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Image Credits:SpaceX4:01 PM PDT · July 16, 2026
SpaceX abruptly aborted the 2nd attempted motorboat of its upgraded Starship rocket strategy connected Thursday, conscionable moments aft the booster ignited astatine the company’s analyzable successful South Texas.
The institution was trying to instrumentality to formation conscionable a fewer weeks aft the first-ever motorboat of Starship V3 successful May.
CEO Elon Musk said successful a station connected X that “[s]ome of the engines didn’t start, triggering an automatic motorboat abort” and that the institution would effort again “hopefully successful a fewer days.”
This is besides the archetypal Starship trial motorboat since SpaceX went nationalist connected June 12 successful the largest IPO successful history. The institution raised much than $85 cardinal successful the transaction and concisely touched the valuations of Amazon and Microsoft, though its banal has steadily fallen successful the intervening month.
On Thursday, SpaceX’s banal terms closed beneath its IPO terms of $135. Its banal sank much than 4% successful after-hours trading aft the aborted motorboat earlier paring losses.
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Sean O’Kane is simply a newsman who has spent a decennary covering the rapidly-evolving concern and exertion of the proscription industry, including Tesla and the galore startups chasing Elon Musk. Most recently, helium was a newsman astatine Bloomberg News wherever helium helped interruption stories astir immoderate of the astir notorious EV SPAC flops. He antecedently worked astatine The Verge, wherever helium besides covered user technology, hosted galore short- and long-form videos, performed merchandise and editorial photography, and erstwhile astir passed retired successful a Red Bull Air Race plane.
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