Submission + - SpaceX stock has cratered nearly 23% since joining the Nasdaq-100 (cnbc.com)
fjo3 writes: Friday’s loss of 5.43% marked a sixth-straight losing day and came after Elon Musk’s space and artificial intelligence company aborted a test flight for its Starship rocket.
The aerospace giant was expected to launch its Starship mega rocket 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.
“Some of the engines didn’t start, triggering an automatic launch abort,” billionaire founder Musk said in a post on X. “Now offloading propellant. Next launch attempt hopefully in a few days.”
The aerospace giant was expected to launch its Starship mega rocket 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.
“Some of the engines didn’t start, triggering an automatic launch abort,” billionaire founder Musk said in a post on X. “Now offloading propellant. Next launch attempt hopefully in a few days.”
