Jeff Bezos’ Blue Origin on Monday called off its inaugural launch of its New Glenn rocket after a number of last-minute issues – hurting the space firm in its race to compete with Elon Musk’s dominant SpaceX. The 320-foot rocket was scheduled to blast off from Cape Canaveral in Florida at 1 a.m. ET before the launch was aborted.

Jeff Bezos launches New Glenn rocket for first time - Blue Origin’s New Glenn rocket is set to launch from Florida at around 7.48am GMT on Monday

After years of delays, the billionaire’s Blue Origin space company launched its New Glenn rocket early Thursday.

Blue Origin expects the New Glenn to provide a viable alternative to SpaceX's market-dominating Falcon family of rockets.

After more than a decade of development, hype and pent-up demand, Jeff Bezos’ aerospace venture Blue Origin will at long last attempt to put a rocket into orbit. New Glenn, originally intended to

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.

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.

The test flight already had been delayed by rough seas that posed a risk to the company’s plan to land the first-stage booster on a floating platform in the Atlantic Ocean ... Amazon’s Jeff Bezos founded the company 25 years ago.

Blue Origin, Amazon founder Jeff Bezos' space company, launched its large rocket for the first time early Thursday.

Jeff Bezos' Blue Origin prepared for the inaugural launch of its New Glenn rocket from Florida early on Monday, nearing a pivotal debut in Earth orbit that will mark a major step towards a long-awaited goal of competing with Elon Musk's SpaceX in the satellite launch market.

Gregg Newton/Agence France-Presse — Getty Images On Thursday morning, at a time when most people in the United States were sleeping, Jeff Bezos ... arc over the Atlantic Ocean, lit up in ...

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