SpaceX Upgraded Starship V3 Launches on First Flight from Texas

US space exploration company SpaceX launched its 12th Starship rocket from Texas on the 22nd, conducting an uncrewed test flight. As Elon Musk's company approaches what is expected to be the largest initial public offering (IPO) in history, this test flight serves as a critical milestone to verify major upgrades to the next-generation spacecraft. According to Reuters, Starship V3 is designed to increase launch frequency and execute future NASA lunar missions. SpaceX has invested over $15 billion in developing Starship, a fully reusable spacecraft essential for Musk's ambitions to lower launch costs and expand space business. These visions are central to the company's IPO valuation, which is estimated to reach as high as $1.75 trillion.