UPDATE 2:30 EST: According to unofficial numbers from Red Bull Stratos, Felix Baumgartner broke the record for the highest manned balloon flight and the highest freefall on Sunday when he jumped from roughly 28,000 feet above the earth and fell for four minutes and 20 seconds before landing safely on the ground. Speeds shown during the live video feed of the jump showed Baumgartner traveling at more than 700mph, which would mean he also broke the record for the fastest speed achieved during a freefall. Red Bull Stratos said they will provide official updates at a news conference within an hour.
Red Bull Stratos athlete Felix Baumgartner is rising close to 120,000 feet above the earth in a 55-story balloon. Once he reaches this height, a distance of roughly 23 miles above the ground, he plans to jump. His goal is to break the world record speed and height for freefall. If everything goes according to plan, he will eclipse the speed of sound and rocket toward the earth at roughly 700mph. You can watch his jump live in the video above.
For more on why Baumgartner is attempting this record, check out "Everything You Need to Know Before Watching Felix Baumgartner Jump From 23 Miles Above the Earth."