Amazon CEO's Spaceship Destroyed

    YONKERS, NY - MAY 11:  Amazon Founder and CEO Jeff Bezos speaks during a question and answer session at Consumer Reports offices May 11, 2011 in Yonkers, New York. Bezos sat for a public interview with Consumer Reports editors and members of the public and was scheduled to take a lab tour.  (Photo by Mario Tama/Getty Images)

    Mario Tama / Getty Images

    In a setback for private spaceflight, an unmanned spaceship funded by Amazon CEO Jeff Bezos went out of control and was destroyed during a test flight. The ship, developed by Blue Origin LLC, was in suborbital flight when it suffered a flight instability, according to a note signed by Bezos. The thrusters automatically shut off, leading to the ship's destruction. Blue Origin has been secretive about their plans for the vessel, but the company has said it aimed to launch manned flights as early as 2012. Blue Origin has received $25 million from NASA in an attempt to help private companies take over human spaceflight after the retiring of the shuttle program this July.

    Read it at The Wall Street Journal