Space stocks fall after Blue Origin rocket explosion during launchpad test
By
Naomi Buchanan
18d ago· 3 min readenNews
Summary
A Blue Origin rocket exploded during a launchpad test on Thursday night, causing space stocks including ASTS (AST SpaceMobile) to drop significantly in Friday trading. The rocket, owned by Amazon founder Jeff Bezos' space company, failed during prelaunch testing, triggering a sell-off in the space sector.
Source
Key quotes
· 3 pulledA Blue Origin rocket exploded during a launchpad test Thursday night.
The space company is owned by Amazon founder Jeff Bezos.
Space stocks saw dramatic declines in Friday trading.
A Blue Origin rocket exploded during prelaunch testing on Thursday. Space stocks saw dramatic declines in Friday trading.