An electronic device and method are disclosed. The electronic device includes a main body housing, a pop-up module extendable and retractable from the main body housing, and a processor. The processor implements the method, including identifying, by at least one processor, a state where a pop-up module of the electronic device is extended to an external environment of the electronic device, based on receiving a first control signal, maintaining extension of the pop-up, based on receiving a second control signal, retracting the pop-up module into the electronic device, and based on receiving a third control signal indicating that the electronic device is in free fall, retracting the pop-up module into the electronic device.