Starship launch fails to take off as SpaceX stock plunges to new low - Shares in Elon Musk’s company have fallen below the IPO price for the first time

SpaceX aborted the launch of its Starship rocket on Friday shortly before the expected time.

The interim ceasefire agreed to last month has collapsed, and the region has endured days of back-and-forth attacks by the U.S. and Iran as they battle for control of the strait.