Elon Musk confirmed on X that a failure in the engine startup sequence triggered the abort. The company aims to reset the mission for another attempt within days. This technical setback arrives during a volatile period for SpaceX, which completed the largest IPO in history on June 12.
In section Startups & Technology
SpaceX Starship V3 launch aborted after engine ignition failure
A sudden silence fell over the South Texas launch complex Thursday as SpaceX scrubbed the second flight of its upgraded Starship V3. The countdown reached the ignition phase before an automated safety system halted the sequence, grounding the massive booster just weeks after its inaugural attempt in May.
Having raised $85 billion, the company briefly rivaled the market valuations of tech giants like Amazon and Microsoft. Investor confidence has since wavered, with the stock closing Thursday below its $135 debut price. The aborted launch sparked further instability, sending shares down more than 4% in after-hours trading before the price partially recovered.
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