What Happened
Blue Origin, the space exploration company founded by Jeff Bezos, is reportedly in the process of raising $10 billion from outside investors. This would be the first time the company has sought external funding in its 25-year history.
The reported fundraising round values Blue Origin at $130 billion. The company has previously been self-funded by its founder.
Details regarding the specific terms of the investment or the types of outside investors being approached were not immediately available in the reports.
Key Facts
- 1
Blue Origin is reportedly seeking to raise $10 billion.
- 2
This is reportedly the first round of outside fundraising for Blue Origin.
- 3
The company is reportedly valued at $130 billion.
- 4
Blue Origin was founded by Jeff Bezos.
- 5
The company has been self-funded for 25 years.