Blue Origin Raises External Funds for the First Time, Says Its Boss - TradingView
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Blue Origin CEO Dave Limp confirmed on Tuesday that the American space company was in the process of raising its first funds from external investors, and was therefore no longer solely financed by Amazon founder Jeff Bezos. "We are raising external funds for the first time," he said during an event in Washington, thus confirming press reports. According to several American media outlets, the company founded by Jeff Bezos was seeking to raise 10 billion dollars, including 8 billion dollars in external capital. This fundraising comes shortly after Elon Musk's rival company SpaceX made a historic stock market debut in June, with 85.7 billion dollars raised, for a valuation of 1,770 billion dollars. Both companies were founded in the early 2000s by the two multi-billionaire entrepreneurs, but SpaceX has since established itself as the world's number one player in commercial space launch. Blue Origin is nevertheless trying to catch up and is in direct competition with SpaceX in several areas, including sending data centers into space and transporting astronauts to the Moon as part of NASA's Artemis program. Without mentioning SpaceX, Dave Limp indicated on Tuesday that this fundraising was motivated by "a combination of factors." He notably listed the commissioning in 2025 of the large New Glenn rocket, the announcement of plans to deploy orbiting data centers, and the need "to...
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