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.

SpaceX's seventh Starship test flight will now launch no earlier than Thursday, Jan. 16, at 5 p.m. EST (2200 GMT).

The latest test of Space X's giant Starship rocket has failed, minutes after launch. Officials at Elon Musk's company said the upper stage was lost after problems developed after lift-off from Texas on Thursday. But the Super Heavy booster managed to return to its launchpad as planned, prompting an eruption of applause from ground control teams.

Despite the failure, Elon Musk appeared to see the bright side, posting: "Success is uncertain, but entertainment is guaranteed!"

The world’s biggest rocket just got a bit bigger, and its upcoming launch is meant to support its next-generation Starlink satellites.

Blue Origin scored a major win with its New Glenn rocket launch, but SpaceX still leads the space industry with a Falcon fleet and upcoming Starship.

The Starship system is designed to be fully reusable and aims to become a new method of flying cargo and people beyond Earth. The rocket is also critical to NASA's plan to return astronauts to the moon. SpaceX won a multibillion-dollar contract from the agency to use Starship as a crewed lunar lander as part of NASA's Artemis moon program..

Biden's farewell speech warning that oligarchs pose a threat to democracy has echoed a growing problem in the world, economic and historical experts say.

Footage of the incident, captured by a family vacationing in the Turks and Caicos, showed the wreckage leaving behind what one of the onlookers called a “rainbow” of debris.

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."

SpaceX CEO Musk has described the explosion of the company's Starship spacecraft during its seventh flight test Thursday as "barely a bump in the road," underlining the momentum behind the commercial space giant.