Blue Origin, the space venture founded by Jeff Bezos, is set to raise $10 billion in its first external funding round, valuing the company at approximately $130 billion. The round will be led by Coatue Management with a $4 billion investment, while Bezos will contribute $2 billion personally. The remaining funds will come from large institutional investors. The capital will support Blue Origin's ambitious projects, including New Glenn rocket launches and the TeraWave satellite communications network, as it seeks to rival SpaceX in the commercial space sector. Analysts estimate Blue Origin's spending could reach $5 billion this year, with total investments nearing $28 billion.