Rocket maker Blue Origin raises funds for first time, NYT DealBook reports

Rocket maker Blue Origin is expected to raise private capital for the first time, according to reports from NYT DealBook. The company is currently seeking to raise $10 billion in funding. This significant financial move is projected to lead to a company valuation of $130 billion. This marks the first instance of the aerospace firm pursuing external private investment to support its operations and growth within the competitive commercial space industry.