Equities

Reuters details how Bezos throwing cash, engineers at rocket program as space race accelerates

Reuters details how Bezos throwing cash, engineers at rocket program as space race accelerates

In an in-depth report, Reuters detailed how Amazon’s founder Jeff Bezos was beefing up teams of engineers at his private space company Blue Origin and intensifying efforts to meet what insiders call a “very aggressive” 2020 target for the launch of its heavy rocket. Mounting a successful test in 2020 would give Blue Origin its best shot at fending off competing rockets and new ones expected to enter the market in the next few years, analysts said.