Elon Musk's SpaceX Flies 20 Starlink V3 Satellites Tonight. The Stock Sits 49% Below Its High.
Tonight's launch window opens at 6:45 p.m. ET. Here's what a success would actually change.
Overview
At 6:45 p.m. ET tonight, SpaceX (NASDAQ: SPCX) gets a third try at its most consequential launch as a public company. Starship Flight 13 has a 90-minute window to lift off from the company's Starbase site in Texas, carrying the first 20 next-generation Starlink V3 satellites.
"Some of the engines didn't start, triggering an automatic launch abort," CEO Elon Musk wrote on X after the first attempt on July 16. SpaceX swapped out engines, and then weather postponed the second try on Thursday.
Details
The stock could use the win. Shares sit at about $112 as of this writing, roughly 1% above their all-time low of $110.85 and well below the $135 price from June's initial public offering (IPO).
Source
Originally published at www.fool.com.