SpaceX's prolific Falcon 9 rocket grounded after failed mission

SpaceX’s Falcon 9 rocket faced a rare failure during a satellite launch on Thursday night. The incident prompted federal regulators to ground the rocket, which is an integral part of the US and global launch industries. This is the first failure of a Falcon 9 rocket in almost a decade. The Federal Aviation Administration will conduct an investigation into the incident. If the Falcon 9 remains out of commission, it could result in setbacks for various programs and industries relying on the rocket. Further details about the cause of the failure are unknown.