{"id":75674,"date":"2026-07-20T19:55:40","date_gmt":"2026-07-20T19:55:40","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/musks-spacex-targets-thursday-starship-flight-as-stock-slips-well-below-its-135-ipo-price\/"},"modified":"2026-07-20T19:55:40","modified_gmt":"2026-07-20T19:55:40","slug":"musks-spacex-targets-thursday-starship-flight-as-stock-slips-well-below-its-135-ipo-price","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/musks-spacex-targets-thursday-starship-flight-as-stock-slips-well-below-its-135-ipo-price\/","title":{"rendered":"Musk&#8217;s SpaceX Targets Thursday Starship Flight as Stock Slips Well Below Its $135 IPO Price"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">SpaceX set July 23 for Starship\u2019s 13th test flight after 4 of 33 engines failed to ignite one second before liftoff.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">SPCX is currently trading at $123, well below its $135 IPO price since the June debut that raised $75B.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">NASA\u2019s Artemis IV moon landing, scheduled for no earlier than 2028, depends on Starship proving itself as a lander.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>One Second From Liftoff<\/h2>\n<p>The company confirmed the new target in a <a href=\"https:\/\/www.usnews.com\/news\/top-news\/articles\/2026-07-19\/spacex-moves-starship-launch-attempt-to-thursday\" target=\"_blank\" rel=\"noopener noreferrer\">statement on Sunday<\/a>, following the July 16 scrub at its Starbase facility in Texas. The 407-foot rocket came within roughly one second of liftoff when four of its 33 main booster engines failed to ignite, triggering an automatic abort that shut down the remaining 29 engines and kept the vehicle anchored to the pad (the first last-second abort of a full-scale Starship).<\/p>\n<p>Musk explained the fix in a post on X, saying <a href=\"https:\/\/www.ksat.com\/business\/2026\/07\/16\/spacex-starship-launch-aborted-on-the-pad-at-the-last-moment\/\" target=\"_blank\" rel=\"noopener noreferrer\">two engines<\/a> will be replaced \u201cto be confident of a good flight.\u201d<\/p>\n<p>The mission profile remains unchanged, i.e. a roughly one-hour, space-skimming journey halfway around the world, carrying 20 of SpaceX\u2019s newest Starlink satellites, which will attempt to communicate with orbiting Starlinks while cameras photograph the heat shield. Neither the booster nor the spacecraft is intended for recovery.<\/p>\n<h2>A Rough Stretch on the Nasdaq<\/h2>\n<p>The stakes extend beyond engineering as the abort sent SpaceX <a href=\"https:\/\/www.cnbc.com\/2026\/07\/16\/spacex-spcx-stock-starship-test-flight.html\" target=\"_blank\" rel=\"noopener noreferrer\">shares lower<\/a> on July 16, with the stock <a href=\"https:\/\/news.bitcoin.com\/spacex-stock-closes-below-ipo-price\/\">closing at $123.1<\/a>, its first finish below the $135 IPO price since the company\u2019s record <a href=\"https:\/\/news.bitcoin.com\/spacex-ipo-hits-nasdaq-june-12-at-135-retail-investors-face-long-odds-on-allocation-37856\/\">June 12 debut<\/a>, which raised roughly $75 billion at a valuation above $1.75 trillion. The stock is currently trading around $123.<\/p>\n<p><\/p>\n<p> <a href=\"https:\/\/www.bitcoin.com\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">Bitcoin.com<\/a> News reported that the close capped a near 50% collapse from the stock\u2019s peak, after shares had surged above $160 before pulling back on dilution concerns tied to a $60 billion all-stock acquisition of artificial intelligence (AI) coding startup Cursor.<\/p>\n<p>The drawdown has been costly for its founder as just 24-hours earlier, a single-day slide erased <a href=\"https:\/\/news.bitcoin.com\/musk-spacex-stock-tumble-ark-buys-dip\/\">$150 billion<\/a> from Musk\u2019s net worth (even though entities like Ark Invest bought the dip). The stock\u2019s swings matter to <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a> investors too, given the company\u2019s <a href=\"https:\/\/news.bitcoin.com\/spacex-ipo-puts-18712-bitcoin-treasury-on-wall-streets-radar\/\">18,712 bitcoin treasury<\/a> landed on Wall Street\u2019s radar with the IPO, making SPCX one of the largest publicly traded <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> holders. The company <a href=\"https:\/\/news.bitcoin.com\/spacex-lands-nasdaq-100-spot-weeks-after-record-ipo\/\">joined the Nasdaq-100<\/a> just weeks after listing.<\/p>\n<h2>The Artemis Clock Is Ticking<\/h2>\n<p>The National Aeronautics and Space Administration (NASA) is watching for different reasons since the agency relies on Starship as the lunar lander that will return astronauts to the moon, and SpaceX and Blue Origin must have their landers operational by next year so Artemis III crews can practice docking procedures. The actual moon landing mission, Artemis IV, is scheduled for no earlier than 2028.<\/p>\n<p>Every delay tightens that timeline and even though Starship has flown a dozen times, the program still must demonstrate orbital refueling and an uncrewed lunar touchdown before astronauts climb aboard.<\/p>\n<p>Thursday\u2019s window now carries double weight given that a clean flight would steady both the program\u2019s Artemis schedule and a stock searching for its footing below the IPO price.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/spacex-starship-thursday-launch-stock-below-ipo\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways SpaceX set July 23 for Starship\u2019s 13th test flight after 4 of 33 engines failed to ignite one second before liftoff. SPCX is currently trading at $123, well below its $135 IPO price since the June debut that raised $75B. NASA\u2019s Artemis IV moon landing, scheduled [&hellip;]<\/p>\n","protected":false},"author":3947362404,"featured_media":75675,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/75674"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362404"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=75674"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/75674\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/75675"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=75674"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=75674"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=75674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}