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| Market | Platform | Price |
|---|---|---|
![]() | Poly | 18% |
Trader mode: Actionable analysis for identifying opportunities and edge
This market will resolve to "Yes" if New Glenn Flight 3 (NG-3) successfully launches from its launch pad by the specified date, 11:59PM ET. The outcome of any launch will be corroborated by examining official video provided by Blue Origin (https://www.youtube.com/@blueorigin/streams), as well as secondary video feeds and/or written reports if necessary. Any subsequent anomaly (e.g., an explosion) after the launch will have no bearing on the outcome. Any name change of New Glenn with another ve
Prediction markets currently assign an 18% probability that Blue Origin's New Glenn Flight 3 will launch by January 31, 2026. This low price, trading at 18¢ on Polymarket, indicates the market views an on-time launch within this timeframe as highly improbable. With only $13,000 in volume, this is a thin, speculative market reflecting significant skepticism rather than a high-conviction consensus.
The primary factor is Blue Origin's extensive history of delays with the New Glenn program. Originally targeting a maiden flight in 2020, the heavy-lift rocket has faced repeated postponements. The market is pricing in a high likelihood of further schedule slips, especially for a third flight. Second, the market is likely accounting for the critical path of Flight 2. New Glenn's inaugural launch must first be successfully completed and analyzed, a process that typically uncovers issues requiring months of corrective action before a subsequent vehicle is cleared. Third, the thin liquidity itself suggests a lack of confident bullish catalysts. Without recent, concrete progress reports from Blue Origin to counter the established delay narrative, traders see no reason to bid up the probability.
The single largest catalyst is the outcome and timing of New Glenn's Flight 1 and Flight 2. A flawless debut for the rocket, followed by a rapid turnaround and successful second flight before the end of 2025, would cause this probability to surge. Conversely, any anomaly or multi-month delay in those earlier missions would likely push the price toward 0%. Official updates from Blue Origin regarding hardware sightings for Flight 3, such as stage fabrication completion or arrival at the launch site, would provide tangible evidence for a faster cadence. Watch for such announcements, particularly after Flight 1, as the primary signals for a major odds reassessment.
AI-generated analysis based on market data. Not financial advice.
$13.41K
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This prediction market topic concerns the launch timeline of Blue Origin's New Glenn Flight 3 (NG-3), a critical mission for the company's heavy-lift orbital rocket. The market resolves to 'Yes' if NG-3 successfully lifts off from its launch pad by a specified cutoff date and time, with verification relying primarily on official Blue Origin video streams. The outcome is determined solely by a successful launch event, meaning any subsequent in-flight anomalies or mission failures after clearing the pad do not affect the resolution. This focus on the launch event itself, rather than mission success, creates a distinct market centered on Blue Origin's operational readiness and schedule execution for its flagship rocket. Interest in this market stems from New Glenn's long development history, its role in national security space launches, and intense competition in the commercial heavy-lift sector dominated by SpaceX's Falcon Heavy and Falcon 9. Recent years have seen multiple delays for New Glenn's debut, making each scheduled flight a significant milestone watched by industry analysts, government agencies, and space enthusiasts. The outcome provides a measurable indicator of Blue Origin's progress toward becoming a reliable orbital launch provider.
The New Glenn program was publicly announced by Blue Origin founder Jeff Bezos in September 2016, with an initial target for first launch in 2020. Named after astronaut John Glenn, the rocket was designed from the outset as a heavy-lift, partially reusable vehicle with a 7-meter payload fairing and reusable first stage, aiming to compete directly with SpaceX's Falcon Heavy. Its development has been characterized by ambitious goals and significant delays. A key historical precedent is the development of the company's suborbital New Shepard vehicle, which first flew in 2015 and achieved routine operations, providing valuable experience with rocket reuse but on a much smaller scale. The BE-4 engine, which powers New Glenn's first stage, also experienced a protracted development cycle, with its first full-scale test firing achieved in 2017 but final qualification stretching for years. This engine is also used on United Launch Alliance's Vulcan Centaur rocket, which launched first in January 2024, providing some validation of the propulsion system. New Glenn's path mirrors a common pattern in aerospace where new large launch vehicles often face multi-year delays, as seen with SpaceX's Falcon Heavy (which debuted in 2018, years later than initially planned) and ULA's Vulcan.
The successful launch of New Glenn Flight 3 matters because it represents a pivotal step in establishing a second reliable, heavy-lift domestic launch provider for the United States. For national security, it reduces reliance on a single company (SpaceX) for critical military and intelligence satellite deployments, enhancing strategic resilience. The U.S. Space Force has invested in this diversification through its NSSL contracts, making New Glenn's operational status a matter of national infrastructure. Economically, a functioning New Glenn unlocks billions in contracted launch revenue for Blue Origin and enables large-scale projects like Amazon's Kuiper constellation, which promises global broadband competition. Its success or failure influences investor confidence in the broader commercial space sector beyond SpaceX, affecting capital flow for new ventures. Furthermore, the rocket's design, with its massive reusable first stage, advances the technological frontier for sustainable space access, potentially lowering costs for large payloads over the long term if high flight rates are achieved.
As of late 2024, Blue Origin is preparing for the inaugural launch of New Glenn (Flight 1), which must occur before Flight 3. The company has been conducting extensive ground testing, including wet dress rehearsals, at Launch Complex 36. The BE-4 engines have been qualified following their use on the successful Vulcan Centaur certification flights. The specific payload and launch date for Flight 3 have not been publicly announced, and its schedule is inherently dependent on the outcomes and data gathered from the first two New Glenn missions. The market for Flight 3 will track the company's ability to recover, refurbish, and relaunch a first stage booster and maintain its projected timeline following its initial flights.
New Shepard is Blue Origin's suborbital rocket system designed for brief space tourism and research flights, reaching the edge of space. New Glenn is a much larger, orbital-class heavy-lift rocket designed to deliver satellites and other payloads into Earth orbit and beyond, featuring a reusable first stage.
New Glenn's primary launch site is Launch Complex 36 (LC-36) at the Cape Canaveral Space Force Station in Florida. Blue Origin has extensively rebuilt this historic pad to support the new rocket's operations.
Both are heavy-lift, partially reusable rockets. Falcon Heavy is currently operational and has a slightly higher expendable payload capacity. New Glenn features a larger payload fairing and is designed from the ground up for reusability, but it has yet to make its debut flight.
The payload for New Glenn Flight 3 (NG-3) has not been officially announced by Blue Origin. It will likely be a commercial or government demonstration mission, following the initial test flight and a second demonstration mission.
Yes, the New Glenn first stage is designed to be reusable. It will land on a sea-based drone ship, similar to SpaceX's Falcon 9, and is intended to be flown many times. The second stage is expendable.
Educational content is AI-generated and sourced from Wikipedia. It should not be considered financial advice.
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