SpaceX launches massive Starship rocket in first test flight since IPO

Key PointsSpaceX launched its massive Starship rocket in a 13th test flight on Friday after earlier weather and technical delays.Investors are watching Starship test flights closely as the massive rocket is crucial to SpaceX's ambitions to rapidly expand its Starlink satellite internet service.The test flight on Friday was considered a resounding success by SpaceX employees after their spacecraft made a "soft splashdown" in the Indian Ocean.

In this articleSPCXFollow your favorite stocksCREATE FREE ACCOUNTThe SpaceX Starship and Super Heavy v3 Booster lift off on its 13th test flight from the SpaceX launch complex in Starbase, Texas, U.S., July 24, 2026.

Steve Nesius | ReutersSpaceX launched its massive Starship rocket Friday evening from its company town and launch facility in Starbase, Texas, in a 13th test flight and the first since the company's record IPO last month. The rocket's Super Heavy booster detached from the Starship spacecraft about two minutes into the flight, and made a controlled splashdown in the Gulf. The upper stage of the rocket made a "soft splashdown" in the Indian Ocean.

SpaceX employees called the test flight "lucky number 13," in a livestream of the event.Elon Musk's aerospace and defense contractor designed Starship, the largest rocket ever built or flown, to be fully reusable and to lift more cargo for less cost into orbit. Starship is considered crucial for the company's goal to vastly expand its Starlink satellite network, among other missions.

About 18 minutes into Friday's test flight, SpaceX successfully deployed 20 of its new Starlink V3 satellites into orbit, a first chance for the company to see how they performed in flight. The satellites were intended to burn up after about 20 minutes.The new satellites, produced at a SpaceX facility in Redmond, Washington, are built to be larger, and more powerful than Starlink's earlier satellites.

They're also equipped with solar arrays that generate twice as much power as prior generations, a SpaceX business analyst explained in a livestream. SpaceX is now developing Starmind satellites, which the company intends to launch and eventually use as orbital data centers. Besides using their largest rockets to launch the new, larger satellites, SpaceX wants to use the Starship rocket to bring U.

S. astronauts back to the moon's surface, and to eventually power manned missions to Mars. The company is preparing Starship for a major NASA test flight next year.

Friday's test flight marked the second for Starship V3, the latest version of the rocket. In a post on X, which is owned by SpaceX, the company said it delayed an earlier test flight planned for Thursday "due to weather." It also previously scrubbed a test flight on July 16, after the rocket's booster triggered a hold, which "shut down the engines right as they were starting to ignite," a SpaceX employee said during a livestream of the earlier event.

SpaceX's stock has dropped in four of the past five weeks, slumping 43% from its peak close on June 16. WATCH: SpaceX falls below IPO priceswatch nowVIDEO5:2605:26SpaceX falls below its IPO price: Investor's next moveHalftime ReportChoose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.