Blue Origin successfully raises $10 billion in its first outside investment round

Blue Origin logo

In its first round to raise private investment capital from sources other than Jeff Bezos, Blue Origin has now raised $10 billion, $8 billion from outside investors and $2 billion from Bezos.

Jeff Bezos’s space company, Blue Origin, has raised $10 billion in its first outside financing round, valuing the business at about $140 billion, according to The Wall Street Journal (WSJ). Bezos is contributing a fresh $2 billion of his own money to the round.

That brings Bezos’s cumulative investment in Blue Origin to roughly $30 billion since he founded the company in 2000, with much of the funding coming from sales of his Amazon stock, said WSJ. Additional commitments could still increase the size of the financing round, the newspaper reported.

When Blue Origin announced this funding round in July 2026, its goal was to raise $10 billion. Two months later it appears the company has succeeded in meeting that goal, despite the May 2026 launchpad explosion that has grounded the company’s New Glenn rocket until at least the end of this year.

The success of this funding round is really an endorsement of Blue Origin’s CEO, David Limp, whom Bezos hired in 2023 to replace Bob Smith, who essentially wasted more than five years from 2017 to 2023 accomplishing nothing while putting the company far behind SpaceX. Limp has been pushing to get Blue Origin revitalized, and it does appear he is succeeding. At least, the investment community thinks so.

Hat tip reader Nate P.

4 comments

Blue Origin’s new employee stock options are better, though still inferior to SpaceX’s

Because its old stock options were essentially worthless and a scam that did nothing to retain good employees, Blue Origin is now offering its employees a new stock option plan that while significantly improved, is still apparently inferior to SpaceX’s.

Under the old plan, the options only became real if Blue Origin went public within ten years. As the company never had plans to do so, those options were rubbish. The new plan changes this, but carries other restrictions.

Blue Origin’s new stock options plan, adopted in May, offers more opportunities for employees to cash out, including certain external funding rounds. In addition, it includes several restrictions on how employees can cash in their equity.

Jeff Bezos, still treating employees like serfs
Jeff Bezos, apparently still treating employees like serfs

Under the agreement, Blue Origin employees would never actually own any of the company’s stock. Instead, once their options have vested and are exercised to buy shares during a “liquidity event”— either an IPO, a sale of the company, or certain external funding rounds — those shares are “immediately and mandatorily” repurchased by Blue Origin. Employees get paid for their options at a “fair market value,” which, if Blue Origin hasn’t gone public, is determined by the company.

Most importantly, the plan has one major caveat: If an employee leaves Blue Origin and takes a job elsewhere in the space industry, they will forfeit their options entirely.

The change is certainly an improvement, but it does suggest Blue Origin (and Jeff Bezos) is still unwilling to treat its workers with the same kind of respect as SpaceX, which includes no such rules.

4 comments

Blue Origin to seek private funding beyond Jeff Bezos

For the first time Blue Origin now intends to raise additional outside private funding, $10 billion total, beyond the billions Jeff Bezos has been investing in company for the past decade.

In a memo sent to employees on Wednesday and seen by Business Insider, Blue Origin CEO Dave Limp said the company would raise [$10 billion in] funds at a $130 billion valuation.

…The New York Times’ DealBook earlier reported on the raise and said it is being led by asset management firm Coatue Management with a $2 billion contribution from Bezos.

By my count in 2020, Bezos had pumped somewhere between $2 to $6 billion into Blue Origin, the funds coming from sales of his Amazon stock beginning in 2017. With this new investment round, he will have committed another $2 billion.

Unlike the earlier funding from Bezos, however, this new investment is occurring with Limp as the company’s CEO. When the previous funding occurred the company’s CEO was Bob Smith, who essentially wasted more than five years from 2017 to 2023 accomplishing nothing. No rockets got built, engine development was delayed endlessly, and good engineers were seen fleeing the company. Since Limp took over in 2024 he has aggressively worked to change the moribund culture he inherited from Smith. Under his leadership this funding could really make a difference.

12 comments

Musk’s employee stock options made them millions; Bezos’s employee options were worthless

According to a very intriguing article at Business Insider today, the stock options offered to employees at SpaceX and Blue Origin were starkly different, with SpaceX’s options making millions for its workers while Blue Origin’s were essentially worthless.

Three ex-employees of Jeff Bezos’ rocket maker Blue Origin told Business Insider that the company’s unusual approach to equity left them with stock options that are essentially worthless.

Meanwhile, they’ve watched SpaceX’s dizzying rise to a $2 trillion-plus valuation provide a massive windfall for early hires — from engineers to welders to cafeteria workers — who received stock options during their time at Elon Musk’s company.

Blue Origin’s options were written so that they only could be cashed in if the company went public within ten years. As Bezos has shown zero interest in going public — which would take away his full ownership and control of the company — those options have been steadily expiring as they reach their ten year due date.

At SpaceX however the employee stock options could always be cashed in, even before the company went public. Employees, both current and former, were allowed to sell their stock back to SpaceX or to its investors in private liquidity events that usually occurred twice each year. After the IPO they could now sell the stock on the open market, at the going rate.

The difference is possibly one additional reason the accomplishments of the two companies have been so starkly dissimilar/ SpaceX made sure its employees got a pay off for the long hours it demanded. Blue Origin did not.

9 comments

Blue Origin’s proposed TeraWave constellation: Is it really competition with SpaceX?

TeraWave logo

Blue Origin announced yesterday that it going to build a major satellite constellation — dubbed TeraWave and comprising more than 5,000 satellites — to provide internet service to the globe while also providing data center capability for those companies that wish to establish space-based cloud computing facilities.

It plans to begin launching satellites in 2027.

As I noted in today’s quick links below, such a story would normally merit a full post, “but considering Blue Origin’s inability to get almost anything off the ground, this proposal doesn’t deserve that much coverage at this point.” I just can’t get excited about any Blue Origin proposal, until they actually start launching it. For almost a decade this company has been making these kind of grand announcements, and has only so far managed to achieve one, its New Glenn rocket. And that has come years late and at a pace that is glacial.

Not surprisingly, the mainstream propaganda press immediately went bonkers over this proposal, immediately declaring most absurdly that TeraWave is already a major challenger to SpaceX’s Starlink constellation. Here are just a few very typical examples:

This adulation by the mainstream press of Bezos is far from unusual. For reasons that baffle me, the propaganda press has consistently considered any project proposal coming from a Jeff Bezos’ company to instantly be God’s gift to humanity. For more than a decade now it has been touting Blue Origin as the company that SpaceX needs to beat, flipping reality on its head. Now it ranks Blue Origin’s TeraWave constellation a major Starlink rival, when it is at least two years from even launching its first satellite.

There is one aspect of this story however that does deserve to be highlighted because it appears no one else is noticing it, which is why I after some thought I decided to write this full post. » Read more

12 comments

Bezos releases new video of the New Glenn first stage landing yesterday

Jeff Bezos, founder of Blue Origin, today released on X new footage showing from a distance the full landing sequence of New Glenn’s first stage on a barge in the Atlantic.

I have embedded it below. It is quite spectacular, and suggests the Blue Origin team can match SpaceX’s team in controlling a landing spacecraft. The stage comes down several hundred feet to the side of the barge, hovers, and then slides sideways to touch down exactly on target. As Bezos notes:

We nominally target a few hundred feet away from Jacklyn to avoid a severe impact if engines fail to start or start slowly. We’ll incrementally reduce that conservatism over time.

This is not unlike the landing maneuver performed by Starship prior to capture by the tower chopsticks. If Blue Origin can do it also, it means it has capabilities it has been hiding for the past decade due to its slow and timid testing/launching pace.
» Read more

11 comments

Lawsuit against Amazon for favoring Blue Origin over SpaceX to launch Kuiper satellites gets new hearing

The lawsuit originally filed in 2023 against Amazon because it favored other less reliable rockets, including Blue Origin’s forever-delayed New Glenn, instead of using SpaceX to launch its Kuiper constellation of satellites, got a new hearing yesterday after the suit was dismissed in February.

The suit is now being pursued a pension fund that apparently invested in the Kuiper constellation, and claims Jeff Bezos used his influence to convince Amazon to avoid using SpaceX when it signed launch contracts with ULA, Arianespace, and Blue Origin in 2022, even though none of those rockets were even operational at the time. Even now they appear unable to meet Amazon’s launch requirements.

Amazon has until 2026 to send up the first 1,600 satellites and three more years to launch the next batch. That broader backdrop barely came up during the appeal proceedings, which zoomed in on allegations that the board made no effort to oversee self-dealing by Bezos as he directed billions from Amazon to his own rocket company, Blue Origin, despite SpaceX’s superior capabilities.

Vivek Upadhya, counsel for the pension fund, stressed the “billions of dollars flowing directly from Amazon to a company owned and controlled by Amazon’s CEO and chairman.” The sheer scale of the conflict of interest made the Blue Origin contract “a truly exceptional transaction” requiring attentive board supervision, regardless of the actual role Bezos played in negotiations, according to Upadhya. “Delaware law doesn’t require that directors harbor some innate suspicion” before taking steps to manage conflicts, but the board “failed to lift a finger,” he said.

Following the filing of the 2023 lawsuit, Amazon signed SpaceX to a three-launch contract, which SpaceX has now completed. Meanwhile, only ULA has managed any of the other launches, three also. As for Arianespace and Blue Origin, it is not clear when either will begin doing any Kuiper launches.

It does appear Amazon’s board played favorites here, and did so in a way that was harmful to the company’s bottom line. Whether this can be proved to the satisfaction of the court however is very uncertain.

0 comments

Blue Origin’s CEO lays off 10% of Blue Origin’s workforce to reduce “bureaucracy”

Dave Limp, Blue Origin’s CEO since late in 2023, announced yesterday that the company is laying off 10% of its workforce to in order to reduce the company’s overhead and make it more efficiently run.

From his company-wide email:

We grew and hired incredibly fast in the last few years, and with that growth came more bureaucracy and less focus than we needed. It also became clear that the makeup of our organization must change to ensure our roles are best aligned with executing these priorities. Sadly, this resulted in eliminating some positions in engineering, R&D, and program/project management and thinning out our layers of management.

I think Limp has finally gotten a full handle on the company after a year and a half in charge, and has now begun reshaping it from the five years of bloated and failed inactivity that occurred during the reing of the previous CEO, Bob Smith. Smith tried to turn Blue Origin into another old-fashioned big space company like Boeing or Northrop Grumman, big and slow and inefficient. Thus, nothing happened there from 2017 to 2023. Since Limp took over Blue Origin has begun to function more like SpaceX, and thus has begun to move. These layoff are probably Limp’s first main effort to clean house.

2 comments

A tour of Blue Origin’s New Glenn factory

Tim Dodd of Everyday Astronaut on May 30, 2024 was given a detailed tour by founder/owner Jeff Bezos of Blue Origin’s New Glenn factory at Cape Canaveral.

It is incredible to watch, because for the very first time, Bezos shows us what the company is finally doing to prepare for the first New Glenn launch, targeting no earlier than the end of September. Unlike every other visual shown of this facility in the past, this tour actually shows a factory floor where work is going on.

Much of the backgrounds inside the stages have apparently been put out of focus to protect Blue Origin’s proprietary rights. No matter.

As for the state of the manufacture of the BE-4 engines, Bezos stated that he expects next year to be building one engine every three days. Cross your fingers that he is right.

I have embedded the video of the tour below. Enjoy, and get excited by the competition and capability this rocket will create when it finally starts flying.
» Read more

14 comments

Amazon files to have shareholder lawsuit dismissed

On December 11, 2023 Amazon requested dismissal of a shareholder lawsuit against it for acting in bad faith by excluding SpaceX in its initial launch contracts with ULA, Arianespace, and Blue Origin to put its Kuiper constellation of satellites into orbit.

The lawsuit claimed that the board performed little diligence on the proposed contracts to launch the 3,236-satellite constellation with the Ariane 6, New Glenn and Vulcan Centaur rockets. The combined contracts were, it stated, the second largest capital expenditure in Amazon’s history at the time, trailing only its $13.7 billion acquisition of grocer Whole Foods.

The lawsuit stated that the board and its audit committee spent “barely an hour” reviewing those contracts, including those that would go to Blue Origin and ULA. Blue Origin is owned by Amazon founder and former chief executive Jeff Bezos, while ULA has a contract with Blue Origin to use BE-4 engines on its Vulcan rocket. The suit estimated that nearly 45% of the value of the contracts goes to Blue Origin either directly or through the BE-4 engine contract with ULA.

Amazon’s call for dismissal disputes these claims, stating that the board spent far more time on the issue, and then documents this. Interestingly, it makes no mention of the recent additional launch contract Amazon signed with SpaceX on December 3, 2023, but it is obvious that this filing was timed to occur afterward in order to strengthen Amazon’s case.

Amazon’s response (available at the link above) is heavily redacted, so some of the company’s claims are difficult to assess. For example, if the board did consider the issue of launch contractors properly, the subject of using SpaceX should have come up and been discussed at length. The redactions make it impossible to determine if this was so. If anything, what can be read suggests SpaceX was dismissed as an option far too quickly.

2 comments

Amazon signs launch contract with SpaceX

Amazon on December 1, 2023 announced it has signed a three-launch contract with SpaceX to place its Kuiper satellites into orbit, supplementing the launch contracts it presently has with ULA, Arianespace, and Blue Origin. From the Amazon press release:

SpaceX’s Falcon 9 is a reusable, two-stage launch vehicle designed for the reliable and safe transport of people and payloads into Earth orbit and beyond, and it has completed more than 270 successful launches to date. Project Kuiper has contracted three Falcon 9 launches, and these missions are targeted to lift off beginning in mid-2025.

In 2022 Amazon had signed contracts with the other three launch companies, with ULA getting 38 Vulcan launches (in addition to 9 already signed for its Atlas-5), Arianespace getting 18 Ariane-6 launches, and Blue Origin getting 12 New Glenn launches.

The problem however is that, except for the Atlas-5, none of these rockets has yet completed its first flight. Since Amazon’s FCC license requires it to get half of its constellation of 3,200+ satellites into orbit by 2026 or face penalties, the uncertainty of these rockets has probably forced Amazon management to consider SpaceX, despite likely hostility to such a deal from Jeff Bezos (owner of Blue Origin and founder of Amazon).

Amazon management also probably decided to sign this deal because of a lawsuit filed in September 2023 by company stockholders, accusing the management of neglience because it never even considered SpaceX in earlier contract negotiations while giving favoritism to Bezos’s company Blue Origin. At that time Amazon had already paid these launch companies about $1.7 billion, with Blue Origin getting $585 million, though not one rocket has yet launched, with Blue Origin showing no evidence that a launch coming anytime soon.

The impression of a conflict of interest by Amazon’s board of directors appeared very obvious. This new SpaceX contract weakens that accusation.

More important the deal will help Amazon actually get its satellites into orbit. It appears that reality is finally biting at Amazon, and its management has realized that the three companies they have been relying on might not be up to the job (especially Blue Origin).

12 comments

The reshuffling of Blue Origin’s management continues

With the announcement yesterday that another high level executive was leaving the company — the third in less than a month — Blue Origin does appear to be making major changes in its management as well as its entire organizational structure.

Blue Origin CEO Bob Smith told employees in an email on Friday that Mike Eilola, the company’s senior vice president of operations since 2021, “is leaving the company for personal reasons” on Nov. 3 and will have his unit split into two new organizations.

Eilola’s departure follows plans announced last month by Bezos to replace Smith, who has been Blue Origin’s CEO since 2017, with longtime Amazon executive Dave Limp by the end of the year. And Brent Sherwood, the head of what had been the company’s research and development unit, will depart next month, Reuters has reported.

This is not the only management restructuring. It has also shifted its lunar lander project into its own division, as well as created a new separate division for developing in-space robotic servicing and orbital tug products.

It finally appears that Jeff Bezos is taking action to get his company working again, after more than a half decade of non-achievement since Bob Smith took over in 2017. Hopefully these changes finally will produce results.

7 comments

Bob Smith out at Blue Origin

Though this change probably comes four years late, the CEO of Blue Origin, Bob Smith, announced today that he is resigning from the company, effective at the end of the year.

The company’s incredibly slow implementation of all of its projects, which begun when Smith took over in 2017, has made it something of joke punchline in the space business. Suborbital test flights of its New Shepard spacecraft went from almost monthly test flights to none for years. Its orbital New Glenn rocket is four years behind schedule, and it is still doubtful it will fly next year. And the company’s BE-4 rocket engine was also years behind schedule and even now has caused enormous delays for its one outside customer, ULA, delaying the launch of its Vulcan rocket by at least four years. As noted at the link:

Smith brought a traditional aerospace mindset into a company that had hitherto been guided by a new space vision, leading to a high turnover rate. And Blue Origin remains significantly underwater, financially. It is likely that Bezos is still providing about $2 billion a year to support the company’s cash needs.

Crucially, as Blue Origin meandered under Smith’s tenure, SpaceX soared, launching hundreds of rockets and thousands of satellites. Smith, clearly, was not the leader Blue Origin needed to make the company more competitive with SpaceX in launch and other spaceflight activities. It became something of a parlor game in the space industry to guess when Bezos would finally get around to firing Smith.

Smith will be replaced by Dave Limp, who had been Amazon’s VP for devices and services until last month. Whether he can get this company moving again is still an unknown, considering he was also involved in launching Amazon’s Kuiper satellite constellation, the development of which has been as slow and uninspiring as all of Blue Origin’s projects.

8 comments

Amazon investors sue company for not considering SpaceX as potential launch provider

In a lawsuit filed by Amazon investors, they claim that the company’s decision to give major and expensive launch contracts to Arianespace, ULA, and Blue Origin to put its planned 3,200 Kuiper satellite constellation into orbit but never even consider using SpaceX indicates a failure at due diligence for the shareholders as well as a possible conflict of interest.

The plaintiff’s biggest concern was the decision to give Blue Origin the contract.

The suit, filed by Amazon shareholders the Cleveland Bakers and Teamsters Pension Fund, alleges that the board spent less than 40 minutes approving the launch agreements for Amazon’s Project Kuiper mega-constellation, while not even considering leading launch company (and Blue Origin rival) SpaceX. “Amazon’s directors likely devoted barely an hour before blindly signing off on funneling […] Amazon’s money to Bezos’ unproven, struggling rocket company,” the suit says. The plaintiffs say the board failed to protect the negotiation process “from Bezos’ glaring conflict of interest.”

It appears these investors might have a point, as so far Amazon has paid these launch companies about $1.7 billion, with Blue Origin getting $585 million, though not one satellite has yet launched. Moreover, it appears from all counts that it will be very difficult for these companies — especially Blue Origin — to complete the required missions necessary to get into orbit half of Amazon’s constellation by 2026, as required by its FCC license.

6 comments

Bezos and Blue Origin to star in animated kids show

If you can’t build anything, than draw it! Jeff Bezos and his space company Blue Origin are now set to star in a kids animated show called “Blue Origins Space Rangers”.

The children’s series will feature the voices of Bezos, who founded his space tourism business Blue Origin in 2000, as well as “Good Morning America” co-host Michael Strahan, who was a passenger in December 2021 on Blue Origin NS-19 on a 10-minute spaceflight. Bezos took his supersonic joy ride to space in July 2021.

Nor is this the only show that Blue Origin is part of. A feature film set to release in 2023 will feature Blue Origin’s proposed (but not yet built) Orbital Reef space station.

All of this is fun and good, but it once again raises a question of focus. Is Bezos and Blue Origin really focused on building rockets and space stations, or it is mostly a pr operation for Bezos to sell himself? The overall lack of progress on its real rockets and space stations suggests the latter.

15 comments

Blue Origin abandons plans to land New Glenn first stages on purchased cargo ship

Capitalism in space: This week it was revealed that Blue Origin has abandoned its plan to use a purchased and refurbished cargo ship as an ocean landing platform for the first stages of its New Glenn rocket.

The company had bought the ship in 2018, when it thought New Glenn would be flying by 2020, and planned to reconfigure it by covering it with a giant landing pad. It appears the company abandoned that plan because of cost. What it plans to do instead to provide New Glenn first stages a place to land remains unclear.

Some historical details that provide some context and might explain the change in plans. In 2016 Blue Origin was launching test flights of its New Shepard suborbital craft on almost a monthly basis. It appears to have an aggressive attitude towards development, with New Glenn aiming for a 2020 launch.

In 2017 Jeff Bezos hired Bob Smith to take over as Blue Origin’s CEO. At that point development slowed to a crawl. For the next four years New Shepard test flights dropped to about one per year. Also at that time development of the BE-4 rocket engine needed for both New Glenn and ULA’s Vulcan rocket also slowed to a crawl, apparently because the company’s management would not commit funds to buy extra engines for testing.

In 2018 Blue Origin signed a deal with the Air Force, thus delaying New Glenn’s first launch by a year. The deal appeared to stem from a desire of Blue Origin management to get government contracts and money first rather than committing any company money to development, the approach used by older big space companies for decades. While it reduces risk, this approach also makes the government a partner in development, which has historically slowed all development while significantly raising costs.

That same year it bought this ship as the rocket’s landing pad, though relatively little work is done on it for years.

In 2021 Jeff Bezos stepped down as Amazon CEO to focus more time on Blue Origin. Suddenly, New Shepard ups its launch rate, and finally starts flying passengers. At the same time, the testing of the BE-4 engine appears to accelerate.

Now Blue Origin is abandoning this ship that was purchased after Bob Smith took over.

Does one get the feeling that Bezos might have finally realized that the management under Smith was not very effective? Smith is still Blue Origin’s CEO, but one wonders how long this will last.

8 comments

Identity of $28 million bidder for New Shepard flight revealed

Capitalism in space: The person who bid $28 million to win a seat on the first suborbital flight of Blue Origin’s New Shepard spacecraft has now revealed himself.

Justin Sun, the founder and CEO of the blockchain platform Tron, announced today (Dec. 22) that he’s the person who paid $28 million for a seat aboard Blue Origin’s first crewed spaceflight. That mission launched on July 20, carrying Blue Origin founder Jeff Bezos and three other people to suborbital space on the company’s New Shepard spacecraft. The then-unnamed auction winner was not among them, however, remaining groundbound due to scheduling conflicts, Blue Origin representatives said at the time.

But it turns out that Sun’s spaceflight dreams were just deferred, not dashed. The 31-year-old entrepreneur said today that he plans to fly on a New Shepard mission next year, along with five other “space warriors” that he will nominate.

Sun outlined what he’s looking for in a Twitter thread today. One crewmate nominee will be “a prominent figure in the crypto[currency] world,” he said. Another will be a Tron community member “with a strong passion for space,” and another will be a tech entrepreneur. The fourth and fifth nominees will be an artist and a celebrity, respectively.

It is unclear if Blue Origin is giving him six seats for his $28 million, or if Sun is paying additional money. At this time Bezos’ company has not revealed anywhere what it is actually charging for tickets.

0 comments

Senate Democrats trying to sneak $10 billion payoff to Bezos’s Blue Origin in military budget

Senator Majority leader Charles Schumer (D-New York) and Senator Jack Reed (D-Rhode Island) have inserted a $10 billion subsidy to Jeff Bezos’ Blue Origin space company in a $250 billion budget bill they are pushing that they claim will address things like the semiconductor chip shortage and the supply chain issues.

The bill, called the U.S. Innovation and Competition Act of 2021, or USICA (pdf available here), is of course mostly filled with payoffs to the friends of Democrats, and will likely achieve nothing that is promised. It is also like all the budget bills being pushed by the Democratic Party in that it treats money as if it grows on trees. They can spend as much as they want, with no consequences at all.

Worse, Schumer and his cronies are trying to hide this pork bill by making it part of the annual military budget bill, dubbed NDAA.

To prove that this is nothing more than corrupt payoffs we need only look at the $10 billion subsidy to Blue Origin. This is a company being directly financed, in the billions, by Bezos himself. It has no shortage of cash. It not only doesn’t need government subsidies, it has never even looked for private investment capital. Bezos has provided it billions from his own pocket, far more cash than SpaceX has ever had on hand.

Yet Bezos is lobbying Democrats for this subsidy, aimed at financing his failed manned lunar lander project that NASA simply doesn’t have the cash to build and also doesn’t want to build because it was a generally weak proposal. From the bill:

This section would require the NASA Administrator to maintain competitiveness within the human landing system by funding design, development, testing, and evaluation for at least two entities. It would also authorize, in addition to amounts otherwise appropriated for the Artemis program, for fiscal years 2021 through 2026, $10.032 billion to NASA to carry out the human landing system program.

In other words, force NASA to award that second manned lunar lander, with Blue Origin almost certainly the winner.

Whether Schumer’s games here will pay off for Bezos remains unknown. I expect most senate Republicans will oppose it (other than the typical RINO fools like Romney). Already Democrats like Bernie Sanders have expressed opposition, as well as at least one children’s lobbying group that appears more aligned with the left than the right.

And even if it passes in the Senate, the House will have to approve, and we can expect ample opposition there from both parties.

20 comments

Shatner vs today’s America

Shatner vs everyone else
Shatner, on the left, turns away from Bezos and the spray of champagne.

Capitalism in space: The profound, emotional, and thoughtful reaction of William Shatner to his short suborbital flight yesterday on Blue Origin’s New Shepard space capsule contrasted starkly with the crass, rude, and shallow response of his co-passengers and Jeff Bezos.

You can watch Shatner’s comments right after landing at the video at the link. Watch how he tries to express his thoughts to Bezos immediately, and is almost ignored as Bezos and the others instead want to spritz champagne at each other. Shatner turns away, almost in disgust. The screen capture to the right shows him turning away, not because he doesn’t want to be hit by champagne but because he doesn’t want that shallowness to steal from him the emotions he now feels.

Eventually Bezos realizes Shatner is going to say his peace, and that he better pay attention. Shatner, almost in tears, struggles to note how shocked he was at the relative thinness of the atmosphere. To him, the rocket so quickly zipped out of a blue sky into blackness. As he said,

“This air, which is keeping us alive, is thinner than your skin. It’s a sliver. It’s immeasurably small when you think in terms of the universe.

…”What you have given me is the most profound experience I can imagine. I’m so filled with emotion about what just happened … it’s extraordinary. I hope I never recover, that I can maintain what I feel now. I don’t want to lose it. It’s so much larger than me and life.”

Shatner is an actor. For him, the emotion is the most important thing, as that is what he has specialized in expressing on screen to others for his entire life. At this moment, however, he was not expressing the emotions of a imaginary character he was creating on screen, but his own personal emotions. He managed to do it, in the best way possible. God speed William Shatner. We shall miss you when you are gone.

That Bezos was so unprepared for this moment from Shatner was very unfortunate. It made him look very shallow and foolish, which is a shame because, as Shatner so correctly noted, Bezos was the one who made that moment possible.

Shatner, at ninety years of age, is of a different more civilized generation that believed strongly in applying thought to one’s emotions, rather than letting those emotions rule. The contrast between him and all the younger people in this clip gives us a clear snapshot of an America now gone, replaced by the thoughtless emotional America of today.

32 comments

Washington Post slams Blue Origin

Capitalism in space: In a long article today the Washington Post — owned by Jeff Bezos — harshly criticized the management at Bezos’s space company Blue Origin, confirming earlier stories last week (here and here) and published by other news sources that accused the company of poor management and an unhealthy corporate culture. From the Post’s article:

The new management’s “authoritarian bro culture,” as one former employee put it, affected how decisions were made and permeated the institution, translating into condescending, sometimes humiliating, comments and harassment toward some women and a stagnant top-down hierarchy that frustrated many employees.

Though the story strongly confirms those earlier reports, I found it somewhat hilarious in that it seemed far more interested in “woke” issues than Blue Origin’s inability to get anything actually built.

However, that Jeff Bezos allowed the Washington Post to publish it suggests strongly that Bezos is getting ready to take harsh action at Blue Origin, and is laying the groundwork through his newspaper. If so, this is excellent news, as it might mean this very disappointing company might finally get back on track.

7 comments
1 2 3 4