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International Business Times
International Business Times
Business

SpaceX Launched Its Starship Into Orbit For The First Time. Its Stock Is Edging Down.

SpaceX said it managed to put 26 satellites in orbit and Starlink made contact with all of them on Monday. (Credit: Getty Images)

SpaceX launched its Starship into orbit for the first time on Monday, saying it managed to deploy 26 satellites into orbit and make contact with all of them.

However, the stock is edging down in the immediate aftermath of the launch, falling 0.76% at 10:24 a.m. ET. The rocket almost didn't achieve the goal after experiencing issues with one of the engines, but flight controllers decided to go ahead anyway after the faulty equipment was no longer needed.

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