SpaceX Updates: Starship Engine Test, $25B Bond Close & Starlink Mobile Plans - June 26, 2026

Key points

• •SpaceX’s Starship development advanced with the next-generation Starship Version 3 successfully completing its first engine firing test on June 26, 2026, about a month after the first launch of its predecessor. These milestones move SpaceX closer to operational flights and interplanetary travel objectives.[Space][Space.com News]
• •The company secured substantial funding by closing a $25 billion bond offering on June 26, 2026, divided into five tranches, with reported investor orders reaching $90 billion shortly after its $86 billion IPO. This significant capital raise underpins SpaceX’s ambitious aerospace projects and expansion plans.[Investing.com]
• •SpaceX is expanding its Starlink satellite internet service with plans to launch a mobile Starlink offering for US consumers, aiming to compete with major telecom providers like AT&T and Verizon. This strategic push could significantly increase broadband access, especially in rural and underserved areas across the United States.[Yahoo! Finance Canada][Financial Times]
• •NASA awarded SpaceX a contract worth up to $843 million to build a dedicated spacecraft that will deorbit the International Space Station into the Pacific Ocean. This critical end-of-life mission solidifies SpaceX’s role in NASA’s future space operations and space station management.[Space Daily]
• •To support Mars missions, SpaceX is developing an eight-mile-long 'Starpipe' to supply fuel to its Mars-bound Starship. Alongside this, the company also plans to construct its own gas pipeline to feed all Starship launches, demonstrating a major infrastructure investment to enable sustained deep-space exploration.[Yahoo Finance UK][Gizmodo]
• •In a strategic move to boost market visibility, SpaceX is expected to be included in the Nasdaq 100 index soon, which may attract more investors and influence stock performance. Despite this, recent weeks have seen volatility in SpaceX’s stock with fluctuations including a 17% decline during its first trading week.[CNBC]
• •Continuing the expansion of its satellite network, SpaceX is set to launch additional Starlink satellites from Vandenberg Space Force Base, reinforcing its global broadband internet constellation. This launch further supports the company’s push to enhance worldwide connectivity.[KSBY News]

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