Brookfield reveals $2B SpaceX stake as IPO nears

MSN
2026.05.16 04:11
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Brookfield has invested $2 billion in SpaceX shares ahead of its anticipated IPO, with half on its parent’s balance sheet. SpaceX aims for a valuation over $1.75 trillion and plans to raise up to $75 billion, potentially becoming Wall Street's largest listing. This investment aligns with Brookfield’s focus on AI and robotics, including ventures with Figure, Hark Labs, and OpenAI.