From Business Insider · Theron Mohamed · · 1m
Musk praises Bezos for $28bn Blue Origin bet
Elon Musk applauds Jeff Bezos for investing nearly $30 billion of his own wealth into his spaceflight company Blue Origin.
In brief
Elon Musk applauds Jeff Bezos for investing nearly $30 billion of his own wealth into his spaceflight company Blue Origin. Elon Musk publicly praised Jeff Bezos for personally investing twenty eight billion dollars in Blue Origin since its founding in two thousand. Originally reported by Business Insider.
Musk hails Bezos space investment
Elon Musk replied Bravo on X after Jeff Bezos told Fox News he has personally invested twenty eight billion dollars in Blue Origin since founding it in two thousand.
“Bravo! I'm glad @JeffBezos cares so much about space.”
Blue Origin raises $10bn externally
Bezos, worth two hundred eighty five billion dollars as of Wednesday's close, said Blue Origin had just raised more than ten billion dollars in its first external funding round.
IPO expected in several years
Bezos told Fox News he expects Blue Origin to become a public company at some point, but its IPO will be several years from now.
“I see the financial future of Blue with some clarity now, and I didn't really want to take outside investors until I was sure it would be a good investment for them.”
What it means
Elon Musk publicly praised Jeff Bezos for personally investing twenty eight billion dollars in Blue Origin since its founding in two thousand.
