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๐ ๐ Last-Second Abort: SpaceX Stock Slides 4% After Starship Flight 13 Is Canceled ๐บ๐ธ ๐ฅ
SpaceX shares ($SPCX ) fell 4% in after-hours trading after the expected 13th test flight (IFT-13) of its giant Starship rocket was automatically aborted right at the moment of liftoff from Starbase in Texas.
๐ Key points from the incident:
๐ Abort on the pad: The countdown reached zero and the water suppression system was triggered, but the launch was immediately halted after the partial ignition of the Raptor engines, triggering an automatic abort.
๐ ๏ธ The technical cause: CEO Elon Musk clarified on X that the safety system was activated because some engines did not ignite properly during the startup sequence.
๐ก Next steps: SpaceX proceeded to vent the shipโs cryogenic fuel and is already investigating the engine data to reprogram the launch in the coming days. Flight 13 is crucial, as for the first time it will carry Starlink V3 satellites on board.
๐ฌ Do you think this technical setback will negatively impact the companyโs overall valuation in the long term, or is it just a minor delay in its rapid development? Share your thoughts below! ๐๐ฅ
$SPACE
$SPCX
$BTC
#SpaceX #Starship #ElonMusk #Starbase #SpaceXStock
SpaceX shares ($SPCX ) fell 4% in after-hours trading after the expected 13th test flight (IFT-13) of its giant Starship rocket was automatically aborted right at the moment of liftoff from Starbase in Texas.
๐ Key points from the incident:
๐ Abort on the pad: The countdown reached zero and the water suppression system was triggered, but the launch was immediately halted after the partial ignition of the Raptor engines, triggering an automatic abort.
๐ ๏ธ The technical cause: CEO Elon Musk clarified on X that the safety system was activated because some engines did not ignite properly during the startup sequence.
๐ก Next steps: SpaceX proceeded to vent the shipโs cryogenic fuel and is already investigating the engine data to reprogram the launch in the coming days. Flight 13 is crucial, as for the first time it will carry Starlink V3 satellites on board.
๐ฌ Do you think this technical setback will negatively impact the companyโs overall valuation in the long term, or is it just a minor delay in its rapid development? Share your thoughts below! ๐๐ฅ
$SPACE
$SPCX
$BTC
#SpaceX #Starship #ElonMusk #Starbase #SpaceXStock
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