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SpaceX Starship aborts Raptor engine test, briefly catches fire
Update: On March 15th, SpaceX got within milliseconds of Starship serial number 11’s (SN11) first Raptor engine test but suffered an abort just before full ignition, briefly leaving the rocket on fire.
Around 12:26 pm CDT, after an otherwise nominal static fire flow, Starship SN11 momentarily ignited one or two of its three Raptor engines’ preburners, referring to a central component that burns cryogenic liquid propellant into gas that’s ready for combustion. As with all preburner tests, intentional or otherwise, the end result looked a bit like a weak static fire and produced a small but visible amount of flame and thrust. Unlike intentional preburner tests, the static fire abort seemingly ignited something hidden inside Starship SN11’s and appeared to burn for at least another 30-40 seconds.
Raptor has proven itself to be an extremely durable engine, up to and including surviving visible onboard fires during actual Starship flight tests. Nevertheless, depending on the source of SN11’s post-abort fire and what it may or may not have burned or damaged, it’s no surprise that SpaceX ended testing for the day instead of quickly trying again, which it’s done several times prior. If the fire was largely harmless, SpaceX has already distributed notices suggesting a second attempt could happen as early as 6am to 12pm CDT (UTC-5) on Tuesday, March 16th. If more time is needed, SpaceX has the rest of the week to conduct any necessary repairs or swap out SN11’s Raptor engines.
Public documents show that SpaceX has plans to static fire and launch its latest Starship prototype within a two-day period that could begin later today.
SpaceX shipped Starship SN11 from its Boca Chica, Texas rocket factory to test and launch facilities a mile down the road on March 8th, less than five days after Starship SN10 exploded minutes after touchdown. The very next day, SpaceX completed ambient-temperature proof testing, filling Starship with benign nitrogen gas to check for leaks and verify system health. Two days after that, Starship SN11 appeared to complete a several-hour cryogenic proof test – swapping nitrogen gas for its supercool liquid form – without issue.
Despite the seemingly successful ‘cryo proof,’ something prevented a subsequent static fire test planned on March 12th before any attempt could be made, delaying the next attempt until after the approaching weekend. An agreement between SpaceX, Cameron County, and the state of Texas currently prevents road closures (and thus rocket testing) on weekends falling between Labor Day and Memorial Day, rules meant to preserve some level of public access to Boca Chica Beach.
As a result, unless SpaceX is already ready to launch (it has waivers for three such weekend closures for launch attempts), the company has to wait until Monday even if a minor issue fixable in hours or a day or so scrubs Friday test plans. While inconvenient, it’s worth noting that the existence of that public beach and the strong regulations that protect its public domain is likely one of the only reasons the general public can still get as close as they can to SpaceX’s Boca Chica ‘Starbase’.
For whatever reason, that road closure agreement does still mean that SpaceX will (in theory) be able to test and launch any day of the week from May 31st to September 6th, save for a few holidays, effectively boosting the number of opportunities by 40% for those 14 weeks. Until then, SpaceX is doing everything it can to take full advantage of the five days a week it is allowed to test Starship prototypes. N
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Notably, although Starships SN8 and SN9 both hit a few weeks of technical and regulatory snags while preparing for their high-altitude launch attempts, SpaceX has been gradually speeding up that process over time. Starship SN10, the first prototype of its kind to land in one piece, took just 33 days to go from pad arrival to liftoff and spent just 8 days between its first static fire and launch attempts. The same feats took Starship SN8 77 and 50 days, respectively, with SN9 splitting the difference at 43 days from transport to liftoff and 28 days between its first static fire and launch attempts.
Road closure requests, a safety warning for residents, and a Temporary Flight Restriction (TFR) filed with the FAA all suggest that SpaceX’s current plan is to attempt Starship SN11’s first triple-Raptor static fire between 6am and 12pm CDT on Monday, March 15th. If that test goes almost perfectly, SpaceX wants to turn the rocket around for a 10 km (6.2 mi) launch attempt on Tuesday, March 16th – the very next day. Given the past performance of high-altitude Starship prototypes, that target is decidedly ambitious and likely to incur delays, but it still reveals the true scope of SpaceX’s goals even at this early stage of development.
If Starship SN11 does manage to launch within a few days of its first static fire attempt, SpaceX would still crush SN10’s 33-day record by a factor of three. Stay tuned for updates on Monday’s possible Starship static fire and rapid Tuesday turnaround attempt
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Investor's Corner
SpaceX and Nvidia team up on Musk’s orbital AI bet
SpaceX revealed a new Nvidia satellite partnership, then Musk pledged an exclusive Nvidia hardware commitment.
SpaceX and Nvidia are now working together on the hardware that will power Musk’s orbital data center ambitions. SpaceX announced on X on Tuesday that it is partnering with Nvidia to design the compute payload for Starmind AI1, the first satellite in a planned constellation built to run AI workloads directly in orbit. Each Starmind satellite will carry Nvidia’s Rubin GPUs and Vera CPUs, according to the post, which included renderings of the payload design.
The announcement landed hours before SpaceX’s first earnings call as a public company, where Musk went further, saying the company has committed to building its AI infrastructure exclusively on Nvidia hardware. “We think the Vera Rubin architecture is the best architecture. We think it’s the best AI computer, and we greatly value our close cooperation and partnership on many levels with Nvidia,” Musk told investors on the call,. “So we’re exclusive to Nvidia.”
Musk said SpaceX plans to deploy Nvidia’s Vera Rubin NVL72 rackscale system, codenamed Kyber, both on the ground and in space. He set a target of 2 gigawatts of compute capacity online by the end of this year, scaling to roughly 10 gigawatts by the end of 2027.
SpaceX’s newest Starmind will make earth data centers obsolete
Starmind has been in development since Musk confirmed the name in June, following an xAI trademark filing that tipped off the project before SpaceX made it official. The idea is massive in scope and instead of moving data down to ground based servers, satellites equipped with onboard processors and large solar arrays would compute AI workloads in orbit and beam results back to Earth. SpaceX has already filed with the FCC for a constellation of up to one million satellites to support the effort, citing constant solar power and the absence of zoning restrictions as advantages over terrestrial data centers.
The Nvidia exclusivity marks a shift in tone from just two weeks ago, when Musk was busy knocking down a report that SpaceX had ordered $52 billion worth of Nvidia GPUs through Foxconn, calling it fake news at the time. The dollar figure in that rumor may have been wrong, but the underlying direction seems correct. SpaceX’s AI division already leases Colossus compute capacity to Anthropic and Google, and Tuesday’s earnings report showed AI revenue climbing sharply as those deals ramp up.
Nvidia shares rose roughly 3% in Tuesday trading on the news, while SpaceX stock climbed nearly 9% during the day before giving back gains after hours as investors digested the earnings report’s capital spending figures.
SpaceX (NASDAQ: SPCX) reported a beat in revenues and EBITDA in its first earnings call report while also minimizing losses as its business continues to gain momentum.
After its IPO in July, SpaceX saw some tough losses on Wall Street due to a major selloff after a delay in its 13th Starship test flight. The ship launched later that week and completed what was arguably the most successful IFT operation in the Starship program’s history.
Nevertheless, the company is continuing on and reported some encouraging financials while also promoting what appears to be a robust outlook moving forward in its Space, AI, and Connectivity divisions.
SpaceX to report first-ever earnings today: here’s what to expect
Earnings Results
- Revenues: $7.8 billion reported vs. $6.7 billion expected
- Adjusted EBITDA: $3.5 billion vs. $2 billion expected
- Net loss of $541 million, an improvement of $467 million from net loss of $1.0 billion
Additionally, CFO Bret Johnsen had these comments:
“2026 has been a momentous year so far, and the second quarter demonstrated the true power of SpaceX. Revenue growth accelerated across all our business segments and we delivered strong operating leverage, with significant margin expansion led by our new AI compute agreements. Our unparalleled leadership in launch, Starlink subscriber growth, new enterprise and government partnerships, and best-in-class AI infrastructure underscore our ability to drive meaningful scale and deliver attractive returns. As a newly public company, we are delighted to welcome our broad base of shareholders and bondholders. We ended the second quarter with $100 billion of cash, cash equivalents, and marketable securities, and $47.5 billion in backlog. This financial strength gives us substantial capacity to invest in Starship, Starlink Broadband and Mobile satellites, and our AI platform, while maintaining a disciplined long-term capital allocation framework.”
Space Business Highlights
SpaceX shared some of its biggest Space Business Highlights for Q2:
- Space revenues grew 55% sequentially and 29% year-over-year to $962 million, driven by a higher number of large customer launches and a favorable customer shift compared to the prior year
- Total costs and expenses for the Space segment were up by $389 million year-over-year, as we continued to accelerate R&D investments in our Starship program, which we believe will reduce the cost to orbit by 99% or more relative to the historical average, and unlock significant revenue potential across all business segments
- Leading launch provider for the world with 78 launches and 1,041 metric tons of mass to orbit deployed over the six months ended June 30, 2026, primarily allocated to Connectivity for the deployment of our Starlink constellation
- Starship V3 development continued to advance towards full and rapid reusability:
- Completed Starship V3’s first suborbital mission in May, Flight 12, which achieved a successful lift off from our new Starbase pad, a precision landing of Starship’s upper stage, and deployment of modified V2 Starlink satellites
- Subsequent to the second quarter, completed Starship Flight 13 in July, which achieved all flight objectives including deploying 20 production V3 satellites, demonstrating in-space relight of a Raptor engine, and executing the softest ever splashdown of Starship, providing critical views of an intact heatshield
SpaceX will report its earnings today at 4:30 P.M. EDT.
Elon Musk issued a second pointed warning to SpaceX short sellers on Tuesday, just hours before the company was set to release its first quarterly earnings as a publicly traded firm. Responding to a report highlighting elevated short interest, Musk wrote on X: “I try to warn them, but they just double down …”
The comment came as data from S3 Partners showed roughly 95 percent of available SPCX shares to borrow were on loan, translating to about 34 percent short interest as a percentage of the float. The stock has traded under pressure since its record-breaking IPO in June 2026, declining significantly from early peaks.
I try to warn them, but they just double down … 🤷‍♂️
— Elon Musk (@elonmusk) August 4, 2026
This marks the second such message from Musk in under three weeks.
On July 17, amid post-IPO volatility, he stated: “The survival probability of firms who maintain a significant short position in SpaceX over time is very low.” At that time, SPCX had fallen roughly 30 percent from its peak above a $2.6 trillion valuation, with short sellers reportedly realizing gains of about $8.7 billion.
Musk’s warning aligned with optimistic analyses projecting that Starship-driven cost reductions could enable a multi-trillion-dollar space economy through applications such as orbital solar power, asteroid mining, data centers, and Mars-related projects, positioning SpaceX as critical infrastructure.
SpaceX is scheduled to report second-quarter results after the market close later today, followed by a webcast. Analysts anticipate revenue near $6.9 billion, reflecting growth in Starlink, launch services, and AI-related segments. The earnings release precedes a major lockup expiration on August 6 that could free hundreds of millions of insider shares.
Musk has a long track record of confronting short sellers, particularly regarding Tesla, where he has argued that persistent bearish positions underestimate transformative technologies. Critics view his optimism as overly ambitious given near-term stock fluctuations, while supporters see temporary dips as opportunities in a longer-term expansion of the space economy.
As SpaceX opens its books to public scrutiny for the first time, the high short interest and Musk’s repeated cautions set the stage for heightened market attention on the results and management’s commentary.
SpaceX and Nvidia team up on Musk’s orbital AI bet
SpaceX reports beat in first earnings while minimizing losses
