Jeff Bezos is the richest he’s ever been. The Amazon founder’s net worth soared to an all-time high of $228 billion on Wednesday, per Bloomberg’s Billionaires Index. Amazon’s stock reached its own record high on Wednesday, fueling Bezos’ wealth jump. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on…
Amazon founder Jeff Bezos has sold another major chunk of shares of the e-commerce company. According to a recent regulatory filing (seen by GeekWire), Bezos has sold over $3 billion worth of Amazon shares. The latest stock sale brings the total for the year to over $13 billion worth of Amazon stock that he has…
Amazon founder Jeff Bezos recently sold over $3 billion worth of Amazon shares, adding to a total of $13 billion in stock sales this year. A regulatory filing obtained by GeekWire reveals that this latest transaction involved more than 16 million shares. The timing aligns with Amazon’s stock price nearing $200 per share, a level…
Starbucks headquarters at Starbucks Center on July 3, 2024 in Seattle, Washington.Image: David Ryder (Getty Images) Starbucks (SBUX) has warned its corporate staff that failing to work in the office three days a week could lead to termination. The mandate is part of the coffee chain’s “standardized process,” set to launch in January, according to…
Jeff Bezos’s newspaper The Washington Post decided not to endorse a presidential candidate. The billionaire has been less prominent in the election than Elon Musk — but still has much at stake. Bezos’s Blue Origin is working with NASA and the Pentagon as it plays catch-up with Musk’s SpaceX. Thanks for signing up! Access your…
New Delhi: Billionaire Elon Musk’s SpaceX and Amazon founder Jeff Bezos’ space venture Blue Origin is expected to make crucial launches to space on Sunday. SpaceX will make the fifth test flight of the 400-foot-tall Starship rocket along with the Heavy booster — the world’s largest and most powerful rocket. Blue Origin, on the other…
As NASA plans to decommission the International Space Station (ISS) by the end of the decade, the next generation of orbital enterprise prepares to launch. Rocket-builder Blue Origin is aiming to have the first commercial space station—a solar-powered, “mixed-use business park” called Orbital Reef—operational by 2030. Floating 311 miles above the Earth, the 29,300-cubic-foot installation…
Photo: Josh Edelman (Getty Images) In This Story Meta co-founder and CEO Mark Zuckerberg is now the second-richest person in the world, according to the Bloomberg Billionaires Index. Donald Trump and Kamala Harris are neck-and-neck with crypto voters, Coinbase poll says With a net worth of $206 billion — driven higher by a recent rally…
In the universe of space investing, SpaceX is the leader. Valued at just $10 billion in 2015, when Fidelity and Google made their genius $1 billion investment in the company to help get Starlink started, SpaceX stock soared to reach $210 billion in total market capitalization earlier this year. That’s a 20x return in under…
China is aiming to loosen Elon Musk’s lock on reusable launch vehicles — and close a yawning technology gap with the US. Beijing is turning to aerospace startups and state-owned enterprises alike to develop an edge in rockets that can be used dozens of times to lift satellites into low-Earth orbit. One company trying to…