Trading was halted briefly multiple times throughout the day due to volatility. The company is working with Nasa on a return to the lunar surface as early as December 2025.Ĭatch up with SpaceX's video below to see how the day unfolded. Rocket shares closed Tuesday up 71.19 at 41.60 apiece, posting its best day ever since its IPO in August 2020. SpaceX's Starship is bigger than the Saturn V rocket that carried astronauts to the Moon in the 1960s and 70s. Currency in USD Follow 2W 10W 9M 8.99 -0.02 (-0.22) At close: 04:00PM EST 8.97 -0.02 (-0. We unfortunately had a hold on the countdown today." rose like a rocket Thursday, increasing 746 in price. Adding to the rocket fuel for moves like today is the fact the stock is down nearly 50 from its recent high of 199.41/share hit in early April 2022. While the movie theater operators stock hasnt been halted, trading volume of 41.5 million shares was already more than the full-day average of about 36. Shares of lidar maker Cepton Technologies Inc. Kate Tice, a SpaceX engineering manager, said: "We are expecting a minimum of 48 hours to recycle. Cepton's stock leaped by as much as 746, even after the Nasdaq halted trading 9 times. Elon Musk watches SpaceX’s mega rocket Starship take-off, explode in self-destruct mode 8 minutes later. For the first mission, Super Heavy is expected to splash down in the Gulf of Mexico, while Starship will land in the Pacific. Sign up for preview access to Reuters Connect platform to start exploring key functionality and the vast library of content from Reuters and 100+ partners. While that rocket would launch three days later (and suffer a mid-flight failure for a separate reason), that February abort sent Astras stock down 13. The rockets can descend back to earth so they can be recovered and fly again. The launch was halted, and so was the stock. Astra’s stock shed more than 10 of its value, and trading was briefly halted. Starship's rocket is made up of two stages: a 230ft booster rocket, called Super Heavy, and the 164ft Starship module, that will one day carry cargo and crew.īoth parts of the rocket are designed to be reusable. Astra’s stock takes wild ride after rocket launch By Jackie Wattles. Mr Musk later added: "Learned a lot today, now offloading propellant, retrying in a few days." The launch was pulled in favour of a dress rehearsal of the final mission. Mr Insprucker said the rocket's team had identified a pressurisation issue while fuelling the giant launch vehicle. Shortly after 2pm, John Insprucker, SpaceX's principal engineer, told the company's livestream: "The decision right now is that we are going to stop the launch for today."
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