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Bezos sells $1 billion a year in Amazon stock for space project

Bezos sells $1 billion a year in Amazon stock for space project

Thursday, April 6, 2017, 3:01 PM

Jeff Bezos said he sells $1 billion a year in Amazon.com stock to fund Blue Origin LLC, the company fueling his dream of sending people into space. "My business model right now for Blue Origin is I sell about a billion a year of Amazon stock and I use it to fund Blue Origin," Bezos said. Business model for Blue Origin is very robust.
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