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SpaceX returns Starship booster to factory after two major Raptor tests

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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.

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.

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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.

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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.

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Eric Ralph is Teslarati's senior spaceflight reporter and has been covering the industry in some capacity for almost half a decade, largely spurred in 2016 by a trip to Mexico to watch Elon Musk reveal SpaceX's plans for Mars in person. Aside from spreading interest and excitement about spaceflight far and wide, his primary goal is to cover humanity's ongoing efforts to expand beyond Earth to the Moon, Mars, and elsewhere.

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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.

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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.”

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Tesla unfolded its first European “folding Supercharger”

Tesla’s folding Supercharger just arrived in Europe and it changes how fast charging expands.

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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.

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Tesla stuns with another FSD approval in Europe, its second in two days

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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.

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.

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.

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