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Starship V3 launch abort hits SpaceX stock again
SpaceX aborted its second Starship V3 launch attempt seconds after ignition. Elon Musk said some engines failed to start, triggering an automatic abort.
Image: TechCrunch
SpaceX abruptly aborted the second attempted launch of its upgraded Starship V3 rocket on Thursday, just moments after the booster ignited at the company’s South Texas launch site.
The company was attempting to return Starship to flight only a few weeks after the first-ever Starship V3 launch in May. In a post on X, CEO Elon Musk said that “some of the engines didn’t start, triggering an automatic launch abort,” and added that SpaceX would try again “hopefully in a few days.”
The test was also the first Starship launch attempt since SpaceX went public on June 12 in what the source describes as the largest IPO in history. The company raised more than $85 billion in the offering and briefly reached valuations comparable to Amazon and Microsoft.
That momentum has faded since then. On Thursday, SpaceX shares closed below their $135 IPO price. After the aborted launch, the stock fell more than 4% in after-hours trading before trimming some of those losses.
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Frontier Editor
Dan is our resident futurist, covering electric mobility, space exploration, and the smart home. He's interested in atoms just as much as bits. Whether it's a new battery chemistry, a reusable rocket, or a protocol that finally makes IoT devices talk to each other, Dan breaks down the engineering that pushes humanity forward.
via TechCrunch
