Why Musk's SpaceX Has Grown Bigger, Faster And Cheaper Than Bezos' Blue Origin

Forbes Daily Briefing

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4.6 • 12 Ratings

🗓️ 22 January 2025

⏱️ 5 minutes

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Summary

While Jeff Bezos has spent $14 billion to achieve his first space launch, his billionaire rival has built a thriving business, mostly with other people’s money.

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0:00.0	Here's your Forbes Daily Briefing for Wednesday, January 22nd.
0:05.4	Today on Forbes, why Musk's SpaceX has grown bigger, faster, and cheaper than Bezos's
0:12.4	Blue Origin.
0:14.8	When Donald Trump was sworn in as the 47th president of the United States on Monday, the
0:20.4	super billionaires Elon Musk and Jeff Bezos,
0:22.6	were among the select crowd of dignitaries watching from prime seats
0:26.6	just feet away from each other in the capital Rotunda.
0:30.6	But when it comes to their space rivalry,
0:32.6	Bezos's Blue Origin isn't even in the same room as Musk's SpaceX.
0:41.5	Blue Origin launched its first rocket into space last Thursday,
0:46.9	25 years after Bezos founded the company with the fortune he made from his e-commerce giant,
0:47.3	Amazon.
0:53.3	SpaceX, which Musk started two years later, only took six years to reach space. Last year it successfully launched
0:55.8	133 rockets, accounting for over 85% of the payload mass put into orbit worldwide through
1:02.2	the third quarter. It's the result of sharply contrasting approaches based partly on how they
1:07.8	finance their companies. Bezos, who funded Blue Origin solely out of his fortune until recently,
1:14.9	took a deliberate pace in developing his rocket technology.
1:18.8	Musk, with a more limited bankroll to start, that made failure in ever-present danger,
1:24.1	adopted more of a classic Silicon Valley, quote,
1:27.4	fail fast and learn approach.
1:30.3	Chad Anderson, managing partner of the investment firm Space Capital, estimates that Bezos has sunk
1:36.1	$14.6 billion into Blue Origin.
	...

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