BUSINESSSEMAFOR
US, China space ventures raise capital
Commercial space ventures in the US and China are raising capital as they compete in a space race. Blue Origin aims to raise $10 billion at a $130 billion valuation, following SpaceX's $86 billion IPO. Chinese banks are increasing lending to aerospace enterprises, including a $1.5 billion credit pledge over three years.
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- London trust to raise £350million to plough into booming space industry
- Impulse Space raises $500 million as orbital maneuvering race heats up
- Bezos' Blue Origin valued at $130 billion in first public fundraising round
- Bezos’ Blue Origin is raising outside capital for the first time to compete for NASA contracts as rival SpaceX’s stock falters