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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.
Elon Musk
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.
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.”
Investor's Corner
Tesla unfolded its first European “folding Supercharger”
Tesla’s folding Supercharger just arrived in Europe and it changes how fast charging expands.
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.
First Folding Unit Superchargers in Europe 🇪🇺 https://t.co/KNfYWJukkL pic.twitter.com/YR1udIpH1i
— Tesla Charging (@TeslaCharging) June 10, 2026
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.
De @Tesla community houdt hier al geruime tijd de vinger aan de pols over de toelating voor de FSD-technologie op onze Vlaamse en Belgische wegen.
Uit waardering voor jullie niet-aflatende interesse (en aanmoediging 😉), krijgen jullie hierbij de primeur: ik heb net de toelating… pic.twitter.com/Yrps4OHTj8— Annick De Ridder (@AnnickDeRidder) June 10, 2026
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.
Getting Full Self-Driving in Spain and England will be such huge milestones for Tesla. I am so excited to see how FSD performs in Madrid, Barcelona, and London, specifically.
The ultimate test will always be Mumbai or New Delhi. Excited for India’s eventual approval! https://t.co/paw9Ch1qmL pic.twitter.com/9RdDERVSSJ
— TESLARATI (@Teslarati) June 9, 2026
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.
SpaceX (SPCX) IPO is live today at $135: Here’s exactly what you need to know
Tesla unfolded its first European “folding Supercharger”
