On Sunday, the reusable rocket took off from the company’s West Texas launch site and reached an altitude of 347,485 feet.
Bezos accepted the first Buzz Aldrin Space Innovation Award from the famous astronaut just days before the Apollo 11 moon landing anniversary.
Blue Origin will be funded by the deep pockets of the world's second richest man.
Jeff Bezos' rocket company has released concept images of capsules that will take tourists to space.
The Amazon founder plans to launch tourists into space with Blue Origin within two years.
New Shepard successfully launched and then touched back down unharmed.