Earlier quoted context omitted.
Mentioning Virgin Galactic and Blue Origin in the same breath as SpaceX seems disingenuous. It's like comparing an horse+cart with a modern car. Maybe Electron and Virgin Orbit are in the race, but these hop 100km (or 80!) up and about 5 miles downrange are nowhere near the same league.
The US was behind the USSR at the beginning of the last space race. Jeff Bezos is an extremely smart and talented guy, and is now focusing a lot more of his time on Blue Origin. I wouldn't count them out.
Sure, he studied electrical engineering in the 80s, but I don't think that's going to help Blue Origin catch up with it's main competitor.