crossed 10 million subscribers as of February 2026 and is adding 750,000 to 1.5 million new users per month, with the connectivity segment already posting a $1.19 billion profit last quarter. The offering also bundles in xAI following SpaceX’s all-stock merger earlier this year, adding Grok and the Colossus supercomputer to the investment thesis. As Teslarati reported, Starlink ended 2025 with $10 billion in revenue, a figure analysts project could reach $24 billion by end of 2026.
Wedbush analyst Dan Ives has been vocal in his support. “I think the time is right,” Ives said, adding that the offering expands the Elon Musk ecosystem rather than competing with Tesla. An average 12-month price target of $165 per share represents roughly 22% upside from the IPO price. Not everyone agrees – Motley Fool noted xAI is spending $1 billion per month playing catch-up to OpenAI and Anthropic.
Musk founded SpaceX in 2002 with a single stated purpose. “Elon founded SpaceX with a goal to change humanity, to make us a multi-planet species,” CFO Bret Johnsen said in the company’s retail roadshow video this week. Musk himself has been more direct: “We are building the systems and technologies necessary to provide global connectivity on Earth and beyond, to understand the true nature of the universe, and to extend the light of consciousness to the stars.”
Investor's Corner
Tesla unfolded its first European “folding Supercharger”
Tesla’s folding Supercharger just arrived in Europe and it changes how fast charging expands.
Tesla’s Folding Unit Supercharger has officially landed in Europe, with the company teasing a new installation in its effort for a broader rollout targeting major motorway rest stops across the European continent in Q3 2026. The arrival marks a notable shift in how Tesla is thinking about network expansion, moving from hardware performance alone to engineering the logistics chain itself.
While Tesla did not reveal the exact location for the new folding Supercharger in Europe, the photo shared on X heavily suggests that this maybe somewhere in Norway. Historically, whenever Tesla rolls out an entirely new infrastructure architecture in Europe, whether it was the original Supercharger stalls years ago or these brand-new modular V4 “Folding Units”, Norway is almost always the designated launch pad because of its unmatched EV adoption rate and supportive infrastructure
The Folding Unit, introduced in March 2026, is a factory pre-assembled V4 charging station built on an industrial hinge system mounted to a heavy-duty concrete base. The entire assembly arrives on site ready to unfold and connect. Tesla confirmed the units feature telescopic light poles specifically designed for easy transportation and fast on-site deployment, a detail that signals how carefully the logistics chain has been engineered alongside the hardware itself. The design allows 33% more stalls per delivery truck, cuts installation time roughly in half, and reduces overall deployment costs by more than 20% compared to traditional installations.
Tesla’s newest “Folding V4 Superchargers” are key to its most aggressive expansion yet
Tesla also noted telescopic light poles which provide benefits over traditional Supercharger installations that require fixed-height poles that are awkward to ship, slow to position on site, and often require separate crews and equipment to erect before charging hardware can even be staged. By engineering poles that compress for transit and extend on arrival, Tesla has removed one of the quieter bottlenecks in the physical deployment process. Every hour saved on a light pole installation is an hour redirected toward getting stalls energized. At scale, across dozens of new sites per quarter, those hours add up to a meaningful acceleration in how quickly a location goes from approved permit to serving its first customer.
Each Folding Unit pairs a single V4 power cabinet with eight charging posts. The V4 cabinet delivers up to 500 kW per stall for passenger vehicles and up to 1.2 MW for the Tesla Semi, supporting twice the stalls per cabinet at three times the power density of its predecessor. Longer cables make every new station immediately usable by non-Tesla vehicles, a priority as Tesla continues opening its network to Ford, GM, Rivian, Hyundai, Stellantis, and others.
As Teslarati reported when the Folding Unit was first unveiled, Tesla’s Gigafactory New York produced its final V3 Supercharger cabinet in March 2026 after more than seven years and 15,000 units, completing a full pivot to V4 production. The European arrival of the folding design is the next chapter in that transition.
Faster and cheaper deployment means Tesla can justify building in markets and corridors that were previously too expensive to serve, filling the coverage gaps that have slowed EV adoption outside major urban centers.
First Folding Unit Superchargers in Europe 🇪🇺 https://t.co/KNfYWJukkL pic.twitter.com/YR1udIpH1i
— Tesla Charging (@TeslaCharging) June 10, 2026
Tesla has stunned by gaining yet another approval for its Full Self-Driving suite in Europe, its second in two days and its fifth overall.
Belgium will be the latest country to allow Tesla owners to utilize FSD on public roads in Europe, joining a quickly growing list that started with the Netherlands, Lithuania, and Estonia.
On Tuesday, Denmark announced its approval of the FSD suite, which has now been followed by Belgium just one day later.
The country’s Minister of Mobility, Annick De Ridder, announced the approval on her X account, stating that she had just signed the approval of Tesla FSD. It now goes to the country’s homologation department for the last step of the approval process.
De @Tesla community houdt hier al geruime tijd de vinger aan de pols over de toelating voor de FSD-technologie op onze Vlaamse en Belgische wegen.
Uit waardering voor jullie niet-aflatende interesse (en aanmoediging 😉), krijgen jullie hierbij de primeur: ik heb net de toelating… pic.twitter.com/Yrps4OHTj8— Annick De Ridder (@AnnickDeRidder) June 10, 2026
The Belgian approval is one of mighty importance because it truly shows how quickly countries in Europe could greenlight the FSD suite consecutively. Approvals are already coming in relatively quickly, which is a great sign.
Perhaps the next big development that could come from FSD approvals in Europe is an approval from a country like England, Italy, France, Spain, or Germany. It would be something to see how FSD would perform in a major European metro, such as London, Barcelona, Madrid, Paris, Rome, or Berlin.
Getting Full Self-Driving in Spain and England will be such huge milestones for Tesla. I am so excited to see how FSD performs in Madrid, Barcelona, and London, specifically.
The ultimate test will always be Mumbai or New Delhi. Excited for India’s eventual approval! https://t.co/paw9Ch1qmL pic.twitter.com/9RdDERVSSJ
— TESLARATI (@Teslarati) June 9, 2026
Full Self-Driving does an excellent job of roaming around major U.S. cities like New York and Los Angeles, but other high-profile international cities of significance would truly mark a line in the sand for Tesla, which can simply enable any vehicle in its customer-owned fleet to run FSD with the correct approvals.
SpaceX (SPCX) IPO is live today at $135: Here’s exactly what you need to know
Tesla unfolded its first European “folding Supercharger”
