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Crypto billionaire finally gets his $28M trip into space

Controversial crypto entrepreneur Justin Sun finally got his suborbital ride into space today from Jeff Bezos’ Blue Origin space venture, four years after he put in the winning $28 million bid for a seat.

Five other spacefliers were alongside Sun when Blue Origin’s New Shepard rocket ship rose from its pad at the company’s Launch Site One in West Texas at 7:42 a.m. CT (5:42 a.m. PT) for a 10-minute trip.

When Sun emerged from the crew capsule after the flight, he made a thumbs-up gesture, then stepped down to kiss the ground.

“I wished to go into space since I was a child, and after almost 30 years, it’s come true,” Sun said on Blue Origin’s webcast. “For this mission I waited four years, but we finally delivered it. I really appreciate Mr. Bezos and his team to make it possible. … This is my first commitment and step to space, and we will have more.”

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Crypto whiz bid $28M for space seat (and is buying more)

The winner of June’s $28 million auction for a seat on Blue Origin’s suborbital spaceship revealed himself today — and is buying tickets for five more people to fly with him a year from now.

It would be hard to come up with a quirkier résumé than the one put together by Justin Sun, the 31-year-old crypto pioneer who put in the winning bid.

He’s a Chinese-born entrepreneur who founded the Tron cryptocurrency platform and serves as the CEO of Rainberry Inc., the file-sharing company formerly known as BitTorrent Inc.

Sun, a protégé of Chinese billionaire Jack Ma, recently became a citizen of the Caribbean island nation of Grenada. Last week he was named Grenada’s ambassador to the World Trade Organization in Geneva.

Although his net worth is currently estimated at a mere $200 million, he’s no stranger to high-stakes bidding. In 2019, he bid $4.6 million just to have lunch with billionaire Warren Buffett.

Sun said he was drawn to Blue Origin’s vision of sharing the spaceflight experience with the wider public.