While Jeff Bezos has spent $14 billion to achieve his first space launch, his billionaire rival has built a thriving business, mostly with other people’s money.

Watch as Amazon boss Jeff Bezos's Blue Origin attempted to launch its New Glenn rocket for the first time from Cape Canaveral, Florida, on Monday, 13 January. It was to be the long-delayed debut launch of Mr Bezos's challenge to SpaceX's dominance in the satellite launch market.

Jeff Bezos, the second richest man in the world, successfully blasted off a 320-foot-tall rocket ship made by his Blue Origin company from Cape Canaveral, Florida, in the early hours of the morning. It made the company the first to successfully reach orbit on its first launch of an orbital-class rocket.

The scheduled Sunday launch could mark a new phase in competition in the commercial space market, and pave the way for the deployment of Amazon's Kuiper satellite network.

The billionaire space race entered a new phase today when Jeff Bezos’ Blue Origin successfully launched its 320-foot-tall New Glenn rocket from Cape Canaveral in Florida.

Blue Origin's New Glenn finally roared into orbit in the early hours of Thursday, with SpaceX's Starship rocket set to launch hours later.

Amazon’s satellite broadband initiative, Project Kuiper, shows huge potential. Find out why AMZN stock could thrive with a projected $57B NPV by 2025.

Hours after Jeff Bezos's Blue Origin nailed its first-ever orbital mission, SpaceX seized back the spotlight on Thursday as its latest test of Starship, its gargantuan next-generation mega rocket, ended with the upper stage dramatically disintegrating over the Atlantic.

A slate of major business titans are in the nation's capital and preparing to see Donald Trump get sworn in as the 47th President of the United States on Monday.

Blue Origin is going slower than SpaceX, but it also nailed a massive rocket launch on the first try. Jeff Bezos is back in the space race.

Despite the failure, Elon Musk appeared to see the bright side, posting: "Success is uncertain, but entertainment is guaranteed!"