Blue Origin's New Glenn finally roared into orbit in the early hours of Thursday, with SpaceX's Starship rocket set to launch hours later.

The latest test of Space X's giant Starship rocket has failed, minutes after launch. Officials at Elon Musk's company said the upper stage was lost after problems developed after lift-off from Texas on Thursday. The mission came hours after the first flight of the Blue Origin New Glenn rocket system, backed by Amazon boss Jeff Bezos.

Jeff Bezos, the second richest man in the world, successfully blasted off a 320-foot-tall rocket ship made by his Blue Origin company from Cape Canaveral, Florida, in the early hours of the morning. It made the company the first to successfully reach orbit on its first launch of an orbital-class rocket.

The spacecraft was supposed to soar across the Gulf of Mexico on a near loop around the world similar to previous test flights. SpaceX had packed it with 10 dummy satellites for practice at

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SpaceX CEO Elon Musk took to X on Thursday night to explain what his company believes may have caused part of the Starship rocket to experience a "rapid unscheduled disassembly."

Florida’s sky briefly lit up during the night as one of a handful of big new American-made rockets took flight. It was the first time a new space company achieved orbit on the first launch attempt.

Several space stocks have shrugged off the explosion of SpaceX's Starship spacecraft during its seventh flight test SpaceX CEO Elon Musk has described the explosion of the company's Starship spacecraft during its seventh flight test Thursday as "barely a bump in the road,

After Jeff Bezos's Blue Origin nailed its first-ever orbital flight, Elon Musk's SpaceX is seizing back the spotlight Thursday with the latest Starship launch.

Hours after Jeff Bezos's Blue Origin nailed its first-ever orbital mission, SpaceX seized back the spotlight on Thursday as its latest test of Starship, its gargantuan next-generation megarocket, ended with the upper stage dramatically disintegrating over the Atlantic.