Bezos' Blue Origin valued at $130 billion in first public fundraising round

Blue Origin, the aerospace venture founded by Jeff Bezos, is embarking on a significant fundraising journey, aiming to secure around $10 billion in its inaugural external funding round. This initiative is poised to elevate the company's valuation to an impressive $130 billion, according to sources who spoke with CNBC's Andrew Ross Sorkin. In this ambitious effort, Bezos is expected to inject approximately $2 billion of his own wealth into the round. Additionally, hedge fund Coatue Management is anticipated to contribute around $4 billion. The information comes from insiders who requested anonymity due to the sensitive nature of the discussions. As this story develops, further updates are anticipated.