What Happened
Bezos-Funded Launch Provider Opens to Outside Investment
Blue Origin is reportedly seeking $10 billion in funding at a $130 billion valuation, marking a significant expansion of its business beyond launch services. The investment round, which includes contributions from Bezos and Coatue Management, may indicate a shift in the company’s strategy. Despite a recent setback with the explosion of its New Glenn rocket, Blue Origin is targeting a return to flight before the end of the year. The company has also been expanding its business lines, including a proposed satellite constellation and work on Orbital Reef. This development was first reported by Payload Space.