Emerging Trends

Blue Origin now has a valuation and new, outside investors. Founded in 2000, CNBC reported last week that its founder, and up until now, sole investor, Jeff Bezos was closing in on a $10 billion fundraising round. If completed, the capital will put the private aerospace company’s valuation at $130 billion. Bezos is expected to contribute $2 billion to Blue Origin as part of the fundraise, with the hedge fund group Coatue Management putting in $4 billion. Reports also indicated there is strong investor demand to participate in the remaining $4 billion.