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Inside The Record-Breaking Space X IPO: Why BlackRock Wants 13% - BlackRock (NYSE:BLK)

Summary by Benzinga
SpaceX is expected to raise $75 billion during its IPO as soon as June, making it two and a half times larger than Saudi Aramco’s $30 billion raise—the previous record holder. BlackRock Wants 13% Of The Deal BlackRock Inc. (NYSE:BLK) wants over 13% of the entire offering. The IPO is already oversubscribed before going live, with the world’s largest asset manager leading demand. Pre-IPO markets on Hyperliquid have SpaceX trading at $2.5 trillion.…

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Benzinga broke the news in New York, United States on Wednesday, May 20, 2026.
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