Alphabet Inc Class CZoox's Robotaxi update and ride count comparison highlight Waymo's slower growth.
Jeff Bezos' companies are taking on Elon Musk's businesses on two fronts, as Amazon-owned Zoox unveiled its updated Robotaxi while Bezos-owned Blue Origin showcased new technology aimed at future Mars missions. Zoox revealed an updated version of its Robotaxi, saying it can produce over 100 units of the vehicle, with hardware unchanged but improvements to ergonomics, comfort, a better touchscreen, and an improved two-way audio system. The vehicle retains its LiDAR-enabled self-driving suite and bidirectional design with four face-to-face seats, and Zoox has completed over 500,000 rides since launching in Las Vegas, compared to Alphabet's Waymo providing 500,000 rides per week across more than 10 U.S. cities. Meanwhile, Blue Origin touted its Mars technology, with CEO Dave Limp showcasing the Blue Ring Mars Telecommunications Orbiter, which provides propulsion and Earth communication, simplifies requirements for orbiters and landed assets, and offers next-generation high-resolution imagery, weather and dust storm monitoring, and ice mapping for fuel resources. The orbiter features both electric and chemical propulsion for enhanced performance and payload capacity during interplanetary cruise, as Mars remains a key goal for Musk and SpaceX, with Musk's pay package including establishing a colony on Mars as a milestone.
Alphabet Inc Class CZoox's Robotaxi update and ride count comparison highlight Waymo's slower growth.
Tesla IncZoox's Robotaxi update and Blue Origin's Mars tech intensify competition for Tesla and SpaceX.
Amazon.com IncAmazon's Zoox unveiled updated Robotaxi, but no direct financial impact mentioned.
Space Exploration Technologies Corp. Class A Common StockBlue Origin's Mars orbiter technology challenges SpaceX's Mars ambitions.
Blue Origin showcased Mars technology, but no direct financial impact.