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The Economic Times
The Economic Times
Business

BlackRock seeks to buy at least $5 billion in SpaceX IPO shares: Report

Asset manager BlackRock sought to buy at least $5 billion worth of shares in the initial public offering of Elon Musk's SpaceX , the Wall Street Journal reported on ‌Thursday, ⁠citing people ⁠familiar with the matter.

SpaceX is expected to raise about $75 billion in what would be the world's largest IPO on record at about a $1.8 trillion valuation.

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