BlackRock Pursues at Least $5 Billion in SpaceX IPO Shares, Sources Say
Asset manager BlackRock sought to acquire a minimum of $5 billion in shares in the initial public offering of SpaceX, according to people familiar with the matter. SpaceX is expected to raise roughly $75 billion at an estimated $1.8 trillion valuation. The subscription window closed on Wednesday and bankers are finalizing allocations before a plann…