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Blue Origin Is Raising Cash at a Big Valuation—But Space Stocks Continue to Struggle Post-SpaceX IPO
Blue Origin is reportedly nearing the end of a fund round that values it at $130 billion.Credit: Mauricio Paiz / NurPhoto via Getty ImagesKey TakeawaysBlue Origin is reportedly nearing the end of a fundraising round that values the rocket launch company and SpaceX competitor at $130 billion.SpaceX’s record-shattering IPO last month has caused investor interest in the space economy to boom, though space stocks have cooled off since SpaceX’s debut marked the end of a big pre-IPO run-up.Big investors just put a pile of money into Jeff Bezos’ rocket company. Shouldn’t that be good for space…
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