Bezos’ Blue Origin is raising outside capital for the first time to compete for NASA contracts as rival SpaceX’s stock falters

Blue Origin, Jeff Bezos’s rocket company, is raising $10 billion in external capital for the first time to compete with SpaceX for NASA contracts. The funding includes $2 billion from Bezos and $4 billion from Coatue Management, with institutional investors covering the remainder, as SpaceX’s stock performance declines.