SpaceX discovers malfunction, postpones launch of Starship rocket.

On Thursday local time, SpaceX identified multiple issues during pre-launch checks, prompting the postponement of the key test mission for its giant Starship rocket. This launch was originally scheduled to take place at the company's Starbase launch site in southern Texas, for the Starship's twelfth large-scale flight mission. The original launch date coincided with the long-awaited initial public offering application submitted by Elon Musk's space exploration technology company. The company plans to raise up to $75 billion for the development of lunar and Mars transport spacecraft, the Starlink space internet project, and emerging artificial intelligence businesses.