TLDR · SCIENCE & FUTURISTIC TECHNOLOGY

BEZOS' BLUE ORIGIN VALUED AT $130 BILLION IN FIRST OUTSIDE FUNDRAISING ROUND

cnbc.com2 min read

Summary from the TLDR newsletter

Blue Origin is raising its first outside funding round. Jeff Bezos is set to contribute $2 billion to the round. The company suffered a setback in late May when one of its New Glenn rockets exploded on a launch pad. It has set an aggressive goal to return New Glenn to flight by the end of the year.