SpaceX Starship 13th Test Flight Aborted Due to Raptor Engine Failure
SpaceX's 13th Starship flight test was cancelled on the 16th after multiple Raptor engines failed to ignite, triggering an automatic abort procedure. Following the announcement, SpaceX's stock price declined over 3% in after-hours trading.
So What
SpaceX's operational setbacks can influence investor sentiment for its AI subsidiary xAI, affecting broader private AI market valuations.