Saudi Press

Saudi Arabia and the world
Saturday, Feb 22, 2025

These 5 business leaders are involved in space

These 5 business leaders are involved in space

Billionaires Elon Musk, Jeff Bezos and Richard Branson have set their sights on space to make their next fortune.

SpaceX and NASA are preparing for their historical launch on Saturday.


While billionaire Elon Musk runs SpaceX along with Tesla and a host of other ventures, a successful launch will be a win for all the billionaires in the space race.

FOX Business takes a look at Musk and the other big fish firing up the sector.

Elon Musk


When Elon Musk isn't in the weeds running Tesla or burrowing tunnels via The Boring Company, the eccentric CEO is also running his rocket company as the founder and CEO of SpaceX, a private space-exploration company.



Musk, who is clearly a science buff, is also taking on 1COVID1-19. One day ahead of the launch he revealed he took four different tests with mixed results.
Richard Branson


 
Richard Branson


Fellow billionaire Sir Richard Branson is the founder of the Virgin Group, the parent company of the spaceflight business Virgin Galactic.



Most recently, Michael Colglazier, Chief Executive Officer of Virgin Galactic disclosed he is putting the world's first commercial spaceport to use later this month when it launches it's first human test spaceflight from Spaceport America in New Mexico, beginning what the company anticipates will eventually generate $1 billion a year annually.

Then sometime next year, the company's founder, Branson, will fly to space on what will be a "momentous occasion."

Branson is ahead of the other space moguls in that his company was the first to tap the capital markets, going public last October at $12 per share.



The company also sports a uniform deal with Under Armour.



Jeff Bezos


In addition to being Amazon's CEO, and the richest man in the world with a net worth over $184 billion per Forbes, Bezos founded the spaceflight company Blue Origin in 2000. Last year, Blue Origin entered into a Launch Services Agreement partnership with the U.S. Air Force.



Bezos, who divorced his first wife MacKenzie, is frequently seen with girlfriend Lauren Sanchez, who is also a reported aviation junkie.



Robert Bigelow


Bigelow is the owner of both the hotel chain Budget Suites of America and the aerospace company Bigelow Aerospace. The space company designs and manufactures modules for space stations.

Larry Page



The Google co-founder is one of the main financial backers of Planetary Resources, an asteroid mining company that intends to begin mining operations in 2020.

Page, along with Sergey Brin, stepped away from Google's day-to-day operations last year.

Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Saudi Arabia and the United States Strengthen Ties Amid Global Developments
Saudi Arabia Hosts Global Conference to Promote Islamic Unity
The Impact of Artificial Intelligence on Education and Child Development
Saudi Arabia Announces Competition for Best Founding Day Outfits
Saudi-EU Food Security Officials Hold Talks to Strengthen Collaboration
Putin Expresses Gratitude to Saudi Crown Prince for Hosting US-Russia Talks
UK and Saudi Arabia Enhance Collaboration in Innovation and Technology
Denmark's Embassy in Riyadh Showcases Danish Cuisine with Saudi Influence
Saudi Artist Salman Al-Amir Unveils 'Tafawut' Exhibition in Riyadh
Saudi Arabia Offers Condolences to Kuwait Following Military Exercise Fatalities
Saudi Ministry of Islamic Affairs Completes Ramadan Preparations in Madinah
Etidal Secretary-General Hosts UN Counter-Terrorism Director in Riyadh
ADNOC Drilling Targets Over $1 Billion in Investments for 2025 Amid Gulf Expansion Plans
Derayah Financial Achieves Remarkable Growth in Saudi Brokerage and Asset Management
Saudi Arabia Shortlists 30 Firms for Mining Licenses in Eastern Province and Tabuk
Saudi Foreign Minister Engages Counterparts at G20 Meeting in Johannesburg
Oil Prices Decline Amid Rising US Inventories
Saudi Arabia's NDMC Plans Green Bond Issuance by 2025
Moody’s Affirms Egypt’s Caa1 Rating Amid Positive Economic Outlook
Oman and Saudi Arabia Strengthen Economic Ties with New Agreements
Saudi Arabia Investments Propel Expansion of Qurayyah Power Plant
Saudi Capital Market Authority Advances SPACs and Direct Listings
Global Energy Leaders Gather in Riyadh for Symposium on Energy Outlooks
Al-Ahsa Region Sees 500% Growth in Tourism as Saudi Arabia Prioritizes Development
Saudi Arabia Advances Entrepreneurial Ecosystem in Al-Ahsa with New Agreement
King Salman Approves Official Saudi Riyal Symbol
Saudi Credit Card Lending Reaches $8.4 Billion Amid Digital Payment Expansion
King Salman Approves Official Symbol for Saudi Riyal
Putin Thanks Saudi Crown Prince for Facilitating U.S.-Russia Discussions
Saudi Foreign Minister Attends G20 Meeting in Johannesburg
Saudi Arabia Prepares for Nationwide Founding Day Celebrations
Inauguration of Hira Park and Walkway Enhances Jeddah's Urban Landscape
Crown Prince Hosts Leaders for Informal Meeting in Riyadh Amid Gaza Rebuilding Plans
Saudi Official Highlights Achievements and Media's Role in National Transformation
Three Expatriate Women Arrested for Prostitution in Riyadh
Saudi Arabia's Diplomatic Evolution Highlighted at Saudi Media Forum
Healthy Eating and Preparation Essential for Ramadan Fasting
Saudi Arabia and Japan Forge Sustainable Textile Partnership
Advanced Limb Surgery Restores Mobility in Pediatric Cancer Patient
Jeddah Event Explores AI's Role in Boosting Saudi Arabia's SME Sector
UN Representative Highlights AI's Role in Perpetuating Gender Stereotypes
Saudi and Jordanian Leaders Discuss Enhanced Security Cooperation in Amman
Saudi British Society Honors Cultural Bridge-Builders at London Gala
Saudi Media Forum 2025 Explores AI's Role in Modern Journalism
Saudi Arabia's Saqer Al-Moqbel Appointed as WTO General Council President for 2025–2026
Saudi Deputy Ministers Engage in Diplomatic Discussions with U.S. and Dutch Officials in Riyadh
Saudi Arabia to Launch Iftar Program in 61 Countries During Ramadan
Saudi Visitors Expected to Spend £942 Million in UK During 2025
Saudi Arabia Gifts Kaaba's Kiswah to Uzbekistan's Center of Islamic Civilization
Digital Cooperation Organization Concludes Fourth General Assembly with Multiple Agreements
×