Proud For Profits
  • Investing
  • Stock
  • Latest News
  • Economy
  • Investing
  • Stock
  • Latest News
  • Economy
No Result
View All Result
Proud For Profits
No Result
View All Result
Home Stock

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

by
January 13, 2025
in Stock
0
Bezos sees no threat from Musk-Trump ties in space race

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

Trump tariffs and the freight industry: Stifel weighs in

Next Post

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

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

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

Enter Your Information Below To Receive Trading Ideas and Latest News

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Popular News

    ‘Ultra-right’: Trump budget chief pick Russell Vought faces fire from Dem senators

    ‘Ultra-right’: Trump budget chief pick Russell Vought faces fire from Dem senators

    January 23, 2025
    ‘Totally prepared’: Trump allies say he’s better positioned than ever to enact agenda

    ‘Totally prepared’: Trump allies say he’s better positioned than ever to enact agenda

    January 23, 2025
    Cisco Systems’ Stock Keeps Hitting All-Time Highs: Investment Tips to Maximize Your Success

    Cisco Systems’ Stock Keeps Hitting All-Time Highs: Investment Tips to Maximize Your Success

    January 23, 2025
    Track all markets on TradingView

    About Proud For Profits

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

    Main Categories

    • Investing
    • Stock
    • Latest News
    • Economy

    Latest News

    • ‘Ultra-right’: Trump budget chief pick Russell Vought faces fire from Dem senators
    • ‘Totally prepared’: Trump allies say he’s better positioned than ever to enact agenda
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 proudforprofits.com | All Rights Reserved

    No Result
    View All Result
    • Investing
    • Stock
    • Latest News
    • Economy

    Copyright © 2025 proudforprofits.com | All Rights Reserved