Jeff Bezos Is Seeking Outside Investors for Blue Origin for the First Time in the Company's 25-Year History

Jeff Bezos Is Seeking Outside Investors for Blue Origin for the First Time in the Company's 25-Year History

Blue Origin is seeking a capital raise following a catastrophic explosion.

Blue Origin Seeks Outside Investors For The First Time As New Glenn Explosion Clouds IPO Prospects

Jeff Bezos is opening Blue Origin to outside investment for the first time in the rocket company’s 25-year history, following a costly explosion that has complicated its financial outlook. The move marks a significant shift for Bezos, who has until now served as Blue Origin’s sole financial backer throughout the company’s entire existence. The timing is difficult, coming just days after Blue Origin’s New Glenn rocket detonated during a static fi…