SpaceX's Unlucky Flight 13 Fails to Launch Starship. Can the Stock Survive Yet Another Delay?
A looming NASA deadline and anxious investors put Elon Musk between a space rock and a hard place.
Overview
It was the most important day for Space Exploration Technologies Corp. (NASDAQ:SPCX) – commonly known as SpaceX – since its IPO: the 13th test launch of the Starship megarocket that forms the cornerstone of Elon Musk’s plans for continued space launch dominance.
But it ended with a whimper and not a bang.
Details
As the countdown timer hit zero, after the engines had already ignited, the launch was scrubbed. That left the massive rocket – and SpaceX CEO Elon Musk’s grand ambitions – in limbo yet again.
Source
Originally published at www.fool.com.
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