Jeff Bezos Sold Amazon Stock!

Jeff Bezos sold Amazon stock! Bezos, who already sold $ 2.5 billion Amazon shares, will fund the space and aviation company.

Jeff Bezos, who sold $ 10 billion worth of shares last year, sold $ 2.5 billion for the first time in 2021. Bezos sold around 739,000 shares this week as part of an earlier plan, according to the US capital markets regulator SEC. In another statement, it was also stated that Bezos plans to sell up to 2 million shares. In the 15 years following its 1997 IPO, Amazon had sold one-fifth of Bezos shares for about $ 2 billion. As a result of the rise in share prices in recent years, Bezos now has the opportunity to make billions of dollars by selling small amounts. Amazon stocks, which rose 76 percent in 2020, have not changed much this year. It was stated that the reason behind Bezos' share sale was to fund the Blue Origin company, which he founded for space and aviation research. In a statement Wednesday, Blue Origin announced that the first manned spaceflight will take place on July 20. The company also said that one of the seats on the rocket will be available for sale through auction. Amazon's founder Jeff Bezos stated at a space conference held in 2017 that he would sell $ 1 billion of shares each year to fund Blue Origin.