Companies
Wednesday, 7/8, 01:37 PM
Blue Origin Raises $10 Billion at a $130 Billion Valuation, Its First Outside Money
- Jeff Bezos's rocket company Blue Origin is raising $10 billion in its first-ever outside funding round, at a valuation of about $130 billion, ending 25 years of relying almost entirely on Bezos's own money.
- The hedge fund Coatue is leading the round, a sign of how much capital it now takes to compete in commercial spaceflight.