SpaceX Starship Test Flight 13 Canceled After Engine Startup Failure; Stock Falls Over 3%

SPCX-3.14%
CEO Elon Musk announced Thursday evening (July 16) that SpaceX canceled Starship's 13th test flight after multiple engines failed to start during the 90-minute launch window. Musk stated on X that the company would replace two Raptor engines and target next week for the next attempt. SpaceX stock fell over 3% in after-hours trading, closing at $131.11, moving further from its $135 IPO price from June.
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