Wednesday 17 June 2026
FTSE 100 10,508.61 +0.75%S&P 500 7,503.97 -0.67%Nasdaq 26,375.91 -1.15%Dow 52,104.95 +0.84%Nikkei 225 69,902.25 +0.72%Gold $4,393.70 +1.45%Silver 71.18 +1.83%Brent Crude Oil $79.16 +0.25%Dollar Index 99.69 +0.15%GBP/USD 1.3396 -0.15%GBP/EUR 1.1551 -0.19%GBP/AUD 1.8938 -0.16%Bitcoin (USD) $65,788 +0.29%Ethereum (USD) 1,772.95 -0.97%FTSE 100 10,508.61 +0.75%S&P 500 7,503.97 -0.67%Nasdaq 26,375.91 -1.15%Dow 52,104.95 +0.84%Nikkei 225 69,902.25 +0.72%Gold $4,393.70 +1.45%Silver 71.18 +1.83%Brent Crude Oil $79.16 +0.25%Dollar Index 99.69 +0.15%GBP/USD 1.3396 -0.15%GBP/EUR 1.1551 -0.19%GBP/AUD 1.8938 -0.16%Bitcoin (USD) $65,788 +0.29%Ethereum (USD) 1,772.95 -0.97%
Advertisement
Follow News in 60 on Facebook
UK Weather
London 23°C Partly cloudyBirmingham 21°C Partly cloudyManchester 21°C Partly cloudyNewcastle 20°C Patchy rain nearbyBristol 18°C Partly cloudyCardiff 17°C OvercastEdinburgh 20°C Patchy rain nearbyBelfast 20°C Partly cloudy

Setback for Blue Origin as New Glenn Rocket Explodes

Advertisement
Follow News in 60 on Facebook

Blue Origin’s New Glenn rocket faced a significant setback when it exploded during a hot-fire test in Florida. This incident highlights the challenges the company, founded by Jeff Bezos, faces as it attempts to compete with Elon Musk’s SpaceX. The explosion occurred while the rocket was anchored to the ground, and fortunately, no injuries were reported.

The failure comes as Blue Origin prepares to launch 48 Amazon Leo satellites, part of a broader initiative to establish a broadband network to rival SpaceX’s Starlink. This setback could delay their plans and impact the competitive landscape of satellite internet services.

While Bezos expressed determination to rebuild and continue, the incident raises questions about the reliability of Blue Origin’s technology. The company has already faced scrutiny after a previous mission failed to deliver a satellite to the correct orbit, prompting investigations.

For the UK, the implications of this failure may extend to the satellite internet market, especially as companies like Amazon seek to provide services that could enhance connectivity across the region. As competition heats up, consumers may see changes in pricing and availability of satellite internet options in the near future.

Source: Al Jazeera

Read more Money news →

Leave a comment

Your email address will not be published. Required fields are marked *