Jeff Bezos (left) and Richard Branson (right) may be in a very tight space race. Alex Wong/Getty Images; Hollis Johnson/Business Insider

The billionaire space race appears to be in full swing, and it’s getting close. Jeff Bezos and Sir Richard Branson may both have the edge of space in their sights next month.

Bezos announced on Monday that he plans to fly into space aboard the New Shepard rocket developed by Blue Origin, the aerospace company he founded in 2000. The launch is set for July 20.

The following day, a report from Douglas Messier, who runs the longtime space blog Parabolic Arc, indicated that Virgin Galactic may be racing to launch its own founder, Branson, before Bezos. A “source who requested anonymity” told Messier that the company

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