Except BO isn't a competitor, really. They'd just like to be.
SpaceX got to orbit in 2008 without big government money 6 years after founding.
Blue Origin 20 years after founding still did not managed to get to orbit and Bezos is pushing around billion dollars a year into that company.
Blue Origin is obviously quite badly managed.
For example Rocket Lab founded in 2006 in New Zealand is a lot more successful with many orbital launches.
They are currently building human rated, 8 metric tonne class orbital reusable rocket.