SpaceX Shares Under Pressure on Eve of Starship Test Flight

Source Tradingkey

TradingKey - SpaceX's stock price came under pressure in pre-market trading as the upcoming Starship Flight 13 test flight prompted investors to adopt a wait-and-see approach amid uncertainty.

In pre-market trading on July 24, Eastern Time, Elon Musk's space exploration technologies company SpaceX ( SPCX) edged lower, falling 1.15% to trade at $116.88. Yesterday, SpaceX's stock price briefly dipped to $110, hitting a new record low, before rebounding to close up 2.59% above $118.

spacex-spcx-price-7c403d3a21f043a19bb79e21a4b1ccbcSpaceX stock price chart, Source: TradingView

SpaceX's stock price fell in volatile trading today, essentially reflecting normal risk aversion ahead of the 13th Starship test flight. Because it has been postponed twice, uncertainty is high, and investors are anxious about whether it can complete the mission as scheduled.

Scheduled Launch Date

Status / Result

Main Reason for Delay

July 16, 2026

T-0 Ignition Countdown Aborted

Booster engine failed to ignite properly

July 23, 2026

Scrubbed due to weather

Thick cloud cover affecting photography

The Starship Flight 13 test flight aims not only to verify the ignition of the Super Heavy booster's upgraded Raptor 3 engines, but also carries 20 next-generation Starlink V3 satellites for the first time. As various pre-launch fueling preparations proceed smoothly, market expectations for key technological breakthroughs are rapidly heating up. The launch is scheduled for July 24, 2026, with a 90-minute window starting at 5:45 PM Central Time (CT).

Disclaimer: For information purposes only. Past performance is not indicative of future results.
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