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Billionaire Jeff Bezos is making his own dream come true. The Amazon founder announced on Monday that he will be flying to space next month, and that he'll be joined by his brother.

In a video posted on Instagram, Bezos said that it's a lifelong dream come true.

"Ever since I was five years old, I've dreamed of travelling to space. On July 20th, I will take that journey with my brother."

Bezos founded the space exploration group Blue Origin in 2002, and has referred to it as his "most important work".

The brothers will be on Blue Origin's first flight carrying humans to space. The spacecraft that they'll be travelling in is called the New Shepard.

There are six seats in total on board the New Shepard. Two will be taken by Jeff and his brother Mark, while three of the seats will be taken up by crew members.

The sixth seat is currently up for auction.

Business Insider reports that the bidding for that seat "has reached $2.8 million, with nearly 6,000 participants from 143 countries".

Bidding is now live on Blue Origin's website. The bidding will finish on 12 June with a live online auction.

Image credit: ABC News

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