Blue Origin’s New Glenn Delays Cost Bezos $1B in Market Cap—Space Race Heats Up. Blue Origin is moving toward its next high-stakes launch window, but analysts estimate delays have already erased over $1 billion in potential market valuation from Jeff Bezos’s space venture, intensifying the commercial space race against SpaceX and Boeing. The company’s focus on reusable heavy-lift rockets is under scrutiny as 2024 launch targets slip, putting pressure on Bezos to deliver profitability or face investor backlash.