Blue Origin auctions off seat on first spaceflight for $28M

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  • Blue Origin (BORGN) finished its online auction for the public to bid on riding on the New Shepard spaceflight.
  • The company says the winning bid was $28M after early 7.6K people registered to bid from 159 different countries.
  • The winning bidder will fly to space on New Shepard's first human flight on July 20 along with Blue Origin founder Jeff Bezos and his brother. The name of the winning bidder was not released.
  • The space sector continues to heat up with Virgin Orbit reportedly planning to go public through a SPAC deal.
  • Space catch-all: See all the holdings in the Procure Space ETF (NASDAQ:UFO).
  • Sector watch: Virgin Galactic (NYSE:SPCE) is on Seeking Alpha's Catalyst Watch this week with the Blue Origin auction expected to attract even more attention to the company's own pricing potential for space tourism.

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