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Blue Origin seeks $10B from outside investors for first time in 26 years

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Blue Origin is opening itself to external investment for the first time, targeting $10 billion in a major funding round. The initiative is aimed at speeding up the company's long-term growth and helping it close the competitive gap with SpaceX. Asset management firm Coatue Management is expected to lead the fundraising effort. Founder Jeff Bezos will personally contribute $2 billion to the round.

Read the full story at Times of India

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Blue Origin seeks $10B from outside investors for first time in 26 years · ShortSingh