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

Silver Is a Wild Animal, Gold Heads for $6,000 in 2026 | Craig Hemke

Is This the End of the Gold and Silver Rally? | Peter Grandich

Why Gold And Silver Stay High Even After Rate Cuts | Todd Bubba Horwitz

Recommended

TomaGold Confirms Presence Of Berrigan Deep Zone Following Geophysics

Antimony Resources Reports Massive Stibnite Mineralization Over 25 Metres At Marcus (West) Zone

Related News

Bezos Edges Musk In Space Race As NASA Chooses Blue Origin For Mars Mission

In a recent development, NASA disclosed its decision to deploy two scientific spacecraft to Mars...

Thursday, November 23, 2023, 05:36:00 PM

Why Won’t Jeff Bezos Save the Washington Post?

On March 15, Jeff Bezos and his fiance Lauren Sánchez announced that Eva Longoria and...

Sunday, March 24, 2024, 11:46:00 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

Jeff Bezos Surpasses Musk, Reclaims Position as World’s Richest Person

After Elon Musk recently surpassed Jeff Bezos as the world’s richest person, it appears that...

Saturday, February 20, 2021, 04:01:00 PM

‘Now He’s Awake’: Biden Admin Mulls Subjecting Elon Musk Deals To National Security Reviews

Almost one year ago, Elon Musk took a jab at US President Joe Biden, who...

Friday, October 21, 2022, 11:18:00 AM