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SpaceX's Texas Starship factory set to receive more parts from Florida
After successfully delivering Starship hardware and manufacturing tools to SpaceX’s Boca Chica, Texas rocket factory and launch facilities, the company has begun preparing a second load of parts to be shipped from Florida to Texas in the near future.
This is the latest chapter in a saga that began when SpaceX revealed that it would effectively pause its Florida Starship manufacturing operations and reassign most of its affected employees. Since SpaceX’s early-December confirmation, the company’s Cocoa, Florida Starship production hub has been more or less at a standstill, only interrupted once and awhile by efforts to either scrap hardware that is no longer needed or send it to Texas, where SpaceX has redoubled efforts to build the next series of Starship prototypes.
Teams in Florida are still working tirelessly to construct a massive Starship launch mount at Pad 39A believed to be capable of supporting full-scale Starship and Super Heavy static fires and launches, confirmation that SpaceX is likely only temporarily halting Starship production in the region. Nevertheless, the focus is now unequivocally on SpaceX’s Boca Chica facilities, where the company is rapidly building and expanding manufacturing facilities and constructing the next full-scale Starship prototype (SN01).
Although manufacturing operations have been paused in Florida, the existing Cocoa facility still has a huge amount of Starship hardware strewn about, most of which appears to be bound for scrapyards. Some of that hardware and infrastructure, however, can be salvaged and used elsewhere by SpaceX, and that is exactly what the company is now doing.
Most recently, SpaceX loaded transport ship GO Discovery with two giant steel stands and a completed Starship dome and transported that hardware from Port Canaveral, Florida to Port of Brownsville in early-December 2019. After arriving, SpaceX moved the rocket parts and infrastructure by road to its Boca Chica facilities, where they have since been stored until they’re needed.
At the moment, the almost-finished Starship Mk2 prototype remains at SpaceX’s Cocoa factory in three giant pieces – a cylindrical tank and engine section, the start of a curved nose section, and the tip of that nose section. It remains to be seen what the fate of those rocket parts is, as much of the structure could theoretically be sent to Texas to expedite Starship SN01 production and assembly. However, the utility of those parts is likely almost entirely dependent on their quality and the design and fabrication delta between them and whatever SpaceX has in mind for the next phase of prototypes.
SpaceX continues to develop Starship in largely the same way it worked on Falcon 9 booster landings, beginning with a minimum viable product (Grasshopper/Starhopper) and gradually improving the test hardware into something much more reminiscent of the real deal (F9R/Starship Mk1, Mk2). Ultimately, all the experience gained and lessons learned from building and flying those increasingly more complex prototypes is merged with true orbital-class flight hardware.
It appears that SpaceX (or at least CEO Elon Musk) believes that the company may have already learned enough from Starhopper and Starship Mk1/Mk2 to graduate directly to some form of serial production – implied by his statement that the next Texas prototype will now be known as Starship SN01. Formerly Starship Mk3, Starship SN01 will be built with an array of refined or fully-new production and assembly processes, hopefully resulting in a prototype that is significantly more refined than Starship Mk1, which is believed to have been intentionally destroyed during pressure testing in November 2019.
In line with that strategy, SpaceX is preparing to ship more upgraded Starship hardware and infrastructure from Florida to Texas.
Based on photos taken in the last few days by local photographer and observer John Winkopp, GO Discovery’s next shipment will include a number of rolls of stainless steel stock, another steel stand for Starship ring assembly, and parts of another unfinished Starship tank dome.
Altogether, it’s possible that Starship SN01 assembly will end up taking far less time than Starship Mk1 or Mk2. Musk believes that that new and improved Starship prototype could be ready for flight testing as early as February or March 2020.
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Tesla has finally clarified the situation regarding the viral crash in Texas where a Model 3 slammed into a home.
CEO Elon Musk replied to reports on Monday that stated the crash was due to the company’s Full Self-Driving or Autopilot suite, which seemed unlikely to those who are familiar with it. Video showed the car slamming into a house at an excessive rate of speed, making it highly unlikely the crash was due to the suite’s operation, as it does not travel at those speeds in residential areas.
Musk said:
“This makes no sense. FSD drives slowly through neighborhood streets, and this was a high-speed crash!”
Tesla’s Head of AI, Ashok Elluswamy, added context, revealing that the company’s data shows the driver “manually overrode self-driving by pressing the accelerator all the way to 100%.”
He revealed the speed reached by the car was 73 MPH, and the accelerator was still pressed “even after the crash.”
Yup. In this case, the driver manually overrode self-driving by pressing the accelerator all the way to 100% of the accel pedal in this residential area. They reached a speed of 73 mph during the crash, and had the accelerator pressed even after the crash.
— Ashok Elluswamy (@aelluswamy) June 22, 2026
Authorities are reportedly investigating “whether Tesla’s Autopilot system played a role after a Model 3 left the roadway…slammed through a brick house at high speed and fatally struck Matha Avila as she sat inside,” the New York Post reported.
The National Highway Traffic Safety Administration (NHTSA) is now investigating the crash. Tesla will work with the agency to provide them with whatever information they need in order to clarify the cause of the crash.
Similarly, Tesla had claims of a fatal accident in Harris County, Texas, a few years ago. Early reports indicated that Full Self-Driving was the cause of the crash. After the National Transportation Safety Board (NTSB) worked with Tesla, the agency proved there was “no use of the Autopilot system at any time during this ownership period of the vehicle, including the time frame up to the last transmitted timestamp on April 17, 2021.”
Tesla alleged “driverless” crash in Texas: What is known so far
“Application of the accelerator pedal was found to be as high as 98.8 percent,” the NTSB said in their findings. The highest recorded speed in the five seconds leading up to the impact was 67 miles per hour. The area where the crash occurred is residential, and Texas State laws have default speed limits of 30 MPH in residential streets.
This appears to be a similar situation. However, an investigation will prove what happened for sure.
SpaceX announced today that it commenced its first-ever public bond offering, marking a significant step in the newly public company’s capital markets strategy.
The company announced an offering of senior unsecured notes expected to raise at least $20 billion.
The move comes just a short time after SpaceX completed one of the largest initial public offerings in history. In mid-June, the company priced shares at $135 and raised more than $85 billion, propelling founder Elon Musk’s net worth past the trillion-dollar mark and giving the firm substantial liquidity.
🚨 SpaceX has announced its inaugural offering of senior unsecured notes.
The net proceeds will be used to repay outstanding loans under its bridge loan facility in full.
This inaugural debt offering represents a financing milestone for SpaceX, which previously depended… pic.twitter.com/pcOZuVbTRv
— TESLARATI (@Teslarati) June 22, 2026
According to the company’s SEC filing, the net proceeds from the notes will be used primarily to repay in full the outstanding borrowings under its existing bridge loan facility, cover related fees and expenses, and fund general corporate purposes. The offering is being conducted under Rule 144A, as well as Regulation S, targeting qualified institutional buyers and non-U.S. investors. Notes will be unsecured obligations ranking equally with other unsubordinated debt.
The $20 billion bridge loan was used to refinance approximately $17.5 billion in higher-cost “junk” debt tied to X and xAI. SpaceX had merged with xAI in February 2026 in an all-stock deal. The bridge facility, which matures in September 2027, had represented the bulk of SpaceX’s long-term debt.
SpaceX officially acquires xAI, merging rockets with AI expertise
In connection with the bond launch, SpaceX disclosed it held approximately $100.8 billion in cash and cash equivalents as of June 19. Investor calls began on the announcement date, with pricing and launch expected shortly thereafter. Rating agencies have assigned investment-grade ratings to the proposed bonds, reflecting confidence in SpaceX’s dominant position in commercial launches and the growth trajectory of its Starlink internet offering.
The debt raise also allows SpaceX to optimize its balance sheet by replacing short-term, higher-cost bridge financing with longer-date, lower-cost fixed-income securities. This provides greater financial flexibility to support capital-intensive initiatives, including the development of Starship, the expansion of the Starlink constellation, and the integration of AI capabilities following the xAI combination.
SpaceX shares (NASDAQ: SPCX) fell sharply on the news, dropping over 16 percent overall on the market on Monday. The stock had surged initially after debuting but pulled back amid profit-taking and broader market dynamics.
Overall, the bond offering underscores SpaceX’s transition to a mature public company with access to diverse funding sources. It positions the firm to pursue its long-term vision of multiplanetary expansion and AI infrastructure, while maintaining a disciplined approach to its capital structure in a high-growth but capital-heavy industry.
SpaceX confirmed today that it has officially signed its third massive compute deal, providing compute at its Colossus data center in Southaven, Mississippi.
Reflection AI will gain immediate access to NVIDIA GB300 chips at SpaceX’s Colossus 2 data center. In return, Reflection will pay SpaceX $150 million per month starting on July 1, with total payments reaching approximately $6.3 billion if the contract runs through its duration, which is until 2029. Either party can terminate the agreement with 90 days’ notice after the initial three-month period.
CNBC first reported the deal.
🚨 SpaceXAI has agreed to a new compute deal with Reflection AI.
Reflection gets access to NIVIDIA GB300s, and will pay $150M per month to SpaceXAI for the compute. pic.twitter.com/bNPare8U5u
— TESLARATI (@Teslarati) June 22, 2026
This latest partnership highlights SpaceX’s strategy of commercializing its massive Colossus supercomputing infrastructure, originally developed to power Elon Musk’s Grok AI models. The company has rapidly expanded its customer base in the AI sector following its February 2026 merger with xAI, a transaction that valued the combined entity at $1.25 trillion.
SpaceX has previously signed significant compute deals with other major players.
It granted Anthropic exclusive access to the full capacity of its Colossus 1 data center, which exceeds 300 megawatts and includes over 220,000 NVIDIA GPUs. Details from SpaceX’s IPO filings indicate Anthropic will pay $1.25 billion per month through May 2029, potentially generating around $45 billion over the term of the deal.
Additionally, Google agreed to pay SpaceX $920 million per month for compute capacity from October 2026 through June 2029. This 32-month period will provide Google access to roughly 110,000 NVIDIA GPUs, along with supporting processors and memory. Capacity ramps up through September at a reduced fee, with termination options after the first year.
SpaceXA also established arrangements for computing power with Cursor, an AI coding startup. SpaceX acquired them in a $60 billion all-stock deal.
These arrangements position SpaceX’s collective position as an AI infrastructure powerhouse with high-margin revenue potential. The Google deal alone could generate nearly $29.5 billion over its term, while the Reflection contract adds another $6.3 billion.
Combined with the Anthropic arrangement, SpaceX stands to realize tens of billions in revenue from compute leasing in the coming years, which diversifies beyond SpaceX’s traditional rocket launches and Starlink operation.
The deals underscore growing demand for advanced AI training and inference capacity amid chip shortages and surging model development needs. Reflection, valued at $25 billion and focused on “American open intelligence” with government and national security ties, cited recent restrictions on closed models as validation for open-source approaches.
For SpaceX, the partnerships transform capital-intensive data centers into flexible revenue sources while supporting its broader AI ambitions after the company has gone public.
Tesla finally clarifies fatal Texas crash, confirms driver manually overrode acceleration
SpaceX makes $20 billion move to optimize its balance sheet
