SpaceX outpaces Blue Origin in space launches and revenue growth
Elon Musk's SpaceX has outpaced Jeff Bezos' Blue Origin in the space industry, achieving its first launch in just six years compared to Blue Origin's 25 years. SpaceX has launched 133 rockets in the past year, dominating global payloads. Musk's approach involved rapid development and significant funding from government contracts, raising at least $9.5 billion. In contrast, Bezos invested $14.6 billion into Blue Origin, which has taken a slower, more methodical path to technology development. Blue Origin is now ramping up production and preparing for its New Glenn rocket's first flight. However, SpaceX is focused on expanding its Starlink satellite business, which generated 65% of its $14.2 billion revenue last year.