NEWSIO · ECONOMIC NEWS

EN zh-TW

newsio aggregates and links to original sources. We do not own the original images or content. If you believe content infringes on intellectual property rights, contact us — it will be removed at first notice.

aerospace / news / 2026-05-30 / The Japan Times

Blue Origin's New Glenn rocket blew up Thursday evening while undergoing a test on a Florida launchpad.

Blue Origin's New Glenn rocket exploded during a test on a Florida launchpad Thursday evening.

KEY POINTS

The explosion is expected to cause delays for Blue Origin's plans to deploy Amazon's Leo satellites.
Blue Origin was selected this week by NASA for its lunar base program before the rocket failure.
The incident has caused a sudden halt in the ongoing rally of space-related stocks.

A weekslong rally in space-related stocks came to an abrupt halt on Friday, with the explosion of a Blue Origin rocket serving as a glaring reminder of the risks that come with the potential riches investors hope to reap from the blossoming industry. The Jeff Bezos-backed firm’s New Glenn rocket blew up Thursday evening while undergoing a test on a Florida launchpad, ahead of plans for it to deploy satellites for Amazon’s Leo, a rival network to SpaceX’s Starlink. The explosion dealt a major setback to Blue Origin’s efforts, and will likely lead to delays. It also raises questions around a platform that was among companies selected just this week by NASA to help jumpstart its lunar base program.

COMPANIES

Read the full story on The Japan Times → →

Share X LinkedIn

Summarized by Newsio from The Japan Times . How we summarize →

Future spacecraft could use a single propellant to perform both rapid movements and slow, highly controlled adjustments.

The S&P 500 and Nasdaq indexes fell on Tuesday as a rebound in technology shares faded.

Alphabet entered a cloud service agreement with SpaceX to pay $920 million per month for 200 megawatts of capacity from October 2026 through June 2029.