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SpaceX returns Starship booster to factory after two major Raptor tests
For the sixth time this year, SpaceX has returned the same Super Heavy booster prototype to its South Texas Starship factory after completing several tests.
Why is unclear. Super Heavy Booster 7 left the factory for the first time in March 2022 and has been stuck in a seemingly continuous state of testing, rework, and retesting ever since. While the pace of testing and progress was in many ways more aggressive from 2019 to mid-2021, it still can’t be said that SpaceX has been slacking off in 2022. Booster 7 alone completed more than 24 distinct tests (including six static fires) between early April and late November.
But in a shift from the first three or so years of steel Starship development, SpaceX CEO Elon Musk has ceased to be a consistent source of information on the purpose and results of many of those tests, even as NASA has begun to funnel hundreds of millions of taxpayer dollars into the Starship program. Save for occasional tidbits from SpaceX, Musk, and NASA; or deep unofficial analyses of public information, the day-to-day or week-to-week status of Starship has generally been relegated to speculation. Over the last few months, that information void has only grown larger.
The update that's rolling out to the fleet makes full use of the front and rear steering travel to minimize turning circle. In this case a reduction of 1.6 feet just over the air— Wes (@wmorrill3) April 16, 2024
Perhaps the biggest near-term update this year came from a senior NASA official on October 31st. In an advisory briefing, Mark Kirasich – Deputy Associate Administrator for Artemis Campaign Development – offered a surprising amount of detail about SpaceX’s near-term plans and even reported that Starship’s first orbital test flight was expected as early as December 2022, pending several crucial tests. But more than five weeks later, SpaceX appears to have only made a modest amount of progress towards those milestones and has yet to attempt the two most important tests.
Kirasich: First orbital Starship/Super Heavy expected in December. Still waiting for full 33 engine test, wet dress rehearsel, and FAA licensing. Will land in ocean off Hawaii. pic.twitter.com/FktCggnPEe— Marcia Smith (@SpcPlcyOnline) October 31, 2022
Nonetheless, some progress – however indeterminate without official information – has been made. As of Kirasich’s briefing, SpaceX was in the middle of a relatively minor series of cautious propellant loading tests with Booster 7 and Ship 24, which were stacked on October 20th. After three more partial full-stack tests in the first seven days of November, Ship 24 was removed. Aside from the visible steps SpaceX took after, little is known about the outcome of those propellant loading tests.
Ship 24’s fate is a different story, but Super Heavy B7 appeared to make it through full-stack testing in great shape. On November 14th, Booster 7 completed a record-breaking 14-engine static fire, doubling its previous record of seven engines and likely becoming one of the most powerful rockets in history. Musk simply stated that the “test went well”.
Poor weather undoubtedly contributed, but it would be another 15 days before Booster 7’s next test. On November 29th, after an aborted test on the 28th, SpaceX followed Booster 7’s record-breaking 14-engine static fire with a longer 13-second test of 11 Raptors. Before engine ignition, SpaceX loaded Booster 7 with around 2800 tons (~6.2M lb) of liquid oxygen (LOx) propellant in less than 90 minutes, making it a partial wet dress rehearsal (the methane tank was barely filled) as well. Musk called it “a little more progress towards Mars” and SpaceX shared a photo of the static fire on Twitter, but the results of the test – meant “to test autogenous pressurization” – were kept mostly opaque.
That uncertainty didn’t help when two of Booster 7’s 33 Raptor engines were removed immediately after the long-duration test. Then, Booster 7 was removed from Starbase’s lone ‘orbital launch mount’ on December 2nd and rolled back to the factory’s High Bay assembly facility on December 3rd. Historically, SpaceX has only returned Booster 7 to the factory to repair damage or install missing hardware. Without official information, it’s impossible to say why Booster 7 returned for the sixth time.
The most optimistic explanation is that SpaceX brought the Super Heavy booster back to the factory to fully close out its engine section heat shield, which currently has 20 missing panels for each of its outer Raptor engines. But there’s a good reason that those panels were never reinstalled. Any replacements would need to be modified to ensure that the ad-hoc system installed to prevent the conditions that led to Booster 7’s first explosion from recurring can still be used for future static fire tests. Even then, it’s unclear why SpaceX would need to reinstall those panels now for Booster 7’s upcoming 33-engine static fire(s) and full-stack wet dress rehearsal(s) when they weren’t needed for 11 and 14-engine static fires and a dozen other fire-free tests.
Depending on why Booster 7 is back at the factory, there is a precedent for it returning to the launch site as early as next week. Alternatively, if major work or repairs are required, it could be six weeks before SpaceX returns the rocket to the launch pad. Given that the full wet dress rehearsals and one or several 33-engine static fires standing between Booster 7 and flight readiness will be riskier and more challenging than any other test the prototype has completed to date, there is no real chance that Starship will be ready for its first orbital launch this year.
In fact, without detailed information, especially regarding Ship 24’s mysterious state, it’s difficult to pinpoint a viable target for Starship’s orbital launch debut more specific than the first half of 2023. But with any luck, even if it requires a substantially longer wait, SpaceX’s recent decision to make Starbase move slower and break fewer things will hopefully pay off with a successful debut sometime next year.
Elon Musk has firmly denied recent media reports suggesting that SpaceX has reduced its target valuation for an upcoming initial public offering.
The denial came directly from the SpaceX and Tesla frontman on his social media platform X, where he responded with a single word, “False,” to a post from ZeroHedge that cited Bloomberg sources.
This swift rebuttal underscores Musk’s ongoing effort to manage speculation surrounding one of the most anticipated market debuts in recent history.
False
— Elon Musk (@elonmusk) May 29, 2026
According to the disputed reports, SpaceX had lowered its IPO valuation goal to at least $1.8 trillion from previous ambitions exceeding $2 trillion.
The claims emerged amid growing anticipation for the company’s confidential S-1 filing, which positions it for a potential public listing as early as June.
Some had pointed to strong revenue growth, particularly from the Starlink satellite internet service, which contributed heavily to the firm’s 2025 figures of $18.7 billion. Yet challenges persist in other areas, including substantial investments and losses tied to ambitious projects like Starship development and artificial intelligence initiatives, which plan to make life multiplanetary eventually.
Musk’s response highlights a pattern in which he actively counters what he views as inaccurate portrayals of his companies’ trajectories.
SpaceX, already valued privately at extraordinary levels, stands as a cornerstone of Musk’s empire alongside Tesla and xAI. The entrepreneur has long emphasized the transformative potential of reusable rockets and global broadband access, factors that fuel investor enthusiasm despite operational hurdles.
By rejecting the valuation downgrade narrative, Musk signals confidence in SpaceX’s fundamentals and its readiness for public markets on terms favorable to its long-term vision. People have been waiting a very long time to invest in SpaceX, and the valuation, as well as the introductory share price, is not going to need adjusting.
They’ll have plenty of suitors.
This episode reflects broader dynamics in the technology sector, where rumors often swirl around high-profile entities. Musk’s direct engagement with media narratives serves to maintain transparency and control the narrative around his ventures.
As SpaceX prepares for greater scrutiny in public markets, the founder’s denial reinforces optimism about its prospects. Supporters argue that the company’s innovative edge positions it for enduring success, far beyond short-term valuation debates. With the denial now public, attention turns to forthcoming regulatory filings that could provide clearer insights into SpaceX’s strategy and financial health.
The coming weeks promise to reveal more about how SpaceX will transition into a publicly traded powerhouse.
Tesla’s dreams of operating a fully autonomous ride-hailing platform just took a massive step toward reality, as two separate events have indicated the company is perhaps closer than ever to achieving self-driving as a product.
On Thursday, Tesla was granted authorization by the State of Texas to operate driverless vehicles in a commercial manner. On May 28, Senate Bill 2807, passed by the 89th Texas Legislature, took effect after being passed back on September 1, 2025.
The bill establishes a statewide regulatory framework requiring authorization from the Texas Department of Motor Vehicles for companies to operate automated vehicles commercially on Texas roads.
This covers driverless, or SAE Level 4+, operations for passenger transport, meaning Robotaxi, or freight.
Tesla and other companies can self-certify their vehicles and tech as long as they:
- Operate in compliance with Texas traffic laws
- Maintain proper registration, title, and insurance
- Use compliant automated driving systems
- Record onboard activity and handle system failures and glitches safely.
The new authorization, which was first reported by James Stephenson on X, allows companies to utilize their own processes to determine if their vehicles are ready to operate without drivers.
🚨BREAKING:
Tesla has been authorized by the State of Texas to operate driverless vehicles commercially under the new law that took effect today, May 28th, 2026. Tesla has officially self-certified the software running on its robotaxis as Level 4. $TSLA pic.twitter.com/KSJdsvlaW5— James Stephenson (@ICannot_Enough) May 28, 2026
It is a rule that expedites the entire approval process, keeping agencies out of a usually long, lengthy, and frustrating task that is essential to technological advancements. It essentially means Tesla can launch commercial Robotaxi operations at this point.
On the very same day, Tesla continued the momentum as CEO Elon Musk shared a video of Cybercab units autonomously driving off the property at Gigafactory Texas. This is a major step in the story of the Cybercab.
Mass production of the Cybercab started at Giga Texas in April, and it is already heading out of the factory on its own.
Cybercab driving itself out of the GigaTexas factory pic.twitter.com/EwAMVVDjYy
— Elon Musk (@elonmusk) May 28, 2026
These two major events mark a drastic step forward in Tesla’s progress toward Cybercab and the permissions it needs to operate a self-driving ride-hailing service. Tesla is now able to operate autonomously under Texas law by self-certifying, and with the potentially imminent rollout of Cybercab, Tesla’s autonomous dreams are starting to take serious shape.
Elon Musk
The Tesla and SpaceX merger everyone is talking about is quietly building
Tesla and SpaceX may be closer to merging than Wall Street or either company is admitting.
Elon Musk has reportedly discussed merging Tesla and SpaceX with people close to him, according to CNBC, which cited sources familiar with the conversation. Tesla employees have long expected such a transaction and the topic is openly discussed internally, according to internal sources. With SpaceX is days away from kicking off its Wall Street roadshow for what could be the largest IPO in market history, this would be the first time the company will have public market currency to execute a stock-for-stock deal with Tesla.
The financial logic for a merger would make sense. A combined SpaceX and Tesla would create a conglomerate spanning rockets, satellites, electric vehicles, AI infrastructure, and energy storage valued at roughly $3.35 trillion to $3.6 trillion based on SpaceX’s IPO target range and Tesla’s current market capitalization. The two companies are already more intertwined than most people realize. SpaceX bought $697 million worth of Tesla Megapack systems for xAI data centers and $131 million worth of Cybertrucks. Tesla invested $2 billion in xAI, which subsequently merged with SpaceX. Past transactions also include Tesla selling solar equipment and parts to SpaceX, and SpaceX helping with Cybertruck materials.
Will Tesla join the fold? Predicting a triple merger with SpaceX and xAI
Musk himself signaled where this was heading in November 2025 when he posted on X, “My companies are, surprisingly in some ways, trending towards convergence.” Tesla and SpaceX announced a joint semiconductor fabrication facility in Austin called Terafab on the Gigafactory Texas campus, covering two advanced chip factories, with one serving Tesla’s AI needs for vehicles and Optimus robots, the other targeting space-based data centers under SpaceX’s infrastructure vision.
Wedbush analyst Dan Ives places the probability of a merger at 80% to 90% with a target completion in the first half of 2027. The mechanics of a deal became possible the moment SpaceX filed its S-1. Legal experts said a merger likely would not spark antitrust issues but would raise concerns among shareholders in each company, with questions around which company would be the parent, how a stock swap would take place, and who determines the appropriate price. Musk holds about 20% of Tesla’s equity but controls 85.1% of SpaceX’s voting power through a super-voting share class, meaning he would largely be negotiating the terms with himself.
Not everyone is convinced the timing is imminent. Traders on Kalshi place only 33% odds that a merger will happen before May 2027. The more immediate concern for Tesla shareholders is whether the SpaceX IPO pulls capital and Musk’s attention away from Tesla before any merger consolidates the upside for both.
What is clear is that the structural groundwork is already being laid. The Terafab announcement, the xAI merger, the shared supply chain, the cross-company balance sheet transactions, and now the IPO all point in the same direction. Whether the merger follows in 2027 or later, the two companies are already operating more like divisions of a single entity than independent competitors.
Elon Musk strikes down reports on SpaceX IPO rumors
Tesla’s Robotaxi dreams just took a massive step toward reality
