Wall Street Jedi
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
Wall Street Jedi
No Result
View All Result
Home Investing

Bezos sees no threat from Musk-Trump ties in space race

by
January 13, 2025
in Investing
0
Bezos sees no threat from Musk-Trump ties in space race
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

By Joey Roulette

CAPE CANAVERAL, Florida (Reuters) -Jeff Bezos in an interview with Reuters on Sunday said he does not think SpaceX CEO Elon Musk will use his close ties with U.S. President-elect Donald Trump to undercut his space company Blue Origin, adding he feels “very optimistic” about the incoming administration’s space agenda.

“Elon has been very clear that he’s doing this for the public interest and not for his personal gain. And I take him at face value,” said Bezos, founder of Blue Origin which rivals SpaceX in the space industry.

Bezos is in Cape Canaveral, Florida for the debut launch of Blue Origin’s New Glenn, a 30 story-tall rocket that is expected to chip away at SpaceX’s market dominance and kick start Blue Origin’s long-delayed entrance in the satellite launch business.

Musk, who spent more than a quarter billion dollars to help elect Trump, has had the president-elect’s ear on space matters and last month said the U.S. should send missions straight to Mars instead of going to the moon first, raising industry concerns of a major shakeup to NASA’s space exploration program.

“My own opinion is that we should do both – we need to go to the moon and we should go to Mars,” Bezos said when asked if he was concerned about changes to NASA’s moon program.

“What we shouldn’t do is start and stop things. We should continue with the lunar program for sure,” Bezos said.

Trump in his second term is expected to make sweeping changes to NASA’s moon program and focus heavily on sending missions to Mars.

This post appeared first on investing.com
Previous Post

Australia’s Premier eyes worst session in nearly 5 years on bleak retail outlook

Next Post

Goldman Sachs now expects two Fed rate cuts this year, down from three

Next Post
Goldman Sachs now expects two Fed rate cuts this year, down from three

Goldman Sachs now expects two Fed rate cuts this year, down from three

  • Trending
  • Comments
  • Latest
American creating deepfakes targeting Harris works with Russian intel, documents show

American creating deepfakes targeting Harris works with Russian intel, documents show

October 23, 2024
Cadence raises midpoint of 2024 profit forecast on robust demand from chip designers

Cadence raises midpoint of 2024 profit forecast on robust demand from chip designers

October 28, 2024
Israel stocks lower at close of trade; TA 35 down 0.23%

Israel stocks lower at close of trade; TA 35 down 0.23%

October 6, 2024
Takeaways from the start of a Fed rate-cutting cycle

Takeaways from the start of a Fed rate-cutting cycle

October 12, 2024
Boeing would avoid guilty plea, prosecution over 737 Max crashes in possible DOJ deal

Boeing would avoid guilty plea, prosecution over 737 Max crashes in possible DOJ deal

0
Retailers scramble to move billions in cargo as East Coast dockworkers prepare to strike

Retailers scramble to move billions in cargo as East Coast dockworkers prepare to strike

0
PepsiCo to buy tortilla chip maker Siete Foods for $1.2 billion

PepsiCo to buy tortilla chip maker Siete Foods for $1.2 billion

0
East and Gulf coast ports shut down as thousands of workers go on strike

East and Gulf coast ports shut down as thousands of workers go on strike

0
Boeing would avoid guilty plea, prosecution over 737 Max crashes in possible DOJ deal

Boeing would avoid guilty plea, prosecution over 737 Max crashes in possible DOJ deal

May 17, 2025
Cava revenue beats estimates as Mediterranean chain reports double-digit same-store sales growth

Cava revenue beats estimates as Mediterranean chain reports double-digit same-store sales growth

May 16, 2025
Nvidia says it is not sending GPU designs to China after reports of new Shanghai operation

Nvidia says it is not sending GPU designs to China after reports of new Shanghai operation

May 16, 2025
Reddit co-founder Alexis Ohanian takes minority stake in Chelsea FC women’s team

Reddit co-founder Alexis Ohanian takes minority stake in Chelsea FC women’s team

May 16, 2025

Recent News

Boeing would avoid guilty plea, prosecution over 737 Max crashes in possible DOJ deal

Boeing would avoid guilty plea, prosecution over 737 Max crashes in possible DOJ deal

May 17, 2025
Cava revenue beats estimates as Mediterranean chain reports double-digit same-store sales growth

Cava revenue beats estimates as Mediterranean chain reports double-digit same-store sales growth

May 16, 2025
Nvidia says it is not sending GPU designs to China after reports of new Shanghai operation

Nvidia says it is not sending GPU designs to China after reports of new Shanghai operation

May 16, 2025
Reddit co-founder Alexis Ohanian takes minority stake in Chelsea FC women’s team

Reddit co-founder Alexis Ohanian takes minority stake in Chelsea FC women’s team

May 16, 2025

Disclaimer: WallStreetJedi.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 wallstreetjedi.com | All Rights Reserved

No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock

Copyright © 2025 wallstreetjedi.com | All Rights Reserved