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Blue Origin raised $10 billion at a reported $140 billion valuation, and Jeff Bezos said the company could go public several years from now.
The article
Jeff Bezos Just Put Blue Origin's IPO on the Radar After $10 Billion Funding Round: 'It Probably Makes Sense' Amazon.com, Inc. (NASDAQ:AMZN) founder Jeff Bezos said that Blue Origin could eventually go public after the space company secured $10 billion in a funding round that reportedly valued it at $140 billion. Bezos Signals Blue Origin IPO On Wednesday, speaking on Fox News Channel’s "Special Report with Bret Baier," Bezos said an initial public offering could happen "several years from now," suggesting a stock market debut is part of Blue Origin’s longer-term plans. "I think, someday, Blue Origin will have an IPO; exactly when that will be, I don’t know," Bezos said, adding that "it probably makes sense for Blue Origin to be a public company at some point." The Amazon founder said he has invested approximately $28 billion in the space company since launching it in 2000. Read Also: Amazon AI Boom: Analysts See AWS, AI Agents Driving Bigger Growth $10 Billion Raise Values Blue Origin At $140 Billion The company’s latest funding round marks its first major capital raise from outside investors. Bezos said he didn’t want outside investors until now, but he now sees the "financial future of Blue with some clarity now." Blue Origin has secured multibillion-dollar contracts from NASA and the U.S. Space Force, including work tied to NASA’s Artemis lunar program. It still competes with Elon Musk’s Space Exploration Technologies Corp. (NASDAQ:SPCX) in the commercial launch market. New Glenn Targets December Return Blue Origin is also preparing to resume New Glenn launches after a May explosion during a static-fire test delayed its launch plans. Bezos said the company expects to fly the rocket again in December. "December of this year, we’re going to fly that vehicle again," Bezos said. Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Read Also: The Emmys Are Moving to Amazon Prime Video — And You Won’t Need a Prime Subscription to Watch Photo Courtesy: Lev Radin on Shutterstock.com