The Wailing Asteroid by Murray Leinster

From a sufficient height and a sufficient distance, the rocket's repeated attacks must have appeared like the strikings and twistings of a gigantic snake. It left behind it a writhing trail of fumes which was convincingly serpentine. It climbed and struck, and climbed and struck, like a monstrous python flinging itself furiously at some invisible prey. Six, seven, eight times it plunged frenziedly at the minute egg-shaped ship which scuttled for the heavens. Each time it missed and writhed about to dart again.

Then its fuel gave out and for all intents and purposes it ceased to exist. The thick, opaque trail it left behind began to dissipate. The path of vapor scattered. It spread to rags and tatters of unsubstantiality through which the rocket plummeted downward in the long fall which is a spent rocket's ending.