Blue Origin, the space flight company founded and owned by Jeff BezosJeffrey (Jeff) Preston BezosSeat on Bezos-backed space flight sells for million

Seat on Bezos-backed space flight sells for $28 million at auction

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2021-06-13 12:00:06

Blue Origin, the space flight company founded and owned by Jeff BezosJeffrey (Jeff) Preston BezosSeat on Bezos-backed space flight sells for million at auction Researchers: Wealth accumulation at Ivy League presents 'fundamental threat to our democracy' Democrats reintroduce bill to create 'millionaires surtax' MORE , is giving a seat on its very first human flight next month to an individual who pledged a winning bid of $28 million at an auction Saturday.

The company announced the win on Twitter following the livestreamed auction, which lasted less than 10 minutes after opening at $4.9 million, with more than 20 bidders participating.

That came after nearly 7,600 people from 159 countries had registered to bid on a seat for the July 20 space flight by the time registration closed Thursday, according to ABC News, with pre-auction bidding ending at $4.8 million.

Blue Origin said the $28 million would be donated to Club for the Future, Blue Origin’s 501(c)(3) nonprofit with a mission to “inspire future generations to pursue careers in STEM and to help invent the future of life in space,” according to its website.