Bezos' Blue Origin valued at $130 billion in first outside fundraising round
Bezos' Blue Origin is raising outside capital in a round valuing the rocket company at $130 billion, sources told CNBC's Andrew Ross Sorkin.
AI Summary
Blue Origin is raising about $10 billion in its first outside funding round, valuing the rocket company at $130 billion. Jeff Bezos will contribute $2 billion, hedge fund Coatue Management will add about $4 billion, and the remaining $4 billion has attracted strong demand from major investors. The funding round comes shortly after SpaceX's blockbuster IPO, and Bezos has previously funded Blue Origin solely through sales of his Amazon stock.