Brazilian startup Innospace's rocket crashed minutes after liftoff on Dec. 23, 2025, during its first commercial launch.

A Brazilian space startup, Innospace, experienced a launch failure during its first commercial mission from the country's newly developed spaceport. The rocket crashed shortly after liftoff, marking a setback for Brazil's emerging private space industry. The company's stock dropped sharply following the incident, which occurred on December 23, 2025. Officials confirmed the launch vehicle failed during ascent, but no injuries or damage on the ground were reported.