SpaceX stock slides to fresh lows after Starship test flight is scrubbed

SpaceX’s SPCX stock dropped to new closing lows after Thursday’s Starship Version 3 test flight was canceled at liftoff due to engine startup issues; the company will return both stages to the hangar to drain fuel and inspect what went wrong, while investors and analysts remain cautious about costs and timelines, with JPMorgan highlighting second-stage refurbishment costs as a key consideration.