Extreme skydiver Felix Baumgartner was waiting for more favorable weather conditions Tuesday at 10:40 a.m. EST before attempting a record-breaking jump from 120,000 feet (36,576 meters).

Red Bull, who is sponsoring the event, said Tuesday morning that wind speeds were not yet optimal for launch and the earliest possible launch was scheduled at 1:30 pm EST (11:30 pm MDT).

"Weather conditions continue to look favorable for launch Tuesday, October 9" Red Bull reaffirmed today.

WATCH LIVE STREAM 'MISSION FROM EDGE OF SPACE' OCTOBER 9 

Baumgartners's jump will be closely tracked by HD cameras in his capsule, on his body, in the air and on the ground and can be watched by viewers around the world through a live stream feed on YouTube and on Red Bull's website.

The Austrian skydiver will free fall faster than the speed of sound before parachuting to the ground, something no man has ever achieved.

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

In the latest test flight for this mission, Baumgartner jumped from an altitude of 97,145.7 feet (29,610 meters). He accelerated to a speed of 536.8 mph and spent nearly 3 minutes 48 seconds in freefall before he landed safely in the desert, about 15 minutes by helicopter from Roswell, New Mexico, the launch site. 

Baugmartner's past accomplishments include jumping 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.

Watch Below How a Free Fall from the Edge of Space Looks Like: