SpaceX Pushes Timeline Back Over Two Months, Cites No Safety Concern

SpaceX confirmed on its Updates page a delay of more than two months beyond a previously communicated mid-September target. The company stated the delay was not based on a new safety concern. No operational rationale was given. The disclosure comes as SpaceX shares trade near $135, the company's IPO price, after a roughly $600 billion decline in market value since late June.