Musk mocks Bezos' rocket blast as SpaceX nears $1.8T
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- Elon Musk said “Rockets are hard” in reaction to Jeff Bezos' rocket explosion.
- Jeff Bezos' rocket exploded, later identified as the New Glenn vehicle.
- Blue Origin regained access to the Florida launchpad where the rocket exploded, its CEO said.
- New Glenn failure worsened an already constrained launch market.
- SpaceX is poised for a $1.8 trillion IPO, according to the headline.
Why it matters: SpaceX's looming $1.8 T IPO offers massive upside for investors, while Blue Origin's New Glenn failure reduces launch capacity and hurts its market share, tightening the scarce launch slots for satellite operators.
