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SpaceX Starship booster heads to launch pad for the fifth time
For the fifth time in five months, SpaceX has transported its most advanced Starship booster prototype from the Starbase factory to the launch pad, setting the stage for another round of testing.
Super Heavy Booster 7 (B7) returned to the factory for the fourth time on August 12th after becoming the first prototype of any kind to perform a static fire engine test while installed on SpaceX’s orbital Starship launch mount. In the days prior, the booster completed two back-to-back static fire tests with one of the 20 Raptor engines installed on the rocket, both of which apparently gave SpaceX enough confidence to prepare for the next phase of testing.
That relatively cautious progress only came after SpaceX attempted to test all 33 of the prototype’s Raptors at once during its first engine test. Whether it was the fault of overzealous managers or executives or a genuine oversight is not clear, but the combined behavior of Super Heavy and the orbital launch pad was not properly characterized before testing began. As a result, the cloud of flammable gas the rocket released during its attempted 33-engine ‘spin-prime’ test found an ignition source and violently exploded on July 11th, causing damage throughout Booster 7’s aft engine section that required several weeks of repairs between July 15th and August 6th.
When the Super Heavy rolled to the pad for the fourth time on August 6th, it was missing all 13 center Raptors, leaving only the outer ring of 20 Raptor Boost engines partially installed for the tests that followed. Thankfully, things went much better on the second try and Booster 7 completed two spin-prime tests with a single Raptor engine, followed by two successful static fire tests on August 9th and 11th. The latter test was the longest Starbase static fire ever (by a factor of ~3) and lasted about 20 seconds, allowing SpaceX to test Booster 7’s autogenous pressurization. That system pressurizes Super Heavy’s tanks by turning small quantities of cryogenic liquid propellant into gas, ensuring that its tanks remain stable as they’re rapidly drained of thousands of tons of propellant.
On August 12th, Booster 7 returned to the factory, where workers installed the rocket’s 13 center engines for the second time. Booster 7 headed back to the orbital launch site (OLS) on August 23rd and the pad’s robotic launch tower used a pair of arms to lift the rocket off its transport stand and place it on the launch mount by the end of the day.
In addition to readying Booster 7 for its next phase of static fire testing, teams of SpaceX workers took advantage of the unplanned lull in testing to modify the orbital launch mount. It’s impossible to know what exactly was done without official confirmation, but it’s likely that SpaceX was attempting to quickly fix the shortcoming(s) that allowed the July 11th explosion to happen. Without a fix, it’s unlikely that SpaceX would want to proceed with plans to ignite large numbers of Raptor engines simultaneously – a series of tests that must be completed before Starship can safely attempt its first orbital launch.
It’s unclear what exactly that fix entails, but it could involve a system to constantly flood the engine section with fire-stopping nitrogen gas or potentially take the shape of a system of vents that will connect to every Raptor engine and remove methane gas before it can turn into flammable clouds.
It’s possible that Booster 7 has returned to the launch pad solely for fit checks or some other basic proof-of-concept testing. It’s also possible that the returns signifies that SpaceX is confident in its quick launch mount fix and ready to restart static fire testing.
As Booster 7 prepares for that next phase of testing, SpaceX may also be ready to restart static fire testing with Starship S24, which paused shortly before Super Heavy returned to the factory. SpaceX appears to be modifying the suborbital launch mount and test stand Ship 24 is installed on, which could explain the lack of ship testing since August 11th. SpaceX has 12-hour test windows tentatively scheduled on August 24th and 25th, either of which could be used to test either or both prototypes.
If all goes to plan, Ship 24 and Booster 7 will eventually complete all the qualification testing SpaceX can throw at them and be ready to support Starship’s first orbital launch attempt sometime before the end of 2022.
Tesla has finally clarified the situation regarding the viral crash in Texas where a Model 3 slammed into a home.
CEO Elon Musk replied to reports on Monday that stated the crash was due to the company’s Full Self-Driving or Autopilot suite, which seemed unlikely to those who are familiar with it. Video showed the car slamming into a house at an excessive rate of speed, making it highly unlikely the crash was due to the suite’s operation, as it does not travel at those speeds in residential areas.
Musk said:
“This makes no sense. FSD drives slowly through neighborhood streets, and this was a high-speed crash!”
Tesla’s Head of AI, Ashok Elluswamy, added context, revealing that the company’s data shows the driver “manually overrode self-driving by pressing the accelerator all the way to 100%.”
He revealed the speed reached by the car was 73 MPH, and the accelerator was still pressed “even after the crash.”
Yup. In this case, the driver manually overrode self-driving by pressing the accelerator all the way to 100% of the accel pedal in this residential area. They reached a speed of 73 mph during the crash, and had the accelerator pressed even after the crash.
— Ashok Elluswamy (@aelluswamy) June 22, 2026
Authorities are reportedly investigating “whether Tesla’s Autopilot system played a role after a Model 3 left the roadway…slammed through a brick house at high speed and fatally struck Matha Avila as she sat inside,” the New York Post reported.
The National Highway Traffic Safety Administration (NHTSA) is now investigating the crash. Tesla will work with the agency to provide them with whatever information they need in order to clarify the cause of the crash.
Similarly, Tesla had claims of a fatal accident in Harris County, Texas, a few years ago. Early reports indicated that Full Self-Driving was the cause of the crash. After the National Transportation Safety Board (NTSB) worked with Tesla, the agency proved there was “no use of the Autopilot system at any time during this ownership period of the vehicle, including the time frame up to the last transmitted timestamp on April 17, 2021.”
Tesla alleged “driverless” crash in Texas: What is known so far
“Application of the accelerator pedal was found to be as high as 98.8 percent,” the NTSB said in their findings. The highest recorded speed in the five seconds leading up to the impact was 67 miles per hour. The area where the crash occurred is residential, and Texas State laws have default speed limits of 30 MPH in residential streets.
This appears to be a similar situation. However, an investigation will prove what happened for sure.
SpaceX announced today that it commenced its first-ever public bond offering, marking a significant step in the newly public company’s capital markets strategy.
The company announced an offering of senior unsecured notes expected to raise at least $20 billion.
The move comes just a short time after SpaceX completed one of the largest initial public offerings in history. In mid-June, the company priced shares at $135 and raised more than $85 billion, propelling founder Elon Musk’s net worth past the trillion-dollar mark and giving the firm substantial liquidity.
🚨 SpaceX has announced its inaugural offering of senior unsecured notes.
The net proceeds will be used to repay outstanding loans under its bridge loan facility in full.
This inaugural debt offering represents a financing milestone for SpaceX, which previously depended… pic.twitter.com/pcOZuVbTRv
— TESLARATI (@Teslarati) June 22, 2026
According to the company’s SEC filing, the net proceeds from the notes will be used primarily to repay in full the outstanding borrowings under its existing bridge loan facility, cover related fees and expenses, and fund general corporate purposes. The offering is being conducted under Rule 144A, as well as Regulation S, targeting qualified institutional buyers and non-U.S. investors. Notes will be unsecured obligations ranking equally with other unsubordinated debt.
The $20 billion bridge loan was used to refinance approximately $17.5 billion in higher-cost “junk” debt tied to X and xAI. SpaceX had merged with xAI in February 2026 in an all-stock deal. The bridge facility, which matures in September 2027, had represented the bulk of SpaceX’s long-term debt.
SpaceX officially acquires xAI, merging rockets with AI expertise
In connection with the bond launch, SpaceX disclosed it held approximately $100.8 billion in cash and cash equivalents as of June 19. Investor calls began on the announcement date, with pricing and launch expected shortly thereafter. Rating agencies have assigned investment-grade ratings to the proposed bonds, reflecting confidence in SpaceX’s dominant position in commercial launches and the growth trajectory of its Starlink internet offering.
The debt raise also allows SpaceX to optimize its balance sheet by replacing short-term, higher-cost bridge financing with longer-date, lower-cost fixed-income securities. This provides greater financial flexibility to support capital-intensive initiatives, including the development of Starship, the expansion of the Starlink constellation, and the integration of AI capabilities following the xAI combination.
SpaceX shares (NASDAQ: SPCX) fell sharply on the news, dropping over 16 percent overall on the market on Monday. The stock had surged initially after debuting but pulled back amid profit-taking and broader market dynamics.
Overall, the bond offering underscores SpaceX’s transition to a mature public company with access to diverse funding sources. It positions the firm to pursue its long-term vision of multiplanetary expansion and AI infrastructure, while maintaining a disciplined approach to its capital structure in a high-growth but capital-heavy industry.
SpaceX confirmed today that it has officially signed its third massive compute deal, providing compute at its Colossus data center in Southaven, Tennessee.
Reflection AI will gain immediate access to NVIDIA GB300 chips at SpaceX’s Colossus 2 data center. In return, Reflection will pay SpaceX $150 million per month starting on July 1, with total payments reaching approximately $6.3 billion if the contract runs through its duration, which is until 2029. Either party can terminate the agreement with 90 days’ notice after the initial three-month period.
CNBC first reported the deal.
🚨 SpaceXAI has agreed to a new compute deal with Reflection AI.
Reflection gets access to NIVIDIA GB300s, and will pay $150M per month to SpaceXAI for the compute. pic.twitter.com/bNPare8U5u
— TESLARATI (@Teslarati) June 22, 2026
This latest partnership highlights SpaceX’s strategy of commercializing its massive Colossus supercomputing infrastructure, originally developed to power Elon Musk’s Grok AI models. The company has rapidly expanded its customer base in the AI sector following its February 2026 merger with xAI, a transaction that valued the combined entity at $1.25 trillion.
SpaceX has previously signed significant compute deals with other major players.
It granted Anthropic exclusive access to the full capacity of its Colossus 1 data center, which exceeds 300 megawatts and includes over 220,000 NVIDIA GPUs. Details from SpaceX’s IPO filings indicate Anthropic will pay $1.25 billion per month through May 2029, potentially generating around $45 billion over the term of the deal.
Additionally, Google agreed to pay SpaceX $920 million per month for compute capacity from October 2026 through June 2029. This 32-month period will provide Google access to roughly 110,000 NVIDIA GPUs, along with supporting processors and memory. Capacity ramps up through September at a reduced fee, with termination options after the first year.
SpaceXA also established arrangements for computing power with Cursor, an AI coding startup. SpaceX acquired them in a $60 billion all-stock deal.
These arrangements position SpaceX’s collective position as an AI infrastructure powerhouse with high-margin revenue potential. The Google deal alone could generate nearly $29.5 billion over its term, while the Reflection contract adds another $6.3 billion.
Combined with the Anthropic arrangement, SpaceX stands to realize tens of billions in revenue from compute leasing in the coming years, which diversifies beyond SpaceX’s traditional rocket launches and Starlink operation.
The deals underscore growing demand for advanced AI training and inference capacity amid chip shortages and surging model development needs. Reflection, valued at $25 billion and focused on “American open intelligence” with government and national security ties, cited recent restrictions on closed models as validation for open-source approaches.
For SpaceX, the partnerships transform capital-intensive data centers into flexible revenue sources while supporting its broader AI ambitions after the company has gone public.
Tesla finally clarifies fatal Texas crash, confirms driver manually overrode acceleration
SpaceX makes $20 billion move to optimize its balance sheet
