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.

Blue Origin, the rocket company Amazon billionaire Jeff Bezos founded, notched one of the most substantial successes in its history on Thursday: sending a rocket to orbit.

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, the private space company owned by Amazon founder Jeff Bezos, has pulled a major test of its rocket.

It took a while, but investors and space enthusiasts are finally getting the drama they have been looking for: David versus Goliath, but in space. SpaceX, owned by Tesla CEO Elon Musk, is set to test its huge Starship launch vehicle on Thursday afternoon.