Blue Origin was founded in 2000, SpaceX in 2002. But so far, Blue Origin has only conducted Sub-orbital launches while SpaceX has launched high profile missions like DART. Can Blue Origin actually do much in space?
Blue Origin and SpaceX have two very different goals. They also have very different development philosophies.
Blue Origin's goal is to move loud, polluting, dirty, and otherwise undesirable heavy industry into low Earth orbit: chemical plants, that kind of stuff. SpaceX is not interested in any of that.
Blue Origin is building a space station in LEO. They have a contract with NASA for development of the space station. SpaceX has no interest in that.
SpaceX's goal is to make humanity a multi-planetary species by building a self-sustaining colony on Mars. They have no real interest in LEO or even the Moon.
Furthermore, Blue Origin is very secretive in its development. This is in stark contrast to SpaceX, who are developing Starship completely in the open, literally in a dirt field on the side of a public road. For all we know, Blue Origin could roll out and launch New Glenn tomorrow. (Very unlikely, but the point is: we can't really tell how far development of New Glenn has progressed, whereas we can tell that Starship and its ground infrastructure are not ready.)
Is Blue Origin redundant?
That's the intent. Both NASA and the Department of Defense want multiple providers for their launch systems.
When there's only one provider for a given item, that one provider can charge whatever they think they can get away with. In addition, there are other issues beyond a monopoly charging whatever they think they can get away with. What if the product is found to be fatally flawed in some circumstances? What if the monopoly suffers economically, declares bankruptcy, and stops providing the key item the US government needs? There are lots of other what-ifs that make the US government want redundancy in its commercial suppliers.