Ken Griffin wins $8 million Bezos spaceflight public sale, donates 2 seats
Ken Griffin, Founder and CEO, Citadel (L) and Blue Origin New Shepard rocket lifts off (R)
Ken Griffin, billionaire founder and CEO of hedge fund Citadel, positioned the profitable $8 million bid in an public sale Monday for a seat on a spaceflight with Jeff Bezos’ Blue Origin.
Bezos’ firm donated two seats on its New Shepard rocket for a “purchase one, give one” public sale on the nonprofit Robin Hood’s annual profit for New York Metropolis, with the second seat going to a metropolis instructor.
However Griffin is not going to launch to area himself, as a substitute giving again his seat in order that two educators can fly.
A Robin Hood spokesperson instructed CNBC that the group will accomplice with Griffin, Blue Origin and New York Metropolis’s Division of Schooling to pick out the 2 lecturers for the spaceflight, saying an announcement concerning the “course of and timeline” is coming quickly.
A Blue Origin spokesperson added the timing for the New Shepard launch is just not set and that the corporate is just not planning to public sale off the flight’s remaining 4 seats.
Blue Origin’s New Shepard rocket launches from the corporate’s non-public facility in West Texas and flies past 100 kilometers altitude, or about 340,000 ft, the place the crew experiences about two minutes of weightlessness earlier than returning to Earth.
Notably, Griffin’s bid is $20 million lower than the profitable bid of an public sale that Blue Origin held for a seat on its inaugural New Shepard flight final yr — though that ticket got here with a trip together with Bezos himself.