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SpaceX fires up Starship and Super Heavy booster hours apart
SpaceX appears to have successfully fired up a Starship and Super Heavy booster hours apart, testing a total of three new Raptor 2 engines on the two rockets.
SpaceX says it completed a two-engine static fire with Starship 24 less than three hours after the company successfully ignited a Raptor 2 engine installed on a rocket prototype for the first time. That earlier test, performed by Super Heavy Booster 7, was also the first time SpaceX used its new Starbase orbital launch site to support a static fire test and the second-ever static fire of a Starship booster prototype. Had the company called it quits after Booster 7 survived its first intentional trial by fire, it would have still been an exceptionally successful day.
But SpaceX wasn’t done.
Instead, after Booster 7’s seemingly flawless single-Raptor static fire at 5:25 pm CDT, SpaceX loaded Starship 24 with a small amount of liquid oxygen and methane propellant and ignited two of the ship’s six engines around 8:18 pm. It was not initially clear how many engines were involved but a tweet from SpaceX later confirmed it was two. More likely than not, one of those engines was a sea level-optimized Raptor with a smaller bell nozzle and the other was a vacuum-optimized Raptor with a much larger nozzle.
Almost ten months ago, Starship 20 – SpaceX’s first potentially orbital-class Starship prototype – began static fire testing in a somewhat similar way. Its first day of static fires began with a single Raptor Vacuum engine and ended with a simultaneous RVac and sea-level Raptor test in October 2021. In some ways, SpaceX has been a bit less cautious with Starship 24, which is the second potentially orbital-class prototype to begin proof testing. Ship 24 already has all six Raptors installed, whereas Ship 20 only had four of six engines installed during its first static fire tests. SpaceX also took about three weeks to progress from Ship 20’s first static fire test to its first static fire of all six engines, whereas it appears that Ship 24 could potentially attempt its first six-engine test just a few days to a week later.
On the other hand, Ship 24’s path to its first static fire was substantially longer than Ship 20’s. Ship 20 completed its first static fire test(s) just 25 days after its first proof test, referring to the process of verifying that the prototype was in good working order before moving on to riskier testing with flammable propellant and intentional ignitions. Ship 20 also completed its first six-engine static fire 46 days after testing began. Ship 24, meanwhile, took 75 days to go from its first proof test to its first static fire – almost three times slower than Ship 20, a prototype that was essentially the first of its kind.
It’s possible that Ship 24’s upgraded Raptor 2 engines are partially or fully to blame. Instead of jumping straight into ‘hot’ Raptor testing like Ship 20, which began that particular campaign with a partial-ignition preburner test, SpaceX put Ship 24 through seven ‘spin-prime’ tests before its first static fire. For Raptor, spin-primes test the ignition step before preburner ignition, which is itself a step before main combustion chamber ignition (where the engine starts to produce meaningful thrust). Raptor startup procedures likely involve flowing high-pressure gaseous helium, nitrogen, or propellant (oxygen/methane) through the engine to spin up its turbopumps, ‘priming’ them for preburner and main combustion chamber ignition.
On Raptor 1, the preburners would ignite once a high enough flow rate was achieved, producing hot gas that the main combustion chamber would mix and ignite one last time to start the engine. In a recent interview with Tim Dodd (“The Everyday Astronaut”), CEO Elon Musk revealed that SpaceX was able to “remove torch igniters” from Raptor 2’s main combustion chamber (MCC). It’s unclear if that means that Raptor 2 now has zero MCC igniters, but a major change in the overall ignition process could explain why the start of Ship 24 and Booster 7 engine testing was so sluggish. So could the unintended explosion Booster 7 caused when SpaceX attempted to spin-prime all 33 of its Raptor 2 engines at once.
Regardless, SpaceX has finally crossed that particular Rubicon and, with any luck, Raptor 2 testing will begin to speed up on both Starship 24 and Super Heavy Booster 7. SpaceX has test windows scheduled on August 11th, 15th, and 16th. A warning distributed to Boca Chica, Texas residents on August 10th confirmed that the company intends to perform at least one more static fire test on the 11th.
Elon Musk
SpaceX (SPCX) IPO is live today at $135: Here’s exactly what you need to know
SpaceX priced its historic IPO at $135 per share today, raising a record $75 billion.
SpaceX officially priced its initial public offering at $135 per share, offering 555,555,555 shares of Class A common stock and raising $75 billion in what is the largest IPO in stock market history. Shares are set to begin trading on the Nasdaq Global Select Market on Friday, June 12, under the ticker symbol SPCX. The previous record holder was Saudi Aramco’s 2019 offering at $29 billion, followed by Alibaba’s $22 billion offering in 2014.
At $135 per share and roughly 555.6 million shares, the implied valuation sits near $1.75 trillion, which would make SpaceX roughly the seventh largest company in the United States, just above Tesla’s current market cap. Regular investors can request shares at the IPO price through Robinhood, Fidelity, Charles Schwab, SoFi, and E*TRADE, though the deal is heavily oversubscribed and most retail allocations will be partial or unfilled. Once trading opens June 12, anyone with a brokerage account can buy SPCX on the open market.
SpaceX’s amended S-1 is sparking a major Tesla merger conversation
The valuation is anchored primarily by Starlink. Starlink crossed 10 million subscribers as of February 2026 and is adding 750,000 to 1.5 million new users per month, with the connectivity segment already posting a $1.19 billion profit last quarter. The offering also bundles in xAI following SpaceX’s all-stock merger earlier this year, adding Grok and the Colossus supercomputer to the investment thesis. As Teslarati reported, Starlink ended 2025 with $10 billion in revenue, a figure analysts project could reach $24 billion by end of 2026.
Wedbush analyst Dan Ives has been vocal in his support. “I think the time is right,” Ives said, adding that the offering expands the Elon Musk ecosystem rather than competing with Tesla. An average 12-month price target of $165 per share represents roughly 22% upside from the IPO price. Not everyone agrees – Motley Fool noted xAI is spending $1 billion per month playing catch-up to OpenAI and Anthropic.
Musk founded SpaceX in 2002 with a single stated purpose. “Elon founded SpaceX with a goal to change humanity, to make us a multi-planet species,” CFO Bret Johnsen said in the company’s retail roadshow video this week. Musk himself has been more direct: “We are building the systems and technologies necessary to provide global connectivity on Earth and beyond, to understand the true nature of the universe, and to extend the light of consciousness to the stars.”
Investor's Corner
Tesla unfolded its first European “folding Supercharger”
Tesla’s folding Supercharger just arrived in Europe and it changes how fast charging expands.
Tesla’s Folding Unit Supercharger has officially landed in Europe, with the company teasing a new installation in its effort for a broader rollout targeting major motorway rest stops across the European continent in Q3 2026. The arrival marks a notable shift in how Tesla is thinking about network expansion, moving from hardware performance alone to engineering the logistics chain itself.
While Tesla did not reveal the exact location for the new folding Supercharger in Europe, the photo shared on X heavily suggests that this maybe somewhere in Norway. Historically, whenever Tesla rolls out an entirely new infrastructure architecture in Europe, whether it was the original Supercharger stalls years ago or these brand-new modular V4 “Folding Units”, Norway is almost always the designated launch pad because of its unmatched EV adoption rate and supportive infrastructure
The Folding Unit, introduced in March 2026, is a factory pre-assembled V4 charging station built on an industrial hinge system mounted to a heavy-duty concrete base. The entire assembly arrives on site ready to unfold and connect. Tesla confirmed the units feature telescopic light poles specifically designed for easy transportation and fast on-site deployment, a detail that signals how carefully the logistics chain has been engineered alongside the hardware itself. The design allows 33% more stalls per delivery truck, cuts installation time roughly in half, and reduces overall deployment costs by more than 20% compared to traditional installations.
Tesla’s newest “Folding V4 Superchargers” are key to its most aggressive expansion yet
Tesla also noted telescopic light poles which provide benefits over traditional Supercharger installations that require fixed-height poles that are awkward to ship, slow to position on site, and often require separate crews and equipment to erect before charging hardware can even be staged. By engineering poles that compress for transit and extend on arrival, Tesla has removed one of the quieter bottlenecks in the physical deployment process. Every hour saved on a light pole installation is an hour redirected toward getting stalls energized. At scale, across dozens of new sites per quarter, those hours add up to a meaningful acceleration in how quickly a location goes from approved permit to serving its first customer.
Each Folding Unit pairs a single V4 power cabinet with eight charging posts. The V4 cabinet delivers up to 500 kW per stall for passenger vehicles and up to 1.2 MW for the Tesla Semi, supporting twice the stalls per cabinet at three times the power density of its predecessor. Longer cables make every new station immediately usable by non-Tesla vehicles, a priority as Tesla continues opening its network to Ford, GM, Rivian, Hyundai, Stellantis, and others.
As Teslarati reported when the Folding Unit was first unveiled, Tesla’s Gigafactory New York produced its final V3 Supercharger cabinet in March 2026 after more than seven years and 15,000 units, completing a full pivot to V4 production. The European arrival of the folding design is the next chapter in that transition.
Faster and cheaper deployment means Tesla can justify building in markets and corridors that were previously too expensive to serve, filling the coverage gaps that have slowed EV adoption outside major urban centers.
First Folding Unit Superchargers in Europe 🇪🇺 https://t.co/KNfYWJukkL pic.twitter.com/YR1udIpH1i
— Tesla Charging (@TeslaCharging) June 10, 2026
Tesla has stunned by gaining yet another approval for its Full Self-Driving suite in Europe, its second in two days and its fifth overall.
Belgium will be the latest country to allow Tesla owners to utilize FSD on public roads in Europe, joining a quickly growing list that started with the Netherlands, Lithuania, and Estonia.
On Tuesday, Denmark announced its approval of the FSD suite, which has now been followed by Belgium just one day later.
The country’s Minister of Mobility, Annick De Ridder, announced the approval on her X account, stating that she had just signed the approval of Tesla FSD. It now goes to the country’s homologation department for the last step of the approval process.
De @Tesla community houdt hier al geruime tijd de vinger aan de pols over de toelating voor de FSD-technologie op onze Vlaamse en Belgische wegen.
Uit waardering voor jullie niet-aflatende interesse (en aanmoediging 😉), krijgen jullie hierbij de primeur: ik heb net de toelating… pic.twitter.com/Yrps4OHTj8— Annick De Ridder (@AnnickDeRidder) June 10, 2026
The Belgian approval is one of mighty importance because it truly shows how quickly countries in Europe could greenlight the FSD suite consecutively. Approvals are already coming in relatively quickly, which is a great sign.
Perhaps the next big development that could come from FSD approvals in Europe is an approval from a country like England, Italy, France, Spain, or Germany. It would be something to see how FSD would perform in a major European metro, such as London, Barcelona, Madrid, Paris, Rome, or Berlin.
Getting Full Self-Driving in Spain and England will be such huge milestones for Tesla. I am so excited to see how FSD performs in Madrid, Barcelona, and London, specifically.
The ultimate test will always be Mumbai or New Delhi. Excited for India’s eventual approval! https://t.co/paw9Ch1qmL pic.twitter.com/9RdDERVSSJ
— TESLARATI (@Teslarati) June 9, 2026
Full Self-Driving does an excellent job of roaming around major U.S. cities like New York and Los Angeles, but other high-profile international cities of significance would truly mark a line in the sand for Tesla, which can simply enable any vehicle in its customer-owned fleet to run FSD with the correct approvals.
SpaceX (SPCX) IPO is live today at $135: Here’s exactly what you need to know
Tesla unfolded its first European “folding Supercharger”
