My Blog
Business

Ken Griffin wins $8 million Bezos spaceflight public sale, donating seats


Ken Griffin, Founder and CEO, Fortress (L) and Blue Foundation New Shepard rocket lifts off (R)

Reuters

Ken Griffin, billionaire founder and CEO of hedge fund Fortress, positioned the successful $8 million bid in an public sale Monday for a seat on a spaceflight with Jeff Bezos’ Blue Foundation.

Bezos’ corporate donated two seats on its New Shepard rocket for a “purchase one give one” public sale on the non-profit Robin Hood’s annual receive advantages for New York Town, with the second one seat going to a NYC trainer.

However Griffin is not going to release to area himself, as a substitute giving again his seat in order that two educators can fly.

A Robin Hood spokesperson informed CNBC that the group will spouse with Griffin, Blue Foundation and New York Town’s Division of Schooling to choose the 2 lecturers for the spaceflight, pronouncing a statement in regards to the “procedure and timeline” is coming quickly.

A Blue Foundation spokesperson added that the timing for the New Shepard release isn’t set but and that the corporate isn’t making plans to public sale off the flight’s closing 4 seats.

Blue Foundation’s New Shepard rocket launches from the corporate’s personal facility in West Texas and flies past 100 kilometers altitude, or about 340,000 toes, the place the workforce reviews about two mins of weightlessness sooner than returning to Earth.

Particularly, Griffin’s bid is $20 million lower than the successful bid of an public sale that Blue Foundation held for a seat on its inaugural New Shepard flight final 12 months — even if that price ticket got here with a journey at the side of Bezos himself.

Related posts

Biden nets landslide victory in South Carolina Democratic primary, over 95% of votes

newsconquest

Koch network pressures Sens. Manchin, Sinema to oppose $739 billion tax-and-spending bill

newsconquest

Retail credit card average interest rate nears 30%

newsconquest

Leave a Comment