The billionaire space race entered a new phase today when Jeff Bezos’ Blue Origin successfully launched its 320-foot-tall New Glenn rocket from Cape Canaveral in Florida.

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.

Rough seas caused Blue Origin to hold off a planned early Friday launch attempt with is debut of New Glenn, which is now targeting early Sunday instead. SpaceX, though, managed liftoff later Friday with a booster flying for a record 25th time.

Blue Origin scrubs New Glenn's debut launch amid technical issues, keeping SpaceX's lead intact in the commercial space race.

The heavy-lift New Glenn rocket reached orbit during its maiden flight on Thursday, bringing Blue Origin, a private company founded by billionaire Jeff Bezos, one step closer to competing with launch titan SpaceX.

Jeff Bezos’ company is gearing up to launch its New Glenn rocket, kicking off a year in which the industry anticipates to grow under the Trump administration.

Jeff Bezos' Blue Origin is set for an inaugural launch of its giant New Glenn rocket on Sunday, a long-awaited first leap to Earth orbit that sets up one of the biggest challenges yet to industry dominance enjoyed by Elon Musk's SpaceX.

Blue Origin is planning to launch its reusable heavy-lift New Glenn rocket for its inaugural voyage at 1 a.m. EST Sunday if weather conditions allow it to proceed.

There will be many moving parts for the U.S. economy and for financial markets as the second Trump administration makes its mark on regulation and trade policies. One of Trump's consistent opinions has been that a weaker dollar is good for the U.S. economy because it can boost exports.

Vanguard, one of the largest mutual fund companies in the United States agreed to pay investors $106 million, CNN reports.

By comparison, last year's total of 93 orbital rocket launches breezed to a new Florida annual record. The former record was 72 launches in 2023.