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Jeff Bezos, founder of Amazon and Blue Origin, told Fox News that the 1969 Moon landing cost almost 3% of GDP, which helps explain why returning has been hard. He wants the next phase to be a lower-cost, sustainable lunar base rather than brief missions, and describes the Moon as a steppingstone about a three-day journey from Earth with resources for solar cells and rocket propellant. Bezos said he has personally invested $28 billion in Blue Origin since founding it in 2000, and the company recently raised $10 billion from outside investors for the first time. He expects Blue Origin to eventually have an IPO, though probably a few years later. The article also notes SpaceX completed its IPO in June.
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A 17,500-square-foot oceanfront estate at 255 Ocean Boulevard in Golden Beach sold for $69.5 million in September, a local sales record. Property records show it was bought by Delaware-based Meridian Coast LLC, which sources told The Real Deal is tied to Jeff Bezos, though the article notes this has not been confirmed. If confirmed, the purchase would add to Bezos's existing $234 million real estate portfolio on Indian Creek Island. Brokers quoted in the article say oceanfront single-family land in Miami-Dade is nearly extinct, with about 60 homes on the Golden Beach strip, so buyers are paying a scarcity premium. Golden Beach, historically a quiet, family-oriented enclave with its own police force and zoning that bans high-rises, is increasingly seen as one of the country's most exclusive oceanfront markets.
- Charles Gasparino Defends Jeff Bezos, Elon Musk — Says America Needs 'More Bezos' and a Tax System That Rewards Risk-Taking
Fox News host Charles Gasparino responded to Jeff Bezos' remark that 'success is not villainy,' arguing that the U.S. tax system should encourage entrepreneurs to take risks and that America needs more people like Bezos and Elon Musk. He said political criticism of wealthy business leaders has pushed some entrepreneurs toward free-market principles. In the tax debate, former Labor Secretary Robert Reich argued that raising Bezos' income taxes would raise nothing in years he paid no federal income tax, while a wealth tax could target accumulated wealth. Federal Reserve data showed inflation-adjusted median wealth rose 19% for the richest 10% of households between 2022 and 2025, while it fell 56% for the poorest 25%.
- Jeff Bezos Could Take Blue Origin Public. Amazon Investors Just Got a New Space Question
Jeff Bezos said Blue Origin will likely go public in several years, after the rocket company raised $10 billion from outside investors for the first time at a reported valuation of $140 billion. Bezos has personally invested about $28 billion in Blue Origin since its launch in 2000. An IPO would give the company access to public-market capital rather than relying mainly on Bezos’ wealth. For Amazon shareholders, it could separate Bezos’ space spending from his Amazon holdings, although the two companies have commercial ties, including New Glenn launch contracts for Amazon Leo satellite broadband. Bezos also said New Glenn will fly again in December after an earlier launch-pad setback this year.
- VOO, VTI, SPY, or IVV? How These 4 Index Funds Differ
The four largest ETFs in the world, VOO, IVV, SPY and VTI, together manage about $3.5 trillion, but the article argues they are not fully interchangeable. VOO and IVV are nearly identical, both with a 0.03% expense ratio and very high liquidity, while SPY has the highest fee at 0.0945% but is the most liquid, trading over $30 billion daily mainly through large institutions. VTI covers roughly 3,500 U.S. stocks across all market caps, but because it is market-cap weighted, about 88% of its holdings overlap with the S&P 500. Over the past decade VTI has trailed VOO by roughly 0.6% annually, a gap the author thinks is unlikely to last indefinitely as small-caps could outperform.
- Social Security COLA 2027 Hands Retirees a Bigger Cheque, but Medicare and a 2032 Shortfall Could Claw It Back
The Social Security Administration confirmed a 3.6% cost-of-living adjustment (COLA) for 2027 on 14 October, lifting the average retirement benefit by $75 a month from January. That is the largest annual increase since 2023 and well above the 2.8% granted for 2026. However, the Medicare Part B premium is projected to rise $6.60 to $209.50 a month in 2027, which would absorb close to 9% of the average increase. The OASI trust fund is projected to run out in the fourth quarter of 2032, after which incoming payroll taxes would cover about 78% of scheduled benefits, triggering a roughly 22% cut unless Congress acts. Disabled veterans will only receive the matching increase if Congress passes the annual Veterans' Compensation Cost-of-Living Adjustment Act.
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NVIDIA CEO Jensen Huang said on the BG2 podcast that about a third of the business, classical computing unrelated to AI labs, is growing 30% to 40% a year, while frontier labs account for roughly 25% to 30% of compute. In the three months to July 26, 2026, revenue rose 106% to $96.2 billion, with AI clouds, industrial and enterprise revenue up 138%. Steve Eisman cited a 10-Q line showing 70% of NVIDIA's accounts receivable comes from five customers, though the article notes receivables are not the same as revenue share. NVIDIA trades at 17.7x forward earnings, near its three-year low of 17.5x and well below its 30.3x average.
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Wedgewood Partners reported that its Wedgewood Composite returned 2.5% net in the third quarter of 2026, compared with 2.3% for the S&P 500 and 0.9% for the Russell 1000 Growth. In its investor letter, the firm named Amazon a leading contributor, citing AWS revenue growth accelerating to 37% from 17% a year earlier and a 63% rise in the segment's operating income. AWS backlog of around $500 billion is more than double last year's level and up 37% from 90 days earlier, and Wedgewood said this demand supports a plan to double AWS capacity from circa 2025 levels by 2027. Advertising grew 26% and generated over $75 billion in revenue over the past 12 months. As of October 16, 2026, Amazon closed at $250.00, with a market capitalization of $2.7 trillion and a 21.22% gain over the past year.
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Bitcoin failed to follow rising equities as a wall of sell orders above $83,000 across exchanges capped gains, and BTC slipped below $82,000 after Monday's Wall Street open. The Nasdaq Composite gained 1.5% and South Korea's KOSPI rose 1.76% to 5,768 points, while the US 10-year yield climbed to 5.13% and the 30-year to 5.46%, moving in step with stocks ahead of major tech earnings from Meta, SpaceX and Tesla. QCP Capital warned that a repeat of last week's tech sell-off could threaten the $80,000 support level. Crypto liquidations totaled $335 million over 24 hours, and the Binance whale ratio fell to 0.45 from 0.54 at the start of October.
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