SpaceX has carried out the seventh test flight of its Starship mega-rocket from Texas. Although it managed to capture the booster for the second time, communication with the spacecraft was lost eight minutes after liftoff.

A SpaceX Starship rocket disintegrated spectacularly just minutes after liftoff, raising questions about the risks of modern space exploration. The incident caused disruptions in air traffic and highlighted the challenges private space companies face.

While Jeff Bezos has spent $14 billion to achieve his first space launch, his billionaire rival has built a thriving business, mostly with other people’s money.

Dramatic footage showing streaks of light zipping across the sky surfaced online following Elon Musk's Starship explosion over the Atlantic Ocean.

Going forward, SpaceX is likely to offer its gigantic Starship rocket as a competitor to New Glenn, and here, the advantage shifts back to SpaceX. Bigger than New Glenn (120 meters tall versus 98) and with a wider faring to encapsulate cargo (9 meters versus 7), SpaceX's Starship will boast a massive payload advantage over Blue Origin's new rocket.

SpaceX's Starship mega-rocket has stumbled on the ... The mishap happened on the same day the SpaceX rival Blue Origin, owned by Jeff Bezos, successfully launched its New Glenn rocket into orbit.

Jeff Bezos’s Blue Origin joined the billionaire’s space race in earnest when its New Glenn rocket roared from a launch pad at the Kennedy Space Center in the early morning hours of Jan. 16. The second stage with the Blue Ring payload successfully reached orbit. However, an attempt to land the first stage on a drone ship failed.

Blue Origin's founder, Jeff Bezos, was also in the audience at Trump's inauguration ... Artemis III, which will return humans to the moon, is planned for no earlier than 2027. It will be SpaceX's Starship which will be converted into a human lander ...

Some historians told ABC News that their influence and power is unprecedented. President Joe Biden's farewell address included a stark warning about the danger of what he called abuses by the ultra-wealthy, particularly what he called the "tech-industrial ...

SpaceX CEO Elon Musk took to X on Thursday night to explain what his company believes may have caused part of the Starship rocket to experience a "rapid unscheduled disassembly."

The Super Heavy booster, meanwhile, was successfully caught in the launch tower's mechanical arms for only the second time

Flawed rocket launches by SpaceX and Blue Origin still leave both companies in position to dominate the space sector.