SpaceX Delays Starship Flight 13 After Raptor 3 Engine Abort, SPCX Stock Slides

Source Beincrypto

SpaceX has rescheduled the 13th test flight of its Starship rocket to Thursday, July 23. A Raptor 3 engine ignition failure forced an automatic abort of the earlier attempt.

The setback triggered a fresh slide in SpaceX (SPCX) stock. The rocket will carry 20 V3 Starlink satellites for the first time.

SpaceX Delays Starship Flight 13 to Thursday

SpaceX confirmed the new launch window in a post on X on Monday.

SpaceX had aimed to fly earlier in the week, but several Raptor 3 engines failed to ignite during the countdown. The company has not detailed a root cause. The flight marks the second outing for the newer Starship V3 design. It will lift off from Starbase, Texas.

Starship will also deploy 20 functional V3 Starlink satellites for the first time. SpaceX needs a clean satellite deployment before the rocket can carry heavier commercial payloads.

SPCX Stock Slides Toward Its All-Time Low

SpaceX shares changed hands near $124 on Monday. That marked a drop of more than 5% in a day. The stock now sits close to its 52-week low of $122.12. It sits roughly 23% below its $135 IPO price.

SpaceX Stock ChartSpaceX Stock Chart. Source: TradingView

The setback compounds a rough stretch for SpaceX investors. Shares fell below IPO price earlier this month. Short interest climbed sharply during an earlier stock crash, reportedly reaching 185 million shares, or 29% of the tradable float.

Crypto traders can react to the news outside normal market hours. Platforms built on the xStocks framework offer tokenized SpaceX shares backed one to one by SPCX. Other venues list leveraged tokens that amplify each move in either direction.

What’s Next for SpaceX Investors

A clean flight Thursday could help SPCX claw back some losses. Evercore ISI still rates the stock Outperform with a $230 target. The firm argues the drop reflects profit-taking rather than weaker fundamentals.

However, another abort would deepen pressure ahead of August share unlocks. Q2 earnings, due in early August, will also trigger SpaceX’s first major share unlock since the IPO. The Nasdaq-100 inclusion drop already showed how sensitive shares are to news flow, even on a day with otherwise positive headlines.

Thursday’s launch window now carries outsized weight for SPCX holders. Meanwhile, a successful flight could steady sentiment ahead of earnings. A second abort would leave the stock searching for a floor near its all-time low.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
All hope seems lost for a Bitcoin recovery this year. Is it really over?Bitcoin is back in the danger zone, as prices fell to their lowest level since January on Thursday after selling pressure got worse across the crypto market. Bitcoin’s price is currently at $63,300, down by over 16% for the week. Over the past seven days, Bitcoin has lost about 13% and slipped into the $67,000...
Author  Cryptopolitan
Jun 04, Thu
Bitcoin is back in the danger zone, as prices fell to their lowest level since January on Thursday after selling pressure got worse across the crypto market. Bitcoin’s price is currently at $63,300, down by over 16% for the week. Over the past seven days, Bitcoin has lost about 13% and slipped into the $67,000...
placeholder
Elon Musk Sends SpaceX Shares Lower With Two-Word AI Device DenialElon Musk dismissed a Wall Street Journal report that SpaceX built a prototype AI device, calling it “utterly false”. SpaceX stock (SPCX) fell about 7% on Wednesday as investors weighed the conflictin
Author  Beincrypto
Jul 02, Thu
Elon Musk dismissed a Wall Street Journal report that SpaceX built a prototype AI device, calling it “utterly false”. SpaceX stock (SPCX) fell about 7% on Wednesday as investors weighed the conflictin
placeholder
Gold Price Outlook For July 2026Gold trades near $4,140 on Tuesday, down 26% from January’s record high of $5,598 per ounce. This gold price prediction for July 2026 examines why the metal keeps falling and where it could bottom.Fiv
Author  Beincrypto
Jul 08, Wed
Gold trades near $4,140 on Tuesday, down 26% from January’s record high of $5,598 per ounce. This gold price prediction for July 2026 examines why the metal keeps falling and where it could bottom.Fiv
placeholder
Cardano Activates the Van Rossem Hard Fork: Will It Boost ADA Price?Cardano activated its Van Rossem hard fork on July 18, upgrading the network to Protocol Version 11 with faster, cheaper smart contracts and stronger node security.The transition was smooth, but the r
Author  Beincrypto
23 hours ago
Cardano activated its Van Rossem hard fork on July 18, upgrading the network to Protocol Version 11 with faster, cheaper smart contracts and stronger node security.The transition was smooth, but the r
placeholder
XRP Achieves a Milestone No Other Altcoin Has Ever Reached in Crypto HistoryXRP just secured a record no other altcoin can claim, staying inside crypto’s top 10 by market cap every single year since 2014.The streak spans more than a decade, from bull runs to brutal bear marke
Author  Beincrypto
22 hours ago
XRP just secured a record no other altcoin can claim, staying inside crypto’s top 10 by market cap every single year since 2014.The streak spans more than a decade, from bull runs to brutal bear marke
goTop
quote