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Fri, 22 May 2026

Fri, 22 May 2026 Musk's SpaceX postpones Starship launch as mega share sale looms

It comes just a day after the firm revealed plans for a record-breaking stock market debut.

* SpaceX has postponed the launch of its massive Starship rocket until Friday.
* The delay was caused by a malfunctioning hydraulic pin on part of the launch tower, according to Elon Musk.
* SpaceX is planning an initial public offering (IPO) on the Nasdaq stock market, which could make Musk the world's first trillionaire.
* The IPO is expected to be one of the largest in Wall Street history and will trade under the ticker symbol SPCX.
* The Starship V3 rocket features dozens of upgrades designed for rapid launches of Starlink satellites and Nasa missions to the moon.
* SpaceX has spent over $15bn on the Starship programme, which is expected to carry a payload of 100 metric tons.
* Musk's majority ownership of SpaceX means his share could be worth over $600bn.