Bezos buys self-driving startup, Musk calls him ‘copy cat’
This isn’t the first time Musk has taken a dig at Bezos for indulging in similar business deals.
However, this isn’t the first time Musk has taken a dig at Bezos for indulging in similar business deals. He had previously called Bezos ‘a copy cat’ when the latter’s rocket-launch startup Blue Origin was making plans for a satellite-based internet service giving competition to Musk’s firm in April 2019. A few weeks ago, he had also tweeted that it was ‘time to break up with Amazon’.
.@JeffBezos is a copy haha https://t.co/plR7uupqBG— Elon Musk (@elonmusk) 1593192533000
@techreview .@JeffBezos copy— Elon Musk (@elonmusk) 1554854061000
In the meantime, Amazon has agreed to pay more than $1 billion to buy Zoox. The deal falls in line with the e-commerce firm’s plans to expand its reach in autonomous vehicle technology. Last year, Amazon participated in a $530 million funding round in self-driving car startup Aurora Innovation Inc.
A Wall Street Journal report suggested that the deal could value Zoox at less than the $3.2 billion that the company raised in a funding round in 2018.