According to reports from The New York Times, Blue Origin is seeking to raise approximately $10 billion in its first-ever external funding round, valuing the space company at $130 billion. The funding round is expected to include significant participation from major investors, with the remaining $4 billion portion seeing substantial demand from multiple parties. As reported by The New York Times, Coatue Asset Management is expected to invest about $4 billion in the round, which would be Blue Origin's first external fundraise. Bezos is said to be committing $2 billion, and the other investors will account for the remaining funds, according to the report. For more than two decades, Blue Origin had exactly one investor: Jeff Bezos, making this the end of that anomalous era in the startup world.
As reported by The New York Times, Bezos is expected to invest $2 billion in the funding round, while hedge fund Coatue Asset Management is set to contribute around $4 billion. The remaining $4 billion portion has attracted significant interest from several major investors, though the specific identities of these participants remain undisclosed due to the private nature of the fundraising process. According to The Information, Coatue's participation is notable given the firm's activity in both traditional tech investing and crypto-adjacent ventures, suggesting the convergence of these worlds rather than divergence. CEO Dave Limp, who took the helm after a career at Amazon, has apparently concluded that scaling launch cadence and satellite projects requires more capital than even Bezos wants to keep writing checks for.
The funding follows a major setback for Blue Origin, whose flagship rocket New Glenn exploded during testing in late May as it was preparing for its fourth launch. As reported by The New York Times, the company hadn't nailed down the reason for the explosion as of last week, but it still intends to use the rocket for launches later this year. Getting New Glenn operational is a top priority for Blue Origin, especially now that the company has refocused its efforts entirely on supporting NASA's Artemis missions to the moon. The company also needs to rebuild its launchpad in Cape Canaveral, the only pad that can support the rocket and one of the most powerful launch vehicles in the world today.
According to The New York Times, the funding will help Blue Origin with its satellite internet network, revealed earlier this year, which would use thousands of satellites to provide data connectivity to enterprise, government, and data center customers. The company also harbors ambitions to launch and operate data centers in space, capitalizing on a budding movement that seeks to move massive amounts of computing capacity to orbit. The $130 billion valuation sets a new benchmark for private space companies, with the participation of crypto-friendly Coatue suggesting growing interest in space-adjacent ventures that embrace digital asset technologies. Blue Origin began accepting cryptocurrencies for its suborbital flights in August 2025, including Bitcoin, Ethereum, Solana, USDT, and USDC, making it one of the most prominent traditional companies to integrate crypto payments.
As reported by CNBC TV18, Blue Origin was founded by Jeff Bezos in 2000 and operated as a private American aerospace manufacturer and spaceflight services company. The company specializes in developing heavy-lift rockets, lunar landers and orbital infrastructure, with a long-term goal of enabling large-scale space exploration. The $10 billion raise at a $130 billion valuation means new investors are getting roughly 7.7% of the company, marking the end of Blue Origin's anomalous 25-year history as Bezos's personal moonshot funded through Amazon stock sales. However, as noted by The Information, the risk remains that the valuation reflects ambition more than current revenue, given Blue Origin's historically lagging launch cadence compared to SpaceX. The participation of Coatue in this round suggests the firm sees these traditional and crypto-adjacent worlds converging rather than diverging.
