SpaceX's multi-trillion dollar IPO could come flying apart if its Starship rocket does on its upcoming test flight.

A Blue Origin New Glenn rocket owned by billionaire tech giant Jeff Bezos has exploded on a launch pad in a disastrous test in Florida.

SpaceX’s massive Starship spacecraft, designed for future missions to the Moon and Mars, has once again captured global attention after a dramatic splashdown and explosion during its latest flight test.

SpaceX launched its latest Starship test flight from Texas, with the spacecraft completing most mission objectives before exploding in the Indian Ocean after splashdown. View on euronews

SpaceX's Starship spacecraft splashed down into the Indian Ocean Friday after the company performed a mostly successful test flight of the latest version of its enormous rocket. There's a lot riding on SpaceX' the company is under contract with NASA to produce a modified version of Starship to serve as a lunar landing system.

Space stocks continue to surge with Redwire, Rocket Lab, Firefly Aerospace among leaders after SpaceX prospectus, Starship launch.