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Blue Origin Eyes $10B as New Glenn Recovers | Tech News
Description
Blue Origin is eyeing a $10 billion funding round, pushing its valuation to $130 billion before cash hits the bank — led by Coatue and Jeff Bezos himself — just as they recover from a fiery New Glenn rocket test mishap in May. With a rebuilt Cape Canaveral launchpad and a tight deadline to fly again by year’s end, the company is doubling down on NASA’s Artemis moon missions, while also eyeing space-based data centers and a satellite internet network. All this comes hot on the heels of SpaceX’s record-breaking $85 billion IPO at a $1.75 trillion valuation — making the space race even more intense.
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