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Elon Musk: SpaceX’s first orbital Starship launch “highly likely” in Q1 2023
SpaceX’s first Starship orbital launch mount (OLM) appears to have passed a busy week of stress-testing, clearing the way for the company to transport a finished Super Heavy booster to the pad.
Using the same launch mount, that Starship booster is expected to attempt to complete some of the riskiest and most challenging tests SpaceX has ever conducted at its Starbase rocket development facilities. The schedule for that testing is unclear, but after an unusually drawn-out period of qualification testing, Super Heavy Booster 7 (B7) could soon attempt a full static fire test of all 33 of its Raptor 2 engines. Either before or after that crucial test, SpaceX is also expected to install Ship 24 (S24) on top of Super Heavy B7 for Starship’s first full-stack “wet dress rehearsal.”
Ultimately, if that testing produces the results SpaceX wants to see, CEO Elon Musk says that Starship could attempt its first orbital launch as early as late February or March 2023.
We have a real shot at late February. March launch attempt appears highly likely.— Elon Musk (@elonmusk) January 8, 2023
The update that's rolling out to the fleet makes full use of the front and rear steering travel to minimize turning circle. In this case a reduction of 1.6 feet just over the air— Wes (@wmorrill3) April 16, 2024
Booster 7
Super Heavy B7 first left SpaceX’s Starbase factory in March 2022 and has been in a continuous flux of testing, repairs, upgrades, and more testing in the nine months since. The 69-meter-tall (~225 ft), 9-meter-wide (~30 ft) steel rocket was severely damaged at least twice in April and July, requiring weeks of substantial repairs. But neither instance permanently crippled the Starship booster, and Booster 7 testing has been cautious but largely successful since the rocket’s last close call.
Following its return to the OLS in early August, Super Heavy B7 has completed six static fire tests of anywhere from one to fourteen of its 33 Raptor engines. It has almost certainly dethroned Falcon Heavy to become the most powerful SpaceX rocket ever tested. And on January 8th, 2023, SpaceX rolled the rocket back to Starbase’s orbital launch site (OLS) for the seventh time. According to statements made by CEO Elon Musk and a presentation from a NASA official, the last major standalone test between Booster 7 and flight readiness is a full 33-engine static fire. Together, B7’s 33 Raptor 2 engines could produce up to 7600 tons (16.7 million lbf) of thrust at sea level, likely making Starship the most powerful rocket stage in the history of spaceflight.
Ship 24
Starship prototype S24’s path has been a bit less rocky. The ship has needed some less obvious repairs, particularly right after its first tests in May 2022. Since August 2022, Ship 24 has completed three static fire tests – all seemingly successful. Most importantly, one of those tests ignited all six of S24’s Raptor engines, potentially qualifying it for an orbital launch attempt. Most recently, SpaceX completed a series of mysterious repairs, replaced and static-fired one of S24’s engines, and removed the Starship from its test stand.
With Booster 7 now awaiting installation on Starbase’s orbital launch mount and Ship 24 near-simultaneously removed from its test stand, it appears that SpaceX may attempt a different test before Super Heavy’s full static fire. Instead, SpaceX could start by stacking Ship 24 and Booster 7 and conducting a full-stack wet dress rehearsal (WDR) before shifting focus to Booster 7’s riskier static fire.
A wet dress rehearsal is a routine test conducted before a rocket launch and is generally designed to simulate every aspect of a launch save for engine ignition and liftoff. Most importantly, that involves fully filling the rocket with propellant and passing all of the checks the same rocket would need to pass to be cleared for launch. For Starship, the largest rocket ever built, a full propellant load means filling both stages with an extraordinary ~5000 tons of liquid oxygen and liquid methane propellant. SpaceX also needs to fill the rocket fast enough to keep that propellant supercool, which increases its density and overall performance.
The first full-stack WDR will thus test Starbase’s launch facilities just as much as Booster 7 and Ship 24. SpaceX has conducted many several Starship WDRs, but not with Ship 24. It’s also never fully filled a Super Heavy booster with real propellant, let alone both stages at once. It’s likely that issues will be discovered as SpaceX pushes the envelope, likely requiring multiple attempts.
OLS
In the spirit of caution, SpaceX has even taken the unusual step of stress-testing Starship’s orbital launch mount with a custom jig. In the first week of 2023, SpaceX used that jig to load pairs of the OLM’s 20 hold-down clamps with hundreds of tons of ballast, ensuring that they can withstand the immense weight of a fully-fueled Starship. Proof tests of Super Heavy B4 and B7 have likely subjected the OLM to 2000+ tons of force, but a full Starship will weigh more than double the maximum weight the OLM has experienced to date.
Plenty of risk remains and SpaceX is trading speed for caution, but this extra-cautious step has likely reduced the risk of the launch mount’s structure failing during wet-dress and static fire testing. According to Musk, SpaceX has a “real shot” at preparing Starship for a “late February” orbital launch attempt. Nonetheless, Musk also implied that a full-stack WDR and 33-engine static fire would “probably” be completed “in a few weeks” in September 2022. What is clear is that SpaceX is more committed than ever before to avoiding a catastrophic failure during Starship’s first orbital launch attempt.
In the world of autonomous ride-hailing, there are only a handful of names. Among those few companies lies a strategy play by each to keep the opposition on their toes. Tesla, on the other hand, already tipped its hand at where it is headed next.
Tesla has signaled its next major push in the autonomous ride-hailing market by filing for an Autonomous Vehicle Network Company permit in Nevada (Docket 26-05015). Through Tesla Robotaxi, LLC, the company seeks approval to operate up to 5,000 robotaxis in Clark County, including high-traffic areas like Las Vegas and Henderson airports, within the first 12 months of launch.
This filing builds on Tesla’s earlier testing approvals from the Nevada DMV in September 2025 and preparations such as maintenance hubs in the Las Vegas area. Nevada represents a strategic expansion into a major tourist destination, where high visitor volumes could drive strong utilization and showcase the reliability of unsupervised autonomy to a broad audience.
We’d have to assume this means Tesla is targeting Las Vegas, and it’s a great move from a business perspective.
Vegas is such a melting pot of people from all around the country and the world. It will expose people from all corners of the globe to Tesla’s autonomy capabilities https://t.co/Qz3fQmhULF pic.twitter.com/Du5pj2RyWC
— TESLARATI (@Teslarati) June 6, 2026
Approval would mark a significant step toward commercial operations in a new state, following progress in Texas.
Tesla’s shareholder decks and earnings calls have clearly outlined these ambitions. In the Q4 2025 shareholder deck, the company listed planned Robotaxi coverage for the first half of 2026, explicitly naming Las Vegas alongside Phoenix, Miami, Orlando, and Tampa, with Dallas and Houston already advancing. Austin was noted as “ramping unsupervised,” while the Bay Area remained in safety-driver mode.
By Q1 2026, the deck updated statuses to reflect launches in Dallas and Houston, with “preparations underway” for the remaining cities, including Las Vegas. Paid Robotaxi miles nearly doubled sequentially in Q1, underscoring momentum even as broader timelines adjusted slightly for regulatory and operational readiness.
On earnings calls, CEO Elon Musk and executives have emphasized a phased rollout prioritizing safety. Unsupervised operations in Texas have shown strong results with no reported accidents or injuries in the program. Tesla continues groundwork in additional major U.S. metros through testing and permitting, positioning it to scale quickly once approvals clear.
This Nevada move aligns with Tesla’s vision of transforming from an EV maker into an AI and robotics leader. The forthcoming Cybercab, which started production at Giga Texas in April, is expected to eventually dominate the fleet, replacing many Model Y vehicles and driving down costs to enable affordable rides.
For investors and the industry, this signals Tesla’s intent to dominate key Sun Belt and tourist markets where weather, regulations, and demand favor rapid scaling. Success in Las Vegas could validate the model for denser urban and high-tourism environments, accelerating the shift toward a future where robotaxis generate meaningful revenue.
Las Vegas will also expand knowledge among the general public at Tesla’s capabilities, helping people experience driverless ride-hailing from several companies during their time on The Strip.
The Tesla Model 3’s cheapest trim level just got a major accolade, as Edmunds just revealed the Rear-Wheel-Drive trim of the all-electric sedan is the most efficient EV that is currently in production.
The 2026 Tesla Model 3 Rear-Wheel-Drive not only beat its EPA-estimated range by 30 miles, but it also bested its efficiency mark by 13.2 percent. The Model 3 tested by Edmunds traveled 393 miles, beating its EPA rating by 8.3 percent, while it returned 21.7 kWh per 100 miles, or 4.61 mi/kWh.
Beating those two metrics is especially pertinent when it comes to EV ownership and driving down the cost of ownership from ICE counterparts across the board. The real money savings come from driving down the cost of driving per mile, especially when it comes to high-mileage driving.
Edmunds stated in its report and review that the process it uses to test EV efficiency is aimed at giving “the most accurate representation of a car’s real-world range.” The assessment uses a strict route that features 60 percent city and 40 percent highway driving, and an average speed of 40 MPH across the trip.
It also drives each car within 5 MPH of all posted speed limits, and the climate control is set on Auto at 72 degrees to ensure even testing. In other words, Edmunds does not use methods to maximize efficiency, and instead tries to make it reasonable to achieve the same ratings yourself.
In comparison to other EVs, it beat the 2026 Mercedes-Benz CLA 350, which went 385 miles, as well as the 2026 Audi A6 Sportback E-tron Prestige AWD, which traveled 392 miles. Only the Mercedes-Benz CLA 250+ traveled farther, making it an impressive 434 miles on a charge.
However, the Tesla Model 3 RWD’s efficiency is “unmatched” because of its incredibly low energy usage per mile.
🚨 Tesla Model 3 RWD:
-At $36,990, it is $9,000 cheaper than the average transaction price for a new car ($46,023 via KBB)
-Was 13.2% more efficient than its EPA estimate
-Traveled 393 miles on a charge despite its 363-mile EPA range https://t.co/Grov2hXqpa pic.twitter.com/Zl8rnZZLIB
— TESLARATI (@Teslarati) June 8, 2026
The Model 3 Rear-Wheel-Drive might be the best bang-for-your-buck EV if you’re looking to buy new and want access to features like Full Self-Driving, while also being aware of efficiency. This trim of the Model 3 is also priced over $9,000 cheaper than what Kelley Blue Book says the average transactional price for a new car was in May 2026, which sits at $46,023.
If you’re looking for something with more speed, an All-Wheel-Drive drivetrain, or more premium features, the Premium trims of the Model 3 currently come with one year of Free Supercharging.
The Ontario Teachers’ Pension Plan (OTPP) stands to reap one of the most extraordinary returns in pension fund history thanks to a bold 2019 investment in SpaceX.
According to a recent report from The Globe and Mail, the Toronto-based fund invested roughly $300 million CAD (~$220 million USD at the time) in Elon Musk’s space company as its inaugural deal through the Teachers’ Innovation Platform.
At SpaceX’s anticipated $1.75 trillion IPO valuation, set for a mid-June debut on Nasdaq under ticker $SPCX, that stake could now be worth up to $11.6 billion USD. This would represent a roughly 50x return and easily become OTPP’s most successful single investment ever.
The fund manages $279 billion in assets for approximately 346,000 working and retired teachers in Ontario, potentially delivering an average boost of around $33,500 per member if fully realized.
SpaceX has filed its S-1 and plans to price shares at $135 each, aiming to raise a record $75 billion in what would be the largest IPO in history, surpassing Saudi Aramco. The company reported $18.67 billion in revenue for 2025, driven primarily by Starlink satellite internet growth and NASA contracts, though it continues to post significant losses tied to ambitious R&D in Starship and AI initiatives.
Important pieces moving forward include:
- Starlink Expansion: The satellite broadband service is scaling rapidly, targeting global connectivity, especially in underserved rural and remote areas. This segment offers massive recurring revenue potential as numbers climb.
- Starship and Reusability Leadership: SpaceX’s fully reusable Starship aims to slash launch costs dramatically, enabling frequent missions, Mars ambitions, and lucrative government/defense contracts. Success here could unlock exponential growth.
- AI and Diversification: Recent moves, including ties to xAI, position SpaceX in high-growth AI infrastructure, broadening beyond traditional aerospace.
- Validation Scrutiny: While the $1.75 trillion target excites investors, analysts like Morningstar value the company closer to $780 billion, citing high multiples (around 90x trailing revenue) and execution risks. A 180-day lockup period will prevent early investors like OTPP from selling immediately post-IPO.
The irony has not been lost on observers. Ontario’s government previously canceled a Starlink rural internet contract amid political tensions involving Musk, yet the pension fund’s savvy investment, made when SpaceX was valued around $33-36 billion, and Starlink was nascent, delivers outsized gains independent of politics.
For OTPP, this windfall strengthens its already solid 111 percent funding ratio and underscores the value of patient, innovation-focused capital allocation.
For SpaceX, the IPO marks a new chapter: greater transparency, access to public markets for talent retention and growth capital, and heightened pressure to deliver on its multi-planetary vision.
All eyes are fixed on whether SpaceX can justify its lofty valuation through sustained execution. For Ontario teachers, the returns are already stellar, but SpaceX, like other Musk companies in the past, has plenty of things to prove. Perhaps the most ideal person for the job is at the helm, hoping to bring the company to a massive valuation.
Tesla tipped its hand at where Robotaxi is heading next
Tesla Model 3’s cheapest trim just got a major accolade
