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Blue Origin reportedly raising $10B at $130B valuation

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CitrixNews Staff
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Blue Origin reportedly raising $10B at $130B valuation

Billionaire Jeff Bezos’ space rocket company Blue Origin is raising $10 billion at a $130 billion pre-money valuation from Coatue Asset Management, Bezos himself, and other large investors, The New York Times reported.

Coatue is expected to invest about $4 billion in the round, which would be Blue Origin’s first external fundraise. Bezos is said to be committing $2 billion, and the other investors will account for the remaining, according to the report.

Originally reported by TechCrunch. Read the full story at the original source.