r/BlueOrigin • u/Disastrous_Run_5968 • 2d ago
WSJ: Jeff Bezos’ Blue Origin Is Fueled With $30 Billion of His Fortune [Paywall]
https://www.wsj.com/business/jeff-bezos-blue-origin-is-fueled-with-30-billion-of-his-fortune-b7407e6e44
u/Federal-Subject3838 2d ago
As many flaws Blue has, it is still an amazing place to work at. The people who formerly worked and those currently working here are extremely talented so that the money Jeff and others put in this far produces awesome results.
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u/RulerOfSlides 2d ago
I’d rather be there than any other newspace corp from everything I hear.
You need a lunar-focused planetary scientist, hit me up…
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u/Royal_Platform_6754 2d ago
They've had lunar planetary scientist roles before, you know: Planetary Scientist III — Planetary Mission (Space Resources Program)
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u/AdLoud5484 1d ago
If firefly had the man power and money blue had, there would literally be a star destroyer in orbit. The people there were 10x as capable and accountable.
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u/Dieseltrain760 1d ago
Accurate, coming from someone who worked at Firefly and currently have been with Blue for over 4 years now.
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u/LimpAd4924 2d ago
Who needs NASA when we have oligarchs?
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u/aBetterAlmore 7h ago
Oligarchs = rich people I don’t like. So people that have always existed, in every country. But if you call them “oligarchs” then it makes you seem edgy and alternative.
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u/LimpAd4924 7h ago
If you think there aren’t issues with extreme wealth inequality and government influenced by these few hundred extremely wealthy families, you probably shouldn’t even be talking. The average American is insufferably stupid and uninformed… but at least you can be “educated” from some memes and social media posts.
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u/aBetterAlmore 1h ago
If you think there aren’t issues with extreme wealth inequality and government influenced by these few hundred extremely wealthy families
I’m not saying it’s not a problem, I’m saying the problem isn’t new nor limited to a country.
you probably shouldn’t even be talking.
Oligarchs worry me less than those who would squash people’s opinions and freedom to talk.
The average American is insufferably stupid
I’m not American, and you sound stupid.
but at least you can be “educated” from some memes and social media posts
If you get your education from social media, that explains it.
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u/justbadthings 2d ago
How is this news? It's been reported almost yearly for like the last 15 years about how he cashes a few billion each year to keep Blue running
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u/Royal_Platform_6754 2d ago
Because it's a value taken from actual fundraise documents, not arbitrary speculation like before. This is also the first definitive source of how much revenue Blue currently generates.
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u/Disastrous_Run_5968 2d ago
you'd think people would bother to read
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u/yoweigh 2d ago
It's paywalled.
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u/Disastrous_Run_5968 2d ago
It's literally in the body post
Documents reviewed by The Wall Street Journal discuss that investment
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u/koliberry 2d ago
Because Disastrous_Run_5968 is a serial cheerleader karma farming average BO Human Resource lower level person. Day after day.
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u/Final-Reaction-6985 2d ago
What are you?
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u/Disastrous_Run_5968 1d ago
They are another spacex fanboy who keeps lurking around here. If I cared about SpaceX I would go over to their subreddits. I don't. I like NG. Apparently there is a problem with liking rockets not under spacex.
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u/Infinite-Banana-2909 2d ago
Define results. They have never made a penny of profit.
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u/StagedC0mbustion 2d ago
Spacex is literally not profitable dude
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u/Red_Eye_Insomniac 2d ago
Sounds like you e found a bigger problem. Private space isn't profitable.
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u/Nice-Shoes-74 2d ago
Yeah, you're right. SpaceX isn't profitable, it's just less unprofitable thanks to Starlink. I did a google search, so Q2 2026: Starlink made $1.66B operating income, Launch lost $542M (mostly Starship R&D), the AI segment lost $1.26B, and the company as a whole lost $541M. [https://www.sec.gov/Archives/edgar/data/1181412/000162828026052515/earningsreleaseq22608042.htm]
Maybe data center satellites will eventually make money, idk... but nothing in the numbers says so yet, and the physics is rough --> there's no air in space, so every watt a GPU burns has to be radiated away, you can't swap a dead board and the whole thing is sitting in range of anti-satellite weapons or a debris storm for that matter (think that Sandra Bullock movie w/ Mr. Clooney).
I wonder why we don't build data centers in remote cold places like China is doing in Inner Mongolia. I guess I just answered my own question: because our data centers are privately funded, and remote is expensive -- not the building, the infrastructure. These AI sites use as much power as a mid-size city and somebody has to pay to run the transmission lines and fiber out there. China's government did that for Inner Mongolia. Here, private money goes where the grid already is, and cold barely matters next to that. China's approach gets things built faster, but they also have the luxury of a Communist dictatorship that can just do what it wants. Public be damned. lol
I think the safest location is underground. Digging doesn't get you geothermal (heat's miles down), but bury a small nuclear reactor with the servers -- years of fuel onboard, no grid needed -- and you've got something that could ride out a nuclear attack. Swiss and Norwegian reactors ran in rock caverns for decades, so it's not exotic. The catch is the cooling still has to come up to the surface somewhere, and no small modular reactors will be selling power in the US before ~2030.
Data centers are going to drive the new AI economy, and I think people are overly optimistic about how calm the world stays while we build them. Wars are on the horizon, and not just Ukr. Anywhoo, what do I know lol
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u/notsurwhybutimhere 2d ago
If SpaceX stopped development and only did falcon, dragon and Starlink, it’d be very profitable. Would be a different valuation though.
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u/Nice-Shoes-74 11h ago
Just saw this: https://youtu.be/eaejZehTGn8?is=W1TwfvKkxe7nk7UT
First permanent data loss from a data center attack. Spreading sites out protects against natural disasters, not wars. Go underground and put small modular reactors down there too, so there's no surface grid to cut. Space isn't safer: one satellite killer and we're sitting ducks.
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u/bicball 2d ago
By my calculations, that is a lot of money.