Jeff Bezos says his rocket company Blue Origin will likely go public within the next few years – after one of his $150 million rockets recently exploded into a massive fireball, setting the company back in the race to catch up to Elon Musk’s SpaceX.
Bezos said the inking of a massive $10 billion funding round last month – which for the first time included outside investors and $2 billion of his own cash – was a signal it’s nearing time for a public listing.
“I see the financial future of Blue with some clarity now,” the billionaire Amazon founder told Fox News on Wednesday at Blue Origin’s Florida factory.
Securing the funding round meant it “probably makes sense for Blue Origin to be a public company at some point,” Bezos said, adding that a listing will likely come “several years from now.” Bezos has plowed some $28 billion of his own capital into Blue Origin since founding the company in 2000.
The company operates commercial launch services, builds payload-carrying rockets, lunar landers and rocket engines.
Last month’s funding round valued the company at $140 billion, according to a Wall Street Journal report.
Blue Origin....
