Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Top Stories > Bezos’ Blue Origin suffers rocket failure during uncrewed mission
    Top Stories

    Bezos’ Blue Origin suffers rocket failure during uncrewed mission

    Published by Uma Rajagopal

    Posted on September 13, 2022

    2 min read

    Last updated: February 4, 2026

    This image captures a moment from Blue Origin's New Shepard rocket during its NS-23 mission, which experienced a mid-flight failure. The mission aimed to deliver NASA payloads to the edge of space but had to abort safely. Jeff Bezos' company is now under investigation by the FAA.
    Blue Origin's New Shepard rocket mid-flight during a failed uncrewed mission - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:innovationtechnologyfinancial services

    By Joey Roulette

    WASHINGTON (Reuters) -A rocket from Jeff Bezos’ space company Blue Origin failed mid-flight shortly after liftoff on Monday, aborting its cargo capsule to safety before crashing into the Texas desert, according to the company and a live video stream of the mission.

    Without any humans on board, the rocket lifted off from Blue Origin’s West Texas launch site Monday morning as the company’s 23rd New Shepard mission, aiming to send NASA-funded experiments and other payloads to the edge of space to float for a few minutes in microgravity.

    But just over a minute after liftoff, and roughly 5 miles (8.05 km) above ground, the New Shepard booster’s engines flared unexpectedly during ascent. The capsule’s abort motor system triggered almost immediately, jetting the craft away from the faulty rocket before parachuting back to land intact.

    The booster crashed within a designated hazard area, according to the U.S. Federal Aviation Administration, which oversees and regulates launchsite safety. Blue Origin’s fleet of New Shepard rockets is grounded until the FAA signs off on the outcome of a company-led investigation into the mishap, the agency added.

    “During today’s flight, the capsule escape system successfully separated the capsule from the booster,” Blue Origin tweeted after the mishap. “The booster impacted the ground. There are no reported injuries; all personnel have been accounted for.”

    The mission, called NS-23, was the first New Shepard launch without humans aboard in over a year, and the fourth mission in 2022. The rocket-capsule system has flown 31 people in all under Blue Origin’s suborbital space tourism business, in which paying customers are launched some 62 miles high for a few minutes of microgravity at the edge of space before their capsule returns to land under parachutes.

    Billionaire Bezos, the Amazon.com Inc founder who started Blue Origin in 2000, was among the first passengers to fly New Shepard during its debut crewed mission in 2021.

    The rocket that crashed on Monday had flown eight times before, but it was not immediately clear whether those past missions included humans. Blue Origin flew New Shepard 15 times before its first crewed flight.

    (Reporting by Joey Roulette in WashingtonEditing by Chizu Nomiyama and Matthew Lewis)

    Frequently Asked Questions about Bezos’ Blue Origin suffers rocket failure during uncrewed mission

    1What is a rocket failure?

    A rocket failure occurs when a rocket does not perform as intended, which can include loss of control, engine failure, or other malfunctions during launch or flight.

    2What is an uncrewed mission?

    An uncrewed mission refers to a space mission that does not carry any human passengers, often used for testing or scientific research.

    3What is a capsule escape system?

    A capsule escape system is a safety mechanism designed to separate a spacecraft from its launch vehicle in case of an emergency, ensuring the safety of any crew or cargo.

    More from Top Stories

    Explore more articles in the Top Stories category

    Image for Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Image for Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Image for Marco Robinson – CLOSE THE DEAL AND SUDDENLY GROW RICH
    Marco Robinson – CLOSE THE DEAL AND SUDDENLY GROW RICH
    Image for Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Image for Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Image for Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Image for Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Image for PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    Image for A Notable Update for Employee Health Benefits:
    A Notable Update for Employee Health Benefits:
    Image for Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Image for Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Image for ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    View All Top Stories Posts
    Previous Top Stories PostMost Twitter shareholders vote in favor of sale to Musk-sources
    Next Top Stories PostQueen Elizabeth’s reign featured enchiladas with Reagan, dancing with Ford