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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 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
