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BlackRock Files $5B Subscription for SpaceX IPO; Company Eyes $75B Fundraise at $1.8T Valuation

2026-06-11 20:31:18

According to The Wall Street Journal, BlackRock has filed at least $5 billion in subscription requests ahead of SpaceX's initial public offering this week. The space exploration company expects to raise approximately $75 billion through the IPO at a valuation reaching $1.8 trillion, according to sources cited by the publication. SpaceX is expected to list on Nasdaq as early as Friday, with the underwriters finalizing share allocations following the subscription period that closed on Wednesday. Neither SpaceX nor BlackRock have confirmed the reports as of now.

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