• Bronwen Hundley

Spaceship ticket auctioned for US$28 million

A month-long bidding process concluded last week for a spaceship ride with Jeff Bezos on the Blue Origin’s maiden voyage next month.

The auction opened with live phone bids and reached US$20 million in the first 4 minutes. The bidding closed after 7 minutes and was sold at US$ 28 million to an Ultra High Net Worth Individual whose identity is undisclosed.

Blue Origin’s New Shepard spacecraft will embark on its voyage on 20 July this year in the efforts to eventually commercialize space travel.

In a video prior to the auction, Bezos exclaimed that "To see the earth from space, changes you. It changes your relationship with this planet, with humanity,"

Blue Origin have not yet shared their pricing strategy however with 3 entities racing to commercialize space travel, Rueters claimed that passengers may expect to pay approximately US$200,000 per ticket.

Follow ember insights to stay up to date as we closely follow the commercialization of space travel.

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