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SpaceX Starship prototype speeding towards launch pad for first Raptor engine tests
SpaceX continues to build full-scale Starship hardware at a jaw-dropping pace, testing the limits of rocket production to complete the fifth full-scale prototype in three months and prepare the ship for its first Raptor engine ignition tests.
This time around, SpaceX CEO Elon Musk is fairly confident that the latest Starship prototype – known as serial number 3 (SN3) – has the best chance yet of becoming the first full-scale ship to pass acceptance tests and kick off a Raptor engine static fire campaign. A step further, if said static fires go according to plan, Starship SN3 could become the first full-scale vehicle of its kind to perform controlled flight tests.
Starship SN3 will thus attempt to follow in the footsteps of Starhopper and hopefully avoid an unintentional launch debut similar to the one that destroyed Starship SN1 earlier this month. A successful Starship flight test powered by three Raptor engines would be a major bode of confidence in the upgraded rocket factory SpaceX is building in South Texas. Musk recently made it clear that setting up the machine that builds the machine is currently just as important as individual Starship tests. Thankfully, given that SpaceX is already managing to build colossal rocket prototypes in a matter of weeks for what has to be pennies on the dollar, all with a team of just a few hundred people, the next Starship test campaign is likely just a week or two away.
On March 9th, Musk revealed that the Starship SN2 prototype – an incomplete tank repurposed for specific testing – had passed a proof test with flying colors. SN2’s brief test campaign managed to prove that SpaceX had already fixed the weak point believed to have destroyed Starship SN1 less than two weeks prior. Featuring a redesigned engine section and thrust structure (or “thrust puck,” per Musk), the Starship SN2 test tank survived pressure testing and even made it through engine thrust simulations with the help of an industrial-scale hydraulic jack.
While the tank passed its tests looking no worse for wear, the last-second design changes SpaceX had to make to rapidly perform thrust structure verification testing made it impossible to repurpose for any alternative use. Starship SN2 has thus been relegated to the scrapyard, a technical necessity but also a sign of both the program’s high rate of progress and low prototype cost. SpaceX’s Boca Chica factory has already more or less completed a new engine section for Starship SN3 and is probably just a day or two away from integrating it with the rest of the steel vehicle.
Less than three days after SpaceX’s brand new vehicle assembly building (VAB) had a single, small Starship section sat inside it, two additional sections of Starship SN3’s tank section departed their fabrication tents and were stacked on March 18th. Less than a day later, the third segment of the rocket’s tank section capped off the two that were stacked the day before. Once those three stacked sections are fully welded together to form a single, cohesive piece of steel, it will need to be stacked atop the aft tank dome and thrust structure to effectively complete Starship SN3’s tank section.
After all four sections are joined, technicians will need to install a few internal parts, but most remaining work mainly involves running wiring and plumbing for power, communications, propellant management, and pressurization. More likely than not, SpaceX replicate its Starship Mk1 and SN1 testing strategy and bring Starship SN3’s tank section to the launch pad for proof testing as soon as outfitting is complete. If the rocket passes proof testing, SpaceX can – for the first time – install functional Raptor engines on a full-scale Starship prototype and begin a crucial wet dress rehearsal (WDR) and static fire test campaign.
At the current rate of progress, SpaceX could easily be ready to transport Starship SN3 to the pad within the next week, give or take. Stay tuned for updates as the company works to quickly finish SN3 integration and move onto the testing phase.
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Tesla is atop the American-Made Index from Cars.com for the sixth-straight year, as the Model 3 and Model Y took the top two spots, respectively.
Last year, the Model 3, Model Y, Model S, and Model X took the top four spots, respectively. The company has routinely performed well in the Index. However, Tesla discontinued its flagship Model S and Model X earlier this year, which took the two cars out of the ranking.
Cybertruck is not considered due to its curb weight being above the 8,500-pound threshold, which eliminates it from being required to have more detailed assembly information.
Cars.com uses five main categories to develop its rankings:
- Location(s) of final assembly
- Percentage of U.S. and Canadian parts
- Countries of origin for all available engines
- Countries of origin for all available transmissions
- U.S. manufacturing workforce
These five major factors are then put into a 100-point scale. The vehicles with the highest scores sit atop the list. The Model 3 edged out the Model Y.
🇺🇸 The Tesla Model 3 and Tesla Model Y have been put atop the American-Made Index from https://t.co/PXZ0g1pPb6, meaning they are the most American vehicles you can possibly buy.
This is the SIXTH-STRAIGHT year a Tesla has been listed as the most American-made vehicle: pic.twitter.com/HyraOmaxSL
— TESLARATI (@Teslarati) June 23, 2026
Tesla uses a strong domestic strategy to build its cars and parts domestically. It relies on intense vertical integration that reduces its dependence on global suppliers, keeping more value and jobs in the United States.
This strategy has helped Tesla gain a strong reputation for domestically produced vehicles and parts. However, it helps it with more than just awards like this one. Keeping a supply chain local has also helped insulate Tesla more than others from tariffs and supply chain disruptions.
This year’s American-Made Index from Cars.com studied nearly 400 vehicles from the 2026 model year. Tesla was the only manufacturer to have an EV inside the Top 10. The Kia EV9 was the next EV to make the list, scoring the 17th position.
The Hyundai IONIQ 5 was 21st, and the final EV to make the list was the Cadillac LYRIQ in 77th.
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.
Tesla tops American-Made Index for sixth-consecutive year
Tesla finally clarifies fatal Texas crash, confirms driver manually overrode acceleration
