Jeff Bezos Offers to Forego $2 Billion in Fees for NASA Moon Contract

It appears that the race to the moon is beginning to heat up.

Jeff Bezos, fresh from his latest mission into space, is itching for another adventure, this time to the moon. The billionaire has offered to forego $2 billion in fees over the next two years if NASA reconsiders his company, Blue Origin, for a lunar landing mission contract that was previously awarded to Elon Musk’s SpaceX.

“Blue Origin will bridge [NASA’s] budgetary funding shortfall by waiving all payments in the current and next two government fiscal years up to $2bn to get the program back on track right now,” said Bezos in an open letter to NASA Administrator Bill Nelson. According to Bezos, NASA should return to its previous plans of dual-sourcing the moon contract, instead of going with a single supplier in wake of budget constraints.

Bezos’s appeal to NASA comes a week after the Blue Origin CEO completed a space mission, which was part of the company’s broader mission to make space travel possible for wealthy individuals. “Blue Origin is committed to building a future where millions of people live and work in space to benefit the Earth,” Bezos explained. “We are convinced that, to advance America’s future in space, NASA must now quickly and assuredly return to the Moon.”

Back in April, SpaceX was solely awarded the $2.9 billion Artemis contract, outpacing bids from both Blue Origin and Virginia-based Leidos Holdings Inc. As a result, Blue Origin challenged NASA’s choice with the US Government Accountability Office. It remains unclear if NASA will accept the billionaire’s latest offer.


Information for this briefing was found via Reuters. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

SSR Mining Walks Away From a World Class Gold-Copper Project

Why More Canadians Are Starting to Think About Leaving | Jesse Day

Instead of Waiting, This Gold Developer Went Bigger | Kenneth McLeod – Sonoro Gold

Recommended

Nord Drills 61,389 g/t Silver Over 0.30 Metres at Castle East

Mercado Minerals Targets District Scale Silver Play With San Dimas Land Grab

Related News

Jeff Bezos’ Wealth Surges to New Record After Pentagon Cancels JEDI Contract With Microsoft

Jeff Bezos has now anchored his position as the world’s wealthiest person in modern history,...

Saturday, July 10, 2021, 03:11:00 PM

SpaceX Launches First All-Civilian Mission into Orbital Space

SpaceX launched its Inspiration4 mission from Florida’s Kennedy Space Center on Wednesday, marking the first...

Friday, September 17, 2021, 04:24:00 PM

SpaceX Shifts Priority to Moon City as Mars Plans Take Back Seat

Elon Musk announced Sunday that SpaceX has redirected its primary focus toward building a self-sustaining...

Monday, February 9, 2026, 02:56:00 PM

Control X: Musk Purges — and then Un-Purges — Accounts of Journalists, Writers and Podcasters

X is starting the year with another journalist purge — or wait, just kidding. On...

Thursday, January 11, 2024, 12:56:58 AM

NASA Pauses SpaceX Lunar Lander Project Following Lawsuits From Bezos, Dynetics

Elon Musk’s excitement over his company, SpaceX, getting the Artemis lunar lander contract with NASA...

Sunday, May 2, 2021, 04:58:00 PM