Blue Origin raises $10B at $130B valuation in first outside round

Blue Origin is raising about $10 billion at a $130 billion pre-money valuation, its first-ever external fundraising round, according to reports on July 8. Coatue is expected to invest roughly $4 billion and founder Jeff Bezos about $2 billion, with other large investors covering the balance. The raise follows the late-May New Glenn static-fire explosion and rides a wave of investor interest in space companies after SpaceX's record IPO.