SpaceX Targets $1.8 Trillion IPO Valuation with BlackRock $5 Billion Order and Baron Fund Holdings
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Framing Analysis
Times of Indiaworld's first trillionaire, blockbuster SpaceX IPO
Bloomberg
CNBC
SpaceX is planning an IPO at a roughly $1.8 trillion valuation, with BlackRock placing a $5 billion order for shares. Ron Baron has participated in 27 funding rounds since 2017, and SpaceX accounts for 33 percent of the Baron Partners Fund and 23 percent of the Baron Asset Fund as of end of March. The company's Starship eighth test flight is scheduled for March 3, 2025.
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