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SpaceX files Starship flight debut paperwork, preps for launch pad upgrades
On September 9th, the first signs of SpaceX planning for Starship Mk1’s South Texas launch debut appeared in the form of FCC applications, requesting permission to communicate with the rocket prototype during its first flight.
Simultaneously, word broke on September 5th – via a Business Insider report – that SpaceX is effectively set to receive FAA permission to upgrade its South Texas launch facilities for Starship. All things considered, it appears that most – if not all – the stars have begun to align for SpaceX’s inaugural Starship launch, said by CEO Elon Musk to be scheduled for no earlier than October 2019.
The application confirms several details about Starship Mk1’s debut, revealing that SpaceX will kick off the test campaign with a running jump from Starhopper’s 150m (500 ft) flight-test hand-off. The company is targeting an altitude of ~20 km (12.5 mi) – more than two magnitudes higher than its predecessor’s peak – and plans to land the spacecraft just a hundred or so feet from its launch site, on the same landing pad used by Starhopper.
SpaceX teams continue to work around the clock to ready Starship Mk1 for its ambitious flight debut. A new ring segment was stacked on top of the vehicle’s tank section several days ago, while locals also spotted the delivery of one or two new legs/fins, built out of riveted steel. SpaceX’s Boca Chica team continues to struggle to attach Starship’s tip to the rest of its curved nose section, having recently separated the segments for the first time in months.
Preliminary welding of Starship Mk1’s upper (and final) tank dome appears to be complete and technicians are working to integrate the spacecraft’s internal hardware before it can be installed. Meanwhile, a range of new concrete pads have been set and are being outfitted with additional production hardware, likely paving the way for simultaneously Starship-Starship or Starship-Super Heavy builds in the near future.
Documents acquired and published on September 5th by Business Insider reporter Dave Mosher touched on the assembly facility’s expansion and provided an excellent overview of SpaceX’s planned upgrades to its Starship launch pad. Retasked from original plans (and approvals) for an additional Falcon 9/Falcon Heavy launch site, the documents confirmed that the FAA has reevaluated its 2014 Environmental Impact Statement (EIS) and is effectively ready to re-permit SpaceX’s Boca Chica facilities in light of its new purpose.
About as classically SpaceX as it gets, the company has already dramatically altered plans and timelines since the FAA even began to reevaluate its launch pad EIS. Discussed as Phases 1-3, SpaceX – barely two months after the FAA’s updated EIS statement – appears to have already completed Phases 1 and 2 (wet dress rehearsals, static fires, and small hops) and doesn’t have public plans for “medium hops” of “30 cm…up to 3 km”. The FAA statement – signed in May 2019 – says that the agency did not have the information necessary to permit Phase 3, involving “engine ignition and thrust to lift the Starship to 100 km, flip the Starship at high altitude, and conduct a reentry and landing.“
This article’s feature photo shows SpaceX’s late-2018/early-2019 imagining of launch site upgrades reportedly needed to support Phase 2 testing. Although extremely similar to what SpaceX has already built in South Texas, some significant changes are definitely present, and it looks like SpaceX has a busy 4-8 weeks of work ahead to complete necessary modifications, including expanded propellant storage, two large walls, and possible underground routing of critical infrastructure.
Ultimately, significant work remains for SpaceX to receive both FAA’s EIS go-ahead and experimental launch permits for Starship Mk1’s first flight. Based on the ~3 weeks it took the FAA to simply extend Starhopper’s existing 25m hop permit to 200m (eventually cut to 150m), it could be quite the uphill battle to jump to a 20 km flight test. For the time being, SpaceX hopes to conduct Starship’s 20-km flight debut as early as October 13th, in line with Musk’s ambitious “October” target.
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Elon Musk
SpaceX (SPCX) IPO is live today at $135: Here’s exactly what you need to know
SpaceX priced its historic IPO at $135 per share today, raising a record $75 billion.
SpaceX officially priced its initial public offering at $135 per share, offering 555,555,555 shares of Class A common stock and raising $75 billion in what is the largest IPO in stock market history. Shares are set to begin trading on the Nasdaq Global Select Market on Friday, June 12, under the ticker symbol SPCX. The previous record holder was Saudi Aramco’s 2019 offering at $29 billion, followed by Alibaba’s $22 billion offering in 2014.
At $135 per share and roughly 555.6 million shares, the implied valuation sits near $1.75 trillion, which would make SpaceX roughly the seventh largest company in the United States, just above Tesla’s current market cap. Regular investors can request shares at the IPO price through Robinhood, Fidelity, Charles Schwab, SoFi, and E*TRADE, though the deal is heavily oversubscribed and most retail allocations will be partial or unfilled. Once trading opens June 12, anyone with a brokerage account can buy SPCX on the open market.
SpaceX’s amended S-1 is sparking a major Tesla merger conversation
The valuation is anchored primarily by Starlink. Starlink crossed 10 million subscribers as of February 2026 and is adding 750,000 to 1.5 million new users per month, with the connectivity segment already posting a $1.19 billion profit last quarter. The offering also bundles in xAI following SpaceX’s all-stock merger earlier this year, adding Grok and the Colossus supercomputer to the investment thesis. As Teslarati reported, Starlink ended 2025 with $10 billion in revenue, a figure analysts project could reach $24 billion by end of 2026.
Wedbush analyst Dan Ives has been vocal in his support. “I think the time is right,” Ives said, adding that the offering expands the Elon Musk ecosystem rather than competing with Tesla. An average 12-month price target of $165 per share represents roughly 22% upside from the IPO price. Not everyone agrees – Motley Fool noted xAI is spending $1 billion per month playing catch-up to OpenAI and Anthropic.
Musk founded SpaceX in 2002 with a single stated purpose. “Elon founded SpaceX with a goal to change humanity, to make us a multi-planet species,” CFO Bret Johnsen said in the company’s retail roadshow video this week. Musk himself has been more direct: “We are building the systems and technologies necessary to provide global connectivity on Earth and beyond, to understand the true nature of the universe, and to extend the light of consciousness to the stars.”
Investor's Corner
Tesla unfolded its first European “folding Supercharger”
Tesla’s folding Supercharger just arrived in Europe and it changes how fast charging expands.
Tesla’s Folding Unit Supercharger has officially landed in Europe, with the company teasing a new installation in its effort for a broader rollout targeting major motorway rest stops across the European continent in Q3 2026. The arrival marks a notable shift in how Tesla is thinking about network expansion, moving from hardware performance alone to engineering the logistics chain itself.
While Tesla did not reveal the exact location for the new folding Supercharger in Europe, the photo shared on X heavily suggests that this maybe somewhere in Norway. Historically, whenever Tesla rolls out an entirely new infrastructure architecture in Europe, whether it was the original Supercharger stalls years ago or these brand-new modular V4 “Folding Units”, Norway is almost always the designated launch pad because of its unmatched EV adoption rate and supportive infrastructure
The Folding Unit, introduced in March 2026, is a factory pre-assembled V4 charging station built on an industrial hinge system mounted to a heavy-duty concrete base. The entire assembly arrives on site ready to unfold and connect. Tesla confirmed the units feature telescopic light poles specifically designed for easy transportation and fast on-site deployment, a detail that signals how carefully the logistics chain has been engineered alongside the hardware itself. The design allows 33% more stalls per delivery truck, cuts installation time roughly in half, and reduces overall deployment costs by more than 20% compared to traditional installations.
Tesla’s newest “Folding V4 Superchargers” are key to its most aggressive expansion yet
Tesla also noted telescopic light poles which provide benefits over traditional Supercharger installations that require fixed-height poles that are awkward to ship, slow to position on site, and often require separate crews and equipment to erect before charging hardware can even be staged. By engineering poles that compress for transit and extend on arrival, Tesla has removed one of the quieter bottlenecks in the physical deployment process. Every hour saved on a light pole installation is an hour redirected toward getting stalls energized. At scale, across dozens of new sites per quarter, those hours add up to a meaningful acceleration in how quickly a location goes from approved permit to serving its first customer.
Each Folding Unit pairs a single V4 power cabinet with eight charging posts. The V4 cabinet delivers up to 500 kW per stall for passenger vehicles and up to 1.2 MW for the Tesla Semi, supporting twice the stalls per cabinet at three times the power density of its predecessor. Longer cables make every new station immediately usable by non-Tesla vehicles, a priority as Tesla continues opening its network to Ford, GM, Rivian, Hyundai, Stellantis, and others.
As Teslarati reported when the Folding Unit was first unveiled, Tesla’s Gigafactory New York produced its final V3 Supercharger cabinet in March 2026 after more than seven years and 15,000 units, completing a full pivot to V4 production. The European arrival of the folding design is the next chapter in that transition.
Faster and cheaper deployment means Tesla can justify building in markets and corridors that were previously too expensive to serve, filling the coverage gaps that have slowed EV adoption outside major urban centers.
First Folding Unit Superchargers in Europe 🇪🇺 https://t.co/KNfYWJukkL pic.twitter.com/YR1udIpH1i
— Tesla Charging (@TeslaCharging) June 10, 2026
Tesla has stunned by gaining yet another approval for its Full Self-Driving suite in Europe, its second in two days and its fifth overall.
Belgium will be the latest country to allow Tesla owners to utilize FSD on public roads in Europe, joining a quickly growing list that started with the Netherlands, Lithuania, and Estonia.
On Tuesday, Denmark announced its approval of the FSD suite, which has now been followed by Belgium just one day later.
The country’s Minister of Mobility, Annick De Ridder, announced the approval on her X account, stating that she had just signed the approval of Tesla FSD. It now goes to the country’s homologation department for the last step of the approval process.
De @Tesla community houdt hier al geruime tijd de vinger aan de pols over de toelating voor de FSD-technologie op onze Vlaamse en Belgische wegen.
Uit waardering voor jullie niet-aflatende interesse (en aanmoediging 😉), krijgen jullie hierbij de primeur: ik heb net de toelating… pic.twitter.com/Yrps4OHTj8— Annick De Ridder (@AnnickDeRidder) June 10, 2026
The Belgian approval is one of mighty importance because it truly shows how quickly countries in Europe could greenlight the FSD suite consecutively. Approvals are already coming in relatively quickly, which is a great sign.
Perhaps the next big development that could come from FSD approvals in Europe is an approval from a country like England, Italy, France, Spain, or Germany. It would be something to see how FSD would perform in a major European metro, such as London, Barcelona, Madrid, Paris, Rome, or Berlin.
Getting Full Self-Driving in Spain and England will be such huge milestones for Tesla. I am so excited to see how FSD performs in Madrid, Barcelona, and London, specifically.
The ultimate test will always be Mumbai or New Delhi. Excited for India’s eventual approval! https://t.co/paw9Ch1qmL pic.twitter.com/9RdDERVSSJ
— TESLARATI (@Teslarati) June 9, 2026
Full Self-Driving does an excellent job of roaming around major U.S. cities like New York and Los Angeles, but other high-profile international cities of significance would truly mark a line in the sand for Tesla, which can simply enable any vehicle in its customer-owned fleet to run FSD with the correct approvals.
SpaceX (SPCX) IPO is live today at $135: Here’s exactly what you need to know
Tesla unfolded its first European “folding Supercharger”
