After years of delays, the billionaire’s Blue Origin space company launched its New Glenn rocket early Thursday.

Jeff Bezos' new rocket, taller than the Statue of Liberty, has blasted into space. The giant 320-foot-tall New Glenn rocket, named for legendary U.S. astronaut John Glenn, achieved a successful maiden launch after launching from Cape Canaveral Space Force Station just after 2 a.

Blue Origin successfully launched the rocket after an attempt earlier in the week was scrubbed. The flight is a crucial test of the company’s ability to compete with Elon Musk’s SpaceX.