What Happened
Bezos' Space Venture Seeks Outside Investors for Expansion
Jeff Bezos’ space venture, Blue Origin, has been valued at $140 billion, with the company seeking outside investors for expansion. Bezos has invested $30 billion in the company since 2000, and it now employs 15,000 people. Blue Origin aims to generate $30 billion in annual revenue by 2030, with plans for launch services, satellite communications, and AI infrastructure. The company’s New Glenn rocket has flown three times since January 2025, but faced a setback in April due to an upper-stage failure. This article was first reported by International Business Times UK.