KEY TAKEAWAYS Blue Origin, Amazon founder Jeff Bezos' space company, launched its large rocket for the first time early Thursday.After several postponed launches, the 320-foot-tall New Glenn rocket blasted off from Cape Canaveral Space Force Station in Florida at 2:03 a.

After abruptly calling off its first launch attempt in the early hours of Monday morning, Blue Origin notched a historic success with its first orbital rocket.

If New Glenn can continue to demonstrate its capabilities and (more crucially) its reliability, it has the potential to take some business that SpaceX would otherwise struggle to accommodate.

Shrugging off bad weather, Jeff Bezos' Blue Origin launched its powerful New Glenn rocket on its maiden flight early Thursday, lighting up a cloudy overnight sky as it climbed away from Cape Canaveral in a high-stakes bid to compete with Elon Musk's industry-leading SpaceX.

Blue Origin launched its New Glenn rocket into orbit on Thursday at 1:03 a.m. CST from the Cape Canaveral Space Force Station in Florida.

The billionaire’s rocket is ready for its first launch. It could give satellite operators and the DoD a long-desired option to SpaceX—at a cheaper price, Forbes reveals.

Mr. Bezos recently said he expected Blue Origin would eventually make more money than Amazon. Like SpaceX, the company is envisioning New Glenn not as a rocket just to launch satellites for customers.

Blue Origin officials hope to send their heavy-lift New Glenn rocket on its unmanned maiden voyage into space after 1 a.m. EST, with the mission's goal being to reach orbit before returning to Earth.

Blue Origin launched its massive new rocket, sending up a prototype satellite to orbit thousands of miles above Earth.

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.