{"id":807815,"date":"2026-07-17T12:30:09","date_gmt":"2026-07-17T12:30:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/807815\/"},"modified":"2026-07-17T12:30:09","modified_gmt":"2026-07-17T12:30:09","slug":"spacex-stock-falls-further-after-starship-test-flight-aborted","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/807815\/","title":{"rendered":"SpaceX stock falls further after Starship test flight aborted"},"content":{"rendered":"<p>A SpaceX Starship spacecraft rolls out toward its launch pad past the Starbase Manufacturing Facility before its 10th test flight from the company&#8217;s complex in Starbase, Texas, U.S., August 23, 2025. <\/p>\n<p>Steve Nesius | Reuters<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/quotes\/SPCX\/\" rel=\"nofollow noopener\" target=\"_blank\">SpaceX&#8217;s<\/a> stock fell further on Friday, a day after it <a href=\"https:\/\/www.cnbc.com\/2026\/07\/16\/spacex-spcx-stock-starship-test-flight.html\" rel=\"nofollow noopener\" target=\"_blank\">aborted a test flight for its Starship rocket<\/a> at the last second, and amid choppy post-IPO trading. <\/p>\n<p>The aerospace giant was expected to <a href=\"https:\/\/x.com\/elonmusk\/status\/2077867066556547097\" target=\"_blank\" rel=\"nofollow\">launch its Starship mega rocket<\/a> within a 90-minute window at 5:45 p.m. in Texas on Thursday, but an engine ignition failure forced SpaceX to scrub the launch. <\/p>\n<p>&#8220;Some of the engines didn&#8217;t start, triggering an automatic launch abort,&#8221; billionaire founder <a href=\"https:\/\/www.cnbc.com\/elon-musk\/\" rel=\"nofollow noopener\" target=\"_blank\">Elon Musk<\/a> said in a post on X. &#8220;Now offloading propellant. Next launch attempt hopefully in a few days.&#8221; <\/p>\n<p>SpaceX was last seen down 3.5% in premarket trading, after falling more than 3% in after hours trading. <\/p>\n<p>Musk later added in a post that 2 Raptors will be removed and replaced, and that a launch is planned again for early next week. <\/p>\n<p>Investors are watching the company&#8217;s rocket tests more closely after it raised a record $85.7 billion in the <a href=\"https:\/\/www.cnbc.com\/2026\/06\/15\/spacex-ipo-spcx-greenshoe-overallotment.html\" rel=\"nofollow noopener\" target=\"_blank\">biggest initial public offering<\/a> ever in June, pricing shares at $135. SpaceX&#8217;s shares have soared and dipped since its stock market debut. <\/p>\n<p>Stock Chart IconStock chart icon<img decoding=\"async\" src=\"https:\/\/static-redesign.cnbcfm.com\/dist\/a54b41835a8b60db28c2.svg\" class=\"Collapsible-dismissButton\" alt=\"hide content\"\/><\/p>\n<p>SpaceX&#8217;s stock since it went public in June. <\/p>\n<p>This was SpaceX&#8217;s first test flight of Starship V3 since its blockbuster IPO. A previous attempt in May failed after sending the Starship upper stage toward the Indian Ocean. The Super Heavy booster failed to make a controlled landing in the Gulf of Mexico after five of its 33 Raptor engines failed to reignite.<\/p>\n<p>The <a href=\"https:\/\/www.cnbc.com\/2026\/07\/13\/us-agency-closes-starship-review-ahead-of-spacexs-next-test-flight.html\" rel=\"nofollow noopener\" target=\"_blank\">U.S. Federal Aviation Administration<\/a> ordered an investigation into the mishap and on Monday cleared the company so it could continue its test trials. <\/p>\n<p><a href=\"https:\/\/www.google.com\/preferences\/source?q=https:\/\/www.cnbc.com\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"A SpaceX Starship spacecraft rolls out toward its launch pad past the Starbase Manufacturing Facility before its 10th&hellip;\n","protected":false},"author":2,"featured_media":807816,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[1386,2158,45,161,49,48,250,190910,100,17276,6888,61,544],"class_list":["post-807815","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-breaking-news-markets","tag-breaking-news-technology","tag-business","tag-business-news","tag-ca","tag-canada","tag-elon-musk","tag-intl-premarket-movers","tag-markets","tag-space-exploration-technologies-corp","tag-spacex","tag-technology","tag-texas"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/807815","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=807815"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/807815\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/807816"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=807815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=807815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=807815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}