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Blue Origin Seeks $10 Billion Outside Capital at $130 Billion Valuation
Jeff Bezos’ Blue Origin is pursuing its first external funding round after SpaceX completed an $86 billion IPO. Chinese banks are also expanding credit to the country’s commercial space firms. A US lobbyist noted the United States retains the strongest position but faces faster Chinese progress.
Jul 8, 6:52 PM·1m read1 source
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Blue Origin is seeking its first outside capital, aiming to raise $10 billion at a valuation of about $130 billion, Semafor reported. The effort follows SpaceX’s record $86 billion IPO, which made Elon Musk a trillionaire. In China, banks are stepping up lending to the commercial space sector, Caixin reported via Semafor.
One bank pledged $1.5 billion in credit support for aerospace enterprises over the next three years.
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