A SpaceX Starship rocket broke up in space minutes after launching from Texas on Thursday, forcing airline flights over the Gulf of Mexico to alter course to avoid falling debris and setting back Elon Musk's flagship rocket program.

Boca Chica (United States) (AFP) – Elon Musk's SpaceX is gearing up for the seventh orbital flight test of Starship, the colossal prototype rocket the company hopes will help humans colonize Mars.

After weeks of preparation, SpaceX is now preparing for the seventh ... which President-elect Donald Trump attended. This time around, the catch tower has been upgraded with new hardware intended ...

The Dow Jones Industrial Average and the S&P 500 are headed for their best weeks since the November election. SpaceX launched its towering Starship rocket in a key test flight and lost communication with the vessel after liftoff. Trump's Treasury Secretary pick, Scott Bessent, testified before the Senate Finance Committee.

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Shares had closed at a new record on Thursday ahead of the Switch 2 announcement, building on the 26% gain last year amid growing expectations for the new hardware. On Friday, the stock fell as much as 7.2% before paring losses to close 4.3% lower at 9,181 yen, equivalent to $59.15. That was its biggest one-day percentage drop since end-September.

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After Jeff Bezos's Blue Origin nailed its first-ever orbital flight, Elon Musk's SpaceX is seizing back the spotlight Thursday with the latest Starship launch.

After Jeff Bezos's Blue Origin nailed its first-ever orbital flight, Elon Musk's SpaceX is seizing back the spotlight on Thursday with the latest launch of Starship, the gargantuan next-generation rocket that could one day ferry humans to Mars.

Founded 25 years ago by Bezos, Blue Origin has been launching paying passengers to the edge of space since 2021, including himself. The short hops from Texas use smaller rockets named after the first American in space, Alan Shepard. New Glenn, which honors John Glenn, is five times taller.