Blue Origin rocket grounded

Jeff Bezos' space venture, Blue Origin, has suffered a significant setback after its flagship New Glenn rocket failed to deliver its payload correctly.

While the reusable first-stage booster successfully landed on an ocean barge, the upper stage malfunctioned, dooming the AST SpaceMobile satellite.

The FAA has mandated a full investigation into the incident, which could delay future missions for NASA's Artemis program.

Shares of AST SpaceMobile plummeted following the news of the botched deployment.