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BlackRock weighs multibillion-dollar investment in SpaceX IPO, the Information reports
May 16 (Reuters) - BlackRock has discussed investing $5 billion to $10 billion in SpaceX's initial public offering next month, the Information news outlet reported on Saturday, citing people familiar with the matter.
Source excerpt retained from 2026-10-11.
Summary
May 16 (Reuters) - BlackRock has discussed investing $5 billion to $10 billion in SpaceX's initial public offering next month, the Information news outlet reported on Saturday, citing people familiar with the matter. SpaceX is targeting a raise of about $75 billion at a valuation of roughly $1.75 trillion, potentially making it the biggest-ever stock market flotation.
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