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Bezos says Blue Origin likely to pursue IPO in coming years


Oct 7 (Reuters) – Blue Origin is likely to pursue an initial public offering in the coming years, billionaire ‌founder Jeff Bezos said on Wednesday, after the space ‌company raised $10 billion from outside investors for the first time in a funding ​round.

“I think, someday, Blue Origin will have an IPO… It would be several years from now. But it probably makes sense for Blue Origin to be a public company at some point,” Bezos ‌said on FOX News ⁠Channel’s “Special Report with Bret Baier”.

The remarks are Bezos’ clearest indication yet that Blue Origin could seek ⁠a stock market listing. An eventual IPO would offer investors exposure to a major space company amid renewed interest in the sector, ​though rival ​SpaceX, which listed in June, ​remains the dominant player.

Bezos, ‌who also founded Amazon.com, said he has personally invested $28 billion in Blue Origin since establishing the company in 2000.

The Wall Street Journal reported in September that Blue Origin’s recent funding round valued it at $140 billion.

Founded about 18 months before Elon Musk’s SpaceX, ‌Blue Origin has largely relied on ​Bezos for funding while securing multibillion-dollar NASA ​and US Space Force ​contracts, including for work on the Artemis lunar ‌program.

Blue Origin aims to resume ​New Glenn launches ​this year after a launch-pad explosion during a static-fire test in May delayed its efforts to compete with SpaceX ​in the commercial ‌launch market.

“December of this year, we’re going to fly that ​vehicle again,” Bezos said.

(Reporting by Mrinmay Dey in Mexico ​City; Editing by Subhranshu Sahu)



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