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SpaceX installs Starship booster on orbital launch mount for the third time
After several signs of imminent activity on Sunday, SpaceX has installed Super Heavy Booster 4 (B4) on Starbase’s lone ‘orbital launch mount’ for the third time.
Around 10am CST (UTC-6), SpaceX began retracting more than a dozen clamps that hold the 69m (~225 ft) tall Super Heavy – the largest booster ever built – to its transport and work stand. By 11:30am, Booster 4 was safely extracted from the stand and hovering above it as the lift team crossed their Ts and dotted their Is before proceeding. SpaceX’s newest Starbase crane then spun around and crawled a short distance to the orbital launch mount, where it lifted Booster 4 above the mount.
In a process that this particular Super Heavy prototype is thoroughly familiar with, SpaceX then very carefully lowered B4 down into the center of the donut-shaped orbital launch mount, where 20 separate clamps – each capable of deploying and retracting – form a support ring and giant hold-down clamp.
It’s unclear how exactly that process of mount installation works but it could be quite the orchestration. By all appearances, Super Heavy hold-down clamps – mechanical devices designed to hold the booster to its work stand or keep it immobile on the launch mount during a variety of test – work by reaching inside the lip of the booster’s aft ‘skirt,’ which sports a very sturdy ring of steel that 20 Raptor Boost engines mount to and push against. The 20 clamps fit precisely between each of those 20 outer Raptors and grab onto Super Heavy from the inside.
Just before liftoff, all 20 hold-down clamps will rapidly retract back into the orbital launch mount. So will another 20 small quick-disconnect umbilical panels designed to supply every single Raptor Boost engine with the gases they need to ignite. The primary booster quick-disconnect – which connects Super Heavy to power, communications, and propellant supplies – will also retract into a hooded enclosure at some point during the process. Finally, a giant, swinging arm located about halfway up Starbase’s ‘launch tower’ will retract a similar quick-disconnect panel for Starship fueling, retract two claw-like support arms, and swing back for liftoff.
Altogether, while there are likely even more than just those described above, a single Starship launch will require at least 44 separate devices to successful actuate in rapid and precise succession – 41 for Super Heavy and at least 3 for Starship. That incredible complexity – probably making Starship’s the most mechanically complex launch mount in the history of rocketry – may partially explain why Super Heavy Booster 4 has yet to even attempt a single proof test more than four months after it first left the high bay it was built in.
Without a functioning orbital launch mount, it hasn’t been possible to fully test a Super Heavy booster. With any luck, on their third rendezvous, both Booster 4 and the orbital launch mount are finally close enough to completion to perform some serious testing. At the absolute minimum, everything appears to be in order for SpaceX to properly connect Super Heavy to the launch mount and pad for the first time – the process of which is already underway. Aside from connecting B4 to the mount’s hold-down clamps, which has been done twice before, SpaceX can now attach all 20 Raptor quick-disconnects and the main booster quick-disconnect to a Super Heavy for the first time. Further up the tower, SpaceX can also partially test out the Starship quick-disconnect arm, which is half-designed to grab onto and stabilize Super Heavy.
SpaceX currently has road closures (signifying plans for ship, booster, or pad testing) scheduled on Tuesday through Friday this week, hinting at the possibility that Super Heavy B4 could finally start proof testing in mid-December.
Elon Musk
SpaceX IPO could push Elon Musk’s net worth past $1 trillion: Polymarket
The estimates were shared by the official Polymarket Money account on social media platform X.
Recent projections have outlined how a potential $1.75 trillion SpaceX IPO could generate historic returns for early investors. The projections suggest the offering would not only become the largest IPO in history but could also result in unprecedented windfalls for some of the company’s key investors.
The estimates were shared by the official Polymarket Money account on social media platform X.
As noted in a Polymarket Money analysis, Elon Musk invested $100 million into SpaceX in 2002 and currently owns approximately 42% of the company. At a $1.75 trillion valuation following SpaceX’s potential $1.75 trillion IPO, that stake would be worth roughly $735 billion.
Such a figure would dramatically expand Musk’s net worth. When combined with his holdings in Tesla Inc. and other ventures, a public debut at that level could position him as the world’s first trillionaire, depending on market conditions at the time of listing.
The Bloomberg Billionaires Index currently lists Elon Musk with a net worth of $666 billion, though a notable portion of this is tied to his TSLA stock. Tesla currently holds a market cap of $1.51 trillion, and Elon Musk’s currently holds about 13% to 15% of the company’s outstanding common stock.
Founders Fund, co-founded by Peter Thiel, invested $20 million in SpaceX in 2008. Polymarket Money estimates the firm owns between 1.5% and 3% of the private space company. At a $1.75 trillion valuation, that range would translate to approximately $26.25 billion to $52.5 billion in value.
That return would represent one of the most significant venture capital outcomes in modern Silicon Valley history, with a growth of 131,150% to 262,400%.
Alphabet Inc., Google’s parent company, invested $900 million into SpaceX in 2015 and is estimated to hold between 6% and 7% of the private space firm. At the projected IPO valuation, that stake could be worth between $105 billion and $122.5 billion. That’s a growth of 11,566% to 14,455%.
Other major backers highlighted in the post include Fidelity Investments, Baillie Gifford, Valor Equity Partners, Bank of America, and Andreessen Horowitz, each potentially sitting on multibillion-dollar gains.
News
Tesla expands global FSD (Supervised) testing with Abu Dhabi trials
The program marks the emirate’s first formal testing framework for Tesla’s supervised autonomous driving technology.
Tesla has started its first Full Self-Driving (Supervised) road trials in Abu Dhabi under the oversight of the Integrated Transport Centre, also known as Abu Dhabi Mobility.
The program marks the emirate’s first formal testing framework for Tesla’s supervised autonomous driving technology.
FSD (Supervised) road trials are being conducted with the support of the Smart and Autonomous Systems Council and in coordination with the Legislation Lab at the General Secretariat of the UAE Cabinet.
Dr. Abdulla Hamad AlGhfeli, Acting Director General of the Integrated Transport Centre (Abu Dhabi Mobility), highlighted the agency’s regulatory role in overseeing the FSD (Supervised) tests in a press release.
“The supervision of the Integrated Transport Centre (Abu Dhabi Mobility) over the commencement of Tesla’s advanced autonomous driving technology tests reflects its regulatory and legislative role. These tests represent a qualitative step to evaluate the technology’s performance in a real-world operating environment and to collect the necessary data to verify its readiness before any future expansion in usage.
“Through this organized framework, and in cooperation with strategic partners, we seek to achieve a balance between supporting innovation and encouraging the adoption of smart solutions on one hand and ensuring the safety of road users on the other, in line with the emirate’s direction to develop an advanced, safe, and sustainable transport system,” he said.
Tesla is putting a lot of effort into expanding the rollout of FSD (Supervised) to territories outside in the United States. During a recent interview with Giga Berlin plant manager Andre Thierig, Musk stated that Tesla is looking to secure approval for FSD (Supervised) in the Netherlands this coming March.
“Tesla has the most advanced real-world AI, and hopefully, it will be approved soon in Europe. We’re told by the authorities that March 20th, it’ll be approved in the Netherlands,’ what I was told. Hopefully, that date remains the same. But I think people in Europe are going to be pretty blown away by how good the Tesla car AI is in being able to drive,” Musk stated.
Elon Musk
SpaceX considering confidential IPO filing this March: report
The filing could pave the way for a June listing at a valuation that may exceed $1.75 trillion.
SpaceX is reportedly preparing to confidentially file for an initial public offering (IPO) as soon as March. The filing could pave the way for a June listing at a valuation that may exceed $1.75 trillion, potentially making it the largest IPO in history.
The update was initially reported by Bloomberg News, which cited information shared by people reportedly familiar with the matter.
As per the publication, a confidential filing allows a company to receive regulatory feedback before publicly releasing its financials. Bloomberg’s source, however, noted that the timing of SpaceX’s IPO is still under discussion and plans could change.
SpaceX did not immediately respond to requests for comment.
A March submission would mark the clearest step yet toward bringing Elon Musk’s private space company into public markets. People familiar with the preparations said the offering could raise as much as $50 billion. That would surpass the $29 billion debut of Saudi Aramco in 2019, currently the largest IPO on record.
Major banks including Goldman Sachs Group Inc., JPMorgan Chase & Co., Morgan Stanley, and Bank of America Corp. are reportedly positioned for senior roles in the transaction. SpaceX is also said to be considering a dual-class structure that would allow insiders, including Musk, to retain enhanced voting control.
Satellite communications provider EchoStar Corp., which holds a stake in SpaceX, reportedly saw its shares rise following news of the potential filing.
At a valuation exceeding $1.75 trillion, SpaceX would immediately have a larger market cap than all but five of the companies traded in the S&P 500 index. That figure would place it ahead of Meta Platforms Inc. and Tesla Inc. by market capitalization, trailing only a small group of mega-cap firms such as Apple Inc. and Microsoft Corp.
The scale of the proposed valuation reflects SpaceX’s dominance in orbital launch services and its Starlink satellite network, which serves millions of users globally. The company has also outlined long-term expansion plans tied to higher Starship launch cadence, orbital infrastructure, and lunar development initiatives.
SpaceX IPO could push Elon Musk’s net worth past $1 trillion: Polymarket
Tesla expands global FSD (Supervised) testing with Abu Dhabi trials
