Blue Origin rocket grounded after mishap

Jeff Bezos' space technology firm, Blue Origin, is facing a significant setback after its third New Glenn launch ended in failure.

The Federal Aviation Administration has ordered a full investigation into the second-stage flight sequence that doomed the mission's primary payload.

Shares of AST SpaceMobile plummeted following the news that their satellite is likely lost.

This incident highlights the ongoing challenges of heavy-lift orbital launches, even as Blue Origin races to compete with SpaceX's established reuse capabilities.