Bidder pays $28 mn to fly into space with Jeff Bezos next month

An auction for a ride into space next month alongside Jeff Bezos and his brother ended with a winning $28 million bid Saturday.

The Amazon founder’s rocket company, Blue Origin, did not disclose the winner’s name following the live online auction. The identity will be revealed in a couple of weeks closer to the brief up-and-down flight from West Texas on July 20, the 52nd anniversary of Neil Armstrong and Buzz Aldrin’s moon landing.

It will be the first launch of Blue Origin’s New Shepard rocket with people on board, kicking off the company’s space tourism business. Fifteen previous test flights of the reusable rocket and capsule since 2015 short hops lasting about 10 minutes were all successful.

Saturday’s auction followed more than a month of online bidding that reached $4.8 million by Friday. More than 7,500 people from 159 countries registered to bid, according to Blue Origin. More than 20 bidders the high rollers took part in Saturday’s auction.

Bezos announced Monday that he and his younger brother, Mark, would be on board New Shepard’s first crew flight; the news quickly boosted bidding. The winning amount is being donated to Blue Origin’s Club for the Future, an educational effort to promote science and tech among young people.

The completely automated capsule can carry up to six passengers, each with their own big window. Blue Origin’s top sales director, Ariane Cornell, said following the auction that the fourth and final seat on the debut crew flight will be announced soon.

Blue Origin has yet to open ticket sales to the public or divulge prices.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor