New Mexico, Mar 14: SpaceX's mega rocket blasted off on another test flight on Thursday and made it farther than two previous attempts, but the spacecraft was lost as it descended back to Earth.

The company said it lost contact with the spacecraft as it neared its goal, a splashdown in the Indian Ocean, about an hour after liftoff from the southern tip of Texas near the Mexican border.

Two test flights last year both ended in explosions minutes after liftoff.

Starship, the biggest and most powerful rocket ever built, headed out over the Gulf of Mexico after launch Thursday. Minutes later, the booster separated seamlessly from the spaceship and splashed down into the gulf and the spacecraft continued eastward. No people or satellites were on board.

An hour later, SpaceX commentators said contact had been lost with the spacecraft.

"The ship has been lost. So no splashdown today," said SpaceX's Dan Huot. "But again, it's incredible to see how much further we got this time around."

Earlier during the flight, SpaceX's Elon Musk had congratulated his team."SpaceX has come a long way," Musk said via X, former Twitter. The rocket company was founded exactly 22 years ago Thursday.

The rocket and futuristic-looking spacecraft towers 397 feet (121 meters), easily exceeding NASA's past and present moon rockets.

NASA watched with keen interest: The space agency needs Starship to succeed in order to land astronauts on the moon in the next two or so years. This new crop of moonwalkers the first since last century's Apollo program will descend to the lunar surface in a Starship, at least the first couple times.

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Mumbai, Apr 30 (PTI): The rupee depreciated 32 paise to an all-time low of 95.20 against the US dollar in early trade on Thursday, weighed down by elevated Brent crude oil prices, hovering around USD 122 per barrel, and strong American currency.

Forex traders said the USD/INR pair may see further downside, as rising crude oil prices are likely to sharply impact India's import costs, while concerns over potential wider conflict in West Asia are fuelling investor anxiety.

Meanwhile, the US dollar added to gains after the US FED Reserve kept rates unchanged. Safe-haven demand was also boosted by another diplomatic setback between Washington and Tehran.

At the interbank foreign exchange market, the rupee opened at 95.01 against the US dollar, then lost some ground and touched an all-time low of 95.20 against the US dollar in initial trade, registering a fall of 32 paise over its previous close.

On Wednesday, the rupee depreciated 20 paise to close at an all-time low of 94.88 against the US dollar.

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"The main effect on the rupee has been from the rising oil prices, which touched USD 120 per barrel and looked headed for further upside as the US continues with its blockade of Iranian ports, while Iran does not allow any ship/tanker to pass through the Strait of Hormuz," said Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP.

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.01 per cent higher at 98.96.

Brent crude, the global oil benchmark, was trading higher by 3.16 per cent at USD 121.76 per barrel in futures trade.

On the domestic equity market front, Sensex tumbled 821.79 points to 76,674.57 in early trade, while the Nifty dived 287.3 points to 23,890.35.

Foreign Institutional Investors offloaded equities worth Rs 2,468.42 crore on Wednesday, according to exchange data.

"FPIs continue with their sale of Indian Equities and debt (the yield touched 7 per cent on Wednesday) and are also dollar buyers consistently," Bhansali added.