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Jeff Bezos-backed Blue Origin suffered a major setback after its flagship New Glenn rocket exploded during a static fire test at Kennedy Space Center in Cape Canaveral, Florida. Video shared by Spaceflight Now showed the rocket engulfed in flames before an explosion at Launch Complex 36. Blue Origin said it recorded an anomaly during the test. Jeff Bezos said all personnel were accounted for and safe, while acknowledging that Blue Origin still did not know the root cause of the failure. “Very rough day, but we'll rebuild whatever needs rebuilding,” Bezos said. Elon Musk responded to Blue Origin’s update with a supportive message: “Sorry to see this, I hope you recover quickly.” The setback comes as Musk-led SpaceX recently completed a successful Starship V3 test launch and continues to draw attention around its reported IPO plans. The broader space sector has still shown strength, with the average performance of the top 10 space stocks in May 2026 up around 15%, based on calculated gains from leading pure-play space companies and major aerospace contractors. Disclaimer: Video contains AI generated content. #BlueOrigin #ElonMusk #spacex Content contains videos from X user @spaceflightnow --- 🖥️ Try Benzinga Pro FREE with a 14 day trial: https://www.benzinga.com/pro/register 📈 Take your trading to the next level with our suite of premium research services and tools: https://www.benzinga.com/services 🌐 Find more market-moving insights at https://www.benzinga.com — your one-stop destination for the latest financial news, data, and expert analysis to stay ahead of the markets. 📲 Follow us on socials @benzinga ------------------------------------------------------------------------------------ 🔹Free Benzinga Webinars: https://www.youtube.com/watch?v=LQ2jOJNkDfI&list=PL4k0fH8EgI3YTdqniRmxrvz97w3IQ61rD 🔹Benzinga Pro Tutorials: https://www.youtube.com/watch?v=a2FaHhLIrks&list=PL4k0fH8EgI3YMwoBMFXGvVMkgixFymmei&pp=gAQB 🔹Earnings Calls: https://www.youtube.com/watch?v=C2-AoCw64Ok&list=PL4k0fH8EgI3buZI5529R53wJUNd9NS4_s 🔹Premarket Playbook: https://www.youtube.com/playlist?list=PL4k0fH8EgI3ZVRPM7INpG--GvohnBVTnT 🔹Benzinga's All Access: https://www.youtube.com/playlist?list=PL4k0fH8EgI3bQSn91atO-3lPT4V6Nwsmh 🔹Subscribe To The Channel: https://www.youtube.com/@Benzinga ------------------------------------------------------------------------------------ ⚠️ Disclaimer: Investing in financial markets carries risk, and there are no guaranteed returns. All information is for educational purposes only and should not be taken as financial advice. Always do your own research and speak with a qualified financial advisor before making investment decisions. Only invest what you can afford to lose. Past performance does not guarantee future outcomes. #StockMarket #StockMarketNews #Trading #StockMarketLive #Stocks #stocktrading #learntotrade #DayTrading #StockMarketToday
