- Geopolitical threats from Iran are affecting oil market stability, while company debuts on Nasdaq drive market activity.
- SpaceX is projected to raise $75 billion in an upcoming IPO.
- SpaceX is moving forward with its IPO, involving required prospectus filings and listing on the Nasdaq stock exchange.
BlackRock invested USD5 billion in SpaceX during its IPO.
1 report, 1 independent
Updated Jun 12
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What happened
BlackRock invested USD5 billion in SpaceX during its IPO.
Who's involved
What this event is mainly aboutKeep exploring
Part of
SpaceX is moving forward with its IPO, involving required prospectus filings and listing on the Nasdaq stock exchange.Also in this story
- SpaceX announced a required disclosure with the SEC regarding a major shareholding, indicating Elon Musk holds nearly 50% of the company.
- An IPO on Nasdaq raised $75 billion, with substantial holdings contributing to wealth and sparking concerns about economic inequality.
- Goldman Sachs is leading the IPO underwriting process, utilizing the Nasdaq price-discovery auction, while tracking historical IPO timing of Meta.
The entities involved
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SpaceX
American private aerospace company
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Elon Musk
businessman and entrepreneur (born 1971)
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BlackRock
American multinational investment management corporation
Related events
- SpaceX successfully led a company through a massive IPO on Nasdaq, filed expansion plans with the SEC, and launched Starlink satellites into orbit.
- Goldman Sachs is the lead bank on the SpaceX IPO.
- Meta's IPO was mentioned in relation to Nasdaq, and SpaceX debuted on the Nasdaq stock exchange.
- Major institutional investors, including BlackRock, Fidelity, and Baron Capital, hold shares of SpaceX.
- BlackRock is the largest shareholder in a company involving Axos Financial as of August 2, 2025.