Jeff Bezos - Blue Origin

Jeff Bezos plans to go to space - Blue Origin

Take the opportunity and apparently, there are a couple of seats left on this first one, so, I'm not counting it out.

Here's the question, We all wish Jeff and his brother well we want this to be as successful and safe as humanly possible but is this a new risk, and I hate to ask it this way that Sam Zahn Amazon shareholders need to think about?

Absolutely. All of these tests have been done in secret however if Jeff Bezos feels he can take the risk of bringing his brother along with him I'm sure he feels pretty safe I know I'd be on the edge of my seat if I was the Amazon shareholder, sure.

You live in this world, what do you think of the risks, the safety profile, of taking this trip well, there's a couple of factors here the first and most important is how many times they've conducted this system, over a dozen successfully landing it over and over again this is one of the most space spacecraft flying currently. And also it's not going all that it's reducing your risk. you're not going in the atmosphere it's a little more straightforward. And the system has been tested quite thoroughly and if you're putting yourself out there, this is one of the best you can be doing.

This is also one of the greatest advertisements in history for Blue Origin if this is a successful spaceflight. the number of people that will want to buy tickets, how much is this going to cost and how quickly is this going to ramp up.

The cost question is still unanswered they've opened up the public auction for one of the seats on this space spaceflight. That stands at $2.8 billion. that's not a clear idea of how much they're charging. The virgin galactic, those tickets sold between 200,000 and $250,000 those are creeping up into the $600,000 range I would expect blue origin to price their tickets in the sub-1 million range, closer to galactic.

In terms of doing this properly, do they have any idea how to do this to put this in space for 11 minutes?

We don't know that is one of the things about blue origin being wholly owned by Bezos himself we don't have an idea of behind-the-scenes cost structure, how much each mission costs to get up and bring back down. however, the big advantage of the system is that it uses a reusable rocket booster. so, they land the rocket booster, put them together and clean them and launch them again. That reduces your overall cost which is the traditional way of launching a rocket which is to throw away the booster after every mission.

I want to talk to you about the AMC and the apes that seem to be out in force. Do you have any new reports on where this is heading?

The price is 4$46,$4 they were out over the weekend talking up the stock once again?

Well, there's two things, the CEO of AMC, he's much more inclined to use this to raise capital. We see last week he was going in that direction which is good maybe he can pay down some debt which he has to do the other thing we're starting to see retail investors taking to his offer to get him some seats. We saw last week reaching out to the investors.

I was wondering is that going to change the confidence in the play are they going to like that? turns out they are liking that AMC had good momentum this past weekend. We saw the theater is coming back a little bit.