What Happened
Critical Test Flight Precedes Highly Anticipated Public Offering
SpaceX is set to launch Starship Flight 12, a critical test of the V3 architecture, which triples payload capacity and is essential for the company’s deep-space ambitions, including NASA’s Artemis lunar missions. The outcome of this test is crucial, coming just before a likely mid-to-late June IPO pricing, where SpaceX aims to raise $75 billion at a valuation approaching $2 trillion. The success of this flight could significantly impact investor confidence and the company’s valuation, as outlined in a recent PitchBook analyst note.