Dentistry cover and dental Information about Dentist around the world Related Articles
Jeff Bezos believes his space company Blue Origin will one day be a bigger company than Amazon.
“I think it’s going to be the best deal I’ve ever been in, but it’s going to take time,” Bezos said Wednesday at the New York Times’ DealBook Summit.
Amazon, which Bezos founded in 1994, has a market value of about $2.3 trillion. Blue Origin, which Bezos founded in 2000, has never disclosed its valuation. Bezos owns and funds Blue Origin solely through sales of his Amazon stock.
Bezos admitted that the space company is “not a very good business yet,” referring to Blue Origin CEO Dave Limp’s question about whether the space company was “a hobby or a business.”
Limp, a former Amazon executive, consulted with Bezos before taking the top job at Blue Origin earlier this year. He took over at a time when the company, considered a rival to Elon Musk’s SpaceX, has fallen behind its competitor due to delays and setbacks.
Blue Origin has been transporting tourists and scientists to the edges of space on short trips for years, including Bezos himself. The company’s projects range from rockets and spacecraft to space stations and lunar landers. Its next big milestone is launching the giant New Glenn rocket into orbit, something Bezos says the company is “very, very close” to attempting.
Bezos praised SpaceX as a “very good competitor” in the space industry. Like OpenAI CEO Sam Altman earlier in the day, Bezos noted that he is not concerned about Musk’s close relationship with President-elect Donald Trump.
“I accept what has been said … (that Elon Musk) will not use his political power to benefit his companies or harm his competitors,” Bezos said.
IS ITEM originally published in English by Michael Sheetz for our sister chain CNBC.com. For more from CNBC log on here.
