A booster rocket exploded during a test run in Texas on Monday, defying expectations.

Musk's goal of sending a starship into Earth's orbit in space this year has suffered a setback. 

Financial experts believe Elon Musk's server was damaged by the Super Heavy Booster 7 prototype explosion.

Elon Musk is designing SpaceX booster rockets with the aim of achieving human survival on Mars.

The Starship space rocket was designed to get humans into space at a low cost.

An explosion occurred when it was launched on Monday. NASA Spaceflight posted the footage on its website.

Meanwhile, SpaceX company is trying to send a rocket made of 33 engines into the earth's orbit by the end of this year.

As part of this, a 394-foot Super Heavy Booster 7 prototype was tested at SpaceX's Boca Chica test site in Texas.

During this launch, the SpaceX rocket booster exploded and broke into pieces.

Elon Musk responded on Twitter. The exact reason why the rocket exploded is still unknown

On this occasion, he tweeted that the SpaceX team will assess the damage from the rocket explosion.