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.

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.

The New Glenn rocket blasted off from Cape Canaveral, Florida, on a test flight that will take it high above Earth before returning to the planet's atmosphere for a landing

Tesla CEO and Amazon founder vie for dominance of satellite launch market and could influence Nasa plans to return to Moon

Jeff Bezos' spaceflight company Blue Origin on Thursday launched its new mega-rocket, called New Glenn, into orbit for the first time. The rocket lifted

Founded 25 years ago by Bezos, Blue Origin has been launching paying passengers to the edge of space since 2021, including himself. The short hops from Texas use smaller rockets named after the first American in space, Alan Shepard. New Glenn, which honors John Glenn, is five times taller.

The New Glenn rocket was due to take off from Cape Canaveral in Florida for the first time in the early hours of Monday morning but the launch was cancelled after several delays

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.