10:17 AM EDT, 05/29/2026 (MT Newswires) -- AST SpaceMobile ( ASTS ) and other space-related firms saw their stock prices drop in Friday trading after Blue Origin's New Glenn rocket exploded on Thursday night during a hot-fire test at a Space Force facility in Cape Canaveral, Florida.

AST shares fell 18%, while Rocket Lab ( RKLB ) stock was down 5.5%. Intuitive Machines ( LUNR ) , Redwire ( RDW ) , and Planet Labs (PL) also saw their stock fall by 13%, 12%, and 10%, respectively.

Blue Origin, backed by Amazon's ( AMZN ) Jeff Bezos, is one of the few companies aiming to compete with Elon Musk's SpaceX.

Price: 108.57, Change: -24.52, Percent Change: -18.42