KEY POINTS
  • Following a scrub a day earlier, rocket builder Astra Space on Saturday launched its LV0006 rocket from Kodiak, Alaska.
  • The launch was the company's first since Astra went public.
  • One second into the flight, Astra execs told CNBC, an engine shut down.

Rocket builder Astra Space on Saturday launched its first rocket since the company went public. After a wobbly liftoff, the rocket failed to achieve its goal of reaching orbit. 

At liftoff, the rocket appeared to move sideways rather than straight up. Astra founder, chairman and CEO Chris Kemp told CNBC that about a second into the flight, one engine shut down. The company is currently investigating the reason.