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Key Facts about Blue Origin and SpaceX
Christian Davenport, a reporter for the Washington Post, has released a new book titled Rocket Dreams: Musk, Bezos, and the Inside Story of the New, Trillion-Dollar Space Race, detailing the ambitions of Jeff Bezos’s space company, Blue Origin. In the book, Bezos asserts that Blue Origin could grow to be worth between $2 trillion to $4 trillion, potentially outgrowing Amazon, which is currently valued at $2.4 trillion and generates annual revenues of $670 billion.
Founded in 2000, Blue Origin launched its first rocket in 2015, initially lagging behind SpaceX. Analysts estimate Blue Origin’s current value between $50 billion to $100 billion, with aspirations to secure government contracts that have propelled SpaceX’s success. The company has recently launched its first orbital-class rocket, New Glenn, and aims to increase its competitive edge in the rapidly evolving commercial space industry.
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