Jeff Bezos sells $1 bn of stock for space dream

Amazon CEO is selling the retail giant's stock every year to finance his Blue Origin rocket company

Standing against the backdrop of his New Shepard rocket booster and a full-scale mock capsule for carrying humans into space, Jeff Bezos revealed on Wednesday that he was selling about $1 billion in Amazon stock a year to finance his Blue Origin rocket company.

Bezos, the billionaire founder of Amazon, showed off the reusable rocket booster and the mock-up of the capsule that will take people up for panoramic views back down at earth, during a symposium.

Bezos, who hopes to build Blue Origin into a commercial and tourist venture, also disclosed that it would cost about $2.5 billion to develop an