AFTER FALLING FAR BEHIND THE REST OF INDUSTRY, BLUE ORIGIN CREATES NEW STOCK OPTION PLAN

Summary from the TLDR newsletter

When Jeff Bezos launched Blue Origin, he knew that the company would not meet investors' expectations for return on investment over a typical investing horizon. Decades later, the company is still not operationally profitable, though recently, it has made impressive strides and seen financial returns from the sale of engines and commercial launches. To continue its growth and attract top talent, Blue Origin will begin granting stock options to employees this spring. The new program is structured to provide opportunities for liquidity events that will enable employees to convert vested stock options into realized value. More details about the program will be released during a company-wide meeting on April 17.