Blue Origin, for the first time, is expected to raise private equity

The rocket company founded by Jeff Bezos, Blue Origin, is raising venture capital The DealBook newsletter was reported Early Wednesday.

According to the book, the company is raising $10 billion, which makes it worth $130 billion. Coate Management, a leading asset manager, is expected to lead with a commitment of $4 billion. Another $4 billion is expected to come from major financial institutions. And Bezos will pay an additional $2 billion.

Founded in 2000, Blue Origin aims to be a world leader in spaceflight, developing lines of heavy-lift rockets, moon landings, and plans for two constellations. It wants to compete in the same areas – launch, telecommunications, data centers from space – as SpaceX.

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