Blue Origin seeks to raise $10 billion in outside capital

Blue Origin plans to raise $10 billion in its first outside investment, led by Coatue Management, valuing the company at $130 billion. CEO Dave Limp confirmed the move in a memo, stating it reflects confidence in the company's mission and strategy. The funds will support projects like the New Glenn rocket, lunar landers, and satellite constellations, with Blue Origin aiming for up to 50 annual launches by 2030.