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SpaceX Starship Test 13 Ends in Booster Explosion, Shares Drop
7/29/2026
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SpaceX Starship Test
- SpaceX completed its thirteenth Starship test, deploying Starlink satellites before the booster exploded.
- Upper stage landed intact in the Indian Ocean, first Starship splashdown without explosion.
- Only ten of thirteen booster engines reignited for re-entry, causing a Gulf of Mexico crash.
- SpaceX shares fell to $108.66, 20 % below the $135 IPO price, while S&P Global says the firm will need more financing before cash flow turns positive by 2029.
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