Jeff Bezos becomes the first billionaire to travel to actual space
Accessing space is getting cheaper, and entrepreneurs are starting to build the future space tourism industry.
Key takeaways
- Following a bunch of unmanned test flights, the first passenger-carrying flight to the edge of space was announced for July 20 – 52 years after the Apollo 11 moon landing.
- The crew of New Shepard were ferried to the launch tower at the Van Horn site in Texas at around 7:20 am local time, climbed the tower, entered the capsule and had buckled themselves into their seats by 20 minutes or so later.
- The crew capsule reached 347,563 ft AGL (Above Ground Level), or 351,210 ft MSL (Mean Sea Level) – that's 65.8 miles or 105.9 km AGL and 66.5 miles or 107 km MSL.
Cite or link to this article
Griffin, M. (2021) 'Jeff Bezos becomes the first billionaire to travel to actual space', 311 Institute, 23 July. Available at: https://www.311institute.com/jeff-bezos-becomes-the-first-billionaire-to-travel-to-actual-space/ (Accessed: 1 October 2026).
The future of the space tourism industry is beginning to take shape – that is if you’re a multi-millionaire or a billionaire with anything from $250,000 to a $20 million or so to spare to buy a ticket, with places on Sir Richard Branson’s space plane Unity costing the former, and places on Jeff Bezos’ Blue Origin rocket costing the latter - which will eventually come down. And while the space tourism industry will no doubt be a lucrative commercial opportunity, with space hotels on tap, for now many are calling space the new billionaires playground – with some going even further and saying that they’re all just in fact planning their future escape from hot house Earth.
Back down to Earth again, metaphorically atleast, the other day Branson became the first billionaire to almost get to space, and now Bezos has become the first billionaire to actually get into space after his company Blue Origin nailed the first human flight of New Shepard, taking him, his brother Mark, 82-year-old Mary Wallace "Wally" Funk and 18 year old Oliver Daemen on a brief jaunt to space.
Following a bunch of unmanned test flights, the first passenger-carrying flight to the edge of space was announced for July 20 – 52 years after the Apollo 11 moon landing. The Bezos brothers were confirmed as taking the first two seats on June 7, the auctioned third place eventually went to the son of Somerset Capital Partners CEO, and the final seat was filled by one of the "Mercury 13" from the 1960s Woman in Space program.
The crew of New Shepard were ferried to the launch tower at the Van Horn site in Texas at around 7:20 am local time, climbed the tower, entered the capsule and had buckled themselves into their seats by 20 minutes or so later. At 8:12 am, liftoff was confirmed and the historic ride to space began.
A few minutes later, the capsule separated from the booster, and by 8:16 am mission control confirmed that "the capsule has just reached apogee" and the now unbuckled passengers enjoyed weightlessness at the edge of space. The crew capsule reached 347,563 ft AGL (Above Ground Level), or 351,210 ft MSL (Mean Sea Level) – that's 65.8 miles or 105.9 km AGL and 66.5 miles or 107 km MSL. Meanwhile the booster managed 347,188 ft AGL or 350,835 ft MSL wit maximum ascent velocity reaching a cool 2,233 mph or 3,595 km/h.
The booster, which had already been used on two previous test flights, touched down at 8:19 am. Three chutes were deployed from the capsule as it began its descent, landing in the West Texas desert three minutes later for a total elapsed mission time of 10 minutes and 10 seconds. The crew exited shortly after, safe and well.
As well as snagging records for taking the youngest and oldest people into space, New Shepard also managed to fly higher than Sir Richard Branson's effort on VSS Unity on July 11 which, as it turns out, gives Bezos billionaire bragging rights.
Source: Blue Origin
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Accessing space is getting cheaper, and entrepreneurs are starting to build the future space tourism industry.

About the author
Matthew Griffin Founder, 311 Institute
Matthew Griffin is a multi-award winning Futurist and expert in Disruption and Innovation, Geopolitics, Leadership, and Technology, who NASA have described as a "walking encyclopaedia of the future" and a "futurist Polymath."
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Matthew Griffin is a multi-award winning Futurist and expert in Disruption and Innovation, Geopolitics, Leadership, and Technology, who NASA have described as a "walking encyclopaedia of the future" and a "futurist Polymath." 15-time best selling author of the "Codex of the Future" series, Matthew is the Founder and Futurist in Chief of the 311 Institute, a global Futures and Deep Futures advisory firm working with royal households, world leaders, G7, G20, and G77 governments, NGOs, and multi-national mid and mega cap firms to help them explore, shape, and lead the next 50 years of business and society.
An award-winning YouTube creator with over a million followers, with an unrivalled global reach and impact, Matthew is a highly sought-after international keynote speaker, lecturer, and mentor who collaborates with global leaders through the United Nations Alliance of Civilizations (UNAOC) and United Nations General Assembly (UNGA) to shape pivotal initiatives such as the UN’s AI for Humanity program, the United Nations Conference of the Parties (UN COP), and the World Economic Forum in Davos.
As the former Global Head of Cloud, National Security, and Enterprise Sales for companies including Atos, Dell-EMC, and IBM, Matthew has a proven track record of building multi-billion dollar business units and turning failing divisions into market leaders. His ability to identify, analyse, and communicate the implications of hundreds of emerging technologies and trends is unparalleled, and his insights are trusted by many of the world’s most respected organisations, including ABB, Accenture, Adidas, AON, ARM, BCG, Centrica, Citi, Coca-Cola, Dentons, Deloitte, Dow Jones, EY, Google, KPMG, Lego, Legal & General, LinkedIn, Microsoft, PepsiCo, Qualcomm, RWE, Samsung, Siemens AG and Siemens Energy, T-Mobile, UBS, VISA, Walmart, Workday, Worldpay and many others.
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Sources and further reading
- auctioned third place npr.org
- Somerset Capital Partners somerset.nl
- billionaire bragging rights cnbc.com
- Blue Origin blueorigin.com
Source: first published by the 311 Institute on 23 July 2021. Cite as: Griffin, M. (2021). Jeff Bezos becomes the first billionaire to travel to actual space. 311 Institute. https://www.311institute.com/jeff-bezos-becomes-the-first-billionaire-to-travel-to-actual-space/
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