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Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

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Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

2

When SpaceX starts trading, some 'shareholders' will discover they own nothing at all

3

Current price of oil as of June 12, 2026
TechSpaceX

A SpaceX rocket just exploded minutes after it launched as a crowd of people watched

By
Marcia Dunn
Marcia Dunn
and
The Associated Press
The Associated Press
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By
Marcia Dunn
Marcia Dunn
and
The Associated Press
The Associated Press
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April 20, 2023, 10:37 AM ET
SpaceX's Starship launches from Starbase in Boca Chica, Texas, Thursday, April 20, 2023.
SpaceX's Starship launches from Starbase in Boca Chica, Texas, Thursday, April 20, 2023.Eric Gay—AP Images

SpaceX’s giant new rocket blasted off on its first test flight Thursday but exploded minutes after rising from the launch pad and crashed into the Gulf of Mexico.

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Elon Musk’s company was aiming to send the nearly 400-foot (120-meter) Starship rocket on a round-the-world trip from the southern tip of Texas, near the Mexican border. It carried no people or satellites.

The plan called for the booster to peel away from the spacecraft minutes after liftoff, but that didn’t happen. The rocket began to tumble and then exploded four minutes into the flight, plummeting into the gulf. After separating, the spacecraft was supposed to continue east and attempt to circle the world, before crashing into the Pacific near Hawaii.

Throngs of spectators watched from South Padre Island, several miles away from the Boca Chica Beach launch site, which was off limits. As it lifted off, the crowd screamed: “Go, baby, go!”

The company plans to use Starship to send people and cargo to the moon and, eventually, Mars. NASA has reserved a Starship for its next moonwalking team, and rich tourists are already booking lunar flybys.

It was the second launch attempt. Monday’s try was scrapped by a frozen booster valve.

At 394 feet and nearly 17 million pounds of thrust, Starship easily surpasses NASA’s moon rockets — past, present and future. The stainless steel rocket is designed to be fully reusable with fast turnaround, dramatically lowering costs, similar to what SpaceX’s smaller Falcon rockets have done soaring from Cape Canaveral, Florida. Nothing was to be saved from the test flight.

The futuristic spacecraft flew several miles into the air during testing a few years ago, landing successfully only once. But this was to be the inaugural launch of the first-stage booster with 33 methane-fueled engines.

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