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SpaceX Delays Starship 13th Flight to July 24; SPCX Stock Down 23% Since IPO

GateNews
Stocks
SPCX2.61%

According to Bitcoin.com News, SpaceX delayed Starship's 13th flight test to Friday, July 24, after Booster 20's Raptor engines failed to ignite on July 16 and weather conditions forced another postponement on July 23. The launch window opens at 6:45 p.m. ET from Starbase in South Texas, with Starship set to deploy 20 Starlink V3 satellites if the flight succeeds.

SPCX shares have traded below their $135 IPO price since July 17, dropping nearly 23% to $118 as of today, more than 40% below the stock's all-time high of $202.

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SpaceX Stock Falls to $118.25 as Short Sellers Hold $15.5B Profits

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SpaceX falls by nearly half within a month after going public, setting a new all-time low: a hundred-billion-level unlock puts pressure on the stock—where is SPCX’s bottom?

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SpaceX Stocks Close at $123.54 Ahead of August 4 Earnings and Lockup Expiration

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GateUser-f322802fvip
· 17m ago
Just go for it 👊
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