-->

Blue Origin sells seat on suborbital spaceship for $28 million after fast and furious bidding

$28 million bidding
RR Auctions’ Steve Little shouts “Sold!” and closes off bidding for a seat on Blue Origin’s suborbital spaceship, at the price of $28 million. (Blue Origin via YouTube)

An open spot on the first-ever crew to fly on Blue Origin’s New Shepard suborbital spaceship was auctioned off today for $28 million, which is millions more than the International Space Station’s first paying tourist reportedly paid 20 years ago.

It took about eight minutes for RR Auctions to wind up the bidding at its Boston headquarters. That’s a couple of minutes less than the expected duration of the New Shepard mission, set for July 20 at Blue Origin’s suborbital spaceport in West Texas. And it’s a few minutes more than the yet-to-be-identified winner is expected to spend in zero-G during the flight.

The winner, currently known only as Bidder No. 107, will experience about three minutes of weightlessness and a big-picture view of the curving Earth below the black sky of space. It’ll be one of the priciest per-minute trips in history. But it’ll also go down in the history books, in part because Jeff Bezos, the founder of Blue Origin and Amazon, will be one of the crewmates.

It didn’t take long for speculation about the winner’s identity to begin — with SpaceX CEO Elon Musk, Bezos’ biggest billionaire space rival, thrown into the mix:

Blue Origin has put the New Shepard suborbital launch system through 15 uncrewed tests, but July’s flight will be the first to put people on board for an actual launch. The “first-to-fly” distinction, plus the chance to spend some time with America’s richest individual, undoubtedly added to the value proposition.

Bidding on the open seat began last month, and before today, the high bid stood at $4.8 million. Once RR Auctions’ Steve Little kicked off the live bidding, the price quickly escalated — at times, in increments of $1 million.

“The more you pay for it, the more you enjoy it,” Little said during a rare lull in the bidding. He said more than 20 qualified buyers signed up for the live auction. RR Auctions will tack a 6% buyers’ commission onto the $28 million purchase price.

Blue Origin’s director of astronaut strategy and sales, Ariane Cornell, said during today’s webcast that the winner’s identity won’t be revealed until all the paperwork is signed, probably within the next couple of weeks.

Cornell said Blue Origin’s proceeds from the sale will be donated to the Club for the Future, the company’s nonprofit educational foundation. “With $28 million, we’re going to inspire a lot of kids,” she said.

“To say that we are humbled is an incredible understatement,” Cornell said.

The final price is more than the roughly $20 million that millionaire investor Dennis Tito is said to have paid for the first tourist trip to the International Space Station in 2001. (In inflation-adjusted terms, Tito still paid more.) But it’s less than the tens of millions that private astronauts are thought to be paying for orbital trips in SpaceX’s Crew Dragon capsule.

Bezos announced on Monday that he and his brother, Mark Bezos, would be on next month’s flight, which is timed to coincide with the 52nd anniversary of the Apollo moon landing. The auction winner would turn the crew into a trio, but Cornell said there’ll actually be a quartet on board. “The fourth and final crew member will also be announced soon, so stay tuned for that,” she said.

The four spacefliers will require only a couple of days of training in advance of what’s expected to be a roughly 10-minute up-and-down flight at Blue Origin’s West Texas facility. They’ll stay in an “astronaut village” that Blue Origin has built at the launch site.



from GeekWire https://www.geekwire.com/2021/blue-origin-sells-seat-suborbital-spaceship-28-million-fast-furious-bidding/

Related Posts

Subscribe Our Newsletter