Blue Origin seeks outside funding for first time
Blue Origin, Jeff Bezos' space company, is raising outside money for the first time, shifting away from being solely funded by Bezos. CEO Dave Limp says the round is highly popular among investors and not yet closed. Reports suggest Blue Origin is seeking up to $8-10 billion, with Bezos himself contributing part of this. The move follows a landmark year for investor interest in commercial space and aims to accelerate new projects.
- First time Blue Origin has sought outside capital
- CEO says funding round is oversubscribed
- Bezos still contributing funds in new round
- Company seeks to ramp up rocket launches and lunar work
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