AUS
NZ
UK
CA
USA
IND
Amazon (NASDAQ:AMZN, AMZN:US) boss Jeff Bezos is ready to travel to outer space on the first crewed flight of his aerospace company, Blue Origin.
Mr Bezos is reportedly set to be joined by his younger brother, Mark Bezos, on this journey.
Informing his fans on Instagram, the e-commerce giant founder wrote that ever since he was a five-year-old kid, he had dreamt of travelling to space.
The flight, scheduled for July 20, 2021, will make Mr Bezos the first billionaire business tycoon to experience a ride aboard the self-funded rocket.
Richard Branson, who is the owner of space company Virgin Galactic, is also set to travel to space. His journey, however, is expected to take place later this year.
Tesla and Space X owner Elon Musk, meanwhile, is yet to announce any travel plans to space.
All You Need To Know About Blue Origin Flight
Blue Origin is readying a six-seater capsule and a 59-foot rocket that will reach more than 60 miles above the earth. The flight was scheduled after six years of extensive testing of the rocket-and-capsule, which will be known as New Shephard.
The New Shepard rocket-and-capsule will reportedly enable the passengers to experience a few minutes of weightlessness after entering the planet’s suborbital space. The passengers will then be able to see the earth's curvature before heading back down, as per reports.
So far, the company has not announced the prices of regular tickets for such space travels, but it has said that one seat will be given to the winner of an ongoing auction process.
Blue Origin had started this bidding process in May. According to reports, the bidding reached US$ 2.8 million as on Monday morning, June 7. The bidding process will last until Thursday and conclude on Saturday, June 12.
Amazon (NASDAQ:AMZN) Stock Performance
At market open on Monday, Amazon stock was trading at US$ 3,201.09 apiece (10:15AM EST). It holds a market cap of US$ 1.6 trillion and its debt-to-equity ratio sits at 0.82.
1-year chart of stock performance, volume and moving average exponential of Amazon (Source: EODHD/Others)
The e-commerce giants offers a return on equity and return on assets at 31.2 per cent and 9.64 per cent, respectively.
Amazon’s operating cash flows increased to US$ 67.2 billion in the first quarterly results of 2021, reflecting a jump of 69 per cent year-over-year (YoY).
Its net income increased to US$ 8.1 billion in the latest quarter, while its diluted earnings per share climbed to US$ 15.79.
The above constitutes a preliminary view and any interest in stocks should be evaluated further from an investment point of view. The reference data in this article has been partly sourced from EODHD/Others.
