Elon Musk Reveals When SpaceX Will Reach Its Next Major Milestone On Thursday, Musk gave a formal presentation on the development of SpaceX's Starship.

By Chloe Arrojado

Bloomberg | Getty Images

On Thursday, SpaceX CEO Elon Musk gave a presentation on the design, development and testing of the company's Starship. This is the first time Musk has given a formal presentation on the space venture since September 2019.

During his update, Musk relayed confidence that the SpaceX Starship, designed for trips to the moon and Mars, will get to Earth's orbit for the first time in 2022.

"I feel at this point highly confident that we'll get to orbit this year," Musk said.

However, there are a few operational challenges for the Starship moving forward. Though he has a "rough estimate" that the Federal Aviation Administration (FAA) will give SpaceX approval to try a launch to orbit from Boca Chica, Texas in March, Musk admitted SpaceX doesn't have much insight into where things stand with the government agency. He also touched on technical improvements, such as fixing issues with the Starship's chamber.

Related: Elon Musk's SpaceX Is Putting a 'Literal Dogecoin on the Literal Moon'

Musk also clued the audience in on potential business opportunities for the Starship, though he shied away from revealing any names.

"There's going to be some future announcements that I think people will be pretty fired up about," he said. "There are a lot of additional customers that will want to use Starship [but] I don't want to steal their thunder. They're going to make their own announcements."

You can watch Musk's full update here:

SpaceX also released an animation simulating how a crewed Starship would voyage to Mars, which can be watched here:

Related: SpaceX Will Make Elon Musk a Trillionaire, According to Predictions

Wavy Line
Chloe Arrojado

Entrepreneur Staff

Editorial Assistant

Editor's Pick

A Leader's Most Powerful Tool Is Executive Capital. Here's What It Is — and How to Earn It.
One Man's Casual Side Hustle Became an International Phenomenon — And It's on Track to See $15 Million in Revenue This Year
3 Reasons to Keep Posting on LinkedIn, Even If Nobody Is Engaging With You
Why a Strong Chief Financial Officer Is Crucial for Your Franchise — and What to Look for When Hiring One

Related Topics

Growing a Business

My Startup Scored a Multimillion-Dollar Contract With a Fortune 100 Client in Just 3 Years. Here's What We Learned.

There's no perfect litmus test to gauge if you're ready to go after big business or not — but if you don't take the risk, you'll never realize the reward.

Business News

The Virgin Islands Want to Serve Elon Musk a Subpoena, But They Can't Find Him

Government officials would like to talk to Tesla's owner as part of an investigation into the Jeffrey Epstein case.


5 Questions to Ask a PR Pro Before Hiring Them

You probably haven't considered asking these questions, but they're a great way to find the right PR firm for your business.

Side Hustle

A Simple Household Chore Turned Into a Side Hustle — Now She Earns Up to $24,000 Per Month

Christian Sanya, 44, was working as a medical laboratory technologist in 2019 when she discovered a side gig that would change her life.


This Location-Based Marketing Technique Is the Key to Boosting Retail Sales

Let's take an in-depth look at geofencing marketing and how it's helping retail locations drive foot traffic and boost sales.