Billionaire businessman Jeff Bezos is launched with three crew members aboard a New Shepard rocket on the world's first unpiloted suborbital flight. [Reuters]

Jeff Bezos, the world's richest man, and three crewmates soared high above the Texas desert aboard his space venture Blue Origin's New Shepard launch vehicle on Tuesday and returned safely to Earth, a historic suborbital flight that helps to inaugurate a new era of private commercial space tourism.

The spacecraft ignited its BE-3 engines for liftoff from Blue Origin's Launch Site One facility about 20 miles (32 km) outside the rural town of Van Horn, flying about 66.5 miles (107 km) above the planet's surface. There were generally clear skies with a few patchy clouds on a cool morning for the launch.

The 57-year-old American billionaire flew on a voyage lasting about 10 minutes and 20 seconds to the edge of space, nine days after Briton Richard Branson was aboard his competing space tourism company Virgin Galactic's successful inaugural suborbital flight from New Mexico.

New Shepard was designed to hurtle at speeds upwards of 2,200 miles (3,540 km) per hour to an altitude beyond the so-called Kármán line - 62 miles (100 km) - set by an international aeronautics body as defining the boundary between Earth's atmosphere and space.

After the capsule separates from the booster, the crew was due to have unbuckled for a few minutes of weightlessness. Then the capsule returned to Earth under parachutes, using a last-minute retro-thrust system that expelled a "pillow of air" for a soft landing in the Texas desert.

Bezos gave a thumbs-up sign from inside the capsule after landing on the desert floor before stepping out, wearing a cowboy hat and blue flight suit, and giving company employees high fives.

The mission was part of a fiercely competitive battle between Bezos' Blue Origin and fellow billionaire Richard Branson's Virgin Galactic to tap a potentially lucrative space tourism market the Swiss bank UBS estimates will be worth $3 billion annually in a decade.

Bezos and the other passengers climbed into an SUV vehicle for a short drive to the launch pad before walking up a tower and getting aboard the gleaming white spacecraft, with a blue feather design on its side. Each passenger rang a shiny bell before boarding the craft's capsule.

Branson got to space first, but Bezos was due to fly higher - 62 miles (100 km) for Blue Origin compared to 53 miles (86 km) for Virgin Galactic - in what experts call the world's first unpiloted space flight with an all-civilian crew. It represents Blue Origin's first crewed flight to space.

Bezos, founder of e-commerce company Amazon.com Inc (AMZN.O), and his brother Mark Bezos, a private equity executive, were joined by two others. Pioneering female aviator Wally Funk, 82, and recent high school graduate Oliver Daemen, 18, become the oldest and youngest people to reach space.

Bezos embraced Funk after the landing.

The flight coincides with the anniversary of Americans Neil Armstrong and Edwin "Buzz" Aldrin becoming the first humans to walk on the moon, on July 20, 1969. New Shepard is named for Alan Shepard, who in 1961 became the first American in space.

Funk was one of the so-called Mercury 13 group of women who trained to become NASA astronauts in the early 1960s but was passed over because of her gender. Daemen, Blue Origin's first paying customer, is set to study physics and innovation management in the Netherlands. His father, who heads investment management firm Somerset Capital Partners, was on-site to watch his son fly to space.

The launch was witnessed by members of the Bezos family and Blue Origin employees, and a few spectators gathered along the highway before dawn. Spectators applauded during the flight.