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SpaceX’s second Starship hop imminent after Raptor static fire test
SpaceX has successfully fired up a new Starship prototype’s Raptor engine, putting the company on track for its second Starship hop test as soon as this week.
The milestone comes not long after SpaceX Starship serial number 6 (SN6) completed its first cryogenic proof, a pressure test with liquid nitrogen (LN2) used to safely verify the structural integrity of tanks (and rockets, in particular). Measuring 9m (30 ft) wide and some 30m (~100 ft) tall, SpaceX rolled Starship SN6 from its Boca Chica, Texas factory to a nearby test and launch facility on August 11th and wrapped up its first acceptance test on August 16th.
Now, just seven days after its cryo proof, SpaceX has installed a new Raptor engine (SN29), prepared SN6 for a much riskier round of tests, and completed a static fire with said engine, leaving just one major step between the Starship and its hop debut. Of course, the process still had its fair share of hiccups.
SpaceX’s first SN6 static fire test window – published by Cameron County in the form of road closure notices – was set for 8 am to 8 pm CDT (UTC-5), August 23rd a few days after the Starship’s cryo proof. The first test attempt began around 9:30 am but was aborted soon after as SpaceX employees returned to the launch pad to (presumably) troubleshoot. The second attempt began around 2:30 pm, leaving a little less than half the test window available.
Attempt #2 very nearly managed to extract a static fire, aborting possibly a second or less before Raptor ignition around 3:41 pm. Once again, SpaceX teams returned to the pad after Starship was detanked and safed, briefly inspecting the general location of the rocket’s Raptor engine before once again clearing the pad around 6:30 pm. At long last, Starship SN6 began a smooth and fast flow that culminated in the ignition of Raptor SN29 around 7:45 pm, just 15 minutes before the end of SpaceX’s test window.
As with all SpaceX static fires, engineers must still analyze the data produced – and possibly inspect pad or rocket hardware – to verify vehicle health before proceeding into launch operations. Unlike all other SpaceX static fires, the company doesn’t announce the results of those tests – nor the solidified launch window – during prototype development programs. In the context of iterative aerospace development, while there may be such a thing as a “good” or “bad” test, all tests – as long as they’re performed safely and produce a large quantity of usable data – are essentially successful.
As such, it’s likely for the best that SpaceX doesn’t put the public focus on the “success” of any given test. Still, it means that unofficial educated guesses are typically the only way to determine the results of any given test and how those results impact the next steps. For SN6, the very broad-strokes conclusions one can draw from unofficial livestreams suggest that the Starship’s first Raptor static fire was a success. Assuming that the unknown cause(s) of the day’s two prior aborts were minor and easily rectified, SpaceX is likely exactly on schedule for Starship SN6’s first hop attempt.
SN6’s first flight is expected to be an almost identical copy of Starship SN5’s highly successful August 4th debut, following the same 150m (~500 ft) parabolic trajectory. Filed before SN6’s August 23rd static fire, SpaceX has penciled in Friday, August 28th for Starship SN6’s own hop debut. Thanks to the fact that SpaceX was able to complete both SN6’s cryo proof and static fire on the first day of their respective test windows, August 28th is likely well within reach. Stay tuned for updates as Starship SN6’s hop debut schedule solidifies.
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Investor's Corner
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
Tesla short seller Michael Burry, the subject of the film “The Big Short,” where he was portrayed by Steve Carell, has revealed he has opened a new bet against the stock.
In a new update to his Substack newsletter in a post titled “Trading Post June 30, 2026,” Burry revealed a new set of bets against Tesla, Caterpillar, NVIDIA, Applied Materials Inc., and the iShares Semiconductor ETF.
In regard to Tesla, Burry wrote:
“And finally I shorted Tesla at 416.22. Happy it jumped back to this level.”
This means Burry likely opened his new short position after the company’s recent rally on Wall Street, which saw Tesla shares sink in mid-May, only to recover to well over the $400 mark. Currently, shares trade at around $427.
The company saw a big Tuesday as shares climbed considerably, over 10 percent. The size of the Tesla short was not provided, nor did Burry give any information on the position’s structure, the number of shares, dollar value, or whether options were used in the short.
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Over the years, Burry has been one of the more vocal critics of Tesla, calling its share price “media inflated,” and saying it was “ridiculously overvalued” as recently as December.
The company has largely transitioned away from being known as an automotive company and instead is much more widely regarded as an AI play, mostly due to its Full Self-Driving efforts, Optimus robot development, and data collection related to both.
This has not pulled those skeptics away from being vocal about their distaste for how Tesla is valued, but there’s no denying that the company is a global force in many things, including sustainable energy, automotive, and AI.
Wedbush Securities is initiating stock coverage on SpaceX (NASDAQ: SPCX), marking the first comments on the company since it went public several weeks ago. Wedbush and its analyst handling coverage, Dan Ives, are widely bullish on fellow Musk company Tesla (NASDAQ: TSLA).
Ives wrote his first note initiating coverage of SpaceX shares on Wednesday with a $190 price target and an ‘Outperform’ rating. The firm believes the company is well positioned off of its IPO because of its wide array of projects, including AI compute power and infrastructure, connectivity projects, and launches.
“We view SpaceX as one of the most differentiated assets within the tech market with a strong footprint across its three core markets, with Starlink driving success with connectivity,” Ives wrote, “Starship launches leading to a demand flywheel and increasing deal flow for its Colossus clusters.”
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Wedbush leans heavily on Starlink, which they say is the “profitability driver given the strength of its recurring revenue base of ~12 million subscribers as of June 5th.” Ives believes Starlink is still in the “early innings” of penetrating the global telecommunications and broadband market, as it only holds less than a 1 percent share. However, this number is sure to increase over time.
It also highlights the importance of Starship, which it says is an “essential layer” of SpaceX’s overall success. SpaceX developing and displaying the ability to reuse rockets is a major cost and reliability advantage “as it reduces the necessary hardware launch costs while generating a feedback loop for future flights to improve their launch flight rate without accelerating capex spend.”
Finally, SpaceX’s recent AI/Compute projects are also very elementary, Ives writes. It is worth mentioning Wedbush said its $190 price target is derived from a valuation forecast that sees the company yielding roughly $2.48 trillion of implied enterprise value.
There are also some factors that Wedbush did not take into account with its initial coverage. The firm wrote in the note:
“We note that there is optional value coming from Starship’s accelerating scale towards sub-$200/kg unit economics, orbital data centers, and enterprise AI monetization as these factors could drive meaningful upside but these face major hurdles, so we do not take that into account with our valuation.”
SpaceX shares are down just over 2 percent today, trading at around $167 at the time of publication.
Tesla has expanded the footprint of a massive safety feature worldwide with a recent Software Update labeled as 2026.20.6. The expansion of the “Blind Spot Warning While Parked” feature represents the more widespread availability of the feature, which aims to prevent “dooring.”
Dooring is when a driver or passenger opens a car door into the path of an oncoming road user, usually a cyclist or motorcyclist. It is among the most common types of cycling accidents, the League of American Bicyclists says.
For this reason, Tesla created a feature that warns occupants not to open the door because an object is approaching. The feature will sound a chime, and it will also delay the opening of the door to prevent an incident.
The release notes state (via Not a Tesla App):
“If you attempt to open a door while an approaching object is detected in your blind spot (for example, a bicyclist approaching from behind) a chime sounds, and your door will not open upon initial button press. Wait a short time and press the button a second time to override the warning.”
Tesla initially rolled out this feature back in 2024 with the Model 3 “Highland.” However, it remained with the Model 3 exclusively for over a year; that was until Tesla added it to the Cybertruck this past Spring.
Now, it is making its way to the new Model Y, 2021 and newer Model S, and 2021 or newer Model X.
The prevention of dooring incidents could eliminate many injuries to cyclists, especially in an urban setting. Dooring accounts for 10-20 percent of bike-related crashes in major cities, and over 17,000 dooring-related incidents were treated in the U.S. over the course of a decade. These usually involve fractures, contusions, and head trauma.
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
SpaceX gets initial stock coverage from Tesla’s biggest bull
