ExclusiveBlackRock Weighs Multibillion-Dollar Investment in SpaceX IPO
BlackRock has discussed investing $5 billion to $10 billion in SpaceX’s initial public offering next month, people familiar with the matter said. The massive order, for an offering that could raise as much as $75 billion, would represent a vote of confidence in Elon Musk’s company from the world’s largest asset manager. The investment would highlight the close relationship between Musk and BlackRock CEO Larry Fink, both of whom traveled to China with President Donald Trump in recent days. The...