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Musk's SpaceX Delays Starship's 13th Flight to Friday as Company Stock Trades at Just $118
SpaceX postponed the 13th Starship test flight to Friday, July 24, because weather threatened to spoil essential heat‑shield imaging, marking the third delay in just over a week.
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Updated:
What happened
SpaceX postponed the 13th Starship test flight to Friday, July 24, because weather threatened to spoil essential heat‑shield imaging, marking the third delay in just over a week.
Confirmed
Global impact / market context
The delay pushes back a key milestone for Starship’s development, which could slow progress toward Musk’s plans for lunar and Mars missions and keep investors watching a company whose shares are trading below the IPO price.
Analyst inference
SpaceX’s stock has stayed under its $135 IPO level since mid‑July, reflecting investor concern about execution risk after multiple recent setbacks, even as the broader space sector remains growth‑oriented.
Analyst inference
What to watch
- Whether the Friday launch succeeds and produces clear heat‑shield images, which would restore confidence in the test schedule. Proposed
- Any further weather‑related postponements that could add to the series of delays and affect the company’s timeline. Proposed
- Share price movement around the launch, especially if the outcome influences investor sentiment about SpaceX’s valuation. Proposed