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BlackRock in Talks to Invest Up to $10 Billion in SpaceX IPO Ahead of June Listing

TLDR: BlackRock is reportedly in discussions to commit between $5 billion and $10 billion to the SpaceX IPO offering. SpaceX is targeting June 11 for IPO pricing and June 12 for its market debut on the Nasdaq exchange. The offering could raise around $75 billion, valuing SpaceX at approximately $1.75 trillion at listing. Morgan Stanley, [...]

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Source: Blockonomi →