Amazon.com, Inc. (NASDAQ:AMZN)’s Founder and CEO, Jeff Bezos was interested in the space technologies for decades. Bezos has come up with a startup for space exploration due to his space ambition and in a recent turnaround, this start up will be work with The Boeing Company (NYSE:BA) team to build a Space taxi for NASA. CNBC’s Becky Quick talked about the Wall Street Journal report on CNBC.
Quick reported that the CEO of Amazon.com, Inc. (NASDAQ:AMZN) has added another feather to his cap, by adding space exploration to the well-known online shopping and newspaper business. Bezos has set up an aerospace startup ‘Blue Origin LLC’ in 2000. This company has come with some orbital and suborbital space craft designs.
“[…] The Wall Street Journal report said the Amazon founder startup is part of a bid to deliver astronauts. The firm is called Blue Origin. It’s joining a Boeing team to build the NASA’s space taxi that can carry people to and from the international space station,” Quick said.
Amazon.com, Inc. (NASDAQ:AMZN)’s founders startup has never come into the lime light till date, even though they have come up with some innovative cutting edge space technologies. The reason for non-popularity of organization is mainly due to the fact that most of their work was funded by themselves. But with this co-operative effort to build space taxi for NASA with The Boeing Company (NYSE:BA), they are bound to get some attention.
The part that the Blue Origin might play in this along with Boeing is still under discussion and the details of this might slowly evolve.
Among the shareholders of Amazon.com, Inc. (NASDAQ:AMZN) is Fisher Asset Management, led by Ken Fisher. As of 30 June, 2014, they hold around 2.5 million company shares.
Disclosure: None
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