- Jeff Bezos announced Thursday that he plans to bring humans to the moon by 2024.
- Bezos also unveiled a lunar lander called Blue Moon, made by his company Blue Origin.
- Many have expressed mixed feelings about Bezos’ plan, including Elon Musk, who made a meme teasing the Blue Moon.
Bezos Announces Blue Origin Project
Amazon Founder Jeff Bezos announced his plans to send humans to the moon by 2024, a plan that was criticized by many including fellow-billionaire Elon Musk.
On Thursday, Bezos introduced the world to Blue Moon, the first lunar lander by his space company Blue Origin. He said that the vehicle can carry 3.6 metric tons to the moon’s surface. A stretch tank version could take over six tons. His goal is to establish a human presence on the moon.
“We were given a gift — this nearby body called the moon,” Bezos said during his presentation. “It’s time to go back to the moon and this time stay.”
The tech giant brought up Vice President Mike Pence’s goal of getting back to the moon by 2024.
“I love this, it’s the right thing to do,” he said. “We can help meet that timeline, but only because we started three years ago.”
The craft is designed to take payloads of infrastructure like tools, rovers, and other equipment to the moon. People would come after.
His long-term goal is to build self-sustaining colonies, though he acknowledges that this is a project that would likely be left up to future generations. His motivation for putting life on the moon is to help Earth. He believes that by spreading the population to areas with new resources, we can save the resources on our planet.
Musk and Others Criticize Plan
Establishing human presence on the moon in five years sounded like an ambitious plan to some who watched, eliciting a variety of reactions. Notably, Tesla and SpaceX mogul Elon Musk responded on Twitter, making a meme out of Bezos’ project. In it, he posted a modified photo where the lunar launcher was called “Blue Balls.”
Musk’s SpaceX is a rival company to Blue Origin. Last year, Musk accused Bezos of copying his plan for getting satellites into space. Despite the history of making jabs at Blue Origin, he also said that “competition is good.”
But Musk was not the only person who saw Bezos’ major announcement as worthy of criticism. Many were upset that Bezos did not have a public live stream of his presentation and instead waited to share the video of the announcement until later.
Musk often does live streams of critical company news, prompting many others to ask why Bozes did not follow suit.
Others, like journalist Dave Levitan, thought that Bezos has enough problems with Amazon, and should focus on that instead of working on something so expansive and new.
Support for Blue Moon
Meanwhile, others came to Bezos’ defense, applauding what this project could mean for the future. Everyday Astronaut, which is a YouTube channel devoted to space education, said people should “get excited.”
Dava Newman, an Apollo Professor of Aeronautics and Astronautics at the Massachusettes Institute of Technology, received a tour of the Blue Moon and shared her excitement on Twitter.
Billionaire Pledges to Pay Loan Debt of This Year’s Morehouse College Graduates
- Billionaire investor Robert F. Smith promised to pay off the student loan debt of the 2019 graduates at Morehouse College, an all-male historically black school in Atlanta, Georgia.
- Though the exact amount of the class’ debt is still being calculated, the gift is expected to be around $40 million.
- This is just one of Smith’s major donations in recent years.
A Generous Gift
Billionaire tech investor and philanthropist Robert F. Smith said he will pay off the student debt for all graduates in Morehouse College’s class of 2019.
Smith announced the news on Sunday while delivering the commencement address at the all-male historically black college in Atlanta, Georgia.
“On behalf of the eight generations of my family who have been in this country, we’re gonna put a little fuel in your bus,” he said. “This is my class, 2019. And my family is making a grant to eliminate their student loans.”
His announcement shocked the nearly 400 graduates, who reacted with cheers and applause.
One graduating student named Aaron Mitchom told the Associated Press that he had drawn up a spreadsheet to calculate how long it would take him to pay off his $200,000 in student debt. According to his math, it would take him about 25 years.
“I can delete that spreadsheet,” he told the AP after the commencement. “I don’t have to live off of peanut butter and jelly sandwiches. I was shocked. My heart dropped. We all cried. In the moment it was like a burden had been taken off.”
Brandon Manor, another graduate, told the New York Times, “Now all of a sudden, I can look at schools I might not have considered, because I am not applying with about $100,000 in undergraduate loans.”
Who is Robert F. Smith?
The 56-year-old who originally hails from Colorado but now lives in Austin went to Cornell for his undergraduate degree and earned a B.S. in chemical engineering. Afterward, Smith earned his MBA from Columbia Business School.
He went on to work for several companies like Kraft General Foods and then Goldman Sachs, advising companies like Apple and Microsoft before founding his own investment firm.
What does this gift mean?
Smith’s pledge stunned administrators, who called it the largest single gift in the school’s history. The donation also comes at a time where student loan debt has soared to roughly $1.5 trillion, according to recent Federal Reserve data.
Morehouse President David A. Thomas called the gesture “a liberation gift,” telling CNN, “When you have to service debt, the choices about what you can go do in the world are constrained.”
“(Smith’s gift) gives them the liberty to follow their dreams, their passions.”
According to Thomas, the total amount of student debt for the class is still being calculated but the Associated Press estimated that the gift is worth about $40 million.
In return, Smith says he expects the graduating class to pay it forward to give future classes the same opportunity one day.
“Let’s make sure every class has the same opportunity going forward, because we are enough to take care of our own community,” he said.
“We are enough to ensure we have all of the opportunities of the American dream, and we will show it to each other through our actions and through our words and through our deeds.”
Other Major Donations
The billionaire tech executive has managed to stay under the radar for much of his career. While this major donation has thrust him into the spotlight, it is far from his first generous gift.
In 2016, he pledged a $20 million gift to the National Museum of African American History and Culture. That same year, he donated $50 million to Cornell University to go towards its chemical and biomolecular engineering school, and to support black and female engineering students.
In 2017, Smith signed The Giving Pledge, a commitment by some of the world’s richest people – including Bill and Melinda Gates and Warren Buffet – who have promises to giving most of their wealth to philanthropy. In 2018, he gave $2.5 million to the Prostate Cancer Foundation to focus on research and care for African-American men and veterans with prostate cancer.
Before Sunday’s graduation speech, Smith had already donated $1.5 million to Morehouse for scholarships and a new park.
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