Investing.com — Jeff Bezos is doubling down on his ambitions in the space race. According to details reported by the Wall Street Journal, the Amazon founder has now poured a staggering $32 billion into Blue Origin since its founding in 2000, funding the venture through strategic sell-offs of his Amazon stock.

As Blue Origin shifts from a privately funded passion project to a commercial space juggernaut, the company is undergoing major structural and financial changes. Valued at $140 billion, Blue Origin has opened its doors to outside investors for the first time. The current funding round has already secured $10 billion—with Bezos personally contributing a fresh $2 billion—and additional commitments may still push that total higher.

CEO Dave Limp is aggressively restructuring the 15,000-person workforce to meet these new ambitions. By enacting targeted layoffs and grounding the headline-grabbing suborbital tourism flights, leadership is strictly prioritizing core technical advancements and the fulfillment of critical NASA contracts.

This strategic pivot is paired with aggressive growth targets. After generating $800 million in 2025, Blue Origin expects to hit $1.4 billion this year. Internally, the company is projecting a massive operational scale-up to top $30 billion in annual revenue by 2030.

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https://uk.investing.com/news/economy-news/blue-origin-raises-10b-as-bezos-total-investment-hits-32b–wsj-4882205?shem=aimgspc,