Scoopfeeds — Intelligent news, curated.
BlackRock weighs multibillion-dollar investment in SpaceX IPO, the Information reports
business

BlackRock weighs multibillion-dollar investment in SpaceX IPO, the Information reports

Yahoo Finance · May 16, 2026, 4:14 PM · Also reported by 4 other sources

Key takeaways

  • Space X 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.
  • BlackRock declined to comment.
  • BlackRock would invest in SpaceX from its $536 billion of actively ​managed funds, ​the report ​added.

Black Rock weighs multibillion-dollar investment in Space X IPO, the Information reports Reuters Sat, May 16, 2026 at 11:14 PM GMT+7 1 min read SPAX.PVT ^IXIC May 16 (Reuters) - Black Rock has discussed investing $5 billion to $10 billion in Space X s ‌initial public offering next month, the ‌Information news outlet reported on Saturday, citing people ​familiar with the matter.

Space X 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.

BlackRock declined to comment. SpaceX did not respond to ⁠a request for comment.

Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance → More top stories

Also covered by

Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop