According to CNBC on Wednesday (July 8), Amazon founder Jeff Bezos's space company Blue Origin launched its first external fundraising in 26 years, raising approximately $10 billion with a post-money valuation of $130 billion. Bezos is investing $2 billion personally, while hedge fund Coatue Management committed around $4 billion, with the remaining $4 billion from major institutional investors.
The funding marks a significant shift for Blue Origin, which has historically relied on Bezos's Amazon share sales for capital. The company competes with SpaceX in heavy-lift rockets, lunar landers, and satellite networks, but trails in commercialization progress.