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SpaceX aces Starship static fire days after NASA astronaut visit
Update: Around 9am CDT (UTC-5), SpaceX successfully fired up Starship serial number 11’s (SN11) three Raptor engines, completing the static fire test on the first try of the day and just two hours into in Monday’s eight-hour window.
As far as three-engine Starship static fires go, SN11’s Monday test was about as smooth and clean as they come, boding extremely well for a launch attempt as early as either Tuesday or Wednesday, according to Temporary Flight Restrictions (TFRs) filed with the FAA. With flight termination system (FTS) explosive charges already installed and an FAA license in hand, all that stands between Starship SN11 and flight is a deeper static fire review and the cooperation of local weather conditions. Stay tuned for updates!
A group of NASA astronauts appear to have taken an agency-sanctioned trip down to SpaceX’s Boca Chica Starship facilities, including a visit with a prototype scheduled to fire up and launch as early as this week.
Seemingly in lockstep with the accelerating pace of Starship production and testing, the frequency of NASA astronaut visits to SpaceX’s South Texas facilities has also seen an uptick over the last six or so months.
Back in 2019, SpaceX built Starhopper, performed numerous tests with early Raptor engine prototypes, and performed two untethered hops. With that success in hand, SpaceX turned its focus to Starship Mk1 and suffered an almost immediate failure during pressure testing, encouraging a series of rapid manufacturing upgrades largely completed in just a few months’ time.
In 2020, SpaceX pushed those new facilities to the limits while continuing major expansions. In 12 months, SpaceX built and tested five small ‘test tanks’ and six full Starship tank sections, performed almost a dozen Raptor static fires with that hardware, hopped two of those tanks (SN5 & SN6) to 150m, fully integrated the first full-height Starship (SN8), and nearly landed that vehicle after an otherwise flawless 12.5 km (7.8 mi) launch and descent.
Back in 2019, NASA inked its first monetary Starship contract with SpaceX, awarding $3M to prototype a coupling mechanism Starships will need to dock and refuel in space. In April 2020, NASA revealed that SpaceX – with its Starship launch vehicle – was one of three finalists selected to compete for a Human Landing System (HLS) Moon lander contract, providing the company $135M of the full $970M award to begin preliminary design and certification work.
Around five months later, a group of NASA astronauts made their first public visit to SpaceX’s Starship development hub in South Texas, overflying the factory and launch pad in training jets on a routine sortie out of Houston and Johnson Space Center. Days later, SpaceX won a $53M NASA “Tipping Point” contract to demonstrate large-scale cryogenic propellant transfer with a Starship prototype.
Ultimately, excluding rock-solid commercial crew and cargo partnerships, NASA’s relationship with SpaceX and the company’s Starship appears to be growing stronger every day. While it’s hard to say just how indicative of that growth the visible attention of NASA’s astronaut corps is, it’s worth taking note of what those same astronauts aren’t (publicly) overflying, visiting, and touring – namely factories, R&D facilities, or prototype hardware of HLS competitors Dynetics and Blue Origin.
Delayed by about a week, SpaceX is currently preparing to fire up its fourth full-size Starship prototype – SN11 – for the first time as early as Monday, March 22nd, 19 days after Starship SN10 briefly landed in one piece. SpaceX has filed temporary flight restrictions (TFRs) with the FAA for SN11’s 10 km (6.2 mi) launch debut from Tuesday through Friday, leaving plenty of opportunities for a launch this week if the rocket can successfully test its three Raptor engines by Wednesday.
Elon Musk
Tesla CEO Elon Musk reminds everyone about Roadster’s true meaning
Tesla CEO Elon Musk took to his social media platform X on Sunday to remind everyone that the Roadster’s true meaning is not about company growth or adding dollars to shareholders’ pockets. Sometimes, you just do things because you can.
Following the Roadster’s epic unveiling event last Thursday, skeptics and critics of the company or the project itself came out to say that the vehicle is a pointless project because it is not geared toward growing the company, delivering supreme margins for profitability, nor does it contribute to the big picture of Artificial/Super Intelligence.
But that’s just the thing: Roadster is not meant to be some shareholder dream; it’s meant to be a vehicle that people buy just because it is something awesome, unique, and the first of its kind.
Tesla Roadster: Three configs, one can fly, 0-60 in 0.8 seconds
Musk had to remind those who are skeptical about the Roadster’s importance to the company mission that while it is not a major contributor to Tesla’s long-term goals, it is something that is being built just because it can be:
“Optimus and Cybercab will be the vast majority of Tesla’s value. The only things that will scale to incredible size (K2 and beyond) economically are super intelligence, robots, solar power, and mass to space. And, of course, if you have the first two, the rest will follow. But Roadster is super cool, so we’re doing it anyway.”
Musk has said on many occasions that Optimus would be the project that would make up the vast majority of Tesla’s value in the coming years.
Robotics will be a major focus of Tesla over the coming years, especially as Musk believes Optimus will enable work to be optional for humans and will enable what he calls “High Universal Income.”
Optimus and Cybercab will be the vast majority of Tesla’s value.
The only things that will scale to incredible size (K2 and beyond) economically are super intelligence, robots, solar power and mass to space.
And, of course, if you have the first two, the rest will follow.
But Roadster is super cool, so we’re doing it anyway.
— Elon Musk (@elonmusk) October 18, 2026
Cybercab will be a passive income opportunity for owners, Musk and Tesla have said for a very long time, as a fleet of self-driving vehicles will operate within a ride-hailing Robotaxi service that won’t require a human driver to be present.
Tesla investors are more than enthusiastic about the company’s future projects, at least from a general consensus perspective. However, it is important to note that the Roadster is a fun and cool project that pushes the boundaries of what people thought was possible for an automobile.
What we saw last week was the first true example of a flying car, and despite the backlash about how it might not contribute to Tesla’s grand ambitions, it’s okay to have fun sometimes, too.
Investor's Corner
SpaceX’s biggest earnings test yet lands Tuesday, and Tesla shareholders should be watching
SpaceX reports earnings Tuesday as Wall Street watches AI spending, Starlink growth and Tesla merger
SpaceX reports third quarter results after the market closes Tuesday, with a webcast at 4:30 p.m. ET streamed on X, and Tesla follows a day later. Bloomberg consensus, cited by Pepperstone, calls for revenue of $12.89 billion, adjusted EBITDA of $6.62 billion and adjusted EPS near $0.15. That would be about 65% growth from the second quarter and SpaceX’s first profitable quarter since its IPO. Analysts expect roughly $6.4 billion from AI and $4.9 billion from Starlink, which is projected to reach 14.3 million consumer subscribers. Capital spending is forecast at $19.6 billion, leaving free cash flow near negative $11.6 billion.
The numbers matter because SpaceX has spent months trying to win over a skeptical market. It priced its record IPO at $135, spiked to $225.64, then sank near $105 in early August. Friday’s close of $146.03 sits about 28% below the June high. The Q2 report beat on revenue at $7.8 billion and put Starlink at 12 million subscribers, but $18.4 billion of capex hurt the stock. Since then SpaceX reached orbit on Starship Flight 14 with 26 Starlink V3 satellites, agreed to buy 800 MHz spectrum for about $8 billion as part of its Starlink Mobile push, and signed a fourth compute hosting deal in four months worth roughly $13 billion a year from December. Management is targeting more than 2 gigawatts of compute by year end and a $100 billion annualized revenue run rate. Evercore ISI, which raised its target to $275, said the quarter may be judged more on those targets than the reported figures
All of this sits under the Tesla merger question. Barclays analyst Dan Levy expects an all stock deal in which SpaceX buys Tesla at a premium, using reference values of $2.1 trillion and $1.5 trillion, and said an announcement would need to come by late October or early November to be voted on at Tesla’s December 6 annual meeting. Barclays estimates Musk would hold about 37% of the combined company and 56% of the votes. Musk said in July that combining companies cannot be discussed on an earnings call, but an investor question asking when SpaceX will merge with Tesla is sitting on SpaceX’s Q&A platform, and Teslarati has tracked how the Roadster demo revived the talk.
If a deal happens, Tuesday’s result would effectively set the price Tesla holders would receive. Their shares would convert into SpaceX stock, along with exposure to a company with a heavy investment on AI, while Tesla itself expects 2026 capex above $25 billion. A strong quarter and calmer spending would make that exchange easier to sell. Another round of heavy capex and a falling stock would make it harder.
News
SpaceX’s Gwynne Shotwell just made a quiet gesture toward Tesla
SpaceX president Gwynne Shotwell quietly followed Tesla on X, and merger watchers noticed right away.
SpaceX President and COO Gwynne Shotwell has started following Tesla’s official account on X, a small change that landed in the middle of a very loud merger conversation. Whole Mars Catalog joked about it on Sunday.
A follow is not an announcement, and neither company has said anything about a deal. What gives the moment weight is the timing. Barclays analyst Dan Levy has told clients that an agreement could come before Tesla’s annual meeting, which must be held by December 6, with SpaceX as the buyer in an all stock deal, as we reported after the Roadster unveiling. Wedbush’s Dan Ives has stuck with a 2027 timeline.
“Shit, I better start following their X account if i’m gonna be helping run the company”
— Whole Mars Catalog (@wholemars) October 18, 2026
Shotwell is the executive most worth watching if the two companies do move closer. When Musk was asked at the All In Summit why Tesla and SpaceX remain separate, Shotwell sat next to him and said SpaceX personnel had already moved into xAI to fill leadership and engineering gaps. The businesses were integrating “faster than I thought,” she said, though “not fully integrated yet.” Her responsibilities have also grown since SpaceX absorbed xAI, and she now oversees operations that include Grok and the company’s AI compute buildout.
The financial links are already there. Tesla’s $2 billion xAI investment turned into a stake of less than one percent in SpaceX, the two share the Terafab chip project in Austin, and Musk exercised his 2018 Tesla options a week after SpaceX began trading, a sequence analysts flagged as giving SpaceX public shares to use in a deal. Musk holds about 20 percent of Tesla and controls 85.1 percent of SpaceX’s voting power, according to our earlier breakdown.
The next test is close at hand. SpaceX reports its second earnings as a public company on Tuesday after the close, and Tesla follows on Wednesday. Musk told analysts in July that “we can’t talk about combining companies and that kind of thing on an earnings call,” so a direct answer is unlikely from either stage. Tesla shareholders can still submit and vote on questions through the Say portal until 4 p.m. EDT on Monday, and the merger is a recurring theme in the queue.