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Elon Musk's SpaceX is poised for a historic test flight of its massive Starship rocket early Monday. The Federal Aviation Administration authorized the company's launch and reentry operations on Sept. 26.
SpaceX aims to send its spacecraft into orbit and around Earth for the first time, and to deploy 26 of its newest Starlink satellites.
SpaceX plans to launch its massive Starship rocket early Monday in an effort to reach orbit with the spacecraft for the first time.
According to SpaceX's website, the 75-minute launch window begins at 8:15 a.m. ET, or 7:15 a.m. local time, from the company town of Starbase, Texas.
The Federal Aviation Administration told CNBC by email that it issued a "license authorization for the SpaceX Starship Super Heavy Flight 14 launch and reentry operations" on Sept. 26. With the 14th test flight of Starship, Elon Musk's aerospace and defense company also plans to deploy 26 of its new Starlink V3 satellites.
Starship is critical to SpaceX's expansion plans. The company is counting on the giant rocket to scale its Starlink, or Connectivity, business, which was its largest and only profitable segment as of the second quarter. SpaceX operates around 11,000 active satellites in orbit today, compared to roughly 650 for competitor Eutelsat OneWeb.
On SpaceX's earnings call in August, Musk said, "It's not out of the question that at some point, Starlink will deliver a majority of the world's internet, at least in countries where we're allowed to operate, which is the vast majority of countries." SpaceX went public in June in the largest IPO on record and is now valued at about $2 trillion.
SpaceX has designed its Starship Super Heavy rocket and booster to be fully reusable, and to lift more cargo for less cost into orbit than any prior spacecraft. None of the 13 earlier test flights have been intended to make it into orbit, but with the 14th flight, SpaceX is hoping Starship will circle the planet.
The company is preparing Starship for a major NASA test flight next year, and intends to use the rocket to bring U.S. astronauts back to the moon's surface.
SpaceX COO Gwynne Shotwell said during the All-In Summit earlier this month that the company also plans to use Starship to put "supercompute in space," launching "AI compute satellites" into orbit in 2027.
Elon Musk's SpaceX is poised for a historic test flight of its massive Starship rocket early Monday.