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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.
Tesla stock (NASDAQ: TSLA) endured one of its sharpest single-day declines in years on July 23, tumbling approximately 14.5 percent and closing near $320 after opening the session around $374. The drop erased more than $140 billion in market value amid heavy trading volume and left the shares at multi-week lows.
The sell-off followed the company’s second-quarter 2026 results, released the previous evening. Tesla reported record revenue of $28.2 billion, up 26 percent year over year, driven by a Q2-record 480,126 vehicle deliveries. Energy storage deployments also rose strongly.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Yet profitability disappointed sharply. Operating income fell 57 percent to $398 million, compressing the operating margin to just 1.4 percent. Non-GAAP earnings per share came in at $0.33, well below the roughly $0.53 analysts had expected. Free cash flow turned negative by $1.1 billion as capital expenditures surged 142 percent to $5.8 billion, largely tied to accelerated spending on artificial intelligence, robotics, and autonomous systems.
The losses on capex were expected, as Tesla said it would be spending heavily in 2026.
Investors also reacted to lingering uncertainty surrounding key product timelines. During the Earnings Call, management reiterated ambitions for Robotaxi deployment and the Optimus humanoid robot, but offered limited new concrete milestones, renewing questions about execution pace that have long accompanied Tesla’s ambitious roadmap.
The magnitude of the decline places it among Tesla’s more severe one-day percentage losses since its 2010 initial public offering. Historically, the two largest single-day drops (split-adjusted) remain September 8, 2020, when shares fell 21.1 percent amid broader market volatility and valuation concerns, and January 13, 2012, with a 19.3 percent plunge during the company’s early growth struggles.
Other notable declines include an 18.6 percent drop on March 16, 2020, at the onset of pandemic-related market turmoil. Thursday’s move ranks roughly ninth on the all-time list but stands out as the steepest in more than a year.
Despite the short-term pain, Tesla’s long-term trajectory has repeatedly recovered from such volatility. The latest results underscore both the strength of its core automotive and energy businesses and the near-term costs of heavy investment in next-generation technologies.
Elon Musk clapped back at France’s decision to withhold the approval for Tesla’s Full Self-Driving (FSD) Supervised system, projecting a clear and blunt message to French Transport Minister Phillippe Tabarot, after he publicly rejected the technology in its current form.
Tabarot outlines several concerns with Tesla Full Self-Driving in a detailed video statement, where he said, “The safety trade-offs are not yet sufficient to authorize it as it currently stands,” he said. He emphasized that FSD is not a true self-driving system and that the driver remains fully responsible.
Key issues Tabarot also brought up included allowing speeding when surrounding traffic exceeds limits and what he believes are insufficient guarantees of driver attention during complex urban maneuvers such as lane changes, intersections, and roundabouts.
Delaying the approval of FSD in France will cost lives
— Elon Musk (@elonmusk) July 22, 2026
While acknowledging technological progress and France’s support for autonomous innovation, Tabarot stressed that deployment must prioritize road safety. He noted ongoing technical discussions with Tesla, the Netherlands, and other European partners, with further ecosystem meetings planned for the fall.
Musk’s rebuke highlights the human cost of regulatory caution. Tesla’s latest safety reports provide compelling data supporting accelerated adoption. In the most recent 12-month period, vehicles using FSD (Supervised) recorded one major collision per approximately 5.1 million miles driven, dramatically better than the U.S. national average of one crash per 698,000 miles.
Even Tesla vehicles driven manually with active safety features outperform the average by a wide margin. These figures come from billions of real-world miles of telemetry, showing FSD vehicles involved in far fewer incidents than both manual Teslas and the broader U.S. fleet.
Critics argue Tesla’s comparisons require careful scrutiny regarding reporting thresholds and fleet demographics, yet the data consistently positions FSD as a potential lifesaver. With road fatalities remaining a leading cause of death worldwide, Musk contends that proven safer technology should not face prolonged bureaucratic hurdles.
France’s measured approach reflects the broader European regulatory caution, which many, especially Musk, have been critical of in the past. However, as autonomous systems from Tesla and competitors like Waymo demonstrate superior safety in independent studies, pressure is mounting for harmonized approvals.
Musk’s warning carries the belief that every month of delay may equate to avoidable tragedies on European roads.
In a striking revelation that underscores the lucrative crossover between Big Tech and space exploration, Alphabet Inc., Google’s parent company, disclosed a massive $94.1 billion equity stake in SpaceX following the rocket company’s blockbuster initial public offering earlier this year.
The disclosure came in Alphabet’s quarterly filing, marking the first time the long-held private investment has been publicly valued at market prices. Google was an early backer, investing alongside Fidelity in 2015 with roughly $500-900 million at a time when SpaceX was valued around $12 billion.
That bet has delivered extraordinary returns, roughly a hundredfold, transforming a strategic play on satellite internet and launch capabilities into one of Alphabet’s largest assets.
Google, $GOOGL, has said they hold $94 billion in SpaceX, $SPCX, shares after IPO.
— unusual_whales (@unusual_whales) July 23, 2026
Of the total holding, approximately $80 billion remains subject to short-term post-IPO lockup restrictions, preventing near-term sales. An additional $14.1 billion faces longer-term restrictions, extending into the third quarter of 2027. This structure limits immediate liquidity but protects against market volatility as SpaceX transitions into public trading.
The SpaceX position contributed significantly to gains in Alphabet’s broader investment portfolio, which also includes a major stake in AI leader Anthropic. Combined, these holdings helped drive nearly $100 billion in investment gains during the second quarter, providing a substantial boost to net income amid ongoing AI spending pressures.
Analysts view the disclosure as validation of Alphabet’s venture strategy beyond its core search and cloud businesses. The investment aligns with deeper ties, including reported multi-billion-dollar deals for AI computing capacity on SpaceX infrastructure. As SpaceX advances Starship flights, Starlink expansion, and ambitious Mars goals under Elon Musk, Google’s stake positions it to benefit from the commercialization of space.
For Alphabet, the windfall highlights how patient, forward-looking bets in transformative sectors can yield outsized rewards. While lockups temper short-term impact, the holding cements SpaceX as a cornerstone of Alphabet’s diversified portfolio in an era where aerospace, AI, and connectivity increasingly intersect. Investors will watch closely as restrictions lift and SpaceX’s public performance unfolds.
Tesla stock tumbles after earnings, one of its sharpest single-day declines
Elon Musk is not happy about this Tesla Full Self-Driving approval delay
