World’s richest man to Invest More Than $1 Billion in Aerospace Company
World’s Richest Man to Invest More Than $1 Billion in Aerospace Company The world’s richest man, CEO of Amazon, Jeff Bezos, on Monday announced his plan to increase the annual investment in his aerospace company. Bezos said that he would be investing $1 billion a year in his aerospace company, Blue Origin, launched in 2000. Blue Origin is already competing with Virgin Galactic. Also Read: Jeff Bezos net worth : Amazon CEO richest person in history Bezos told the media sources that they need the same dynamism in space that they have witnessed it online from past 25 years. He wants to launch a new age space exploration and for that, they need reusable vehicles. Also ReaD: Treat for Stargazers: Total lunar eclipse alongside a blue moon and a Super Moon Bezos’ aerospace company, Blue Origin, works quite similar to its rival Elon Musk's SpaceX. Blue Origin make rockets, satellite launches, space exploration, and space tourism. But, there is no doubt that Elon Musk’s Space X is ahead of Blue Origin. Space X is already working in the Rocket race from past 6 years. -PTC NEWS
