Alex McColgan

It has a more standard thruster that carries an observation pod up into the sky, which then detaches.

It also goes higher than Spaceship Two, crossing the Kármán line to a height of around 107km.

It also travels much faster.

The whole trip, from takeoff to landing, will only last about 11 minutes.

unlike Virgin Galactic's 2 hours, although it will no doubt carry a similar price tag for tickets.

And Bezos is already looking ahead.

Although 107km is over the Kármán line, it is still far from true orbit.

Blue Origin's future goal is to get their next rocket, named New Glenn, after another astronaut, into orbit.

And as for the project after that, well, the name is New Armstrong.

it is clear that Blue Origin intends to make its way to the moon.

This is in line with Bezos' stated objectives, to pave the way for industry to more accessibly get into space.

Although he doesn't expect to see it in his lifetime, Bezos has said that he expects much of the Earth's heavy industry to one day be done in space.

Our last billionaire, however, has his eyes on an even further goal.

Elon Musk's company, SpaceX, is a little different from the other two.

While Virgin Galactic and Blue Origin focus on space tourism, SpaceX has been more focused on commercial ventures.

Since its founding in 2002, SpaceX has grown to dominate the market, taking half of the contracts to launch satellites into space.

Part of its success in this area is due to the fact that its rocket, the Falcon 9, is reusable.

This reusability drastically reduces the cost of launches, making launching satellites and other cargo much cheaper.

The Falcon 9 is much larger than New Shepard or Spaceship Two.

While the latter two are roughly comparable, at 18m in length each, Falcon 9 is 70m.