Channel NewsAsia
AsiaPac · 11 mins ago
SpaceX targets next week for another Starship launch attempt as shares slide on abort
WASHINGTON, July 17 : SpaceX is targeting Monday for another attempt to launch its Starship rocket after a last-second abort during engine ignition on Thursday, a brief setback that nevertheless wiped roughly $100 billion from the newly public company's market value.The company's Starship rocket ignited its engines for a 13th test flight from Texas, but stopped short of lifting off when an automated abort command shut the engines down early. Four of the Starship booster's 33 engines did not ignite, according to a live SpaceX depiction of the booster's engines.A launch delay for the $15 billion rocket development program better known for dramatic engineering feats and explosive testing failures is not uncommon. Still, SpaceX shares have dropped by roughly 6 per cent to $124.30 since the abo
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