Space stocks tumble after a Blue Origin rocket explodes and SpaceX's valuation gets a reality check

Founder Jeff Bezos gives update as Blue Origin rocket explodes during test; says: Very rough day, but ...

Blue Origin's New Glenn rocket exploded on the pad during a May 28 hotfire test while being prepped for a 48-satellite Amazon Kuiper mission. The setback delays Kuiper's LEO constellation rollout against Starlink and raises execution risk on Blue Origin's $230M NASA lunar contract.