Spacex's stock fell further on Friday, a day after it aborted a test flight for its starship rocket at the last second, and amid choppy post-IPO trading.
The aerospace giant was expected to launch its starship mega rocket within a 90-minute window at 5:45 p.m. in Texas on Thursday, but an engine ignition failure forced SpaceX to scrub the launch.
SpaceX was last seen down 3.5% in premarket trading, after falling more than 3% in after hours trading.
Musk later added in a post that 2 Raptors will be removed and replaced, and that a launch is planned again for early next week.
This was SpaceX’s first test flight of Starship V3 since its blockbuster IPO. A previous attempt in May failed after sending the Starship upper stage toward the Indian Ocean. The Super Heavy booster failed to make a controlled landing in the Gulf of Mexico after five of its 33 Raptor engines failed to reignite.