Jeff Bezos News

ALSO READ: Jeff Bezos's Blue Origin to launch rocket Big Shepard for the first time since accident " ...I was always very keen to become an astronaut...after my flying in India and abroad, I started looking for opportunities where the original dream can come alive. That is when I got the opportunity with Blue...NH24 is scheduled and we will be going to lower earth orbit in the near future," he said. Thotakura also spoke about his career in aviation.

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Much about billionaire philanthropist MacKenzie Scott’s giving remains a mystery, but a recent round of grants to nonprofits offer some insights

Jeff Bezos is expanding his real estate portfolio with a third mansion on South Florida's exclusive Indian Creek island. As reported by Bloomberg, the founder of Amazon.com Inc. has reportedly agreed to pay around $90 million in an off-market deal for a six-bedroom home in the Miami-area enclave.

Moon Train." Spearheaded by aerospace giant Northrop Grumman and supported by the US Department of Defence, this visionary endeavor aims to facilitate the seamless transportation of both goods and people across the lunar surface, heralding a new era of human presence and economic activity beyond Earth, as per a report by The Sun.

Quiver Quantitative — Boeing (NYSE:BA) (BA) is exploring the sale of at least two defense business units amidst its significant ongoing crisis. The aircraft manufacturer has engaged financial advisers to find potential buyers for some of its smaller units, a move that began roughly a year ago and not directly triggered by the recent accident on January 5, which has drawn extensive scrutiny towards Boeing.

artificial intelligence has sparked a gold rush into AI-themed ETFs, as investors seek fresh ways to play the burgeoning technology following breathtaking rallies in market darlings such as Nvidia. The funds run the gamut from those offering a bouquet of the biggest AI winners to more esoteric themes such as robotics and sound generation. All told, the universe of AI-themed ETFs traded in the United States has soared to $6.88 billion as of the end of February from $2.55 billion a year earlier, Morningstar data showed.

By Suzanne McGee

By Stephanie Kelly

Elon Musk, the CEO of Tesla and owner of X (formerly Twitter), has experienced a significant decrease in his wealth this year. According to the Bloomberg Billionaire's Index, Musk's fortune has plummeted by almost 40 billion dollars since the beginning of 2024, bringing his net worth to $189 billion. This decline has pushed him down to the third spot on the list of the world's richest individuals, behind Bernard Arnault of Louis Vuitton and Jeff Bezos of Amazon. Bezos briefly overtook Musk but was later replaced by Arnault. The primary reason for Musk's financial setback is attributed to the decline in Tesla's share price, which has dropped by nearly 29% this year. Additionally, a Delaware court rejected a $55 billion compensation package for Musk, further contributing to his wealth reduction.

Elon Musk is no longer the world’s richest person. Musk lost his position atop the Bloomberg Billionaires Index to Jeff Bezos after shares in Tesla Inc. tumbled 7.2% on Monday. Musk now has a net worth of $197.7 billion; Bezos’ fortune is $200.3 billion.

Twitter are suing Elon Musk and X Corp., saying they are entitled to a total of more than USD 128 million in unpaid severance payments. Twitter's former CEO Parag Agrawal, Chief Financial Officer Ned Segal, Chief Legal Counsel Vijaya Gadde and General Counsel Sean Edgett claim in the lawsuit filed Monday that they were fired without a reason on the day in 2022 that Musk completed his acquisition of Twitter, which he later rebranded X. Because he didn't want to pay their severance, the executives say Musk «made up fake cause and appointed employees of his various companies to uphold his decision.»

ChatGPT-maker OpenAI is looking to fuse its artificial intelligence systems into the bodies of humanoid robots as part of a new deal with robotics startup Figure

Investing.com -- U.S. stock futures tick marginally lower ahead of a busy day that will feature much-anticipated results from AI-darling Nvidia (NASDAQ:NVDA) and minutes from the Federal Reserve's January gathering. Elsewhere, Amazon (NASDAQ:AMZN) founder Jeff Bezos sells a fresh batch of shares in the e-commerce behemoth, bringing the proceeds from a raft of recent stock sales to $8.5 billion.

Investing.com -- U.S. stock futures pointed to a mixed opening on Wall Street after equities advanced in the prior session. Coinbase (NASDAQ:COIN) reports better-than-anticipated earnings in the fourth quarter thanks to a jump in activity on the crypto exchange following the approval of exchange-traded funds tracking the spot price of Bitcoin. Meanwhile, Jeff Bezos sells a further $2 billion in Amazon (NASDAQ:AMZN) shares and Nike (NYSE:NKE) reportedly plans to lay off 2% of its workforce.

Jeff Bezos didn’t wait long to start cashing in on Amazon.com Inc.’s rally to start the year. Less than two weeks after disclosing a plan to dispose of as many as 50 million shares of the company he founded, Bezos has offloaded 24 million shares, worth more than $4 billion. The sales, revealed in regulatory filings, took place over just four trading days. The world’s second-richest person previously hadn’t sold stock since 2021.

over the next 12 months. However, the second richest man on earth sold nearly half of it in just four days. Amazon's share price performance, which saw a 13% increase earlier this year.

Amazon's founder (NASDAQ:AMZN) Jeff Bezos continues selling some of his shares in the e-commerce giant, having disposed of additional $2B+ worth of stock, according to the latest filing with the SEC.

Jeff Bezos has filed a statement with federal regulators indicating his sale of nearly 12 million shares of Amazon stock worth more than $2 billion

(Reuters) — Amazon.com (NASDAQ:AMZN) founder Jeff Bezos sold around 12 million shares of the online retail and cloud services firm for roughly $2 billion, according to a company filing on Friday, soon after laying out a plan to sell his shares over the next year.

(Reuters) — MacKenzie Scott, ex-wife of Amazon.com (NASDAQ:AMZN) billionaire Chief Executive Jeff Bezos, sold 65.3 million shares in the ecommerce giant last year, Bloomberg News reported on Friday.