Jeff Bezos's rocket company takes its first major step toward outside investors after years of going it alone
Blue Origin, the aerospace company founded by billionaire Jeff Bezos, is close to raising $10 billion from outside investors in a deal that would value the space company at approximately $130 billion, The New York Times’ DealBook reported Wednesday.
The landmark funding round would be the company’s first external fundraising in its 25-year history. Bezos founded Blue Origin in 2020 to advance reusable spaceflight and help make space more accessible over time.
According to the report, Coatue Management is expected to invest $4 billion, with Bezos adding $2 billion and other institutional investors contributing the remaining $4 billion.
Blue Origin has previously been funded almost entirely by Bezos, and the financing would provide the company with its first externally established valuation while diversifying its capital base.
The fundraising comes as Blue Origin increases investment in launch services, NASA lunar missions and satellite communications infrastructure. Investors are reportedly focusing on the company’s long-term growth prospects despite the recent loss of a New Glenn rocket during a test launch in May.
