SpaceX Prepares for 12th Test Flight of Starship Rocket Ahead of Upcoming IPO

05/21/2026, 10:32 PM economy announcement aero_defense

SpaceX is preparing for the 12th test flight of its Starship rocket, specifically the new Starship V3, which aims to deliver 100 metric tons to Earth's orbit in a fully reusable format. This launch is significant as it comes just before SpaceX's IPO, expected next month, and represents a critical opportunity to impress potential investors. The launch window opens at 6:30 p.m.

ET, and while it can be viewed via webcast, delays may occur due to weather or other factors. SpaceX has invested over $15 billion in the Starship program, which is essential for increasing the launch frequency and payload capacity necessary for expanding its Starlink satellite constellation.

In 2025, SpaceX's space segment generated $4.1 billion in revenue but faced an operating loss of $657 million, while the Starlink unit contributed significantly to the company's profits with $11.4 billion in sales and $4.4 billion in operating income.

The successful development of Starship is vital for SpaceX's growth strategy, which includes ambitious goals such as supporting NASA's Artemis IV mission to return astronauts to the moon. The Starship V3 stands at 408 feet tall and features enhanced engines, providing 18 million pounds of thrust.

The upcoming test flight will carry mock Starlink satellites but no crew or cargo, marking a pivotal moment for SpaceX as it seeks to solidify its market position ahead of its IPO

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