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News in English (USA) / 11.06.2026 / 19:00

SpaceX IPO Attracts Billions from Global Investors

The upcoming SpaceX IPO has generated unprecedented interest, with BlackRock placing an order of at least $5 billion for shares. Reports indicate that Middle Eastern sovereign wealth funds, including those from Saudi Arabia, Qatar, and Kuwait, are lining up to invest billions in the IPO. The total orders for SpaceX shares have reportedly exceeded $70 billion, showcasing a strong demand from retail and institutional investors alike. As the IPO date approaches, Gulf wealth funds are stepping up their bets, reflecting a significant focus on AI and innovative technologies.
WSJ, Forbes, Bloomberg, Seeking Alpha, EnterpriseAM, WIRED Middle East, Binance, The Economic Times, Fortune, Moomoo