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Jeff Bezos spoke to Trump as he tries to seeks more government contracts for Blue Origin: Report - The Economic Times

Economic Times

Economic Times · 2m ago

Jeff Bezos spoke to Trump as he tries to seeks more government contracts for Blue Origin: Report - The Economic Times

Jeff Bezos, founder of Blue Origin, reportedly spoke with US President Donald Trump twice, aiming to secure more government contracts amid a feud between SpaceX's Elon Musk and Trump, according to the Wall Street Journal. Blue Origin CEO Dave Limp also visited the White House, meeting with Trump's chief of staff. The effort appears to be part of Blue Origin's strategy to capitalize on tensions and increase its stake in government aerospace contracts.

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Jeff Bezos' net worth hits all-time high fueled by Amazon shares getting Trump bump

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Business Insider · 9m ago

Jeff Bezos' net worth hits all-time high fueled by Amazon shares getting Trump bump

Jeff Bezos, the founder of Amazon, saw his net worth reach a record high of $228 billion following the US presidential election. The surge was driven by Amazon's strong earnings report and a boost in the company's stock price. Bezos owns nearly 9% of Amazon's stock, which has risen by over 40% this year. Along with other billionaires, Bezos benefited from the stock market rally after Trump's win, gaining nearly $53 billion collectively. Despite not endorsing a candidate, Bezos congratulated Trump and his company, Blue Origin, has won significant government contracts.

Amazon shareholder sues board, Bezos over Blue Origin launch contracts

Economic Times

Economic Times · 1y ago

Amazon shareholder sues board, Bezos over Blue Origin launch contracts

An Amazon shareholder has filed a lawsuit against Jeff Bezos and the Amazon board, alleging that they failed to properly evaluate the decision to award launch contracts for Project Kuiper to Blue Origin, Jeff Bezos's space company. The lawsuit claims that the Amazon board awarded contracts worth billions to Blue Origin without considering SpaceX as an alternative, despite its track record. Amazon responded, stating that the claims in the lawsuit are without merit. Project Kuiper aims to create a network of over 3,000 satellites for broadband internet.

OpenAI reminds me of Bezos, Blue Origin: Musk to Altman in 2018

Inshorts · 8m ago

OpenAI reminds me of Bezos, Blue Origin: Musk to Altman in 2018

Elon Musk, in a 2018 email to OpenAI Co-founder Sam Altman, said, "OpenAI reminds me of [Jeff] Bezos and Blue Origin. They're hopelessly behind SpaceX and getting worse, but the ego of Bezos has him insanely thinking that they're not!" OpenAI has published the email amid a lawsuit by Musk that seeks to stop OpenAI from becoming a for-profit company.

Jeff Bezos taps Amazon veteran Dave Limp to speed up space company Blue Origin

Economic Times

Economic Times · 1y ago

Jeff Bezos taps Amazon veteran Dave Limp to speed up space company Blue Origin

Jeff Bezos has appointed Amazon veteran Dave Limp to accelerate the growth of his space company Blue Origin. Limp, who currently oversees Amazon's devices and services, will now take on the additional role of CEO of Blue Origin. The move comes as Bezos plans to step down as Amazon CEO to focus on other ventures, including Blue Origin's ambitious space exploration plans.

Jeff Bezos says he wants '2 kids in a dorm room' to be able to make the next great space company

Business Insider

Business Insider · 11m ago

Jeff Bezos says he wants '2 kids in a dorm room' to be able to make the next great space company

Jeff Bezos wants Blue Origin, his space exploration company, to make space travel affordable enough that "two kids in a dorm" can create the next space mega-company. Bezos made the comment during a tour of the Blue Origin production facility and launch pad in Florida. He emphasized that the problem to be solved is the cost of space travel, not the technology. Bezos believes that making space travel more accessible will lead to entrepreneurial opportunities and innovations. He also mentioned that his primary focus is now on Blue Origin, after stepping down from his role as Amazon CEO.

Jeff Bezos says going on his first spaceflight felt like attending his own memorial service

Business Insider

Business Insider · 1y ago

Jeff Bezos says going on his first spaceflight felt like attending his own memorial service

Jeff Bezos described his first spaceflight experience with Blue Origin as attending his own memorial service. He mentioned that before the flight, his friends and family were visibly nervous, saying goodbye to them as if it could be forever. Despite not feeling nervous himself, Bezos could sense their anxiety and described it as an emotionally powerful moment. The entire launch and flight lasted only 11 minutes. Bezos stepped down as Amazon CEO to focus on his pursuit of space travel through Blue Origin.

Jeff Bezos says the main reason he left Amazon was to focus on Blue Origin

Business Insider

Business Insider · 1y ago

Jeff Bezos says the main reason he left Amazon was to focus on Blue Origin

Jeff Bezos left his post as Amazon CEO to dedicate more time and energy to his rocket company, Blue Origin. He stated that he wanted to add urgency and focus to the company. Bezos, who founded Amazon in 1994, stepped down as CEO in July 2021 but remained the executive chairman. He emphasized that as CEO of a publicly traded company, Amazon required his full attention, making it difficult to manage both ventures effectively. Bezos now spends most of his time at Blue Origin and claims to have never worked harder.

Can Jeff Bezos match Elon Musk in space?

Livemint

Livemint · 7m ago

Can Jeff Bezos match Elon Musk in space?

Blue Origin, Jeff Bezos's space company, is set to launch its New Glenn rocket, marking its first orbital mission after nearly 25 years. This ambitious step contrasts Blue Origin's traditionally slow approach with SpaceX's rapid advancements. While Bezos has grand visions for space colonization, challenges have included old-school management and being too well-funded. Recent leadership changes aim to accelerate progress, positioning Blue Origin as a potential competitor in the burgeoning space industry.

Trump's space budget reflects influence of Elon Musk and SpaceX

Economic Times

Economic Times · 3m ago

Trump's space budget reflects influence of Elon Musk and SpaceX

President Donald Trump's 2026 budget significantly boosts federal spending on space, favoring Elon Musk's SpaceX and potentially benefitting Jeff Bezos' Blue Origin. The plan increases Pentagon funding for a missile defense system and NASA's lunar and Mars missions, aligning with SpaceX's strategies. While boosting SpaceX's opportunities, it also proposes cuts to NASA's current programs involving Boeing and Lockheed Martin, sparking debate over the influence of Musk's ties to the Trump administration.

Jeff Bezos prepares to close the gap in his space race with Elon Musk

Economic Times

Economic Times · 8m ago

Jeff Bezos prepares to close the gap in his space race with Elon Musk

Elon Musk and Jeff Bezos, two of the world's wealthiest individuals due to their technology companies, are engaged in a space race. Bezos' company, Blue Origin, is set to launch the New Glenn rocket, while Amazon's Project Kuiper aims to challenge SpaceX's Starlink network for internet access from space. Although Bezos has not yet achieved much commercial success in space, his investments in Blue Origin and Project Kuiper indicate a new chapter in the rivalry between the billionaires. However, SpaceX's dominance in the space industry, with its revolutionary technology and successful launches, gives Musk a significant advantage.

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