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SpaceX abruptly canceled the second attempt to launch its upgraded Starship rocket system on Thursday, just moments after the rocket caught fire at the company’s complex in South Texas.
The company was trying to get back to flying just a few weeks after the first launch of Starship V3 in May.
CEO Elon Musk He said In a post on
This is also the first Starship test launch since SpaceX went public on June 12 The largest IPO In history. The company raised more than $85 billion in the deal and briefly took a hit on Amazon and Microsoft’s valuations, though its shares have fallen steadily in the intervening month.
On Thursday, SpaceX’s stock price closed below its IPO price of $135. Its stock fell more than 4% in after-hours trading after the aborted launch before paring losses.
This story develops…
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