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Red Bull Stratos is a mission to the edge of space that will try to surpass human limits that have existed for more than 50 years. Supported by a team of experts, Felix Baumgartner will undertake a stratospheric balloon flight to more than 120,000 feet / 36,576 meters and make a record-breaking freefall jump in the attempt to become the first man to break the speed of sound in freefall (an estimated 690 miles / 1,110 kilometers per hour), while delivering valuable data for medical and scientific advancement. (copied from video)
http://www.youtube.com/watch?v=MrIxH6DTo...ture=share
Hurry up, and get in there guys!
EDIT: The jump is now over, and successful. Felix was not able to break the record of freefall of 4 minutes 36 seconds as he had intended. I think it was some where around 4:10~4:20. He did however set a record for highest balloon jump of nearly 40,000 meters.