Jeff Bezos is Going to Space ๐Ÿš€

Jeff Bezos is Going to Space

Ever since he was 5 years old, he dreamed of travelling to space. Now, at 57 years old, the second richest man in the world is making his dream a reality. Jeff Bezos is flying to space aboard the New Shepard, a rocket ship created by his space flight company, Blue Origin. Bezos is set to shoot for the stars on Blue Origin’s first human trip to space on July 20th, 15 days after he is scheduled to resign as the CEO of Amazon.

Bezos will be the first of the wealthy space titans to ride in the technology he has spent millions of dollars creating. Even Elon Musk, whose SpaceX company is estimated to be valued at $74 billion, has not declared intentions to journey to space in one of his company’s rocket ships. Richard Branson, the British billionaire who owns the spaceflight company Virgin Galactic, has previously said he would be one of the first passengers aboard Virgin Galactic’s spacecraft, but that flight isn’t expected until later in the year.

If you’re wondering how much you’d have to cough up to get your hands on a ticket to space, Blue Origin hasn’t yet announced how much tickets will sell for. However, one seat will be given to the winner of a month-long auction. Bidding for the ticket reached as high as $3.2 million on Monday.

The space flight industry is heating up as humans look to the heavens for another place to call home. While discussing why he created Blue Origin, Bezos said, “I’m pursuing this work because I believe if we don’t, we will eventually end up with a civilization of stasis, which I find very demoralizing.”

I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.

Share:

More Posts

Get your daily Invstr Crunch

Get the market news and updates you need, delivered to your inbox or available on our daily podcast.

Risk Disclosure:

Invstr is not a bank and banking services are provided by Vast Bank, N.A.

Brokerage and Banking services are currently only available to U.S. residents.

Invstr app and web services are provided by Invstr Ltd. Advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC) details of which can be obtained here. Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value.

Investing involves risk and can lead to losses. Past performance does not guarantee future results.

Invstr app and web services are provided by Invstr Ltd. Invstr+ advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC). Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value. Vast Bank N.A. a nationally chartered bank and member of the FDIC, provides the banking products, including the products and services related to digital asset accounts. As with any asset, the value of Digital assets can go up or down and there can be a substantial risk that you lose money buying or holding digital assets. You should carefully consider whether trading or holding Digital assets is suitable for you in light of your financial condition. Your digital account does not support wallet to wallet transferring of your digital assets (i.e. cryptocurrencies) outside the platform. Any Digital Assets in your digital asset account are not insured by any government entities, including but not limited to FDIC or SIPC. The Invstr Visaยฎ Debit Card is issued by Vast Bank, N.A. pursuant to a license from Visa U.S.A Inc and may be used everywhere Visa debit cards are accepted. Invstr Ltd, Invstr Financial LLC and Invstr Securities Ltd are subsidiaries of Marketspringpad Holdings (collectively “Invstr”) and Invstr is solely responsible for the application services and website content.

Watchlists provided when users first access the service are not a recommendation to invest. Instead they are provided to help users better navigate the service. Users are free to edit and create their own watchlists. From time to time, Invstr will suggest instruments solely based on an individual’s interest and the interest levels of the Invstr community.The statistical and portfolio builder models generated by Invstr do not reflect actual investment results and are not guarantees of future results.Comments provided by Invstr leaders, influencers or members of the Invstr Community are not recommendations and should not be construed as such.Invstr does not endorse the content or the positions posted by them. Their investment approach, and that of the models provided by Invstr, may be different from yours and may not be appropriate for you.