SpaceX Starship to Retry 13th Test Flight on 23rd

SpaceX will attempt the 13th test flight of its next-generation super heavy launch vehicle, Starship, again on the 23rd. Following the recent cancellation of a test flight, the company's valuation has decreased by approximately $1 trillion, and this launch is expected to be a turning point for recovering investor sentiment. SpaceX announced on the 20th that it has rescheduled the 13th test flight of Starship for the 23rd. This test flight is a retry one week after the automatic shutdown just before launch on the 16th at the Texas Starbase. The launch was canceled at that time due to some Raptor engines not functioning properly. SpaceX has improved the propulsion system to address the engine issues, and this flight will carry 20 next-generation Starlink satellites to verify the satellite separation system and laser communication capabilities. Starship is the world's largest launch vehicle at 124 meters tall and is a next-generation space transportation system being developed by SpaceX with an investment of about $15 billion. This launch is expected to have a significant impact on SpaceX's valuation. According to Bloomberg, after its IPO last month, SpaceX's market capitalization reached $2.64 trillion, but due to recent stock price declines, it has fallen to about $1.61 trillion. The halt of the 13th test flight has resulted in a loss of approximately $1 trillion in company value.

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