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Elon Musk talks upgrades after SpaceX Starship launches, explodes in midair
SpaceX has completed its fourth Starship test flight in as many months, offering the latest glimpse into the often frustrating reality of a highly iterative, hardware-rich rocket development program.
Right on schedule, SpaceX Starship prototype serial number 11 (SN11) lifted off from Boca Chica, Texas at exactly 8am CDT (UTC-5) – all but completely cloaked in a thick layer of fog. While unfortunate for any unofficial observers (and possibly SpaceX’s own desire to gather video footage of a test flight), SpaceX has experience launching rockets (namely Falcon 9) in thick fog thanks to its Vandenberg Air Force Base launch site on the California coast.
As such, fog theoretically poses no fundamental threat to rockets like Starship, but SN11 still took the opportunity to explore new and exciting failure modes shortly before touchdown. CEO Elon Musk himself didn’t take long to weigh in and has even offered some details and a schedule for upgrades planned for SpaceX’s next-generation launch vehicle – upgrades hoped to alleviate whatever issues led to Starship SN11’s premature demise.
First and foremost, due to the fog, the general public saw virtually nothing throughout the launch attempt. Remote streaming cameras set up near SpaceX’s launch facilities – now, excitingly, with the company’s own permission – did manage to catch some level of detail, providing the bare minimum level of insight needed to speculate on SN11’s failed landing attempt.
Per an official webcast and NASASpaceflight’s unofficial “Danger-Close Camera,” installed a few hundred feet from the launch site with SpaceX’s permission, Starship lifted off at exactly 8am and had a seemingly nominal ascent, reaching a familiar 10 km (6.2 mi) apogee around four minutes later. SN11 then arced over onto its belly and free-fell for ~100 seconds. Aside from a few intermittent fires burning on some of the rocket’s three Raptor engines, not an uncommon sight since SN8 first flew, nothing appeared particularly out of the ordinary.
At T+5:49, however, things rapidly went wrong. Still belly-down, Starship SN11 attempted to reignite all three of its Raptor engines to propulsively flip into a vertical landing position. After at least one seemingly successful reignition, SpaceX immediately lost onboard video and telemetry feeds. Based on NASASpaceflight’s pad-adjacent camera, a substantial explosion followed one or two seconds after that attempted ignition, ending Starship SN11’s test flight around 20 seconds earlier than any of its three late siblings.
Debris began to visibly hit the ground another 5-10 seconds after that explosion was first heard, all but guaranteeing that Starship SN11 exploded in midair. At this time, it’s impossible to know what exactly went wrong, but there are two clear possibilities. Starship SN11 could have failed to reignite two or even all three Raptor engines, triggering onboard flight termination system (FTS) explosives designed to prevent the rocket from straying beyond a safe zone of operations. More likely, Starship suffered a substantial failure during that reignition and flip attempt, triggering an almost immediate explosion that tore the rocket apart around half a kilometer (~1500 ft) above the pad and landing zone.
Shortly after, Musk said that Raptor “engine #2 had issues on ascent” that were notable but not enough to explain a violent midair failure and confirmed that whatever went wrong came “shortly after landing burn start.”
Musk offers Starship upgrade schedule, details
Having suffered a failure a bit less than six minutes after launch, Starship SN11 – the fourth three-engine, high-altitude prototype – was ironically the farthest from a successful landing before something went wrong: one step forward, two steps back. While unfortunate, SpaceX still got some amount of data and uncovered one or several new failure modes – arguably the two of the most important primary goals of any developmental flight test program.
Further, Musk revealed that SpaceX intends to complete and roll Starship SN15 to the launch pad just “a few days” from now – certainly earlier than expected. While the SpaceX CEO didn’t go much into detail, he reaffirmed that SN15 would bring substantial upgrades, stating that “it has hundreds of design improvements across structures, avionics/software, & engine[s].”
Musk also touched on SpaceX’s near-term plans after SN15’s upgrade path, confirming that Starship prototypes from SN20 onwards will be “orbit-capable” with even more improvements. That seemingly delineates three clear ‘blocks’ of Starship prototypes, beginning with SN8 through SN11, proceeding with SN15 through SN19, and (nominally) gearing up for true orbital-class test flights with prototype SN20 and its successors. All told, SN11’s midair demise appears likely to be just a small blip in front of a jam-packed, well-structured series of Starship upgrades and flight tests just over the horizon.
Elon Musk
Elon Musk calls out $2 trillion SpaceX IPO valuation as ‘BS’
In a swift rebuke on X, Elon Musk dismissed reports claiming SpaceX had confidentially filed for an initial public offering targeting a valuation above $2 trillion, labeling the information as unreliable.
Elon Musk is quick to call out any false information regarding him or his companies on his social media platform, known as X.
A recent report that claimed SpaceX was aiming to go public with an IPO in the coming weeks at a massive valuation of $2 trillion was called out by Musk, who referred to it as “BS.”
In a swift rebuke on X, Elon Musk dismissed reports claiming SpaceX had confidentially filed for an initial public offering targeting a valuation above $2 trillion, labeling the information as unreliable.
The exchange highlights ongoing media speculation about the rocket company’s future and Musk’s frustration with what he views as inaccurate financial reporting. The report came from Bloomberg.
Don’t believe everything you read.
Bloomberg publishes bs.
— Elon Musk (@elonmusk) April 3, 2026
The controversy erupted on April 2, 2026, when influencer Mario Nawfal amplified claims from Bloomberg.
The outlet posted that SpaceX had boosted its IPO target valuation above $2 trillion, describing it as potentially one of the largest public offerings in history. Musk challenged the story.
It echoes past instances where Musk has corrected valuation rumors about his companies, emphasizing that speculation often outpaces reality.
Background context adds nuance.
Earlier reports indicated SpaceX had filed confidential IPO paperwork with the U.S. Securities and Exchange Commission, potentially positioning it for a record-breaking debut that could eclipse Saudi Aramco’s 2019 listing.
Initial estimates pegged a possible valuation north of $1.75 trillion, building on a post-merger figure around $1.25 trillion after SpaceX absorbed xAI. A subsequent Bloomberg update claimed advisers were floating figures above $2 trillion to investors, with the offering potentially raising up to $75 billion.
SpaceX remains a private powerhouse. Its achievements include thousands of Starlink satellites providing global broadband, routine Falcon 9 rocket reusability, and a mission to slash launch costs, along with ambitions for Starship to enable Mars colonization.
The company also benefits from government contracts with NASA and the Department of Defense. A public listing could democratize access for retail investors while subjecting SpaceX to greater scrutiny and quarterly reporting pressures.
Critics of the reports point to the confidential nature of filings, which limits verifiable details. Musk has previously downplayed inflated valuations, once calling an $800 billion figure for SpaceX “too high.”
Supporters argue that hype around mega-IPOs, especially amid the ongoing AI fervor, fuels premature narratives that distract from core technical milestones, such as full Starship reusability and Starlink constellation expansion.
The incident reflects broader tensions in tech finance. Anonymous sourcing in valuation stories can drive market chatter and betting activity, yet it risks misinformation.
Bloomberg defended its reporting through multiple articles citing “people familiar with the matter,” but Musk’s blunt dismissal resonated widely on X, with users piling on to question media reliability.
Whether SpaceX ultimately goes public remains uncertain. Musk has teased an IPO tied to Starlink maturity, but priorities center on engineering breakthroughs over Wall Street timelines. For now, the $2 trillion figure joins a list of rumored milestones that Musk insists should be taken with skepticism.
Elon Musk
Elon Musk reveals date of SpaceX Starship v3’s maiden voyage
The announcement arrives after Flight 11 on October 13 of last year, which concluded a busy 2025 testing campaign. Since then, SpaceX has focused on ground testing, including cryoproofing of Ship 39 and preparations for Booster 19, the first V3 Super Heavy.
SpaceX CEO Elon Musk has revealed the timeline for the next Starship launch. It will be the first launch using SpaceX’s revamped design for Starship, as its v3 rocket will take its maiden voyage sooner than many might expect.
Musk announced on April 3 on X that the next Starship flight test, and the first flight of the upgraded v3 ship and booster, is 4 to 6 weeks away. The update signals the end of a nearly six-month hiatus since the program’s last launch.
Elon says the first V3 Starship launch will occur in 4-6 weeks
It will be the first Starship launch since Flight 11 on October 13, 2025 https://t.co/QnnYPTdbUu
— TESLARATI (@Teslarati) April 3, 2026
The upcoming mission, designated as Starship’s 12 integrated flight test (IFT-12), marks a significant milestone. It will be the debut of the v3 configuration, featuring a taller Super Heavy Booster and Starship upper stage. The changes SpaceX has made with the v3 rocket and booster are an increased propellant capacity and the more powerful Raptor 3 engines.
Earlier predictions from Musk in March had pointed to an April timeframe, but the latest timeline now targets a launch window in early to mid-May 2026.
The V3 iteration represents a substantial evolution from previous Starship prototypes. Engineers have optimized the design for improved manufacturability, higher thrust, and greater efficiency. Raptor 3 engines deliver significantly more power while reducing weight and production costs compared to earlier variants.
With these enhancements, SpaceX aims to boost payload capacity toward 200 metric tons to low Earth orbit in a fully reusable configuration — a dramatic leap from the roughly 35-ton target of prior versions. Such capabilities are critical for ambitious goals, including NASA’s Artemis lunar missions and eventual crewed flights to Mars.
The announcement arrives after Flight 11 on October 13 of last year, which concluded a busy 2025 testing campaign. Since then, SpaceX has focused on ground testing, including cryoproofing of Ship 39 and preparations for Booster 19, the first V3 Super Heavy.
Recent activities have involved static fires, activation of the new Pad 2 at Starbase in Boca Chica, Texas, and integration of Raptor 3 engines.
A prior incident with an early V3 booster on the test stand in late 2025 contributed to the delay, necessitating additional assembly and qualification work.
Musk’s timeline updates have become a hallmark of the Starship program, often described with characteristic optimism.
SpaceX’s Starship V3 is almost ready and it will change space travel forever
While past targets have occasionally shifted by weeks, the rapid iteration pace remains impressive. However, don’t be surprised if this timeline shifts again, as Musk has been overly optimistic in the past with not only launches, but products under his other companies, too.
SpaceX continues to refine launch infrastructure, including new propellant loading systems and tower mechanisms designed to support higher cadence operations. A successful V3 flight could pave the way for more frequent tests, tower catches of both booster and ship, and progression toward operational reusability.
The v3 debut is viewed as a transition point for Starship, moving beyond experimental flights toward a system capable of supporting large-scale deployment of Starlink satellites, lunar landers, and interplanetary transport.
Success on IFT-12 would demonstrate not only the new hardware’s performance but also SpaceX’s ability to recover from setbacks and maintain momentum.
As the 4-to-6-week countdown begins, anticipation builds at Starbase. Teams are finalizing vehicle stacking, conducting final pre-flight checks, and preparing for regulatory approvals. The world will be watching to see if Starship V3 can deliver on its promise of transforming humanity’s access to space.
Elon Musk
SpaceX to launch military missile tracking satellites through new Space Force contract
SpaceX wins a $178.5M Space Force contract to launch missile tracking satellites starting in 2027.
The U.S. Space Force awarded SpaceX a $178.5 million task order on April 1, 2026 to launch missile tracking satellites for the Space Development Agency. The contract, designated SDA-4, covers two Falcon 9 launches beginning in Q3 2027, one from Cape Canaveral Space Force Station in Florida and one from Vandenberg Space Force Base in California. The satellites, built by Sierra Space, are designed to bolster the nation’s ability to detect and track missile threats from orbit.
The award falls under the National Security Space Launch Phase 3 Lane 1 program, which Space Force uses to move payloads to orbit on faster timelines and at more competitive prices. “Our Lane 1 contract affords us the flexibility to deliver satellites for our customers, like SDA, more easily and faster than ever before to all the orbits our satellites need to reach,” said Col. Matt Flahive, SSC’s system program director for Launch Acquisition, in the official press release.
SpaceX is quietly becoming the U.S. Military’s only reliable rocket
The SDA-4 contract is the latest in a long string of national security wins for SpaceX. As Teslarati reported last month, the Space Force recently shifted a GPS III satellite launch from ULA’s Vulcan rocket to SpaceX’s Falcon 9 after a significant Vulcan booster anomaly grounded ULA’s military missions indefinitely. That move made it four consecutive GPS III satellites transferred to SpaceX after contracts were originally awarded to its competitor.
This didn’t come without a fight and dates back years. SpaceX originally had to sue the Air Force in 2014 for the right to compete for national security launches, at a time when United Launch Alliance held a near monopoly on the market. Since then, the company has steadily displaced ULA as the dominant provider, and last year the Space Force confirmed SpaceX would handle approximately 60 percent of all Phase 3 launches through 2032, worth close to $6 billion.
With missile defense satellites now part of its launch manifest alongside GPS, communications, and reconnaissance payloads, SpaceX is giving hungry investors something to chew on before its imminent IPO.
Elon Musk calls out $2 trillion SpaceX IPO valuation as ‘BS’
Elon Musk reveals date of SpaceX Starship v3’s maiden voyage
