04:46:16 EDT Tue 01 Jul 2025
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Close 2025-01-13 C$ 25.97
Market Cap C$ 692,100,500
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Globe/AP say Amazon's Bezos has astronomical setback

2025-01-14 07:43 ET - In the News

The Globe and Mail reports in its Tuesday edition that Blue Origin called off the debut launch of its massive new rocket early Monday because of technical trouble. An Associated Press dispatch to The Globe says that the 98-metre New Glenn rocket was supposed to blast off before dawn with a prototype satellite from Florida's Cape Canaveral Space Force Station. However, launch controllers had to deal with an unspecified rocket issue in the final minutes of the countdown and ran out of time. Once the countdown clock was halted, they immediately began draining all the fuel from the rocket. Blue Origin did not immediately set a new launch date. The test flight had already been delayed by rough seas that posed a risk to the company's plan to land the first-stage booster on a floating platform in the Atlantic. New Glenn is named after the first American to orbit Earth, John Glenn. It is five times taller than Blue Origin's New Shepard rocket that carries paying customers to the edge of space from Texas. Amazon's Jeff Bezos founded the company 25 years ago. He took part in Monday's countdown from Mission Control. No matter what happens, Mr. Bezos said Sunday evening, "We're going to pick ourselves up and keep going."

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