$10 BILLION BAILOUT FUND FOR JEFF BEZOS

Sharing is Caring!

NOW THAT Jeff Bezos’s space flight company Blue Origin has lost a multibillion contract to Elon Musk’s SpaceX, Congress is prepping the ground for Bezos to win a contract anyway, ordering NASA to make not one but two awards.

The order would come through the Endless Frontier Act, a bill to beef up resources for science and technology research that’s being debated on the Senate floor this week. An amendment was added to that legislation by Sen. Maria Cantwell, D‑Wash., to hand over $10 billion to NASA — money that most likely would go to Blue Origin, a company that’s headquartered in Cantwell’s home state.

READ  White House announces it will donate HALF A BILLION doses of Pfizer’s Covid-19 vaccine to low-income countries

Cantwell’s amendment is no sure bet though: Sen. Bernie Sanders, I‑Vt., introduced a last-minute amendment Monday to eliminate the $10 billion. “It does not make a lot of sense to me that we would provide billions of dollars to a company owned by the wealthiest guy in America,” Sanders told The Intercept Tuesday.

READ  Half of the pandemic’s unemployment benefits money ($400 billion) may have been stolen

The Bezos space company had been competing against SpaceX for a contract to put astronauts on the moon, the first such trips since 1972, but lost the bidding process with a price tag twice that of SpaceX. NASA announced the award to the Elon Musk-owned company last month.

theintercept.com/2021/05/25/jeff-bezos-blue-origin-senate-bailout/

784 views

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.