This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy.

Rocket Lab CEO Peter Beck called SpaceX's definition of success for its first Starship launch rubbish in his firm's earnings call for the second quarter. SpaceX launched the first Starship integrated test flight in April 2023, and ahead of the launch, the firm took a modest approach as it defined the success criteria as the rocket simply being able to clear the pad. SpaceX's modesty was prescient, as the test ended soon after Starship's upper stage failed to separate from the Super Heavy booster and led to the flight termination system destroying the vehicle four minutes into the flight.

Test Mission Success For Rocket Lab Is Neutron Rocket Reaching

See Full Page