Jeff Bezos has put roughly $28 billion into Blue Origin since he started it in 2000. Now outsiders are putting money in too, and he says the company will probably be public one day.
Speaking Wednesday on Fox News Channel’s “Special Report with Bret Baier,” Bezos said an initial public offering could come “several years from now.” He did not give a date. “I think, someday, Blue Origin will have an IPO; exactly when that will be, I don’t know,” he said. He added that it “probably makes sense for Blue Origin to be a public company at some point.”
First outside money
The talk follows a $10 billion funding round that reportedly values the company at $140 billion. It is Blue Origin’s first major raise from outside investors. Bezos said he had not wanted any until now, but that he sees “the financial future of Blue with some clarity now.”
The company holds multibillion-dollar contracts from NASA and the U.S. Space Force, including work tied to NASA’s Artemis lunar program. It competes with Elon Musk’s SpaceX in commercial launch.
New Glenn returns in December
An explosion in May during a static-fire test of the New Glenn rocket pushed back the company’s launch plans. Bezos said the vehicle will fly again this year. “December of this year, we’re going to fly that vehicle again,” he said.
