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jeff bezos sells $1b of amazon stock a year to fund space company blue origin

jeff bezos sells $1b of amazon stock a year to fund space company blue origin News Article With The full text news. The Resource Link is down the post and you can View this News Article in the source page.



jeff bezos sells $1b of amazon stock a year to fund space company blue origin

blue origin is fueling the billionaire’s dream of sending people into space.internet billionaire and aspiring rocket man jeff bezos said he sells $1 billion a year in amazon.com stock to fund blue origin, the company fueling his dream of sending people into space.“my business model right now for blue origin is i sell about a billion a year of amazon stock and i use it to fund blue origin,” bezos said wednesday at the space symposium, an annual industry conference in colorado springs, colorado. “so the business model for blue origin is very robust.”bezos, the world’s second-wealthiest man behind bill gates, has said before that he has been reinvesting money he made at e-commerce giant amazon since he started his space exploration company more than a decade ago. on wednesday, he unveiled what he thinks is just the thing to entice people to pay about $300,000 for a quick flight to suborbital space: big windows.the amazon founder took a page from waterfront hotels and restaurants in the design of a space capsule that blue origin plans to use to launch paying tourists into space within two years. the pod will be equipped with the “largest windows in spacecraft history,” according to the company. it has room for six passengers each with their own window and a reclining leather seat that will distribute the force felt when shooting into space, blue origin said.most read stories3-course dinners for $32 starting april 2.“my singular focus is people in space,” be...