The red-hot space sector was feeling some heat on Friday, cooling from some of the spectacular gains seen in May.

The company, owned by Jeff Bezos, said its New Glenn rocket would launch this week. A second stage failure derailed the vehicle’s third flight last month.

A Blue Origin New Glenn rocket exploded on its launch pad at Cape Canaveral, Florida, during a May 28 hotfire test, causing extensive pad damage.

A Blue Origin New Glenn spaceship has exploded, disappearing in a massive ball of fire during a test on Thursday night. Fortunately, no injuries have been reported, but it's an expensive setback for ...

One of Blue Origin’s rockets blew up late Thursday, bursting into an enormous ball of flames during a test, in a major setback for Jeff Bezos’ space company.