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SpaceX Shares Drop Over 3% After Starship Test Flight Aborted

Published on · Source: cnbc.com

SpaceX Shares Drop Over 3% After Starship Test Flight Aborted

AI Summary

Summarized by AI from the source below

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.

Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.

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