SpaceX Upgraded Starship Set for 13th Test, Including First Starlink Payload

SpaceX is preparing to launch its upgraded Starship spacecraft on its 13th test flight on Thursday, after the vehicle exploded during a previous test in May. The mission will carry satellites for the Space Development Agency (SDA) and, for the first time, a payload of Starlink satellites.

Mission Details

Starship is the world's largest rocket, designed to transport cargo and crews to the Moon and Mars. The 13th flight will include engine and heat shield upgrades, and will test the deployment of Starlink satellites for the first time.

Pricing and Availability

Commercial pricing details have not been announced, but SpaceX aims to reduce launch costs to under $10 million per flight.

Competition

Starship faces competition from vehicles like Blue Origin's New Glenn and NASA's SLS, but it leads in size and full reusability.

Potential Impact on Lockheed Martin (LMT)

Lockheed Martin (LMT) stock has fallen below its listing price of $440, pressured by SpaceX's competition for government contracts. However, Lockheed remains a key defense partner.