The US has grounded SpaceX's giant Starship rocket while an investigation is carried out into why one exploded during its latest test flight. The rocket's upper stage dramatically broke up and disintegrated over the Caribbean after launching from Texas on Thursday, forcing airline flights to alter course to avoid falling debris.

WASHINGTON (Reuters) - A SpaceX Starship rocket broke up in space minutes after launching ... The failure came a day after Blue Origin, billionaire Amazon founder Jeff Bezos' space company, successfully launched its giant New Glenn rocket into orbit ...

Granted, Blue Origin poses an even bigger threat to Lockheed Martin (NYSE: LMT) and Boeing (NYSE: BA) and their United Launch Alliance (ULA) joint venture, which charges $110 million for Vulcan rocket launches. Airbus ' (OTC: EADSY) Arianespace charges $77 million for an Ariane 62 launch, and is probably worried, too.

Despite the failure, Elon Musk appeared to see the bright side, posting: "Success is uncertain, but entertainment is guaranteed!"

Blue Origin scored a major win with its New Glenn rocket launch, but SpaceX still leads the space industry with a Falcon fleet and upcoming Starship.

For the second time, SpaceX successfully captured Starship's rocket booster on mechanical ... Early Thursday, Blue Origin, the space company founded by Amazon.com Inc. (AMZN) co-founder Jeff ...

SpaceX's Starship exploded mid-air during its seventh ... Blue Origin was founded by Amazon (AMZN) founder and former CEO Jeff Bezos.

Reports show air traffic control failures and Black Hawk deviation led to the deadly midair collision near Washington DC, killing 67 people.

Elon Musk versus Amazon founder Jeff Bezos: they both launched prototype rockets on the same day, a rivalry with billions of dollars at stake. SpaceX's Starship is fuelled by Musk's extraordinary ...

SpaceX conducted another flight test of the Starship interplanetary transport system, designed to revolutionize space travel. During a test jump of 32,808 feet, the SN9 prototype successfully launched,

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