Amazon founder Jeff Bezos has given his clearest signal yet that Blue Origin will eventually list on the stock market. According to Reuters, he made the remarks on Wednesday, October 7, after the space company raised $10 billion from outside investors for the first time.
What Bezos Said
Speaking on FOX News Channel's "Special Report with Bret Baier," Bezos said: "I think, someday, Blue Origin will have an IPO." He added that it would be several years from now, but that it "probably makes sense" for the company to be public at some point. So the timing is open-ended, and no filing has been announced.
The $10 Billion Funding Round
- First outside money: this is the first major external funding round since Bezos founded Blue Origin in 2000.
- Valuation: the financing reportedly values the company at about $130 billion to $140 billion. The Wall Street Journal put it at $140 billion.
- Bezos's own stake: he says he has personally invested $28 billion in the company.
Blue Origin's Business
Blue Origin was founded about 18 months before SpaceX and has largely relied on Bezos for funding. It has secured multibillion-dollar NASA and US Space Force contracts, including work on the Artemis lunar program. It is a key competitor to SpaceX in the commercial launch market.
New Glenn's Return to Flight
A launch-pad explosion during a static-fire test in May delayed the company's push against SpaceX. Bezos said New Glenn will fly again: "December of this year, we're going to fly that vehicle again."
Why It Matters for Markets
The comments come after SpaceX's record $86 billion IPO in June. They suggest investors may eventually have a second large space company to buy. For now there is nothing to invest in, since Blue Origin remains privately held.
What We Don't Know
- The timing of the IPO, the exchange, and the valuation at listing.
- The names of the outside investors in the $10 billion round.
- Whether the December New Glenn flight will keep to schedule.
Key Takeaways
- Bezos says a Blue Origin IPO is likely, but "several years" away.
- The company raised $10 billion from outside investors at a reported $130-$140 billion valuation.
- New Glenn is targeted to fly again in December.