Blue Origin's New Glenn rocket exploded during a hotfire test at Cape Canaveral. AST SpaceMobile fell 11%, Rocket Lab dropped 2%. Investigation underway. The postBlue Origin's New Glenn rocket exploded during a hotfire test at Cape Canaveral. AST SpaceMobile fell 11%, Rocket Lab dropped 2%. Investigation underway. The post

Blue Origin New Glenn Rocket Erupts in Flames During Hotfire Test at Cape Canaveral

2026/05/29 18:41
3 min read
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TLDR

  • New Glenn rocket was consumed by flames during a hotfire test at Cape Canaveral’s Launch Complex 36 on Thursday evening
  • Space sector stocks tumbled in premarket trading, with AST SpaceMobile plunging 11% and Rocket Lab declining 2.1%
  • Blue Origin founder Jeff Bezos stated all personnel escaped unharmed and pledged to determine the cause and reconstruct the vehicle
  • This incident follows another mission failure in April when a satellite wasn’t placed in proper orbit
  • NASA officials confirmed they’re monitoring the situation and will assist with the investigation into the mishap

A catastrophic failure struck Blue Origin’s New Glenn rocket Thursday evening at its Cape Canaveral, Florida launch facility, transforming a routine hotfire test into a spectacular explosion that lit up the night sky.

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The aerospace company acknowledged the disaster through a statement on X, describing it as “an anomaly during today’s hotfire test.” Blue Origin emphasized that all team members were safe and accounted for.

Footage captured the dramatic sequence as smoke began billowing from underneath the towering 98-meter rocket moments before it was engulfed in an enormous fireball at Launch Complex 36, occurring approximately 9pm Eastern Time.

Local representative Mike Haridopolos, whose congressional district encompasses Cape Canaveral, confirmed he’d been communicating with NASA Administrator Jared Isaacman while expressing gratitude to emergency response teams.

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Space Stocks React to the Explosion

Market participants responded swiftly to the news. AST SpaceMobile experienced an 11% decline in premarket sessions Friday morning, while Rocket Lab retreated 2.1%. Both companies had surged approximately 90% during the previous month.

A significant portion of that momentum stemmed from speculation surrounding a possible SpaceX public offering, with valuations potentially exceeding $75 billion. The New Glenn disaster appears to have triggered profit-taking following those substantial gains.

SpaceX chief Elon Musk expressed sympathy via X, characterizing the event as “most unfortunate.”

A Second Setback in Two Months

This explosion represents another serious challenge for the New Glenn program. Just weeks earlier in April, the rocket encountered difficulties delivering an AST SpaceMobile communications satellite to its intended orbital position.

Following that mishap, the Federal Aviation Administration mandated that Blue Origin conduct a full investigation. On May 22, Blue Origin announced the FAA had accepted its findings and authorized the implementation of corrective actions. That failure was attributed to thermal issues that prevented a single engine from achieving complete thrust.

Blue Origin maintains a partnership with NASA on developing lunar landing technology for the Artemis program aimed at returning humans to the moon. The space agency confirmed it’s monitoring Thursday’s incident and evaluating potential implications for upcoming missions.

Thursday’s launchpad disaster resulted in no reported casualties. Investigators are currently working to determine what triggered the explosive failure.

The post Blue Origin New Glenn Rocket Erupts in Flames During Hotfire Test at Cape Canaveral appeared first on Blockonomi.

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