As such, the Dragon capsule was sent on an alternate path that'll see it try once again on Thursday.
This was not the mission's first small delay.
"Internal financial documents reviewed by The Wall Street Journal and interviews with former SpaceX employees depict robust growth in new rocket-launch contracts and a thin bottom line that is vulnerable when things go awry".
European Space Agency (ESA) astronaut Thomas Pesquet grappled Dragon at 5:44 a.m. EST (1044 GMT) as the ISS flew over the northwest coast of Australia.
But the Dragon's computers received an incorrect navigational update, triggering an automatic wave off.
"It did exactly what it was created to do, breaking out of a rendezvous approach when it saw an incorrect value", Navias said during the live Nasa TV steam of the planned docking.
The cargo also included a number of furry friends.
Evacuations, flash flood warnings, downpours in already drenched Northern, Central California
The rainfall has filled up already-swollen creeks and rivers, and knocked power out in areas such as Monterey County. Weather watches and warnings were issued for almost a dozen counties because of flooding concerns and gusty winds.
SpaceX's supply ship, the Dragon, was less than a mile from the orbiting outpost when a problem cropped up in the GPS system.
The orbital arrival was 24 hours late after dragon's first approach to ISS.
NASA spokesman Rob Navias said that astronauts were not in danger and the capsule "did exactly what it was created to do" in the situation. "Same in space - we'll be ready tomorrow!"
Elon Musk-led SpaceX recently pulled off another successful rocket landing as a Falcon 9 rocket flawlessly touched down at the company's ground-based landing zone at Cape Canaveral Air Force Station in Florida.
A day after aborting an attempted docking, SpaceX's Dragon spacecraft arrived at the International Space Station Thursday and was captured by the station's robotic arm while flying over Australia. However, the mission was waved off after the ship received the GPS-related error.
After tweeting that the Dragon cargo craft was waved off, SpaceX then tweeted, "Dragon is in good health and will make another rendezvous attempt with the @Space_Station Thursday morning". The aborted docking is a first for SpaceX.
Since the USA space shuttle programme ended in 2011, the world's astronauts have paid Russian Federation to ride to the space station aboard the Soyuz capsules.