Musk’s SpaceX Targets Thursday Starship Flight as Stock Slips Well Below Its $135 IPO Price

Elon Musk's SpaceX is targeting Thursday, July 23, for the 13th test flight of its Starship rocket following a dramatic last-second pad abort. Meanwhile, shares of the newly public company, trading under the ticker SPCX on Nasdaq, have slipped well below their initial public offering price of $135. The company officially confirmed the new flight target in a statement, while market analysts continue to evaluate the current valuation of the SpaceX stock.