Jeff Bezos is Going to Space 🚀

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.

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