Business · Updated 8 Oct, 08:09 am IST
Jeff Bezos says Blue Origin likely to seek IPO in coming years
Why it matters for readers: It explains why a major space firm might choose to go public after raising large private funding rounds.
- Bezos said Blue Origin will 'probably' have an IPO several years from now, calling it sensible for the company to be public at some point.1
- The comment followed a funding round that brought in $10 billion from outside investors, the first time Blue Origin raised that amount externally.1
- Bezos said he has personally invested $28 billion in Blue Origin since founding the company in 2000.1
- A Wall Street Journal report cited in the coverage earlier put Blue Origin's valuation at about $140 billion after the recent funding round.1
- Bezos gave the remarks on Fox News' 'Special Report with Bret Baier' and discussed the possibility of an IPO amid renewed investor interest in space companies.1
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