Blue Origin rocket grounded after mishap

The failure of the New Glenn's engine during a critical phase of the launch has raised concerns about the reliability of Jeff Bezos' space venture.

NASA, which is counting on the rocket to deliver equipment for the upcoming Artemis moon missions, is closely monitoring the investigation.

The grounding comes at a time of intense competition in the private space sector, as companies race to deploy massive satellite constellations.

Blue Origin must now address the technical issues and prove the safety of its flagship rocket before it can return to flight.