Explore the latest developments concerning Starship's Thirteenth Flight.
SpaceX stock under pressure with first test flight since IPO tonight
SpaceX (SPCX) continues to be a highly watched stock as the company prepares for its biggest rocket launch yet. Tonight's big event comes as SpaceX shares plumb new lows.
On Wednesday, SpaceX stock dipped to a new all-time low of $132.75, dropping below its IPO price of $135 and subsequently closing at $135.27.
SpaceX shares are now down over 30% from their all-time high and around 10% year to date; shares were slightly lower in midday trade Thursday.
Read more: SpaceX stock is falling. What investors should do next.
But there could be a big catalyst for the stock coming tonight. SpaceX will attempt the 13th test flight of its Starship rocket — the largest and most powerful ever built — and its first Starship launch since the company's June 12 IPO.
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