Blue Origin seeks $10 billion funding at $130 billion valuation

Blue Origin, the aerospace company founded by Jeff Bezos, is preparing its first external funding round, seeking to raise $10 billion at a valuation of approximately $130 billion. This move marks a shift from its previous reliance on Bezos's personal wealth, partly funded by selling Amazon shares. Source: portafolioco, larepublicaco

The funding round is reportedly led by Coatue Management, which plans to invest $4 billion. Bezos himself is expected to contribute an additional $2 billion, with the remaining $4 billion coming from institutional investors. Source: portafolioco The valuation of $130 billion excludes the new funds, according to sources familiar with the matter. Source: larepublicaco

Context and competition

The fundraising comes on the heels of SpaceX's historic IPO, which raised $86 billion and briefly made it more valuable than Amazon. Blue Origin competes with SpaceX in several space segments, including rocket launches and lunar missions. Source: portafolioco, larepublicaco

Operational challenges

Blue Origin has faced setbacks with its New Glenn rocket, which only had its first successful launch in January 2025 and was grounded after a May explosion. The company aims to resume flights by year-end. Meanwhile, its smaller New Shepard rocket for space tourism was grounded in January to focus on lunar lander development and other projects. Source: larepublicaco