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 announced plans to replace two Raptor engines and attempt another launch early next week. Investors remain cautious after SpaceX's record $85.7 billion IPO in June, closely watching the company's rocket test progress.
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 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...
SpaceX canceled the planned test flight of its upgraded Starship V3 rocket due to engine start failures, causing an automatic abort. This was the first flight attempt since the rocket's May launch, which ended with a booster mishap. The Federal Aviat...
Short sellers have sharply increased their bets against SpaceX, with about 185 million shares sold short, representing nearly 29% of the company's public float and around $25 billion in bearish wagers. This surge follows the stock's decline of about ...
