SpaceX stock has cratered nearly 23% since the company joined the Nasdaq-100
SpaceX's stock plunged further on Friday, a day after it aborted a test flight for its Starship rocket at the last second.
AI Summary
SpaceX's stock dropped further in premarket trading after aborting a Starship test flight due to an engine ignition failure. The billionaire founder stated the launch was automatically aborted when some engines failed to start, with a next attempt planned for early next week. This was the first Starship V3 test flight since the company's record-breaking $85.7 billion IPO.