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SpaceX fires up first upgraded Starship engine
CEO Elon Musk has implicitly revealed that SpaceX recently conducted the first test of Starship’s new Raptor 2 engine.
Aside from kicking off integrated static fire testing of a refined, operationalized version of Raptor, the first prototype may have briefly become the most powerful engine of its kind ever tested before destroying itself. While not quite as successful as the first static fire campaign of a full-scale Raptor 1 engine, which survived several tests, the first Raptor 2 prototype’s early demise is still a routine part of engine development and is the start of a process that should ultimately produce a Super Heavy booster with 50% more thrust than the next most powerful rocket ever flown.
Prior to last weekend, it’s likely that competitor Blue Origin’s BE-4 – still in development and hoped to one day power ULA’s Vulcan and the company’s own reusable New Glenn – was the most powerful methane/oxygen rocket engine ever tested. BE-4 is designed to produce up to 244 tons (~539,000 lbf) of thrust. On its very first static fire, it appears that SpaceX’s first finished Raptor 2 prototype has narrowly stolen BE-4’s crown, briefly generating main combustion chamber pressures of 321 bar (~4650 psi) and as much as 245 tons (~540,000 lbf) of thrust.
To BE-4’s credit, the engine (at least as far as Blue Origin’s sparse public communications go) didn’t destroy itself after its first full-thrust static fire. Raptor 2 wasn’t so lucky and apparently exploded before completing its first test. There’s also some ambiguity as Blue Origin’s own website pegs BE-4 thrust at “2400 kN (550,000 lbf)” when 2400 kilonewtons is actually equivalent to 539,000 lbf. Regardless, designed to produce up to 230 tons (~510,000 lbf) of thrust in flight, Musk has said that Raptor 2 or V2.0 “is a major improvement in simplification” over Raptor 1, which nominally produces up to 185 tons (~410,000 lbf) of thrust at chamber pressures closer to 270 bar (~3900 psi).
It’s not all that surprising, then, that the first Raptor 2 prototype ever completed exploded when SpaceX pushed it to almost 107% of its maximum rated thrust and main chamber pressure during its first test.
Though impressive, SpaceX has technically pushed Raptor 1 prototypes further – and without failure. Musk later indicated that there was some damage present but a fairly young Raptor 1 engine still made it all the way up to 330 bar (~4800 psi) and spent about 10 seconds at chamber pressures above 320 bar without failure during an August 2020 stress test. Still, had the Raptor 2 prototype also made it to 330 bar, it would have produced around 252 tons (555,000 lbf) of thrust – 12% more than its Raptor 1 predecessor.
According to Musk, the main differences between Raptor 1 and Raptor 2 are “much cleaner” plumbing and wire harnesses and a wider combustion chamber throat, which allows the engine to produce more thrust in roughly the same package at the cost of a slight efficiency loss. Over the last two years, the CEO has mentioned the possibility of a power-optimized Raptor variant with up to 300 tons of thrust but in recent months, Musk says SpaceX has decided to keep the Raptor family as streamlined as possible and opted for just two variants – one with a sea-level nozzle (Raptor Center and Boost) and one with a larger vacuum-optimized nozzle (RVac).
Elon Musk
Elon Musk’s net worth is nearing $800 billion, and it’s no small part due to xAI
A newly confirmed $20 billion xAI funding round valued the business at $250 billion, adding an estimated $62 billion to Musk’s fortune.
Elon Musk moved within reach of an unprecedented $800 billion net worth after private investors sharply increased the valuation of xAI Holdings, his artificial intelligence and social media company.
A newly confirmed $20 billion funding round valued the business at $250 billion, adding an estimated $62 billion to Musk’s fortune and widening his lead as the world’s wealthiest individual.
xAI’s valuation jump
Forbes confirmed that xAI Holdings was valued at $250 billion following its $20 billion funding round. That’s more than double the $113 billion valuation Musk cited when he merged his AI startup xAI with social media platform X last year. Musk owned roughly 49% of the combined company, which Forbes estimated was worth about $122 billion after the deal closed.
xAI’s recent valuation increase pushed Musk’s total net worth to approximately $780 billion, as per Forbes’ Real-Time Billionaires List. The jump represented one of the single largest wealth gains ever recorded in a private funding round.
Interestingly enough, xAI’s funding round also boosted the AI startup’s other billionaire investors. Saudi investor Prince Alwaleed Bin Talal Alsaud held an estimated 1.6% stake in xAI worth about $4 billion, so the recent funding round boosted his net worth to $19.4 billion. Twitter co-founder Jack Dorsey and Oracle co-founder Larry Ellison each owned roughly 0.8% stakes that are now valued at about $2.1 billion, increasing their net worths to $6 billion and $241 billion, respectively.
The backbone of Musk’s net worth
Despite xAI’s rapid rise, Musk’s net worth is still primarily anchored by SpaceX and Tesla. SpaceX represents Musk’s single most valuable asset, with his 42% stake in the private space company estimated at roughly $336 billion.
Tesla ranks second among Musk’s holdings, as he owns about 12% of the EV maker’s common stock, which is worth approximately $307 billion.
Over the past year, Musk crossed a series of historic milestones, becoming the first person ever worth $500 billion, $600 billion, and $700 billion. He also widened his lead over the world’s second-richest individual, Larry Page, by more than $500 billion.
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Tesla Cybercab sighting confirms one highly requested feature
The feature will likely allow the Cybercab to continue operating even in conditions when its cameras could be covered with dust, mud, or road grime.
A recent sighting of Tesla’s Cybercab prototype in Chicago appears to confirm a long-requested feature for the autonomous two-seater.
The feature will likely allow the Cybercab to continue operating even in conditions when its cameras could be covered with dust, mud, or road grime.
The Cybercab’s camera washer
The Cybercab prototype in question was sighted in Chicago, and its image was shared widely on social media. While the autonomous two-seater itself was visibly dirty, its rear camera area stood out as noticeably cleaner than the rest of the car. Traces of water were also visible on the trunk. This suggested that the Cybercab is equipped with a rear camera washer.
As noted by Model Y owner and industry watcher Sawyer Merritt, a rear camera washer is a feature many Tesla owners have requested for years, particularly in snowy or wet regions where camera obstruction can affect visibility and the performance of systems like Full Self-Driving (FSD).
While only the rear camera washer was clearly visible, the sighting raises the possibility that Tesla may equip the Cybercab’s other external cameras with similar cleaning systems. Given the vehicle’s fully autonomous design, redundant visibility safeguards would be a logical inclusion.
The Cybercab in Tesla’s autonomous world
The Cybercab is Tesla’s first purpose-built autonomous ride-hailing vehicle, and it is expected to enter production later this year. The vehicle was unveiled in October 2024 at the “We, Robot” event in Los Angeles, and it is expected to be a major growth driver for Tesla as it continues its transition toward an AI- and robotics-focused company. The Cybercab will not include a steering wheel or pedals and is intended to carry one or two passengers per trip, a decision Tesla says reflects real-world ride-hailing usage data.
The Cybercab is also expected to feature in-vehicle entertainment through its center touchscreen, wireless charging, and other rider-focused amenities. Musk has also hinted that the vehicle includes far more innovation than is immediately apparent, stating on X that “there is so much to this car that is not obvious on the surface.”
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Tesla seen as early winner as Canada reopens door to China-made EVs
Tesla had already prepared for Chinese exports to Canada in 2023 by equipping its Shanghai Gigafactory to produce a Canada-specific version of the Model Y.
Tesla seems poised to be an early beneficiary of Canada’s decision to reopen imports of Chinese-made electric vehicles, following the removal of a 100% tariff that halted shipments last year.
Thanks to Giga Shanghai’s capability to produce Canadian-spec vehicles, it might only be a matter of time before Tesla is able to export vehicles to Canada from China once more.
Under the new U.S.–Canada trade agreement, Canada will allow up to 49,000 vehicles per year to be imported from China at a 6.1% tariff, with the quota potentially rising to 70,000 units within five years, according to Prime Minister Mark Carney.
Half of the initial quota is reserved for vehicles priced under CAD 35,000, a threshold above current Tesla models, though the electric vehicle maker could still benefit from the rule change, as noted in a Reuters report.
Tesla had already prepared for Chinese exports to Canada in 2023 by equipping its Shanghai Gigafactory to produce a Canada-specific version of the Model Y. That year, Tesla began shipping vehicles from Shanghai to Canada, contributing to a sharp 460% year-over-year increase in China-built vehicle imports through Vancouver.
When Ottawa imposed a 100% tariff in 2024, however, Tesla halted those shipments and shifted Canadian supply to its U.S. and Berlin factories. With tariffs now reduced, Tesla could quickly resume China-to-Canada exports.
Beyond manufacturing flexibility, Tesla could also benefit from its established retail presence in Canada. The automaker operates 39 stores across Canada, while Chinese brands like BYD and Nio have yet to enter the Canadian market directly. Tesla’s relatively small lineup, which is comprised of four core models plus the Cybertruck, allows it to move faster on marketing and logistics than competitors with broader portfolios.
Elon Musk’s net worth is nearing $800 billion, and it’s no small part due to xAI
Tesla Cybercab sighting confirms one highly requested feature
