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Bezos’ Blue Origin is raising outside capital for the first time to compete for NASA contracts as rival SpaceX’s stock falters
- Blue Origin is raising $10 billion at a reported $130 billion valuation — Bezos will put in $2B, Coatue $4B, and the rest would come from institutional investors (the first time the company’s tapping outside capital).
- It marks a big shift from Bezos self-funding and ramps up the Bezos-vs.-Musk space rivalry as SpaceX — still ahead on launches and government contracts — faces public-market volatility.
- The bet is risky: Blue Origin’s New Glenn exploded in a May test, Amazon’s Kuiper lags SpaceX’s Starlink, so investors are buying into a long, expensive catch-up race.
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