Many investors are eager to invest in Blue Origin stock - especially after today's news...
The private spaceflight company, headed up by Amazon.com Inc. (Nasdaq: AMZN) CEO Jeff Bezos, just made history. It launched a rocket into space and then recovered the rocket completely intact in a controlled descent.
Rocket recovery has never been done before. The maneuver means massively reduced launch costs because it's a step toward ending U.S. dependence on Russia's "one-and-done" pricey, single-use rockets.
"Rockets have always been expendable. Not anymore. Now safely tucked away at our launch site in West Texas is the rarest of beasts, a used rocket," Bezos wrote in a blog post yesterday.
There's a bright future ahead for Blue Origin - but can investors take advantage?