SpaceX shares fall further in premarket trading after the company aborts a Starship rocket test flight at the last second. CNBC reports that the stock declines further on Friday, one day after SpaceX aborted a previous test flight. Quartz adds that the abort follows an engine ignition failure that forces the company to scrub the flight Thursday. Both outlets link the stock movement to the aborted Starship test event and describe the latest drop as an extension of the previous decline. Quartz notes that the stock trades below SpaceX’s $135 IPO price, underscoring the magnitude of the move. The reports focus on the immediate cause of the scrubbing—an engine ignition failure—and do not describe any additional investigation outcomes or follow-up actions in the sources provided. Overall, the coverage presents a clear timeline: a Starship test flight is aborted late due to an engine ignition problem, and the stock continues to slide in subsequent trading.
SpaceX shares drop again after Starship test flight aborted at last second
SpaceX shares fall further in premarket trading after the company aborts a Starship rocket test flight at the last second. CNBC reports that the stock declines further on Friday, one day after SpaceX...
- SpaceX shares decline further in premarket trading after a Starship test flight is aborted.
- The most recent Starship test flight is scrubbed at the last second.
- Quartz reports an engine ignition failure as the reason for the abort.
- The abort occurs after a prior test flight was also aborted the day before.
- Quartz says the shares trade below SpaceX’s $135 IPO price.
An engine ignition failure forced SpaceX to scrub a Starship test flight Thursday, sending the stock further below its $135 IPO price
3 hours agoSpaceX's stock plunged further on Friday, a day after it aborted a test flight for its Starship rocket at the last second.
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