SpaceX up as Starship reaches orbit despite engine issue
SPCX•SpaceX shares rose 1.2% to $150.27 in morning trading after Starship reached orbit for the first time despite one engine being down. The rocket attempted to deploy its first batch of Starlink satellites; SpaceX shares were about 10% above their $135 IPO price at the previous close.
1. Starship reaches orbit
SpaceX’s next-generation Starship rocket lifted off from Texas and reached orbit for the first time with one of its engines down, making a risky attempt to deploy its first batch of Starlink satellites. The mission was described as the company’s most ambitious yet.
