Jeff Bezos is letting outside investors into Blue Origin for the first time in 26 years

Blue Origin is seeking ten billion dollars from outside investors for the first time. This significant funding round aims to accelerate the company's long-term growth and expansion plans. The move comes as Blue Origin works to narrow the gap with competitor SpaceX. Asset management firm Coatue Management is expected to lead this funding round. Jeff Bezos will also contribute two billion dollars to the investment.

By TOI TECH DESK