BLACKROCK IS REPORTEDLY IN TALKS TO INVEST UP TO $10 BILLION IN THE SPACEX IPO NEXT MONTH
That would make them one of the largest outside investors in the most anticipated public offering in years.
BlackRock has discussed committing somewhere between $5B and $10B into the SpaceX IPO.
SpaceX is reportedly looking to raise as much as $75 Billion in the process of going public
A $10B check from BlackRock alone would represent one of the largest single IPO investments from an asset manager in history.
The deal is expected to happen next month.
(Source The Information)