Blue Origin rocket grounded

The failure has sent shares of AST SpaceMobile tumbling as its payload is now considered lost.

NASA is also monitoring the situation closely, as it relies on the New Glenn rocket for upcoming lunar missions under the Artemis program.

An investigation is underway to determine the cause of the engine malfunction during the second-stage flight sequence.

This setback highlights the ongoing challenges of heavy-lift space flight even for well-funded private ventures.