Jeff Bezos will sell $1 bn of Amazon stock a year to fund rocket venture


Amazon.com founder Jeff Bezos said on Wednesday he is selling about $1 billion worth of the internet retailer's stock annually to fund his Blue Origin rocket company, which aims to launch paying passengers on 11-minute space rides starting next year.

Blue Origin had hoped to begin test flights with company pilots and engineers in 2017, but that probably will not happen until next year, Bezos told reporters at the annual US Space Symposium in Colorado Springs. "My business model right now … for Blue Origin is.

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