Jeff Bezos' launch Tuesday is a small step as it tries to make a giant leap in winning government contracts and competing with Elon Musk’s SpaceX
Jeff Bezos’ plans for space go far beyond the short trip he is slated to take there Tuesday.
The Amazon.com Inc. founder has poured billions into his Blue Origin LLC space venture over more than two decades, believing humanity must ultimately establish outposts across the solar system. More immediately, Mr. Bezos’ company is seeking business in a space market that will triple in size to more than $1 trillion in annual sales by 2040, Morgan Stanley says, assuming rapid technological developments enable routine moon landings, asteroid mining and space tourism.Mr. Bezos and three other people to the edge of space in an 11-minute flight, the first launch with passengers on the company’s New Shepard rocket., which includes Richard Branson’s Virgin Galactic Holdings Inc.
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