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SpaceX rolls out first new Starship prototype in nine months
For the first time in more than nine months, SpaceX has rolled a new Starship prototype to its Starbase, Texas launch facilities in the hopes of kicking off qualification testing in the near future.
The new activity exemplifies just how different – and more subdued – Starbase’s last year has been compared to the year prior. However, it also signals new hope for a significantly more eventful 2022 as SpaceX once again finds itself preparing for Starship’s first orbital launch attempt – albeit with an entirely different rocket.
The last time SpaceX rolled a new and functional Starship prototype from the factory to the test stand was on August 13th, 2021, when Starship S20 was transported back to the pad for the second time that month. On August 5th, the same unfinished Starship was stacked on top of Super Heavy booster B4, briefly assembling the largest rocket ever built. With the luxury of hindsight, it’s now clear that that particular milestone was more of a photo-op than a technical achievement. Nonetheless, Ship 20’s path was far more productive than Booster 4’s. The Starship returned to the Starbase factory for a few days of finishing touches before arriving back at the pad on August 13th. Only in the last week of September did Ship 20 finally begin its first significant tests, followed by its first Raptor static fire in mid-October. In mid-November, Ship 20 completed the first of several successful six-Raptor static fires.
Ultimately, by the time Ship 20 was retired in May 2022, the Starship was arguably fully ready to attempt to reach orbit or at least perform some kind of ambitious hypersonic test flight. However, Super Heavy Booster 4 never made it even a fraction of the way to a similar level of flight readiness and SpaceX never received the FAA environmental approval or launch license needed for an orbital launch attempt.
Only now, in May 2022, does it finally look likely that SpaceX will finally receive the necessary permissions for a limited orbital test flight campaign in the near future. While it’s hard to say if Booster 4 and Ship 20 could have supported some kind of launch campaign if permission had been granted months ago, what’s clear is that all aspects – flight hardware, pad hardware, and bureaucracy – have been chronically delayed to the point that Booster 4 and Ship 20 are now heavily outdated.
In their place, now, stand Super Heavy B7 and Starship S24 – the new ‘chosen ones’ assigned to Starship’s orbital launch debut. Both feature extensive design changes and account for an upgraded version of the Raptor engine and countless lessons learned over the better part of a year spent troubleshooting and testing their predecessors. While it did get off to a rocky start, Booster 7 has already completed several cryogenic proof tests and is in the middle of being outfitted with 33 new Raptor engines.
On the other hand, perhaps indicating SpaceX’s satisfaction with Ship 20’s performance, Starship S24 has been on the back burner in comparison. Only on May 26th, 2022 did SpaceX finally finish the prototype to the point that it was ready to begin qualification testing. Missing hundreds of TPS tiles and an aerocover cap, Ship 24 was quickly moved into position at a sort of drive-by test stand where it appears the prototype will first need to pass basic pressure and cryogenic proof tests.
If it passes those tests, SpaceX will then install Ship 24 on a suborbital launch and test stand (Suborbital Pad A) that has been significantly modified for qualification testing. Rather than leaping straight into static fires, SpaceX will minimize the risk of catastrophic failure by first using hydraulic rams to simulate the thrust of six Raptor V2 engines while Starship’s steel tanks and plumbing are chilled to cryogenic temperatures. Only after Ship 24 completes stress testing will SpaceX install new Raptor engines and prepare to replicate Ship 20’s success with several static fires.
Thanks to Raptor V2’s improvements, Ship 24 will likely need to withstand around 1400 tons (~3.1M lbf) of thrust at liftoff – almost 25% more than Ship 20 ever experienced. Beyond a sturdier thrust section, Ship 24 is also the first Starship SpaceX has outfitted with a next-generation nose; the first with a significant landing propellant (‘header’) tank redesign; and the first with a potentially functional payload bay and door.
Assuming Ship 24 passes all planned cryoproof and thrust simulation tests, it remains to be seen if SpaceX will return the Starship to Starbase factory facilities or – like with Ship 20 – install Raptors and finish its heat shield and thermal protection while sitting on the test stand. SpaceX has two test windows currently scheduled: one from 6am to 12pm CDT on Friday, May 27th and the other from 10am to 10pm CDT on Tuesday, May 31st.
News
Tesla ‘Killer’ heads to the graveyard as AFEELA taps out
SHM has officially discontinued development of its highly anticipated AFEELA electric vehicles. On March 25, the joint venture between Sony and Honda announced it would halt the AFEELA 1 luxury sedan and a planned SUV model.
There have been many Tesla “Killers” over the years, all of which have either failed to dethrone the automaker from its dominance in the United States, or even make it to the market altogether.
The Sony Honda Mobility (SHM) project, known as AFEELA, is the latest to make it to the grave, as the company announced its intentions to abandon the project earlier this week, Bloomberg reported.
SHM has officially discontinued development of its highly anticipated AFEELA electric vehicles. On March 25, the joint venture between Sony and Honda announced it would halt the AFEELA 1 luxury sedan and a planned SUV model.
🚗 Tesla Killers Graveyard:
Sony-Honda AFEELA
The sleek, AI-packed luxury sedan with PlayStation integration. Officially cancelled in March 2026 after Honda scaled back its EV plans.Fisker Ocean
Stylish SUV with solar roof promises. Company filed for bankruptcy in 2024 amid… https://t.co/Om14UhISOy— TESLARATI (@Teslarati) March 26, 2026
The decision follows Honda’s March 12 reassessment of its electrification strategy, which scrapped several upcoming EV programs amid slowing demand, high costs, and shifting market conditions.
SHM stated that it could no longer rely on key Honda technologies and manufacturing assets, leaving “no viable path forward.” Reservation fees for early buyers in California are being fully refunded, and the joint venture’s future is now under review.
Launched with fanfare in 2022, the AFEELA was positioned as a tech-forward premium EV blending Honda’s engineering reliability with Sony’s entertainment and AI expertise.
Prototypes featured advanced autonomous driving systems, immersive in-cabin displays, and even PlayStation integration, earning it early media labels as a potential “Tesla Killer.”
Priced around $90,000, the sedan was slated for limited production at Honda’s Ohio plant with deliveries targeted for late 2026. Industry watchers saw it as a serious challenger to Tesla’s dominance in software, connectivity, and premium appeal.
Yet, like many ambitious EV projects, it fell victim to broader industry headwinds: softening consumer demand, persistent high interest rates, and intense competition from established players.
The AFEELA joins a long list of vehicles once hyped as “Tesla Killers” that failed to deliver. In the late 2010s, Fisker’s second act, the Ocean SUV, promised stylish design and solid-state battery tech but collapsed into bankruptcy in 2024 after production delays, quality issues, and financial shortfalls.
Faraday Future poured billions into the FF 91 luxury sedan, touting it as a hyper-tech rival with unmatched performance and features; the company delivered fewer than 100 vehicles before fading into obscurity.
Lordstown Motors’ Endurance electric pickup generated massive pre-order buzz and Wall Street excitement but imploded after exaggerated range claims, a factory sale, and eventual bankruptcy.
Even Lucid Motors’ Air sedan, frequently called a Tesla slayer for its superior range and luxury, has struggled with sluggish sales and missed growth targets despite strong reviews.
Rivian’s R1T and R1S trucks enjoyed similar early acclaim and a blockbuster IPO, yet production ramp-up challenges and profitability woes have prevented it from dethroning Tesla.
The AFEELA’s quiet demise underscores a harsh reality in the EV sector. While Tesla’s first-mover advantage in software, charging infrastructure, and brand loyalty remains formidable, legacy automakers and tech newcomers alike continue to underestimate the complexities of scaling affordable, desirable electric vehicles.
As market realities force tough choices, the graveyard of “Tesla Killers” grows longer, another reminder that innovation alone is rarely enough to topple an established leader.
Elon Musk
TIME honors SpaceX’s Gwynne Shotwell: From employee No. 7 to world’s most valuable company
Time Magazine honors Gwynne Shotwell as SpaceX reaches a $1.25 trillion valuation and eyes its IPO.
TIME Magazine has put SpaceX President and COO Gwynne Shotwell on its cover, and the timing could not be more fitting. Published today, the profile of Shotwell arrives at a moment when the company she has quietly run for more than two decades stands at the center of the most consequential developments in aerospace, artificial intelligence, and the future of human civilization.
Shotwell joined SpaceX in 2002 as its seventh employee and has never stopped expanding her role. She oversees day-to-day operations across multiple executive teams spanning Falcon, Starlink, Starship, and now xAI following SpaceX’s February 2026 merger with Elon Musk’s artificial intelligence company, a deal that made SpaceX the world’s most valuable private company at a reported valuation of $1.25 trillion. A highly anticipated IPO is expected in the second quarter of 2026.
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Her track record is historic. She oversaw the first landing of an orbital rocket’s first stage, the first reuse and re-landing of an orbital booster, and the first private crewed launch to Earth orbit in May 2020. She built the Falcon launch manifest from nothing to more than 170 contracted missions representing over $20 billion in business. Under her operational leadership, SpaceX completed 96 successful missions in 2023 alone and has now flown more than 20 crewed Falcon 9 missions. Starlink, which she championed as a financial pillar of the company long before it was a mainstream topic, now connects tens of millions of users worldwide and provided a critical communications lifeline to Ukraine following the 2022 invasion.
Elon Musk has never been shy about what Shotwell means to him and to SpaceX. When she shared her vision for worldwide internet connectivity through Starlink, Musk responded on X with a simple statement, “Gwynne is awesome.” It is a sentiment that has been echoed across the industry. NASA Administrator Bill Nelson once said of Musk: “One of the most important decisions he made, as a matter of fact, is he picked a president named Gwynne Shotwell. She runs SpaceX. She is excellent.”
Gwynne is awesome https://t.co/tiXtMWJmPE
— Elon Musk (@elonmusk) September 28, 2024
Now, with Starship targeting its first crewed lunar landing under the Artemis program by 2028, an xAI integration underway, and a pending IPO that could reshape capital markets, Shotwell’s mandate has never been larger. She told Time that 18 Starships are already in various stages of construction at Starbase. “By 2028,” she said, gesturing across the factory floor, “these should be long gone. They better have flown by then.” If Shotwell’s history at SpaceX is any guide, they will.
Elon Musk
SpaceX’s IPO might arrive sooner than you think
Musk has hinted for years that an eventual public offering was inevitable, though he has stressed the need to maintain operational focus. Insiders have told outlets that the CEO is pushing for a significant retail investor allocation, reportedly more than 20 percent of shares, and tighter lock-up periods to limit early selling pressure.
Elon Musk’s SpaceX is on the verge of one of the most anticipated Initial Public Offerings (IPO) in history.
However, a new report from The Information indicates the rocket and satellite giant is aiming to file its IPO prospectus with U.S. regulators as soon as this week, or early next week at the latest.
People familiar with the plans told The Information that advisers involved in the process expect the IPO could raise more than 75 billion dollars, potentially making it the largest stock market debut ever and eclipsing Saudi Aramco’s 29.4 billion dollar offering in 2019.
The filing would mark the formal start of what has long been rumored: SpaceX’s transition from a closely held private powerhouse to a publicly traded company.
The timing aligns with earlier signals.
In late February, Bloomberg reported that SpaceX was targeting a confidential IPO filing in March and a possible public listing in June, with a valuation north of 1.75 trillion dollars. At the time, the company’s private valuation hovered around 1.25 trillion dollars.
SpaceX considering confidential IPO filing this March: report
Starlink, SpaceX’s satellite internet constellation, has been the primary driver of that surge, now serving millions of customers worldwide and generating steady revenue. Recent Starship test flights and a record pace of Falcon launches have further bolstered investor confidence.
Musk has hinted for years that an eventual public offering was inevitable, though he has stressed the need to maintain operational focus. Insiders have told outlets that the CEO is pushing for a significant retail investor allocation, reportedly more than 20 percent of shares, and tighter lock-up periods to limit early selling pressure.
A June listing would give SpaceX immediate access to public capital markets at a moment when demand for space-related stocks remains high. It would also allow early employees and long-time investors to cash out portions of their stakes while giving everyday shareholders a chance to own a piece of the company behind reusable rockets, global broadband, and NASA contracts.
Of course, nothing is certain until the SEC filing appears. Market conditions, regulatory reviews, and Musk’s own schedule could still shift timelines.
Yet the latest word from The Information suggests the window has opened. If the filing lands this week, SpaceX’s roadshow could begin in earnest within weeks, setting the stage for what many analysts already call the IPO of the decade.
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