STARBASE, Texas ¨C SpaceX completed a largely successful test flight of its next-generation Starship rocket on Friday, deploying a clutch of mock satellites and executing a controlled splashdown in the Indian Ocean in a high-stakes debut of the newly upgraded vehicle as Elon Musk¡¯s company prepares to go public.
The latest uncrewed launch of Starship ¡ª designed to enable more frequent Starlink satellite launches and to send future NASA missions to the moon ¡ª achieved a key milestone for the vehicle following months of testing delays. The outcome could also boost investor confidence ahead of SpaceX¡¯s initial public offering next month, expected to be the largest in history.
Starship, which SpaceX has spent more than $15 billion developing as a fully reusable spacecraft, is ?critical to Musk¡¯s goals of cutting launch costs, expanding his Starlink business and pursuing ambitions ranging from deep-space exploration to orbital data centers ¡ª all factored into his targeted $1.75 trillion IPO valuation.
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