This new business from Amazon represents a '$100 billion opportunity,' Morgan Stanley says [CNBC]
Morgan Stanley (MS)
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Source: CNBC
This new business from Amazon represents a '$100 billion opportunity,' Morgan Stanley says Jeff Bezos announces Blue Moon, a lunar landing vehicle for the Moon, during a Blue Origin event in Washington, DC, May 9, 2019. Saul Loeb | AFP | Getty Images Amazon Called ject Kuiper Jonas said ject Kuiper represents as much as a "$100 billion opportunity," marking it as a play in the consumer broadband sector of the space economy. Morgan Stanley's estimate is based on its expectation that the space economy will grow to more than $1 trillion over the next 20 years. The firm's comments came in a feature on Bezos' space business Blue Origin Morgan Stanley on the connection between Jeff Bezos, Amazon and Blue Origin Amazon last year hired the former leader of SpaceX's satellite program, CNBC reported in April 's "We believe investors may want to pay attention to Jeff Bezos for the advancement of efforts in Space, as he has demonstrated both the will and, increasingly, the financial muscle to pu
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MS
Earnings
- 4/16/24 - Beat
MS
Sec Filings
- 4/17/24 - Form FWP
- 4/17/24 - Form 424B2
- 4/17/24 - Form 424B2
- MS's page on the SEC website