"Ever since I was five years old, I've dreamed of traveling to space," Bezos said. The 11-minute flight will take place two weeks after the billionaire steps down as Amazon CEO.

Amazon's CEO will be Andy Jassy, the head of its cloud computing division. "As much as I still tap dance into the office, I'm excited about this transition," Bezos says.

The Amazon CEO and four other billionaires are part of the world's most exclusive club in the midst of the pandemic: those whose fortunes exceed $100 billion.

Rep. David Cicilline, D-R.I., says Amazon, Facebook, Google and Apple operate like monopolies and need to be broken up or regulated.

The CEOs tell Congress that the giant American tech companies do not stifle competition, saying the concern that too much power is concentrated in too few companies is unfounded.

The first congressional testimony by Jeff Bezos comes at a time when he and Amazon are seeming at their zenith, occupying ever-growing space in American culture.

The CEOs of Amazon, Apple, Facebook and Google are set to testify about whether their companies have too much power. Jeff Bezos begins his prepared remarks with a personal story.

The heads of Facebook, Google, Amazon and Apple will face lawmakers' questions about whether they are using their power to squash competition.