BlackRock Leads Heavy Demand for SpaceX IPO Shares

The post BlackRock Leads Heavy Demand for SpaceX IPO Shares appeared first on Coinpedia Fintech News

BlackRock has reportedly submitted an order for at least $5 billion of shares in the upcoming SpaceX IPO, with other large asset managers and sovereign wealth funds also placing substantial bids. SpaceX is seeking to raise $75 billion at a share price of $135, while reported demand from individual investors alone has exceeded $70 billion. …