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SpaceX Starship event expected this September, says Elon Musk
SpaceX CEO Elon Musk has implied that he will continue the tradition of annual Starship update events later this year, likely presenting on the progress the company has made over the last 12 months at its South Texas rocket factory.
Beginning in Guadalajara, Mexico at the September 2016 International Astronautical Congress (IAC), Musk has presented a detailed annual update on the status of SpaceX’s next-generation Starship launch vehicle in September or October for the last four years. Formerly known as the Interplanetary Transport System (ITS) and Big Falcon Rocket (BFR), Starship is effectively a continuation of the unprecedented progress SpaceX has made with Falcon 9 and Heavy reusability.
SpaceX has managed to reliably reuse Falcon boosters 5+ times and is on the way to replicating that with payload fairings, but Musk has concluded that the Falcon family – despite being some of the largest operational rockets in existence – is just too small to feasibly recover and reuse the orbital second stage. With Starship, SpaceX wants to take a slightly different approach.
While also a two-stage rocket, Starship will have a magnitude more thrust than Falcon 9 and twice the thrust of Saturn V, the largest liquid rocket ever successfully launched. More importantly, both Starship stages are designed to be easily and rapidly reusable, while also entirely getting rid of deployable payload fairings. In theory, once fully optimized, Starship and the Super Heavy booster should be capable of placing 150 metric tons (~330,000 lb) of payload into low Earth orbit (LEO) in a single launch.
Of course, that is going to be an immense challenge – arguably the single most ambitious project in the history of commercial spaceflight – and SpaceX has quite a ways to go before it can even come close. Aside from the huge publicity and excitement it generates, offering detailed explanations of how exactly SpaceX is progressing towards those goals and how Starship’s design is evolving is likely the primary reason Musk has chosen to continue doing annual presentations.
SpaceX may likely be years away from routine, fully-reusable Starship launches but that doesn’t mean that no progress has been made. In the last ~10 months, SpaceX has successfully flown Starhopper to 150 meters (500 ft), destroyed Starship Mk1; built, tested, and destroyed Starships SN1, SN3, SN4, and four standalone test tanks; and expanded its South Texas presence from almost nothing to a large, semi-permanent factory.
Aside from Starship production and testing, SpaceX has evolved the cutting-edge Raptor engine from a relatively rough prototype to an engine capable of operating at the fringes of what thermodynamics will allow. Per Musk, a vacuum-optimized variant of the existing Raptor engine may already be preparing for its first test fires in McGregor, Texas. Meanwhile, SpaceX won its first Starship contract from NASA a matter of weeks ago, solidifying the ambitious rocket’s stature relative to other more traditional next-generation rockets from Blue Origin and the United Launch Alliance (ULA).
All things considered, there is an extraordinary amount of tangible progress on tap for the Starship update Musk says is planned for September. With a little luck, the 2020 presentation will align with Starship’s test program much like the 2019 event did with Starhopper, coming just a few months after ambitious flight tests.
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President Donald Trump unveiled an upgraded Boeing 747-8 at Joint Base Andrews on June 19, 2026, describing the Qatar-gifted aircraft as an interim Air Force One equipped with advanced communications systems, including Starlink, Elon Musk’s SpaceX satellite internet service.
The plane, valued at around $400 million and modified for presidential use, serves as a bridge until the delayed VC-25B replacements arrive. Trump highlighted its luxury features and new technology during remarks to service members.
Trump stated:
“We have communication equipment up there that nobody’s ever seen before. It’s the highest level and, uh, including Starlink. My friend Elon is going to be very happy, but, uh, Starlink and we have, uh, four or five different sets of double and triple communications like people haven’t seen.”
He added:
“And it represents what can happen with hard work, innovation, and aggressive timelines because we did this quickly and yet there’s never been communication like is on this plane.”
🚨 President Trump confirmed today that the new Air Force One is equipped with Starlink:
“We have communication equipment up there that nobody’s ever seen before, it’s the highest level and including Starlink…my friend Elon is going to be very happy.” pic.twitter.com/IhkDmtr5hL
— TESLARATI (@Teslarati) June 20, 2026
The aircraft features a redesigned red, white, and blue livery and has been outfitted with Starlink satellite connectivity alongside other secure systems.
Trump praised the plane’s uniqueness, calling it among the world’s most luxurious. The gift from Qatar and subsequent modifications have drawn attention, with the jet positioned as a solution for presidential travel. It is expected to support operations, including potential ceremonial roles such as Fourth of July flyovers.
The event marked the formal introduction of the converted jet, which will help maintain capabilities while the primary Air Force One fleet undergoes modernization. Defense observers note the inclusion of commercial satellite technology like Starlink as part of efforts to ensure resilient communications, crucial to keep the country running as the President is in the sky.
President Trump’s comments underscored appreciation for rapid upgrades and innovation in equipping the aircraft. The plane remains a U.S. government asset and is slated for eventual transfer related to presidential library purposes after its service.
Tesla just gave what is perhaps its biggest signal yet that the launch of the Cybercab, its autonomous ride-hailing-geared car, is imminent.
The Cybercab has been spotted outside of Gigafactory Texas in massive numbers over the past few days, with hundreds of units being stored on property just days after the vehicle received a Certificate of Conformity from the EPA.
Today, things were a bit different.
Cybercabs spotted on Giga Texas property today had an addition: a Cybercab decal on the side, reminiscent of the “Robotaxi” ones that were placed on Model Ys just as the company launched its ride-sharing platform about a year ago.
Giga Texas drone operator Joe Tegtmeyer noticed the change today:
Tesla Cybercabs are now getting “Cybercab” logos on the side of them!
Tesla did the same with Model Ys that were given “Robotaxi” logos: https://t.co/DanANtw1m7 pic.twitter.com/FqOhH0S9Ks
— TESLARATI (@Teslarati) June 19, 2026
Tesla could be signaling that the Cybercab is preparing to enter the Robotaxi fleet in the coming weeks or months with this move. It seems more symbolic than anything; Tesla is ready to throw Cybercabs in the ride-hailing platform just as it did with Model Ys last year.
The addition of the Certificate of Conformity awarded to the Cybercab is another major factor working to Tesla’s advantage. The company now has permission from the EPA to allow the vehicle to operate on public roads and enter the chain of commerce. It’s officially street legal.
Tesla Cybercab specs revealed: range, curb weight, range ratings, and more
The big question that remains is whether Tesla will be able to operate the car without a safety monitor, especially considering it plans to put the car out there without a steering wheel or pedals. With the Cybercab only having a seating capacity of two, it is hard to believe Tesla will even consider putting a Safety Monitor in the car.
It did recently self-certify as Level 4 and has the ability to operate driverless vehicles in the State of Texas under a law that took effect on May 28. You can read more about that here:
Tesla’s Robotaxi dreams just took a massive step toward reality
We’d imagine Cybercabs will be on the roads as soon as July, but August will likely be a better estimate of when the car will be entered into the Cybercab fleet. It all depends at where Tesla is, as they’ve truly prioritized safety with the rollout of the Robotaxi platform.
Elon Musk has publicly questioned Moody’s credit assessments following the rating agency’s decision to assign SpaceX a Baa1 investment-grade rating, two notches above Tesla’s Baa3. The comments came amid discussions comparing the two companies’ financial profiles.
SpaceX earned its first-time Baa1 rating with a stable outlook from Moody’s. The agency highlighted the company’s leadership in orbital launches, the growing recurring revenue from its Starlink satellite network, strong vertical integration, U.S. government contracts, and emerging opportunities in AI infrastructure.
These factors were cited as supporting robust cash flows, margin expansion, and financial flexibility.
Musk responded directly: “Tesla’s credit rating is ridiculously low tbh,” and added, “Yeah, makes no sense. Tesla has over $40B in cash, no debt, and is consistently profitable!” His remarks underscored Tesla’s balance sheet strength and profitability at a time when many traditional automakers continue to report losses in the shift to electric vehicles.
Yeah, makes no sense.
Tesla has over $40B in cash, no debt and is consistently profitable!
— Elon Musk (@elonmusk) June 19, 2026
Tesla maintains a leading position in the global EV market, with diversification into energy and storage, battery technology, and robotics through projects like Optimus. Recent financial updates show the company generated positive free cash flow of $1.4 billion in Q1 2026, supported by operating cash flow of $3.9 billion. Cash and short-term investments stood at approximately $44.7 billion.
Moody’s has affirmed Tesla’s Baa3 issuer rating with a stable outlook in periodic reviews, acknowledging the company’s EV leadership, technology strengths, including AI for autonomous vehicles, solid profitability, and strong liquidity.
Tesla (TSLA) scores Baa3 Moody’s rating for ‘stable’ outlook
However, the agency has also noted challenges in the automotive segment and expectations for margin pressures.
Musk’s critique highlights a common debate about how traditional rating methodologies apply to high-growth, capital-intensive technology companies. SpaceX benefits from long-term government-backed contracts and diversified, recurring revenue streams, while Tesla’s valuation reflects heavy investment in future technologies such as autonomy and robotics.
Both ratings remain investment-grade, yet the one-notch difference has fueled online discussion about potential inconsistencies in evaluating innovative firms.
The exchange comes as SpaceX explores financing options following its recent valuation milestones, while Tesla continues executing on its multi-year roadmap. Musk’s pointed response serves as a reminder that credit ratings, though influential for borrowing costs, represent one lens through which markets assess corporate strength—and that company leaders often view their financial positions through the lens of long-term innovation and cash generation rather than short-term risk metrics alone.
President Trump touts new Air Force One with Musk technology
Tesla Cybercab launch is imminent after latest sighting at Giga Texas
