NZ Herald
  • Home
  • Latest news
  • Herald NOW
  • Video
  • New Zealand
  • Sport
  • World
  • Business
  • Entertainment
  • Podcasts
  • Quizzes
  • Opinion
  • Lifestyle
  • Travel
  • Viva
  • Weather

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • New Zealand
    • All New Zealand
    • Crime
    • Politics
    • Education
    • Open Justice
    • Scam Update
  • Herald NOW
  • On The Up
  • World
    • All World
    • Australia
    • Asia
    • UK
    • United States
    • Middle East
    • Europe
    • Pacific
  • Business
    • All Business
    • MarketsSharesCurrencyCommoditiesStock TakesCrypto
    • Markets with Madison
    • Media Insider
    • Business analysis
    • Personal financeKiwiSaverInterest ratesTaxInvestment
    • EconomyInflationGDPOfficial cash rateEmployment
    • Small business
    • Business reportsMood of the BoardroomProject AucklandSustainable business and financeCapital markets reportAgribusiness reportInfrastructure reportDynamic business
    • Deloitte Top 200 Awards
    • CompaniesAged CareAgribusinessAirlinesBanking and financeConstructionEnergyFreight and logisticsHealthcareManufacturingMedia and MarketingRetailTelecommunicationsTourism
  • Opinion
    • All Opinion
    • Analysis
    • Editorials
    • Business analysis
    • Premium opinion
    • Letters to the editor
  • Politics
  • Sport
    • All Sport
    • OlympicsParalympics
    • RugbySuper RugbyNPCAll BlacksBlack FernsRugby sevensSchool rugby
    • CricketBlack CapsWhite Ferns
    • Racing
    • NetballSilver Ferns
    • LeagueWarriorsNRL
    • FootballWellington PhoenixAuckland FCAll WhitesFootball FernsEnglish Premier League
    • GolfNZ Open
    • MotorsportFormula 1
    • Boxing
    • UFC
    • BasketballNBABreakersTall BlacksTall Ferns
    • Tennis
    • Cycling
    • Athletics
    • SailingAmerica's CupSailGP
    • Rowing
  • Lifestyle
    • All Lifestyle
    • Viva - Food, fashion & beauty
    • Society Insider
    • Royals
    • Sex & relationships
    • Food & drinkRecipesRecipe collectionsRestaurant reviewsRestaurant bookings
    • Health & wellbeing
    • Fashion & beauty
    • Pets & animals
    • The Selection - Shop the trendsShop fashionShop beautyShop entertainmentShop giftsShop home & living
    • Milford's Investing Place
  • Entertainment
    • All Entertainment
    • TV
    • MoviesMovie reviews
    • MusicMusic reviews
    • BooksBook reviews
    • Culture
    • ReviewsBook reviewsMovie reviewsMusic reviewsRestaurant reviews
  • Travel
    • All Travel
    • News
    • New ZealandNorthlandAucklandWellingtonCanterburyOtago / QueenstownNelson-TasmanBest NZ beaches
    • International travelAustraliaPacific IslandsEuropeUKUSAAfricaAsia
    • Rail holidays
    • Cruise holidays
    • Ski holidays
    • Luxury travel
    • Adventure travel
  • Kāhu Māori news
  • Environment
    • All Environment
    • Our Green Future
  • Talanoa Pacific news
  • Property
    • All Property
    • Property Insider
    • Interest rates tracker
    • Residential property listings
    • Commercial property listings
  • Health
  • Technology
    • All Technology
    • AI
    • Social media
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology
    • Opinion
    • Audio & podcasts
  • Weather forecasts
    • All Weather forecasts
    • Kaitaia
    • Whangārei
    • Dargaville
    • Auckland
    • Thames
    • Tauranga
    • Hamilton
    • Whakatāne
    • Rotorua
    • Tokoroa
    • Te Kuiti
    • Taumaranui
    • Taupō
    • Gisborne
    • New Plymouth
    • Napier
    • Hastings
    • Dannevirke
    • Whanganui
    • Palmerston North
    • Levin
    • Paraparaumu
    • Masterton
    • Wellington
    • Motueka
    • Nelson
    • Blenheim
    • Westport
    • Reefton
    • Kaikōura
    • Greymouth
    • Hokitika
    • Christchurch
    • Ashburton
    • Timaru
    • Wānaka
    • Oamaru
    • Queenstown
    • Dunedin
    • Gore
    • Invercargill
  • Meet the journalists
  • Promotions & competitions
  • OneRoof property listings
  • Driven car news

Puzzles & Quizzes

  • Puzzles
    • All Puzzles
    • Sudoku
    • Code Cracker
    • Crosswords
    • Cryptic crossword
    • Wordsearch
  • Quizzes
    • All Quizzes
    • Morning quiz
    • Afternoon quiz
    • Sports quiz

Regions

  • Northland
    • All Northland
    • Far North
    • Kaitaia
    • Kerikeri
    • Kaikohe
    • Bay of Islands
    • Whangarei
    • Dargaville
    • Kaipara
    • Mangawhai
  • Auckland
  • Waikato
    • All Waikato
    • Hamilton
    • Coromandel & Hauraki
    • Matamata & Piako
    • Cambridge
    • Te Awamutu
    • Tokoroa & South Waikato
    • Taupō & Tūrangi
  • Bay of Plenty
    • All Bay of Plenty
    • Katikati
    • Tauranga
    • Mount Maunganui
    • Pāpāmoa
    • Te Puke
    • Whakatāne
  • Rotorua
  • Hawke's Bay
    • All Hawke's Bay
    • Napier
    • Hastings
    • Havelock North
    • Central Hawke's Bay
    • Wairoa
  • Taranaki
    • All Taranaki
    • Stratford
    • New Plymouth
    • Hāwera
  • Manawatū - Whanganui
    • All Manawatū - Whanganui
    • Whanganui
    • Palmerston North
    • Manawatū
    • Tararua
    • Horowhenua
  • Wellington
    • All Wellington
    • Kapiti
    • Wairarapa
    • Upper Hutt
    • Lower Hutt
  • Nelson & Tasman
    • All Nelson & Tasman
    • Motueka
    • Nelson
    • Tasman
  • Marlborough
  • West Coast
  • Canterbury
    • All Canterbury
    • Kaikōura
    • Christchurch
    • Ashburton
    • Timaru
  • Otago
    • All Otago
    • Oamaru
    • Dunedin
    • Balclutha
    • Alexandra
    • Queenstown
    • Wanaka
  • Southland
    • All Southland
    • Invercargill
    • Gore
    • Stewart Island
  • Gisborne

Media

  • Video
    • All Video
    • NZ news video
    • Herald NOW
    • Business news video
    • Politics news video
    • Sport video
    • World news video
    • Lifestyle video
    • Entertainment video
    • Travel video
    • Markets with Madison
    • Kea Kids news
  • Podcasts
    • All Podcasts
    • The Front Page
    • On the Tiles
    • Ask me Anything
    • The Little Things
  • Cartoons
  • Photo galleries
  • Today's Paper - E-editions
  • Photo sales
  • Classifieds

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In
Advertisement
Advertise with NZME.
Home / Business

Jeff Bezos battles Richard Branson and Elon Musk as race for space heats up

By James Cook, Matthew Field and Guy Kelly
Daily Telegraph UK·
11 Jun, 2021 05:00 PM10 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  Sign in here

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save

    Share this article

Jeff Bezos plans to travel into space next month using a reusable rocket developed by his company Blue Origin. Photo / Getty Images

Jeff Bezos plans to travel into space next month using a reusable rocket developed by his company Blue Origin. Photo / Getty Images

The excitement on Jeff Bezos' face was obvious. "I want to go on this flight because it's a thing I've wanted to do all my life," he said in a video posted on Instagram this week. "It's a big deal for me."

The world's richest man, who has amassed a fortune of US$186 billion ($259b), this week revealed he would travel into space next month using a reusable rocket developed by his company Blue Origin.

His enthusiasm comes as little surprise; Bezos says he has dreamed of going into space since the age of 5. But sweeter still than achieving a childhood dream? Beating his billionaire peers in their race to space.

The main challenger to Bezos' potential crown is Elon Musk, whose company SpaceX is hoping to put astronauts on the moon by 2024, and Mars soon after. Sir Richard Branson has also been targeting a personal space flight as soon as next month, with rumours circulating on social media that he was seeking to take a Virgin Galactic trip on the weekend of July 4 — 16 days earlier than the Amazon founder's intended launch date.

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

Bezos, 57, is a self-confessed space fanatic, who once appeared in the film Star Trek Beyond in a cameo dressed as an alien, and set up Blue Origin, into which he funnels $1.3b from Amazon shares each year.

View this post on Instagram

A post shared by Jeff Bezos (@jeffbezos)

"You see it with a lot of the tech guys," says Ashlee Vance, author of Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future. "They're of the generation of people who grew up on Star Trek and Star Wars and loads of sci-fi novels.

"Through a twist of good fortune, they've ended up as the wealthiest humans on the planet and actually have the resources to make their childhood dreams come true. It's an expected outcome when engineers with a geeky bent have risen to the top of society."

No wonder then that Bezos will celebrate stepping down from his chief executive role at Amazon next month by flying to space a fortnight later, on the anniversary of the Apollo moon landings.

Advertisement
Advertise with NZME.

For he, Musk and Branson, galactic travel is a battle of egos and wealth. According to Tim Fernholz, author of Rocket Billionaires, both Silicon Valley founders "share the fundamental view that going to space is vital for humanity. But their end goals differ substantially."

Sir Richard Branson.
Sir Richard Branson.

Bezos, he says, sees much of human industry moving into space while preserving Earth, such as with space mining. Musk, on the other hand, is dedicated to expansion into the stars as a fail-safe. In his own words, mankind risks "a giant war, a super volcano, or comet ... we might just self-extinguish. And right now, civilisation is not looking strong."

The rival companies have found themselves increasingly at loggerheads. In April, the US Government awarded a US$2.9b contract for its moon lander project to SpaceX, despite furious protests from Blue Origin. It has already launched more than 120 rockets to Blue Origin's 15, and is now Nasa's preferred launcher.

The space market is expected to be worth about US$1 trillion by 2040 — while most of this is in industry, launches and satellites, space tourism is also taking off: 43 per cent of Brits say they would take an orbital flight (if safe return was guaranteed), according to YouGov survey.

Discover more

Business

Wealthiest US billionaires paid little to no tax, report says

08 Jun 08:27 PM
Business

Amazon's Jeff Bezos will blast into space in July on rocket's first crew flight

07 Jun 08:03 PM
Retail

The meaty sticking point that stalled Amazon's supermarket shopping spree

30 May 05:00 AM

Bezos, who will make the trip with his brother Mark, is also auctioning off the third seat in the spacecraft — for which bidding has topped US$4.4 million. Following the flight, tickets will be on public sale — although prices have yet to be revealed.

It is not the only mission looking to attract the public: Japanese billionaire Yusaku Maezawa has bought eight extra seats aboard Musk's flight for his own mission, entitled dearMoon; SpaceX also has a US$76m contract to fly tourists to the International Space Station in 2022, while US billionaire Jared Isaacman is donating three seats on board a SpaceX flight to civilians.

Later this year, 49-year-old Musk's company plans to take four civilians into orbit on board its Dragon Crew spaceship, which will allow the "first-ever crew of people who aren't professional astronauts to orbit the Earth for three days".

Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc. Photo / Getty Images
Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc. Photo / Getty Images

The Bezos brothers' 11-minute flight will take them above the 100-kilometre Karman line (which marks the recognised boundary between Earth's atmosphere and space) and see them attain weightlessness for two minutes, before their capsule drops back down to Earth. It is sure to be life-changing — for them, and the rivals intensifying their own efforts as a result.

Sir Richard, worth an estimated US$5 billion, plans to fly on a Virgin Galactic flight to suborbital space during the second half of this year, if not before. The 70-year-old's company was founded in 2004, after Blue Origin and SpaceX, and is developing a spacecraft capable of sending clients on suborbital flights. A specialised carrier plane, WhiteKnightTwo, will help take its SpaceShipTwo to the edge of space, where passengers will enjoy views of Earth during "true, unencumbered weightlessness".

It completed its third test flight to the edge of space last month, and plans to send tourists into space next year; some 600 people have booked a seat, each costing US$280,000 to US$350,000.

Advertisement
Advertise with NZME.

Musk, whose net worth comes in at US$210 billion, is gearing up to go far bigger, working on orbital flights that would cost millions of dollars and send people much further into space. "I've said I want to die on Mars, just not on impact," he said in 2013; in May, SpaceX successfully tested a landing of its heavyweight 49m Starship rocket, which he believes could reach the red planet by 2026. (Nasa points to a more conservative 2033 timeline.)

So, who will be victorious in the race for space victory?

"It would seem that Elon Musk is ahead at the moment," says Shagun Sachdeva, a space consultant at Kosmic Apple, which works with space start-ups. "However, Blue Origin can in no way be discounted as they have a very different and longer-term strategy. This space race is far from over."

But with Bezos plotting to reach the Karman line next month, Musk and Branson have been left with their feet on planet Earth — at least, for now.

Quieter brother comes out of the shadows

Mark Bezos, younger brother of Jeff Bezos. Photo / AP
Mark Bezos, younger brother of Jeff Bezos. Photo / AP

If you are the younger brother of Jeff Bezos — the richest human being in modern history; so loaded he could give everybody on the planet a tenner and still be a multi-billionaire; a man who has changed the way the planet shops forever; an entrepreneur with his fingers in more pies than [UK ready meals boss] Charlie Bigham yet who is, to all intents and purposes, just a Bond villain in a gilet — you could only go in one of three directions in life.

First, you could join him. A bloke like our Jeffrey, who earns US$3537 ($4918) every second, is probably hiring, so he could at least give you a job as his chief impact officer, or something. You'd never need to work again, and Jeff would have someone in the boardroom who really gets him, like how Kim Jong-un likes to keep his siblings in-house: it's easier to keep an eye on them there.

Advertisement
Advertise with NZME.

Second, you could try to take him down, or build a rival company called, I don't know, "Nile". This is a very bad idea, because of the whole Bond villain thing. And thirdly, you could just be low-key, unencumbered by the same level of ambition, and let Jeff take the limelight. The Mike McGear to his Paul McCartney. The Mycroft to his Sherlock. The Edward to his Andrew.

For most of his adult life, Mark Bezos has opted for the third path. Without offending his older sibling, he neither gets in the way of Jeff's business, nor seems jealous, nor seeks to join it. They are on different orbits ...

Or they were. Now, Jeff has coerced Mark, 53, into joining him on the first crewed flight of the New Shepard, the rocket ship made by his space company, Blue Origin. The flight is scheduled for July 20, a fortnight after he resigns as chief executive of Amazon. A boozy weekend at the Goodwood Festival of Speed was never going to cut it as a leaving blowout, was it?

This undated illustration provided by Blue Origin shows the capsule that the company aims to take tourists into space.  Photo / AP
This undated illustration provided by Blue Origin shows the capsule that the company aims to take tourists into space. Photo / AP

"I want to go on this flight because it's a thing I've wanted to do all my life, it's an adventure, it's a big deal for me," Bezos — in his little gilet — says in an Instagram video released this week. "I invited my brother to come on this first flight because we're closest friends."

The video then cuts to Jeff, now in a cowboy hat and aviators, sitting having a drink with Mark, before he abruptly asks him to join him.

"Are you serious?" Mark says, with the kind of wide-eyed panic of a woman being proposed to in a busy restaurant and unable to decline without upsetting everyone.

Advertisement
Advertise with NZME.

"I am, I think it would be meaningful," Bezos replies, a little weirdly.

So, whether Mark likes it or not, the Bezos Bros are going to (inner) space. And they do, apparently, get on famously. Five years the Amazon founder's junior, Mark and his sister, Christina, have a different biological father, but grew up together as they moved between Albuquerque, Texas and Florida.

While Jeff went on to take over the world, trampling all in his path as he went, Mark has done the opposite. Not only is he a director of the Bezos Family Foundation, but his day job is split between serving on leadership boards for education and poverty-fighting charities, and as a volunteer firefighter in New York (he also founded a private equity firm, but we will forget that).

Mark is reportedly married with four children, and has the kind of easy, confident demeanour and naturally thick-set build that might perhaps inspire a nerdy, weedier sibling persistently to feel he needs to prove his worth by rapaciously accruing more and more wealth by, at times, questionable means, obsess over weightlifting in midlife, or build phallic spacecrafts and force family members aboard.

He's also funnier.

"If anyone's confused, I'm the one with the smaller bank account," he remarked, appearing at a live event with Jeff four years ago.

Advertisement
Advertise with NZME.

"HA HA HA," Jeff bellowed, "he's the big brother."

When they are together, Jeff went on to say, "I just laugh continuously."

So space ought to be a hoot, which is the main thing, because there can't be many people who'd want to share an 18-metre, sealed, pilotless tin can with their brother, no matter how close they are.

As any parent knows, getting through a long car journey — nay, a 15-minute fish finger dinner — without one sibling punching the other is a challenge, and that's brothers that get on.

I give it three minutes of the total 11-minute flight time before Jeff accuses Mark of farting, Mark denies it, then Jeff unbuckles his little space gilet and tries to put Mark in a headlock.

"I was just awestruck," Mark says in that Instagram video, reflecting on the invitation. "What a remarkable opportunity, not only to have this adventure, but to be able to do it with my best friend."

Advertisement
Advertise with NZME.

The video's caption ends with "#GradatimFerociter": step by step, ferociously. That's the spirit. To infinity, and beyond. Just remember to play nice.

Save

    Share this article

Latest from Business

Premium
Business

Court to decide Du Val asset seizure orders

16 Jun 08:07 AM
Premium
Shares

Market close: Tourism Holdings jumps 57.5% on buyout offer

16 Jun 05:55 AM
Premium
Business

Little Island, plant-based ice cream company that raised millions, in liquidation

16 Jun 04:00 AM

Audi offers a sporty spin on city driving with the A3 Sportback and S3 Sportback

sponsored
Advertisement
Advertise with NZME.

Latest from Business

Premium
Court to decide Du Val asset seizure orders

Court to decide Du Val asset seizure orders

16 Jun 08:07 AM

Du Val reportedly owes $306m to investors and creditors, according to PwC.

Premium
Market close: Tourism Holdings jumps 57.5% on buyout offer

Market close: Tourism Holdings jumps 57.5% on buyout offer

16 Jun 05:55 AM
Premium
Little Island, plant-based ice cream company that raised millions, in liquidation

Little Island, plant-based ice cream company that raised millions, in liquidation

16 Jun 04:00 AM
Premium
How worried should we be about economic fallout from the Israel-Iran conflict?

How worried should we be about economic fallout from the Israel-Iran conflict?

16 Jun 03:31 AM
Gold demand soars amid global turmoil
sponsored

Gold demand soars amid global turmoil

NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • NZ Herald e-editions
  • Daily puzzles & quizzes
  • Manage your digital subscription
  • Manage your print subscription
  • Subscribe to the NZ Herald newspaper
  • Subscribe to Herald Premium
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP