Categories
GeekWire

Analyst sees Jeff Bezos as ’emerging force’ in space

Amazon's Jeff Bezos
Amazon billionaire Jeff Bezos takes questions in front of Blue Origin’s mock-up for the New Shepard spaceship’s crew capsule. (GeekWire Photo / Kevin Lisota)

The news of the day is all about Amazon founder Jeff Bezos’ philanthropic efforts, but on the business side of things, an influential financial analyst argues that the world’s richest man is an “emerging force” with the financial muscle to advance the global space industry — and Amazon as well.

In a note to investors, Morgan Stanley analyst Adam Jonas and his colleagues say Bezos’ Blue Origin venture, as well as Amazon, should be included along with Elon Musk’s SpaceX and more than 100 other firms as key participants in a commercial space race.

Jonas writes that investors may want to pay far more attention to Bezos’ space efforts, which the billionaire has said is the “most important work that I’m doing.”

Get the full story on GeekWire.

By Alan Boyle

Mastermind of Cosmic Log, contributing editor at GeekWire, author of "The Case for Pluto: How a Little Planet Made a Big Difference," president of the Council for the Advancement of Science Writing. Check out "About Alan Boyle" for more fun facts.

Leave a Reply