US Stock Market Move | The first flight after the IPO is postponed, SpaceX (SPCX.US) opens with a more than 4% drop.

On Friday, SpaceX (SPCX.US) opened the market with a drop of over 4%, with the stock price plummeting 38% from its peak, causing the market value to evaporate over a trillion dollars. On the news front, the SpaceX Starship rocket test launch was aborted at the last minute, adding to the already shaky background of the stock price after the IPO, putting significant pressure on this aerospace giant's stock. On Thursday, SpaceX had planned to open a 90-minute launch window in Texas at 5:45 p.m. Eastern Time, but an engine ignition failure forced the mission to be aborted. Founder Elon Musk later tweeted, "Some engines did not start, triggering an automatic abort procedure. Currently unloading propellant, hoping to try launching again in a few days." He later added that two Raptor engines will be dismantled and replaced, with plans to launch again early next week. Investors have been paying close attention to every rocket test by the company. This test flight of Starship V3 is SpaceX's first Starship test flight since the IPO, and the market sees it as an important window to evaluate the company's technological progress and execution capabilities. The news of the launch being aborted has directly intensified the market's wait-and-see sentiment.