4 Failed Engines Ground Starship Again — and SpaceX Stock Is Already Hurting
Source: https://techcrunch.com/2026/07/16/spacex-suddenly-aborts-second-starship-v3-launch-after-ignition/
Executive Briefing
- Aborted launch triggered automatically after four Raptor engines failed to ignite during Thursday's countdown
- CEO Elon Musk confirmed two engines will be replaced; next launch attempt pushed to next week
- SpaceX stock fell over 4% after-hours, already trading below its $135 IPO price from June 12
- Mission aimed to deploy first third-generation Starlink satellites, critical to SpaceX's orbital data center plans
- Launch follows FAA clearance granted this week after a booster failure during May's first V3 test flight
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