SpaceThe Next Web1 day ago
BlackRock orders $5B in SpaceX shares ahead of IPO
1 min read
BlackRock ordered at least $5 billion in SpaceX shares ahead of Friday's IPO at $135 per share. Total investor demand reached $250 billion, nearly four times oversubscribed. Morningstar valued SpaceX at $63 per share, roughly half the IPO price. Senator Elizabeth Warren requested an SEC delay, citing governance concerns.
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