Starship News & Analysis
7 articles
Market Mood
SpaceX (SPACEX) launches Starship in 13th test flight post IPO
SpaceX launched its Starship rocket in its 13th test flight on July 24, 2026, marking the first such flight since its record IPO last month. The rocket's Super Heavy booster detached about two minutes into the flight and made a controlled splashdown in the Gulf. Notably, SpaceX successfully deployed 20 new Starlink V3 satellites about 18 minutes into the test, which are designed to generate twice the power of previous models. This test flight is a step toward SpaceX's goals of expanding the Starlink network and preparing for future missions to the moon and Mars, which could influence investor sentiment regarding its growth potential.
Read More: SpaceX (SPACEX) launches Starship in 13th test flight post IPO
SpaceX (SPCX) Stock Falls 27% in July, Market Cap $1.52 Trillion
Space Exploration Technologies Corp. (SPCX) stock has dropped 3.3% to $119.85, falling for the seventh consecutive session. Since its June 16 peak of $2.68 trillion, the company's market cap has decreased by $1.16 trillion to $1.52 trillion. In July alone, the stock has fallen approximately 27%. The decline followed the last-minute abortion of its Starship rocket test flight, which erased about $100 billion in market value. This selloff highlights significant short-selling activity, with bearish bets increasing from 40 million to around 185 million shares, representing about 29% of SpaceX's tradable float.
Read More: SpaceX (SPCX) Stock Falls 27% in July, Market Cap $1.52 Trillion
SpaceX Shares Drop Over 3% After Starship Test Flight Aborted
SpaceX scrubbed its Starship test flight on Thursday, with CEO Elon Musk indicating another attempt could occur within days. A 90-minute launch window opened at 6:45 p.m. ET, but the launch was aborted shortly after due to engine issues. Following the announcement, shares of SpaceX fell more than 3% in extended trading, dipping below the IPO price of $135. The failure to launch impacts SpaceX's plans for its Starlink satellite internet service and upcoming NASA missions, making this a significant event for investors tracking these developments.
Read More: SpaceX Shares Drop Over 3% After Starship Test Flight Aborted
SpaceX Launches Starship Test Flight, Prepares for $75B IPO
SpaceX's Starship V3 successfully launched on Friday, following a prior scrubbed attempt due to technical issues. The flight initiated at 6:30 p.m. ET from Starbase, Texas, as part of preparations for an upcoming IPO expected to raise about $75 billion, with a valuation of $1.25 billion from February’s merger with xAI. During the test flight, dummy satellites were deployed into orbit, although the company missed some propulsion targets. This event marks the 12th test flight for Starship, which is designed to deliver 100 metric tons to orbit in a reusable configuration, critical for enhancing SpaceX's Starlink service.
Read More: SpaceX Launches Starship Test Flight, Prepares for $75B IPO
SpaceX (SPACE) Starship V3 Launch Attempt Rescheduled for Friday
SpaceX (SPACE) postponed the test flight of its newly redesigned Starship V3 due to last-minute problems. The launch was originally scheduled for Friday after an earlier cancellation. This decision reflects the company's commitment to safety before proceeding with the flight tests of the larger rocket. The success of the Starship program is critical for SpaceX's future missions, including lunar and Mars exploration.
Read More: SpaceX (SPACE) Starship V3 Launch Attempt Rescheduled for Friday
SpaceX (SPACX) Scrubs Starship V3 Test Flight, Retry on Friday
SpaceX (SPACX) has postponed the 12th test flight of its Starship V3 rocket initially scheduled for Thursday, with a new attempt set for Friday. The company has invested over $15 billion in the Starship program, which aims to deploy 100 metric tons to Earth's orbit. Last year, SpaceX's space segment generated $4.1 billion in revenue but recorded a $657 million operating loss. The connectivity division, mainly Starlink, drove $11.4 billion in sales with a $4.4 billion operating profit, highlighting its importance for the company’s financial success.
Read More: SpaceX (SPACX) Scrubs Starship V3 Test Flight, Retry on Friday
SpaceX (SPAC) Scrubs Starship V3 Launch Ahead of 12th Flight
SpaceX (SPAC) canceled the 12th launch attempt of its Starship Version 3 rocket, the tallest and most powerful rocket ever constructed. The launch was initially scheduled for today but was scrapped without details on a new date. This decision comes as the company prepares for a potential initial public offering (IPO). The significance of the Starship program is heightened as SpaceX aims for advancements in space travel and satellite deployment, impacting investor sentiment regarding its upcoming IPO.
Read More: SpaceX (SPAC) Scrubs Starship V3 Launch Ahead of 12th Flight