SpaceX's Starship rocket test launch was automatically aborted seconds before liftoff due to a failure in igniting four of its 33 Raptor engines. This triggered the rocket's safety system to shut down all engines and keep the vehicle on the launch pad, leading to a 4% drop in SpaceX shares, which opened below the IPO price of $135. CEO Elon Musk announced plans to replace two engines and attempt another launch early next week. The mission was to carry 20 upgraded Starlink satellites to test orbital communications, following FAA clearance after a previous test incident in May.
Tesla, SpaceX, and Meta are experiencing early pre-market declines due to geopolitical risks from the Middle East conflict and cautious investor sentiment ahead of earnings reports. Tesla is nearing a key support level at $383 before its earnings nex...
SpaceX shares fell 4.2% after aborting the Starship V3 launch due to engine issues, continuing a five-day decline below its IPO price. Netflix reported Q2 revenue of $12.56 billion, slightly missing expectations despite 13.4% growth and strong operat...
SpaceX's stock fell in premarket trading following the abortion of its Starship rocket test flight caused by an engine ignition failure. The launch, scheduled in Texas, was stopped automatically when some engines failed to start. Founder Elon Musk an...
SpaceX postponed its 13th Starship V3 rocket launch during the scheduled 90-minute window, causing its stock to drop further below its IPO price. The company's shares declined over 3% in premarket trading on Friday, following a similar drop on Thursd...
In June 2026, the US IPO market reached a record high with 19 offerings raising $97.9 billion, a massive jump from $13.1 billion in May and $4.2 billion a year earlier. This surge was driven by Space Exploration Technologies Corp. (SpaceX), whose IPO...
