Jeff Bezos’ Blue Origin Becomes Latest Company To Conduct a Massive Fundraising Round. Its Value Will Be Over $100 Billion
Jeff Bezos’ Blue Origin is raising $10 billion in its first fundraising round ever, according to a new report.
CNBC detailed that the company is set to be valued at $130 billion after the round, where Bezos will contribute $2 billion, along with $4 billion from hedge fund Coatue Management.
The remaining $4 billion has seen significant demand and several large investors are likely to take part, the outlet added.
Bezos had told CNBC in May that it was a “good time” to “start thinking about the future and bring on some other outside investors.”
The development comes shortly after the IPO of Elon Musk’s SpaceX, which raised almost $86 billion, including the underwriters’ option last month. The company is valued at about $2 trillion.
Several other companies have also raised funds recently to finance their next steps. The last one was Rivian Automotive, which announced plans to sell 75 million new shares of common stock in a public offering, a move designed to raise approximately $1.5 billion.
The company said the proceeds from the offering will be used primarily to fund equity contributions required under its loan agreement with the U.S. Department of Energy, as Rivian continues construction of its manufacturing facility in Georgia.
Underwriters also have the option to purchase an additional 11.25 million shares within 30 days, potentially increasing the total amount raised.
Another one is Amazon, which is reportedly planning to raise $25 billion in a new bond sale. Citing people familiar with the matter, CNBC noted that the goal of the eight-part sale is to continue building its AI infrastructure.
The outlet noted that Amazon had already raised about $54 billion in bonds in the U.S. and Europe, and an additional $10 billion in Canada. This sale is set to be the last of the year.
Nvidia also raised some $25 billion in its first corporate bond sale in five years in June. The proceeds will be used for general corporate purposes, including the repayment and refinancing of existing debt.
The company’s graphics processing units, or GPUs, have become essential infrastructure for training and operating advanced artificial intelligence models developed by companies ranging from OpenAI and Anthropic to Microsoft, Meta, and Alphabet.
Meta previously filed for a bond offering worth as much as $30 billion, while Alphabet recently launched its first Japanese yen-denominated bond sale. Amazon, Oracle and Salesforce have also pursued large debt financings to support AI and cloud-computing expansion plans.
