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SpaceX’s first orbital-class Starship ‘tank farm’ is almost finished
Roughly six months after the process began, SpaceX has installed the seventh and final custom-built propellant storage tank at Starbase’s first orbital-class Starship launch site.
Built out of the same factory and parts as the steel tanks that make up most of the two-stage Starship rocket’s structure, SpaceX completed the first two of those ‘ground support equipment (GSE)’ tanks in April and wasted no time installing both at Starbase’s orbital launch site (OLS). However, after a strong start, GSE tank work seemingly halted for several months and it wasn’t until August that SpaceX first enclosed one of the then three installed tanks with a sleeve designed to insulate their cryogenic contents. Since then, progress has picked back up and SpaceX has built and installed another three (for a total of six) storage tanks over the last two months.
That work effectively culminated on September 7th with the transport of the farm’s seventh and final GSE tank from build site to launch pad.
Unintuitively known as GSE-8 after SpaceX chose to scrap one of the original seven planned tanks earlier this year, the company wasted no time installing it shortly after its two-mile trip down the highway. GSE-8 is the second of two liquid methane (LCH4) tanks now installed at the orbital launch site and joins another three liquid oxygen (LOx) and two liquid nitrogen (LN2) tanks for a total of seven.
Combined, the OLS tank farm should be able to store more than 2400 tons of LCH4 and 4000 tons of LOx, as well as 2600+ tons of LN2 to be used for ‘subcooling’ (and thus densifying) that propellant well below its boiling point. Ultimately, that means that despite the massive scale of Starbase’s first orbital-class tank farm, it will still only hold enough propellant for a single orbital Starship launch and have to be almost fully restocked after each flight.
Given the logistical nightmare of arranging something like 100+ tanker trucks for each tank farm ‘refill,’ a process that could easily take a week or more on its own, it should come as no surprise that SpaceX is also building a dedicated liquid oxygen and nitrogen plant adjacent to its Starbase factory. On top of liquid natural gas (LNG) refinery and tenuous plans to potentially tap local natural gas wells, SpaceX is clearly well aware of the logistical challenges of regular Starship launches.
While there are no clear signs of the inevitable permitting and environmental reviews it would require, it’s likely that SpaceX will eventually create a brief above or below-ground cryogenic pipeline connecting its propellant factory to Starbase’s orbital launch site(s). If or when implemented, that would allow SpaceX to resupply its two planned orbital tank farms with minimal effort or human intervention beyond the process of producing the propellant.
For the time being, SpaceX will likely rely on a slow but simple parade of tanker trucks to gradually fill its first orbital tank farm. Before even that process is possible, though, SpaceX will need to finish plumbing GSE-8 and several other tanks, install the last two insulative ‘cryoshells,’ and finally fill the annuli between all seven tanks and their shells with an insulative foam-like material known as perlite. Dozens of bags of perlite and several kilns (used to expand the material into low density insulation) are already distributed around the orbital tank farm.
Meanwhile, SpaceX also continues to slowly fill the first two completed OLS tanks (nominally meant to hold LOx) with liquid nitrogen, serving both to test the tanks and pad plumbing and to clean their interiors for liquid oxygen service. Ultimately, while a good amount of work remains, Starbase’s first orbital-class tank farm could be fully ready to support its first Super Heavy booster proof and static fire test campaign just a few weeks from now.
Tesla stock (NASDAQ: TSLA) closed at an all-time high on Tuesday, jumping over 3 percent during the day and finishing at $489.88.
The price beats the previous record close, which was $479.86.
Shares have had a crazy year, dipping more than 40 percent from the start of the year. The stock then started to recover once again around late April, when its price started to climb back up from the low $200 level.
This week, Tesla started to climb toward its highest levels ever, as it was revealed on Sunday that the company was testing driverless Robotaxis in Austin. The spike in value pushed the company’s valuation to $1.63 trillion.
Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing
It is the seventh-most valuable company on the market currently, trailing Nvidia, Apple, Alphabet (Google), Microsoft, Amazon, and Meta.
Shares closed up $14.57 today, up over 3 percent.
The stock has gone through a lot this year, as previously mentioned. Shares tumbled in Q1 due to CEO Elon Musk’s involvement with the Department of Government Efficiency (DOGE), which pulled his attention away from his companies and left a major overhang on their valuations.
However, things started to rebound halfway through the year, and as the government started to phase out the $7,500 tax credit, demand spiked as consumers tried to take advantage of it.
Q3 deliveries were the highest in company history, and Tesla responded to the loss of the tax credit with the launch of the Model 3 and Model Y Standard.
Additionally, analysts have announced high expectations this week for the company on Wall Street as Robotaxi continues to be the focus. With autonomy within Tesla’s sights, things are moving in the direction of Robotaxi being a major catalyst for growth on the Street in the coming year.
Elon Musk
Tesla needs to come through on this one Robotaxi metric, analyst says
“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”
Tesla needs to come through on this one Robotaxi metric, Mark Delaney of Goldman Sachs says.
Tesla is in the process of rolling out its Robotaxi platform to areas outside of Austin and the California Bay Area. It has plans to launch in five additional cities, including Houston, Dallas, Miami, Las Vegas, and Phoenix.
However, the company’s expansion is not what the focus needs to be, according to Delaney. It’s the speed of deployment.
The analyst said:
“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”
Profitability will come as the Robotaxi fleet expands. Making that money will be dependent on when Tesla can initiate rides in more areas, giving more customers access to the program.
There are some additional things that the company needs to make happen ahead of the major Robotaxi expansion, one of those things is launching driverless rides in Austin, the first city in which it launched the program.
This week, Tesla started testing driverless Robotaxi rides in Austin, as two different Model Y units were spotted with no occupants, a huge step in the company’s plans for the ride-sharing platform.
Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing
CEO Elon Musk has been hoping to remove Safety Monitors from Robotaxis in Austin for several months, first mentioning the plan to have them out by the end of 2025 in September. He confirmed on Sunday that Tesla had officially removed vehicle occupants and started testing truly unsupervised rides.
Although Safety Monitors in Austin have been sitting in the passenger’s seat, they have still had the ability to override things in case of an emergency. After all, the ultimate goal was safety and avoiding any accidents or injuries.
Goldman Sachs reiterated its ‘Neutral’ rating and its $400 price target. Delaney said, “Tesla is making progress with its autonomous technology,” and recent developments make it evident that this is true.
Investor's Corner
Tesla gets bold Robotaxi prediction from Wall Street firm
Last week, Andrew Percoco took over Tesla analysis for Morgan Stanley from Adam Jonas, who covered the stock for years. Percoco seems to be less optimistic and bullish on Tesla shares, while still being fair and balanced in his analysis.
Tesla (NASDAQ: TSLA) received a bold Robotaxi prediction from Morgan Stanley, which anticipates a dramatic increase in the size of the company’s autonomous ride-hailing suite in the coming years.
Last week, Andrew Percoco took over Tesla analysis for Morgan Stanley from Adam Jonas, who covered the stock for years. Percoco seems to be less optimistic and bullish on Tesla shares, while still being fair and balanced in his analysis.
Percoco dug into the Robotaxi fleet and its expansion in the coming years in his latest note, released on Tuesday. The firm expects Tesla to increase the Robotaxi fleet size to 1,000 vehicles in 2026. However, that’s small-scale compared to what they expect from Tesla in a decade.
Tesla expands Robotaxi app access once again, this time on a global scale
By 2035, Morgan Stanley believes there will be one million Robotaxis on the road across multiple cities, a major jump and a considerable fleet size. We assume this means the fleet of vehicles Tesla will operate internally, and not including passenger-owned vehicles that could be added through software updates.
He also listed three specific catalysts that investors should pay attention to, as these will represent the company being on track to achieve its Robotaxi dreams:
- Opening Robotaxi to the public without a Safety Monitor. Timing is unclear, but it appears that Tesla is getting closer by the day.
- Improvement in safety metrics without the Safety Monitor. Tesla’s ability to improve its safety metrics as it scales miles driven without the Safety Monitor is imperative as it looks to scale in new states and cities in 2026.
- Cybercab start of production, targeted for April 2026. Tesla’s Cybercab is a purpose-built vehicle (no steering wheel or pedals, only two seats) that is expected to be produced through its state-of-the-art unboxed manufacturing process, offering further cost reductions and thus accelerating adoption over time.
Robotaxi stands to be one of Tesla’s most significant revenue contributors, especially as the company plans to continue expanding its ride-hailing service across the world in the coming years.
Its current deployment strategy is controlled and conservative to avoid any drastic and potentially program-ruining incidents.
So far, the program, which is active in Austin and the California Bay Area, has been widely successful.
Tesla stock closes at all-time high on heels of Robotaxi progress
Tesla needs to come through on this one Robotaxi metric, analyst says
