Jeff Bezos, the second richest man in the world, successfully blasted off a 320-foot-tall rocket ship made by his Blue Origin company from Cape Canaveral, Florida, in the early hours of the morning. It made the company the first to successfully reach orbit on its first launch of an orbital-class rocket.

New Glenn is capable of carrying 50 tons (45 metric tons) of payload to low Earth orbit (LEO). SpaceX's Falcon Heavy rocket, which also features reusable first stage boosters, can lift around 70 tons (64 metric tons) to LEO.

Jeffrey Preston Bezos is an American businessman best known as the founder, executive chairman, and former president and CEO of Amazon.

Blue Origin successfully launched the rocket after an attempt earlier in the week was scrubbed. The flight is a crucial test of the company’s ability to compete with Elon Musk’s SpaceX.

The uncrewed New Glenn rocket took off at 2:03 a.m. EST from Complex 36 at Cape Canaveral Space Force Station, Blue Origin said.

Jeff Bezos’s space company Blue Origin postponed the inaugural launch of its new rocket early Monday, after running into technical problems. Blue Origin had planned to attempt to blast off its New Glenn rocket from a site in Florida.

Blue Origin did not immediately set a new launch date, saying the team needed more time to resolve the problem.

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Blue Origin, the American space company founded by Amazon.com founder Jeff Bezos, successfully launched its new large rocket, New Glenn, on its first test flight from Cape Canaveral Space Force Station in Florida on Thursday,

Jensen Huang is expected to miss the ceremony, while Apple’s Tim Cook, Amazon’s Jeff Bezos and Tesla’s Elon Musk are attending.

The spacecraft was supposed to soar across the Gulf of Mexico on a near loop around the world similar to previous test flights. SpaceX had packed it with 10 dummy satellites for practice at