skinny.

Latest / Raleigh News Today | 2 Min News | The Daily News Now!

Blue Origin Takes Outside Money | Raleigh News

After 26 years of funding Blue Origin entirely from his own pocket using Amazon stock, Jeff Bezos is now turning the page — the company just closed its first-ever outside funding round, raising billions and valuing the firm at $130 billion. This pivot comes after a major setback: a New Glenn rocket explosion destroyed the vehicle and launchpad, forcing Blue Origin to seek outside capital to meet ambitious goals — including launching the New Glenn, building a NASA lunar lander for Artemis, and scaling its satellite internet business to rival Starlink. With investors now onboard, Blue Origin…

The skinny

The skinny isn't ready yet — notes appear once the transcript is processed.