New Glenn, which has been in development for about a decade, can carry 50 tons (45 metric tons) of payload to low Earth orbit (LEO). Its 23-foot-wide (7 m) payload fairing — the shell that surrounds and protects satellites during launch — is larger than that of any operational rocket.

Jeff Bezos’ space company Blue Origin told its employees Thursday it would lay off about 10% of its workforce.

Jeff Bezos’ space company Blue Origin LLC is cutting about 10% of its workforce, a significant pullback aimed at slashing costs and refocusing resources