SpaceX's latest Starship test flight achieved a significant milestone, deploying mock satellites and executing a controlled splashdown. This successful uncrewed launch, the first of its V3 iteration, bolsters investor confidence ahead of the company's anticipated IPO next month.

Ahead of a much anticipated IPO, SpaceX is carrying out a critical test of its giant, stainless steel rocket. Investors will be watching closely.

SpaceX's planned Starship launch follows the company's release of its IPO prospectus, which set the stage for what's likely to be a record offering.