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BlackRock purchases $5 billion in SpaceX shares amid soaring IPO demand

BlackRock purchases $5 billion in SpaceX shares amid soaring IPO demand

Home/News/BlackRock purchases $5 billion in SpaceX shares amid soaring IPO demand

BlackRock submitted an order to buy at least $5 billion in SpaceX shares ahead of Friday’s debut, the Wall Street Journal reported. That single order is nearly as large as the entire $5.5 billion Cerebras IPO, the biggest of 2026 so far. SpaceX has told banks it will not budge from its $135 per shar

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