SpaceX (SPCX) Tumbles 4% Ahead of Major Starship Test Flight

TLDR

• SpaceX stock fell about 4%, trading near $113 before Starship Flight 13.
• SPCX is now about 16% below its $135 IPO price.
• SpaceX is reportedly turning away future Falcon 9 customers beyond 2028.
• Starship Flight 13 will test stage separation, booster splashdown, and reentry performance.
• The mission will deploy 20 Starlink V3 satellites before the upper stage targets Indian Ocean splashdown.

SpaceX stock fell near a new closing low as investors weighed a major Starship test and reports that the company is turning away future Falcon 9 customers.

SpaceX Stock Slides Before Starship Flight 13

SpaceX shares fell about 4% on Friday, trading near $113 as the company prepared for Starship’s 13th test flight. The stock has now dropped about 16% below its $135 IPO price and roughly 50% from its June 16 peak of $225.64.

The decline extended pressure on SpaceX after its June 12 public listing. The stock is down around 25% since its market debut, leaving investors focused on whether Starship can support the company’s next growth phase.

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