SpaceX suffers massive financial losses each time a starship explodes

France 24Thursday, October 23, 2025 at 9:39:57 AM
SpaceX suffers massive financial losses each time a starship explodes
SpaceX faced significant financial setbacks following a catastrophic failure during a routine static fire test of Ship 36 at Starbase on June 18, 2025. The incident, attributed to a nitrogen COPV failure, highlights the risks and challenges the company encounters in its ambitious space endeavors. This matters because such failures not only impact SpaceX's financial health but also its reputation and future missions, raising questions about the reliability of its technology and the implications for the broader space industry.
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