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SpaceX Pushes Starship V3 Test Flight to Friday Ahead of IPO

SpaceX rescheduled its 12th Starship test flight to Friday after scrubbing Thursday's launch attempt, one day after filing its initial public offering prospectus. The company will debut Starship V3 from a newly constructed launch pad at its Starbase facility in Texas. The upgraded rocket is designed to deliver 100 metric tons to Earth orbit in a fully reusable configuration with rapid turnaround capabilities similar to commercial aviation. SpaceX has invested more than $15 billion in the Starship program to date. The company views Starship as essential to accelerating satellite deployment for its Starlink internet constellation beyond current Falcon 9 capabilities. Last year, SpaceX's space segment generated $4.1 billion in revenue against a $657 million operating loss. Starlink connectivity services represent the company's primary profit driver.