SpaceX Stock Hits Record Low Despite Starship Success

SpaceX's biggest rocket has notched one of its most successful test flights yet, but investors are still hitting the sell button. The company flew Starship for the 13th time on Friday, completing every major goal on what was only the second flight of its third-generation vehicle: deploying 20 Starlink V3 satellites, restarting a Raptor engine in space, gathering extensive heat-shield data, and gently splashing the upper stage down in the Indian Ocean, MarketWatch reports. One analyst called the flight "near perfection."