Update (2:07pm EST): Felix Baumgartner looked very disappointed when the mission had to be canceled Tuesday due to risky winds and other technical failures. 

Extreme skydiver Felix Baumgartner will attempt to jump from the edge of space Tuesday, breaking the sound barrier and becoming the first human ever to attempt such a freefall.

The "Mission to the Edge of Space" will live stream at 1:30 pm EST on YouTube and the following websites: www.redbullstratos.com, and www.redbull.tv.

The Austrian skydiver's jump is currently on hold due to weather conditions.

"We're on a weather hold due to winds aloft, possible launch at 11:30 a.m. MDT" a message on Red Bull's website read Tuesday morning.

Baugmartner's jump consists of ascending to 120,000 feet in a stratospheric ballon and make a freefall jump rushing toward earth at supersonic speeds before parachuting to the ground.

If accomplished he could break the world record for the highest skydive breaking Joseph Kittinger's world record at 102,800 feet achieved in 1960.

Today's historical jump aims to provide medical and scientific research data.

Baugmartner has jumped from the Petronas Twin Towers in Kuala Lumpur in Malaysia, from Christ the Redeemer statue in Rio de Janeiro Brazil and from the Millau Bridge in France, the highest bridge in the world, among other accomplishments.