BlackRock considers a $5 billion to $10 billion investment in SpaceX’s anticipated initial public offering. This commitment positions the world’s largest asset manager as the anchor investor for the listing.

SpaceX targets a public debut as early as June 2026. The company seeks to raise up to $75 billion. This capital raise targets a total valuation between $1.75 trillion and $2 trillion.

The deal would represent the largest stock market flotation in history. BlackRock’s participation signals institutional confidence in Elon Musk’s firm despite its restrictive governance. The investment would strengthen existing ties between the asset manager and Musk’s ventures.