SpaceX's First Orbital Starship Flight Is Targeted for Sept. 22. Here's What's Riding on It for the Stock.
Starship's 14th test flight would be its first try at orbit -- and its first with a payload that makes money.
Overview
SpaceX (NASDAQ:SPCX) is getting ready to send Starship to orbit for the first time. The company is targeting the rocket's 14th test flight for as soon as Tuesday, Sept. 22 (pending regulatory sign-off as of this writing).
And the attempt won't be flying empty. The ship is set to deploy 26 of Starlink's next-generation V3 satellites, the first Starship cargo with revenue attached.
Details
Both milestones matter, because with SpaceX's market value near $2 trillion, a lot rests on what this rocket is eventually supposed to do.
Source
Originally published at www.fool.com.
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