Bill Gates-backed startup confident it can unearth more battery metals

Copper plates on wagons ready for onward shipping at the Mufulira refinery, operated by Mopani Copper Mines Plc, in Mufulira, Zambia, on Friday, May 6, 2022. Bloomberg | Bloomberg | Getty Images KoBold Metals, a mining startup backed by billionaires including Bill Gates and Jeff Bezos, is bullish on the discovery potential of some of the most … Read more

Robot startup Figure valued at $2.6 billion by Bezos, Amazon, Nvidia

Startup Figure AI is developing general-purpose humanoid robots. Figure AI Figure AI, a startup working to build humanoid robots that can perform dangerous and undesirable jobs, just got a big vote of confidence from some of the largest names in artificial intelligence. The company said Thursday that it raised $675 million at a $2.6 billion … Read more

Explaining NASA’s approach to cargo moon landings

The surface of the moon, captured by Odysseus’ Terrain Relative Navigation camera from lunar orbit on Feb. 21, 2024. CNBC’s Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. CNBC’s Michael Sheetz reports and curates the latest news, investor updates and exclusive interviews on the … Read more

Jeff Bezos sells over $2 billion in Amazon stock third time this month

Jeff Bezos looks on from the sidlines before kickoff between the Kansas City Chiefs and Los Angeles Chargers at GEHA Field at Arrowhead Stadium on September 15, 2022 in Kansas City, Missouri. The Amazon founder and chairman is one of the world’s richest men. Cooper Neill | Getty Images Sport | Getty Images Amazon founder … Read more

Jeff Bezos sells more than $2 billion in Amazon stock

Jeff Bezos. Emma McIntyre | Getty Images Entertainment | Getty Images Amazon founder and executive chairman Jeff Bezos sold roughly $2.08 billion of shares in the company over the past few days, according to a financial filing. The sales began Friday, the filing shows, and continued Monday. In total, Bezos sold 11,997,698 shares in the … Read more

Jeff Bezos: Bezos sells $4 billion of Amazon stock in four trading days

Jeff Bezos didn’t wait long to start cashing in on Amazon.com Inc.’s rally to start the year. Less than two weeks after disclosing a plan to dispose of as many as 50 million shares of the company he founded, Bezos has offloaded 24 million shares, worth more than $4 billion. The sales, revealed in regulatory … Read more

Startup K2 Space raises $50 million to build monster satellites

K2 Space co-founders Karan Kunjur and Neel Kunjur at the company’s facility in Torrance, California. Credit: K2 Space Los Angeles-based startup K2 Space raised $50 million in new funding as the company works to build monster satellites to match the massive rockets that are coming to market.  Nearly two years since founding, K2 co-founders and … Read more

Jeff Bezos’ move to Miami will save him over $600 million in taxes

Jeff Bezos and Lauren Sanchez walk in the Paddock prior to final practice ahead of the F1 Grand Prix of Miami at Miami International Autodrome on May 06, 2023 in Miami, Florida.  Clive Mason | Formula 1 | Getty Images Jeff Bezos’ $2 billion stock sale last week came with an added perk: no state … Read more

Jeff Bezos sells roughly $2 billion of Amazon shares

By Reuters API Published Feb 11, 2024 Amazon.com founder Jeff Bezos sold around 12 million shares of the online retail and cloud services firm for roughly $2 billion, according to a company filing on Friday, soon after laying out a plan to sell his shares over the next year. Reuters The sale took place on … Read more

Jeff Bezos sells off R38 billion in Amazon shares

Amazon founder Jeff Bezos has sold off about $2 billion (R38 billion) in shares of the online distribution giant, according to recent stock market filings. ALSO READ | SAPS: Where to find careers in the SA police Bezos sold on Wednesday and Thursday some 12 million Amazon shares, at between $168-171 per share, according to … Read more