On May 16, U.S. technology news outlet The Information cited multiple sources stating that BlackRock is exploring the possibility of investing between $5 billion and $10 billion in the SpaceX IPO through its $536 billion active fund.
Given that SpaceX plans to raise up to $75 billion through this offering, BlackRock's investment could account for as much as 13.3% of the total shares available.
Despite raising significant funds from the market, SpaceX intends to limit investor influence over its management. CEO Musk is expected to hold special shares that grant him ten votes per share.
Nonetheless, major investors, including BlackRock, are actively pursuing opportunities in SpaceX.
The Information noted that BlackRock's motivation for a large investment stems from the current value of its SpaceX holdings, which is approximately $300 million. This amount is relatively small compared to other major investors like Fidelity, Baillie Gifford, and Franklin Templeton.
* This article has been translated by AI.
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