The upper stage of the rocket continued its mission before being lost.
The test was seen as a step of progress by NASA Administrator Bill Nelson.
SpaceX has a successful track record with its Falcon launch system, having launched it about 280 times.
SpaceX is valued at $150 billion and is considered one of the world’s most valuable aerospace and defense companies.
Elon Musk has hinted at a potential IPO for SpaceX’s Wi-Fi business, Starlink, which recently became profitable.
Starship is important for Starlink’s profitability as it can carry more satellites into orbit, enhancing Wi-Fi coverage.
SpaceX is a dominant force in the global orbital space launch industry, accounting for over half of launches in 2023.