Jeff Bezos’s Blue Origin is planning its first-ever external fundraising round, targeting $10 billion at a $130 billion valuation, according to The New York Times’ DealBook.
Coatue Management is reportedly set to invest $4 billion as the lead investor, with Bezos committing $2 billion and institutional investors supplying the rest.
The planned raise follows the failed May test of Blue Origin’s New Glenn rocket and comes as competition and investor interest in the space industry continue to grow after SpaceX’s recent IPO.
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