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Blue Origin CEO on its capital raise: "Our target was to raise $10 billion"

6 numbers: a return to flight within weeks, a third stage adding 20 metric tons to lunar missions, an engine built in under a day, and 150 rockets a year

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Scuttlebutt
Nov 07, 2026
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CNBC Television · Nov 6, 2026

With Dave Limp, CEO of Blue Origin

Blue Origin CEO on its capital raise: "Our target was to raise $10 billion"

Outside pundits predicted Blue Origin's New Glenn rocket would not fly again until mid-2028 after an anomaly grounded it earlier this year. Dave Limp, CEO of Blue Origin, told CNBC Television the company set its own target instead.

"We just said we're going to get back to flight this year." — Dave Limp

Dave, whose roughly 600-person team is working alongside NASA and Space Force to get New Glenn flying again, said the group is nearly ready to go.

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Here are the 6 numbers that matter.


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Key Takeaways

  • Blue Origin still targets a return to flight this year, with weather the only thing that could push it into January

  • A new third stage, GS3, adds 20 metric tons of capacity for trans-lunar missions, and the company signed its first lunar customer

  • A new engine, Northstar, costs about 25% of Blue Origin's existing booster engine and can be built in under a day

  • Dave calls demand for launch "insatiable," driven by giant satellite constellations and a new category, space-based data centers

  • Blue Origin is building toward 150 rockets a year, even as heavy-lift cadence stays the real bottleneck

  • Its first external fundraising round, targeting $10 billion, is now oversubscribed

1. Racing Back to Flight

Dave said Blue Origin is nearly ready to return New Glenn to flight after the anomaly earlier this year, rejecting predictions that it would take until mid-2028.

Blue Origin set its own return-to-flight target instead of waiting out the pundits

"We just said we're going to get back to flight this year." — Dave Limp

Cape Canaveral weather could still push the date into early January, but Dave said the team is close.

"We've had some weather, so it might pop into early January, but we're almost done..." — Dave Limp

2. A Third Stage for the Moon

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