00:00It's Benzinga, bringing Wall Street to Main Street.
00:02SpaceX shares fell 3.5% in pre-market trading Friday
00:07after the company aborted a Starship test flight in Texas
00:10because some engines failed to ignite, according to CNBC.
00:13Founder Elon Musk said the automatic abort occurred before liftoff
00:17and that SpaceX was offloading propellant.
00:21Two Raptor engines would be replaced,
00:23with another launch attempt planned for early next week.
00:26The test was SpaceX's first Starship 5-3 flight,
00:29since its record $85.7 billion initial public offering in June.
00:34A previous May test ended with the upper stage heading toward the Indian Ocean
00:38and the super-heavy booster failing to complete a controlled landing.
00:43The Federal Aviation Administration cleared SpaceX to resume testing on Monday.
00:47For all things money, visit Benzinga.com.
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