Japanese startup ispace said its attempt to make the first private moon landing had failed after losing contact with its Hakuto-R Mission 1 lander, concluding it had most likely crashed on the lunar surface
said its attempt to make the first private moon landing had failed after losing contact with its Hakuto-R Mission 1 lander when it unexpectedly accelerated and probably crashed on the lunar surface.
"It apparently went into a free-fall towards the surface as it was running out of fuel to fire up its thrusters," Chief Technology Officer Ryo Ujiie told a news conference on Wednesday.explodedA private firm has yet to succeed with a lunar landing. Only the United States, the former Soviet Union and China have soft-landed spacecraft on the moon, with attempts in recent years by India and a private Israeli company also ending in failure.
But disappointment led to a glut of sell orders on Wednesday. After being untraded all day, the stock finished down 20% in a forced closing price decided by the bourse that reflects the balance of buy and sell orders.
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