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 jeff bezos pumps his personal fortune into blue origin
jeff bezos pumps his personal fortune into blue origin

Bezos owns Blue Origin, which is currently developing a reusable rocket that could take passengers on commercial suborbital space flights from as early as next year. "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 at the Space Symposium conference in Colorado on Wednesday. "So the business model for Blue Origin is very robust."Last week, the spaceflight company released the first interior photos of its New Shepard capsule, revealing a spacious cabin with enormous windows. As passengers will be asked to hand over as much as $300,000 for a ticket to space, Bezos and co. believe comfortable recliners -- at least in comparison to SpaceX's Crew Dragon capsule -- and expansive views will make the cost wor

bezos sells $1 bn in amazon stock yearly to pay for rocket firm

In this handout photo from Blue Origin, the rocket prepared for its third successful vertical landing in a test last yearBillionaire entrepreneur Jeff Bezos said he is selling $1 billion in stock of his retail giant Amazon each year to finance his rocket company, Blue Origin, which aims to carry tourists to space by 2018.
Speaking Wednesday at the 33rd Space Symposium in Colorado Springs, Colorado, Bezos vowed to lower the cost of space travel and start taking customers to space by next year.The entrepreneur did not say how much a ticket would cost, as he showed off the New Shepard rocket and a mock-up of the large-windowed capsule that tourists will one day ride to suborbital space—just past the Karman Line some 62 miles (100 kilometers) above Earth—and back.Nor did he say how much of h

jeff bezos sells amazon stock to invest in blue origin

Jeff Bezos at the unveiling of the Blue Origin New Shepard system during the Space Symposium in Colorado Springs, Colorado, on April 5, 2017.  Matthew Staver—Bloomberg/Getty Images(COLORADO SPRINGS, Colo.) - Amazon.com founder Jeff Bezos said on Wednesday he is selling about $1 billion worth of the internet retailer's stock annually to fund his Blue Origin rocket company, which aims to launch paying passengers on 11-minute space rides starting next year.Blue Origin had hoped to begin test flights with company pilots and engineers in 2017, but that probably will not happen until next year, Bezos told reporters at the annual U.S. Space Symposium in Colorado Springs.“My business model right now … for Blue Origin is I sell about $1 billion of Amazon stock a year and I use it to invest in Blue

blue origin releases details of its monster orbital rocket

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Here's a gallery of still images from a launch video of Blue Origin's New Glenn rocket.
Blue Origin
Blue Origin will assemble the New Glenn rocket at a large facility the company is building at Kennedy Space Center.
Blue Origin
Here, New Glenn is being lifted.
Blue Origin
Aerodynamic strakes are shown wiggling.
Blue Origin
New Glenn will take flight from Cape Canaveral Air Force Station's Launch Complex 36.
Blue Origin
Smoke! Fire!
Blue Origin
And here's a view of the large Blue Origin assembly facility at the Cape. Oh, and a launch.
Blue Origin
Stage separation!
Blue Origin
The first stage falls back to Earth.
Blue Origin
A single engine burns to slow its descent.
Blue Origin
It's another company with another b

here’s why the imminent test of jeff bezos’ be-4 rocket engine is a huge deal

Enlarge/ Blue Origin founder Jeff Bezos has an important engine test coming up soon.Win McNamee/Getty ImagesShare this storyKey Blue Origin officials have begun to drop hints about the imminent hot-fire test of the company's new rocket engine, the BE-4. Jeff Bezos recently said to expect a full-scale engine test "in the coming weeks." And last Wednesday the company's director of business development, Brett Alexander, said during a Center for Strategic and International Studies panel discussion the test "was coming soon."For many people, a rocket engine is just a rocket engine. But Blue Origin's new engine is a big deal for a number of reasons, not the least of which is its 550,000 pounds of thrust at sea level, more powerful than a space shuttle main engine, which had 418,000 pounds of thr

blue origin teases more images of its new shepard capsule

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Blue Origin's New Shepard vehicle is a capsule with a view.
Blue Origin
The capsule features six seats and six large windows.
Blue Origin
No spacewalks outside the vehicle, please.
Blue Origin
There's the company's feather logo.
Blue Origin Even as Blue Origin has talked up its ambitions to build a larger New Glenn rocket this year, the company also continues to finalize work on its suborbital space tourism vehicle, New Shepard. On Wednesday, Blue Origin founder Jeff Bezos released some illustrations of what the experience might look like from inside the capsule.The images show six leather, recumbent seats arranged around the interior of the spacecraft, and each seat features a large window view and a small personal view screen to track the flight. P

jeff bezos says nasa should return to the moon, and he’s ready to help

Enlarge/ Jeff Bezos, chief executive officer of Amazon (far left), listens during a technology summit with then President-elect Trump in December, 2016.Drew Angerer/Getty ImagesShare this storyUntil the last year, Jeff Bezos has kept the plans for his rocket company, Blue Origin, largely under wraps. Since then, he has talked about doing suborbital space tourism flights, building an orbital rocket, and now he has begun to open up about ambitions beyond low Earth orbit. And unlike SpaceX and its Mars ambitions, Blue Origin has its focus on the Moon.The Washington Post first reported on the "Blue Moon" concept Thursday evening, which Bezos has articulated in a seven-page white paper sent to NASA leadership and President Trump's transition officials over the last two months. The proposal outl

blue origin has built three new rockets, may begin flying again this summer

Enlarge/ Jeff Bezos speaking at the unveiling of the Blue Origin New Shepard system during the Space Symposium on Wednesday, April 5, 2017.Matthew Staver/Bloomberg via Getty ImagesShare this storyBetween November 2015, and October 2016, the reusable New Shepard rocket and spacecraft made five suborbital flights, surviving some pretty harsh scenarios. But during the last six months, Blue Origin, the semi-secretive rocket company founded by Jeff Bezos, has not flown any new vehicles. So what has it been up to?This week, the company brought the rocket that made those five flights to the Space Symposium in Colorado Springs, Colorado and displayed it along with a mockup of the spacecraft that will eventually begin carrying customers on 11-minute suborbital flights. Bezos said he was not ready t

take a peek inside blue origin's new shepard crew capsule

Blue Origin founder Jeff Bezos provided a sneak peek today into the interior of the New Shepard crew capsule, the suborbital vehicle for space tourism. He released a few images which illustrate what the flight experience might be like on board.

bezos sells $1 bn in amazon stock yearly to pay for rocket firm

Billionaire entrepreneur Jeff Bezos said he is selling $1 billion in stock of his retail giant Amazon each year to finance his rocket company, Blue Origin, which aims to carry tourists to space by 2018.

jeff bezos investit un milliard de dollars par an pour envoyer des touristes dan

Suivre @JeromeMarinSFJeff Bezos n’aurait laissé cet honneur à personne d’autre. Mercredi 5 avril, le patron et fondateur d’Amazon a dévoilé le premier prototype de la capsule qui devrait transporter, dès l’année prochaine, des touristes dans l’espace. Celui-ci a été conçu par Blue Origin, la start-up spatiale qu’il a lancée en 2000. Et qu’il finance depuis avec sa fortune personnelle. Son objectif, a-t-il rappelé en marge du Space Symposium de Colorado Springs, c’est de permettre à « des millions de personnes d’habiter et de travailler dans l’espace ».100 KILOMÈTRESLa capsule de Blue Origin peut transporter jusqu’à six passagers. Tout confort, elle est équipée de sièges en cuir inclinables, d’écrans tactiles et de gigantesques hublots. Le vol suborbital durera une dizaine de minutes, dont

blue origin shows how 'new glenn' rocket will fly and land

At the Satellite 2017 event in Washington DC, Jeff Bezos also revealed that the New Glenn's launch customer with be Eutelsat, a France-based TV, corporate network and mobile communications provider. Blue Origin will launch geostationary satellite for the company sometime in the 2021-2022 timeframe, Eutelsat said in a press release.Bezos said that the company's overall goal is to reduce launch costs via reusability, much like SpaceX. New Glenn will come in two versions -- the one shown in the animation will be a two-stage vehicle that uses multiple BE-4 rockets. Blue Origin will also build a three-stage version that could launch the company's "Blue Moon" cargo lander to the moon. None of the rockets will take off until at least 2020, however.The take-off, flight and landing sequences shown

blue origin spills more beans about new glenn heavy booster

Blue Origin, funded by Amazon’s Jeff Bezos, may have stolen SpaceX’s thunder when it landed the first rocket back to Earth, but Elon Musk’s company still has it beat in one aspect. SpaceX was able to land orbital rockets while Blue Origin still mainly has sub-orbital ones. That, however, is going to change in a little over two years. Blue Origin has revealed that it plans to have its 82-meter tall New Glenn heavy-lift booster before the end of 2019.Blue Origin announced its New Glenn orbital rocket, named after John Glenn, the first American astronaut to orbit our planet, around September last year. It has been rather stingy on the details back then and, even now that it has revealed a few more tidbits, it’s still being less than forthcoming.The New Glenn would measure 82 meters in height

jeff bezos sells $1 bn of stock for space dream

Consumer discretionary lead Wall Street gains, Trump-Xi meet eyedBusiness StandardAmazon CEO is selling the retail giant's stock every year to finance his Blue Origin rocket companyNicholas St Fleur  April 7, 2017 Last Updated at 01:54 ISThttp://mybs.in/2UUt5YW

blue origin’s new engine isn’t good enough for some congressmen

Enlarge/ A Blue Origin BE-4 engine at the company's Kent, Wash.-based factory is readied for transport to a test stand for full-scale testing.Jeff Bezos/TwitterShare this storyIn 2014, the rocket company United Launch Alliance (ULA) entered into an agreement with Blue Origin to jointly fund development of the latter company's BE-4 rocket engine. While ULA didn't commit to using the Blue Origin engine in its next-generation booster, its "significant" investment signaled it was enthused about the innovative rocket engine. However some members of Congress have been pushing ULA to use a different engine, the AR1, being developed by Aerojet Rocketdyne.At the end of February, two US representatives, Mike Rogers of Alabama and Mac Thornberry of Texas, decided to push a little harder. On Feb. 28,

blue origin’s new engine isn’t good enough for some congressmen

Enlarge/ A Blue Origin BE-4 engine at the company's Kent, Washington-based factory is readied for transport to a test stand for full-scale testing.Jeff Bezos/TwitterShare this storyIn 2014, the rocket company United Launch Alliance (ULA) entered into an agreement with Blue Origin to jointly fund development of the latter company's BE-4 rocket engine. While ULA didn't commit to using the Blue Origin engine in its next-generation booster, its "significant" investment signaled it was enthused about the innovative rocket engine. However some members of Congress have been pushing ULA to use a different engine, the AR1, being developed by Aerojet Rocketdyne.At the end of February, two US representatives, Mike Rogers of Alabama and Mac Thornberry of Texas, decided to push a little harder. On Febr

amazon wants to deliver products to the moon

+2,507
Quentyn Kennemer Mar 3rd, 2017We’re still marveling at the thought of drones delivering our Amazon Prime shipments for free, but company owner Jeff Bezos is looking far deeper than we anticipated with this whole delivery thing.The Washington Post — which is a Bezos-owned publication — independently obtained a copy of a white paper from Bezos’ space-oriented company Blue Origin. The 7-page paper acts as an introductory letter of intent to NASA for the company’s blessings in developing systems for delivering items to the moon.Bezos — any many others in the space field — believe we’re closer than ever to returning to the moon after not having been there for over 40 years. There’s a strong belief that attempts to begin settlements on the moon are a real possibility these days, even if

amazon wants to deliver products to the moon

+2,352
Quentyn Kennemer Mar 3rd, 2017We’re still marveling at the thought of drones delivering our Amazon Prime shipments for free, but company owner Jeff Bezos is looking far deeper than we anticipated with this whole delivery thing.The Washington Post — which is a Bezos-owned publication — independently obtained a copy of a white paper from Bezos’ space-oriented company Blue Origin. The 7-page paper acts as an introductory letter of intent to NASA for the company’s blessings in developing systems for delivering items to the moon.Bezos — any many others in the space field — believe we’re closer than ever to returning to the moon after not having been there for over 40 years. There’s a strong belief that attempts to begin settlements on the moon are a real possibility these days, even if

amazon wants to deliver products to the moon

+2,054
Quentyn Kennemer Mar 3rd, 2017We’re still marveling at the thought of drones delivering our Amazon Prime shipments for free, but company owner Jeff Bezos is looking far deeper than we anticipated with this whole delivery thing.The Washington Post — which is a Bezos-owned publication — independently obtained a copy of a white paper from Bezos’ space-oriented company Blue Origin. The 7-page paper acts as an introductory letter of intent to NASA for the company’s blessings in developing systems for delivering items to the moon.Bezos — any many others in the space field — believe we’re closer than ever to returning to the moon after not having been there for over 40 years. There’s a strong belief that attempts to begin settlements on the moon are a real possibility these days, even if

amazon wants to deliver products to the moon

+1,841
Quentyn Kennemer Mar 3rd, 2017We’re still marveling at the thought of drones delivering our Amazon Prime shipments for free, but company owner Jeff Bezos is looking far deeper than we anticipated with this whole delivery thing.The Washington Post — which is a Bezos-owned publication — independently obtained a copy of a white paper from Bezos’ space-oriented company Blue Origin. The 7-page paper acts as an introductory letter of intent to NASA for the company’s blessings in developing systems for delivering items to the moon.Bezos — any many others in the space field — believe we’re closer than ever to returning to the moon after not having been there for over 40 years. There’s a strong belief that attempts to begin settlements on the moon are a real possibility these days, even if

amazon wants to deliver products to the moon

+3,531
Quentyn Kennemer Mar 3rd, 2017We’re still marveling at the thought of drones delivering our Amazon Prime shipments for free, but company owner Jeff Bezos is looking far deeper than we anticipated with this whole delivery thing.The Washington Post — which is a Bezos-owned publication — independently obtained a copy of a white paper from Bezos’ space-oriented company Blue Origin. The 7-page paper acts as an introductory letter of intent to NASA for the company’s blessings in developing systems for delivering items to the moon.Bezos — any many others in the space field — believe we’re closer than ever to returning to the moon after not having been there for over 40 years. There’s a strong belief that attempts to begin settlements on the moon are a real possibility these days, even if

amazon wants to deliver products to the moon

+2,580
Quentyn Kennemer Mar 3rd, 2017We’re still marveling at the thought of drones delivering our Amazon Prime shipments for free, but company owner Jeff Bezos is looking far deeper than we anticipated with this whole delivery thing.The Washington Post — which is a Bezos-owned publication — independently obtained a copy of a white paper from Bezos’ space-oriented company Blue Origin. The 7-page paper acts as an introductory letter of intent to NASA for the company’s blessings in developing systems for delivering items to the moon.Bezos — any many others in the space field — believe we’re closer than ever to returning to the moon after not having been there for over 40 years. There’s a strong belief that attempts to begin settlements on the moon are a real possibility these days, even if

amazon wants to deliver products to the moon

+2,772
Quentyn Kennemer Mar 3rd, 2017We’re still marveling at the thought of drones delivering our Amazon Prime shipments for free, but company owner Jeff Bezos is looking far deeper than we anticipated with this whole delivery thing.The Washington Post — which is a Bezos-owned publication — independently obtained a copy of a white paper from Bezos’ space-oriented company Blue Origin. The 7-page paper acts as an introductory letter of intent to NASA for the company’s blessings in developing systems for delivering items to the moon.Bezos — any many others in the space field — believe we’re closer than ever to returning to the moon after not having been there for over 40 years. There’s a strong belief that attempts to begin settlements on the moon are a real possibility these days, even if

amazon wants to deliver products to the moon

+3,611
Quentyn Kennemer Mar 3rd, 2017We’re still marveling at the thought of drones delivering our Amazon Prime shipments for free, but company owner Jeff Bezos is looking far deeper than we anticipated with this whole delivery thing.The Washington Post — which is a Bezos-owned publication — independently obtained a copy of a white paper from Bezos’ space-oriented company Blue Origin. The 7-page paper acts as an introductory letter of intent to NASA for the company’s blessings in developing systems for delivering items to the moon.Bezos — any many others in the space field — believe we’re closer than ever to returning to the moon after not having been there for over 40 years. There’s a strong belief that attempts to begin settlements on the moon are a real possibility these days, even if

amazon wants to deliver products to the moon

+3,454
Quentyn Kennemer Mar 3rd, 2017We’re still marveling at the thought of drones delivering our Amazon Prime shipments for free, but company owner Jeff Bezos is looking far deeper than we anticipated with this whole delivery thing.The Washington Post — which is a Bezos-owned publication — independently obtained a copy of a white paper from Bezos’ space-oriented company Blue Origin. The 7-page paper acts as an introductory letter of intent to NASA for the company’s blessings in developing systems for delivering items to the moon.Bezos — any many others in the space field — believe we’re closer than ever to returning to the moon after not having been there for over 40 years. There’s a strong belief that attempts to begin settlements on the moon are a real possibility these days, even if

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