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SpaceX’s upgraded Starship completes second Raptor engine test in ~24 hours
SpaceX Starship prototype SN15 has completed a second ‘static fire’ test of its Raptor engines in the last 24 hours, hopefully setting up the rocket for a launch and landing attempt on Thursday or Friday.
While Monday’s test was a total success, it’s unclear if April 27th’s static fire went according to plan. Notably, it was much shorter than the Monday engine test and involved either one or two – but not all three – of Starship SN15’s Raptor engines. Historically, unusually brief static fires (~2-3 seconds) aren’t unprecedented, but they’ve generally been part of a process of troubleshooting after a prototype runs into technical issues during earlier testing.
According to Musk, SpaceX also moved to reigniting all three sea level Raptors for landing burns from Starship SN10 onwards, meaning that an intentional two-engine SN15 static fire is either a reversion to earlier two-engine landing burns or a sign of a static fire abort or engine ignition failure. If SpaceX needs to perform another test, particularly if one or more Raptors need to be replaced, Starship SN15’s launch will likely slip into early May. Stay tuned for updates.
SpaceX CEO Elon Musk says that the next Starship launch could happen “later this week” after the company’s first ‘upgraded’ prototype aced a three-engine static fire test on the first try.
While substantially delayed from optimistic initial targets just a week or two after the rocket rolled from factory to launch pad, upgraded Starship prototype serial number 15 (SN15) – outfitted with “hundreds of improvements” – fired up its three Raptor engines for a few seconds around 5pm CDT on Monday, April 26th. Also upgraded, the rocket’s engines seemed to perform nominally and SpaceX ultimately closed out the evening’s testing a few hours early.
Around the same time as SN15’s first static fire attempt was wrapping up, SpaceX distributed safety notices to Boca Chica Village residents, indicating that a second static fire test may be planned on Tuesday. Musk didn’t mention plans for a second static fire, but he did imply that the first test was completed successfully enough to enable Starship SN15 to launch just a few days from now.
Like four other “high-altitude” flight tests before it, Starship SN15 is expected to target a similar ~10-12 kilometer (6-8 mi) apogee and once again attempt to perform a complete ascent, controlled bellyflop, landing flip maneuver, and soft touchdown. Between December 2020 and April 2021, Starships SN8 through SN11 tried and failed to survive that challenge intact, though prototype SN10 did manage to survive for around ten minutes on the ground before its still-hard landing led to an explosion.
All four failures ultimately had different causes. Starship SN8 lost fuel tank pressure, starving its Raptors and causing a near-total loss of thrust seconds before touchdown. One of SN9’s Raptors failed to ignite for a landing burn, triggering an even more aggressive impact with the ground. Starship SN10 landed in one piece but its lone landing engine underperformed when it began to ingest helium ullage gas – a quick-fix implemented after SN8’s pressurization issue. SN11 exploded almost immediately after attempting to ignite its three engines for landing, failing even earlier than its predecessors.
All four flight tests saw each respective Starship prototypes narrowly miss a fully successful and survivable landing, providing SpaceX a great deal of data and direct experience to improve the rocket’s design and operations with. Two of the four failures – SN9 and SN11 – appear to have been the fault of one or more of Starship’s three Raptor engines. Beginning with Starship SN15, SpaceX has moved to an upgraded iteration of the next-generation engine, raising hopes that whatever changes the company has implemented will substantially improve reliability and thus the odds of a successful high-altitude launch and landing test.
As of April 26th and in spite of one or two weeks of delays, the fact that Starship SN15 managed to complete a three-Raptor static fire test on its first true attempt is a great sign that the rocket’s many “improvements” may already be paying dividends. A launch “later this week” would make the effects of those improvements even harder to deny. A successful launch and landing in the next few days would all but guarantee that SpaceX’s process of iterative development is working like a charm. Regardless of whether SN15 survives its first flight, Starship SN16 will likely be ready to take over a matter of days later.
Tesla CEO Elon Musk posted a photo of himself standing with the Optimus production team inside Tesla’s Fremont factory, arms crossed amid workers in hard hats and safety vests. The image captures a pivotal industrial shift: the same facility space once dedicated to building Tesla’s flagship Model S sedan and Model X SUV is now home to the company’s humanoid robot manufacturing line.
Walking the Optimus production line in Fremont pic.twitter.com/ABS0tuRibW
— Elon Musk (@elonmusk) July 1, 2026
Tesla’s Fremont Factory, acquired in 2010 from the former NUMMI joint venture between Toyota and GM, has been the company’s original U.S. manufacturing hub since Model S production began in 2012.
The Model X followed soon thereafter. These premium vehicles offered lower annual volumes, recently around 30,000 combined, compared to the high-volume Model 3 and Model Y lines that continue around the site. Over their combined run, the S and X accounted for roughly 610,000 units.
In late January 2026, during Tesla’s Q4 2025 earnings call, Elon Musk announced the end of Model S and Model X production in Q2 2026. The final vehicles rolled off the line in early May. Rather than retooling for another vehicle, Tesla chose to convert the dedicated S/X assembly area into a dedicated Optimus Gen 3 production line.
Model 3 and Y manufacturing remains unaffected. Tesla’s official Fremont Factory page now lists Optimus alongside the 3 and Y as core products.
The conversion was executed with remarkable speed. After production stopped, crews dismantled the existing vehicle line and installed entirely new modular equipment—including lines sourced from Germany and dozens of sub-lines for actuators, batteries, and other components—in roughly four months.
Musk described the timeline as “insanely fast,” noting it would be unprecedented for any other manufacturer. Initial Optimus output is expected to ramp slowly due to the robot’s roughly 10,000 unique parts and the brand-new production processes involved. The Fremont line targets an eventual capacity of 1 million Optimus units per year.
Tesla isn’t joking about building Optimus at an industrial scale: Here we go
Optimus Development Timeline
- August 19, 2021: Optimus (then called Tesla Bot) formally announced at Tesla’s first AI Day. A concept video showed a person in a suit demonstrating the vision for a general-purpose humanoid capable of dangerous, repetitive, or boring tasks using the same AI architecture as Full Self-Driving.
- 2022: Early prototypes displayed. At the second AI Day in September, semi-functional units demonstrated walking across a stage and basic arm movements
- 2023: September videos showed improved capabilities, including sorting colored blocks, precise limb awareness, and holding a Yoda pose.
- 2024-early 2025: Factory integration videos showed Optimus navigating workspaces and handling objects like battery cells.
- January 2026: Gen 3 mass-production activities began at Fremont, with reports of over 1,000 Gen 3 units already operating inside the factory for real-world learning and AI training
- April 2026: Musk confirms Optimus production on converted Fremont line would begin in late July or August 2026. The Gen 3 reveal, originally eyed for Q1, was pushed closer to production start. A second, much larger Optimus factory at Giga Texas is under construction, with volume production targeted for Summer 2027 and long-term capacity of 10 million units annually
- July 1, 2026: Musk’s on-site visit and team photo confirm the Optimus line is operational and the transition is actively progressing
Tesla positions Optimus as potentially its largest project ever, leveraging vertical integration, AI expertise, and car-like manufacturing know-how to scale humanoid robots first for its own factories and later for broader industrial and consumer use.
The Fremont conversion serves as a critical proving ground for this ambitious new chapter in Tesla’s already-rich history.
Investor's Corner
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
Tesla short seller Michael Burry, the subject of the film “The Big Short,” where he was portrayed by Steve Carell, has revealed he has opened a new bet against the stock.
In a new update to his Substack newsletter in a post titled “Trading Post June 30, 2026,” Burry revealed a new set of bets against Tesla, Caterpillar, NVIDIA, Applied Materials Inc., and the iShares Semiconductor ETF.
In regard to Tesla, Burry wrote:
“And finally I shorted Tesla at 416.22. Happy it jumped back to this level.”
This means Burry likely opened his new short position after the company’s recent rally on Wall Street, which saw Tesla shares sink in mid-May, only to recover to well over the $400 mark. Currently, shares trade at around $427.
The company saw a big Tuesday as shares climbed considerably, over 10 percent. The size of the Tesla short was not provided, nor did Burry give any information on the position’s structure, the number of shares, dollar value, or whether options were used in the short.
The Tesla and SpaceX merger everyone is talking about is quietly building
Over the years, Burry has been one of the more vocal critics of Tesla, calling its share price “media inflated,” and saying it was “ridiculously overvalued” as recently as December.
The company has largely transitioned away from being known as an automotive company and instead is much more widely regarded as an AI play, mostly due to its Full Self-Driving efforts, Optimus robot development, and data collection related to both.
This has not pulled those skeptics away from being vocal about their distaste for how Tesla is valued, but there’s no denying that the company is a global force in many things, including sustainable energy, automotive, and AI.
Wedbush Securities is initiating stock coverage on SpaceX (NASDAQ: SPCX), marking the first comments on the company since it went public several weeks ago. Wedbush and its analyst handling coverage, Dan Ives, are widely bullish on fellow Musk company Tesla (NASDAQ: TSLA).
Ives wrote his first note initiating coverage of SpaceX shares on Wednesday with a $190 price target and an ‘Outperform’ rating. The firm believes the company is well positioned off of its IPO because of its wide array of projects, including AI compute power and infrastructure, connectivity projects, and launches.
“We view SpaceX as one of the most differentiated assets within the tech market with a strong footprint across its three core markets, with Starlink driving success with connectivity,” Ives wrote, “Starship launches leading to a demand flywheel and increasing deal flow for its Colossus clusters.”
Elon Musk called it Epic: The full story of SpaceX’s Starship Flight 12
Wedbush leans heavily on Starlink, which they say is the “profitability driver given the strength of its recurring revenue base of ~12 million subscribers as of June 5th.” Ives believes Starlink is still in the “early innings” of penetrating the global telecommunications and broadband market, as it only holds less than a 1 percent share. However, this number is sure to increase over time.
It also highlights the importance of Starship, which it says is an “essential layer” of SpaceX’s overall success. SpaceX developing and displaying the ability to reuse rockets is a major cost and reliability advantage “as it reduces the necessary hardware launch costs while generating a feedback loop for future flights to improve their launch flight rate without accelerating capex spend.”
Finally, SpaceX’s recent AI/Compute projects are also very elementary, Ives writes. It is worth mentioning Wedbush said its $190 price target is derived from a valuation forecast that sees the company yielding roughly $2.48 trillion of implied enterprise value.
There are also some factors that Wedbush did not take into account with its initial coverage. The firm wrote in the note:
“We note that there is optional value coming from Starship’s accelerating scale towards sub-$200/kg unit economics, orbital data centers, and enterprise AI monetization as these factors could drive meaningful upside but these face major hurdles, so we do not take that into account with our valuation.”
SpaceX shares are down just over 2 percent today, trading at around $167 at the time of publication.
Tesla Optimus project fires up as Musk sees production line progress
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
