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SpaceX schedules Starship’s first triple-Raptor static fire test
A photo posted by CEO Elon Musk confirms that SpaceX has successfully installed three functional Raptors on Starship SN8 just hours before road closure notices revealed the company’s first triple-engine static fire schedule.
Technically, it’s incorrect to say that Starship serial number 8 (SN8) is the first prototype to receive three Raptor engines. Back in late-September 2019, in the lead-up to Musk’s promised Starship update event, the company installed three Raptors on the first full-scale prototype, known as Starship Mk1. The engines were only installed as an apparent fit test or even a photo opportunity, however – evidenced by the fact that they weren’t actually plumbed to the Starship’s propellant tanks.
Even then, in September 2019, Starship Mk1 was far from ready to make use of Raptor engines and was more than a month away from attempting its first pressure and cryogenic proof tests – tests it quickly failed. As such, Starship SN8 – having more or less successfully passed its ‘cryo proof’ by October 9th – is undoubtedly the first ship to have a shot at igniting multiple Raptor engines at once.
Curiously, SpaceX remained quiet for several days after Starship SN8 passed its first big test. Whereas with past Starship prototypes SpaceX has often filed test plans (appearing in the form of road closures) even before the current phase of testing is complete, the company waited until Tuesday, October 14th to file closure notices for “SN8 static fire” testing.
Same as Starships SN4, SN5, and SN6, all of which successfully graduated from cryo proof to static fire testing (and even flight tests for the latter two), SpaceX began Starship SN8’s test campaign with a cryo proof. It took three days and at least as many attempts but SN8 ultimately “passed cryo proof” according to Elon Musk, likely meaning that the ship reached sustained pressures of 7.5 bar (~110 psi) or more.
Cryo proof complete, SpaceX installed Starship SN8’s engines – the first time multiple Raptors have been fully integrated with a rocket or test stand – in preparation for another Raptor first: multi-engine static fires. While modern computation fluid dynamics (CFD) and modeling mean that the great unknowns of rocket propulsion are rarely as opaque as they used to be, the first test of multiple powerful engines in close proximity is still a guaranteed recipe for surprises.
Thanks to expertise hard-won from nearly 100 Falcon 9 and Falcon Heavy launches, SpaceX is likely the world’s foremost expert in the challenges and dynamics of the proximity operation of more than two rocket engines. At the same time, though, Raptor is a dramatically different engine than Merlin 1D and while Starship will only have six engines at most, those six engines will produce thrust equivalent to almost two entire Falcon 9 boosters.
In other words, even with a (relatively) simple three-Raptor static fire, SpaceX will be treading new ground and will almost certainly end up learning one or several things about Raptor’s design and operation. More likely than not, SpaceX will begin Starship SN8’s static fire test campaign with a wet dress rehearsal (like a cryo proof but with real liquid methane and oxygen propellant) and transition into a Raptor spin prime (turbopump spin-up) or preburner test (a turbopump spin-up but with partial combustion) if the WDR goes smoothly. If all three Raptor engines appear healthy, SpaceX may recycle and attempt the first static fire just an hour or two later.
Starship SN8’s triple-Raptor static fire test window opened at 9pm CDT on October 14th and closes at 6am on the 15th, with an identical 9pm-6am backup on the 15th and another window from 8am to 4:30pm on the 16th. LabPadre (below) will continue to offer 24/7 views of Starship, including any static fire testing, while NASASpaceflight.com will likely provide live coverage once testing begins in earnest.
Tesla (NASDAQ: TSLA) reports its earnings for Q3 today. Here’s what to expect, as the company will reveal its balance sheet after the market closes on Wednesday.
Tesla already reported deliveries just after Q3 ended, and it demolished Wall Street consensus estimates of roughly 462,000 vehicles. Tesla delivered 486,532 cars in the third quarter, which was a big beat, but was down 2.1 percent from the same quarter last year. Energy storage deployments were 13.7 GWh, up year-over-year.
Tesla showrooms picked clean ahead of Q3 end as demand looks strong
For the quarter, analysts have already compiled their predictions for what Tesla will report this afternoon:
- Total Revenues: $28.34B
- Non-GAAP EPS: $0.43
- Operating Margin: 2.5%
- Operating Income: $721M
- Free Cash Flow: ~-$4.51B
Here are a few things we are looking forward to hearing about on the call:
Automotive Gross Margin and Overall Profitability
This was 16.3 percent in Q2, down from 19.2 percent in Q1, and was impacted by warranty charges and some fading regulatory credits. Consensus implies overall gross margin near 18 percent, but a miss here would potentially reinforce concerns about pricing pressure on its vehicles.
Pay attention to energy storage margins as well, especially since Tesla missed GWh expectations, although it was still a strong quarter.
Robotaxi/Cybercab, Unsupervised FSD, and Optimus Progress
The Say questions from retail investors usually focus on these types of projects, and this quarter is no different. Scaling the Cybercab fleet beyond Austin amid the open NHTSA safety review, timeline for Unsupervised FSD in customer cars, Robotaxi unit economics, and Optimus cost per unit plus when it could start generating revenue, are all things to be looking for.
Any concrete timelines or regulatory path details will likely move the stock more than the near-term numbers. SpaceX merger speculation, which was detailed during SpaceX’s earnings call last night, may also surface, although the key details were shared last night.
Elon Musk just confirmed the Tesla and SpaceX merger step everyone was waiting for
Say Investor Questions
- How does the Cybercab fleet scale past Austin, and what’s the regulatory path outside Texas given NHTSA’s open safety review?
- When can we anticipate FSD unsupervised in customer cars?
- When will the CyberCab be available for customer purchase/ownership?
- What’s the unit economics per paid robotaxi mile, and how does it compare to the thirty-cent target?
- Tesla has acknowledged that HW3 vehicles cannot support unsupervised FSD. When will owners know whether they can upgrade their hardware for free, and when will Tesla provide a clear plan?
The full Earnings Call will be streamed this evening after market close around 5 p.m. this evening.
SpaceX confirmed the date of Starship’s 15th launch window with some massive ambitions for the mission, as it will attempt to catch Ship for the first time.
CEO Elon Musk confirmed during SpaceX’s Earnings Call last night on October 20 that it would launch Starship for its 15th test flight in November, and there are some incredible things the company wants to try, making it perhaps the most groundbreaking launch in the program’s history.
SpaceX delivers blockbuster Q3 results as Super Intelligence segment booms
The most major development of the call was SpaceX’s intention to catch Ship alongside catching the Super Heavy Booster, something that has happened in the past. SpaceX showed an animation of the Ship catch, which will be done on the launch tower’s chopsticks:
SpaceX has released a new Starship tower catch animation for the upcoming Flight 15! https://t.co/kStn01Da8u
— Truthful🛰️ (@Truthful_ast) October 20, 2026
This monumental goal is to catch both the Ship and Booster in a dual-catch scenario, an incredible feat since SpaceX has never been able to reuse a Ship after launch. Musk said it would be “the first time that an orbital launch vehicle has been fully recovered,” and said it would be a “profound technology milestone.”
Musk said the odds of success on this first Ship catch attempt are “more likely than not,” but SpaceX is ultimately prepared for more tries moving forward. The SpaceX frontman said that, starting next year, Starship would have a “steady stream” of flights through the end of the year.
The cadence will accelerate in 2027, with Musk stating the company plans to target weekly flights in the first half of 2027 and twice-weekly by year-end.
The Flight 15 attempt follows that of Flight 14, which took off in late September and was Starship’s first orbital mission. It deployed 26 Starlink V3 satellites, accomplished a controlled ocean splashdown of both stages, and shed more light on potential challenges for the program moving forward.
As of now, the Starship program is firing on all cylinders.
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Wall Street analysts rapidly raised price targets on SpaceX (NASDAQ: SPCX) after the company reported a bullish third quarter for 2026 following the market close on October 20. Shares were sent sharply higher in after-hours and premarket trading.
SpaceX posted revenue of $14.6 billion, a 161 percent year-over-year increase that comfortably topped consensus estimates, which fell near $12.7 billion. The company also posted a net profit of $4.4 billion from a prior-year loss, with adjusted EBITDA reaching $8.8 billion.
More price target movement:
🚀 Cantor Fitzgerald lifted its target to $345 from $246 (Overweight).
🚀 Barclays raised its target to $300 from $254 (Overweight).
🚀 Citi increased its target to $240 from $200 (Buy),
🚀 UBS moved to $230 from $210 (Buy)
🚀TD Cowen raised its target to $224 from $200 (Buy).
🚀Morgan Stanley held an Overweight rating with a $300 target.
🚀Other firms also adjusted higher, including Wells Fargo (to $274 from $214) and Clear Street (to $248 from $217). Analysts broadly cited the strong quarterly print, accelerating AI compute expansion, Starlink progress, and Starship milestones as drivers of higher long-term growth and earnings power.— TESLARATI (@Teslarati) October 21, 2026
Its Super Intelligence (AI) division generated roughly $7.6 billion and became the largest revenue contributor, growing nearly 830 percent year-over-year, while the Connectivity segment delivered $5.2 billion on strong subscriber additions that lifted the consumer base to 13.6 million for Starlink.
The Earnings Call proved especially catalytic, as CEO Elon Musk and CFO Bret Johnsen outlined Q1 2027 revenue guidance of $33 billion to $37 billion, which was far above the roughly $22 billion analysts had modeled, alongside fourth-quarter capital-expenditure plans of $35 billion to $40 billion focused on AI compute infrastructure at sites including Memphis and Southaven.
SpaceX delivers blockbuster Q3 results as Super Intelligence segment booms
Management targets 2.5 to 3 gigawatts of nameplate compute capacity by year-end and discussed pathways to 13 gigawatts or more by the end of 2027. Musk described relentless demand from hyperscalers and other customers, with compute pricing supporting payback periods of less than a year and potentially as short as six months.
Additional highlights included Starship’s recent orbital success and V3 satellite deployment, Starlink pricing and enterprise momentum, rapid Grok Bot adoption, spectrum expansion plans, and the formation of special committees to explore a possible combination with Tesla.
These elements prompted a wave of price-target increases:
- JPMorgan more than doubled its target to $500 from $240 while maintaining an Overweight rating.
- Cantor Fitzgerald lifted its target to $345 from $246 (Overweight).
- Barclays raised its target to $300 from $254 (Overweight).
- Citi increased its target to $240 from $200 (Buy),
- UBS moved to $230 from $210 (Buy), and
- TD Cowen raised its target to $224 from $200 (Buy).
- Morgan Stanley held an Overweight rating with a $300 target.
- Other firms also adjusted higher, including Wells Fargo (to $274 from $214) and Clear Street (to $248 from $217). Analysts broadly cited the strong quarterly print, accelerating AI compute expansion, Starlink progress, and Starship milestones as drivers of higher long-term growth and earnings power.
Shares, which closed at $147.79 on October 20, jumped roughly 8 percent in early premarket trading on October 21 as investors digested the results and the newly elevated Street targets.
The average analyst price target has moved higher, which reflects greater conviction in SpaceX’s trajectory across launch, connectivity, and the Super Intelligence business, even as elevated spending remains a point of focus.
Tesla reports Q3 Earnings today: here’s what to expect
SpaceX confirms Starship 15 launch window with massive ambitions
SpaceX stock gets a slew of price target boosts after bullish earnings call
SpaceX reveals how its 1 Million AI satellite network will work and prevent space collisions
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