Space Exploration Technologies Corp.
(NASDAQ:SPCX) shares are trending on Thursday night.
Shares of the Elon Musk-led SpaceX fell 3.08% to $127.07 in after-hours trading on Thursday.
The drop in the stock in the late trading session follows an intraday decline of also 3.08%, where the stock closed at $131.11, according to Benzinga Pro data.
What Happened On Thursday, SpaceX was set to launch a test that would deploy 20 next-generation Starlink satellites, which would have roughly 20 minutes to complete activation and connection tests before reentering Earth's atmosphere.
