Blue Origin seeks $8 billion from external investors, ending Bezos-only funding
Blue Origin announced it will raise up to $8 billion from outside investors, ending Jeff Bezos' sole financial backing.
At a Washington event, Blue Origin confirmed it is opening its capital to external investors for the first time, targeting $8 billion. Jeff Bezos has contributed roughly $30 billion since the company's inception. The move follows SpaceX's recent $85.7 billion stock-listing that valued it at $1.77 trillion. Blue Origin hopes to close the gap with SpaceX in lunar missions and space-based data-center projects. The fundraising effort signals a strategic shift for the private-space firm.
