SpaceX
SpaceX’s Starship prototype moved to launch pad on new rocket transporter
Over the last two or so weeks, SpaceX engineers and technicians have continued to make progress on the company’s first full-scale Starship prototype, intended to support experimental suborbital hop tests as early as March or April.
That work reached a peak on March 8th when the massive Starhopper was transported from build site to launch pad on a brand new transporter that was delivered and assembled barely 48 hours prior. Ahead of the suborbital prototype’s move, work has been ongoing to construct a replacement fairing for the partial-fidelity vehicle, although there is a chance that the new BFR-related stainless steel sections being assembled could be the start of the first orbital Starship prototype.
Required after improper planning destroyed Starship’s original nosecone (or fairing) when it broke free from its insufficient moorings during high coastal winds, the replacement has sprouted from sheets of metal into a far more substantial structure in barely two weeks. Designed as two integral parts of a suborbital Starship prototype, the upper section (i.e. fairing, nosecone, etc.) is predominately a passive aerodynamic structure with no major active functions, thankfully meaning that the first article’s accidental destruction was a relatively minor loss.
In fact, it’s entirely possible that the fairing’s demise has had a minimal impact on the commencement of hop tests, and may have even been a net-good for the program given some visible differences between Starship fairings #1 and #2. Despite the fact that the first fairing was destroyed in late January and a comment from CEO Elon Musk indicating that it would trigger a delay of a few weeks, SpaceX did not begin to assemble its replacement until February 21st, a full month later. Over the course of those 30 or so days, the company’s propulsion team simultaneously began hot-fire tests of the first full-scale Raptor engine, ramped thrust and chamber pressure from roughly 40 to 100 percent, and ultimately pushed the engine to the point of damage around the second week of February.
Work on the primary structure of the Starship prototype also proceeded apace, fleshing out the brute-force steel vehicle with the beginnings of serious avionics and plumbing and more or less completing the structure of its liquid oxygen and methane propellant tanks. SpaceX workers also rapidly expanded and built-out Starship’s prospective hop test launch pad just a few thousand feet distant, installing tank farms, piping, water deluge hardware, and building an actual concrete ‘pad’ with umbilical connection ports and attachment points for the ship’s three fin-legs.
Welding and assembly of the replacement nosecone began around February 21st, rapidly growing from a few sheets of steel to a nearly-complete barrel section measuring about 9m tall and 9m in diameter (30ft x 30ft). Intriguingly, the new fairing appears to be a significant departure from the structural composition of its predecessor, utilizing far thicker sheets of stainless steel joined by uninterrupted width and lengthwise welds. Compared to the first fairing’s dependence on extremely thin (nearly foil-like) steel sheets and a separate internal framework of metal bars, Starship fairing V2 appears to be easily capable of standing under its own weight and then some. While largely passive, it’s likely that once the structure is complete, some level of additional avionics (and perhaps cold or hot-gas maneuvering thrusters) will be installed inside.
Heres a close up of the launch site. pic.twitter.com/Q32SHjUH8F— RGVAerialPhotography (@RGVaerialphotos) March 4, 2019
U-Crawl
Keeping in the practice of dramatically lowering costs by prioritizing consumer off-the-shelf (COTS) hardware solutions wherever possible, SpaceX has purchased or leased a quartet of (likely used) crawlers for the purpose of transporting Starship between the company’s South Texas build, launch, and landing sites. Built by a European conglomerate known TII Group and owned by US-based Roll Group, SpaceX’s four crawlers – coupled to form a duo of larger crawlers – should be more than capable of transporting anywhere from 500t to 1000t or more, easily supporting Starhopper and/or Starships and Super Heavy boosters.
Rather than spending huge amounts of money to develop or contract out a custom-designed crawler or transporter solution for BFR, SpaceX appears to have simply purchased off-the-shelf hardware and affixed them with heavy steel structures capable of securing and supporting Starhopper during transport. Within 24 hours of the crawler arrivals, those beams were installed and the transporter had been moved underneath Starhopper and attached to it before quite literally jacking the massive ship off the ground, allowing technicians to weld additional structures to the tips of its three legs.
Last but not least…
Perhaps most curious of all, Starhopper’s replacement fairing was recently joined by the start of work on a separate barrel section that appears to be nearly identical. Assuming the presumed fairing is, in fact, a fairing-to-be, the combined height of the two barrel sections would already make it significantly taller than the original nosecone, and the beginning of the conical taper has yet to appear on either assembly. This could generally mean one of two things. First, the new fairing could make Starhopper much taller than its short-lived predecessor. Second, SpaceX could be planning to begin (or even complete) hop tests without a fairing, in which case the presumed fairing and its slightly younger twin could actually be the beginning of a higher-fidelity Starhopper or even the orbital Starship prototype hinted at by Musk earlier this year.
While far less likely than the first option, the latter alternative is further supported by the fact that visible work has begun on some sort of tapered or curved steel complements to the new sections in work. While they certainly could be the beginning of the fairing’s tapered cone, the latest segments only loosely resemble the start of a gradual curve. Instead, they look similar to the steel segments of several giant tank domes that were assembled, welded, and installed inside Starhopper last month.
On March 8th, SpaceX began the transport of its first full-scale Starship prototype at the same time as CEO Elon Musk indicated that the first flightworthy Raptor(s) would be delivered to South Texas and installed on the hop test article as early as next week (March 11-17). It’s now looking increasingly likely that any replacement fairing that may or may not be under construction might not be ready for installation on Starhopper before SpaceX begins integrated static-fire tests and maybe even low-altitude tethered hop tests.
“SpaceX will conduct checkouts of the newly installed ground systems and perform a short static fire test in the days ahead,” he said. “Although the prototype is designed to perform sub-orbital flights, or hops, powered by the SpaceX Raptor engine, the vehicle will be tethered during initial testing and hops will not be visible from offsite. SpaceX will establish a safety zone perimeter in coordination with local enforcement and signage will be in place to alert the community prior to the testing.” – James Gleeson, March 8th, SpaceX
Check out Teslarati’s Marketplace! We offer Tesla accessories, including for the Tesla Cybertruck and Tesla Model 3.
Investor's Corner
Tesla and SpaceX to merge in 2027, Wall Street analyst predicts
The move, Ives argues, is no longer a distant possibility but a logical next step, fueled by deepening operational ties, shared AI ambitions, and Elon Musk’s vision for dominating the next era of technology.
Tesla and SpaceX are two of Elon Musk’s most popular and notable companies, but a new note from one Wall Street analyst claims the two companies will become one sometime next year, as 2027 could see the dawn of a new horizon.
In a bold new research note, Wedbush analyst Dan Ives has reaffirmed his long-standing prediction: Tesla and SpaceX will merge in 2027.
The move, Ives argues, is no longer a distant possibility but a logical next step, fueled by deepening operational ties, shared AI ambitions, and Elon Musk’s vision for dominating the next era of technology.
He writes:
“Still Expect Tesla and SpaceX to Merge in 2027. We continue to believe that SpaceX and Tesla will eventually merge into one company in 2027 with the groundwork already in place for both operations to become one organization. Tesla already owns a stake in SpaceX after the company’s $2 billion investment in xAI got converted to SpaceX shares following SpaceX’s acquisition of xAI earlier this year initially tying both of Musk’s ventures closer together but still represents <1% of SpaceX’s expected valuation. The recent announcement of a joint Terafab facility between SpaceX and Tesla further ties both operations together making it more feasible to merge operations given the now existing overlap being built out across the two with this the first step.”
The groundwork is already being laid. Earlier this year, SpaceX acquired xAI, converting Tesla’s $2 billion investment in the AI startup into a small equity stake, less than 1 percent, in SpaceX.
Regulatory filings cleared the transaction in March 2026, formally linking the two Musk-led companies financially for the first time. Then came the announcement of a joint TERAFAB facility in Austin, Texas: two advanced chip factories, one dedicated to Tesla’s AI needs for vehicles and Optimus robots, the other targeting space-based data centers.
Elon Musk launches TERAFAB: The $25B Tesla-SpaceXAI chip factory that will rewire the AI industry
Ives calls Terafab the “first step” toward full operational integration.
SpaceX’s impending IPO, expected as soon as mid-June 2026, will turbocharge these plans. The company aims to raise approximately $75 billion at a roughly $1.75 trillion valuation, far exceeding earlier estimates.
Proceeds will fund Starship rocket flights, a NASA-contracted lunar base, expanded Starlink services across maritime, aviation, and direct-to-mobile applications, and crucially, orbital AI infrastructure
A major driver is the exploding demand for AI compute. U.S. data centers are projected to consume 470 TWh of electricity by 2030, constrained by power grids and land.
🚨 Wedbush’s Dan Ives says that Tesla and SpaceX will merge in 2027. SpaceX will IPO soon, his new note says:
“According to media reports, SpaceX could file a prospectus for an IPO imminently with the goal of raising ~$75 billion above the prior expectation of ~$50 billion…
— TESLARATI (@Teslarati) March 27, 2026
SpaceX’s strategy, launching millions of solar-powered satellites to host data centers in orbit, bypasses Earth’s energy bottlenecks. Solar energy captured in space avoids atmospheric losses and day-night cycles, offering a scalable solution for AI training and inference.
The xAI acquisition ties directly into this vision, positioning the combined entity as a leader in extraterrestrial computing.
The merger would create a formidable conglomerate spanning electric vehicles, robotics, satellite communications, human spaceflight, and defense.
Ives highlights SpaceX’s role in the Trump administration’s “Golden Dome” missile defense shield, which would leverage Starlink satellites for tracking.
For Tesla, access to SpaceX’s launch cadence and orbital assets could accelerate autonomous driving, Robotaxi fleets, and Optimus deployment.
Musk, who has signaled his desire to own roughly 25 percent of Tesla to steer its AI future, views the combination as essential to overcoming fragmented regulatory scrutiny from the FTC and DOJ.
Challenges remain. Antitrust hurdles could delay or reshape the deal, and shareholder approvals on both sides would be required. Yet Ives remains bullish, maintaining an Outperform rating on Tesla with a $600 price target, implying substantial upside from current levels. The analyst sees the merger as the “holy grail” for consolidating Musk’s disruptive tech empire.
If realized, a 2027 Tesla-SpaceX union would not only reshape corporate boundaries but redefine humanity’s trajectory in AI and space exploration. It would mark the moment two pioneering companies become one unstoppable force, pushing the limits of what’s possible on Earth and beyond.
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.
Will Tesla join the fold? Predicting a triple merger with SpaceX and xAI
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.
![Tesla drives drunk owner, Police arrest on DUI [Credit: Vacaville Police via Facebook]](https://www.teslarati.com/wp-content/uploads/2026/03/tesla-fsd-drunk-driver-dui-arrest-e1774678014371-80x80.jpg)
Tesla drives drunk owner while he naps, Police still arrest him on DUI
Tesla Semi is already winning over truck drivers
Tesla and SpaceX to merge in 2027, Wall Street analyst predicts
Elon Musk says Tesla is developing a new vehicle: ‘Way cooler than a minivan’
Elon Musk launches TERAFAB: The $25B Tesla-SpaceXAI chip factory that will rewire the AI industry
