Blue Origin Explosion Boosts SpaceX IPO Appeal

A Blue Origin rocket exploded during a test launch, highlighting SpaceX's lead. SpaceX rockets launch 80% of the world's mass into orbit, per its S-1 filing. The U.S. Space Force awarded SpaceX $6.45 billion in contracts. The explosion adds fuel to SpaceX's upcoming IPO, which could value the company at $1.77 trillion.