Jeff Bezos's commercial space flight company Blue Origin has reportedly sought to raise $10 billion in capital, pushing the Space Exploration Technologies Corp.
(NASDAQ:SPCX) rival's valuation to $130 billion.
Blue Origin's First External Investments?
According to a report by the New York Times Dealbook on Wednesday, the company has gotten a $4 billion commitment from Coatue Management, a hedge fund specializing in tech-related investments.
Read Also: SpaceX Doubles Prices for Starlink Aviation Plans, Raises Hardware Cost to $200,000 Blue Origin did not immediately respond to Benzinga's request for comment.
