SpaceX launches another Starship, and this time the market is watching

SpaceX launched its Starship on its 13th test flight, the first since the company's initial public offering.

The rocket took off from Starbase near Brownsville, Texas, with a planned hour-long flight and Indian Ocean landing.

Starship deployed 20 upgraded Starlink V3 satellites during the mission, capable of handling more data than current satellites.

SpaceX has invested over $15 billion in Starship, which is critical for NASA lunar missions, Starlink expansion, and future AI satellites.

Investors are watching the launch closely after SpaceX's stock fell below its IPO price, with quarterly earnings due on Aug. 4.