BlackRock eyes up to $10 billion stake in SpaceX’s potentially record-shattering IPO

BlackRock is targeting a substantial stake in the upcoming SpaceX IPO, with reports suggesting an investment ranging from $5 billion to $10 billion. This move comes as investors compete for allocations in what is expected to be the biggest listing ever. Such a significant investment by BlackRock could potentially reshape capital allocation dynamics, influencing the strategies of both institutional and retail investors as they prepare for this record-shattering public offering event.