Jeff Bezos’ Blue Origin seeks first outside funding at $130 billion valuation: Report
Jeff Bezos’ Blue Origin is looking to tap outside investors for the first time, aiming to raise $10 billion in a funding round that would value the rocket maker at $130 billion before the investment, according to an NYT DealBook report on Wednesday.
Coatue Management, a big asset manager, is expected to lead the round with a $4 billion commitment, the report said, adding that Bezos is set to contribute an additional $2 billion.
The report comes as investor appetite for space companies has surged following SpaceX’s IPO last month, which lifted expectations for valuations of privately held aerospace firms.
