The 160ft SN9 rocket’s timing was just a little off. The reusable prototype, designed by Elon Musk’s SpaceX, was attempting to land vertically when it failed to complete its flip and crashed in a huge fireball.
Just hours later, Musk received yet more bad news. His rival Jeff Bezos had announced he would be stepping down as chief executive of Amazon to focus on other projects, including space company Blue Origin.
The world’s two richest men – Bezos with a net worth of $195bn and Musk now the richer at $200bn – both have their sights set on the night sky with plans for mega-satellite constellations and missions to the moon and Mars.
Up until now, all bets had been on Musk to outdo Bezos. Blue Origin is two years older than SpaceX but so far has little to show for it, despite the fact that Bezos funds the company by selling $1bn of his Amazon stock every year.
That, however, could be about to change. With his resignation, Bezos will have plenty more time on his hands to dedicate to his passion project.
“Space is one of Jeff’s major passions,” says Mark Boggett, who runs space investment firm Seraphim Capital. “The two richest men in the world are now using their resources to accelerate the pace of development in space.”
This Article firstly Publish on www.telegraph.co.uk