Jeff Bezos’ Blue Origin is raising about $10 billion, in its first outside funding round that will value the rocket company at $130 billion, sources told CNBC’s Andrew Ross Sorkin. Bezos is set to contribute $2 billion into the round, along with about $4 billion from hedge fund Coatue Management, according to people familiar with the matter, who asked not to be named because the details are private. The remaining $4 billion has seen significant demand, with several major investors expected to participate, the people said. The funding round comes hot on the heels of a blockbuster IPO by Elon Musk’s SpaceX last month. SpaceX raised nearly $86 billion, including the underwriters’ option, making it the largest IPO on record and minting Musk a trillionaire. The company is now valued at about $2 trillion.

Full report : Jeff Bezos’ Blue Origin is raising $10 billion at a $130 billion pre-money valuation, its first outside funding round, including $4 billion from Coatue and $2 billion from Bezos.