What Happened
Starship Launch Postponed Amid Stock Slide And Earnings Anticipation
SpaceX has postponed the test launch of its Starship rocket due to inclement weather, marking the second delay for this particular test. The company aims to make Starship fully reusable, which could lower costs by 90% compared to its Falcon 9. SpaceX plans to use Starship for its Starlink internet service and NASA’s Artemis moon landing missions. The delay comes ahead of SpaceX’s second-quarter earnings report, according to Investor’s Business Daily.