Blue Origin Targets $10B Funding Round at $130B Valuation to Accelerate Space Rivalry

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Source: Business Insider
Blue Origin Targets $10B Funding Round at $130B Valuation to Accelerate Space Rivalry
Photo: Business Insider
TL;DR Summary

Blue Origin is raising $10 billion from external investors at a $130 billion pre-money valuation, led by Coatue with a $2 billion contribution from Jeff Bezos. This marks the company’s first external funding and aims to accelerate growth as it competes with SpaceX, which has far more launches and recently went public with a multi-trillion-dollar valuation.

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