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Bezos says Blue Origin likely to pursue IPO in coming years

Bezos says Blue Origin likely to pursue IPO in coming years

Blue Origin founder Jeff Bezos has hinted at the possibility of his space company going public in the future, according to remarks made on Wednesday. The announcement comes after Blue Origin successfully raised $10 billion from outside investors in its first funding round. Bezos told FOX News Channel’s Special Report with Bret Baier that he believes an IPO would be beneficial for the company in the coming years, but added that it would likely take several years to materialize.

This is the most explicit statement yet from Bezos regarding the potential IPO. However, Bezos also emphasized that Blue Origin will continue to compete with SpaceX in the commercial launch market, stating that the company aims to resume New Glenn launches this year.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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