Business · 17 July 2026

SpaceX market value falls after Starship launch delay

SpaceX shares have fallen below their initial public offering price for the first time since the company went public. The firm called off its Starship rocket launch on Thursday, with CEO Elon Musk saying some engines didn't start. The company's market value has fallen by approximately $1 trillion since its peak on June 16.

By BriefTea Editorial · 17 July 2026 at 13:47

Reported by aol.com · How we write briefs

Get the app

More briefs

BusinessIceland supermarket boss tells the Chancellor to cut business taxes for employers BusinessNorwich trains face disruption in September and October for rail works BusinessEngland's free bus pass age will rise to 67 by April 2028 BusinessBritish tourist visits to Japan up 40.8% since 2019 TechnologyGoogle paying £260m to settle UK Play Store developer lawsuit BusinessSnack makers warn new UK rules could undo years of reformulation work More business stories → Browse all stories →