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.

Explosion at SpaceX’s Starship launch site, days before critical rocket mission

An explosion has been captured at SpaceX’s Starbase facility in Texas, where Elon Musk’s company is preparing to launch its Starship craft in a critical test of the world’s largest rocket. SpaceX was reportedly performing a deluge test,
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Mid 2026 Satellite Mobile Internet Update: New Glenn Explosion Derails Amazon Leo & AST SpaceMobile, SpaceX Begins Starlink V3 Testing

Last Thursday evening the hopes of a Starlink competitor coming online any time this year went kaboom when Blue Origin's massive New Glenn rocket exploded on the launch pad in Florida. And it was a

SpaceX rocket goes up in flames in coordinated explosion

The largest and most powerful rocket in history, SpaceX’s Starship V3, had a successful launch and a successful explosion once it returned to Earth. The SpaceX rocket’s demise was planned as it splashed down in the Indian Ocean on Friday.

SpaceX’s Starship V3 explodes in fireball during debut flight

Starship V3 is designed to enable more frequent Starlink satellite launches and to send future NASA missions to the moon. The test flight represents a key milestone for the vehicl