Blue Origin auctions a rocket trip to space with Bezos – Reuters

Amazon and Blue Origin founder Jeff Bezos attends to the media about the New Shepard rocket booster and Crew Capsule mockup at the 33rd Space Symposium in Colorado Springs, Colorado, United States April 5, 2017. Youll need to be fast – and youll most likely need more than $4 million.Blue Origin is planning a live auction on Saturday to conclude the month-long bidding procedure for a seat on the sightseeing trip to area next month with the businesss founder, billionaire Inc (AMZN.O) executive Bezos.The identity of the winner – presumably an ultra-wealthy space enthusiast – will not be right away disclosed.But the July 20 launch of Blue Origins New Shepard booster from West Texas would be a landmark moment as U.S. firms strive towards a new age of personal commercial area travel.Bezos, the worlds most affluent male and a lifelong space lover, has actually been racing against fellow striving billionaire aeronauts Richard Branson and Elon Musk to be the first of the 3 to travel beyond Earths atmosphere.”Putting the worlds wealthiest male and one of the most acknowledged figures in service into space is an enormous ad for space as a domain for industrialization, financial investment and exploration,” Morgan Stanley expert Adam Jonas told clients earlier this month.As the month-long bidding procedure leading up to the live auction closed on Thursday, the winning figure stood at more than $4 million, sustained by entries from more than 6,000 individuals from at least 143 nations, Blue Origin said.The live auction capping the process is set to start on Saturday at 1 p.m. EDT (1700 GMT) and last a few minutes.While the funds raised from the event are earmarked for charity, Blue Origin is hoping to galvanize enthusiasm for its nascent suborbital tourism business.However, Branson, who established Virgin Galactic Holdings Inc (SPCE.N), might try to steal Bezos thunder by joining a possible test flight to the edge of area over the July 4 weekend aboard Virgins VSS Unity spaceplane, one individual familiar with the matter said.The race is sustained by optimism that area travel will end up being mainstream as nascent innovation is shown and costs fall, fueling what UBS estimates could be a $3 billion yearly tourist market by 2030.

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