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SpaceX Starship Mk1’s most important tests yet could begin just hours from now
SpaceX’s South Texas Starship Mk1 prototype is on the verge of kicking off a critical period of ground tests, ranging from tank pressurization and propellant loading to the rocket’s first triple-Raptor engine static fire. The campaign could begin soon – perhaps as soon as later today, in fact.
Over the last two weeks, SpaceX’s South Texas team has faced bad winter weather, among the many other challenges associated with building giant rockets almost entirely out in the elements. Nevertheless, company technicians and engineers continue to check off task after task along the path towards Starship Mk1 completion, the next-generation launch vehicle’s first full-scale, high-fidelity prototype.
In the month of November alone, SpaceX has (re)installed Starship Mk1’s nose and aft section flaps (this time outfitted with heavy-duty actuator mechanisms), nearly completed the process of routing and integrating the vehicle’s external liquid and gas plumbing, and more or less finished a barebones launch mount. Starship Mk1 was snugly attached atop that launch mount around the start of the month and workers have continuously swarmed around the rocket and pad in scissor and boom lifts and ever since, closing out umbilical connections, insulating cryogenic propellant pipes, and much, much more.
Within the last week or so, SpaceX has apparently also begun the process of expanding its presence around its existing Boca Chica pad facilities, where Starship Mk1 is preparing for testing. The purpose of that expansion is unclear, but the first phase – extending the existing square landing pad – is essentially complete and will presumably give Starship Mk1 a better chance of successfully landing in the event that its first skydiver-style landing attempt is not as accurate as predicted.
Based on official renders/mockups in SpaceX’s updated 2019 launch animation, it could also eventually become the foundation of a much more permanent integration and processing hangar, much like the hangars that SpaceX uses to integrate Falcon 9 and Heavy at its Florida and California launch sites. It could even be the foundation for a dramatically larger Super Heavy-class launch mount and water-cooled flame deflector like the one shown in that same video. For now, Starship Mk1 will begin testing (and presumably first flights) off of a minimal steel mount that was built up from almost nothing in barely two months.
No nose, no problem?
As previously discussed on Teslarati, the testing Starship Mk1 is preparing for could take a number of routes to completion, but all of those routes will likely involve several main events. First, SpaceX may or may not decide to do a preliminary tank proof test with neutral (i.e. non-explosive) liquid nitrogen, which would verify the structural integrity and determine if there are leaks in what is essentially a building-sized pressure vessel.
SpaceX may instead skip that – it would require a vast and unwieldy quantity of liquid nitrogen – and move directly into the first cryogenic propellant loading test, in which SpaceX would attempt to fully fill Starship’s tanks with liquid oxygen and liquid methane. Assuming Starship Mk1 is 1:1 scale, that could involve as much as 1200 metric tons (2,650,000 lbs) of propellant, more than twice as much fuel as a Falcon 9.
In other words, Starship’s inaugural propellant loading attempt will be almost at the same scale as Falcon Heavy’s, which took several attempts, broke some hardware, and was a major learning experience and challenge on its own. A structural failure or explosion could be absolutely catastrophic, as those ~1200 tons of fuel and oxidizer could act as a massive bomb under the right conditions.
According to road closure notices published by Cameron County, SpaceX is expected to begin operations that require road closures as early as November 18th from noon to 8 pm CST, with backups on the 19th and 20th. Another window opens on the 25th at the same time, with backups on the 26th and 27th. To be clear, there is no official word that SpaceX actually means to start cryogenic ground testing with Starship Mk1 today, but it’s not necessarily out of the question.
Whenever SpaceX does decide to start Starship Mk1 ground testing, it will be an immensely important milestone, signifying the start of the period that will essentially determine whether SpaceX’s deeply unusual manufacturing methods can build a structurally-sound, high-performance rocket prototype for pennies on the dollar. In simple terms, if Starship Mk1 behaves as planned, commercial spaceflight may never be the same.
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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”
