Both Elon Musk and Jeff Bezos have been involved in a simmering rivalry over the past 15 years.
For starters, Musk and Bezos have been at odds over who controls SpaceX and Blue Origin, respectively. But the feud hasn’t stopped there: Musk has blasted Amazon CEO Jeff Bezos for running an “oligopoly” and has accused Bezos of copying his self-driving car business.
Musk and Amazon CEO Jeff Bezos are titans in their own right. In addition to running Amazon and Blue Origin, Jeff Bezos is currently the world’s wealthiest person. Tesla and SpaceX CEO Elon Musk is a dual CEO, in charge of both companies. There have even been instances where the two have gotten into heated exchanges on Twitter and have called each other names.
How did Musk and Bezos’ rivalry begin and what has transpired since then.
In the early 2000s, Jeff Bezos Was Not yet The Tycoon He Is Today.
Amazon was founded by Bezos in 1994, and it went public in 1997 under his leadership. There were still many years to go before Amazon became a major player in the world of online retailing and cloud computing; it wasn’t until the company launched Prime, launched its own streaming service, or created its cloud infrastructure service, Amazon Web Services.
When it comes to space, Bezos was always interested in it. The Miami Herald reported in 1982, after he graduated as valedictorian of his high school class, that he hoped to establish human colonies in outer space.
He launched Blue Origin in 2000, a new company focused on human spaceflight, because of that long-held interest in leaving Earth.
Elon Musk vs. Jeff Bezos
Elon Musk
Elon Reeve Musk FRS, born on June 28, 1971, is an American businessman and investor. He is the founder, CEO, and Chief Engineer of SpaceX; an angel investor, CEO, and Product Architect of Tesla, Inc.; the founder of The Boring Company; and a co-founder of Neuralink and OpenAI, among other companies. According to the Bloomberg Billionaires Index and Forbes’ real-time billionaire’s list, Musk will be the world’s richest man in June 2022 with an estimated net worth of approximately US$203 billion.
Originally intending to attend Stanford University, he changed his plans in 1995 and moved to California with his brother Kimbal to start Zip2, a web software company. In 1999, Compaq paid $307 million for the startup company. In the same year, Musk co-founded X.com, an online bank that merged with Confinity to form PayPal in 2000. In 2002, eBay paid $1.5 billion to acquire the firm.
Pay Pal and The Space X Company
Musk attended Queen’s University in Kingston, Ontario, before transferring to the University of Pennsylvania in 1992, where he received a bachelor’s degree in physics and economics in 1997.
He enrolled in graduate school in physics at Stanford University in California, but he dropped out after only two days because he believed that the Internet had far more potential to change society than physics. It was in 1995 that he established Zip2.
Tesla
Entrepreneurs Martin Eberhard and Marc Tarpenning founded Tesla Motors (later renamed Tesla), an electric car company founded by Musk in 2004, and he was one of the company’s major backers. As of 2006, a car from Tesla could travel 245 miles (394 kilometers) on one charge, which was a record for the Roadster.
It was a sports car that could go from 0 to 60 mph (97 km/h) in less than four seconds, in contrast to most previous electric vehicles, which Musk thought was stodgy and boring. About $226 million was raised through the company’s initial public offering in 2010
Net Worth of Elon Musk
23,400 crores USD (2022). you can check here Elon Musk’s net worth in detail
With regard to The Amazon.Com Founder and Chief Executive
He was born on January 12, 1964, in New York City, New York City, and is an American media mogul and media, mogul-turned-commercial astronaut. He is the founder, executive chairman, and former CEO of Amazon.com. Bloomberg’s Billionaires Index and Forbes have ranked Bezos the world’s second-richest person as of June 2022, with a net worth of approximately US$146 billion. Bezos has held this position since 2017.
Having grown up in Houston and Miami before attending Princeton University, Jeff Bezos is a native New Mexican. When it comes to his education, he has degrees in both electrical engineering and computer science.
Amazon.Com
Amazon rose to the top of the e-commerce food chain quickly. To make it easier for its visitors, the site is available around the clock and encourages them to post book reviews. It also offers discounts, personalized recommendations, and the ability to look for out-of-print books. It began selling CDs in June 1998, and later that year added videos.
In 1999, Bezos added auctions to the site and made investments in other online retailers. Amazon’s success sparked the creation of online stores by other retailers, including major book chains.
Other Interests
Jeff Bezos also founded Blue Origin, a company that develops commercial spaceflight technology in 2000.
As soon as the acquisition was completed, Blue Origin announced plans to launch a crewed suborbital spacecraft, New Shepard, in 2018 and an orbital rocket, New Glenn, in 2020. In 2013, Bezos paid $250 million for The Washington Post and its affiliate publications. In 2018, Bezos’s net worth was estimated at $112 billion, making him the richest person on the planet.
Bezos’s Net Worth.
Net Worth: 13,890 Crores Usd (2022). You Can Check Here Jeff Bezos’s Net Worth in Detail
A Multi-Millionaire, Elon Musk Wasn’t yet Tesla’s Ceo Despite Being a Multi-Millionaire Himself.
Musk had already sold Zip2, a company he founded with his brother Kimbal, to Compaq for about $300 million at the time Bezos was launching Blue Origin. eBay purchased PayPal for $1.5 billion from Musk while it was in development.
To put it another way, PayPal sold him about $160 million, which he used to launch SpaceX in 2002.
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