Blue Origin may pursue external investment for the first time as it considers increasing the frequency of its rocket launches. CEO Dave Limp indicated this possibility during a recent all-hands meeting, as reported by the Financial Times, which cited two unnamed sources. The company's plans could lead to a significant shift in its funding approach, previously reliant on Jeff Bezos's wealth from Amazon.
The New Glenn rocket, which had its inaugural launch in January 2025, is currently grounded following a failed mission last month. An investigation is underway, overseen by the Federal Aviation Administration, to address the issues that prevented the payloads from reaching their intended orbits. Blue Origin aims for up to 12 New Glenn launches this year and has long-term aspirations for as many as 100 launches annually.
Founded in 2000, Blue Origin has funded its operations through stock sales and various contracts, including a notable $3.4 billion contract from NASA for a lunar landing system. However, the company faces considerable capital expenses and competition for talent from rivals like SpaceX, which is reportedly eyeing an initial public offering that could value it at over $2 trillion.