SpaceX announced that it has rescheduled its 13th launch of Starship for Monday, one day after being forced to scrub the test flight mid-countdown.

SpaceX's market cap has lost about $1 trillion in value since its June 16 peak and hit a new low since its record-breaking IPO.

Plus, the U.S. and Iran creep toward a wider war, and ranch dressing wins the World Cup.

Shares of SpaceX continued their sharp descent Thursday and closed below the company’s IPO price for the first time since its June public offering.

The company didn't immediately say what went wrong. SpaceX's stock plunged more than 4% in after-hours trading before paring losses.

SpaceX is progressing toward Starship's next big test launch today!

SpaceX’s first attempt to launch its Starship megarocket on its thirteenth flight test ended before it could properly begin, aborting just before liftoff

WASHINGTON, July 16 (Reuters) - SpaceX's Starship rocket triggered a last-second abort before liftoff for its 13th flight test from Texas on Thursday as some of its 33 engines failed to start, with CEO Elon Musk saying it will likely try to launch again early next week.

SpaceX shares dipped below their IPO price of $135 on Wednesday morning for the first time since listing, signaling dwindling hype around the Elon Musk company.

SpaceX shares fell for a fourth-straight session on Wednesday days after entering the Nasdaq-100

SpaceX backed away from the second launch attempt of its upgraded Starship after an engine issue triggered an automatic abort right before liftoff.