Elon Musk's SpaceX Flies 20 Starlink V3 Satellites Tonight. The Stock Sits 49% Below Its High.

At 6:45 p.m. ET tonight, SpaceX (NASDAQ: SPCX) gets a third try at its most consequential launch as a public company. Starship Flight 13 has a 90-minute window to lift off from the company's Starbase site in Texas, carrying the first 20 next-generation Starlink V3 satellites.

"Some of the engines didn't start, triggering an automatic launch abort," CEO Elon Musk wrote on X after the first attempt on July 16. SpaceX swapped out engines, and then weather postponed the second try on Thursday.

The stock could use the win. Shares sit at about $112 as of this writing, roughly 1% above their all-time low of $110.85 and well below the $135 price from June's initial public offering (IPO).Continue reading