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.

Blue Origin and SpaceX both launched rockets on 16 January, but while Jeff Bezos' company saw a launch success with New Glenn, Elon Musk's Starship exploded. What does this mean for the future of the space industry?

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.

The Amazon founder’s space company marked a major milestone Thursday with the first test flight of its New Glenn rocket.

The uncrewed New Glenn rocket took off at 2:03 a.m. EST from Complex 36 at Cape Canaveral Space Force Station, Blue Origin said.

On Friday, the FAA issued a mishap investigation against SpaceX after the upper stage of the Starship lost communications and then blew up during its seventh test flight on Thursday minutes after its launch from the company’s Starbase facility in Boca Chica, Texas.

Spectators on Saturday watched as Jacklyn, Blue Origin's rocket landing vessel, returned to Port Canaveral just as it left.

Rough seas caused Blue Origin to hold off a planned early Friday launch attempt with is debut of New Glenn now targeting early Sunday instead. SpaceX, though, still has plans to launch later

Shrugging off bad weather, Jeff Bezos' Blue Origin launched its powerful New Glenn rocket on its maiden flight early Thursday, lighting up a cloudy overnight sky as it climbed away from Cape Canaveral in a high-stakes bid to compete with Elon Musk's industry-leading SpaceX.

A new space race is taking place and Jeff Bezos’ Blue Origin just made the latest move as rival Elon Musk’s SpaceX prepares for its own launch.

Jeff Bezos’s Blue Origin launched its New Glenn rocket into orbit early Thursday, in a critical milestone that comes some 25 years after the billionaire founded the company with the goal of reducing the cost of access to space.