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Analyst Says Bezos’ Funding Of Blue Origin Via Amazon Stock Formidable

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Analyst Says Bezos’ Funding Of Blue Origin Via Amazon Stock Formidable
The multiple-times-used Blue Origin New Shepard rocket on display outside the main hall of the 33rd Space Symposium in Colorado Springs, Colo. Photo: Defense Daily.

A prominent defense analyst believes tech billionaire Jeff Bezos’ funding of Blue Origin by selling his Amazon [AMZN] stock is formidable as it is a constantly replenishing pool of money for Bezos to tap.Byron Callan of Capital Alpha Partners said Monday it is likely Bezos, who founded both the Amazon online marketplace and Blue Origin space company, is getting annual stock awards as part of his compensation for running Amazon. Bezos said last Wednesday at the Space Symposium in Colorado…

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