SpaceX has confirmed that Starship Flight 7 will take off on Wednesday at 5:00 p.m. ET. This will mark Elon Musk’s Starship’s seventh flight and its first flight in 2025. The company intends to test various new equipment and procedures during its launch, including deploying 10 Starlink simulators similar in weight and size to next-generation Starlink satellites.
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SpaceX will stream the Starship Flight 7 launch on its website, Musk’s social media platform X, and the new X TV app. The stream starts 35 minutes before the shuttle’s launch. Viewers will see several upgrades to the Starship, such as updated forward flaps, a redesigned propulsion system, and new avionics.
The flight will also mark the first time that SpaceX resues Super Heavy booster components. The Raptor engine from Starship Flight 5 is being reused for this test flight. The space flight company will also attempt to catch the Super Heavy booster when it lands. This is something that SpaceX has only succeeded in doing once before in October 2024.
SpaceX Plans More Test Flights in 2025
Starship Flight 7 will mark the first of a long line of test flights for the rocket this year. Musk is currently negotiating with the Federal Aviation Administration (FAA) to increase the number of test flights for the ship. If the FAA agrees, this could result in up to 25 test flights of the spacecraft this year. That would create a huge amount of test data compared to the two flights in 2023 and four in 2024.
How to Invest in SpaceX Stock
SpaceX is a private company, meaning retail investors can’t directly hold its shares. However, they can gain exposure to the company in other ways. One option is buying shares of Tesla (TSLA) stock. Elon Musk owns Tesla, which is his only publicly traded company.
Another option is investing in Cathie Wood’s ARK Venture Fund (ARKVX). Wood is an outspoken supporter of Musk and many of her mutual funds invest in his companies. ARK Venture Fund is among them as it holds shares of SpaceX stock.
Turning to Wall Street, the analysts’ consensus rating for Tesla is Hold based on 13 Buy, 12 Hold, and nine Sell ratings over the last three months. With that comes an average price target of $322.56, a high of $515, and a low forecast of $24.86. This represents a potential 18.29% downside for TSLA shares.
