Connect with us

Hi, what are you looking for?

Please enter CoinGecko Free Api Key to get this plugin works.

Finance News

Blue Origin successfully launches its SpaceX rival

New Glenn on the launchpad. | Image: Blue Origin

The billionaire space race entered a new phase today when Jeff Bezos’ Blue Origin successfully launched its 320-foot-tall New Glenn rocket this morning from Cape Canaveral in Florida.

At 2:03AM ET this morning, New Glenn’s seven reusable BE-4 engines ignited to propel the NG-1 rocket into space, with the second stage and payload reaching orbit to achieve Blue Origin’s primary mission goal.

In parallel, the first stage booster — dubbed, “So You’re Telling Me There’s A Chance” — autonomously descended to its landing platform located several hundred miles downrange in the Atlantic. As it approached the Jacklyn barge, the booster lost contact with control and stopped sending data. Blue Origin confirmed that the booster was lost during landing.

Second stage engine cutoff confirmed. New Glenn’s second stage and payload are now in orbit. Another burn coming up…

— Blue Origin (@blueorigin) January 16, 2025

Nevertheless, Blue Origin’s goal for today’s uncrewed launch was for New Glenn to reach orbit. Anything beyond that would be a bonus — like activating a prototype of the Blue Ring Pathfinder payload vehicle or landing the reusable booster. “No matter what, we will learn a lot,” said Blue Origin CEO Dave Limp ahead of today’s launch.

Image: Blue Origin Today’s flight profile. Success meant launching into orbit, everything else was a “bonus.”

The launch comes after almost a decade of development and puts Elon Musk’s SpaceX on notice. New Glenn has about the same carrying capacity as SpaceX’s Falcon Heavy, and is meant to shuttle cargo into space on the reusable launch platform. This includes satellites for Blue Origin’s rival to Starlink’s high-speed low-latency internet service. The first of these 3,236 Project Kuiper satellites are expected to launch into low Earth orbit soon, aboard SpaceX’s Falcon 9 rocket before New Glenn can take over the heavy lifting.

You May Also Like

Finance News

Photo by Victoria Song / The Verge Samsung is making the Galaxy Ring available to more people by adding size 14 and 15 rings...

Finance News

The Verge eBay has “signed a definitive agreement” to buy online automotive transaction platform provider Caramel to help make buying and selling vehicles on...

Stock News

The stock market is in pullback mode with the S&P 500 EW ETF down 5.15% over the past month and down 1% year-to-date. This...

Stock News

In this video, Tony starts the week with a very different tone as he looks at how markets are currently playing out. He then...



Disclaimer: financehightech.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.