Blue Origin Rocket Grounded
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Amazon payments to Bezos’ Blue Origin reach $1.8B as shareholders cite conflicts of interest
Amazon paid about $1.8 billion last year to Blue Origin, the aerospace company owned by its founder and board chair Jeff Bezos — nearly triple the amount the year before — as shareholders weigh a proposal citing his business interests outside Amazon as potential conflicts of interest.
Valued at $2.4 trillion, raking in $670 billion in annual revenue and earning $70.6 billion profit on it (according to data from S&P Global Market Intelligence), Amazon.com (NASDAQ: AMZN) ranks as the fifth-largest American company by market capitalization ...
So, Blue Origin is developing these modules that can handle heavy AI tasks way up in orbit. This is a direct challenge to what SpaceX is doing with its Starlink satellites, trying to add more computing power to them.