The successful flight to orbit of the Amazon founder’s powerful rocket suggests it could grow into a credible competitor with Elon Musk’s SpaceX.

Bezos’ space company Blue Origin started at about the same time as Musk’s SpaceX but since then Musk’s firm has launched more than 400 of its Falcon 9 rockets into orbit and is testing out its giant Starship rocket which it hopes will send astronauts to the Moon and one day possibly on to Mars.

If New Glenn can continue to demonstrate its capabilities and (more crucially) its reliability, it has the potential to take some business that SpaceX would otherwise struggle to accommodate.

Granted, Blue Origin poses an even bigger threat to Lockheed Martin (NYSE: LMT) and Boeing (NYSE: BA) and their United Launch Alliance (ULA) joint venture, which charges $110 million for Vulcan rocket launches. Airbus ' (OTC: EADSY) Arianespace charges $77 million for an Ariane 62 launch, and is probably worried, too.

message posted on X. New Glenn is named after John Glenn, the first American to orbit Earth. According to Blue Origin, the rocket is “engineered with the safety and redundancy required to fly ...

Amazon founder Jeff Bezos' space dreams are taking flight on a new level. On Thursday, Bezos' Blue Origin company launched its big rocket, called New Glenn. It lifted off at 2:30 a.m. ET from Launch Complex 36 at the Cape Canaveral Space Force Station in Florida,

The 320-foot New Glenn rocket was initially scheduled to launch early Monday with a prototype satellite aboard.

Years in the making with heavy funding by Amazon founder Jeff Bezos ... Alan Shepard. New Glenn, which honors John Glenn, is five times taller. Blue Origin poured more than $1 billion into ...

The reusable spacecraft had been due to take off from Florida but the launch was halted as anomalies were detected after the countdown began

The mission, the culmination of a decade-long, multi-billion-dollar development journey, will include an attempt to land New Glenn’s first stage booster on a sea-fairing barge in the Atlantic Ocean 10 minutes after lift-off, while the rocket’s second stage continues toward orbit.

New Glenn safely reached its intended ... and deliver Project Kuiper on time in 2026. And Amazon has Blue Origin to thank for it. John Mackey, former CEO of Whole Foods Market, an Amazon ...

New Glenn safely reached its intended ... and there may not be another chance like this anytime soon. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The ...