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The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

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After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

3

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
TechSpaceX

SpaceX Starship blows up during routine launchpad test, the latest setback in Elon Musk’s quest to go interplanetary

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June 19, 2025, 8:08 AM ET
Tesla and SpaceX CEO Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington, March 9, 2020.
Tesla and SpaceX CEO Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington, March 9, 2020.Susan Walsh—AP
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One of Elon Musk’s SpaceX Starships exploded during a routine test late Wednesday in Texas, law enforcement said, in the latest setback to the billionaire’s dream of turning humanity into an interplanetary species.

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The Starship 36 suffered “catastrophic failure and exploded” at the Starbase launch facility shortly after 11:00 pm (0400 GMT Thursday), a Facebook post by the Cameron County authorities said.

A video shared with the post showed the megarocket attached to the launch arm, and then a flash and a towering, fiery explosion.

Musk’s Space X said the rocket was preparing for the tenth flight test when it “experienced a major anomaly while on a test stand at Starbase,” without elaborating on the nature of the complication.

“A safety clear area around the site was maintained throughout the operation and all personnel are safe and accounted for,” Space X added on social media.

“There are no hazards to residents in surrounding communities, and we ask that individuals do not attempt to approach the area while safing operations continue.”

The Starship was not scheduled for launch on Wednesday evening when the explosion occurred during a “routine static fire test,” according to the Cameron County authorities.

During a static fire, part of the procedures preceding a launch, the Starship’s Super Heavy booster would be anchored to the ground to prevent it from lifting off during the test-firing.

Starbase on the south Texas coast, near the border with Mexico, is the headquarters for Musk’s space project.

Megarocket

Standing 403 feet (123 meters) tall, Starship is the world’s largest and most powerful rocket and central to Musk’s long-term vision of colonizing Mars.

The Starship is billed as a fully reusable rocket with a payload capacity of up to 150 metric tons.

The latest setback follows an explosion of a prototype Starship over the Indian Ocean in late May.

The biggest and most powerful launch vehicle ever built had lifted off on May 27 from the Starbase facility, but the first-stage Super Heavy booster blew up instead of executing its planned splashdown in the Gulf of Mexico.

The previous two outings also ended poorly, with the upper stage disintegrating over the Caribbean.

But the failures will likely do little to dent Musk’s spacefaring ambitions.

SpaceX has been betting that its “fail fast, learn fast” ethos, which has helped it dominate commercial spaceflight, will eventually pay off.

The company has caught the Super Heavy booster in the launch tower’s giant robotic arms three times — a daring engineering feat it sees as key to rapid reusability and slashing costs.

NASA is also increasingly reliant on SpaceX, whose Dragon spacecraft is vital for ferrying astronauts to and from the International Space Station.

The Federal Aviation Administration (FAA) in early May approved an increase in annual Starship rocket launches from five to 25, stating that the increased frequency would not adversely impact the environment.

The decision overruled objections from conservation groups who had warned the expansion could endanger sea turtles and shorebirds.

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