SpaceX Launches 400-Foot Rocket That Will Help Define Its Future -- WSJ

Dow Jones05-23 06:36

By Micah Maidenberg

SpaceX blasted off an upgraded version of its Starship rocket, a vehicle that has posed tough challenges over the course of a costly development campaign.

The company shot off the roughly 400-foot-tall rocket Friday evening from a new launchpad at its Starbase facility in southern Texas.

The vehicle rumbled into the sky, generating a huge plume on the ground and a powerful wave of noise, according to a SpaceX livestream.

Starship is a centerpiece of the SpaceX pitch to investors as it prepares an initial public offering that could value the company at $1.5 trillion or more. The rocket is designed to loft Starlink satellites, deploy the futuristic AI satellite fleet the company wants to create, and underpins Chief Executive Elon Musk's exploration dreams.

The company hoped to launch Starship V3, as the new version is called, on Thursday but ran into a last-minute problem that prompted it to stand down. SpaceX missed launch date goals earlier this year as it prepped for the mission.

This story will be updated as news develops.

Write to Micah Maidenberg at micah.maidenberg@wsj.com

(END) Dow Jones Newswires

May 22, 2026 18:36 ET (22:36 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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