Bezos's Blue Origin: A Bold Vision for the Future of Space

Jeff Bezos' Blue Origin Set to Revolutionize Space Travel

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Dec 05, 2024
Summary
  • Aiming to Surpass Amazon, Blue Origin Leads with Reusable Rockets and Lunar Missions ahead of SpaceX
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The Amazon founder Jeff Bezos is taking his space venture hobby to another level. Speaking at The New York Times' DealBook Summit, Bezos emphasized that while Blue Origin isn't currently the best business, it has the
potential to surpass even his $2.3 trillion Amazon empire. Bezos takes his Blue Origin seriously by selling his Amazon stocks to fund Blue Origin.

The company's vision is to enable a future where millions of people are living and working in space for the benefit of Earth. Here are the projects of Blue Origin:

  • New Shepard: It's a spacecraft for the purpose of space tourism and space research. The rocket is reusable, can land vertically after launch, and has ferried passengers and the company's billionaire founder, Jeff Bezos himself. Its reusability reduces the general cost of space travel to minimum cost.
  • New Glenn: A rocket vehicle currently under development, aimed at carrying payloads to orbit.
  • Blue Moon: It is a lunar lander intended to fulfill humanity's curiosity about being present on the moon.
  • Orbital Reef: A planned space station to support commercial space activities.

At the moment Space X run by Elon Musk has more flights and has more projects in comparison with Blue Origin which still experience setbacks and delays.

However, Blue Origin offers higher safety, cheaper cost, and lunar landing. Also, Blue Origin has more successfully test flights and escape system tests and its BE-4 engines are a breakthrough and already used in other rockets.

The space race is stiff with other players in the field include Lockheed Martin, Virgin Galactic and many more trying to alter the future of human development and history in outer space.

Disclosures

I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours. Click for the complete disclosure