Blue Origin, which was established in 2000 by Amazon founder Jeff Bezos, has been developing New Glenn for about a decade. The 320-foot-tall (98 meters) rocket sports a reusable first stage and can deliver about 50 tons (45 metric tons) of payload to low Earth orbit (LEO).

Jeff Bezos' Blue Origin could revolutionize the space industry with its New Glenn rocket. Here's how it stacks up against SpaceX's Falcon 9.