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AsiaPac · 2 hrs ago
Bezos' Blue Origin seeks first outside funding at $130 billion valuation, NYT DealBook reports
July 8 : 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.Blue Origin did not immediately respond to a Reuters request for comment. SpaceX, with operations spanning rockets, satellites and AI, secured an about $1.75 trillion valuation in it
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