Blue Origin’s New Glenn rocket suffered a malfunction during its third flight, placing its payload in a lower orbit than planned. The anomaly deals a blow to the company, which was aiming to increase the launch cadence of its heavy-lift launch vehicle.

The New Glenn 3 rocket was intended to place a satellite into Earth's orbit, but instead deployed it at an altitude too low to function properly.

Blue Origin released details about a new stock option plan in an internal communication on Tuesday. Ars was able to review the materials and connect with some employees to gather their thoughts. Some of the early reviews are not positive,

Amazon paid about $1.8 billion last year to Blue Origin, the aerospace company owned by its founder and board chair Jeff Bezos — nearly triple the amount the year before — as shareholders weigh a proposal citing his business interests outside Amazon as potential conflicts of interest.