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SpaceX Starship Integrated Flight Test 2: What to Expect
After a one-day delay to replace a failed grid fin actuator, SpaceX is now less than 24 hours from the second test flight of Starship. SpaceX will have a 20-minute launch window that opens at 7:00 AM CT (13:00 UTC).
Making this test flight is Ship 25 and Booster 9. Ship 25 is powered by 6 Raptor engines (3 sea level and 3 vacuum), and Booster 9 is powered by 33 Raptor engines.
Booster 9 features many upgrades over the last booster to take flight, including better engine shielding and a switch from hydraulic thrust vector controls to electric TVC. Ship 25 didn’t see as many upgrades as the booster, and not much has been shared of any major changes that were made. One change to both vehicles was the improvement of the Flight Termination System, which took much longer to destroy the rocket than expected during the first test.
Launch Day
T minus 2 hours before the scheduled liftoff, the SpaceX launch director will give the go for propellant loading. This process will begin at t minus 1 hour and 37 minutes, and at this point, Booster 9 will begin loading with both liquid oxygen and liquid methane.
T minus 1 hour and 17 minutes, liquid methane will begin loading onto Ship 25, followed by liquid oxygen 4 minutes later at t minus 1 hour and 13 minutes.
T minus 19 minutes and 40 seconds, the 39 Raptor engines on Booster 9 and Ship 25 will begin chilling to prepare for the extremely cold fuel to flow through and prevent thermal shock to engine hardware.
T minus 10 seconds, the flame deflector installed after the first IFT will begin flowing water.
Super Heavy Booster 9 static fire successfully lit all 33 Raptor engines, with all but two running for the full duration. Congratulations to the SpaceX team on this exciting milestone! pic.twitter.com/1hzs768vHg
— SpaceX (@SpaceX) August 25, 2023
T minus 3 seconds, Raptor engine ignition begins, and thrust begins to build to allow for liftoff.
LIFT OFF!
T+ 2 seconds, the 2nd Integrated Flight Test should now be officially underway, with Booster 9 thundering away from the orbital launch mount.
Liftoff from Starbase pic.twitter.com/rgpc2XO7Z9
— SpaceX (@SpaceX) April 20, 2023
T+ 52 seconds, Starship and Booster 9 reach Max Q, the area of maximum dynamic pressure on the vehicle will occur here. If (or most) all Raptor engines on Booster 9 are performing nominally, the vehicle will pass through this fairly quickly.
T+ 2 minutes and 39 seconds, Staging. This will be the first time SpaceX has ever attempted hot staging. Almost all of Booster 9 engines will cut out, and Ship 25 will ignite its Raptor engines to separate from the booster. This is all unknown territory from this point on for SpaceX, as the first test flight did not make it this far. SpaceX has yet to clarify how many Ship 25 engines will ignite during this process.
If all goes well, Booster 9 will begin its flip and boost backburn at t+ 2 minutes and 53 seconds, which will last ~54 seconds. Unlike the Falcon 9, the booster is not designed to perform an entry burn.
T+ 6 minutes and 30 seconds after lift-off, Booster 9 will begin its landing burn for a hopeful soft touchdown in the Gulf of Mexico 18 seconds after landing burn ignition. The planned landing area is ~20 miles (32 km) downrange.
Meanwhile, Ship 25 will continue burning its 6 Raptor engines until t+ 8 minutes and 33 seconds, inserted into a sub-orbital trajectory, and then enter a coast phase until its planned reentry North of the Hawaiian islands.
Landing!
At t+ 1 hour and 17 minutes, Starship will begin feeling the effects of the atmosphere, its first real test for the heatshield. If it survives atmospheric entry, Starship will splash down in the Pacific Ocean at t+ 1 hour and 30 minutes after lift off. SpaceX has said Ship 25 will not attempt a landing burn during this test.
If Starship is able to make it past staging, SpaceX will most likely consider this test a success, but it would be a major accomplishment for Ship 25 to survive entry back through the atmosphere and gather important data for the company.
If you have a chance to make it to South Texas or even the other side of the Rio Grande in Mexico, it’ll be a sight you’ll never forget. If you’re watching from home, SpaceX will begin streaming the launch on X and their website 35 minutes before lift-off.
Questions or comments? Shoot me an email at rangle@teslarati.com, or Tweet me @RDAnglePhoto.
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, Mississippi.
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
