SpaceX makes comeback with Starship test launch after fiery setbacks

SpaceX makes comeback with Starship test launch after fiery setbacks


SpaceX’s Starship rocket lifts off from Starbase, Texas, as seen from South Padre Island on Aug. 26, 2025, for its 10th test flight.

Ronaldo Schemidt | Afp | Getty Images

SpaceX on Tuesday launched its mammoth Starship rocket, breaking a string of explosive failed attempts earlier this year to deploy its first batch of dummy Starlink satellites and notch key developmental milestones.

The more-than 400-feet rocket, critical for SpaceX’s commercial dominance and NASA’s ambitions to return astronauts to the Moon, took off from the company’s Starbase facilities at 6:30 p.m. local time in Texas for a roughly one-hour nail-biting flight.

Throughout the test flight — the rocket’s 10th — it made its first successful payload deployment of eight mock Starlink satellites, relit its Raptor engine in orbit and stress trialed its heat shield. The latter performance is of particular note for tech billionaire Elon Musk, who is hoping to deliver reusable heat shields. Typically, rocket heat shields require extensive and costly refurbishment or wholesale replacement after flights.

Following a state separation, the rocket’s reusable Super Heavy booster — which thrusts the Starship into the orbit — made a controlled splashdown in the Gulf Coast waters, with the spacecraft following to its own splashdown point in the Indian Ocean after completing its run.

Starship’s Tuesday launch, coming after two days of delays, will be a welcome turn of tides for SpaceX, which has faced fiery failures during test attempts for the rocket’s latest, updated variant earlier this year.

Interim NASA head Sean Duffy congratulated SpaceX on social media, noting “Flight 10’s success paves the way for the Starship Human Landing System that will bring American astronauts back to the Moon on Artemis III. This is a great day for @NASA and our commercial space partners.”

NASA has commissioned Starship for the first crewed mission to take humans back to the Moon under the Artemis program, currently scheduled for mid-2027. Its vast payload capacity also makes the rocket integral to Musk’s broader aspirations for Mars colonization.

SpaceX, which Musk projects will hit $15.5 billion in revenues year, was planning an insider share sale that would value the company at $400 billion, according to a Bloomberg July report citing people familiar with the matter. The firm has taken an aggressive approach of rapid testing to development, amid increasing competition from commercial players that target more cost-effective launches.

Like other U.S. space companies, SpaceX stands to benefit from U.S. President Donald Trump’s recent step to streamline federal regulation that oversees commercial rocket launches.



Source

Massive fire breaks out at Chevron oil refinery in California
World

Massive fire breaks out at Chevron oil refinery in California

An aerial view of Chevron crews attempting to extinguish a large fire and explosion that occurred at Chevron Refinery in El Segundo Thursday, Oct. 2, 2025. Allen J. Schaben | Los Angeles Times | Getty Images A huge fire broke out on Thursday night at a Chevron oil refinery in California, one of the largest […]

Read More
The AI trade could rapidly unravel – and one hedge fund is preparing for the fallout
World

The AI trade could rapidly unravel – and one hedge fund is preparing for the fallout

The AI boom is turbo-charging technology stocks, pushing the S & P 500 , the Nasdaq and Dow Jones to fresh record highs. But Karim Moussalem, chief investment officer of equities at Selwood Asset Management, sees “enormous risks” on the horizon for the AI trade which could rapidly unravel — and he is positioning his […]

Read More
CNBC Daily Open: U.S. stock indexes charge ahead with three record closes
World

CNBC Daily Open: U.S. stock indexes charge ahead with three record closes

The “Charging Bull” statue at Bowling Green in New York’s Financial District. Drew Angerer | Getty Images Investors continue to pile into stocks, undeterred by a government shutdown or shaky jobs data, with all three benchmarks hitting record highs Thursday. With the Senate not meeting yesterday because of Yom Kippur, the U.S. government stayed shut […]

Read More