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Why Jeff Bezos Trails Elon Musk in the Private Space Race
- ObserverNeutral 5y agoThe CEO of Amazon simply can't afford rockets blowing up publicly like the CEO of Tesla can. Even if that is a separate company doesn't change the fact that the face of the franchise cannot fail, even if those are parallel efforts. This is all there is to it. Musk feels like he can't transition to wealth and status preservation mode yet...whereas Bezos has a company with the same credit rating as the US Govt. and can dump 15B worth of shares per year and leave the company without Amazon suffering any repercussions. The judge is still out on Musk, none of his companies ever made any money . His method up to now was to pump the company and sell into bigger fools. Bezos stepping down and distancing himself from Amazon should provide new lift (no pun intended) and much more risk taking to Blue Origin. We should all remember that this is a marathon, not a sprint. It's not like the frentic months of the software wars where Apple put together the iPhone and its app ecosystem in 48 months and others never caught it. It should also be pointed out that this is a terrible business (like everything Musk is involved in except Neuralink). Software/Cloud tier margins are a mirage. Bezos should learn from Google and understand that there is no shame in killing a project....but I suspect the ego wars against Musk are too big now. Bezos should have known better. When Musk insults you, you just do what Bill Gates does: You smile, compliment him, stroke his ego a bit and then go back having de-facto veto power in institutions such as the WHO and UN, operating way above Musk head.