Blue Origin rocket that blew up during test debacle cost Jeff Bezos’ space company $150M
Blue Origin's New Glenn rocket exploded during a test on Florida's space coast, resulting in a loss of approximately $150 million. Fortunately, no injuries were reported, and Jeff Bezos stated that the company would work to rebuild. The incident raises concerns about the impact on upcoming missions, including NASA's plans for lunar exploration.
- ▪The explosion occurred during a prelaunch test, consuming the rocket in flames before it exploded.
- ▪Blue Origin's New Glenn rocket was estimated to cost over $150 million to construct.
- ▪Bezos assured that all personnel were safe and that the company would investigate the cause of the explosion.
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US News Blue Origin rocket that blew up during test debacle cost Jeff Bezos’ space company $150M By Patrick Reilly Published May 29, 2026, 11:44 a.m. ET See more of our coverage in your search results. Add The New York Post on Google The Jeff Bezos-owned Blue Origin rocket that dramatically exploded on Florida’s space coast Thursday night costs upwards of $150 million to construct — and the Amazon founder pledged to “rebuild whatever needs rebuilding.” It costs more than $100 million to build the New Glenn rocket’s first stage, a 188-foot-tall rocket booster, and north of $50 million to construct the 88-foot tall upper stage, Ars Technica reported, representing a potential major setback for the space exploration company.
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