BlackRock’s SpaceX IPO Share Order Said to Target $5 Billion

BlackRock Inc. is seeking to buy shares in SpaceX’s initial public offering and is targeting an amount of about $5 billion, according to people familiar with the matter, as investors...

By Kiel Porter, Edward Ludlow, Silla Brush · Bloomberg

BlackRock Inc. is seeking to buy shares in SpaceX’s initial public offering and is targeting an amount of about $5 billion, according to people familiar with the matter, as investors jockey for allocations in what’s expected to be the biggest listing ever.