Amazon's Jeff Bezos has revealed his rocket firm blue Origin will relocate to Florida and take over a historic Cape Canaveral launch pad in its bid to take on Elon Musk's SpaceX. The space startup run by announced a roughly $200 million investment to build rockets and capsules in Florida, and then launch them from a nearby Cape Canaveral pad which hasn't been used for a decade. Bezos also teased a new 'megarocket' the firm is planning to build. The rocket will be tested at the new site, it was revealed. The new monster rocket will run on BE-4 engines instead of the BE-3 engines powering 'New Shepard' the firm's current craft.Blue Origin will spend $200m building rockets and capsules in FloridaWill use historic Launch Complex 36 at Cape Canaveral Air Force StationWill compete with SpaceX and Virgin Galactic to offer trips to spaceBezos showed off new 'megarocket' design - but gave no details of it
Mr. Bezos said _ intends to launch a reusable orbital vehicle able to take off and land vertically.