News
SpaceX’s Starship rocket just took a big leap towards orbit with latest test success
A full-scale Starship rocket has passed a critical test for the first time ever, strongly suggesting that the next-generation launch vehicle could be much closer to orbital readiness than most would imagine.
To be clear, a huge amount of work remains before Starship can be deemed anywhere close to its first orbital flight tests, not the least of which is the fabrication and assembly of the first massive Super Heavy booster(s). However, after Starship SN4’s latest successful May 9th test, it’s hard to see any apparent showstoppers that can’t be handled with a combination of fairly routine testing and iterative progress, as well as time and money. There is certainly room for improvement throughout the program but SpaceX has effectively demonstrated that the biggest practical concerns about its approach to Starship are moot.
Captured live on May 9th and 10th by local resident and photographer Mary (bocachicagal) with the help of NASASpaceflight.com, SpaceX worked for about two days to reconfigure its fourth full-scale Starship prototype after two successful Raptor engine static fires and prepare it for a different kind of test. That work mainly involved removing said Raptor and replacing it with a hydraulic ram stand used to simulate the thrust of 1-3 engines without actually needing to perform a static fire test, further allowing SpaceX to simulate much longer engine operations than its spartan test pad could survive. Around 9pm CDT on May 9th (02:00 UTC, May 10), Starship SN4’s latest trial began.
Known as a cryogenic pressure and load test, it differed from a prior “cryo proof test” completed on April 26th, in which Starship was fully loaded with liquid nitrogen (more than twice as cold as dry ice), pressurized to a bit less than 5 bar (~70 psi), and stressed with hydraulic rams. About a week later, after installing a Raptor engine on a full-scale Starship prototype for the first time ever, Starship SN4 fired up said engine on May 5th – another historic first for the next-generation launch vehicle. 30 hours later, SpaceX performed another wet dress rehearsal (WDR) with liquid methane and oxygen and fired up Starship’s Raptor engine again.
After about 48 hours of reconfiguration, SpaceX moved on to a much more serious cryogenic test. As noted by CEO Elon Musk, the 4.9 bar the rocket previously reached was accepted as enough to perform a Raptor static fire test and possibly enough for a low-stress, low-altitude flight test to ~150m (500 ft). For orbital flight, however, Starship needs to withstand a minimum of 6 bar (~90 psi), while 8.5 bar (125 psi) is preferable to give the rocket the 1.4x safety factor optimal for human spaceflight.
This time, SpaceX – having successfully gathered data from two static fire tests and several wet dress rehearsals – was ready to risk Starship SN4 and pressurized it all the way to 7.5 bar (~110 psi). While ~12% shy of minimum human spaceflight standards, Starship SN4 successfully reached and maintained 7.5 bar while the ship stressed with hydraulic rams to simulate the thrust of three Raptor engines, all of which it survived fully intact. What 7.5 bar does offer, however, is a 1.25x safety factor – on the higher end of aerospace industry standards for uncrewed orbital spaceflight (i.e. cargo/satellite launches).
Ready for orbit?
Technically, this means that – pending much additional testing and verification with different serial prototypes and (likely) higher pressures – Starship’s stainless steel structure is effectively qualified for uncrewed orbital launches. Of course, reality is much more complex. To actually perform and survive orbital flights, SpaceX will first need to build and similarly qualify the first Super Heavy boosters and ensure that those unprecedentedly large rockets can survive and sustain ~20-30 Raptor engines firing simultaneously.
Aside from Super Heavy, it’s unknown if SpaceX has begun testing Raptor engines at the durations they will need to burn to booster Starships into orbit (TBD; likely 5-10 minutes of continuous operation). Along those lines, SpaceX also needs to build, test, and qualify Raptor’s vacuum-optimized sibling to complement the sea level version’s smaller, less-efficient nozzle. Still, Musk has already revealed that RaptorVac could be a matter of weeks from its first static fire and rocket engine development – while incredibly challenging – is more of a known quantity for SpaceX.
Perhaps the most important unknown is whether SpaceX’s recent May 2020 WDRs and static fires have used autogenous pressurization, a more efficient method of pressurizing rockets by using hot gas generated by their own engines. It’s extremely likely that SpaceX has been autogenously pressurizing Starship SN4 for its recent tests, but if that weren’t the case, it would be a big source of schedule uncertainty without significant redesign work.
Ultimately, SpaceX appears to have proven that orbital-class rockets can be built cheaply out of commodified steel in extraordinarily spartan production facilities. Many, many challenges remain but the biggest uncertainty and hurdle facing SpaceX’s Starship program and ambitions is well on its way to being fully put to rest.
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, Tennessee.
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
