News
SpaceX reschedules Starship static fire amid deadly Texas cold snap, power grid failure
After extreme weather and a once-in-a-decade cold snap ground SpaceX’s Starship launch preparations to a halt, the company’s next critical preflight test is back on the calendar.
SpaceX received permission to close Boca Chica Boulevard from 9 am to 6 pm CST (UTC-6) on Monday, February 22nd, with identical backup windows available on Tuesday and Wednesday. An agreement with Cameron County currently requires SpaceX to avoid road closures (and thus testing) on weekends – a compromise to preserve some level of access to Boca Chica’s public beaches for local residents.
Over the last several days, Texas has been in the throes of an unusual – but far from unprecedented – cold snap. With temperatures well below freezing in many regions and snow building up for the first time in years, the state’s systematically dysfunctional power grid – intentionally separated from the rest of the US grid and effectively left to the “free market” wolves – almost instantly collapsed. Effectively unregulated, patchwork utilities and power companies left to their own devices unsurprisingly chose to save money and maximize profits in the short term by deploying non-winterized powerlines, substations, and power plants.
It’s a ‘mistake’ – really more of an intentional design flaw – that’s been repeated twice before and as recently as 2011. Once again, power outages have mostly been caused by a lack of winterization at natural gas and coal-fired power plants throughout Texas, which forced the state’s so-called Electric Reliability Council (ERCOT) to enforce systematic rolling blackouts. The state inexplicably went as far as allowing the same utilities and power companies whose conscious failures caused the outages to then raise gas and electricity prices to astronomic levels, resulting in bills on the order of thousands, tens of thousands, and even hundreds of thousands of dollars in a handful of days.
Additionally, the cold has shocked other Texan infrastructure, throwing no less than 1/50th of the entire American population into darkness and without running or potable water. SpaceX hasn’t been spared by any means and both Boca Chica and greater Brownsville have been subjected to multi-day power outages. SpaceX, however, has built up an extensive footprint for its growing Starship factory, including an installation of Tesla solar panels and Powerpack batteries that have likely helped keep the lights on, for the most part. SpaceX is even doing its best to save cold-stunned sea turtles, performing hundreds of rescues on its own and providing generators and help wherever possible.
“Like a ray from heaven, yesterday at 7:30 p.m. the site director and operations manager for SpaceX Boca Chica and two electricians and engineers from SpaceX showed up on our property with the largest generator I’ve ever seen,” Knight said. “And at 1:30 a.m. this morning, we turned the lights and the power on.”
(Trained SpaceX employees have also rescued some 850 of the turtles, Knight said, initially storing them in their gymnasium while coordinating transportation. SpaceX did not respond to a request for comment in time for publication.)
NPR – Rachel Treisman – February 17th, 2021
High winds, cold temperatures, and no guarantee that employees will be in a condition to work have meant that SpaceX’s rocket factory and latest Starship test campaign have both slowed considerably. Thankfully, weather-wise, next week is looking somewhat more positive as forecasts show winds dropping and temperatures rising well above freezing. With a little luck, SpaceX will be able to put Starship serial number 10 (SN10) through its first triple-Raptor static fire(s) and qualify the rocket for flight between Monday and Wednesday, potentially opening the door for a third high-altitude launch and landing attempt as early as the end of the week.
Investor's Corner
Tesla uber bull Ron Baron says ‘the time to buy the stock is now’
In a new interview on Wednesday, Tesla uber bull Ron Baron said that anyone looking to buy the company’s stock should do so as soon as they can.
Baron, founder and CEO of Baron Capital and one of Tesla’s most persistent institutional bulls, used a CNBC Squawk Box appearance on Wednesday to deliver a familiar message with fresh urgency: In his opinion, Tesla stock is a buy:
“The time to buy the stock is now. FSD is catching on, and it’s going to be bigger and bigger. 55% of new buyers are buying it (Teslas) with FSD. It’s going to be everywhere. It’s safer.”
The Baron Capital frontman’s case is built around Full Self-Driving. Tesla reported 1.48 million active FSD subscriptions in the second quarter, up 56 percent year over year, and company officials have said roughly 55 percent of new North American deliveries left with a subscription enabled.
Baron framed that attach rate as proof the product is moving from enthusiast extra to default expectation, and as a reason software, not just vehicle volume, should drive the next phase of value.
His conviction on Tesla shares is not theoretical, as Baron Capital made its first Tesla investment in 2014, after years of meetings that began around the 2010 IPO roadshow. The firm later built a large SpaceX position starting in 2017.
Ron Baron today in new interview on Tesla:
“The time to buy the stock is now. FSD is catching on, and it’s going to be bigger and bigger. 55% of new buyers are buying it (Teslas) with FSD. It’s going to be everywhere. It’s safer.” pic.twitter.com/Rv5PB0bVZ2
— Sawyer Merritt (@SawyerMerritt) September 16, 2026
Baron said those Musk-led bets have generated about $30 billion of the $71 billion in profits Baron Capital has produced for clients. He put the firm’s current exposure at roughly $25 billion in SpaceX and $5 billion in Tesla. Personally, he described SpaceX as his largest holding, at about $5 billion, with about $1.5 billion in Tesla and additional Tesla exposure through the firm’s funds.
That concentration is also a statement of loyalty. Asked about talk of a SpaceX-Tesla combination, Baron said he had already walked Elon Musk through arguments for and against a deal, then declined to repeat them on air. His public position was simpler: “Whatever you decide is better is what I’m going to support,” he said to Musk.
Baron also said that he picked up the farewell edition of the Model S after Tesla decided to sunset the vehicle earlier this year, calling it his favorite car he’s ever driven.
Elon Musk
SpaceX’s next Starship launch is about to attempt its biggest leap yet
SpaceX targets September 22 for Starship Flight 14, its first attempt to reach real orbit.
SpaceX has set September 22 as the target date for Starship’s 14th test flight, and this one carries a different goal than any of the 13 that came before it. Every previous Starship mission has intentionally flown a suborbital arc, reentering the atmosphere within the same hour it launched. Flight 14 is designed to send the craft into a genuine orbit around Earth for the first time.
The launch window opens at 7:15 a.m. Central time at Starbase in South Texas and runs for 75 minutes, pending regulatory approval, according to SpaceX’s mission description published Tuesday. If the flight goes as planned, Starship will circle the planet roughly six times at an altitude near 275 kilometers over about ten hours before a deorbit burn sends it toward a splashdown in the Pacific Ocean west of Chile, a departure from the Indian Ocean recoveries used on the last several flights.
The mission also marks the first attempt to put a working batch of Starlink V3 satellites into actual service. Flight 13 carried 20 of the new satellites in July, but because that mission never left a suborbital trajectory, the payload reentered along with the ship instead of separating into orbit.
SpaceX tells the FCC that Starship Flight 14 is going to orbit
Each V3 satellite is rated for roughly one terabit per second of downlink capacity, so a successful deployment on Flight 14 would be SpaceX’s largest single jump in network bandwidth since Starlink began flying on Falcon 9.
Flight 13 still did the heavier lifting on the technical side. That July mission flew a deliberately more stressful reentry profile to test Starship’s heat shield, and the ship survived its softest splashdown yet, intact enough for drone inspections shortly after landing. Elon Musk said the flight delivered “all the heat shield data we needed and then some,” a result Teslarati covered in detail when he later said SpaceX had solved the vehicle’s biggest reusability challenge. Flight 14 is where SpaceX starts spending that confidence on an actual orbital insertion rather than another controlled fall back to Earth.
One thing Flight 14 will not attempt is a tower catch of the ship. Musk floated the idea right after Flight 13, but walked the timeline back in August, saying a catch attempt was more likely “in a few months.” The Super Heavy booster will still aim for its own recovery, targeting an offshore landing point in the Gulf of America, the same approach used on recent flights.
September 22 is SpaceX’s own target, not a locked date. Starship’s schedule has slipped before over hardware readiness and FAA sign off, and the company has said as much in its own mission notes. But the plan itself represents the clearest marker yet that Starship is moving from a suborbital test program into something meant to carry paying payloads and, eventually, people.
Elon Musk
Elon Musk gives his most telling Tesla-SpaceX merger conversation yet
Elon Musk hinted a Tesla-SpaceX merger could be coming, and Wall Street is taking notice.
Elon Musk gave his clearest signal yet that Tesla and SpaceX could eventually combine, telling the All-In Summit in Los Angeles that the two companies’ deepening collaboration makes the question worth asking. Sawyer Merritt first surfaced the highlight on X Tuesday.
Asked directly why Tesla and SpaceX remain separate given how closely they already work together, Musk told hosts at the summit: “Great question there. With all this collaboration, on so many levels, who can imagine what action one might take when there’s so much close collaboration in so many areas.” SpaceX President Gwynne Shotwell, who joined Musk on stage, added that SpaceX personnel have already moved into xAI to fill leadership and engineering gaps, saying the businesses are integrating “faster than I thought,” though “not fully integrated yet,”
The comments landed on top of merger speculation that has been building on Wall Street for months. JPMorgan has called a tie-up “strategically coherent on paper,” pointing to overlapping ambitions in AI, robotics, energy, transportation and space. Jefferies went further, estimating Musk could retain roughly 55.3 percent voting control in a deal structured without a premium, a scenario that would still leave room for Tesla shareholders to come out ahead. On Kalshi, traders now put the odds of a merger before 2028 at 66 percent.
Tesla’s stake in SpaceX, still under one percent, traces back to its earlier investment in xAI, which converted to SpaceX equity after SpaceX absorbed the AI company. The two are also jointly building Terafab, a chip facility in Austin meant to serve both Tesla’s AI computing needs and SpaceX’s satellite ambitions. Wedbush analyst Dan Ives has stood by a 2027 merger timeline for months, and Cathie Wood’s ARK Invest recently floated a similar case, an idea Musk pushed back on directly at the time.
Another Tesla SpaceX merger prediction by ARK Invest has Elon Musk talking
The timing adds another layer. Tesla has scheduled an October 1 unveiling for its next generation Roadster at a venue near SpaceX’s McGregor, Texas test site, using the phrase “Go for launch” in its promotional material. Both stocks dipped roughly 2 percent Monday before recovering slightly in premarket trading Tuesday, with SpaceX shares up about 0.4 percent and Tesla essentially flat.
Musk stopped short of confirming anything is in motion. But unlike his past denials of a corporate restructuring, this response didn’t rule one out, and it came with Shotwell sitting next to him describing an integration that’s already underway.