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Bezos' Blue Origin Hits $130 Billion Valuation

Blue Origin is raising about $10 billion in its first public fundraising round, valuing the space company at approximately $130 billion

Jeff Bezos

Jeff Bezos' Blue Origin is raising about $10 billion in its first public fundraising round, valuing the space company at approximately $130 billion, CNBC reported, citing sources familiar with the matter.

According to the report, Bezos will invest $2 billion, while hedge fund Coatue Management is expected to contribute about $4 billion. The remaining $4 billion has reportedly attracted strong interest from several major investors.

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The fundraising follows the recent blockbuster initial public offering of Elon Musk's SpaceX, which raised nearly $86 billion and reached a valuation of about $2 trillion.

Bezos said in May that Blue Origin was considering outside investment after years of relying primarily on proceeds from his Amazon stock sales. The company competes with SpaceX in launch services, lunar missions and satellite internet.

Blue Origin is also working to recover from a New Glenn rocket explosion during a May ground test and aims to resume flights by the end of 2026 for NASA and commercial customers.

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