BlackRock in talks to invest up to $10 billion in SpaceX IPO: Report
Crypto Briefing
BlackRock is reportedly considering a massive investment of up to $10 billion in the highly anticipated upcoming SpaceX initial public offering.Summary
According to a report by The Information, BlackRock is in discussions to invest between $5 billion and $10 billion in the upcoming SpaceX IPO. The company, led by Elon Musk, plans to list on the Nasdaq under the ticker 'SPCX' as early as June 12, following a rapid SEC review process. With a potential valuation of $1.75 trillion, the offering is expected to be one of the largest in history, supported by major financial institutions including Morgan Stanley, Bank of America, and Goldman Sachs.
(Source：Crypto Briefing)