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Jeff Bezos is opening Blue Origin to outside investors for the first time in 26 years, seeking $10 billion in fresh capital at a $130 billion pre-money valuation.
Blue Origin's New Glenn rocket exploded during a static fire test at Cape Canaveral, destroying the vehicle and launch pad infrastructure. The incident threatens Amazon's satellite launch timeline and raises concerns about rocket safety protocols.
Blue Origin has committed $600 million to expand its Rocket Park campus in Cape Canaveral, Florida, as part of Project Horizon. The investment comes ahead of SpaceX’s record IPO and after a recent payload mishap.