According to The Information, BlackRock discussed investing $5 billion to $10 billion in a SpaceX IPO that could raise as much as $75 billion next month.
BlackRock discussed investing between $5 billion and $10 billion in SpaceX’s IPO, according to The Information. The report says the offering could raise as much as $75 billion next month, adding more concrete detail to earlier reports about BlackRock-linked demand around the deal. The planned investment would indicate support for Elon Musk’s company despite the report noting limited investor rights.