News
SpaceX sets stage for Starship booster’s first 33-engine static fire
SpaceX has set the stage for a record-breaking Starship booster static fire after the rocket completed a complex fueling test and launch rehearsal earlier this week.
On January 25th, a tower the size of a skyscraper activated a pair of giant mechanical arms to disassemble the largest rocket ever built. The arms carefully grabbed Starship using hard points under its flaps and lifted the 50-meter-tall second stage and spacecraft off of Super Heavy Booster 7. Nicknamed Mechazilla, the robot lowered the hundred-ton (~220,000+ lbs) vehicle hundreds of feet onto a waiting stand and eventually let go. On January 26th, SpaceX transported Ship 24 back to its Starbase, Texas factory for finishing touches.
Booster 7 remained installed on Starbase’s donut-shaped orbital launch mount, which uses clamps and umbilicals to hold Starship in place and power, fuel, and pressurize Super Heavy. In theory, the next time Booster 7 leaves that launch mount, it will do so under its own power. But first, SpaceX must ensure that that unprecedented power can be controlled (and survived).
The update that's rolling out to the fleet makes full use of the front and rear steering travel to minimize turning circle. In this case a reduction of 1.6 feet just over the air— Wes (@wmorrill3) April 16, 2024
This, unfortunately, is far from the first iteration of this story. SpaceX has been seemingly close to the milestone at many points over the last year and a half. In September 2021, for example, CEO Elon Musk reported that Super Heavy Booster 4 would attempt the first static fire on Starbase’s orbital launch mount later that month. Eleven months later, Super Heavy Booster 7 gave the OLM its inaugural static fire test – albeit with just one of its 33 engines.
In the months following that static fire, Booster 7 completed another single-engine test, a two-engine test, a seven-engine test, a fourteen-engine test, and a long-duration eleven-engine test. All of that slow and steady testing has been fairly successful and caused no major damage to the rocket or pad. But five months after it began, SpaceX has never ignited more than 14 – 42% – of Super Heavy’s 33 Raptor engines at once. That must change before SpaceX can gain enough confidence in Starship for (and convince the FAA to license) an orbital launch attempt.
During Super Heavy B7’s 14-engine static fire, the booster could have produced up to 3220 tons (7.1 million pounds) of thrust. When it ignites all 33 available engines for the first time, its maximum thrust could leap to 7590 tons (16.7 million pounds), beating the next most powerful rocket in history – the Soviet N1 – by nearly 60%. In other words, SpaceX will be attempting something unprecedented in rocketry. Success is far from guaranteed and the worst possible failure mode could almost entirely destroy Starship’s only finished orbital launch site, explaining SpaceX’s unusual caution.
On January 23rd, Ship 24 and Booster 7 completed Starship’s first full wet dress rehearsal (a fueling and launch rehearsal test) on the first try – an extremely impressive achievement for any rocket, let alone the largest in history. With that combined test out of the way, the only unprecedented test standing between Starship and its first orbital launch attempt is a 33-engine Super Heavy static fire.
To reduce risk, Ship 24 was removed from Booster 7. Back at the factory, SpaceX needs to close a few gaps left in its heat shield, and will likely also conduct careful inspections to ensure that the Starship is ready for flight. Unburdened of Ship 24, Booster 7 may finally be on the cusp of the most challenging ground test in Starship and SpaceX history. SpaceX has scheduled 12-hour road closures that could be used for that purpose as early as January 30th, 31st, and February 1st.
Those road closures could be used for Ship 25 static fire testing instead of or in addition to Booster 7. The Super Heavy is also missing an important hydraulic power unit (HPU) that was removed before the wet dress rehearsal. It’s unclear if static fire testing can be conducted without that HPU (one of two), why it was removed, or how long replacing it will take, adding more uncertainty. Nonetheless, it still appears that SpaceX is no more than a few weeks away from Starship’s first 33-engine static fire attempt.
Investor's Corner
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
Tesla short seller Michael Burry, the subject of the film “The Big Short,” where he was portrayed by Steve Carell, has revealed he has opened a new bet against the stock.
In a new update to his Substack newsletter in a post titled “Trading Post June 30, 2026,” Burry revealed a new set of bets against Tesla, Caterpillar, NVIDIA, Applied Materials Inc., and the iShares Semiconductor ETF.
In regard to Tesla, Burry wrote:
“And finally I shorted Tesla at 416.22. Happy it jumped back to this level.”
This means Burry likely opened his new short position after the company’s recent rally on Wall Street, which saw Tesla shares sink in mid-May, only to recover to well over the $400 mark. Currently, shares trade at around $427.
The company saw a big Tuesday as shares climbed considerably, over 10 percent. The size of the Tesla short was not provided, nor did Burry give any information on the position’s structure, the number of shares, dollar value, or whether options were used in the short.
The Tesla and SpaceX merger everyone is talking about is quietly building
Over the years, Burry has been one of the more vocal critics of Tesla, calling its share price “media inflated,” and saying it was “ridiculously overvalued” as recently as December.
The company has largely transitioned away from being known as an automotive company and instead is much more widely regarded as an AI play, mostly due to its Full Self-Driving efforts, Optimus robot development, and data collection related to both.
This has not pulled those skeptics away from being vocal about their distaste for how Tesla is valued, but there’s no denying that the company is a global force in many things, including sustainable energy, automotive, and AI.
Wedbush Securities is initiating stock coverage on SpaceX (NASDAQ: SPCX), marking the first comments on the company since it went public several weeks ago. Wedbush and its analyst handling coverage, Dan Ives, are widely bullish on fellow Musk company Tesla (NASDAQ: TSLA).
Ives wrote his first note initiating coverage of SpaceX shares on Wednesday with a $190 price target and an ‘Outperform’ rating. The firm believes the company is well positioned off of its IPO because of its wide array of projects, including AI compute power and infrastructure, connectivity projects, and launches.
“We view SpaceX as one of the most differentiated assets within the tech market with a strong footprint across its three core markets, with Starlink driving success with connectivity,” Ives wrote, “Starship launches leading to a demand flywheel and increasing deal flow for its Colossus clusters.”
Elon Musk called it Epic: The full story of SpaceX’s Starship Flight 12
Wedbush leans heavily on Starlink, which they say is the “profitability driver given the strength of its recurring revenue base of ~12 million subscribers as of June 5th.” Ives believes Starlink is still in the “early innings” of penetrating the global telecommunications and broadband market, as it only holds less than a 1 percent share. However, this number is sure to increase over time.
It also highlights the importance of Starship, which it says is an “essential layer” of SpaceX’s overall success. SpaceX developing and displaying the ability to reuse rockets is a major cost and reliability advantage “as it reduces the necessary hardware launch costs while generating a feedback loop for future flights to improve their launch flight rate without accelerating capex spend.”
Finally, SpaceX’s recent AI/Compute projects are also very elementary, Ives writes. It is worth mentioning Wedbush said its $190 price target is derived from a valuation forecast that sees the company yielding roughly $2.48 trillion of implied enterprise value.
There are also some factors that Wedbush did not take into account with its initial coverage. The firm wrote in the note:
“We note that there is optional value coming from Starship’s accelerating scale towards sub-$200/kg unit economics, orbital data centers, and enterprise AI monetization as these factors could drive meaningful upside but these face major hurdles, so we do not take that into account with our valuation.”
SpaceX shares are down just over 2 percent today, trading at around $167 at the time of publication.
Tesla has expanded the footprint of a massive safety feature worldwide with a recent Software Update labeled as 2026.20.6. The expansion of the “Blind Spot Warning While Parked” feature represents the more widespread availability of the feature, which aims to prevent “dooring.”
Dooring is when a driver or passenger opens a car door into the path of an oncoming road user, usually a cyclist or motorcyclist. It is among the most common types of cycling accidents, the League of American Bicyclists says.
For this reason, Tesla created a feature that warns occupants not to open the door because an object is approaching. The feature will sound a chime, and it will also delay the opening of the door to prevent an incident.
The release notes state (via Not a Tesla App):
“If you attempt to open a door while an approaching object is detected in your blind spot (for example, a bicyclist approaching from behind) a chime sounds, and your door will not open upon initial button press. Wait a short time and press the button a second time to override the warning.”
Tesla initially rolled out this feature back in 2024 with the Model 3 “Highland.” However, it remained with the Model 3 exclusively for over a year; that was until Tesla added it to the Cybertruck this past Spring.
Now, it is making its way to the new Model Y, 2021 and newer Model S, and 2021 or newer Model X.
The prevention of dooring incidents could eliminate many injuries to cyclists, especially in an urban setting. Dooring accounts for 10-20 percent of bike-related crashes in major cities, and over 17,000 dooring-related incidents were treated in the U.S. over the course of a decade. These usually involve fractures, contusions, and head trauma.
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
SpaceX gets initial stock coverage from Tesla’s biggest bull
