Blue origin stock10/27/2022 By comparison, a large chunk of Elon Musk’s wealth comes from Tesla, which is in a far more precarious situation financially.Įlon Musk certainly has the edge in brand awareness and hiring power, but Jeff Bezos now has a record amount of liquid capital. Still one of the world’s most valuable companies, Bezos’ delivery behemoth practically owns the U.S. | Source: Yahoo FinanceĪmazon stock might have taken a big hit lately during the trade war, but it’s unlikely the CEO is too concerned. Amazon Stock Plunges After CEO Dumps Record Amount of Stock Jeff Bezos’ record sale of Amazon stock has coincided with a marked sell-off in AMZN. This latest influx of cash promises to supercharge those plans. While Musk commands the lion’s share of public interest thanks to his charisma and Twitter following, Bezos’ space ambitions are also progressing nicely. In a scenario where the availability of capital was to dry up for SpaceX, the Amazon boss could keep funding Blue Origin himself without the need to go cap in hand to others. The problem is that Jeff Bezos is five times richer. Elon Musk’s Net Worth Barely 1/5 Of BezosĮlon Musk is a very wealthy man. some of his shares in the tech giant that is Amazon. While Musk still captures millennial attention like no other entrepreneur, it is going to be tough for him to hold off Bezos and Blue Origin. Blue Origin is a privately funded American spaceflight and aerospace company owned and. His open rivalry with Jeff Bezos, founder of Amazon and Blue Origin, has also proven. Blue origin stock how to#Blue Origin Has the Cash, Space X Has the BrandĮlon Musk’s SpaceX is no slouch when it comes to attracting capital, as the company announced more than $1 billion in fundraising this year to continue development. As such, many investors might want to know how to buy SpaceX stock. The recent sale of $2.8 billion was a new record even for Bezos, who lost control of roughly $37 billion of AMZN shares in his divorce with ex-wife MacKenzie. The Amazon CEO has made it clear that he plans to keep selling $1 billion every year to fund his space projects. Between SpaceX and Blue Origin, the former is the best known but it might no longer be the best capitalized. Twitter spats and accusations of plagiarism have dogged the relationship, as the space exploration companies of these two billionaires go toe to toe. It is no secret that the Elon Musk and Jeff Bezos are great rivals. Unfortunately for Musk, his greatest rival and the world’s richest man, Jeff Bezos, just sold a record amount of Amazon stock ($2.8 billion) which he can now plunge into his space travel company, Blue Origin.Įlon Musk Rivalry With Bezos Set to Heat Up Again SpaceX’s starship projects appear to be progressing nicely, and the Tesla CEO is dreaming of Mars more fervently than ever. It looks like Elon Musk is having a great week.
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