Space stocks tumble after a Blue Origin rocket explodes and SpaceX’s valuation gets a reality check

The red-hot space sector was feeling some heat on Friday, cooling from some of the spectacular gains seen in May.

Blue Origin assesses impact of New Glenn explosion

Blue Origin assess the impact of Thursday's New Glenn explosion, prompting concern about NASA moon program delays.
KHOU 11

WATCH: Explosion rocks SpaceX launch site; payload lost

CAPE CANAVERAL, Fla. — A SpaceX Falcon 9 rocket — and the satellite Facebook was to use in Africa — exploded on its pad during a test Thursday morning at Cape Canaveral Air Force Station. No one was injured. Witnesses reported seeing a fireball ...
Futurism

If Starship Explodes Again, It Could Derail SpaceX’s Entire IPO

SpaceX's multi-trillion dollar IPO could come flying apart if its Starship rocket does on its upcoming test flight.