SpaceX Shares Under Pressure on Eve of Starship Test Flight
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SpaceX (SPCX) shares declined 1.15% to $116.88 in pre-market trading on Eastern Time July 24, as investors adopted a cautious stance ahead of the Starship Flight 13 test. Following recent volatility and record lows, market sentiment remains sensitive to the mission’s success, given previous delays due to technical and weather issues. This flight is critical, as it aims to validate upgraded Raptor 3 engines and deploy 20 next-generation Starlink V3 satellites. Investors are monitoring the 90-minute launch window starting at 5:45 PM Central Time today, balancing high technological expectations against persistent execution risks.
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 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).
This content was translated using AI and reviewed for clarity. It is for informational purposes only.
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