Blue Origin Funding Round Oversubscribed, Not Closed

Blue Origin's first outside funding round is oversubscribed but not closed, CEO Dave Limp said Tuesday. The Wall Street Journal reported the company raised $10 billion at a $140 billion valuation, with Jeff Bezos contributing $2 billion. Limp said New Glenn will return to flight before year's end after a May pad explosion, with 1,000 workers repairing the site.