Bezos ramps up his rivalry with Elon Musk over space with the move, letting in institutional investors right as SpaceX stumbles in public markets

The valuation follows a record-setting debut for Elon Musk’s rocket maker.

Jeff Bezos's Blue Origin is raising about $10bn in its first outside round, valuing the rocket firm at $130bn, CNBC reports, after SpaceX's record IPO.