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SpaceX has launched the first rocket to the south from Florida since 1969

Jeff Bezos in front of Blue Origin's space capsule

Jeff Bezos in front of Blue Origin’s space capsule

Jeff Bezos’ space tourism project with Blue Origin competes with a similar program in development by Space X, the rocket company founded and run by Tesla CEO Elon Musk, and Virgin Galactic, backed by Richard Branson.

Bezos revealed in April 2017 that he finances Blue Origin with approximately $ 1 billion (£ 720 million) worth of Amazon stock annually.

The system consists of a pressurized crew capsule on top of a reusable ‘New Shepard’ booster missile.

Jeff Bezos is the richest man in the world and Blue Origin has successfully used a single New Shepard Rocket six times.

At its peak, the capsule reached 65 miles (104 kilometers), just above the official space threshold, and landed vertically seven minutes after launch.

Manned missions for astronauts or tourists have yet to be announced.

SpaceX appears to be at the forefront of the billionaire space race with numerous launches using NASA equipment to the ISS and partnerships to send tourists to space by 2021.

On February 6, 2018, SpaceX sent a rocket to Mars orbit 140 million miles away, with Musk’s own red Tesla roadster attached.

Elon Musk with his Dragon Crew capsule

Elon Musk with his Dragon Crew capsule

Elon Musk with his Dragon Crew capsule

NASA has already selected two astronauts who will be aboard the first manned Dragon mission.

SpaceX has also started sending batches of 60 satellites into space to help form its Starlink network.

Musk hopes this will create an interconnected web of satellites around the Earth that will radiate free internet to people around the world.

Richard Branson and Virgin Galactic take a different approach to conquering space.

It has repeatedly and successfully conducted test flights with the Virgin Galactic’s Unity space plane.

The first took place in December 2018 and the last took place on February 22.

The flight accelerated to over 2,000 miles per hour (Mach 2.7).

More than 600 affluent clients to date, including celebrities Brad Pitt and Katy Perry, have reserved a $ 250,000 (£ 200,000) seat on one of Virgin’s space trips,

The billionaire mogul previously said he expects Elon Musk to win the race to Mars with his private rocket company SpaceX.

Richard Branson with the Virgin Galactic vessel

Richard Branson with the Virgin Galactic vessel

Richard Branson with the Virgin Galactic vessel

SpaceShipTwo can carry six passengers and two pilots. Each passenger is assigned the same seating position with two large windows – one on the side and one overhead.

The spaceship is 60 feet long with a cabin that is 90 inches in diameter allowing maximum space for the astronauts to float without gravity.

It climbs to 15,000 feet before the rocket engine fires. SpaceShipTwo separates from its aircraft carrier, White Knight II, once it crosses the 50-mile mark.

Passengers become “astronauts” when they reach the Karman line, the boundary of Earth’s atmosphere.

The spaceship will then make a sub-orbital journey of about six minutes of weightlessness, with the entire flight taking about 1.5 hours.