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.

Jeff Bezos, the second richest man in the world, successfully blasted off a 320-foot-tall rocket ship made by his Blue Origin company from Cape Canaveral, Florida, in the early hours of the morning. It made the company the first to successfully reach orbit on its first launch of an orbital-class rocket.

SpaceX's seventh Starship test flight will now launch no earlier than Thursday, Jan. 16, at 5 p.m. EST (2200 GMT).

Hours after Jeff Bezos's Blue Origin nailed its first-ever orbital mission, SpaceX seized back the spotlight on Thursday as its latest test of Starship, its gargantuan next-generation megarocket, ended with the upper stage dramatically disintegrating over the Atlantic.

SpaceX's Starship will fly for the seventh time ever early next week, if all goes according to plan. SpaceX announced today (Jan. 8) that it's targeting Monday (Jan. 13) for Flight 7 of Starship, the 400-foot-tall (122 meters), fully reusable megarocket designed to help humanity settle the moon and Mars.

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By Joey Roulette WASHINGTON (Reuters) -A SpaceX Starship rocket broke up in space minutes after launching from Texas on Thursday, forcing airline flights over the Gulf of Mexico to alter course to avoid falling debris and setting back Elon Musk's flagship rocket program.

Blue Origin's New Glenn finally roared into orbit in the early hours of Thursday, with SpaceX's Starship rocket set to launch hours later.