Jeff Bezos has spent $28B funding Blue Origin for 25-years. But that hasn’t been enough to beat SpaceX. That’s why he’s now seeking outside investors for the 1st time in the company’s history. Go here to discover how I’m getting into SpaceX before the IPO. Bezos founded Blue Origin in 2000. He’s been funding it personally through every stage… From the early test flights to the New Shepard tourism program to the development of the New Glenn rocket. But that’s about to change. Blue Origin CEO Dave Limp just told employees this week that external fundraising will be necessary if the company wants to scale up launches and compete for contracts. It's the first time in Blue Origin's history that the company has even considered outside capital. And the reason is the costs of competing with SpaceX are simply too big. Even for Bezos. This year alone, Blue Origin is on pace to spend $4.8 billion. That's roughly 15% of the total $28 billion Bezos has put into the company in 25 years. Meanwhile, Musk’s company continues to widen the gap with Blue Origin. It has 140 to 145 launches planned this year while Blue Origin has 8 to 12. Its Falcon 9 rocket has been operational for over 15 years and it handles roughly 85% of all U.S. launches. Blue Origin's New Glenn had its first successful orbital flight in 2025. While SpaceX scales the most powerful rocket ever built (Starship V3)… Blue Origin is still working to ramp up its first operational rocket. And then there’s the massive lead Starlink has over Amazon LEO. Frankly, SpaceX is in a league of its own. They’ve built a business that’s almost impossible to compete with. It’s the reason why I’m getting into SpaceX right now, weeks before the public listing. Here's how you can claim your stake in SpaceX before the IPO. Ian Wyatt |
No comments:
Post a Comment