Nov 13 Could Be A Huge Day For SpaceX Stock
SpaceX will try to catch both Starship stages with its launch tower on Friday, and Wall Street sees it as a big deal for the stock. The ship has never been caught before, though, so a miss could push the payoff further out.
On Friday, November 13, SpaceX will attempt an unprecedented feat with its Starship rocket during Flight 15. The launch is expected to occur after 5:45 p.m. ET from Starbase in Texas. The Starship upper stage and Super Heavy booster will separate, with the booster returning to Starbase six and a half minutes after launch. The Starship will orbit Earth for 22 hours before deploying 26 Starlink V3 satellites.
If successful, this would be the first time both stages have been caught, marking a significant leap forward for SpaceX's spacecraft. Morgan Stanley analyst Adam Jonas views this event as potentially the biggest positive catalyst since the company's IPO. SpaceX's launch business generated $1.8 billion in revenue, with Starship set to accelerate deployment of the Starlink satellite network, boosting growth and improving the company's bottom line. However, the attempt remains uncertain, as SpaceX's latest V3 boosters have not yet been caught.
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