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Jeff bezos rocket image11/10/2023 ![]() “Jeff started building in 2000, we started building in 2004 & now both are opening up access to Space – how extraordinary! Watch this space … ”Ībsent from Branson’s tweet was any mention of Musk, whose nonconformist Space Exploration Technologies Corporation – better known as SpaceX – has grown from a shaky start in 2002 to become the dominant player in the commercial space sector, and a key partner of the US space agency, Nasa. “Many congratulations to Jeff Bezos & his brother Mark on announcing spaceflight plans,” Branson said in a tweet directed at his rival. On Thursday, the bidding reached $4.2m for the 11-minute round trip. On Saturday, the winner of an auction for a seat to accompany Bezos and his brother Mark on next month’s big space adventure will be announced on the Blue Origin website. But beyond what some might see as vain billionaires using real-life rockets as playthings, the episode underscores how close the lucrative yet still fledgling commercial space industry has come to routinely launching paying passengers into outer space and achieving a goal two decades in the making. CNN Sans ™ & © 2016 Cable News Network.Branson’s team was quick to downplay the possibility, insisting a date for his first spaceflight had yet to be determined. Market holidays and trading hours provided by Copp Clark Limited. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. Your CNN account Log in to your CNN account Separately, Blue Origin won a long-awaited contract for NASA’s moon exploration program - Artemis - in May, landing $3.5 billion to develop a spacecraft capable of carrying astronauts to the surface of the moon. But ULA now expects the first launch of its BE-4-powered Vulcan Centaur rocket to happen this year, sending a NASA-backed spacecraft to the moon. The engines created for New Glenn, called BE-4, are also set to power the new Vulcan rocket under development by United Launch Alliance, a joint venture established by Lockheed Martin and Boeing.īlue Origin struggled to deliver the BE-4 engines, encountering months of delays. It is developing a heavy-lift rocket called New Glenn that is powerful enough to reach Earth’s orbit, with the aim of competing with SpaceX for satellite launch contracts. The vehicle, however, has not returned to flight since an uncrewed science mission in September 2022 ended in failure.īlue Origin has several other high-profile projects in the works. New Shepard has since completed five additional missions with people on board. The company’s first successful crewed spaceflight carried Bezos as one of the passengers in 2021. However, Smith will stay on through January 2 “to ensure a smooth transition,” according to the statement.īlue Origin has worked for more than a decade to develop a suborbital rocket and spacecraft, called New Shepard, that is capable of taking paying customers and scientific experiments to the edge of space. Limp’s first day at Blue Origin will be December 4, according to the company. The company also noted that Smith has led Blue Origin’s transformation from “an R&D-focused company into a multifaceted space business nearing $10 billion in customer orders and over 10,000 employees.” ![]() He has extensive experience in the high-tech industry and growing highly complex organizations” - including Amazon’s satellite business, Project Kuiper. In the statement, Blue Origin said that Limp is “a proven innovator with a customer-first mindset. The current Blue Origin CEO, Bob Smith - a former Honeywell executive who took over the role in 2017 - will step down and make way for Dave Limp, the senior vice president of devices and services at Amazon, a spokesperson for Blue Origin said in a statement Monday. Jeff Bezos’ space tourism and rocket company is replacing its chief executive officer with a longtime Amazon executive.
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