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Blue Origin IPO several years away, but makes sense, Bezos says

Blue Origin IPO several years away, but makes sense, Bezos says

Blue Origin, the space company founded by Jeff Bezos in 2000, is expected to undergo an initial public offering (IPO) within the next few years, according to the company's founder. Bezos hinted at this possibility during an interview with Fox News, stating that while an IPO "would be several years from now," it would make sense for Blue Origin to become a public company at some point.

This statement comes after Blue Origin successfully raised $10 billion from outside investors this year, marking its first major external funding round since its inception. The financing reportedly valued the company at an estimated $130 billion to $140 billion, with Bezos personally contributing $28 billion to the venture. Blue Origin has secured significant contracts with NASA and the U.S. Space Force, including participation in the Artemis lunar programme, as it strives to compete with rival SpaceX, which recently completed a record $75 billion IPO in June.

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