business
SpaceX targets next week for another Starship launch attempt as shares slide on abort
By By Joey Roulette REUTERS at Waco Tribune-Herald
· July 17, 2026
· 1 min read
WASHINGTON — SpaceX is targeting Monday for another attempt to launch its Starship rocket after a last-second abort during engine ignition on Thursday, a brief setback that nevertheless wiped roughly $100 billion from the newly public company's market value.
Why this matters in The Waco
The recent setback in SpaceX's Starship launch attempt has significant implications for the local economy in Waco , where the company has a notable presence. As a major player in the private space industry, SpaceX's successes and failures can have a ripple effect on the local business community. The $100 billion loss in market value is a stark reminder of the high stakes involved in the space industry. In Waco, where transportation and business are key sectors, the fortunes of companies like SpaceX can influence the overall economic climate. As the city continues to grow and develop, the performance of major companies like SpaceX will be closely watched by local leaders and entrepreneurs, who are eager to see how the company's progress will impact the local workforce and economy. The upcoming launch attempt on Monday will be of particular interest to Waco residents, who will be waiting to see if SpaceX can bounce back from this setback.
About this story
Original reporting by Waco Tribune-Herald . The Waco surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit Waco Tribune-Herald . Have a tip or correction? Contact our newsroom .
Category: business ·
Published: July 17, 2026 ·
Source: Waco Tribune-Herald ·
Reading time: 1 min
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Frequently asked about this story
What is this story about? WASHINGTON — SpaceX is targeting Monday for another attempt to launch its Starship rocket after a last-second abort during engine ignition on Thursday, a brief setback that nevertheless wiped roughly $100 billion from the newly public company's market value.
When was this published? This article was first published on July 17, 2026 by Waco Tribune-Herald and curated for The Waco readers.
Who reported this story? This story was reported by By Joey Roulette REUTERS at Waco Tribune-Herald. To learn more about how The Waco selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more business coverage from The Waco, or browse our daily briefing and topic hubs .
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