With successful New Glenn flight, Blue Origin may finally be turning the corner
If one were to observe that I have written critically about Blue Origin over the last half-decade, they would not be wrong.
The reality is that the space company founded by Jeff Bezos has underperformed. Its chief executive for most of this time, Bob Smith, was poorly regarded by his employees. He brought the worst of “old space” tendencies to Blue Origin from Honeywell. And under Smith’s leadership, Blue was litigious, slow, and unproductive.
Frankly, it was a bad look for Bezos. He was pumping something on the order of $2 billion a year into Blue Origin for what, exactly? Lawsuits against NASA? Jokes about BE-4 rocket engine delays?
