Blue Origin CEO Dave Limp said the company's first-ever outside capital raise is not closed yet and is drawing heavy investor interest, describing the funding round as "oversubscribed."
"I'm so amazed the investor community embraces space this much. … They know that space is kind of infinite and the possibilities of putting commercial things in space, and it is a testament to the tailwind of raising this round," Limp said at the Trump administration's "Hello, America" tech summit in Washington, D.C., on Tuesday.
Last week, the Wall Street Journal reported that the company had already raised $10 billion at a valuation of $140 billion. Jeff Bezos chipped in $2 billion in the current raise, according to the WSJ, and has invested $30 billion since the company's founding in 2000.
Limp did not confirm the final numbers or how much Bezos has invested.
The 26-year-old space company, which was started by Bezos, has been fully funded by the Amazon founder up until now. Limp said the move to engage the investor community marks a significant shift for Blue Origin as it looks to ramp its operations and bring ambitious new technologies online.
"I'm of the firm belief this will be the best invest...