SpaceX Explosion Seen as Possible Slowdown for NASA Award

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NASA may delay awarding the next round of space-cargo delivery contracts pending an investigation into what caused a SpaceX rocket to explode after takeoff, the second failure in the U.S. program in less than a year.

With two postponements after an accident involving an Orbital ATK Inc. booster in October, a third is now possible following the loss of the SpaceX Falcon 9 on Sunday, according to Bloomberg Intelligence analyst Nick Taborek. NASA’s current schedule envisions a decision in September.