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Musk Just Announced Starship Launch This Thursday, Will SpaceX Share Price Soar or Hit New Low?

Musk Just Announced Starship Launch This Thursday, Will SpaceX Share Price Soar or Hit New Low?

TradingKey – SpaceX is scheduled to conduct its Flight 13 return-to-flight as early as this Thursday. Will SpaceX’s stock price stage a sharp rebound or fall to the $100 mark?

On July 20, Elon Musk’s space exploration technology company SpaceX ( SPCX) announced in a post on X, “We are currently targeting as early as July 23 (Thursday) for the thirteenth flight test of Starship (Flight 13).” Musk retweeted the post and said, “The next Starship launch attempt will be on Friday,” and subsequently commented, “I meant Thursday (duh).”

musk-spacex-1850772e2b1345da8fb12be2f69dd825Tweets posted by SpaceX and Musk, Source: X

During after-hours trading last Thursday (July 16), Starship’s 13th test flight was forced to abort at the moment of ignition, triggering a slide of over 4% in the stock…

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