Theme:
Light Dark Auto
GeneralTop StoriesPoliticsBusinessEconomyTechnologyInternationalEnvironmentScienceSportsHealthEducationEntertainmentLifestyleCultureCrime & LawTravel & TourismFood & RecipesFact CheckReligion
BUSINESS
Negative Sentiment

SpaceX Starship Aborts Seconds Before Launch, $1 Trillion Wiped From Market Value

SpaceX aborted the 13th test flight of its Starship rocket on July 16 at the company’s Starbase facility in Boca Chica, Texas, after multiple Raptor engines failed to ignite during the final second of the launch sequence. The flight computer automatically shut down all 33 engines when four failed to start, according to telemetry cited by Ars Technica. Elon Musk said two engines on the Super Heavy booster will be replaced, with another launch attempt targeted for early next week. The abort follows a sharp post‑IPO stock decline, with SpaceX shares down about 40% from mid‑June highs and over $1 trillion in market value erased.

Prepared by Christopher Adams and reviewed by editorial team.

Coverage of Story:

From Left

No left-leaning sources found for this story.

From Center

SpaceX Starship Aborts Seconds Before Launch, $1 Trillion Wiped From Market Value

JQJO
From Right

No right-leaning sources found for this story.

Related News

Comments

JQJO App
Get JQJO App
Read news faster on our app
GET